Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced its monthly dividend declaration. The fund will distribute a tax-free dividend of $0.0450 per share, maintaining the same amount as the previous month. The dividend is payable on August 1, 2025, with a record and ex-dividend date of July 23, 2025.

The fund aims to provide investors with current dividend income that is exempt from both regular federal income tax and federal alternative minimum tax (AMT). Federated Hermes, Inc. (NYSE: FHI), the fund's manager, currently oversees $839.8 billion in assets as of March 31, 2025.

Positive

• Tax-free dividend maintained at $0.0450 per share
• Income exempt from both federal income tax and AMT
• Backed by Federated Hermes with $839.8B in assets under management

Negative

• None.

News Market Reaction

+0.92%

1 alert

+0.92% News Effect

On the day this news was published, FHI gained 0.92%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PITTSBURGH, July 10, 2025 /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 exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).

Tax-Free Dividend Per Share
Record Date:	July 23, 2025
Ex-Dividend Date:	July 23, 2025
Payable Date:	Aug. 1, 2025

Amount	Change From Previous Month
$0.0450	$0.0000

Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $839.8 billion in assets under management, as of March 31, 2025. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 10,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com/us.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302502442.html

SOURCE Federated Hermes, Inc.

FAQ

When is the next FMN dividend payment date?

The dividend will be paid on August 1, 2025, with a record and ex-dividend date of July 23, 2025.

How much is Federated Hermes Premier Municipal Income Fund's (FMN) dividend?

The fund declared a tax-free dividend of $0.0450 per share, unchanged from the previous month.

Is FMN's dividend subject to federal income tax?

No, the fund's dividend income is exempt from both regular federal income tax and federal alternative minimum tax (AMT).

What is Federated Hermes' (FHI) total assets under management?

Federated Hermes manages $839.8 billion in assets as of March 31, 2025.

How can investors access more information about FMN's portfolio?

Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.