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FMUSX Federated Hermes Municipal Ultrashort IS Forecast, Technical & Fundamental Analysis

The investment seeks to provide current income exempt from federal regular income tax... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide current income exempt from federal regular income tax. The fund will invest at least 65% of its assets in securities rated investment-grade without regard to the maturity of the securities and may purchase securities rated below investment-grade without regard to the maturity of the securities up to 35% of its assets. It will normally invest so that at least 80% of its net assets are in tax-exempt securities or at least 80% of its annual interest income is exempt from federal regular income tax.
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A.I. Advisor
published General Information

General Information

Category MuniNationalShort

Profile
Details
Category
Muni National Short
Address
Federated Fixed Income Securities Inc5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FMUSX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FMUSX has been closely correlated with FGNSX. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if FMUSX jumps, then FGNSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FMUSX
1D Price
Change %
FMUSX100%
N/A
FGNSX - FMUSX
78%
Closely correlated
N/A
MTLFX - FMUSX
64%
Loosely correlated
N/A
GDIRX - FMUSX
61%
Loosely correlated
N/A
GDUSX - FMUSX
59%
Loosely correlated
N/A
FLTEX - FMUSX
48%
Loosely correlated
N/A
More
Federated Hermes Municipal Ultrashort IS (FMUSX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com