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 IS MF is 1.32T. 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 IS MF was -8%. For the same stocks of the MF, the average monthly volume growth was 26% and the average quarterly volume growth was -7%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 58
Price Growth Rating: 46
SMR Rating: 30
Profit Risk Rating: 21
Seasonality Score: -51 (-100 ... +100)