FMN (Federated Hermes Premier Municipalome Fund) Liabilities-to-Assets : 0.38 (As of May. 2026)

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FMN Federated Hermes Premier Municipal Income Fund FMN
37 GF Score
Price $10.85
! 2 Warning Signs
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What is Federated Hermes Premier Municipalome Fund Liabilities-to-Assets?

Federated Hermes Premier Municipalome Fund FMN -1.27% 37 Liabilities-to-Assets is 0.38 as of May. 2026. GuruFocus rates FMN with a GF Score™ of 37/100. The stock has 2 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Federated Hermes Premier Municipalome Fund's Total Liabilities for the quarter that ended in May. 2026 was $58.96 Mil. Federated Hermes Premier Municipalome Fund's Total Assets for the quarter that ended in May. 2026 was $156.32 Mil. Therefore, Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 was 0.38.


Federated Hermes Premier Municipalome Fund  (NYSE:FMN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Federated Hermes Premier Municipalome Fund Liabilities-to-Assets Related Terms


Federated Hermes Premier Municipalome Fund Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets can be seen below:

* 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 Liabilities-to-Assets Chart

Federated Hermes Premier Municipalome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.40 0.39 0.40 0.40 0.41

Federated Hermes Premier Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.40 0.43 0.41 0.38

FMN vs RFM, GECC, VGI: Liabilities-to-Assets Comparison

For the Asset Management subindustry, Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets falls into.


FMN
37GF Score
Federated Hermes Premier Municipal Income Fund FMN
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Federated Hermes Premier Municipalome Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Liabilities-to-Assets (A: Nov. 2025 )=Total Liabilities/Total Assets
=68.047/165.839
=0.41

Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 is calculated as

Liabilities-to-Assets (Q: May. 2026 )=Total Liabilities/Total Assets
=58.962/156.318
=0.38

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.38 mean?
Federated Hermes Premier Municipalome Fund (FMN) has a Liabilities-to-Assets of 0.38 as of May. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Federated Hermes Premier Municipalome Fund and its competitors.
Is Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets too high?
Federated Hermes Premier Municipalome Fund's current Liabilities-to-Assets is 0.38. Overall, Federated Hermes Premier Municipalome Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets compare to RFM and GECC?
Federated Hermes Premier Municipalome Fund's Liabilities-to-Assets of 0.38 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Federated Hermes Premier Municipalome Fund and its competitors. Federated Hermes Premier Municipalome Fund's current Liabilities-to-Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federated Hermes Premier Municipalome Fund stock overvalued right now?
Federated Hermes Premier Municipalome Fund (FMN) has a current Liabilities-to-Assets of 0.38. The current Liabilities-to-Assets is 0.38. Federated Hermes Premier Municipalome Fund's overall GF Score™ is 37/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Federated Hermes Premier Municipalome Fund (FMN), the current Liabilities-to-Assets is 0.38 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Federated Hermes Premier Municipalome Fund Business Description

Address 4000 Ericsson Drive, Warrendale, PA, USA, 15086-7561
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.
37GF Score

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