What if you'd held FMN?
A $1,000 investment in Federated Hermes Premier Municipal Income Fund (FMN) at the month-end close of 2002-12 would be worth $2,788 at the close of 2026-09 — +178.8% total return, dividends reinvested. The same $1,000 in the S&P 500, dividends reinvested, would be worth $13,716.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-09, dividends included.
Every year, $1,000 from 2002
| Year | Value of $1,000 | Year return |
|---|---|---|
| 2002 | $1,000 | — |
| 2003 | $1,005 | +0.5% |
| 2004 | $1,074 | +6.9% |
| 2005 | $1,184 | +10.2% |
| 2006 | $1,325 | +11.9% |
| 2007 | $1,217 | -8.1% |
| 2008 | $885 | -27.3% |
| 2009 | $1,570 | +77.5% |
| 2010 | $1,514 | -3.6% |
| 2011 | $1,849 | +22.1% |
| 2012 | $2,077 | +12.3% |
| 2013 | $1,826 | -12.1% |
| 2014 | $2,136 | +16.9% |
| 2015 | $2,330 | +9.1% |
| 2016 | $2,307 | -1.0% |
| 2017 | $2,440 | +5.8% |
| 2018 | $2,248 | -7.9% |
| 2019 | $2,703 | +20.3% |
| 2020 | $2,967 | +9.7% |
| 2021 | $3,143 | +5.9% |
| 2022 | $2,304 | -26.7% |
| 2023 | $2,517 | +9.2% |
| 2024 | $2,598 | +3.3% |
| 2025 | $2,772 | +6.7% |
| 2026 | $2,788 | +0.6% |
Best and worst month-end to buy
The best single month-end close to have bought FMN was 2008-12 ($3.46): $1,000 then is $3,150 today. The worst was 2021-08 ($12.82): $1,000 then is $850.
FAQ
What would $1,000 in FMN be worth today?
A $1,000 investment in Federated Hermes Premier Municipal Income Fund (FMN) at the start of 2002 would be worth about $2,788 today, a total return of +178.8%. Dividends are reinvested in these figures.
What were the best and worst years for FMN?
Federated Hermes Premier Municipal Income Fund (FMN)'s strongest calendar year since 2002 was 2009, a +77.5% return — $1,000 held through that year became about $1,775 by year-end. Its weakest year was 2008, at -27.3%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in FMN have grown?
Investing $100 at the end of every month since 2002-12 would have grown to about $44,871 on $28,600 invested.
Did FMN beat the S&P 500?
Over the same period, $1,000 in the S&P 500 with dividends reinvested (the S&P 500 Total Return index) would be worth $13,716. FMN trailed the S&P 500 by +79.7% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Federated Hermes Premier Municipal Income Fund (FMN) historical total-return data from 2002-12 to 2026-09, reduced to month-end closes for the tables above.
Returns use adjusted close prices — adjusted for stock splits and reinvested dividends, the same convention used by major brokerages. End-of-day and live prices come from EODHD; parts of the deep historical series are carried over from Yahoo Finance data. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (EODHD): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via EODHD and Yahoo Finance. As of 2026-09-04. Not financial advice.