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Federated Hermes Short-Interm Muni IS (FSHIX)

9.93
0.00
(0.00%)
At close: 8:04:15 PM EDT

Fund Summary

The fund pursues its objective by investing its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax. It will invest at least a majority of its assets in securities rated investment-grade (or unrated securities of comparable quality), and may purchase securities rated below investment-grade (or unrated securities of comparable quality), which are also known as junk bonds, up to 49% of its assets.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 5.14%
Worst 1Y Total Return --
Number of Years Up 41
Number of Years Down 2

Performance & Risk

YTD Return 0.90%
5y Average Return 1.48%
Rank in Category (ytd) 62
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.37
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
FSHIXCategory AverageFSHIXCategory AverageFSHIXCategory Average
Alpha -0.98 -0.01 -0.51 -0 -0.77 -0
BETA 0.37 0 0.4 0 0.41 0
Mean Annual Return 0.24 0 0.14 0 0.11 0
R-squared 95.34 0.75 93.16 0.72 85.24 0.67
Standard Deviation 2.72 0.02 2.66 0.02 2.3 0.02
Sharpe Ratio -0.66 0 -0.42 0 -0.3 0.01
Treynor Ratio -5.1 0.01 -2.87 -0.01 -1.76 0.03

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