Federated Hermes Premier Municipal Income Fund (FMN) vs GCM Grosvenor (GCMG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
GCM Grosvenor (GCMG) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, gaining 9.6% versus a loss of 9.8%. Over five years, GCMG leads with a +13.3% price change compared with -34.3% for FMN. GCM Grosvenor is the larger company by market cap ($793.1 million vs $77.3 million), about 10.3 times the size.
On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 25.0x for GCM Grosvenor). Federated Hermes Premier Municipal Income Fund offers the higher dividend yield (5.11% vs 3.70%).
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 | FMN | GCMG |
|---|---|---|
| Share price | $9.89 | $12.98 |
| Market cap | $77.33M | $793.11M |
| 1-day change | +0.10% | +0.66% |
| YTD return | -11.07% | +13.87% |
| 1-year return | -9.77% | +9.61% |
| 5-year return | -34.31% | +13.27% |
| P/E ratio (TTM) | 8.68 | 24.95 |
| Forward P/E | — | 12.01 |
| EPS (TTM) | $1.14 | $0.52 |
| Dividend yield | 5.11% | 3.70% |
| Annual dividend | $0.505 | $0.48 |
| 52-week high | $11.76 | $14.87 |
| 52-week low | $9.77 | $9.30 |
| Distance from 52-week high | -15.90% | -12.72% |
| Analyst consensus | — | buy |
| Avg. price target upside | — | +19.46% |
| Average volume | 32.76K | 502.37K |
| Shares outstanding | 7.82M | 61.13M |
| Employees | — | 550 |
| 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
- GCM Grosvenor is about 10.3 times larger than Federated Hermes Premier Municipal Income Fund by market value ($793.11M vs $77.33M).
- GCMG has outperformed FMN by 19.4 percentage points over the past year.
- GCM Grosvenor trades at a higher earnings multiple (25.0x vs 8.7x trailing P/E).
- Federated Hermes Premier Municipal Income Fund offers a meaningfully higher dividend yield (5.11% vs 3.70%).
About GCM Grosvenor
GCMG stock →GCM Grosvenor Inc. is global alternative asset management solutions provider.
Finance · Investment Managers · 550 employees
FMN vs GCMG FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or GCM Grosvenor?
GCM Grosvenor (GCMG) is larger, with a market capitalization of $793.11M compared with $77.33M for Federated Hermes Premier Municipal Income Fund (FMN).
Which stock has performed better over the past year, FMN or GCMG?
GCMG returned +9.61% 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, FMN or GCMG?
FMN has the lower trailing P/E at 8.7, versus 25.0 for GCMG. 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 Premier Municipal Income Fund or GCM Grosvenor?
Federated Hermes Premier Municipal Income Fund has the higher yield at 5.11%, compared with 3.70% for GCM Grosvenor.
Are Federated Hermes Premier Municipal Income Fund and GCM Grosvenor in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.