Federated Hermes Premier Municipal Income Fund (FMN) vs Pimco Corporate & Income Strategy Fund (PCN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Pimco Corporate & Income Strategy Fund is the larger company by market cap ($805.4 million vs $77.2 million), about 10.4 times the size. On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 11.4x for Pimco Corporate & Income Strategy Fund). Pimco Corporate & Income Strategy Fund offers the higher dividend yield (12.69% vs 5.11%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | FMN | PCN |
|---|---|---|
| Share price | $9.88 | $10.64 |
| Market cap | $77.25M | $805.35M |
| 1-day change | -1.30% | -1.39% |
| YTD return | -11.07% | — |
| 1-year return | -9.77% | — |
| 5-year return | -34.31% | — |
| P/E ratio (TTM) | 8.67 | 11.44 |
| EPS (TTM) | $1.14 | $0.93 |
| Dividend yield | 5.11% | 12.69% |
| Annual dividend | $0.505 | $1.35 |
| 52-week high | $11.76 | $13.49 |
| 52-week low | $9.77 | $10.44 |
| Distance from 52-week high | -15.99% | -21.13% |
| Average volume | 32.48K | 424.41K |
| Shares outstanding | 7.82M | 75.69M |
| Sector | Finance | Financial Services |
| Industry | Investment Managers | 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
- Pimco Corporate & Income Strategy Fund is about 10.4 times larger than Federated Hermes Premier Municipal Income Fund by market value ($805.35M vs $77.25M).
- Pimco Corporate & Income Strategy Fund trades at a higher earnings multiple (11.4x vs 8.7x trailing P/E).
- Pimco Corporate & Income Strategy Fund offers a meaningfully higher dividend yield (12.69% vs 5.11%).
- The two companies sit in different sectors: Federated Hermes Premier Municipal Income Fund in Finance and Pimco Corporate & Income Strategy Fund in Financial Services.
About Pimco Corporate & Income Strategy Fund
PCN stock →PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC.
Financial Services · Asset Management
FMN vs PCN FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or Pimco Corporate & Income Strategy Fund?
Pimco Corporate & Income Strategy Fund (PCN) is larger, with a market capitalization of $805.35M compared with $77.25M for Federated Hermes Premier Municipal Income Fund (FMN).
Which has the lower P/E ratio, FMN or PCN?
FMN has the lower trailing P/E at 8.7, versus 11.4 for PCN. 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 Pimco Corporate & Income Strategy Fund?
Pimco Corporate & Income Strategy Fund has the higher yield at 12.69%, compared with 5.11% for Federated Hermes Premier Municipal Income Fund.
Are Federated Hermes Premier Municipal Income Fund and Pimco Corporate & Income Strategy Fund in the same industry?
No. Federated Hermes Premier Municipal Income Fund is in the Finance sector, while Pimco Corporate & Income Strategy Fund is in Financial Services.