Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) 5-Year Yield-on-Cost %

: 2.79 (As of Today)

View and export this data going back to 2002. Start your Free Trial

Federated Hermes Premier Municipalome Fund's yield on cost for the quarter that ended in Nov. 2023 was 2.79.

The historical rank and industry rank for Federated Hermes Premier Municipalome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

FMN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.69 Med: 3.62 Max: 4.75
Current: 2.79

During the past 7 years, Federated Hermes Premier Municipalome Fund's highest Yield on Cost was 4.75. The lowest was 2.69. And the median was 3.62.

FMN's 5-Year Yield-on-Cost % is ranked worse than
79.44% of 1216 companies
in the Asset Management industry
Industry Median: 6.08 vs FMN: 2.79

Competitive Comparison

For the Asset Management subindustry, Federated Hermes Premier Municipalome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Federated Hermes Premier Municipalome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Federated Hermes Premier Municipalome Fund's 5-Year Yield-on-Cost % falls into.

Federated Hermes Premier Municipalome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Federated Hermes Premier Municipalome Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Federated Hermes Premier Municipalome Fund (NYSE:FMN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Federated Hermes Premier Municipalome Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Federated Hermes Premier Municipalome Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Premier Municipal Income Fund (NYSE:FMN) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4000 Ericsson Drive, Warrendale, PA, USA, 15086-7561

Website

https://www.federatedinvestors.com

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.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Christopher Donahue	director, officer: Trustee and President	5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Banc Of America Preferred Funding Corp	10 percent owner	214 NORTH TRYON STREET, CHARLOTTE NC 28255
Christopher Herkins	other: Senior Trader	1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Duwayne Walker	other: Portfolio Manager	1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Madelyn A Reilly	director	C/O 1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Gallagher James J. Ii	other: Director, Fed. Inv. Mgmt Co.	500 DELAWARE AVENUE, SUITE 1500, WILMINGTON DE 19801
Patrick Benacci	other: Senior Trader	1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
G. Thomas Hough	director	P.O. BOX 407, LAKELAND FL 33802
Meter Stephen Van	officer: Chief Compliance Officer	FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
John T Collins	director	THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109
P Jerome Richey	director	1800 WASHINGTON ROAD, PITTSBURGH PA 15421-1421
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036