FMN Stock Overview
Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
My Notes
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Federated Hermes Premier Municipal Income Fund Competitors
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.47 |
| 52 Week High | US$12.50 |
| 52 Week Low | US$9.74 |
| Beta | 0.43 |
| 1 Month Change | -1.51% |
| 3 Month Change | 0.096% |
| 1 Year Change | -13.40% |
| 3 Year Change | -22.84% |
| 5 Year Change | -22.16% |
| Change since IPO | -30.43% |
Recent News & Updates
Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Feb 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jan 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Dec 12Recent updates
Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Feb 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jan 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Dec 12Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Oct 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Sep 12Federated Hermes declares $0.041 dividend
Aug 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jul 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jun 10Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
May 10Federated Hermes Premier Municipal Income Fund reports FY results
Feb 01Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jan 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Nov 10Shareholder Returns
| FMN | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 2.1% | 1.1% | 1.1% |
| 1Y | -13.4% | -6.1% | -0.09% |
Return vs Industry: FMN underperformed the US Capital Markets industry which returned -7.3% over the past year.
Return vs Market: FMN underperformed the US Market which returned -0.7% over the past year.
Price Volatility
| FMN volatility | |
|---|---|
| FMN Average Weekly Movement | 1.4% |
| Capital Markets Industry Average Movement | 0.8% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FMN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: FMN's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | John Donahue | https://www.federatedinvestors.com/FII/closedendfunds/details/overview.do?basketid=10461 |
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.
Federated Hermes Premier Municipal Income Fund Fundamentals Summary
| FMN fundamental statistics | |
|---|---|
| Market Cap | US$120.39m |
| Earnings (TTM) | -US$31.65m |
| Revenue (TTM) | US$9.42m |
12.8x
P/S Ratio-3.8x
P/E RatioIs FMN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMN income statement (TTM) | |
|---|---|
| Revenue | US$9.42m |
| Cost of Revenue | US$0 |
| Gross Profit | US$9.42m |
| Other Expenses | US$41.07m |
| Earnings | -US$31.65m |
Last Reported Earnings
Nov 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.75 |
| Gross Margin | 100.00% |
| Net Profit Margin | -335.99% |
| Debt/Equity Ratio | 62.5% |
How did FMN perform over the long term?
See historical performance and comparison