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FMUFX
Mutual Fund ticker: NASDAQ
AS OF
Dec 23 closing price
Price
$14.78
Change
+$0.04 (+0.27%)
Net Assets
1.39B

FMUFX Federated Hermes Muni and Stock Adv F Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Eli Lilly & Co (NYSE:LLY), JPMorgan Chase & Co (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM), Johnson & Johnson (NYSE:JNJ).

Industry description

The investment seeks to provide tax-advantaged income with a secondary objective of capital appreciation. The fund invests in a diversified portfolio that is allocated between tax-exempt securities and equity securities. In seeking to provide investors with a relatively high level of tax-advantaged income, it will invest at least 50% of its total assets in tax-exempt securities; under current federal tax law, this strategy will enable interest earned on tax-exempt securities to retain its tax-exempt nature when paid to the fund's shareholders as dividends.

Market Cap

The average market capitalization across the Federated Hermes Muni and Stock Adv F MF is 1.36T. The market cap for tickers in the group ranges from 18.04B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is CNP at 18.04B.

Volume

The average weekly volume growth across all stocks in the Federated Hermes Muni and Stock Adv F MF was -32%. For the same stocks of the MF, the average monthly volume growth was -18% and the average quarterly volume growth was -29%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 55
Price Growth Rating: 39
SMR Rating: 33
Profit Risk Rating: 18
Seasonality Score: 5 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderately Conservative Allocation
Address
Federated Hermes Income Securities Trust5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FMUFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FMUFX has been closely correlated with BKMIX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMUFX jumps, then BKMIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FMUFX
1D Price
Change %
FMUFX100%
+0.27%
BKMIX - FMUFX
89%
Closely correlated
+0.10%
HBLRX - FMUFX
85%
Closely correlated
N/A
BIICX - FMUFX
81%
Closely correlated
N/A
HBLYX - FMUFX
81%
Closely correlated
N/A
HBLSX - FMUFX
81%
Closely correlated
+0.07%
More