Federated Short-Intermediate Duration Municipal Trust Institutional Shares (FSHIX)

10.33
Net Asset Value
-0.10%
1 Day
+1.47%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.81%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide dividend income which is exempt from 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. It will invest at least a majority of its assets in securities rated investment-grade (or unrated securities of comparable quality), and may purchase securities rated below investment-grade (or unrated securities of comparable quality), which are also known as junk bonds, up to 49% of its assets.

Performance

1 month+0.15% 3 years+1.77%
3 months+0.63% 5 years+1.36%
1 year+3.60% Since inception+3.97%
Data through --

Peer Comparisonvs. Muni national short

 FSHIXCategory
Performance 5-yr return+1.36%+1.21%
Expense ratio0.81%0.64%
Risk 5 year sharpe ratio0.330.00
Net assets$773.6M$2.0B
Average market cap--$528.9M
Average P/E--60.0
Portfolio turnover39%39%

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Fund Management and Purchase Info

Fund familyFederated
Fund manager & tenureJeff Kozemchak / 23 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income97.22%
Cash2.78%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.35%
-- 1.87%
-- 1.59%
-- 1.46%
-- 1.29%
-- 1.27%
-- 1.26%
-- 1.26%
-- 1.25%
-- 1.25%