FMYIX — Federated Hermes Municipal High Yield Advantage Fund
Data updated: 2026-07-27
FMYIX — Federated Hermes Municipal High Yield Advantage Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $459.10M AUM · 0.79% expense ratio · 3.7% 1-yr return. From SEC regulatory filings.
FMYIX Fund Overview
FMYIX — Federated Hermes Municipal High Yield Advantage Fund is a US mutual fund managed by Federated Hermes Municipal Securities Income Trust, categorised as Long Corporate 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 Municipal Securities Income Trust
- Category: Long Corporate Bond
- Assets under management: $459.10M
- 1-year return: 3.7%
- Ticker: FMYIX
- SEC CIK: 0000866700
- SEC series ID: S000012747
- Share class ID: C000130166
FMYIX Holdings
Top 10 holdings of Federated Hermes Municipal High Yield Advantage Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| 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% |
FMYIX 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% |
FMYIX Performance
Total returns for FMYIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.1% |
| 1 year | 3.7% |
| 3 years (annualised) | 5.5% |
| 5 years (annualised) | 1.7% |
FMYIX Risk Information
Risk metrics for FMYIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.9%
FMYIX Costs and Fees
FMYIX costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.97%
- Portfolio turnover: 31%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FMYIX Cashflows
Over the 12 months to 2026-02, Federated Hermes Municipal High Yield Advantage Fund had net outflows of $19.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $2.73M |
| 2026-01 | $2.65M |
| 2025-12 | −$519.88K |
| 2025-11 | −$923.10K |
| 2025-10 | −$2.02M |
| 2025-09 | −$1.53M |
FMYIX 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% |
FMYIX Prospectus and SEC Filings
Official Federated Hermes Municipal High Yield Advantage Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
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.