Federated Municipal High Yield Advantage Fund (IS) FMYIX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income High Yield Municipal
As of 10-31-2015


  • 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


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 Category & Style

disclosures »
Category High Yield Muni