FMN:NYE-Federated Premier Municipal Income Fund (USD)

ETF | Aerospace & Defense | New York Stock Exchange

Last Closing

USD 10.87

Change

-0.04 (-0.37)%

Market Cap

USD 0.09B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

To provide current income exempt from federal income tax, including alternative minimum tax. It will invest at least 80% of its total assets in investment-grade tax-exempt securities. Up to 20% of its assets may be invested in tax-exempt securities of below investment grade quality (but not lower than B). It may use derivative contracts for risk management purposes, and also invest in inverse floaters of tender-option bonds.

Inception Date: 20/12/2002

Primary Benchmark: BBgBarc Municipal TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 1.75%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-27 )

Largest Industry Peers for Aerospace & Defense

Symbol Name Mer Price(Change) Market Cap
GE GE Aerospace 0.00 %

-2.07 (-1.20%)

USD 182.23B
RTX Raytheon Technologies Corp 0.00 %

-0.33 (-0.28%)

USD 156.54B
BA The Boeing Company 0.00 %

+0.34 (+0.19%)

USD 115.17B
HWM Howmet Aerospace Inc 0.00 %

-1.30 (-1.16%)

USD 46.35B
LHX L3Harris Technologies Inc 0.00 %

-1.22 (-0.57%)

USD 40.50B
HEI-A HEICO Corporation 0.00 %

-0.64 (-0.34%)

USD 28.82B
HEI Heico Corporation 0.00 %

+0.38 (+0.16%)

USD 28.51B
TXT Textron Inc 0.00 %

-0.19 (-0.25%)

USD 15.33B
SARO StandardAero, Inc. 0.00 %

+0.08 (+0.31%)

USD 10.95B
BWXT BWX Technologies Inc 0.00 %

-0.48 (-0.42%)

USD 10.36B

ETFs Containing FMN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Aerospace & Defense) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.09% 33% F 35% F
Dividend Return 3.32% 90% A- 49% F
Total Return 2.23% 38% F 33% F
Trailing 12 Months  
Capital Gain -1.09% 33% F 35% F
Dividend Return 3.32% 90% A- 49% F
Total Return 2.23% 38% F 33% F
Trailing 5 Years  
Capital Gain -22.69% 29% F 25% F
Dividend Return 18.71% 88% B+ 61% D-
Total Return -3.98% 35% F 24% F
Average Annual (5 Year Horizon)  
Capital Gain -3.40% 15% F 18% F
Dividend Return -0.35% 12% F 19% F
Total Return 3.05% 85% B 64% D
Risk Return Profile  
Volatility (Standard Deviation) 19.86% 88% B+ 55% F
Risk Adjusted Return -1.75% 12% F 19% F
Market Capitalization 0.09B 68% D+ 83% B

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.