NYSE · Asset Management · USD

Federated Hermes Premier Municipal Income Fund (FMN) Stock Analysis

Federated Hermes Premier Municipal Income Fund (FMN) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

FMN

$10.41

−$0.03 (−0.29%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FMN Key Statistics

As of Oct 21, 2026

Trading

Open: $10.52
Previous Close: $10.44
Day's Range: 10.35–10.48
52-Week Range: 9.77–11.76
Volume: 6.15K
Beta: 0.61

Valuation

Market Cap: $81.39M
P/S ratio: 10.56

Financials (FY)

Revenue (FY): $977.82K−91.95%
Net Income (FY): $928.37K−92.26%
Profit margin: 12.05%
Shares Outstanding: 7.82M
1-Year Return: −2.97%

Dividend and dates

Dividend: $0.54+5.17%
Ex-Dividend Date: October 23, 2026
Avg Volume: 35.14K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, FMN closed at $10.41, −2.97% over 1 year.

Federated Hermes Premier Municipal Income Fund (FMN) has a market capitalization of $81.39M.

In fiscal 2025, FMN reported revenue of $977.82K.

FMN Stock Return by Calendar Year

Federated Hermes Premier Municipal Income Fund (FMN) 10-year return: what $10,000 became

1 year: $10,000 $9,703; −2.97%
5 years: $10,000 $8,716; −12.84%
10 years: $10,000 $10,661; +6.61%

If you had invested $10,000 in Federated Hermes Premier Municipal Income Fund (FMN) 10 years ago, at the close on October 21, 2016, it would have been worth $10,661 at the close on October 21, 2026: +6.61% in total, +0.64% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+20.25%−26.70%−3.62%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−3.62%
2025	+6.78%
2024	+3.21%
2023	+9.23%
2022	−26.70%
2021	+5.96%
2020	+9.78%
2019	+20.25%
2018	−7.94%
2017	+5.77%
2016 (partial year)	−12.82%

As of October 21, 2026.

FMN Revenue and Earnings by Fiscal Year

FY ends November

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$977.82K	$928.37K	94.9%
2024	$12.15M	$12.00M	98.8%
2023	$3.81M	$3.68M	96.6%
2022	−$31.52M	−$31.65M	100.4%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$977.82K	—	—	$928.37K	94.9%
2024	$12.15M	—	—	$12.00M	98.8%
2023	$3.81M	—	—	$3.68M	96.6%
2022	−$31.52M	—	—	−$31.65M	100.4%

Annual figures as reported, in the company's reporting currency. As of November 30, 2025.

FMN Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.52+16.3% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.36	8	—
2025	$0.52	12	+16.3%
2024	$0.44	12	−0.2%
2023	$0.44	12	−20.3%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.36	8	—
2025	$0.52	12	+16.3%
2024	$0.44	12	−0.2%
2023	$0.44	12	−20.3%
2022	$0.56	12	−14.0%
2021	$0.65	12	+5.2%
2020	$0.62	12	−0.6%
2019	$0.62	12	−9.2%
2018	$0.68	12	−6.7%
2017	$0.73	12	+458.8%
2016	$0.13	2	—

Most recent payment: $0.05 per share, ex-dividend August 21, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

FMN Valuation vs Asset Management Median

Median of 512 stocks

Metric	FMN	Asset Management median	vs median
P/S ratio	10.56	8.59	23% above
Profit margin	12.05%	74.97%	62.9 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Federated Hermes Premier Municipal Income Fund (FMN) is capitalised at $81.39M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The most recent close on file for FMN is $10.41, dated October 21, 2026. That is −$0.03 (−0.29%) against the previous close. The 52-week range on file runs from $9.77 to $11.76. The latest close sits 6.55% above that 52-week low.

Financial Health

In fiscal 2025, Federated Hermes Premier Municipal Income Fund reported revenue of $977.82K. That is −91.95% against the prior fiscal year, when revenue was $12.15M. Net income for the same year was $928.37K. That is −92.26% against the prior fiscal year. The reported profit margin is 12.05%. That is 62.9 percentage points below the Asset Management median of 74.97%.

Across the 4 fiscal years on file, revenue moves from −$31.52M in 2022 to $977.82K in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

Measured against sales, the shares trade at 10.56 times revenue. On price-to-sales that is 22.93% above the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.61. Daily returns over the trailing 10 years annualize to a volatility of 13.18%. The trailing one-year total return is −2.97%. Across 10 years the annualized return works out at +0.64%.

Growth & Income

The trailing dividend yield is 5.17%. That is 3.7 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $0.54 a share a year. The ex-dividend date on file is October 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.36 a share. The year before, 2025, totalled $0.52 a share.

2026 is still running; the total return is −3.62% year to date. Across the complete calendar years on file, 2019 returned +20.25% and 2022 returned −26.70%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Federated Hermes Premier Municipal Income Fund (FMN) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Federated Hermes Premier Municipal Income Fund	FMN	$81.39M	—
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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 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 Hermes Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

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