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Federated Hermes Premier Municipal Income Fund (FMN)

Financial Services | Asset Management | Pittsburgh, United States | NYSE
11.33 USD +0.05 (0.443%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 11.33
Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 3 p.m. EDT

FMN shows a relatively stable dividend yield of 4.83%, with consistent dividend payments over the past few years, indicating a reliable income stream for income-focused investors. However, the short-term price movement has been volatile, with recent prices hovering near the 52-week low. The negative earnings growth and revenue growth suggest underlying challenges in performance, which may affect long-term value. While the dividend is consistent, the fund's fundamentals and growth prospects appear weak, making it a moderate long-term investment. Short-term traders may consider the recent dip as a potential buying opportunity, but the lack of strong momentum and the overall bearish outlook suggest caution.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.013601
MSTL0.013747
AutoARIMA0.013763
AutoTheta0.014152

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 43%
H-stat 2.57
Ljung-Box p 0.000
Jarque-Bera p 0.018
Excess Kurtosis 0.07
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-22
Last Dividend Date 2026-03-22
Debt to Equity Ratio 68.87
Revenue per Share 0.986
Market Cap 88,585,880
Trailing P/E 94.42
Beta 0.64
Profit Margins 12.05%
Website https://www.federatedinvestors.com/FII/closedendfunds/details/overview.do?basketid=10461

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.41% 4.99% 4.62% 4.95%
Dividend History
Date Dividend Yield %
2026-03-23 0.045 0.413223
2026-02-23 0.045 0.400235
2026-01-23 0.045 0.410183
2025-12-23 0.045 0.413722
2025-11-21 0.045 0.412780
2025-10-23 0.045 0.412213
2025-09-23 0.045 0.418384
2025-08-22 0.045 0.433877
2025-07-23 0.045 0.443196
2025-06-23 0.045 0.437176
2025-05-23 0.040 0.395067
2025-04-23 0.040 0.401123
2025-03-21 0.040 0.383198
2025-02-21 0.040 0.373693
2025-01-23 0.040 0.382479
2024-12-23 0.040 0.390216
2024-11-22 0.038 0.364690
2024-10-23 0.038 0.347469
2024-09-23 0.038 0.328352
2024-08-23 0.038 0.345216
2024-07-23 0.038 0.356883
2024-06-21 0.038 0.360569
2024-05-22 0.035 0.336158
2024-04-22 0.035 0.347328
2024-03-21 0.035 0.345289
2024-02-22 0.035 0.343278
2024-01-22 0.035 0.353847
2023-12-21 0.035 0.353048
2023-11-21 0.035 0.381377
2023-10-20 0.035 0.421708
2023-09-21 0.035 0.393826
2023-08-22 0.035 0.385481
2023-07-20 0.035 0.367284
2023-06-22 0.035 0.372308
2023-05-22 0.039 0.421408
2023-04-20 0.039 0.414258
2023-03-22 0.039 0.422911
2023-02-22 0.041 0.445402
2023-01-20 0.041 0.428009
2022-12-22 0.041 0.450110
2022-11-22 0.041 0.447599
2022-10-20 0.041 0.471617
2022-09-22 0.041 0.454601
2022-08-22 0.041 0.418897
2022-07-21 0.041 0.424838
2022-06-22 0.041 0.449796
2022-05-20 0.054 0.571280
2022-04-21 0.054 0.538413
2022-03-22 0.054 0.504834
2022-02-22 0.054 0.486037
2022-01-20 0.054 0.466273
2021-12-22 0.054 0.421226
2021-11-22 0.054 0.436505
2021-10-21 0.054 0.444899
2021-09-22 0.054 0.428523
2021-08-20 0.054 0.411193
2021-07-22 0.054 0.432750
2021-06-22 0.054 0.435119
2021-05-20 0.054 0.435236
2021-04-22 0.054 0.439051
2021-03-22 0.054 0.454920
2021-02-22 0.054 0.473541
2021-01-21 0.054 0.464891
2020-12-22 0.054 0.474097
2020-11-20 0.054 0.465505
2020-10-22 0.054 0.484032
2020-09-22 0.054 0.479794
2020-08-20 0.050 0.444991
2020-07-22 0.050 0.462955
2020-06-22 0.050 0.483453
2020-05-21 0.050 0.490051
2020-04-22 0.050 0.491535
2020-03-20 0.050 0.565820
2020-02-20 0.050 0.445735
2020-01-22 0.050 0.458172
2019-12-20 0.050 0.470596
2019-11-21 0.050 0.470924
2019-10-22 0.050 0.473610
2019-09-20 0.050 0.478721
2019-08-22 0.050 0.478381
2019-07-22 0.050 0.483199
2019-06-20 0.050 0.492024
2019-05-22 0.054 0.538045
2019-04-22 0.054 0.552404
2019-03-21 0.054 0.551325
2019-02-21 0.054 0.553556
2019-01-22 0.054 0.577863
2018-12-20 0.054 0.607750
2018-11-21 0.054 0.612411
2018-10-22 0.054 0.612590
2018-09-20 0.054 0.587507
2018-08-22 0.054 0.565746
2018-07-20 0.054 0.562562
2018-06-21 0.054 0.575868
2018-05-22 0.061 0.655641
2018-04-20 0.061 0.647888
2018-03-22 0.061 0.652783
2018-02-22 0.061 0.651876
2018-01-22 0.061 0.630995
2017-12-21 0.061 0.627904
2017-11-16 0.061 0.623150
2017-10-20 0.061 0.616750
2017-09-21 0.061 0.618050
2017-08-21 0.061 0.614709
2017-07-19 0.061 0.613510
2017-06-21 0.061 0.624924
2017-05-19 0.061 0.640761
2017-04-19 0.061 0.654527
2017-03-21 0.061 0.674211
2017-02-21 0.061 0.660314
2017-01-19 0.061 0.659412
2016-12-21 0.061 0.660833
2016-11-21 0.070 0.768152
2016-10-19 0.070 0.710116
2016-09-21 0.070 0.664123
2016-08-19 0.070 0.660920
2016-07-20 0.070 0.666556
2016-06-21 0.070 0.678486
2016-05-19 0.074 0.742819
2016-04-20 0.074 0.745775
2016-03-21 0.074 0.762370
2016-02-19 0.074 0.792682
2016-01-20 0.074 0.799271
2015-12-21 0.074 0.809757
2015-11-19 0.074 0.794969
2015-10-21 0.074 0.825079
2015-09-21 0.074 0.844858
2015-08-19 0.074 0.858135
2015-07-21 0.074 0.888224
2015-06-19 0.074 0.853440
2015-05-20 0.074 0.837529
2015-04-21 0.074 0.837204
2015-03-19 0.073 0.842454
2015-02-19 0.074 0.867130
2015-01-21 0.073 0.846362
2014-12-19 0.074 0.879507
2014-11-19 0.074 0.880976
2014-10-21 0.074 0.858808
2014-09-19 0.074 0.855076
2014-08-20 0.076 0.879008
2014-07-21 0.076 0.886361
2014-06-19 0.076 0.890819
2014-05-21 0.076 0.900094
2014-04-21 0.076 0.950889
2014-03-19 0.076 0.941476
2014-02-19 0.076 0.936685
2014-01-21 0.076 0.963974
2013-12-19 0.076 1.089318
2013-11-20 0.075 1.081412
2013-10-21 0.075 1.057065
2013-09-19 0.076 1.077285
2013-08-21 0.075 1.112556
2013-07-19 0.075 1.053912
2013-06-19 0.075 1.029688
2013-05-21 0.075 0.935404
2013-04-19 0.075 0.933866
2013-03-20 0.075 0.937823
2013-02-20 0.075 0.884276
2013-01-18 0.075 0.865578
2012-12-19 0.076 0.937430
2012-11-20 0.083 0.966313
2012-10-19 0.083 0.966531
2012-09-19 0.083 0.952689
2012-08-21 0.083 0.990089
2012-07-19 0.083 1.010181
2012-06-20 0.083 1.025313
2012-05-21 0.083 1.053308
2012-04-19 0.083 1.050204
2012-03-21 0.083 1.113359
2012-02-21 0.083 1.116553
2012-01-19 0.083 1.121215
2011-12-21 0.083 1.140060
2011-11-21 0.083 1.176825
2011-10-19 0.083 1.183571
2011-09-21 0.083 1.246354
2011-08-19 0.083 1.304884
2011-07-20 0.083 1.296487
2011-06-21 0.083 1.330724
2011-05-19 0.087 1.403555
2011-04-19 0.087 1.438551
2011-03-21 0.087 1.448110
2011-02-18 0.087 1.431478
2011-01-19 0.087 1.576412
2010-12-21 0.087 1.505007
2010-11-19 0.087 1.385992
2010-10-20 0.087 1.289471
2010-09-21 0.087 1.253257
2010-08-19 0.087 1.305735
2010-07-21 0.087 1.341455
2010-06-21 0.087 1.390454
2010-05-19 0.087 1.352898
2010-04-21 0.087 1.341967
2010-03-19 0.087 1.388092
2010-02-19 0.090 1.432774
2010-01-20 0.090 1.457099
2009-12-21 0.090 1.493501
2009-11-19 0.090 1.511187
2009-10-21 0.090 1.533529
2009-09-21 0.090 1.429614
2009-08-19 0.090 1.569808
2009-07-21 0.090 1.622488
2009-06-19 0.090 1.723796
2009-05-20 0.090 1.727589
2009-04-21 0.090 1.816376
2009-03-19 0.090 1.981845
2009-02-19 0.067 1.596490
2009-01-21 0.067 1.671835
2008-12-19 0.067 2.028558
2008-11-19 0.067 1.627174
2008-10-21 0.067 1.742691
2008-09-19 0.067 1.368640
2008-08-20 0.067 1.311161
2008-07-21 0.067 1.314719
2008-06-19 0.067 1.324226
2008-05-21 0.067 1.273595
2008-04-21 0.067 1.248827
2008-03-18 0.067 1.304738
2008-02-20 0.067 1.313819
2008-01-18 0.067 1.308849
2007-12-19 0.067 1.418587
2007-11-20 0.067 1.367154
2007-10-19 0.067 1.243394
2007-09-19 0.067 1.276119
2007-08-21 0.067 1.301390
2007-07-19 0.067 1.248121
2007-06-20 0.067 1.249588
2007-05-21 0.067 1.240496
2007-04-19 0.067 1.208248
2007-03-21 0.067 1.212566
2007-02-21 0.067 1.263718
2007-01-19 0.067 1.244887
2006-12-20 0.067 1.258288
2006-11-20 0.067 1.266984
2006-10-19 0.073 1.373997
2006-09-20 0.073 1.376902
2006-08-21 0.073 1.411185
2006-07-19 0.073 1.472570
2006-06-21 0.073 1.455336
2006-05-19 0.073 1.489111
2006-04-19 0.073 1.492394
2006-03-21 0.073 1.496787
2006-02-21 0.073 1.491087
2006-01-19 0.073 1.481500
2005-12-21 0.073 1.550161
2005-11-21 0.073 1.591957
2005-10-19 0.073 1.610314
2005-09-21 0.073 1.504788
2005-08-19 0.084 1.681332
2005-07-20 0.084 1.695662
2005-06-21 0.084 1.715718
2005-05-19 0.084 1.813379
2005-04-20 0.084 1.871579
2005-03-21 0.084 1.890351
2005-02-18 0.084 1.883127
2005-01-19 0.084 1.873248
2004-12-21 0.084 1.972718
2004-11-19 0.084 1.964823
2004-10-20 0.084 1.914380
2004-09-21 0.084 1.969830
2004-08-19 0.084 2.028078
2004-07-21 0.084 2.108087
2004-06-21 0.084 2.189027
2004-05-19 0.084 2.247665
2004-04-21 0.084 2.064551
2004-03-19 0.084 1.954539
2004-02-19 0.084 1.974825
2004-01-21 0.084 2.022824
2003-12-19 0.084 2.103550
2003-11-19 0.084 2.119086
2003-10-21 0.084 2.149993
2003-09-19 0.084 2.180101
2003-08-20 0.084 2.163720
2003-07-21 0.084 2.107647
2003-06-19 0.084 2.080970
2003-05-21 0.084 2.087131
2003-04-21 0.084 2.161597
2003-03-19 0.084 2.223519
2003-02-19 0.084 2.293486
Additional Data
dividendRate 0.54
dividendYield 4.77
exDividendDate 2026-04-23
trailingAnnualDividendRate 0.505
trailingAnnualDividendYield 0.044769503
lastDividendValue 0.045
lastDividendDate 2026-03-23
dividendDate 2019-02-01

Info Dump

Attribute Value
52 Week Change 0.08775318
Address1 1,001 Liberty Avenue
All Time High 17.59
All Time Low 7.04
Ask 11.5
Ask Size 1,500
Average Daily Volume10 Day 23,210
Average Daily Volume3 Month 28,131
Average Volume 28,131
Average Volume10Days 23,210
Beta 0.636
Bid 11.26
Bid Size 200
Book Value 12.507
City Pittsburgh
Compensation As Of Epoch Date 1,356,912,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.33
Current Ratio 3.379
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.37
Day Low 11.29
Debt To Equity 68.87
Dividend Date 1,548,979,200
Dividend Rate 0.54
Dividend Yield 4.77
Earnings Growth -0.109
Earnings Quarterly Growth -0.109
Earnings Timestamp End 1,708,462,800
Earnings Timestamp Start 1,707,771,600
Ebitda Margins 0.0
Enterprise To Revenue 20.228
Enterprise Value 155,874,896
Eps Trailing Twelve Months 0.12
Esg Populated 0
Ex Dividend Date 1,776,902,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 412-288-3939
Fifty Day Average 11.1398
Fifty Day Average Change 0.19019985
Fifty Day Average Change Percent 0.017073901
Fifty Two Week Change Percent 8.775318
Fifty Two Week High 11.38
Fifty Two Week High Change -0.05000019
Fifty Two Week High Change Percent -0.00439369
Fifty Two Week Low 10.34
Fifty Two Week Low Change 0.9899998
Fifty Two Week Low Change Percent 0.095744655
Fifty Two Week Range 10.34 - 11.38
Financial Currency USD
First Trade Date Milliseconds 1,040,394,600,000
Five Year Avg Dividend Yield 4.5
Free Cashflow 2,324,033
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 7,705,711
Has Pre Post Market Data 1
Held Percent Insiders 0.00085
Held Percent Institutions 0.40745
Implied Shares Outstanding 7,818,701
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,774,224,000
Last Dividend Value 0.045
Last Fiscal Year End 1,764,460,800
Long Business Summary Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.
Long Name Federated Hermes Premier Municipal Income Fund
Market us_market
Market Cap 88,585,880
Market State CLOSED
Max Age 86,400
Message Board Id finmb_6166318
Most Recent Quarter 1,764,460,800
Net Income To Common 928,368
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 88,585,882
Open 11.26
Operating Cashflow 3,959,556
Operating Margins 0.87861997
Payout Ratio 4.25
Phone 412-288-1900
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 11.33
Post Market Time 1,776,464,521
Previous Close 11.28
Price Hint 2
Price To Book 0.90589267
Price To Sales Trailing12 Months 11.496133
Profit Margins 0.12048
Quick Ratio 3.379
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0500002
Regular Market Change Percent 0.443264
Regular Market Day High 11.37
Regular Market Day Low 11.29
Regular Market Day Range 11.29 - 11.37
Regular Market Open 11.26
Regular Market Previous Close 11.28
Regular Market Price 11.33
Regular Market Time 1,776,456,003
Regular Market Volume 64,885
Return On Assets 0.025220001
Return On Equity 0.00935
Revenue Growth -0.223
Revenue Per Share 0.986
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 7,818,701
Shares Percent Shares Out 0.0025
Shares Short 19,785
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 16,217
Short Name Federated Premier Municipal Inc
Short Percent Of Float 0.0025
Short Ratio 0.91
Source Interval 15
State PA
Symbol FMN
Total Cash 60,986
Total Cash Per Share 0.008
Total Debt 67,350,000
Total Revenue 7,705,711
Tradeable 0
Trailing Annual Dividend Rate 0.505
Trailing Annual Dividend Yield 0.044769503
Trailing Eps 0.12
Trailing P E 94.41667
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.9926
Two Hundred Day Average Change 0.33739948
Two Hundred Day Average Change Percent 0.030693328
Type Disp Equity
Volume 64,885
Website https://www.federatedinvestors.com/FII/closedendfunds/details/overview.do?basketid=10461
Zip 15,222