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FMOAX Federated Hermes Municipal HY Adv A Forecast, Technical & Fundamental Analysis

The investment seeks to provide a high level of current income which is generally exempt from the federal regular income tax... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide a high level of current income which is generally exempt from the federal regular income tax. The fund pursues its objective by investing its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax (except when investing for "defensive" purposes). It invests at least a majority of its assets in a portfolio of: (1) long-term, tax-exempt securities; and (2) medium-quality or noninvestment-grade, tax-exempt securities.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Details
Category
High Yield Muni
Address
Federated Muni Securities Income Trust5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FMOAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FMOAX has been closely correlated with MMHEX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMOAX jumps, then MMHEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FMOAX
1D Price
Change %
FMOAX100%
N/A
MMHEX - FMOAX
96%
Closely correlated
-0.08%
CXHYX - FMOAX
93%
Closely correlated
N/A
MMHVX - FMOAX
93%
Closely correlated
-0.08%
PTYIX - FMOAX
93%
Closely correlated
N/A
NHMAX - FMOAX
93%
Closely correlated
N/A
More
Federated Hermes Municipal HY Adv A (FMOAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com