Federated Hermes Premier Municipal Income Fund (FMN) vs Gabelli Convertible and Income Securities Fund (GCV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Gabelli Convertible and Income Securities Fund (GCV) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, losing 5.4% versus a loss of 9.9%. Over five years, FMN leads with a -34.3% price change compared with -36.3% for GCV. Gabelli Convertible and Income Securities Fund is the larger company by market cap ($81.8 million vs $77.2 million), about 1.1 times the size.
On valuation, Gabelli Convertible and Income Securities Fund trades at a lower trailing P/E (4.0x vs 8.7x for Federated Hermes Premier Municipal Income Fund). Gabelli Convertible and Income Securities Fund offers the higher dividend yield (11.82% vs 5.11%).
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 | GCV |
|---|---|---|
| Share price | $9.88 | $4.06 |
| Market cap | $77.25M | $81.80M |
| 1-day change | 0.00% | -1.22% |
| YTD return | -11.07% | -2.17% |
| 1-year return | -9.94% | -5.36% |
| 5-year return | -34.31% | -36.26% |
| P/E ratio (TTM) | 8.67 | 4.02 |
| EPS (TTM) | $1.14 | $1.01 |
| Dividend yield | 5.11% | 11.82% |
| Annual dividend | $0.505 | $0.48 |
| 52-week high | $11.76 | $4.80 |
| 52-week low | $9.77 | $3.98 |
| Distance from 52-week high | -15.99% | -15.42% |
| Average volume | 33.34K | 39.97K |
| Shares outstanding | 7.82M | 20.15M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
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
- Federated Hermes Premier Municipal Income Fund trades at a higher earnings multiple (8.7x vs 4.0x trailing P/E).
- Gabelli Convertible and Income Securities Fund offers a meaningfully higher dividend yield (11.82% vs 5.11%).
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.
Financial Services · Asset Management
About Gabelli Convertible and Income Securities Fund
GCV stock →The Gabelli Convertible and Income Securities Fund Inc. is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc.
Financial Services · Asset Management
FMN vs GCV FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or Gabelli Convertible and Income Securities Fund?
Gabelli Convertible and Income Securities Fund (GCV) is larger, with a market capitalization of $81.80M compared with $77.25M for Federated Hermes Premier Municipal Income Fund (FMN).
Which stock has performed better over the past year, FMN or GCV?
GCV returned -5.36% 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, FMN or GCV?
GCV has the lower trailing P/E at 4.0, versus 8.7 for FMN. 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 Gabelli Convertible and Income Securities Fund?
Gabelli Convertible and Income Securities Fund has the higher yield at 11.82%, compared with 5.11% for Federated Hermes Premier Municipal Income Fund.
Are Federated Hermes Premier Municipal Income Fund and Gabelli Convertible and Income Securities Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.