Federated Hermes, Inc. reports developments in active investment management across liquidity management, equity, fixed-income, alternative/private markets and multi-asset strategies for institutional and intermediary clients. Recurring updates cover earnings, managed-asset levels and flows, money market and equity asset trends, quarterly common-stock dividends, investor conference participation and shareholder-meeting matters.
Company news also includes product and platform actions, including dividends for Federated Hermes Premier Municipal Income Fund, leverage changes at that fund, leadership succession within investment-management units and completed acquisitions such as Federated Hermes FCP Manager, LLC, which expanded the firm's U.S. real estate and private-markets capabilities.
Federated Hermes (FHI) released results of its 2026 RIA and Independent Advisor Survey on advisor technology use, AI and allocation trends.
The U.S. survey of 300 client-facing advisors (each overseeing at least $25 million) shows nearly half view better use of technology to reach or engage clients as their top business concern. 56% see artificial intelligence as an opportunity and 8% as a threat, with 70% expecting AI to improve practice efficiency and 61% expecting more time for client engagement or business development. A majority 53% of advisors aged 60+ are concerned about an aging client base, while about 48% of retail clients are 60–80 years old.
For the first time, ETFs represent a larger share of average client portfolios than mutual funds (29% vs. 26%), and 64% of advisors plan to increase ETF allocations while 45% expect to reduce mutual funds. Alternatives remain about 2% or less of portfolios, but 26% of advisors use them in a moderate portion of accounts and 22% are open to learning more. Federated Hermes reports $911.6 billion in assets under management as of June 30, 2026 and about $3 billion in ETF assets across 12 actively managed strategies as of Aug. 30, 2026.
Federated Hermes (FHI) announced that monthly composition and performance data as of August 31, 2026, for Federated Hermes Premier Municipal Income Fund (FMN) is now available in the Products section of FederatedHermes.com.
Investors can access updated portfolio information for the municipal income fund online. Federated Hermes reports $911.6 billion in assets under management as of June 30, 2026, serving more than 11,000 institutions and intermediaries worldwide.
Federated Hermes Premier Municipal Income Fund (FMN) declared a monthly tax-free dividend of $0.0450 per share. The dividend is exempt from regular federal income tax and the federal alternative minimum tax. The record date and ex-dividend date are Sept. 23, 2026, and the dividend is payable on Oct. 1, 2026. The amount is unchanged from the previous month.
Federated Hermes (NYSE: FHI) announced a strategic alliance with Singapore-based Conduit Digital Holdings to create a regulated tokenized distribution structure for a money market fund in Asia-Pacific. A Conduit-managed fund will invest in the Federated Hermes Short-Term U.S. Prime Fund, with its shares then tokenized and offered to institutional and wholesale investors in APAC.
The Short-Term U.S. Prime Fund is an actively managed, UCITS-authorized money market fund investing in high-quality, U.S. dollar-denominated short-term debt. This is Federated Hermes’ first digital assets initiative in APAC and follows earlier tokenization partnerships and its announced Hong Kong expansion. Federated Hermes reported US$676.9 billion in money market assets and US$911.6 billion in total assets under management as of June 30, 2026.
Federated Hermes (NYSE: FHI) announced that month-end portfolio composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of July 31, 2026 is now available in the Products section of FederatedHermes.com/us.
According to Federated Hermes, the firm managed $911.6 billion in assets as of June 30, 2026 and provides equity, fixed-income, alternative/private markets, multi-asset and liquidity strategies to more than 11,000 institutional and intermediary clients worldwide.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a monthly tax-free dividend of $0.0450 per share. The dividend is exempt from regular federal income tax and the federal alternative minimum tax (AMT). The record and ex-dividend date are Aug. 21, 2026, with payment on Sept. 1, 2026. Federated Hermes (NYSE: FHI) reports $911.6 billion in assets under management as of June 30, 2026.
Federated Hermes (NYSE: FHI) reported Q2 2026 diluted EPS of $1.38, up from $1.16 in Q2 2025, on net income of $104.3 million. Total revenue rose 18% year over year to $502.8 million, while operating income increased to $132.9 million.
Total assets under management reached a record $911.6 billion at June 30, 2026, up 8% year over year. Equity AUM hit a record $109.6 billion (+23% YoY), fixed income was $100.5 billion, alternatives/private markets $21.6 billion and money market assets $676.9 billion.
The company completed the acquisition of a majority interest in U.S. real estate manager FCP Fund Manager, L.P., contributing $3.2 billion of alternative assets and $13.9 million of Q2 2026 revenue. The board declared a quarterly dividend of $0.38 per share and the company repurchased 1,119,805 Class B shares for $58.9 million during the quarter.
Federated Hermes (NYSE: FHI) announced that month-end portfolio composition and performance data for the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of June 30, 2026 is now available in the Products section of FederatedHermes.com/us.
The company reports $907.1 billion in assets under management as of March 31, 2026, serving more than 11,000 institutional and intermediary clients worldwide.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax-free dividend of $0.0450 per share, unchanged from the previous month. The dividend has a record and ex-dividend date of July 23, 2026, and is payable on August 3, 2026.
The fund seeks to provide income exempt from regular federal income tax and the federal alternative minimum tax (AMT). Federated Hermes (NYSE: FHI) reported $907.1 billion in assets under management as of March 31, 2026.
Federated Hermes (NYSE:FHI) will release second quarter 2026 financial and operating results for the period ended June 30, 2026 after market close on Thursday, July 30, 2026. Management will discuss results on a conference call at 9 a.m. ET, Friday, July 31, 2026.
Dial-in access is available domestically at 877-545-0523 and internationally at 973-528-0016, with real-time and replay webcasts via FederatedHermes.com/us. According to the company, assets under management were $907.1 billion as of March 31, 2026, serving more than 11,000 clients worldwide.