Federated Hermes Municipal and Stock Advantage Fund (FMUAX)
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 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.
Fund Info
US31420C8376
31420C837
Sep 25, 2003
$1,500
Large-Cap
Blend
Expense Ratio
FMUAX has a high expense ratio of 1.00%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Federated Hermes Municipal and Stock Advantage Fund (FMUAX) returned -1.22% year-to-date (YTD) and 4.36% over the past 12 months. Over the past 10 years, FMUAX returned 4.86% annually, underperforming the S&P 500 benchmark at 10.84%.
FMUAX
-1.22%
2.00%
-3.06%
4.36%
4.24%
5.68%
4.86%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of FMUAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.96% | -0.23% | -3.26% | -1.31% | 1.72% | -1.22% | |||||||
| 2024 | 0.46% | 1.68% | 1.90% | -2.18% | 1.54% | 1.63% | 1.43% | 1.18% | 1.17% | -1.36% | 3.19% | -2.12% | 8.70% |
| 2023 | 3.46% | -2.76% | 1.88% | 0.62% | -1.18% | 2.71% | 1.28% | -1.63% | -3.52% | -1.64% | 7.44% | 3.29% | 9.81% |
| 2022 | -2.56% | -1.20% | -0.40% | -4.52% | 1.34% | -4.70% | 4.13% | -2.70% | -5.65% | 2.66% | 5.07% | -2.02% | -10.67% |
| 2021 | -0.32% | 1.87% | 2.16% | 2.41% | 1.22% | 0.00% | 0.44% | 0.65% | -1.71% | 2.13% | -0.82% | 1.95% | 10.32% |
| 2020 | 0.49% | -3.31% | -8.42% | 3.65% | 3.68% | 1.13% | 3.07% | 2.54% | -1.27% | -0.98% | 6.16% | 2.26% | 8.48% |
| 2019 | 3.38% | 1.61% | 0.96% | 3.30% | -2.76% | 3.12% | 0.60% | -0.70% | 0.85% | 0.46% | 1.21% | 1.25% | 13.94% |
| 2018 | 1.67% | -1.91% | -0.50% | 0.32% | 0.85% | -0.66% | 1.48% | 0.32% | -0.40% | -3.57% | 0.97% | -3.48% | -4.98% |
| 2017 | 0.80% | 2.00% | -0.23% | 0.38% | 0.57% | 0.31% | 1.09% | 0.27% | 1.71% | 1.27% | 1.35% | 1.23% | 11.28% |
| 2016 | -0.98% | 0.46% | 2.86% | 0.64% | 0.59% | 1.70% | 0.89% | 0.00% | -0.58% | -1.15% | 0.23% | 1.47% | 6.23% |
| 2015 | -0.21% | 1.30% | -0.99% | 0.03% | -0.17% | -1.78% | 1.36% | -2.35% | -0.34% | 3.17% | 0.13% | -0.54% | -0.51% |
| 2014 | -0.54% | 2.84% | 0.68% | 2.12% | 1.55% | 3.44% | -0.84% | 2.06% | -1.61% | -0.05% | 0.22% | -0.79% | 9.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMUAX is 36, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Municipal and Stock Advantage Fund (FMUAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Federated Hermes Municipal and Stock Advantage Fund provided a 2.13% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.30 | $0.35 | $0.29 | $0.68 | $0.30 | $0.31 | $0.96 | $0.32 | $0.30 | $0.39 | $0.48 |
Dividend yield | 2.13% | 2.01% | 2.54% | 2.26% | 4.57% | 2.13% | 2.34% | 7.98% | 2.34% | 2.37% | 3.24% | 3.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Municipal and Stock Advantage Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.11 | |||||||
| 2024 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.06 | $0.30 |
| 2023 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.04 | $0.07 | $0.35 |
| 2022 | $0.01 | $0.03 | $0.02 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.05 | $0.29 |
| 2021 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.06 | $0.02 | $0.02 | $0.03 | $0.41 | $0.68 |
| 2020 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.30 |
| 2019 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.31 |
| 2018 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.71 | $0.96 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 | $0.03 | $0.02 | $0.02 | $0.03 | $0.04 | $0.32 |
| 2016 | $0.02 | $0.04 | $0.02 | $0.02 | $0.03 | $0.02 | $0.01 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 | $0.30 |
| 2015 | $0.02 | $0.03 | $0.03 | $0.02 | $0.04 | $0.02 | $0.02 | $0.00 | $0.11 | $0.02 | $0.04 | $0.05 | $0.39 |
| 2014 | $0.03 | $0.08 | $0.03 | $0.02 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.06 | $0.06 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Municipal and Stock Advantage Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes Municipal and Stock Advantage Fund was 24.50%, occurring on Mar 9, 2009. Recovery took 498 trading sessions.
The current Federated Hermes Municipal and Stock Advantage Fund drawdown is 3.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.5% | May 22, 2007 | 451 | Mar 9, 2009 | 498 | Feb 28, 2011 | 949 |
| -21.46% | Feb 20, 2020 | 23 | Mar 23, 2020 | 111 | Aug 28, 2020 | 134 |
| -15.93% | Jan 5, 2022 | 186 | Sep 30, 2022 | 359 | Mar 7, 2024 | 545 |
| -9.9% | Jan 29, 2018 | 229 | Dec 24, 2018 | 83 | Apr 25, 2019 | 312 |
| -9.73% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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