FMN
Price:
$11.1
Market Cap:
$127.63M
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.[Read more]
Industry
Asset Management - Income
IPO Date
2002-12-20
Stock Exchange
NYSE
Ticker
FMN
According to Federated Hermes Premier Municipal Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 4.36. This represents a change of 67.00% compared to the average of 2.61 of the last 4 quarters.
The mean historical Current Ratio of Federated Hermes Premier Municipal Income Fund over the last ten years is 2.98. The current 4.36 Current Ratio has changed 14.53% with respect to the historical average. Over the past ten years (40 quarters), FMN's Current Ratio was at its highest in in the November 2020 quarter at 6.70. The Current Ratio was at its lowest in in the August 2021 quarter at 0.81.
Average
2.98
Median
2.55
Minimum
0.83
Maximum
6.70
Discovering the peaks and valleys of Federated Hermes Premier Municipal Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 465.88%
Maximum Annual Current Ratio = 6.70
Minimum Annual Increase = -87.66%
Minimum Annual Current Ratio = 0.83
Year | Current Ratio | Change |
---|---|---|
2023 | 0.94 | -30.36% |
2022 | 1.36 | 64.17% |
2021 | 0.83 | -87.66% |
2020 | 6.70 | 18.74% |
2019 | 5.64 | 465.88% |
2018 | 1.00 | -76.95% |
2017 | 4.32 | 237.42% |
2016 | 1.28 | -65.84% |
2015 | 3.75 | -5.25% |
2014 | 3.96 | 7.89% |
The current Current Ratio of Federated Hermes Premier Municipal Income Fund (FMN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.04
5-year avg
3.09
10-year avg
2.98
Federated Hermes Premier Municipal Income Fund’s Current Ratio is less than DWS Strategic Municipal Income Trust (8.93), greater than MFS Investment Grade Municipal Trust (3.11), greater than Eaton Vance Municipal Income Trust (1.55), greater than Western Asset Municipal Partners Fund Inc. (1.18), greater than DTF Tax-Free Income 2028 Term Fund Inc. (1.46),
Company | Current Ratio | Market cap |
---|---|---|
8.93 | $111.31M | |
3.11 | $66.38M | |
1.55 | $412.14M | |
1.18 | $102.83M | |
1.46 | $79.15M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Federated Hermes Premier Municipal Income Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Federated Hermes Premier Municipal Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Federated Hermes Premier Municipal Income Fund's Current Ratio?
How is the Current Ratio calculated for Federated Hermes Premier Municipal Income Fund (FMN)?
What is the highest Current Ratio for Federated Hermes Premier Municipal Income Fund (FMN)?
What is the 3-year average Current Ratio for Federated Hermes Premier Municipal Income Fund (FMN)?
What is the 5-year average Current Ratio for Federated Hermes Premier Municipal Income Fund (FMN)?
How does the current Current Ratio for Federated Hermes Premier Municipal Income Fund (FMN) compare to its historical average?