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Average Annual Total Returns - Federated Hermes Municipal Ultrashort Fund
A
1 Year
A
5 Years
A
10 Years
IS
1 Year
IS
5 Years
IS
10 Years
IS
Return After Taxes on Distributions
1 Year
IS
Return After Taxes on Distributions
5 Years
IS
Return After Taxes on Distributions
10 Years
IS
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
IS
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
IS
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
R6
1 Year
R6
5 Years
R6
10 Years
Bloomberg 1-Year US Municipal Bond Index(reflects no deduction for fees, expenses or taxes)
1 Year
Bloomberg 1-Year US Municipal Bond Index(reflects no deduction for fees, expenses or taxes)
5 Years
Bloomberg 1-Year US Municipal Bond Index(reflects no deduction for fees, expenses or taxes)
10 Years
Blended Index (reflects no deduction for fees, expenses or taxes)
1 Year
Blended Index (reflects no deduction for fees, expenses or taxes)
5 Years
Blended Index (reflects no deduction for fees, expenses or taxes)
10 Years
Lipper Short Municipal Debt Funds Average
1 Year
Lipper Short Municipal Debt Funds Average
5 Years
Lipper Short Municipal Debt Funds Average
10 Years
Total 1.06% 0.93% 0.66% 1.11% 1.32% 1.08% 1.11% 1.32% 1.08% 1.03% 1.29% 1.07% 1.13% 1.31% 1.07% 1.76% [1] 1.43% [1] 1.16% [1] 1.04% [2] 1.01% [2] 0.73% [2] 1.82% [3] 1.43% [3] 1.30% [3]
[1] The Bloomberg 1-Year US Municipal Bond Index is the one-year (1-2) component of the Bloomberg U.S. Municipal Bond Index. The Bloomberg USMunicipal Bond Index covers the USD-denominated long-term tax-exempt bond market. The index has four main sectors: state and local general obligation bonds, revenue bonds, insured bonds and prerefunded bonds. Effective August 24, 2021, the name of the index changed from “Bloomberg Barclays 1-Year US Municipal Bond Index” to “Bloomberg 1-Year US Municipal Bond Index.”
[2] Blended Index consists of 50% Bloomberg 1-Year US Municipal Bond Index and 50% Lipper Tax-Exempt Money Market Funds Average.
[3] Lipper figures represent the average of the total returns reported by all the mutual funds designated by Lipper, Inc. as falling into the respective categories indicated.