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FMN (Federated Hermes Premier Municipalome Fund) Revenue : $5.49 Mil (TTM As of May. 2024)


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What is Federated Hermes Premier Municipalome Fund Revenue?

Federated Hermes Premier Municipalome Fund's revenue for the six months ended in May. 2024 was $3.94 Mil. Its revenue for the trailing twelve months (TTM) ended in May. 2024 was $5.49 Mil. Federated Hermes Premier Municipalome Fund's Revenue per Share for the six months ended in May. 2024 was $0.34. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.47.

Warning Sign:

Federated Hermes Premier Municipal Income Fund revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -23.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, Federated Hermes Premier Municipalome Fund's highest 3-Year average Revenue per Share Growth Rate was 225.10% per year. The lowest was -23.50% per year. And the median was 6.70% per year.


Federated Hermes Premier Municipalome Fund Revenue Historical Data

The historical data trend for Federated Hermes Premier Municipalome Fund's Revenue 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.

* Premium members only.

Federated Hermes Premier Municipalome Fund Revenue Chart

Federated Hermes Premier Municipalome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Revenue
Get a 7-Day Free Trial 19.70 8.82 9.38 -31.52 3.81

Federated Hermes Premier Municipalome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.10 -7.42 2.26 1.55 3.94

Competitive Comparison of Federated Hermes Premier Municipalome Fund's Revenue

For the Asset Management subindustry, Federated Hermes Premier Municipalome Fund's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Asset Management Industry

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

* The bar in red indicates where Federated Hermes Premier Municipalome Fund's Revenue falls into.



Federated Hermes Premier Municipalome Fund Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $5.49 Mil.

* 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  (NYSE:FMN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Federated Hermes Premier Municipalome Fund Revenue Related Terms

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


Federated Hermes Premier Municipalome Fund Business Description

Traded in Other Exchanges
N/A
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.
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