Federated Hermes Premier Municipal Income Fund (FMN)
Federated Hermes Premier Municipal Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Pittsburgh, PA, US. The stock last traded at $10.06, down 0.98% on the session, giving a market capitalisation of $78.7M. On trailing twelve-month figures it carries a trailing P/E of 8.82, a net margin of 128.4%. Its beta of 0.60 implies it has historically moved less than the broad market.
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.
Federated Hermes Premier Municipal Income Fund is most often compared with the following Financial Services names: