Federated Hermes Ohio Municipal Income Fund Inst (OMIIX)
10.33
0.00 (0.00%)
USD |
Dec 19 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.52% | 72.53M | -- | 30.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -7.377M | 3.94% | Upgrade | Upgrade |
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:
42
-7.958M
Peer Group Low
15.64M
Peer Group High
1 Year
% Rank:
36
-7.377M
-111.53M
Peer Group Low
73.02M
Peer Group High
3 Months
% Rank:
36
-26.96M
Peer Group Low
19.56M
Peer Group High
3 Years
% Rank:
42
-422.86M
Peer Group Low
4.158M
Peer Group High
6 Months
% Rank:
36
-56.67M
Peer Group Low
29.25M
Peer Group High
5 Years
% Rank:
36
-676.42M
Peer Group Low
12.16M
Peer Group High
YTD
% Rank:
36
-92.45M
Peer Group Low
85.11M
Peer Group High
10 Years
% Rank:
42
-806.97M
Peer Group Low
225.78M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 21, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.37% |
| Stock | 0.00% |
| Bond | 98.63% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| HAMILTON CNTY OHIO STUDENT HSG REV OH 3.340 08/01/2036 | 3.28% | -- | -- |
| COLUMBUS OHIO CITY SCH DIST OH 5.000 12/01/2047 | 2.68% | -- | -- |
| WESTERVILLE OHIO OH 5.000 12/01/2037 | 2.23% | -- | -- |
| OHIO ST OH 5.000 03/01/2040 | 2.13% | -- | -- |
| OLENTANGY LOC SCH DIST OHIO OH 12/01/2030 (Called) | 2.01% | -- | -- |
| OHIO ST ADULT CORRECTIONAL CAP FACS OH 5.000 10/01/2035 | 2.01% | -- | -- |
| AMERICAN MUN PWR OHIO INC REV OH 4.000 02/15/2039 | 1.98% | 100.15 | 0.00% |
| CLEVELAND OHIO WTR POLLUTION CTL REV OH 5.000 11/15/2054 | 1.87% | -- | -- |
| OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV OH 5.000 12/01/2046 | 1.76% | 105.18 | -0.00% |
| COLUMBUS OHIO REGL ARPT AUTH REV OH 5.250 01/01/2041 | 1.71% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.05% |
| Administration Fee | 17.75K% |
| 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 |
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 (12-18-25) | 3.24% |
| 30-Day SEC Yield (11-30-25) | 3.44% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 107 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.06% |
| Effective Duration | 8.10 |
| Average Coupon | 4.64% |
| Calculated Average Quality | 2.347 |
| Effective Maturity | 11.71 |
| Nominal Maturity | 17.09 |
| Number of Bond Holdings | 106 |
As of September 30, 2025
Fund Details
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. |