FMYIX : Federated Municipal High Yield Advantage Fund Class Institutional

FMYIX is a Bond Market Municipal Bond with MODERATE fees.

FMYIX

Federated Municipal High Yield Advantage Fund Class Institutional

FI Score

53 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

5 /10

Category Score

8 /10

Market Size

5 /10

53% FI Score
  • fmyix
  • Mutual Fund
  • Bond
  • Municipal Bond

Federated Municipal High Yield Advantage Fund Class Institutional

Expenses: 0.64% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

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. The fund is non-diversified.

Largest Holdings

Amount Holding
1.57% ILLINOIS ST 5%
1.11% TENDER OPT BD TR RCPTS / CTFS VAR STS 1.68%
1.10% PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
1.01% TENDER OPT BD TR RCPTS / CTFS VAR STS 1.67%
0.90% MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV 6%
0.83% TOBACCO SETTLEMENT FING CORP N J 5%
0.79% GREENEVILLE TENN HEALTH & EDL FACS BRD HOSP REV 5%
0.78% TOBACCO SETTLEMENT FING CORP VA 5%
0.76% MARICOPA CNTY ARIZ POLLUTION CTL CORP POLLUTION CTL REV 6.25%
0.75% INDIANA ST FIN AUTH REV 5.25%
0.73% ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV 5%
0.69% CHICAGO ILL BRD ED 7%
0.69% TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 5.5%
0.67% METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5%
0.67% FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 6%
0.66% SALT VERDE FINL CORP SR GAS REV ARIZ 5%
0.65% M-S-R ENERGY AUTH CALIF GAS REV 7%
0.63% DELAWARE ST HEALTH FACS AUTH REV 4%
0.61% NEW JERSEY ECONOMIC DEV AUTH REV 5.25%
0.59% PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.55%
0.59% CHICAGO ILL 5.5%
0.58% NEW JERSEY ECONOMIC DEV AUTH REV 5%
0.58% IDAHO HEALTH FACS AUTH REV 8.12%
0.58% ILLINOIS ST 5%
0.58% IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5.25%

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