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Federated Hermes Premier Municipal (FMN) Stock News

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 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.

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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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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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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 $11.06 as of May 20, 2026.

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

The market cap of Federated Hermes Premier Municipal (FMN) is approximately 87.0M.