Abacus Global Management (ABX) vs Federated Hermes Premier Municipal Income Fund (FMN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Abacus Global Management (ABX) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, gaining 39.6% versus a loss of 9.9%. Over five years, ABX leads with a -15.3% price change compared with -34.3% for FMN. Abacus Global Management is the larger company by market cap ($800.9 million vs $78.3 million), about 10.2 times the size.
On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.8x vs 30.3x for Abacus Global Management). Federated Hermes Premier Municipal Income Fund offers the higher dividend yield (5.04% vs 2.44%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ABX | FMN |
|---|---|---|
| Share price | $8.19 | $10.02 |
| Market cap | $800.92M | $78.34M |
| 1-day change | -1.56% | +1.42% |
| YTD return | -2.69% | -11.07% |
| 1-year return | +39.60% | -9.94% |
| 5-year return | -15.27% | -34.31% |
| P/E ratio (TTM) | 30.33 | 8.79 |
| Forward P/E | 6.87 | — |
| EPS (TTM) | $0.27 | $1.14 |
| Dividend yield | 2.44% | 5.04% |
| Annual dividend | $0.20 | $0.505 |
| 52-week high | $12.44 | $11.76 |
| 52-week low | $5.00 | $9.77 |
| Distance from 52-week high | -34.16% | -14.80% |
| Analyst consensus | buy | — |
| Avg. price target upside | +71.92% | — |
| Average volume | 586.47K | 33.34K |
| Shares outstanding | 97.79M | 7.82M |
| Employees | 326 | — |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Abacus Global Management is about 10.2 times larger than Federated Hermes Premier Municipal Income Fund by market value ($800.92M vs $78.34M).
- ABX has outperformed FMN by 49.5 percentage points over the past year.
- Abacus Global Management trades at a higher earnings multiple (30.3x vs 8.8x trailing P/E).
- Federated Hermes Premier Municipal Income Fund offers a meaningfully higher dividend yield (5.04% vs 2.44%).
About Abacus Global Management
ABX stock →Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, Luxembourg, and internationally.
Finance · Investment Managers · 326 employees
About Federated Hermes Premier Municipal Income Fund
FMN stock →Federated Hermes 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.
Finance · Investment Managers
ABX vs FMN FAQ
Which is bigger, Abacus Global Management or Federated Hermes Premier Municipal Income Fund?
Abacus Global Management (ABX) is larger, with a market capitalization of $800.92M compared with $78.34M for Federated Hermes Premier Municipal Income Fund (FMN).
Which stock has performed better over the past year, ABX or FMN?
ABX returned +39.60% over the past 12 months, compared with -9.94% for FMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ABX or FMN?
FMN has the lower trailing P/E at 8.8, versus 30.3 for ABX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Abacus Global Management or Federated Hermes Premier Municipal Income Fund?
Federated Hermes Premier Municipal Income Fund has the higher yield at 5.04%, compared with 2.44% for Abacus Global Management.
Are Abacus Global Management and Federated Hermes Premier Municipal Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.