FMUAX – Federated Hermes Muni and Stock Adv A Investment Strategy | Morningstar

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Strategy

The investment seeks to provide tax-advantaged income with a secondary objective of capital appreciation. The fund invests in a diversified portfolio that is allocated between tax-exempt securities and equity securities. In seeking to provide investors with a relatively 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FMUIX	Federated Hermes Muni and Stock Advantage Fund Institutional Shares	Institutional	Open			Dec 29, 2010	$513.95M	0.740%	Above Average	$1M	−$7.62M
FMUAX	Federated Hermes Muni and Stock Advantage Fund Class A Shares	Front Load	Open			Sep 26, 2003	$674.05M	0.990%	Average	$1,500	−$32.29M
FMUCX	Federated Hermes Muni and Stock Advantage Fund Class C Shares	Level Load	Open			Sep 26, 2003	$45.68M	1.740%	Average	$1,500	−$15.61M
FMUFX	Federated Hermes Muni and Stock Advantage Fund Class F Shares	—	Open			May 31, 2007	$174.10M	0.990%	—	$1,500	−$18.36M

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