C
Federated Hermes Municipal Bond Fund Class C Shares LMSCX
NASDAQ
Recommendation
NAV
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Fund Information
Fund Type
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
100
Front End Fee
Back End Fee
1
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Systematic Withdrawal Plan, Automatic Investment Plan, Phone Exchange, Wire Redemption
Top Holdings
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Performance
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NAV
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Company Information
Provider
Federated
Manager/Tenure
(Years)
Richard J. Gallo (7), Lee R. Cunningham (3), Derek Plaski (0)
Address
Federated Investors Funds
Warrendale PA - 15086-7561
Country
United States
Phone Number
800-341-7400
Investment Strategy
The investment seeks a high level of current income which is exempt from federal regular income tax. The fund pursues its objective by investing its assets so that normally distributions of annual interest income are exempt from federal regular income tax. The fund's investment adviser may also invest the fund's assets in securities whose interest (while exempt from the federal regular income tax) may be subject to (or may be a specific preference item for purposes of) the federal alternative minimum income tax for individuals.