Federated Hermes Ohio Municipal Income Fund Inst (OMIIX)
10.09
0.00 (0.00%)
USD |
Sep 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.52% | 69.52M | -- | 30.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -6.839M | 3.79% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from federal and Ohio state income taxes. The Fund pursues its objective by investing its assets so that distributions of annual interest income are exempt from federal regular income tax and the personal income taxes imposed by the state of Ohio and Ohio municipalities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Ohio Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ohio Municipal Debt Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
47
-8.378M
Peer Group Low
5.944M
Peer Group High
1 Year
% Rank:
29
-6.839M
-87.73M
Peer Group Low
137.29M
Peer Group High
3 Months
% Rank:
29
-19.69M
Peer Group Low
28.69M
Peer Group High
3 Years
% Rank:
41
-359.92M
Peer Group Low
154.90M
Peer Group High
6 Months
% Rank:
29
-31.12M
Peer Group Low
66.70M
Peer Group High
5 Years
% Rank:
35
-765.36M
Peer Group Low
-11.85M
Peer Group High
YTD
% Rank:
29
-42.99M
Peer Group Low
108.04M
Peer Group High
10 Years
% Rank:
41
-928.40M
Peer Group Low
225.93M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 05, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.04% |
| Stock | 0.00% |
| Bond | 98.96% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| OHIO ST SPL OBLIG OH 5.000 10/01/2045 | 3.01% | 104.80 | -0.07% |
| WESTERVILLE OHIO OH 5.000 12/01/2037 | 2.32% | 109.80 | -0.08% |
| AMERICAN MUN PWR OHIO INC REV OH 4.000 02/15/2039 | 2.09% | 94.87 | -0.09% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH OH 5.000 06/01/2055 | 2.01% | 76.00 | 0.01% |
| CLEVELAND OHIO WTR POLLUTION CTL REV OH 5.000 11/15/2054 | 1.94% | 100.65 | 0.00% |
| OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV OH 5.000 12/01/2046 | 1.85% | 102.55 | -0.05% |
| COLUMBUS OHIO REGL ARPT AUTH REV OH 5.250 01/01/2041 | 1.83% | 104.32 | -0.07% |
| OHIO ST HIGHER EDL FAC COMMN REV OH 2.250 01/01/2039 | 1.80% | 100.00 | 0.00% |
| OHIO ST OH 5.000 05/01/2032 | 1.71% | 101.09 | -0.02% |
| HAMILTON CNTY OHIO HOSP FACS REV OH 5.000 11/15/2041 | 1.62% | 109.27 | -0.10% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.05% |
| Administration Fee | 17753.00 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from federal and Ohio state income taxes. The Fund pursues its objective by investing its assets so that distributions of annual interest income are exempt from federal regular income tax and the personal income taxes imposed by the state of Ohio and Ohio municipalities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Ohio Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ohio Municipal Debt Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-4-26) | 3.61% |
| 30-Day SEC Yield (7-31-26) | 3.60% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 102 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.84% |
| Effective Duration | 6.40 |
| Average Coupon | 4.64% |
| Calculated Average Quality | 2.380 |
| Effective Maturity | 14.57 |
| Nominal Maturity | 18.60 |
| Number of Bond Holdings | 101 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 4/28/2020 |
| Last Annual Report Date | 8/31/2025 |
| Last Prospectus Date | 10/31/2025 |
| Share Classes | |
| OMIAX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:OMIIX", "name") |
| Broad Asset Class: =YCI("M:OMIIX", "broad_asset_class") |
| Broad Category: =YCI("M:OMIIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:OMIIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |