FMTAX Performance — Federated Hermes Short-Intermediate Municipal Fund, Class A
Data updated: 2026-09-10
FMTAX returned +1.32% year to date and +3.62% over one year to Jun 2026. Annualised returns are +3.50% over 3 years and +1.47% over 5 years. Against its Short-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $111, against $111 for the category, and to $104 over one year, against $104. Volatility over the past three years was 2.16% a year. In the 12 months to Jun 2026 the fund took in a net $27.3M, and assets reached $398.14M.
FMTAX Growth of $100
What $100 invested in Federated Hermes Short-Intermediate Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | FMTAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $108 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $111 | $113 |
FMTAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.32% |
| 1 year | +3.62% |
| 3 years (annualised) | +3.50% |
| 5 years (annualised) | +1.47% |
FMTAX Annual Returns
Calendar-year total returns of Federated Hermes Short-Intermediate Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.32% |
| 2025 | +3.93% |
| 2024 | +2.65% |
| 2023 | +4.05% |
| 2022 | −4.10% |
| 2021 | −0.14% |
| 2020 | +1.69% |
| 2019 (Jul–Dec) | +0.91% |
FMTAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | −0.9% | +0.3% | +0.3% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.6% | −0.4% | −0.3% | +0.5% | +0.6% | +0.4% | +0.6% | +0.5% | +0.1% | +0.2% | +0.3% |
| 2024 | +0.1% | +0.2% | +0.1% | −0.5% | 0.0% | +0.9% | +0.8% | +0.8% | +0.6% | −0.7% | +0.7% | −0.5% |
| 2023 | +1.2% | −0.9% | +0.9% | +0.1% | −0.3% | +0.5% | +0.2% | −0.2% | −0.8% | −0.2% | +2.5% | +1.1% |
| 2022 | −1.6% | −0.4% | −1.5% | −1.1% | +0.6% | −0.4% | +1.1% | −0.9% | −1.4% | −0.1% | +1.5% | +0.2% |
| 2021 | +0.3% | −0.8% | +0.2% | +0.4% | +0.1% | +0.1% | +0.3% | −0.1% | −0.5% | −0.1% | +0.2% | −0.1% |
| 2020 | +0.8% | +0.5% | −3.5% | −0.3% | +1.7% | +0.8% | +0.8% | +0.1% | +0.2% | −0.1% | +0.5% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.5% | +0.4% | −0.4% | +0.1% | +0.2% | +0.1% |
FMTAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.16%
- 3-year Sharpe ratio: -0.46 (vs 4.5% risk-free rate)
- Best month: +2.49% (Nov 2023)
- Worst month: −0.86% (Mar 2026)
FMTAX Fund Flows
Monthly money in and out of Federated Hermes Short-Intermediate Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $27.3M
- 12-month gross sales (incl. reinvestments): $129.8M
- Sales ÷ redemptions: 1.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $11.5M | $6.8M | $4.6M |
| May 2026 | $6.2M | $6.1M | $135K |
| Apr 2026 | $9.1M | $7.8M | $1.3M |
| Mar 2026 | $9.6M | $5.6M | $4.0M |
| Feb 2026 | $6.8M | $7.4M | −$587K |
| Jan 2026 | $9.0M | $9.4M | −$396K |
| Dec 2025 | $9.8M | $10.3M | −$523K |
| Nov 2025 | $14.0M | $6.5M | $7.5M |
| Oct 2025 | $9.8M | $14.5M | −$4.7M |
| Sep 2025 | $7.8M | $10.9M | −$3.0M |
| Aug 2025 | $27.3M | $10.5M | $16.8M |
| Jul 2025 | $8.8M | $6.6M | $2.2M |
FMTAX Assets Under Management
Net assets of Federated Hermes Short-Intermediate Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $398.14M |
| 2026-03-31 | $390.88M |
| 2025-12-31 | $388.93M |
| 2025-09-30 | $386.80M |
| 2025-06-30 | $367.62M |
| 2025-03-31 | $368.13M |
| 2024-12-31 | $379.40M |
| 2024-09-30 | $399.51M |
| 2024-06-30 | $378.10M |
| 2024-03-31 | $392.88M |
| 2023-12-31 | $404.71M |
| 2023-09-30 | $442.85M |
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.