Federated Hermes (FHI) vs Nuveen AMT-Free Quality Municipal Income Fund (NEA)
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 ($4.21 billion vs $3.05 billion), about 1.4 times the size. On valuation, Federated Hermes trades at a lower trailing P/E (10.5x vs 13.1x for Nuveen AMT-Free Quality Municipal Income Fund). Nuveen AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.59% vs 2.48%).
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 | FHI | NEA |
|---|---|---|
| Share price | $56.42 | $10.09 |
| Market cap | $4.21B | $3.05B |
| 1-day change | +0.84% | +0.95% |
| YTD return | +7.45% | — |
| 1-year return | +6.80% | — |
| 5-year return | +69.44% | — |
| P/E ratio (TTM) | 10.51 | 13.10 |
| Forward P/E | 9.68 | — |
| EPS (TTM) | $5.37 | $0.77 |
| Dividend yield | 2.48% | 8.59% |
| Annual dividend | $1.40 | $0.866 |
| 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 | $11.90 |
| 52-week low | $46.66 | $9.53 |
| Distance from 52-week high | -16.04% | -15.25% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +6.59% | — |
| Average volume | 604.39K | 1.54M |
| Shares outstanding | 74.65M | 302.13M |
| Employees | 2,091 | — |
| Sector | Finance | Finance |
| Industry | Investment Managers | Finance/Investors Services |
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 AMT-Free Quality Municipal Income Fund offers a meaningfully higher dividend yield (8.59% vs 2.48%).
About Federated Hermes
FHI stock →Federated Hermes, Inc. is a publicly owned investment manager.
Finance · Investment Managers · 2,091 employees
About Nuveen AMT-Free Quality Municipal Income Fund
NEA stock →Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC.
Finance · Finance/Investors Services
FHI vs NEA FAQ
Which is bigger, Federated Hermes or Nuveen AMT-Free Quality Municipal Income Fund?
Federated Hermes (FHI) is larger, with a market capitalization of $4.21B compared with $3.05B for Nuveen AMT-Free Quality Municipal Income Fund (NEA).
Which has the lower P/E ratio, FHI or NEA?
FHI has the lower trailing P/E at 10.5, versus 13.1 for NEA. 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 AMT-Free Quality Municipal Income Fund?
Nuveen AMT-Free Quality Municipal Income Fund has the higher yield at 8.59%, compared with 2.48% for Federated Hermes.
Are Federated Hermes and Nuveen AMT-Free Quality Municipal Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Federated Hermes and Finance/Investors Services for Nuveen AMT-Free Quality Municipal Income Fund.