Federated Hermes Premier Municipal Income Fund (FMN) vs Nuveen Mortgage and Income Fund (JLS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nuveen Mortgage and Income Fund is the larger company by market cap ($89.0 million vs $77.2 million), about 1.2 times the size. On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 14.8x for Nuveen Mortgage and Income Fund). Federated Hermes Premier Municipal Income Fund pays a dividend yielding 5.11%, while Nuveen Mortgage and Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | FMN | JLS |
|---|---|---|
| Share price | $9.88 | $16.25 |
| Market cap | $77.25M | $89.00M |
| 1-day change | -1.30% | +0.06% |
| YTD return | -11.07% | — |
| 1-year return | -9.77% | — |
| 5-year return | -34.31% | — |
| P/E ratio (TTM) | 8.67 | 14.77 |
| EPS (TTM) | $1.14 | $1.10 |
| Dividend yield | 5.11% | 11.34% |
| Annual dividend | $0.505 | $0.00 |
| 52-week high | $11.76 | $18.98 |
| 52-week low | $9.77 | $16.01 |
| Distance from 52-week high | -15.99% | -14.38% |
| Average volume | 32.48K | 25.96K |
| Shares outstanding | 7.82M | 5.48M |
| 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 Mortgage and Income Fund trades at a higher earnings multiple (14.8x vs 8.7x trailing P/E).
- Nuveen Mortgage and Income Fund offers a meaningfully higher dividend yield (11.34% vs 5.11%).
FMN vs JLS FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or Nuveen Mortgage and Income Fund?
Nuveen Mortgage and Income Fund (JLS) is larger, with a market capitalization of $89.00M compared with $77.25M for Federated Hermes Premier Municipal Income Fund (FMN).
Which has the lower P/E ratio, FMN or JLS?
FMN has the lower trailing P/E at 8.7, versus 14.8 for JLS. 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 Nuveen Mortgage and Income Fund?
Nuveen Mortgage and Income Fund has the higher yield at 11.34%, compared with 5.11% for Federated Hermes Premier Municipal Income Fund.
Are Federated Hermes Premier Municipal Income Fund and Nuveen Mortgage and Income Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.