Performance analysis of FMN (Federated Hermes Premier Municipal Income Fund)
Annual Return
Over the past 3 years, FMN has had an average annual return of +6.66%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, FMN has had an average annual return of -1.93%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, FMN has had an average annual return of +0.84%, underperforming the benchmark SPY, which returned +15.45% annual.
Since Dec 20, 2002, FMN has had an average annual return of +4.53%, underperforming the benchmark SPY, which returned +11.49% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +2.69% | +6.77% | +3.22% | +9.21% | -26.69% | +5.99% | +9.75% | +20.25% | -7.94% | +5.78% | -1.02% | +9.15% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +16.81% | -11.97% | +12.29% | +22.07% | -3.59% | +77.34% | -27.32% | -8.43% | +11.67% | +10.24% | +6.86% | +0.62% |
| 2002 | |||||||||||
| +0% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.49% | +1.65% | -3.47% | +2.24% | +1.85% | -0.97% | +2.69% | ||||||
| 2025 | +2.11% | +2.52% | -3.88% | -1.37% | -0.37% | +0.89% | -0.51% | +1.57% | +3.99% | +1.13% | +0.68% | +0.05% | +6.77% |
| 2024 | +0.78% | +0.59% | +0.32% | +0.05% | +0.85% | +3.32% | +1.38% | +2.32% | +5.76% | -7.75% | -0.45% | -3.35% | +3.22% |
| 2023 | +6.11% | -4.40% | +2.74% | -0.75% | -1.79% | +1.86% | +0.61% | -2.95% | -6.75% | -3.71% | +13.56% | +6.01% | +9.21% |
| 2022 | -8.03% | -2.00% | -5.03% | -7.61% | +3.32% | -7.64% | +5.26% | -4.40% | -6.06% | -5.23% | +12.94% | -4.00% | -26.69% |
| 2021 | -0.99% | -1.89% | +2.19% | +3.60% | +5.90% | -0.79% | +1.19% | +1.10% | -3.37% | -3.90% | +4.26% | -0.97% | +5.99% |
| 2020 | +3.41% | -1.52% | -8.09% | -3.24% | +7.32% | -1.49% | +7.13% | +1.13% | +0.87% | -2.72% | +4.87% | +2.81% | +9.75% |
| 2019 | +7.71% | +1.62% | +1.24% | +1.01% | +1.88% | +0.66% | +0.65% | +2.54% | +1.07% | -1.06% | +0.71% | +0.79% | +20.25% |
| 2018 | -2.21% | -0.94% | -0.44% | +0.38% | +0.84% | -0.64% | +2.37% | +0.03% | -4.87% | -4.36% | +2.51% | -0.61% | -7.94% |
| 2017 | +3.31% | -1.73% | -1.20% | +2.69% | +1.42% | +2.67% | +2.89% | -1.53% | +0.63% | -2.60% | -0.61% | -0.07% | +5.78% |
Drawdown analysis of FMN (Federated Hermes Premier Municipal Income Fund)
The maximum drawdown for the FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 201 trading sessions.
The current FMN drawdown is -18.36%.
Since Dec 20, 2002 FMN has experienced the following drawdowns:
- 40% or more: 2 times
- 30% or more: 3 times
- 20% or more: 5 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.02% | May 14, 2007 | 357 | Oct 10, 2008 | 201 | Jul 30, 2009 | 558 |
| -40.60% | Sep 21, 2021 | 530 | Oct 30, 2023 | Ongoing | Ongoing | Ongoing |
| -31.87% | Mar 6, 2020 | 8 | Mar 18, 2020 | 102 | Aug 12, 2020 | 110 |
| -24.86% | Oct 1, 2012 | 219 | Aug 16, 2013 | 447 | May 28, 2015 | 666 |
| -21.45% | Sep 13, 2010 | 89 | Jan 19, 2011 | 192 | Oct 21, 2011 | 281 |
| -17.99% | Aug 1, 2016 | 566 | Oct 29, 2018 | 230 | Sep 30, 2019 | 796 |
| -16.66% | Oct 6, 2009 | 20 | Nov 3, 2009 | 189 | Aug 5, 2010 | 209 |
| -13.73% | Sep 8, 2005 | 48 | Nov 15, 2005 | 191 | Aug 21, 2006 | 239 |
| -13.41% | Mar 26, 2004 | 38 | May 20, 2004 | 74 | Sep 7, 2004 | 112 |
| -8.91% | Mar 9, 2012 | 5 | Mar 16, 2012 | 10 | Mar 30, 2012 | 15 |
| -8.90% | Dec 27, 2002 | 37 | Feb 21, 2003 | 44 | Apr 25, 2003 | 81 |
| -8.36% | Jun 24, 2003 | 47 | Aug 29, 2003 | 91 | Jan 9, 2004 | 138 |
| -6.91% | Aug 13, 2020 | 16 | Sep 4, 2020 | 80 | Dec 30, 2020 | 96 |
| -6.63% | May 28, 2015 | 36 | Jul 20, 2015 | 63 | Oct 16, 2015 | 99 |
| -5.72% | Feb 10, 2012 | 4 | Feb 16, 2012 | 15 | Mar 9, 2012 | 19 |
| -5.40% | Feb 11, 2021 | 7 | Feb 23, 2021 | 35 | Apr 14, 2021 | 42 |
| -5.19% | Aug 17, 2009 | 10 | Aug 31, 2009 | 2 | Sep 2, 2009 | 12 |
| -4.58% | Oct 25, 2011 | 11 | Nov 9, 2011 | 9 | Nov 22, 2011 | 20 |
| -4.46% | Feb 2, 2005 | 27 | Mar 14, 2005 | 35 | May 3, 2005 | 62 |
| -4.28% | Jul 14, 2005 | 11 | Jul 29, 2005 | 17 | Aug 23, 2005 | 28 |
| -4.06% | Oct 21, 2004 | 45 | Dec 27, 2004 | 13 | Jan 13, 2005 | 58 |
| -3.98% | Jun 2, 2021 | 6 | Jun 10, 2021 | 18 | Jul 7, 2021 | 24 |
| -3.91% | Jul 16, 2021 | 4 | Jul 22, 2021 | 3 | Jul 27, 2021 | 7 |
| -3.67% | Aug 20, 2021 | 14 | Sep 10, 2021 | 5 | Sep 17, 2021 | 19 |
| -3.63% | Jan 4, 2021 | 5 | Jan 11, 2021 | 19 | Feb 8, 2021 | 24 |