Federated Premier Municipal Fund Quote

FMN Fund  USD 11.29  0.11  0.98%   

Performance

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Federated Premier is selling at 11.29 as of the 28th of November 2024; that is 0.98 percent increase since the beginning of the trading day. The fund's open price was 11.18. Federated Premier has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Federated Premier Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Federated 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. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. The company has 11.5 M outstanding shares of which 4.46 K shares are currently shorted by investors with about 0.15 days to cover. More on Federated Premier Municipal

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Federated Fund Highlights

ChairmanJohn Walsh
Fund ConcentrationMuni National Long Funds, Asset Management, Financial Services (View all Sectors)
Update Date30th of September 2024
Federated Premier Municipal [FMN] is traded in USA and was established 28th of November 2024. The fund is not classified under any group at the present time. Federated Premier currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 3.57% with the current yeild of 0.01%, while the total return for the last 3 years was -2.9%. Federated Premier Municipal has about 142.11 K in cash with 8.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Federated Premier financial ratios help investors to determine whether Federated Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Federated with respect to the benefits of owning Federated Premier security.
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