FMUIX : Federated Muni and Stock Advantage Fund Institutional Shares

FMUIX is a Allocation Market All-In-One with MODERATE fees.

FMUIX

Federated Muni and Stock Advantage Fund Institutional Shares

FI Score

54 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

7 /10

Category Score

5 /10

Market Size

7 /10

54% FI Score
  • fmuix
  • Mutual Fund
  • Allocation
  • All-In-One

Federated Muni and Stock Advantage Fund Institutional Shares

Expenses: 0.75% (Better than 1% of similar funds)

This is an OK choice for a All-In-One Allocation fund. See why ยป

Fund Summary

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 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.

Largest Holdings

Amount Holding
2.26% Microsoft Corp
1.66% Apple Inc
1.24% Amazon.com Inc
1.14% JPMorgan Chase & Co
1.02% Johnson & Johnson
0.99% Walmart Inc
0.96% Verizon Communications Inc
0.95% Comcast Corp Class A
0.95% AT&T Inc
0.88% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
0.87% Alphabet Inc A
0.87% UnitedHealth Group Inc
0.79% Bank of America Corp
0.77% Procter & Gamble Co
0.73% PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
0.72% NEW YORK N Y 5%
0.71% MINNESOTA ST 5%
0.70% VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV PUB HIGHER ED FING PROG 5%
0.69% MASSACHUSETTS ST DEV FIN AGY REV 5%
0.69% NVIDIA Corp
0.68% TOBACCO SETTLEMENT FING CORP N J 5%
0.65% CALIFORNIA HEALTH FACS FING AUTH REV 4%
0.64% WASHINGTON ST 5%
0.64% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.63% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 1%

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