FHMAX Mutual Fund

NAV$10.00

Fund Essentials - as of Feb 28, 2026

Net Assets
$146M
Expense Ratio
0.40%
Dividend Yield (Current)
2.07%
Holdings
138
Inception Date
Feb 3, 2021
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.66%
1 Year+1.59%

Asset Allocation

Bonds: 97.63%
Other: 2.37%

Price Chart (6M)

Loading chart data...

Top Holdings

View All →
TickerNameWeight
-Invesco Municipal Opportunity Trust, Putters 3A-7 (Vmtp 5029), 1.240%, 12/1/20213.14%
-Prt Arthr Tx Mtva10E Q=Self V73.08%
-Nuveen Ca Amt-free Quality Mun Nuveen California Amt-free Quality Municipal Incom 10/01/20472.41%
AL WALPOL 08/01/2063Walker Cnty Al Economic And Indl Dev Auth Solid Waste Disp Rev, 4.15% 2063/08/012.28%
-1500 Mission Urban Housing Lp 4.27% 2046-12-012.28%
Top 10 Concentration: 22.91%Report Date: Feb 28, 2026
Download all 138 holdings for FHMAX
CSV export with sector, industry & share changes
Get CSV

Dividend Summary

View Details →
Dividend Yield (Current)
2.07%
Frequency
Monthly

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
See how FHMAX ranks against its peers
Category rank, peer-average returns and outperformance, updated daily.
$49$29/mo
Claim the $29 launch price
First 500 subscribers, then $49/mo. Cancel anytime. From MarketXLS, trusted since 2014.

FHMAX Mutual Fund Overview

FHMAX Mutual Fund (Federated Hermes Conservative Municipal Microshort Fund Class A) is managed by Federated Hermes with $145.8M in net assets. FHMAX expense ratio is 0.40%, holding 138 positions across sectors including Other, Financials, Unknown. Inception date: 2021-02-03.

FHMAX performance shows a YTD return of 0.66%. The 1-year return is 1.59%. FHMAX dividend yield stands at 2.07%, paid monthly.

FHMAX top holdings include Invesco Municipal Opportunity Trust, Putters 3A-7 (Vmtp 5029), 1.240%, 12/1/2021 (3.1%), Prt Arthr Tx Mtva10E Q=Self V7 (3.1%), Nuveen Ca Amt-free Quality Mun Nuveen California Amt-free Quality Municipal Incom 10/01/2047 (2.4%), Walker Cnty Al Economic And Indl Dev Auth Solid Waste Disp Rev, 4.15% 2063/08/01 (2.3%), 1500 Mission Urban Housing Lp 4.27% 2046-12-01 (2.3%). View all FHMAX holdings, sector breakdown, or dividend history.

FHMAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FHMAX alternatives are available via the screener, along with tax-loss harvesting opportunities.