Federated Hermes Premier Municipal Income Fund (FMN) has a MoatMap StockRank of 49/100 based on Quality (55/100), Value (30/100), and Momentum (50/100) factor scores. The current signal is HOLD. Federated Hermes Premier is a closed-end municipal bond fund. It is not an operating business and does not fit our mandate of concentrated, high-conviction global equity compounders.
Federated Hermes Premier Municipal Income Fund is a closed-end fund that seeks to provide high current income exempt from federal income tax. The fund invests primarily in long-term, investment-grade municipal bonds across various states and sectors. It leverages Federated Hermes' extensive credit research capabilities to identify undervalued municipal issues and manage interest rate risk.
| Price | $11.19 |
| Market Cap | $88M |
| P/E (TTM) | 93.22 |
| Price/Book | 0.89 |
| Return on Equity | 0.9% |
| Debt/Equity | 68.87 |
| Gross Margin | 100.0% |
| Operating Margin | 87.9% |
| Revenue Growth | -22.3% |
| Dividend Yield | 4.8% |
| Free Cash Flow | $2M |
Federated Hermes Premier Municipal Income Fund operates in the Asset Management industry, part of the Financial Services sector (United States).