Federated Hermes Premier Municipal Income Fund (FMN) vs Pimco Municipal Income Fund II (PML)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Pimco Municipal Income Fund II is the larger company by market cap ($811.8 million vs $77.2 million), about 10.5 times the size. On valuation, Federated Hermes Premier Municipal Income Fund trades at a lower trailing P/E (8.7x vs 8.9x for Pimco Municipal Income Fund II). Pimco Municipal Income Fund II offers the higher dividend yield (7.33% vs 5.11%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | FMN | PML |
|---|---|---|
| Share price | $9.88 | $6.47 |
| Market cap | $77.25M | $811.78M |
| 1-day change | -1.30% | -1.07% |
| YTD return | -11.07% | — |
| 1-year return | -9.77% | — |
| 5-year return | -34.31% | — |
| P/E ratio (TTM) | 8.67 | 8.86 |
| EPS (TTM) | $1.14 | $0.73 |
| Dividend yield | 5.11% | 7.33% |
| Annual dividend | $0.505 | $0.474 |
| 52-week high | $11.76 | $8.01 |
| 52-week low | $9.77 | $6.39 |
| Distance from 52-week high | -15.99% | -19.23% |
| Average volume | 32.50K | 532.44K |
| Shares outstanding | 7.82M | 125.47M |
| 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
- Pimco Municipal Income Fund II is about 10.5 times larger than Federated Hermes Premier Municipal Income Fund by market value ($811.78M vs $77.25M).
- Pimco Municipal Income Fund II offers a meaningfully higher dividend yield (7.33% vs 5.11%).
FMN vs PML FAQ
Which is bigger, Federated Hermes Premier Municipal Income Fund or Pimco Municipal Income Fund II?
Pimco Municipal Income Fund II (PML) is larger, with a market capitalization of $811.78M compared with $77.25M for Federated Hermes Premier Municipal Income Fund (FMN).
Which has the lower P/E ratio, FMN or PML?
FMN has the lower trailing P/E at 8.7, versus 8.9 for PML. 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 Municipal Income Fund II?
Pimco Municipal Income Fund II has the higher yield at 7.33%, compared with 5.11% for Federated Hermes Premier Municipal Income Fund.
Are Federated Hermes Premier Municipal Income Fund and Pimco Municipal Income Fund II in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.