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.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a dividend of $0.0380 per share, reflecting a $0.0030 increase from the previous month. The dividend is exempt from federal income tax and federal alternative minimum tax (AMT). The record date is June 21, 2024, and the payable date is July 1, 2024. The increase is attributed to higher portfolio income from reinvestment at higher market yields and stabilized financing costs, as the Federal Reserve has held interest rates steady since July 2023. Federated Hermes, a global leader in investment management, manages $778.7 billion in assets as of March 31, 2024, and offers various investment solutions to over 10,000 institutions worldwide.
Federated Hermes, a global leader in active investment management, announced the release of monthly fund composition and performance data for the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of April 30, 2024. This data is accessible on the company's website. Federated Hermes manages $778.7 billion in assets and offers various investment solutions. Headquartered in Pittsburgh, it employs over 2,000 people globally.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend to provide investors with current dividend income exempt from regular federal income tax and the federal alternative minimum tax (AMT). The dividend per share amount has changed from the previous month. Investors can access additional portfolio information on FederatedHermes.com/us.
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