FMNCX Holdings — Federated Hermes Municipal High Yield Advantage Fund
Data updated: 2026-07-27
FMNCX holds 350 securities. The top 10 make up 9.3% of net assets, led by State of Illinois (1.80%) and Buckeye Tobacco Settlement Financing Authority (1.32%). 99.7% of the portfolio is in United States. Debt holdings: 349 positions, 98.5% of assets.
Holdings cover 99.65% of net asset value (98.49% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
FMNCX Portfolio Holdings
350 holdings of Federated Hermes Municipal High Yield Advantage Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 350.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| State of Illinois | — | Municipal Bonds | 1.80% | $8.24M |
| Buckeye Tobacco Settlement Financing Authority | — | Municipal Bonds | 1.32% | $6.07M |
| New York City Municipal Water Finance Authority | — | Municipal Bonds | 0.91% | $4.20M |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority | — | Municipal Bonds | 0.84% | $3.84M |
| Tobacco Settlement Financing Corp/NJ | TOBGEN | Municipal Bonds | 0.80% | $3.66M |
| City of Chicago IL | — | Municipal Bonds | 0.74% | $3.42M |
| Commonwealth of Puerto Rico | — | Municipal Bonds | 0.73% | $3.36M |
| Iowa Finance Authority | — | Municipal Bonds | 0.72% | $3.32M |
| Ca Stnpwr 5 11/01/2033 | — | Municipal Bonds | 0.70% | $3.20M |
| City of Houston TX Airport System Revenue | — | Municipal Bonds | 0.70% | $3.19M |
| Salt Verde Financial Corp. | — | Municipal Bonds | 0.69% | $3.16M |
| Pa Delapt 09/01/2045 | — | Municipal Bonds | 0.69% | $3.15M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.68% | $3.13M |
| Nc Chamed 01/15/2048 | — | Municipal Bonds | 0.68% | $3.10M |
| King County Public Hospital District No 4 | — | Municipal Bonds | 0.66% | $3.04M |
| Harris County Industrial Development Corp | — | Municipal Bonds | 0.66% | $3.02M |
| Millsboro Spl 5.125 7/38 | — | Municipal Bonds | 0.66% | $3.02M |
| M-S-R Energy Authority | MSRPWR | Municipal Bonds | 0.66% | $3.01M |
| Texas Private Activity Bond Surface Transportation Corp | — | Municipal Bonds | 0.65% | $2.98M |
| Puerto Rico Electric Power Authority | — | Municipal Bonds | 0.64% | $2.94M |
| Public Finance Authority | — | Municipal Bonds | 0.61% | $2.80M |
| TSASC Inc/NY | — | Municipal Bonds | 0.59% | $2.72M |
| Illinois Finance Authority | — | Municipal Bonds | 0.59% | $2.71M |
| City of Minneapolis Mn | MINEDU | Municipal Bonds | 0.59% | $2.71M |
| City of New York NY | — | Municipal Bonds | 0.59% | $2.70M |
| Tarrant County Cultural Education Facilities Finance Corp. | TAREDU | Municipal Bonds | 0.58% | $2.67M |
| Washington Health Care Facilities Authority | — | Municipal Bonds | 0.57% | $2.63M |
| Idaho Health Facilities Authority | — | Municipal Bonds | 0.57% | $2.62M |
| Iowa Tobacco Settlement Authority | — | Municipal Bonds | 0.56% | $2.56M |
| Palm Beach County Health Facilities Authority | — | Municipal Bonds | 0.55% | $2.52M |
| North Range Metropolitan District No 2 | NRTGEN | Municipal Bonds | 0.54% | $2.50M |
| New York Transportation Development Corp | — | Municipal Bonds | 0.54% | $2.48M |
| Pr Prcgen 5 07/01/2058 | — | Municipal Bonds | 0.54% | $2.47M |
| California Municipal Finance Authority | — | Municipal Bonds | 0.51% | $2.35M |
| Oklahoma Development Finance Authority | — | Municipal Bonds | 0.51% | $2.32M |
| California Statewide Communities Development Authority | — | Municipal Bonds | 0.49% | $2.25M |
| Public Finance Authority | — | Municipal Bonds | 0.48% | $2.22M |
| Commonwealth of Puerto Rico | — | Municipal Bonds | 0.47% | $2.16M |
| Triborough Bridge & Tunnel Authority | — | Municipal Bonds | 0.47% | $2.15M |
| Suffolk Regional Off-Track Betting Co | — | Municipal Bonds | 0.47% | $2.15M |
| City of Los Angeles Department of Airports | — | Municipal Bonds | 0.47% | $2.14M |
| Port of Seattle WA | — | Municipal Bonds | 0.46% | $2.13M |
| Pennsylvania Economic Development Financing Authority | — | Municipal Bonds | 0.46% | $2.12M |
| Idaho Health Facilities Authority | — | Municipal Bonds | 0.46% | $2.11M |
| New York Transportation Development Corp | — | Municipal Bonds | 0.46% | $2.11M |
| Public Finance Authority | — | Municipal Bonds | 0.46% | $2.09M |
| Alabama Special Care Facilities Financing Authority-Birmingham AL | — | Municipal Bonds | 0.46% | $2.09M |
| County of Jefferson AL Sewer Revenue | — | Municipal Bonds | 0.46% | $2.09M |
| Al Jefutl 5.25 10/01/2049 | — | Municipal Bonds | 0.45% | $2.08M |
| Central Florida Expressway Authority | — | Municipal Bonds | 0.45% | $2.08M |
| Public Finance Authority | — | Municipal Bonds | 0.45% | $2.07M |
| Texas Private Activity Bond Surface Transportation Corp | — | Municipal Bonds | 0.45% | $2.07M |
| Louisiana Stadium & Exposition District | — | Municipal Bonds | 0.45% | $2.06M |
| Atlanta Development Authority/The | — | Municipal Bonds | 0.45% | $2.06M |
| Wisconsin Health & Educational Facilities Authority | — | Municipal Bonds | 0.45% | $2.05M |
| Chicago Board of Education | — | Municipal Bonds | 0.45% | $2.05M |
| City of Gulfport Ms | — | Municipal Bonds | 0.45% | $2.05M |
| New York Transportation Development Corp | — | Municipal Bonds | 0.45% | $2.05M |
| California Municipal Finance Authority | — | Municipal Bonds | 0.44% | $2.03M |
| Panorama Public Infrastructure District No 1 | — | Municipal Bonds | 0.44% | $2.02M |
| Il Chiwtr 5 11/01/2064 | — | Municipal Bonds | 0.44% | $2.02M |
| Virgin Islands Hotel Development Financing Corp | — | Municipal Bonds | 0.44% | $2.01M |
| Fayette County Development Authority | — | Municipal Bonds | 0.44% | $2.01M |
| Grand Rapids Economic Development Corp | — | Municipal Bonds | 0.44% | $2.01M |
| New Hope Cultural Education Facilities Finance Corp | — | Municipal Bonds | 0.44% | $2.00M |
| Pennsylvania Economic Development Financing Authority | PASDEV | Municipal Bonds | 0.44% | $2.00M |
| County of Muskingum Oh | MUSMED | Municipal Bonds | 0.44% | $2.00M |
| Ca Gldgen 0 06/01/2066 | — | Municipal Bonds | 0.43% | $1.99M |
| Kansas City Land Clearance Redevelopment Authority | KANDEV | Municipal Bonds | 0.43% | $1.99M |
| Utah Charter School Finance Authority | — | Municipal Bonds | 0.43% | $1.97M |
| Bucks County Industrial Development Authority | BUCDEV | Municipal Bonds | 0.42% | $1.94M |
| Illinois Finance Authority | — | Municipal Bonds | 0.42% | $1.94M |
| Washington Metropolitan Area Transit Authority Dedicated Revenue | — | Municipal Bonds | 0.42% | $1.92M |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | — | Municipal Bonds | 0.42% | $1.92M |
| Texas Water Development Board | — | Municipal Bonds | 0.41% | $1.90M |
| Oh Ohsedu 01/01/2039 | — | Municipal Bonds | 0.41% | $1.90M |
| Ma Mastrn 4 07/01/2048 | — | Municipal Bonds | 0.41% | $1.90M |
| De Desmed 4 10/01/2049 | — | Municipal Bonds | 0.41% | $1.87M |
| Puerto Rico Electric Power Authority | — | Municipal Bonds | 0.40% | $1.85M |
| Florida Local Government Finance Commission | — | Municipal Bonds | 0.40% | $1.84M |
| Savannah Georgia Convention Center Authority | — | Municipal Bonds | 0.40% | $1.83M |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | — | Municipal Bonds | 0.40% | $1.82M |
| Pr Prcgen 0 07/01/2051 | — | Municipal Bonds | 0.39% | $1.81M |
| New Orleans Aviation Board | — | Municipal Bonds | 0.39% | $1.78M |
| Tulsa County Industrial Authority | TULIND | Municipal Bonds | 0.38% | $1.76M |
| Tx Txsutl 5 04/01/2036 | — | Municipal Bonds | 0.38% | $1.76M |
| New York Transportation Development Corp | — | Municipal Bonds | 0.38% | $1.75M |
| Indianapolis Local Public Improvement Bond Bank | — | Municipal Bonds | 0.38% | $1.73M |
| Fl Mia 5.25 06/15/2056 | — | Municipal Bonds | 0.38% | $1.73M |
| Huntsville-Redstone Village Special Care Facilities Financing Authority | — | Municipal Bonds | 0.37% | $1.72M |
| City of Forest Lake Mn | FLVEDU | Municipal Bonds | 0.37% | $1.70M |
| West Central Ohio Port Authority | — | Municipal Bonds | 0.37% | $1.70M |
| County of Frederick MD | — | Municipal Bonds | 0.37% | $1.69M |
| City of St Cloud Mn | STCEDU | Municipal Bonds | 0.37% | $1.68M |
| San Diego County Regional Airport Authority | — | Municipal Bonds | 0.37% | $1.68M |
| North Carolina Medical Care Commission | — | Municipal Bonds | 0.36% | $1.67M |
| Colorado Educational & Cultural Facilities Authority | — | Municipal Bonds | 0.36% | $1.66M |
| Pa Pasmed 4.5 12/15/2051 | — | Municipal Bonds | 0.36% | $1.66M |
| County of Lee FL Airport Revenue | — | Municipal Bonds | 0.36% | $1.65M |
| New Hope Cultural Education Facilities Finance Corp | — | Municipal Bonds | 0.36% | $1.64M |
FMNCX Sector Allocation
Federated Hermes Municipal High Yield Advantage Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Municipal Bonds | 100.0% | 348 |
| Unknown | 0.0% | 2 |
FMNCX Country Allocation
Where Federated Hermes Municipal High Yield Advantage Fund's holdings are domiciled, by percentage of net assets (largest 1).
| Country | % of net assets |
|---|---|
| United States | 99.7% |
FMNCX Portfolio Allocation
Asset-class allocation of Federated Hermes Municipal High Yield Advantage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.6% |
FMNCX Debt Constituents
Largest debt holdings of Federated Hermes Municipal High Yield Advantage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Illinois (il), State of | 1.80% |
| Buckeye Tobacco Settlement Financing Authority (oh) | 1.32% |
| New York N Y City Mun Wtr Fin Auth | 0.91% |
| Puerto Rico Aqueduct and Sewer Authority | 0.84% |
| Tobacco Settlement Financing Corp. (va) | 0.80% |
| Chicago (il), City of | 0.74% |
| Puerto Rico, Commonwealth of | 0.73% |
| Iowa Finance Authority (ia) | 0.72% |
| Southern Calif Pub Pwr Auth | 0.70% |
| Houston Tex | 0.70% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.