Federated Municipal High Yield Advantage Fund (IS) FMYIX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income High Yield Municipal
As of 04-30-2015

Highlights

  • Pursues a high level of income exempt from federal regular income tax.
  • Invests at least a majority of its assets in a portfolio of: (1) long-term, tax-exempt securities; and (2) medium-quality or non-investment-grade, tax exempt securities.
  • Offers the opportunity for higher yields than are generally available from high-quality municipal bonds.

Key Investment Team


Facts

Symbol   FMYIX
Fund Number(s)   380
Newspaper Listing   MunHyAdIS
CUSIP   313923815
Benchmark   S&P Municipal Bond Index
Performance Inception Date   04-10-1987
Fiscal Year-End   8-31

Morningstar Ratings™

disclosures »
    Funds in Category
Overall 156
3 Year 156
5 Year 149
10 Year 95
Based on risk adjusted total return. The overall rating is derived from a weighted average of the fund’s three-, five-, and ten-year average annual returns, as applicable.

Morningstar Category & Style

disclosures »
Category High Yield Muni
Style