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Federated Hermes Premier Municipal Income Fund FMN

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Price alert · FMN

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10.50 USD +0.03 +0.29%

At close · Oct 30

10.50 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
10.40 × 100
Ask
10.53 × 1,700
10.48 Day range 10.55
9.83 52-week range 11.49
YTD
-5.49%
1 year
-5.41%
Open
10.50
Prev close
10.47
Mkt cap
82.10M
Vol
53.28K
Avg vol
35.40K
EPS
1.14
P/E
9.21
Div yield
4.38%
More statistics
Low
10.48
High
10.55
Forward P/E
0.00
Beta
0.55
Short ratio
0.42
Inst. own
38.31%
Dividend
0.48
Ex-div date
Dec 22, 2024
50-d avg
11.45
200-d avg
11.50
1y target
0.00

2Y chart

Chart tools
Interval
FMN two-year price chart9.7710.310.811.311.8Oct 24Mar 25Aug 25Jan 26Jun 26Oct 26

Key statistics

Market cap
125.10M
Enterprise value
214.40M
Trailing P/E
23.65
Forward P/E
0.00
PEG ratio
0.00
Price / sales
11.93
Price / book
0.88
EPS (TTM)
0.46
Beta
0.55
Dividend yield
4.38%
Payout ratio
91.30%
Profit margin
51.10%
Revenue (TTM)
10.49M
Revenue growth
3.20%
Free cash flow
2.73M
Total cash
96.57K
Total debt
88.59M
Return on equity
3.79%
Shares outstanding
11.50M
Short % of float
0.17%
50-day average
11.45
200-day average
11.50

Analyst view

Consensus: none

Price target (mean) 0.00

Next earnings

Consensus EPS estimate 0.00.

Earnings history

About Federated Hermes Premier Municipal Income Fund

Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

Sector
Financial Services
Industry
Asset Management
Country
United States

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Insider holders

FMN insider holders
InsiderRelationLatest transactionDateShares held
DONAHUE JOHN CHRISTOPHERPresidentSaleNov 1, 20236,630
DONAHUE THOMAS ROBERTUnknownSaleNov 6, 20240
SABA CAPITAL MANAGEMENT, L.P.Beneficial Owner of more than 10% of a Class of SecuritySaleOct 13, 20240

Institution ownership

FMN institution ownership
Holder% heldSharesValueReported
Saba Capital Management, L.P.14.36%1,650,92417.96MSep 29, 2024
Rivernorth Capital Management, LLC3.99%459,1915.00MSep 29, 2024
1607 Capital Partners, LLC2.76%317,3973.45MSep 29, 2024
SIT Investment Associates Inc2.31%265,4802.89MSep 29, 2024
Pathstone Holdings, LLC2.16%248,9162.71MSep 29, 2024
Alpine Global Management, LLC1.98%228,0002.48MSep 29, 2024

Fund ownership

FMN fund ownership
Holder% heldSharesValueReported
HC Capital Trust-The Intermediate Term Municipal Bond Portfolio1.16%133,1381.45MSep 29, 2024
Exchange Listed Fds Tr-Saba Closed-End Funds ETF1.09%125,0471.36MAug 30, 2024
AQR Funds-AQR Diversified Arbitrage Fd0.23%26,148284.49KSep 29, 2024
Saba Capital Income & Opportunities Fd0.14%15,998174.06KJul 30, 2024
Rydex Series Funds-Multi-Hedge Strategies Fund0.00%5505.98KSep 29, 2024
Rydex Variable Trust-Multi Hedge Strategies Fund0.00%3473.77KSep 29, 2024
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