What is Federated Hermes Premier Municipalome Fund Total Payout Yield %?
Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Federated Hermes Premier Municipalome Fund Total Payout Yield % Chart
Federated Hermes Premier Municipalome Fund Annual Data
Competitive Comparison of Federated Hermes Premier Municipalome Fund's Total Payout Yield %
For the Asset Management subindustry, Federated Hermes Premier Municipalome Fund's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Federated Hermes Premier Municipalome Fund's Total Payout Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Federated Hermes Premier Municipalome Fund's Total Payout Yield % distribution charts can be found below:
* The bar in red indicates where Federated Hermes Premier Municipalome Fund's Total Payout Yield % falls into.
Federated Hermes Premier Municipalome Fund Total Payout Yield % Calculation
Total Payout Yield % is a measure of shareholder return.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Federated Hermes Premier Municipalome Fund Total Payout Yield % Explanation
Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.
Federated Hermes Premier Municipalome Fund Total Payout Yield % Related Terms
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Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Business Description
Federated Hermes Premier Municipal Income Fund is a United States-based diversified, closed-end management investment company. The investment objective of the fund is to provide current income exempt from federal income tax, including the federal alternative minimum tax. Its portfolio of investments comprises different sectors such as hospitals, toll road, senior care, airport, tobacco, and other sectors.
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