Federated Hermes Premier Municipal Income Fund
FMNFinancial ServicesNASDAQAsset Management · Last scanned Sep 8, 2026
Scan Results
Daily timeframeFederated Hermes Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The $85.2M market capitalization puts FMN squarely in micro-cap range for its industry. The fund is managed by Federated Investment Management Company.
Market Cap
$85.2M
Beta
0.60
P/E (TTM)
9.56
P/E (Fwd)
—
EPS (TTM)
$1.14
EPS (Fwd)
—
ROE
0.9%
ROA
2.5%
Cash
$60,986
Total Debt
$67.3M
Free CF
$2.3M
52W Change
0.0%
Annual Financials
Cash vs Debt
Where FMN stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, FMN finished 1.54% below its 150-day moving average ($11.02) and 0.91% below its 200-day moving average ($10.95). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FMN overbought or oversold?
At the September 3, 2026 close, FMN's RSI(14) was 23.4, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $61K in cash, though total debt stands at $67.3M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $2.3M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 0.9%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.5% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$31.5M (2022) to $978K (2025), reflecting a 103% increase over the period.
FMN's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing FMN's risk profile alongside its fundamentals and technical indicators provides a more complete picture.