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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 10/09/2026 |
$9.92 |
$10.08 |
$9.92 |
$10.02 |
50.40K | | 10/12/2026 |
$10.11 |
$10.11 |
$9.97 |
$9.97 |
35.80K | | 10/13/2026 |
$10.07 |
$10.13 |
$10.04 |
$10.08 |
19.60K | | 10/14/2026 |
$10.10 |
$10.10 |
$9.95 |
$9.97 |
43.70K | | 10/15/2026 |
$10.10 |
$10.25 |
$10.04 |
$10.23 |
34.20K |
 |
| Federated Hermes Premier Municipal Income Fund is a closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax. | |
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Federated Premier Municipal Income Fund (FMN) has the following price history information. Looking back at FMN historical stock prices for the last five trading days, on October 09, 2026, FMN opened at $9.92, traded as high as $10.08 and as low as $9.92, and closed at $10.02. Trading volume was a total of 50.40K shares. On October 12, 2026, FMN opened at $10.11, traded as high as $10.11 and as low as $9.97, and closed at $9.97. Trading volume was a total of 35.80K shares. On October 13, 2026, FMN opened at $10.07, traded as high as $10.13 and as low as $10.04, and closed at $10.08. Trading volume was a total of 19.60K shares. On October 14, 2026, FMN opened at $10.10, traded as high as $10.10 and as low as $9.95, and closed at $9.97. Trading volume was a total of 43.70K shares. On October 15, 2026, FMN opened at $10.10, traded as high as $10.25 and as low as $10.04, and closed at $10.23. Trading volume was a total of 34.20K shares.
FMN Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Federated Premier Municipal Income Fund shares, starting with a $10,000 purchase of FMN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/18/2016 |
|
| End date: |
10/15/2026 |
|
| Start price/share: |
$15.07 |
|
| End price/share: |
$10.23 |
|
| Starting shares: |
663.57 |
|
| Ending shares: |
1,054.88 |
|
| Dividends reinvested/share: |
$5.86 |
|
| Total return: |
7.91% |
|
| Average Annual Total Return: |
0.76% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,786.30 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/18/2016 |
|
| End date: |
10/15/2026 |
|
| Start price/share: |
$15.07 |
|
| End price/share: |
$10.23 |
|
| Dividends collected/share: |
$5.86 |
|
| Total return: |
6.79% |
|
| Average Annual Total Return: |
0.66% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,679.76 |
|
| Years: |
10.00 |
|
|
 |
| Date |
Close |
| 10/09/2026 | $10.02 | | 10/12/2026 | $9.97 | | 10/13/2026 | $10.08 | | 10/14/2026 | $9.97 | | 10/15/2026 | $10.23 |
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