Federated Hermes Premier Municipal Income Fund (FMN)
| Market Value | 127.51M |
| Revenue (ttm) | 10.49M |
| Net Income (ttm) | 5.36M |
| Shares Out | 11.50M |
| EPS (ttm) | 0.47 |
| PE Ratio | 23.80 |
| Forward PE | n/a |
| Dividend | $0.46 (4.11%) |
| Ex-Dividend Date | Oct 23, 2024 |
| Volume | 26,539 |
| Open | 11.11 |
| Previous Close | 11.13 |
| Day's Range | 11.09 - 11.13 |
| 52-Week Range | 10.15 - 12.53 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FMN
Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Pre... [Read more]
News
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
PITTSBURGH , Nov. 15, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Her...
Federated Hermes Premier Municipal Income Fund declares dividend
PITTSBURGH , Nov. 11, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is ...
Federated Hermes Premier Municipal Income Fund announces final results of tender offer
PITTSBURGH , Oct. 15, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that in accordance with the terms of its tender offer, since the tender offer was ...
Federated Hermes Premier Municipal Income Fund announces tender offer expiration
PITTSBURGH , Oct. 14, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its tender offer for 3,679,390 of its issued and outstanding common shares, r...
Federated Hermes Premier Municipal Income Fund commences tender offer for common shares
PITTSBURGH , Sept. 13, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that it commenced a tender offer for up to 32 percent of its outstanding common s...
Saba Capital Reaches Agreement With Federated Hermes
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), today announced that it has entered into a standstill agreement with Federated Investment Ma...
Federated Hermes Premier Municipal Income Fund announces tender offer
PITTSBURGH , Aug. 30, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that (subject to certain conditions) it will commence a cash tender offer for up t...
Federated Hermes Premier Municipal Income Fund sets date for annual shareholders meeting
PITTSBURGH , June 10, 2024 /PRNewswire/ -- The Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its annual meeting of shareholders will be held on Friday, Nov. 8, 2024. ...
Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustee
PITTSBURGH , Jan. 10, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is ...
Municipal Bond CEF Update Aug 2023: Valuations Are Incredible
Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affecte...
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...
Federated Hermes Premier Municipal Income Fund declares dividend and announces change in leverage
PITTSBURGH , June 9, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is e...
Federated Hermes Premier Municipal Income Fund Reports Annual Earnings
PITTSBURGH, Jan. 28, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the fiscal year ended Nov. 30, 2021. Established in 2002, the fund see...
Federated Hermes Premier Municipal Income Fund to call and redeem all outstanding Auction Market Preferred Shares
PITTSBURGH, Pa., Sept. 30, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that it plans to call and redeem all of its outstanding Auction Market Prefer...
More Relative Value Trades And Opportunities: Munis
The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively c...
Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings
PITTSBURGH, July 29, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund...
Month-End Portfolio Data Now Available for Federated Premier Municipal Income Fund
PITTSBURGH, Pa., June 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund (NYSE: FMN) as of M...
Federated Premier Municipal Income Fund to Change Name
PITTSBURGH, June 3, 2020 /PRNewswire/ -- Federated Premier Municipal Income Fund (NYSE: FMN) intends to change its name to Federated Hermes Premier Municipal Income Fund. The name change is expected t...
Month-End Portfolio Data Now Available for Federated Premier Municipal Income Fund
PITTSBURGH, May 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund (NYSE: FMN) as of April 3...
