OMIIX Performance — Federated Hermes Ohio Municipal Income Fund, Institutional Shares
Data updated: 2026-07-27
OMIIX returned +1.52% year to date and +6.84% over one year to May 2026. Annualised returns are +3.67% over 3 years and +0.81% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $111, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 5.67% a year. In the 12 months to May 2026 the fund lost a net $4.2M, and assets reached $71.58M.
OMIIX Growth of $100
What $100 invested in Federated Hermes Ohio Municipal Income Fund 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 | OMIIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $111 | $112 |
| 5 years (Jun 2021 – May 2026) | $104 | $103 |
| Since data start (Mar 2020 – May 2026) | $110 | $106 |
OMIIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.52% |
| 1 year | +6.84% |
| 3 years (annualised) | +3.67% |
| 5 years (annualised) | +0.81% |
OMIIX Annual Returns
Calendar-year total returns of Federated Hermes Ohio Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.52% |
| 2025 | +3.43% |
| 2024 | +1.63% |
| 2023 | +5.97% |
| 2022 | −8.52% |
| 2021 | +1.71% |
| 2020 (Mar–Dec) | +4.60% |
OMIIX 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 | +0.5% | +1.4% | −2.0% | +1.2% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.9% | −0.9% | −0.3% | +0.8% | −0.6% | +0.8% | +2.6% | +1.1% | +0.4% | +0.1% |
| 2024 | −0.1% | +0.1% | +0.1% | −1.0% | −0.3% | +1.7% | +0.7% | +0.7% | +1.1% | −1.4% | +1.5% | −1.5% |
| 2023 | +2.9% | −2.3% | +1.8% | −0.1% | −0.8% | +0.9% | +0.2% | −1.2% | −2.9% | −1.5% | +6.4% | +2.7% |
| 2022 | −2.3% | −0.4% | −2.4% | −2.4% | +0.7% | −1.7% | +2.4% | −2.1% | −3.7% | −0.6% | +4.1% | −0.2% |
| 2021 | +0.5% | −1.4% | +0.6% | +0.7% | +0.5% | +0.3% | +0.6% | −0.2% | −0.7% | −0.1% | +0.6% | +0.1% |
| 2020 | — | — | 0.0% | −1.4% | +2.6% | +0.8% | +1.4% | −0.3% | +0.1% | −0.2% | +1.1% | +0.5% |
OMIIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.67%
- 3-year Sharpe ratio: -0.15 (vs 4.5% risk-free rate)
- Best month: +6.38% (Nov 2023)
- Worst month: −2.92% (Sep 2023)
OMIIX Fund Flows
Monthly money in and out of Federated Hermes Ohio Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.2M
- 12-month gross sales (incl. reinvestments): $13.1M
- Sales ÷ redemptions: 0.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.3M | $1.5M | −$254K |
| Apr 2026 | $1.4M | $1.4M | −$62K |
| Mar 2026 | $781K | $940K | −$159K |
| Feb 2026 | $961K | $514K | $447K |
| Jan 2026 | $1.2M | $1.0M | $157K |
| Dec 2025 | $1.1M | $4.2M | −$3.1M |
| Nov 2025 | $786K | $1.0M | −$244K |
| Oct 2025 | $846K | $1.4M | −$517K |
| Sep 2025 | $1.2M | $1.6M | −$411K |
| Aug 2025 | $2.1M | $935K | $1.2M |
| Jul 2025 | $925K | $1.3M | −$328K |
| Jun 2025 | $618K | $1.4M | −$827K |
OMIIX Assets Under Management
Net assets of Federated Hermes Ohio Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $71.58M |
| 2026-02-28 | $72.95M |
| 2025-11-30 | $74.75M |
| 2025-08-31 | $73.46M |
| 2025-05-31 | $73.43M |
| 2025-02-28 | $80.19M |
| 2024-11-30 | $81.13M |
| 2024-08-31 | $81.58M |
| 2024-05-31 | $78.54M |
| 2024-02-29 | $83.07M |
| 2023-11-30 | $89.89M |
| 2023-08-31 | $94.98M |
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.