Federated Hermes Premier Municipal Income Fund declares dividend

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax‑free dividend of $0.0450 per share with a record and ex‑dividend date of Nov. 21, 2025 and a payable date of Dec. 1, 2025.

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax‑free dividend of $0.0450 per share with a record and ex‑dividend date of Nov. 21, 2025 and a payable date of Dec. 1, 2025. The distribution is exempt from regular federal income tax and the federal alternative minimum tax (AMT).

The announcement notes senior portfolio manager Lee Cunningham II will retire April 1, 2026, while R.J. Gallo will remain on the fund. Federated Hermes reported $871.2 billion AUM as of Sept. 30, 2025.

Positive

• Dividend declared of $0.0450 per share
• Dividend is federal tax‑exempt and AMT‑exempt
• Payable Dec. 1, 2025 with Nov. 21, 2025 record/ex‑dividend date

Negative

• Dividend unchanged from previous month ($0.0000 change)
• Senior portfolio manager retiring on Apr. 1, 2026

Argus Nov 10 session

+0.42% close to close Open Argus

Details

News Market Reaction – FHI

On Nov 10, the day this news came out, FHI closed 0.42% above the previous close.

Data tracked by StockTitan Argus for the Nov 10 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

11/10/2025 - 09:01 AM

PITTSBURGH, Nov. 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:	Nov. 21, 2025
Ex-Dividend Date:	Nov. 21, 2025
Payable Date:	Dec. 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.

Lee Cunningham II, senior portfolio manager on Federated Hermes Premier Municipal Income Fund, will retire April 1, 2026. R.J. Gallo, Deputy CIO for Global Fixed Income and Senior Portfolio Manager, will remain on the fund.

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $871.2 billion in assets under management, as of Sept. 30, 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.

###

View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302610208.html

SOURCE Federated Hermes, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Federated Hermes Premier Municipal Income Fund (FMN) declare for Nov. 2025?

FMN declared a tax‑free dividend of $0.0450 per share with record and ex‑dividend date Nov. 21, 2025.

When will Federated Hermes Premier Municipal Income Fund (FMN) pay the declared dividend?

The dividend is payable on Dec. 1, 2025.

Is the FMN dividend taxable at the federal level or subject to AMT?

The dividend is reported as exempt from regular federal income tax and exempt from the federal AMT.

Who is leaving Federated Hermes Premier Municipal Income Fund and when is the retirement effective?

Senior portfolio manager Lee Cunningham II will retire April 1, 2026.

What assets under management does Federated Hermes report as of Sept. 30, 2025?

Federated Hermes reported $871.2 billion AUM as of Sept. 30, 2025.