Federated Municipal Competition

FHTFX Fund  USD 7.94  0.01  0.13%   
The fund is listed under the High Yield Muni category and is part of the Federated family. Federated Municipal High shares competitive overlap with GOLDMAN SACHS, SDIT SHORT, and Lord Abbett and similar firms. Asset turnover for Federated Municipal compared to competitors shows how effectively each firm uses its balance sheet.

Pair Correlation for Federated Municipal and SEI Daily Snapshot

Moving together with Federated Mutual Fund

  0.62SBFIX Federated GlobalPairCorr
  0.9STFSX Federated StrategicPairCorr
  0.91STIAX Federated StrategicPairCorr

Moving Against Federated Mutual Fund

  0.44FRSAX Federated Floating RatePairCorr
Specify up to 10 symbols:
Mean reversion is the tendency of Federated Municipal's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing Federated Municipal's price extremes to fundamental value.
Hype
Prediction
LowEstimatedHigh
7.777.948.11
Details
Intrinsic
Valuation
LowRealHigh
7.797.968.13
Details
Naive
Forecast
LowNextHigh
7.767.938.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.938.038.13
Details
Competitive analysis for Federated Municipal compares its financial performance and valuation against sector peers. This relative perspective often changes investment conclusions drawn from standalone analysis.

Federated Municipal Competition Correlation Matrix

Reviewing how Federated Municipal High moves relative to competing funds can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.

High positive correlations

TCSGXGGTPX
FRQXXGGTPX
LWPXXGGTPX
LCCXXGGTPX
FGEXXGGTPX
TCGXXGGTPX
  

High negative correlations

TCGXXFGEXX
TCGXXLCCXX
FGEXXLCCXX
TCGXXTCSGX
FGEXXTCSGX
LCCXXTCSGX

Risk-Adjusted Indicators

Headline performance for Federated Mutual Fund may not fully reflect how the business compares across its competitive set. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

Federated Municipal Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FHTFX GGTPX FRQXX LWPXX TCSGX LCCXX FGEXX TCGXX
 0.13 
7.94
Federated
 0.00 
13.30
GOLDMAN
 0.00 
1.00
Franklin
 0.00 
1.00
Legg
 0.29 
10.16
SDIT
 0.00 
1.00
Lord
 0.00 
1.00
Fidelity
 0.00 
1.00
SEI
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Analysis
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cash Position Weight
Three Year Return
Net Asset
Annual Yield
Five Year Return
Year To Date Return
One Year Return
Last Dividend Paid
Bond Positions Weight
Ten Year Return
Day Typical Price
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Federated Municipal Competition Peer Performance Charts

How to Analyze Federated Municipal Against Peers

Federated Municipal's peer analysis compares Federated Municipal with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether Federated Municipal trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where Federated Municipal leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Federated Municipal has a wider economic moat score than the average competitor, based on return spread and reinvestment patterns. All values are based on available data and provided as reference information. Comparing peers across Federated Funds, Large Funds, High Yield Muni Funds can help separate structural strengths from temporary momentum.

Federated Municipal High metrics are compiled from fund disclosures and market reference feeds and normalized before display. Not all fields update in real time.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 24th, 2026