DTF Tax-Free Income 2028 Term Fund (DTF) 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 8, 2026.
Summary
DTF Tax-Free Income 2028 Term Fund (DTF) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, losing 2.4% versus a loss of 9.8%. Over five years, DTF leads with a -21.8% price change compared with -34.3% for FMN. DTF Tax-Free Income 2028 Term Fund is the larger company by market cap ($78.8 million vs $76.9 million), about 1.0 times the size.
On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.6x vs 27.3x for DTF Tax-Free Income 2028 Term Fund). Federated Hermes Premier Municipal Income Fund offers the higher dividend yield (5.13% vs 3.48%).
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 | DTF | FMN |
|---|---|---|
| Share price | $11.21 | $9.84 |
| Market cap | $78.80M | $76.94M |
| 1-day change | +0.09% | -0.40% |
| YTD return | -1.93% | -11.07% |
| 1-year return | -2.35% | -9.77% |
| 5-year return | -21.84% | -34.31% |
| P/E ratio (TTM) | 27.34 | 8.63 |
| EPS (TTM) | $0.41 | $1.14 |
| Dividend yield | 3.48% | 5.13% |
| Annual dividend | $0.39 | $0.505 |
| 52-week high | $11.61 | $11.76 |
| 52-week low | $11.14 | $9.77 |
| Distance from 52-week high | -3.45% | -16.33% |
| Average volume | 6.58K | 32.76K |
| Shares outstanding | 7.03M | 7.82M |
| 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
- DTF Tax-Free Income 2028 Term Fund trades at a higher earnings multiple (27.3x vs 8.6x trailing P/E).
- Federated Hermes Premier Municipal Income Fund offers a meaningfully higher dividend yield (5.13% vs 3.48%).
DTF vs FMN FAQ
Which is bigger, DTF Tax-Free Income 2028 Term Fund or Federated Hermes Premier Municipal Income Fund?
DTF Tax-Free Income 2028 Term Fund (DTF) is larger, with a market capitalization of $78.80M compared with $76.94M for Federated Hermes Premier Municipal Income Fund (FMN).
Which stock has performed better over the past year, DTF or FMN?
DTF returned -2.35% over the past 12 months, compared with -9.77% for FMN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DTF or FMN?
FMN has the lower trailing P/E at 8.6, versus 27.3 for DTF. 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, DTF Tax-Free Income 2028 Term Fund or Federated Hermes Premier Municipal Income Fund?
Federated Hermes Premier Municipal Income Fund has the higher yield at 5.13%, compared with 3.48% for DTF Tax-Free Income 2028 Term Fund.
Are DTF Tax-Free Income 2028 Term Fund and Federated Hermes Premier Municipal Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.