Federated Hermes Premier Municipal Income Fund
$11.09
$-0.03 (-0.27%)
Jan 5, 2026
Price History (1Y)
Analysis
The Federated Hermes Premier Municipal Income Fund operates within the Financial Services sector and Asset Management industry. The company's market capitalization stands at $86.71M. Financial health metrics indicate a profitable business model, with gross margins reaching 100.0%, operating margins of 87.6%, and profit margins of 20.6%. Return on equity (ROE) is 1.6%, while return on assets (ROA) is 2.4%. The debt-to-equity ratio is 72.69, indicating a significant amount of leverage. Current liquidity is limited, with a current ratio of 0.73. The company's valuation metrics are as follows: price to book is 0.94 and price to sales is 9.84. Revenue growth has been declining, with a year-over-year (YoY) rate of -28.4%. The fund offers an unusually high dividend yield of 486.0%, although the payout ratio stands at 39.8%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Federated Hermes Premier Municipal Income Fund
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.
Visit website →Key Statistics
- Market Cap
- $86.71M
- P/E Ratio
- N/A
- 52-Week High
- $11.38
- 52-Week Low
- $10.11
- Avg Volume
- 36.80K
- Beta
- 0.64
- Dividend Yield
- 486.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States