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Federated Hermes Premier Municipal Inc Stock Price, News & Analysis

FMN NYSE

Welcome to our dedicated page for Federated Hermes Premier Municipal news (Ticker: FMN), a resource for investors and traders seeking the latest updates and insights on Federated Hermes Premier Municipal stock.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a diversified, closed-end management investment company that focuses on tax-exempt municipal bond income. Public announcements emphasize that the fund seeks to provide current dividend income exempt from regular federal income tax and from the federal alternative minimum tax (AMT), making its distributions a central topic in its news flow.

News coverage for FMN frequently highlights its dividend declarations. These items typically detail the tax-free dividend per share, record date, ex-dividend date, payable date and any noted change from the previous month’s dividend level. Such updates help investors follow the fund’s distribution pattern and understand how its municipal bond portfolio supports ongoing dividend payments.

In addition to dividend information, news releases may address developments related to the fund’s management and governance. Examples include announcements about portfolio manager changes, such as retirements and the addition of new managers, as well as notices about annual shareholder meetings. These updates provide insight into the fund’s oversight and the professionals responsible for its municipal bond strategy.

Because FMN invests in long-term, tax-exempt municipal bonds diversified among states, sectors and issuers, its news stream can be useful for investors who monitor tax-exempt income strategies and closed-end municipal bond funds. Regularly reviewing FMN-related news allows investors to track dividend declarations, management updates and other fund-level developments that are disclosed through public communications.

Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.054 per share, marking no change from the previous month. The record date for this dividend is set for Dec. 23, 2020, with an ex-dividend date of Dec. 22, 2020, and a payable date on Jan. 4, 2021. This dividend is exempt from regular federal income tax and alternative minimum tax, making it attractive for investors seeking tax-free income.

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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) announced a monthly dividend of $0.054 per share, exempt from federal income tax and alternative minimum tax (AMT). The record date for this dividend is November 23, 2020, with the ex-dividend date on November 20, 2020, and payment scheduled for December 1, 2020. The fund aims to provide current dividend income while managing a total of $614.8 billion in assets.

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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (FMN) has announced a dividend of $0.054 per share, with a record date of October 23, 2020 and an ex-dividend date of October 22, 2020. The payment date is set for November 2, 2020. This dividend is designed to provide investors with income exempt from federal income tax, including the alternative minimum tax (AMT). Federated Hermes, Inc. (FHI) manages $628.8 billion in assets as of June 30, 2020, focusing on responsible investing across various market strategies.

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Rhea-AI Summary

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a monthly tax-exempt dividend of $0.054 per share, marking a $0.004 increase from the previous month. The record date for this dividend is September 23, 2020, with an ex-dividend date of September 22, 2020 and a payable date on October 1, 2020. This fund aims to provide investors with current income exempt from federal income tax and the federal alternative minimum tax (AMT).

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Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced a $0.050 tax-free dividend per share, with a record date of August 21, 2020 and an ex-dividend date of August 20, 2020. The dividend is exempt from federal income tax and the alternative minimum tax, benefiting investors seeking tax-efficient income. The payable date for the dividend is set for September 1, 2020.

Federated Hermes, Inc. (NYSE: FHI) manages $628.8 billion in assets as of June 30, 2020, and emphasizes responsible investing.

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Federated Hermes Premier Municipal Income Fund (FMN) reported earnings for the six-month period ending May 31, 2020. The fund generated $3.6 million in net investment income, translating to $0.31 per common share. However, it faced net realized and unrealized losses of $7.6 million, or $0.66 per share. FMN maintained a net asset value of $14.70 and a market price of $13.45 at the period's end. The monthly dividend of $0.05 per common share remained unchanged since February 2003.

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FAQ

What is the current stock price of Federated Hermes Premier Municipal (FMN)?

The current stock price of Federated Hermes Premier Municipal (FMN) is $11.215 as of January 15, 2026.

What is the market cap of Federated Hermes Premier Municipal (FMN)?

The market cap of Federated Hermes Premier Municipal (FMN) is approximately 87.7M.
Federated Hermes Premier Municipal Inc

NYSE:FMN

FMN Rankings

FMN Stock Data

87.70M
11.50M
0.09%
37%
0.27%
Asset Management
Financial Services
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United States
Pittsburgh