Business Description
Federated Hermes Premier Municipal Income Fund
NAICS : 523999
SIC : 6726
ISIN : US31423P1084
Share Class Description:
FMN: CE with IsEquityFundamentalDataAvailable = 1 in GidDescription
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 by investing in long-term, tax exempt municipal bonds diversified among states, sectors and issuers.. Its portfolio of investments comprises different sectors such as hospitals, toll road, senior care, airport, tobacco, and other sectors.
Financial Strength
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | No Debt | |||||
| Equity-to-Asset | 0.6 | |||||
| Debt-to-EBITDA | N/A |
N/A
|
N/A
| |||
| Interest Coverage | N/A |
N/A
|
N/A
| |||
| Piotroski F-Score | 7/9 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -23.5 | |||||
| 3-Year EPS without NRI Growth Rate | -23.9 | |||||
| 3-Year FCF Growth Rate | -8.1 | |||||
| 3-Year Book Growth Rate | -7.7 |
Momentum Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 40.42 | |||||
| 9-Day RSI | 39.38 | |||||
| 14-Day RSI | 41.11 | |||||
| 6-1 Month Momentum % | 18.64 | |||||
| 12-1 Month Momentum % | 4.6 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History |
|---|
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.89 | |||||
| Dividend Payout Ratio | 1.36 | |||||
| 3-Year Dividend Growth Rate | -9.8 | |||||
| Forward Dividend Yield % | 3.83 | |||||
| 5-Year Yield-on-Cost % | 2.78 | |||||
| Shareholder Yield % | 3.9 |
Profitability Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Net Margin % | 96.56 | |||||
| FCF Margin % | 136.97 | |||||
| ROE % | 2.61 | |||||
| ROA % | 1.58 | |||||
| Years of Profitability over Past 10-Year | 6 |
GF Value Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 33.41 | |||||
| PE Ratio without NRI | 33.41 | |||||
| PS Ratio | 32.06 | |||||
| PB Ratio | 0.9 | |||||
| Price-to-Tangible-Book | 0.9 | |||||
| Price-to-Free-Cash-Flow | 23.53 | |||||
| Price-to-Operating-Cash-Flow | 23.53 | |||||
| EV-to-Revenue | 33.26 | |||||
| EV-to-FCF | 24.12 | |||||
| Price-to-Graham-Number | 1.16 | |||||
| FCF Yield % | 4.12 | |||||
| Forward Rate of Return (Yacktman) % | 4.79 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Peter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Federated Hermes Premier Municipal Income Fund Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 3.809 | ||
| EPS (TTM) ($) | 0.33 | ||
| Beta | -0.14 | ||
| Volatility % | 17.82 | ||
| 14-Day RSI | 41.11 | ||
| 14-Day ATR ($) | 0.068923 | ||
| 20-Day SMA ($) | 11.00327 | ||
| 12-1 Month Momentum % | 4.6 | ||
| 52-Week Range ($) | 9.085 - 11.305 | ||
| Shares Outstanding (Mil) | 11.5 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Federated Hermes Premier Municipal Income Fund Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Federated Hermes Premier Municipal Income Fund Stock Events
| Event | Date | Price($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Federated Hermes Premier Municipal Income Fund Frequently Asked Questions
What is Federated Hermes Premier Municipal Income Fund(FMN)'s stock price today?
The current price of FMN is $11.03. The 52 week high of FMN is $11.31 and 52 week low is $9.09.
When is next earnings date of Federated Hermes Premier Municipal Income Fund(FMN)?
The next earnings date of Federated Hermes Premier Municipal Income Fund(FMN) is 2024-08-02 Est..
Does Federated Hermes Premier Municipal Income Fund(FMN) pay dividends? If so, how much?
The Dividend Yield %  of Federated Hermes Premier Municipal Income Fund(FMN) is 3.89% (As of Today), Highest Dividend Payout Ratio of Federated Hermes Premier Municipal Income Fund(FMN) was 1.36. The lowest was 0.38. And the median was 0.8. The  Forward Dividend Yield % of Federated Hermes Premier Municipal Income Fund(FMN) is 3.83%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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