Skip to Content

Federated Hermes Municipal Ultrashort IS FMUSX

Quantitative rating as of
NAV / 1-Day Return
9.89  /  0.00
Total Assets
1.6 Bil
Adj. Expense Ratio
0.360%
Expense Ratio
0.360%
Distribution Fee Level
Average
Share Class Type
Institutional
Category
Muni National Short
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.67%
Effective Duration
0.49 years

Morningstar’s Analysis FMUSX

Will FMUSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

|

Federated Hermes Municipal Ultrashort IS's Average People Pillar and Process Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

Unlock our full analysis with Morningstar Investor