FMN vs. USA
Compare and contrast key facts about Federated Hermes Premier Municipal Income Fund (FMN) and Liberty All-Star Equity Fund (USA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMN or USA.
Correlation
The correlation between FMN and USA is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FMN vs. USA - Performance Comparison
Key characteristics
FMN:
0.52
USA:
1.29
FMN:
0.80
USA:
1.84
FMN:
1.11
USA:
1.23
FMN:
0.18
USA:
2.23
FMN:
0.87
USA:
7.20
FMN:
5.60%
USA:
2.48%
FMN:
9.28%
USA:
13.88%
FMN:
-49.01%
USA:
-69.06%
FMN:
-22.56%
USA:
-1.95%
Fundamentals
Returns By Period
In the year-to-date period, FMN achieves a 4.04% return, which is significantly higher than USA's 3.71% return. Over the past 10 years, FMN has underperformed USA with an annualized return of 2.25%, while USA has yielded a comparatively higher 12.63% annualized return.
FMN
4.04%
1.71%
-2.03%
4.84%
-0.95%
2.25%
USA
3.71%
-0.72%
8.65%
18.39%
11.16%
12.63%
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Risk-Adjusted Performance
FMN vs. USA — Risk-Adjusted Performance Rank
FMN
USA
FMN vs. USA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Premier Municipal Income Fund (FMN) and Liberty All-Star Equity Fund (USA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FMN vs. USA - Dividend Comparison
FMN's dividend yield for the trailing twelve months is around 3.96%, less than USA's 10.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMN Federated Hermes Premier Municipal Income Fund | 3.65% | 4.06% | 4.04% | 5.30% | 4.31% | 4.16% | 4.40% | 5.57% | 5.21% | 6.09% | 5.94% | 6.23% |
USA Liberty All-Star Equity Fund | 10.09% | 10.22% | 9.56% | 12.11% | 9.67% | 9.26% | 9.88% | 12.81% | 9.01% | 9.43% | 9.66% | 6.61% |
Drawdowns
FMN vs. USA - Drawdown Comparison
The maximum FMN drawdown since its inception was -49.01%, smaller than the maximum USA drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for FMN and USA. For additional features, visit the drawdowns tool.
Volatility
FMN vs. USA - Volatility Comparison
Federated Hermes Premier Municipal Income Fund (FMN) and Liberty All-Star Equity Fund (USA) have volatilities of 2.64% and 2.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
FMN vs. USA - Financials Comparison
This section allows you to compare key financial metrics between Federated Hermes Premier Municipal Income Fund and Liberty All-Star Equity Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities