Welcome to our dedicated page for Federated Hermes Premier Municipal Income Fund news (Ticker: FMN), a resource for investors and traders seeking the latest updates and insights on Federated Hermes Premier Municipal Income Fund stock.
Federated Hermes Premier Municipal Income Fund reports recurring fund developments for a NYSE-listed closed-end municipal bond fund focused on current dividend income exempt from regular federal income tax and the federal alternative minimum tax. News commonly centers on monthly tax-free dividend declarations, record and payable dates, distribution levels, and portfolio-related updates for the fund.
The fund’s updates may also address capital-structure matters such as Variable Municipal Term Preferred Shares and related leverage actions, along with portfolio management changes connected to its municipal income strategy.
Summary not available.
Federated Hermes Premier Municipal Income Fund (FMN) announced a tax-free dividend of $0.054 per share, with a record date of Feb. 23, 2021 and a payable date of March 1, 2021. This dividend is exempt from both regular federal income tax and the federal alternative minimum tax (AMT). Additionally, the fund's by-laws have been amended to strengthen governance, requiring large shareholders (10% threshold) to receive approval from remaining shareholders before voting. Shareholders should refer to the full by-laws for comprehensive details.
Federated Hermes Premier Municipal Income Fund (FMN) reported its earnings for the fiscal year ending November 30, 2020. The fund achieved net investment income of $7.61 million (or $0.66 per share), with net realized and unrealized gains of $1.07 million (or $0.09 per share). As of November 30, 2020, FMN's total portfolio assets stood at $292.9 million, with a net asset value per share of $15.49. The fund has maintained a monthly tax-free dividend since February 2003.
Summary not available.
Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend of $0.054 per share, effective February 1, 2021. The record date is set for January 22, 2021, with an ex-dividend date on January 21, 2021. This fund aims to provide investors with current income exempt from federal income tax and the alternative minimum tax (AMT). As a global investment manager, Federated Hermes maintains $614.8 billion in assets under management as of September 30, 2020.
Summary not available.
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.
Summary not available.
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.
Summary not available.