Welcome to our dedicated page for Federated Hermes news (Ticker: FHI), a resource for investors and traders seeking the latest updates and insights on Federated Hermes stock.
Federated Hermes Inc (NYSE: FHI) generates news flow typical of a diversified asset management firm, with quarterly earnings releases, fund performance updates, and corporate developments forming the regular cadence of announcements. As a publicly traded investment manager, the company reports on assets under management trends that reflect both market movements and net client flows.
The firm's news frequently covers acquisition activity as Federated Hermes pursues growth through strategic purchases of specialized investment managers. These transactions expand capabilities in areas like real estate, private credit, and alternative investments, adding new revenue streams to the existing platform.
Dividend announcements from the company's closed-end funds, particularly municipal income funds, appear regularly as these products distribute income to shareholders on monthly schedules. These announcements matter to income-focused investors tracking the funds.
Leadership transitions and organizational changes receive coverage given their potential impact on investment team continuity and firm strategy. Portfolio manager changes at major funds warrant attention from investors evaluating the stability of their holdings.
Following FHI news provides insight into broader asset management industry trends, including institutional investor preferences, fee pressures, and the growing importance of ESG and stewardship in investment decision-making. Bookmark this page to track developments at one of the industry's prominent responsible investing firms.
Federated Hermes (NYSE: FHI) has announced the availability of monthly fund composition and performance data for its Premier Municipal Income Fund (NYSE: FMN) as of February 28, 2025. The data can be accessed through the Products section of FederatedHermes.com/us.
The company, a prominent player in active investment management, manages $829.6 billion in assets as of December 31, 2024. Based in Pittsburgh, Federated Hermes serves over 10,000 institutions and intermediaries worldwide, offering diverse investment solutions including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies. The firm employs more than 2,000 professionals across offices in London, New York, Boston, and other global locations.
Federated Hermes (NYSE: FHI) has won multiple 2025 LSEG Lipper Fund Awards for consistently strong risk-adjusted performance across several funds. The awards recognize performance through November 30, 2024.
Key achievements include:
- MDT Mid Cap Growth Fund won awards for 3-, 5-, and 10-year performance periods
- MDT All Cap Core Fund outperformed in Multi-Cap Core Funds category over 5 years
- Conservative Municipal Microshort Fund led Short Municipal Debt Funds category for 3 years
- Corporate Bond Strategy Portfolio topped Corporate Debt BBB-Rated category for 10 years
The company manages $829.6 billion in assets as of December 31, 2024, serving over 10,000 institutions worldwide. The MDT investment team, with over 80 years combined experience, manages $14.2 billion using a quantitative, bottom-up approach. The municipal management team oversees approximately $23 billion in municipal strategies.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced a dividend declaration. The fund aims to provide investors with tax-exempt dividend income from regular federal income tax and federal alternative minimum tax (AMT).
Federated Hermes (NYSE: FHI), the fund's parent company, manages $829.6 billion in assets as of December 31, 2024. The global investment management firm serves over 10,000 institutions and intermediaries worldwide, offering various investment strategies including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management. The company employs more than 2,000 people across offices in Pittsburgh, London, New York, Boston, and other global locations.
Federated Hermes (NYSE: FHI), a global leader in active investment management, has filed its annual report on Form 10-K with the SEC for the fiscal year ended December 31, 2024. The company reported $829.6 billion in assets under management as of December 31, 2024.
The company serves over 10,000 institutions and intermediaries worldwide, providing equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies. Their client base includes corporations, government entities, insurance companies, foundations, endowments, banks, and broker/dealers.
Federated Hermes maintains a global presence with more than 2,000 employees across offices in Pittsburgh (headquarters), London, New York, Boston, and worldwide locations.
Federated Hermes (NYSE: FHI), a global investment management leader with $829.6 billion in assets under management, announced that President and CEO J. Christopher Donahue will present at the 2025 RBC Capital Markets Global Financial Institutions Conference.
The presentation is scheduled for March 4, 2025, from 10:40 to 11:10 a.m. ET. Investors can access the live webcast through FederatedHermes.com/us, with registration required at least 15 minutes before the presentation.
The company serves over 10,000 institutions and intermediaries worldwide, offering equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies. With headquarters in Pittsburgh, Federated Hermes employs more than 2,000 people across offices in London, New York, Boston, and worldwide.
Federated Hermes (NYSE: FHI) has announced the availability of monthly fund composition and performance data for the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of January 31, 2025. The data can be accessed in the Products section of FederatedHermes.com/us.
Investors can obtain hard copies of this data by calling 800-245-0242 x5587538, emailing CEinfo@federatedhermes.com, or writing to their Pittsburgh address. The company manages $829.6 billion in assets as of December 31, 2024, serving over 10,000 institutions and intermediaries worldwide with various investment solutions including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies.
With more than 2,000 employees across offices in London, New York, Boston, and worldwide, Federated Hermes specializes in active, responsible investment management for diverse clients including corporations, government entities, insurance companies, foundations, endowments, and banks.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced its latest dividend declaration. The fund, which aims to provide tax-exempt dividend income from regular federal income tax and federal alternative minimum tax (AMT), will distribute $0.0400 per share. The dividend remains unchanged from the previous month.
The key dates for this dividend are: Record Date and Ex-Dividend Date: February 21, 2025, and Payable Date: March 3, 2025. Federated Hermes, Inc. (NYSE: FHI), the fund's manager, currently oversees $829.6 billion in assets as of December 31, 2024, serving over 10,000 institutions and intermediaries worldwide.
Federated Hermes (NYSE: FHI) announced key changes in its fixed-income team. Kathryn Glass has been appointed as co-head of the Domestic High Yield Group alongside Mark Durbiano. The high-yield team, consisting of 16 professionals, manages approximately $13 billion in US high-yield fixed income strategies, part of the firm's $98 billion in fixed-income assets.
The company also announced portfolio manager changes due to Jeff Kozemchak's retirement in May 2025. Ann Ferentino will join as portfolio manager for Municipal Ultrashort Fund and Short-Intermediate Municipal Fund, while Michael Sirianni Jr. will join the New York Municipal Cash Trust team. The municipal investment team manages about $23 billion in municipal strategies.
Federated Hermes currently manages $829.6 billion in total assets as of December 31, 2024, serving over 10,000 institutions and intermediaries worldwide.
Federated Hermes (NYSE: FHI) reported Q4 2024 earnings with EPS of $1.04, up from $0.96 in Q4 2023, while full-year 2024 EPS decreased to $3.23 from $3.40 in 2023. The company achieved record total assets under management of $829.6 billion, representing a 10% increase from the previous year.
The company's money market assets reached a record $630.3 billion, up 13% year-over-year. Equity assets remained relatively flat at $79.4 billion, while fixed-income assets increased 3% to $98.1 billion. Alternative/private markets assets decreased 8% to $18.9 billion.
The board declared a quarterly dividend of $0.31 per share, payable on February 14, 2025. During Q4 2024, the company purchased 552,533 shares of Class B common stock for $22.1 million, bringing the total 2024 share repurchases to 4,012,017 shares for $133.6 million.
Federated Hermes (NYSE: FHI) has announced the availability of monthly fund composition and performance data for the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of December 31, 2024. The data can be accessed in the Products section of FederatedHermes.com/us.
Investors can obtain hard copies of this data or join a mailing list by calling 800-245-0242 x5587538, emailing CEinfo@federatedhermes.com, or writing to their Pittsburgh address. The company manages $800.5 billion in assets as of September 30, 2024, serving over 10,000 institutions and intermediaries worldwide with various investment solutions including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies.
With headquarters in Pittsburgh and offices in London, New York, Boston, and worldwide locations, Federated Hermes employs more than 2,000 people, focusing on active, responsible investment management.
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