FMTHX — Federated Short-Intermediate Duration Municipal Trust

FMTHX Fund Overview

FMTHX — Federated Short-Intermediate Duration Municipal Trust is a US mutual fund managed by Federated Hermes Short-Intermediate Duration Municipal Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Federated Hermes Short-Intermediate Duration Municipal Trust
• Category: Long Municipal - National Bond
• Assets under management: $398.14M
• 1-year return: 0.0%
• Ticker: FMTHX
• SEC CIK: 0000353101
• SEC series ID: S000009085
• Share class ID: C000232326

FMTHX Investment Objective and Strategy

Federated Short-Intermediate Duration Municipal Trust describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes Short-Intermediate Duration Municipal Trust.

Investment objective

The Fund's investment objective is to provide dividend income which is exempt from federal regular income tax.

Principal investment strategy

"The Fund pursues its objective by investing its assets so that normally distributions of annual interest income are exempt from federal regular income tax. The Fund's investment adviser (""Adviser"") normally will invest the Fund's assets entirely in securities whose interest is not subject to (nor a specific preference item for purposes of) the federal alternative minimum tax for individuals (AMT), such that, normally, distributions of annual interest income also are exempt from the AMT. However, in certain circumstances (such as, for example, when there is a lack of supply of non-AMT securities or there are advantageous market conditions), to pursue the Fund's investment objective, the Adviser may invest the Fund's assets in securities that may be subject to AMT. In such circumstances, interest from the Fund's investments may be subject to (or may be a specific preference item for purposes of) the AMT.

The Fund does not limit itself to securities of a particular maturity range. The Fund's dollar-weighted average portfolio duration will be less than five years. ""Duration"" measures the sensitivity of a security's price to changes in interest rates. The Fund 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. Investment-grade securities are securities that receive investment-grade ratings (i.e., generally ratings in the first, second, third or fourth highest rating category) by a nationally recognized statistical rating organization (NRSRO) or unrated securities of comparable quality.

For example, securities rated AAA, AA, A or BBB (including modifiers, sub-categories or gradations) by Standard & Poor's, an NRSRO, would be rated in the first, second, third or fourth ratings category, respectively. Securities rated below investment grade (or noninvestment-grade securities) are securities that do not receive investment-grade ratings (i.e., generally ratings below one of the four highest rating categories) by an NRSRO or unrated securities of comparable quality. For example, securities rated B or BB (including modifiers, sub-categories or gradations) by Standard & Poor's, an NRSRO, would be noninvestment-grade securities. The presence of a ratings modifier, sub-category, or gradation (for example, a (+) or (-)) is intended to show relative standing within the major rating categories and does not affect the security credit rating for purposes of the Fund's investment parameters.

The Fund does not have a specific minimum quality rating. The securities in which the Fund may principally invest include tax-exempt securities, which may include, for example, general obligation bonds, special revenue bonds, private activity bonds, inverse floaters, municipal mortgage-backed securities, variable rate demand instruments and municipal notes. Certain of the tax-exempt securities in which the Fund invests may be subject to credit enhancement. The Fund also may principally invest in derivative contracts (such as, for example, futures contracts, option contracts and swap contracts) and hybrid instruments to implement its investment strategies. For example, the Fund may use derivative contracts or hybrid instruments to increase or decrease the portfolio's exposure to the investment(s) underlying the derivative or hybrid instrument in an attempt to benefit from changes in the value of the underlying instrument(s), to gain exposure to the municipal bond sector, to increase or decrease the effective duration of the Fund's portfolio or to hedge against potential losses.

The Fund also may invest in certain securities or other investments as described herein (such as, market discount bonds, credit default swaps and other derivative transactions) that will likely cause the Fund to realize a limited amount of ordinary income or short-term capital gains (which are treated as ordinary income for federal income tax purposes). Derivative investments made by the Fund are included within the Fund's 80% policy and are calculated at market value. Under normal circumstances, the Fund will invest its assets so that at least 80% of the income that it distributes will be exempt from federal regular income tax. This policy may not be changed without shareholder approval."

FMTHX Holdings

Top 10 holdings of Federated Short-Intermediate Duration Municipal Trust by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all FMTHX holdings

FMTHX Portfolio Allocation

Asset-class allocation of Federated Short-Intermediate Duration Municipal Trust by percentage of net assets, from the latest SEC N-PORT filing.

FMTHX Performance

Total returns for FMTHX (as of 2026-10-01), from SEC filings.

FMTHX Risk Information

Risk metrics for FMTHX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 0.0%

FMTHX Costs and Fees

FMTHX costs about $72 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.72%
• Gross expense ratio: 0.78%
• Portfolio turnover: 26%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

FMTHX Cashflows

Over the 12 months to 2026-06, Federated Short-Intermediate Duration Municipal Trust had net inflows of $27.30M, from monthly SEC N-PORT filings.

FMTHX Debt Constituents

Largest debt holdings of Federated Short-Intermediate Duration Municipal Trust by percentage of net assets, from the latest SEC N-PORT filing.

FMTHX Prospectus and SEC Filings

Official Federated Short-Intermediate Duration Municipal Trust filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-08-26
• Prospectus (485BPOS) — filed 2025-08-26
• Prospectus (485BPOS) — filed 2024-08-26
• Portfolio holdings (N-PORT) — filed 2026-08-25
• Portfolio holdings (N-PORT) — filed 2026-05-22
• Portfolio holdings (N-PORT) — filed 2026-02-24
• Annual census (N-CEN) — filed 2025-09-02
• Annual census (N-CEN) — filed 2024-09-03

Related Funds

Other Long Municipal - National Bond funds tracked on ABC INVEST:

• Vanguard Intermediate-Term Tax-Exempt Fund (VWITX)
• iShares National Muni Bond ETF (MUB)
• Vanguard Limited-Term Tax-Exempt Fund (VMLTX)
• Tax Exempt Bond Fund Of America (AFTEX)
• Bridge Builder Municipal Bond Fund (BBMUX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.