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Federated Hermes Premier Municipal Income Fund (FMN) vs Hennessy Advisors (HNNA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Hennessy Advisors (HNNA) has outperformed Federated Hermes Premier Municipal Income Fund (FMN) over the past year, losing 3.1% versus a loss of 9.9%. Over five years, HNNA leads with a -1.8% price change compared with -34.3% for FMN. Hennessy Advisors is the larger company by market cap ($80.7 million vs $77.6 million), about 1.0 times the size.

On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 9.7x for Hennessy Advisors). Hennessy Advisors offers the higher dividend yield (5.66% vs 5.09%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FMN-9.94%HNNA-3.13%
+6%-5%-16%
Oct 8, 20251 yearOct 8, 2026
FMN-34.31%HNNA+0.10%
+37%-3%-43%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FMN versus HNNA key metrics
MetricFMNHNNA
Share price$9.92$10.21
Market cap$77.56M$80.70M
1-day change+0.40%0.00%
YTD return-11.07%+6.35%
1-year return-9.94%-3.13%
5-year return-34.31%-1.83%
P/E ratio (TTM)8.709.72
Forward P/E—8.17
EPS (TTM)$1.14$1.05
Dividend yield5.09%5.66%
Annual dividend$0.505$0.578
52-week high$11.76$11.02
52-week low$9.77$8.90
Distance from 52-week high-15.65%-7.35%
Average volume33.34K6.88K
Shares outstanding7.82M7.90M
Employees—17
SectorFinanceFinance
IndustryInvestment ManagersInvestment 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.

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.

Finance · Investment Managers

About Hennessy Advisors

HNNA stock →

Hennessy Advisors, Inc. is an publicly owned investment manager.

Finance · Investment Managers · 17 employees

FMN vs HNNA FAQ

Which is bigger, Federated Hermes Premier Municipal Income Fund or Hennessy Advisors?

Hennessy Advisors (HNNA) is larger, with a market capitalization of $80.70M compared with $77.56M for Federated Hermes Premier Municipal Income Fund (FMN).

Which stock has performed better over the past year, FMN or HNNA?

HNNA returned -3.13% 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 HNNA?

FMN has the lower trailing P/E at 8.7, versus 9.7 for HNNA. 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 Hennessy Advisors?

Hennessy Advisors has the higher yield at 5.66%, compared with 5.09% for Federated Hermes Premier Municipal Income Fund.

Are Federated Hermes Premier Municipal Income Fund and Hennessy Advisors in the same industry?

Yes. Both are classified in the Investment Managers industry within the Finance sector.

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