Federated Hermes Premier Municipal Income Fund declares dividend

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a tax-exempt dividend of $0.0450 per share, unchanged from the prior month. Record and ex-dividend date are Jan. 23, 2026, and the payable date is Feb. 2, 2026. The fund seeks to provide dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT).

Effective Feb. 27, 2026, the fund will add two portfolio managers—Ann Ferentino, CFA, and Derek Plaski, CFA—anticipating the retirement of senior portfolio manager Lee Cunningham II on April 1, 2026. Federated Hermes, Inc. (NYSE: FHI) reported $871.2 billion AUM as of Sept. 30, 2025.

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PITTSBURGH, Jan. 12, 2026 /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:	Jan. 23, 2026
Ex-Dividend Date:	Jan. 23, 2026
Payable Date:	Feb. 2, 2026
Amount	Change From Previous Month
$0.0450	$0.0000

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

In anticipation of the retirement of Lee Cunningham II, senior portfolio manager, on April 1, 2026, Federated Hermes will add two portfolio managers to Federated Hermes Premier Municipal Income Fund, effective Feb. 27, 2026. R.J. Gallo, Deputy CIO for Global Fixed Income and Senior Portfolio Manager, will remain on the fund.

• Ann Ferentino, CFA, senior portfolio manager and co-head of the Municipal Bond Group. Ferentino has been with Federated Hermes for 31 years and has 28 years of investment experience.
• Derek Plaski, CFA, associate portfolio manager and senior investment analyst. Plaski has nine years of investment experience, including seven years at Federated Hermes.

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.

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View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302658551.html

SOURCE Federated Hermes, Inc.

FAQ

What dividend did Federated Hermes Premier Municipal Income Fund (FMN) declare for Jan. 2026?

The fund declared a $0.0450 per share tax-free dividend for Jan. 2026, unchanged from the prior month.

When is the record and payable date for FMN's Jan. 2026 dividend?

The record and ex-dividend date are Jan. 23, 2026, and the payable date is Feb. 2, 2026.

Does FMN's dividend pay federal tax-exempt income and is it AMT-exempt?

Yes; the fund seeks to provide dividend income exempt from regular federal income tax and also features income exempt from the federal AMT.

Who will join FMN's portfolio management team and when is the change effective?

Ann Ferentino, CFA, and Derek Plaski, CFA, will be added as portfolio managers effective Feb. 27, 2026, ahead of Lee Cunningham II's retirement on April 1, 2026.

What is Federated Hermes, Inc.'s (FHI) assets under management reported in the release?

Federated Hermes reported $871.2 billion in assets under management as of Sept. 30, 2025.