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Federated Hermes Municipal and Stock Advantage Fund (FMUCX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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14.14+0.08 (+0.57%)
At close: 08:01PM EDT

Federated Hermes Municipal and Stock Advantage Fund

Pittsburgh, PA 15222-3779

5800 Corporate Drive

Federated Hermes Income Securities Trust

Management information
Steven Anthony Chiavarone,Lead manager since 31 May 2023
Steven Chiavarone, CFA, Senior Vice President, Senior Portfolio Manager, Equity Strategist, Head of Multi-Asset Solutions Team. Responsible for portfolio management and research on the Multi-Asset Solutions and Tactical Balanced Strategies Teams, as well as helping to formulate Federated Hermes’ views on the economy, the financial markets and the firm’s investment positioning strategies as a member of the Macro Economic Policy and PRISM Asset Allocation committees. Previous associations: Project Analyst, PWM Investments, U.S. Trust Co.; Project Manager, U.S. Trust Co. B.A., Drew University. Joined Federated Hermes 2007.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryAllocation--30% to 50% Equity
Fund familyFederated
Net assets1.35B
YTD return1.56%
Yield1.62%
Morningstar rating★★★
Inception date25 Sept 2003

Fund operations

Last dividend0.04
Last cap gain2.00
Holdings turnover36.00%
Average for categoryN/A

Fees and expenses

ExpenseFMUCXCategory average
Annual report expense ratio (net)1.00%0.72%
Prospectus net expense ratio1.00%N/A
Prospectus gross expense ratio1.08%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A4.82%
Max deferred sales loadN/A1.38%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A