Nasdaq - Delayed Quote USD

Federated Hermes Municipal Ultrashort IS (FMUSX)

9.99
0.00
(0.00%)
As of 8:09:20 AM EDT. Market Open.

Fund Summary

The fund will invest at least 65% of its assets in securities rated investment-grade without regard to the maturity of the securities and may purchase securities rated below investment-grade without regard to the maturity of the securities up to 35% of its assets. It will normally invest so that at least 80% of its net assets are in tax-exempt securities or at least 80% of its annual interest income is exempt from federal regular income tax.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 3.97%
Worst 1Y Total Return --
Number of Years Up 23
Number of Years Down 1

Performance & Risk

YTD Return 1.13%
5y Average Return 1.95%
Rank in Category (ytd) 15
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.10
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
FMUSXCategory AverageFMUSXCategory AverageFMUSXCategory Average
Alpha -1.31 -0.01 -0.64 -0 -0.54 -0
BETA 0.1 0 0.11 0 0.11 0
Mean Annual Return 0.26 0 0.17 0 0.12 0
R-squared 85.48 0.75 75.46 0.72 66.27 0.67
Standard Deviation 0.8 0.02 0.9 0.02 0.78 0.02
Sharpe Ratio -2.05 0 -0.97 0 -0.74 0.01
Treynor Ratio -16.39 0.01 -7.27 -0.01 -4.73 0.03

Related Tickers