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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Federated Hermes Municipal and Stock Advantage Fund

FMUAX | Fund

$13.09

$1.57 B

3.21%

$0.42

1.00%

Vitals

YTD Return

-11.7%

1 yr return

-4.8%

3 Yr Avg Return

6.2%

5 Yr Avg Return

5.0%

Net Assets

$1.57 B

Holdings in Top 10

12.4%

52 WEEK LOW AND HIGH

$13.0
$12.75
$15.25

Expenses

OPERATING FEES

Expense Ratio 1.00%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,500

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--30% to 50% Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Federated Hermes Municipal and Stock Advantage Fund

FMUAX | Fund

$13.09

$1.57 B

3.21%

$0.42

1.00%

FMUAX - Profile

Distributions

  • YTD Total Return -11.7%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.18%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Municipal and Stock Advantage Fund
  • Fund Family Name
    Federated
  • Inception Date
    Sep 26, 2003
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Richard Gallo

Fund Description

The fund invests in a diversified portfolio that is allocated between tax-exempt securities and equity securities. In seeking to provide investors with a high level of tax advantaged income, it will invest at least 50% of its total assets in tax-exempt securities; under current federal tax law, this strategy will enable interest earned on tax-exempt securities to retain its tax-exempt nature when paid to the fund's shareholders as dividends.

FMUAX - Performance

Return Ranking - Trailing

Period FMUAX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.7% -27.5% 11.6% 25.71%
1 Yr -4.8% -15.9% 9.8% 28.95%
3 Yr 6.2%* -1.9% 16.2% 25.52%
5 Yr 5.0%* -0.1% 13.4% 30.57%
10 Yr 5.5%* 2.3% 8.1% 44.85%

* Annualized

Return Ranking - Calendar

Period FMUAX Return Category Return Low Category Return High Rank in Category (%)
2021 5.4% -11.5% 14.6% 19.45%
2020 6.0% -10.3% 40.7% 30.99%
2019 10.5% -9.5% 22.1% 45.43%
2018 -12.0% -21.7% -3.5% 87.76%
2017 8.6% -4.7% 13.7% 13.40%

Total Return Ranking - Trailing

Period FMUAX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.7% -27.5% 11.6% 24.18%
1 Yr -10.1% -15.9% 51.9% 88.76%
3 Yr 4.2%* -3.1% 16.2% 63.89%
5 Yr 3.8%* -0.5% 13.4% 65.23%
10 Yr 4.9%* 2.3% 8.1% 66.30%

* Annualized

Total Return Ranking - Calendar

Period FMUAX Return Category Return Low Category Return High Rank in Category (%)
2021 5.4% -11.5% 31.5% 19.68%
2020 6.0% -10.3% 40.7% 30.99%
2019 10.9% -9.5% 22.1% 37.28%
2018 -5.2% -21.7% -2.0% 41.07%
2017 11.1% -4.7% 16.6% 18.50%

NAV & Total Return History

FMUAX - Holdings

Concentration Analysis

FMUAX Category Low Category High FMUAX % Rank
Net Assets 1.57 B 130 K 62.8 B 26.58%
Number of Holdings 409 3 25236 26.10%
Net Assets in Top 10 202 M 3.05 K 11 B 50.80%
Weighting of Top 10 12.38% 6.3% 100.0% 95.55%

Top 10 Holdings

  1. Microsoft Corp 1.69%
  2. Apple Inc 1.62%
  3. Alphabet Inc Class A 1.52%
  4. Bank of America Corp 1.51%
  5. JPMorgan Chase & Co 1.41%
  6. UnitedHealth Group Inc 1.28%
  7. Exxon Mobil Corp 1.10%
  8. Johnson & Johnson 1.10%
  9. Amazon.com Inc 1.08%
  10. SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% 1.05%

Asset Allocation

Weighting Return Low Return High FMUAX % Rank
Bonds 		57.94% 11.31% 94.75% 26.64%
Stocks 		41.65% 0.00% 62.91% 35.59%
Cash 		0.40% -35.68% 69.40% 86.25%
Preferred Stocks 		0.00% -0.03% 39.31% 87.45%
Other 		0.00% -9.78% 21.77% 77.69%
Convertible Bonds 		0.00% 0.00% 71.77% 96.61%

Stock Sector Breakdown

Weighting Return Low Return High FMUAX % Rank
Healthcare 		18.56% 0.00% 32.16% 3.42%
Financial Services 		15.25% 0.00% 83.50% 39.24%
Technology 		13.32% 0.00% 30.37% 72.64%
Energy 		9.15% 0.00% 62.93% 13.28%
Industrials 		8.90% 0.00% 26.64% 76.06%
Communication Services 		8.29% 0.00% 20.68% 18.11%
Consumer Cyclical 		8.13% 0.00% 15.36% 61.57%
Consumer Defense 		8.00% 0.00% 51.19% 31.99%
Utilities 		7.64% 0.00% 48.33% 11.87%
Basic Materials 		2.76% 0.00% 32.82% 88.13%
Real Estate 		0.00% 0.00% 99.41% 98.59%

Stock Geographic Breakdown

Weighting Return Low Return High FMUAX % Rank
US 		40.96% 0.00% 52.50% 10.76%
Non US 		0.69% -0.01% 25.18% 93.82%

Bond Sector Breakdown

Weighting Return Low Return High FMUAX % Rank
Municipal 		99.31% 0.00% 99.85% 1.20%
Cash & Equivalents 		0.69% 0.15% 71.66% 98.61%
Derivative 		0.00% 0.00% 27.44% 75.70%
Securitized 		0.00% 0.00% 52.08% 92.63%
Corporate 		0.00% 0.00% 96.66% 98.01%
Government 		0.00% 0.00% 94.29% 96.02%

Bond Geographic Breakdown

Weighting Return Low Return High FMUAX % Rank
US 		56.40% 9.98% 83.14% 12.75%
Non US 		1.54% 0.00% 30.21% 94.42%

FMUAX - Expenses

Operational Fees

FMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.00% 0.03% 3.70% 41.42%
Management Fee 0.65% 0.00% 1.25% 90.17%
12b-1 Fee 0.00% 0.00% 1.00% 4.96%
Administrative Fee 0.10% 0.01% 0.70% 53.57%

Sales Fees

FMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.00% 5.75% 20.33%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 2.00% 380.00% 67.94%

FMUAX - Distributions

Dividend Yield Analysis

FMUAX Category Low Category High FMUAX % Rank
Dividend Yield 3.21% 0.00% 6.68% 33.46%

Dividend Distribution Analysis

FMUAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

FMUAX Category Low Category High FMUAX % Rank
Net Income Ratio 2.18% -1.22% 6.83% 32.59%

Capital Gain Distribution Analysis

FMUAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FMUAX - Fund Manager Analysis

Managers

Richard Gallo

Start Date

Tenure

Tenure Rank

Sep 26, 2003

18.69

18.7%

R.J. Gallo, Senior Portfolio Manager and Head of the Municipal Bond Investment Group, has been the Fund's Portfolio Manager since April of 2010. Mr. Gallo joined Federated in 2000 as an Investment Analyst. He became a Senior Vice President of the Fund's Adviser in 2011. From 2005 to 2010 Mr. Gallo served as Vice President and from January 2002 through 2004 and as an Assistant Vice President of the Fund's Adviser. He has been a Portfolio Manager since December 2002. From 1996 to 2000, Mr. Gallo was a Financial Analyst and Trader at the Federal Reserve Bank of New York. Mr. Gallo has received the Chartered Financial Analyst designation and a Master's in Public Affairs with a concentration in Economics and Public Policy from Princeton University.

Linda Bakhshian

Start Date

Tenure

Tenure Rank

Nov 30, 2009

12.51

12.5%

Ms. Bakhshian joined Federated in 2007 and has worked in investment management since 2002. Previously, she served as an equity research analyst with the Principal Financial Group from September 2002 to October 2007. Ms. Bakhshian has earned the Chartered Accountant designation and received her B.B. from the University of New England (Australia).

Ann Ferentino

Start Date

Tenure

Tenure Rank

Dec 31, 2013

8.42

8.4%

Ms. Ferentino joined Federated in November 1995 as a financial analyst and has worked in investment management since 2000. Ms. Ferentino has received the Chartered Financial Analyst designation. She received her B.S. from the University of Dayton and M.B.A. from the University of Pittsburgh.

Michael Jura

Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Michael Jura, Vice President, Portfolio Manager, Investment Analyst. Responsible for portfolio management and research in the global equity area. Previous associations: Associate Portfolio Manager/Investment Analyst, Equity Income, Federated Hermes; Associate Portfolio Manager, Fixed Income Managed Accounts, Federated Hermes; Global Market Applications Manager, Operations Strategy Senior Project Manager, Foreign Exchange Project Manager, The Bank of New York Mellon Corporation. B.S., Carnegie Mellon University; M.B.A., Tepper School of Business, Carnegie Mellon University. Joined Federated Hermes 2012

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.44 2.41

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