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Federated Hermes Premier Municipal Income Fund(NYSE) FMN

Market Cap$80.61MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2002)+166%
5 Year-13%
1 Year-3%
1 Month+1%
$10.31
-0.72%
-0.07Today
Federated Hermes Premier Municipal Income Fund last closing stock price
MetricPriceDate
Last closeUSD 10.312026-10-23
Federated Hermes Premier Municipal Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.15%USD 10.332026-10-16
1 month+0.92%USD 10.222026-09-23
3 month-6.1%USD 10.982026-07-24
Year to date-3.32%USD 10.662025-12-31
1 year-2.8%USD 10.612025-10-23
3 year+27.44%USD 8.092023-10-24
5 year-12.53%USD 11.792021-10-22
Since inception+165.95%USD 3.882002-12-20

Federated Hermes Premier Municipal Income Fund Financials at a Glance

Market Cap

$80.61MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$15.76M

Net Income (TTM)

$10.74M

EPS (TTM)

$1.14

P/E Ratio

9.03

Dividend

$0.59

Beta (Volatility)

0.17 (Low)

Price

$10.31

Volume

17,281.006

Open

$10.41

Previous Close

$10.31

Daily Range

$10.28 - $10.46

52-Week Range

$9.77 - $11.76

Estimated Earnings Date

Apr 7, 2026

FMN News

No articles available.

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About Federated Hermes Premier Municipal Income Fund

Federated Hermes Premier Municipal Income Fund is a closed-ended fixed income mutual fund managed by Federated Investment Management Company. The fund primarily invests in tax-exempt municipal bonds across various sectors in the United States.

Products and Services
  • Investment in tax-exempt municipal bonds
  • Focus on diverse sectors including education and transportation
  • Benchmarking against the S&P Municipal Bond Index
Growth Outlook
  • Recent quarterly revenue of $3.89 million shows strong performance
  • Trailing twelve months (TTM) net income of $1.67 million indicates profitability
  • Dividend yield of 5.42% reflects attractive income potential for investors
Financial Highlights
  • Quarterly revenue increased from $3.06 million to $3.89 million
  • TTM net profit margin stands at 1.28%, showcasing operational efficiency
  • Current market capitalization is approximately $77.87 million
The Federated Hermes Premier Municipal Income Fund offers a strategic investment opportunity in the municipal bond market, focusing on tax-exempt securities. The fund's recent performance highlights its ability to generate revenue and maintain profitability, making it an appealing option for investors seeking income through dividends. The fund's diverse investment strategy across various sectors further enhances its potential for growth, while its competitive dividend yield positions it favorably in the market.
AI Generated • Oct 3, 2026

Industry

Capital Markets

Sector

Financials

Headquarters

Pittsburgh, PA 15222, US

FMN Financials

Key Financial Metrics (TTM)

Gross Margin

90.44%

Operating Margin

42.59%

Net Income Margin

128.42%

Return on Equity

9.14%

Return on Capital

2.13%

Return on Assets

5.71%

Earnings Yield

11.07%

Dividend Yield

5.67%

Payout Ratio

46.88%

Stock Overview

Market Cap

$80.61MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

7.82M

Volume

17.28K

Avg. Volume

34.47K

Financials (TTM)

Gross Profit

$15.09M

Operating Income

$10.62M

EBITDA

$19.00M

Operating Cash Flow

$74.99M

Capital Expenditure

-$4.00

Free Cash Flow

$74.99M

Cash & ST Invst.

$1.66M

Total Debt

$57.35M

Federated Hermes Premier Municipal Income Fund Performance Analysis

Federated Hermes Premier Municipal Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-11-30USD -2,056,571N/A
20232023-11-30USD 5,803,144N/A
20242024-11-30USD 9,941,80971.3%
20252025-11-30USD 5,543,022-44.2%
Federated Hermes Premier Municipal Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-11-30-8.6%
Q22025-05-30-21.7%
Q42025-11-30-21.0%
Q22026-05-3127.3%
Federated Hermes Premier Municipal Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-11-30USD -2.75N/A
20232023-11-30USD 0.32N/A
20242024-11-30USD 1.53379.8%
20252025-11-30USD 0.12-92.3%
Federated Hermes Premier Municipal Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-11-30205.9%
Q22025-05-30-176.9%
Q42025-11-30216.2%
Q22026-05-31-77.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$3.89M

-28.0%

Gross Profit

$3.52M

-34.8%

Gross Margin

90.53%

N/A

Market Cap

$80.61MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

$1.67M

-56.7%

EBITDA

$2.83M

-39.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$1.66M

+1622.9%

Total Debt

$57.35M

-35.3%

Accounts Receivable

$2.19M

-36.0%

Inventory

$0.00

N/A

Long Term Debt

$57.35M

-35.3%

Short Term Debt

$0.00

N/A

Return on Assets

5.71%

N/A

Return on Invested Capital

1.89%

N/A

Free Cash Flow

$3.17M

+31.1%

Operating Cash Flow

$3.17M

+31.1%

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Questions About FMN

What is the current price of Federated Hermes Premier Municipal Income Fund?

Federated Hermes Premier Municipal Income Fund is trading at $10.31 per share.

What is the 52-week range for Federated Hermes Premier Municipal Income Fund?

Over the past 52 weeks, Federated Hermes Premier Municipal Income Fund has traded between $9.77 and $11.76.

How much debt does Federated Hermes Premier Municipal Income Fund have?

As of the most recent reporting period, Federated Hermes Premier Municipal Income Fund reported total debt of $67.35M.

How much cash does Federated Hermes Premier Municipal Income Fund have on hand?

Federated Hermes Premier Municipal Income Fund reported $60.99K in cash and cash equivalents in its most recent financial results.

What is Federated Hermes Premier Municipal Income Fund’s dividend yield?

Federated Hermes Premier Municipal Income Fund currently has a dividend yield of 5.67%.

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