Municipal High Yield Advantage Fund

Municipal High Yield Advantage Fund BMutual FundsMuni National

Overview

AT A GLANCE
Portfolio
Assets
$578.0 Million
YTD Return NAV
0.99%
Fixed Income
Structure slanted roof, round circl and five columns.
Gross
Expenses  †
1.80%
Net
Expenses  †
1.65%
STRATEGY

Seeks a high level of current income by investing its assets so that, normally, at least 80% of the income that it distributes will be exempt from federal regular income tax (except when investing for defensive purposes).

KEY FACTS
Key Facts - Part 1
Symbol Municipal High Yield Advantage Fund B
Benchmark Standard and Poor's Municipal Bond Index
Key Facts - Part 2
Fund Number(s)
170
CUSIP 313923856
Performance Incp. Date
MORNINGSTAR CATEGORY & STYLE
Category
High Yield Muni
Style
Morningstar Style Box
      High
      Medium
      Low
Ltd Mod Ext  
INVESTMENT GOALS Growth
Income
Tax Aware
MANAGERS
Lee Cunningham II
Vice President
Senior Portfolio Manager

joined Federated
23 years of experience
R.J. Gallo, CFA
Senior Vice President
Senior Portfolio Manager
Head of Municipal Bond Investment Group
Head of Duration Committee

joined Federated
24 years of experience

Performance

Characteristics

Commentary

Documents

Distributions and Taxes