LMSBX Performance — Federated Hermes Municipal Bond Fund, Inc., Class B
Data updated: 2026-08-25
LMSBX returned 0.00% over one year to Sep 2024. Annualised returns are −2.83% over 3 years and −0.73% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $92, against $99 for the category, and to $100 over one year, against $112. Volatility over the past three years was 6.01% a year. In the 12 months to Jun 2026 the fund lost a net $17.8M, and assets reached $210.07M.
LMSBX Growth of $100
What $100 invested in Federated Hermes Municipal Bond Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | LMSBX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $100 | $112 |
| 3 years (Oct 2021 – Sep 2024) | $92 | $99 |
| 5 years (Oct 2019 – Sep 2024) | $96 | $106 |
| Since data start (Jul 2019 – Sep 2024) | $98 | $108 |
LMSBX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | 0.00% |
| 3 years (annualised) | −2.83% |
| 5 years (annualised) | −0.73% |
LMSBX Annual Returns
Calendar-year total returns of Federated Hermes Municipal Bond Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | 0.00% |
| 2023 | +3.25% |
| 2022 | −11.54% |
| 2021 | +1.31% |
| 2020 | +3.85% |
| 2019 (Jul–Dec) | +1.92% |
LMSBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| 2023 | +3.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2022 | −2.5% | −0.8% | −3.1% | −3.1% | +0.5% | −2.1% | +3.0% | −2.9% | −4.4% | −1.3% | +5.2% | −0.3% |
| 2021 | +0.8% | −1.8% | +0.7% | +0.9% | +0.6% | +0.4% | +0.7% | −0.4% | −0.9% | −0.4% | +0.8% | +0.1% |
| 2020 | +1.8% | +1.4% | −4.8% | −2.1% | +3.2% | +1.0% | +1.7% | −0.3% | −0.1% | −0.3% | +1.7% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.8% | −0.9% | 0.0% | +0.1% | +0.3% |
LMSBX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 6.01%
- 3-year Sharpe ratio: -1.22 (vs 4.5% risk-free rate)
- Best month: +5.17% (Nov 2022)
- Worst month: −4.38% (Sep 2022)
LMSBX Fund Flows
Monthly money in and out of Federated Hermes Municipal Bond Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: −$17.8M
- 12-month gross sales (incl. reinvestments): $26.9M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.0M | $2.8M | −$798K |
| May 2026 | $1.8M | $3.7M | −$1.8M |
| Apr 2026 | $1.5M | $2.7M | −$1.2M |
| Mar 2026 | $3.7M | $1.9M | $1.8M |
| Feb 2026 | $1.0M | $3.0M | −$1.9M |
| Jan 2026 | $2.1M | $4.1M | −$1.9M |
| Dec 2025 | $2.4M | $6.1M | −$3.7M |
| Nov 2025 | $2.8M | $3.7M | −$825K |
| Oct 2025 | $2.2M | $3.9M | −$1.7M |
| Sep 2025 | $2.3M | $4.1M | −$1.8M |
| Aug 2025 | $2.6M | $4.1M | −$1.5M |
| Jul 2025 | $2.4M | $4.8M | −$2.4M |
LMSBX Assets Under Management
Net assets of Federated Hermes Municipal Bond Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $210.07M |
| 2026-03-31 | $210.25M |
| 2025-12-31 | $213.91M |
| 2025-09-30 | $218.67M |
| 2025-06-30 | $219.95M |
| 2025-03-31 | $230.56M |
| 2024-12-31 | $242.08M |
| 2024-09-30 | $251.41M |
| 2024-06-30 | $252.14M |
| 2024-03-31 | $257.16M |
| 2023-12-31 | $259.94M |
| 2023-09-30 | $235.74M |
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.