Federated Hermes (FHI) vs Nuveen Quality Municipal Income Fund (NAD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Federated Hermes is the larger company by market cap ($4.18 billion vs $2.35 billion), about 1.8 times the size. On valuation, Federated Hermes trades at a lower trailing P/E (10.4x vs 12.8x for Nuveen Quality Municipal Income Fund). Nuveen Quality Municipal Income Fund offers the higher dividend yield (8.56% vs 2.50%).
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 | FHI | NAD |
|---|---|---|
| Share price | $55.95 | $10.08 |
| Market cap | $4.18B | $2.35B |
| 1-day change | +0.18% | +1.51% |
| YTD return | +7.45% | — |
| 1-year return | +6.80% | — |
| 5-year return | +69.44% | — |
| P/E ratio (TTM) | 10.42 | 12.76 |
| Forward P/E | 9.60 | — |
| EPS (TTM) | $5.37 | $0.79 |
| Dividend yield | 2.50% | 8.56% |
| Annual dividend | $1.40 | $0.863 |
| Revenue (latest FY) | $1.80B | — |
| Revenue growth (YoY) | +10.33% | — |
| Net income (latest FY) | $403.30M | — |
| Operating margin | 28.54% | — |
| Net margin | 22.40% | — |
| 52-week high | $67.20 | $12.31 |
| 52-week low | $46.66 | $9.66 |
| Distance from 52-week high | -16.74% | -18.12% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +7.49% | — |
| Average volume | 604.39K | 1.18M |
| Shares outstanding | 74.65M | 233.46M |
| Employees | 2,091 | — |
| 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
- Nuveen Quality Municipal Income Fund offers a meaningfully higher dividend yield (8.56% vs 2.50%).
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
About Nuveen Quality Municipal Income Fund
NAD stock →Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Finance · Investment Managers
FHI vs NAD FAQ
Which is bigger, Federated Hermes or Nuveen Quality Municipal Income Fund?
Federated Hermes (FHI) is larger, with a market capitalization of $4.18B compared with $2.35B for Nuveen Quality Municipal Income Fund (NAD).
Which has the lower P/E ratio, FHI or NAD?
FHI has the lower trailing P/E at 10.4, versus 12.8 for NAD. 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, Federated Hermes or Nuveen Quality Municipal Income Fund?
Nuveen Quality Municipal Income Fund has the higher yield at 8.56%, compared with 2.50% for Federated Hermes.
Are Federated Hermes and Nuveen Quality Municipal Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.