Welcome to our dedicated page for Federated Hermes Premier Municipal SEC filings (Ticker: FMN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a diversified, closed-end management investment company that invests in long-term, tax-exempt municipal bonds. As a closed-end fund listed on a national exchange, it provides regulatory disclosures through filings with the U.S. Securities and Exchange Commission (SEC). These filings explain how the fund pursues its objective of providing current income exempt from regular federal income tax and from the federal alternative minimum tax (AMT).
On this page, investors can review FMN’s SEC filings alongside AI-powered tools that help interpret the information. When available, annual reports on Form 10-K and semiannual or quarterly reports describe the fund’s municipal bond holdings, sector allocations and risk factors. Registration statements and other disclosure documents outline the fund’s investment policies, use of leverage and fee structure, while shareholder reports discuss portfolio changes and distribution details.
For investors interested in governance and oversight, proxy materials and related filings provide information about board matters and shareholder votes. If there are any insider-related disclosures or other material updates filed with the SEC, they can also be accessed here.
Stock Titan’s platform enhances these documents with AI-generated summaries that highlight key points from lengthy reports, helping users focus on the sections most relevant to their analysis. Real-time updates from the SEC’s EDGAR system ensure that new filings for FMN appear promptly, while AI insights can assist in understanding how reported information relates to the fund’s objective of tax-exempt municipal income.
Bank of America Corporation and its affiliate Banc of America Preferred Funding Corporation filed Amendment No. 8 to update their ownership of the Variable Municipal Term Preferred Shares of Federated Hermes Premier Municipal Income Fund.
After the issuer redeemed 200 VMTPS shares on April 2, 2026 at a redemption price equal to the liquidation preference plus accumulated but unpaid dividends, the reporting persons now beneficially own 1,147 Variable Municipal Term Preferred Shares, representing 100.0% of this preferred share class. The amendment primarily refreshes ownership, voting and dispositive power disclosures and replaces certain schedules and exhibits, including a new joint filing agreement and powers of attorney.
Federated Hermes Premier Municipal Income Fund reported an indirect restructuring transaction involving its Variable Municipal Term Preferred Shares. On April 2, 2026, the fund redeemed 200 Variable Rate Municipal Preferred Shares (VMTPS) that were beneficially owned by Banc of America Preferred Funding Corporation, a wholly owned subsidiary of Bank of America Corporation.
The redeemed VMTPS shares were taken out at the liquidation preference plus accumulated but unpaid dividends, as described in a prior notice of intention to redeem securities. Following this redemption-related disposition, the reporting structure shows 1,147 VMTPS shares indirectly owned, reflecting an ongoing but reduced preferred position linked to Bank of America’s affiliate.
Federated Hermes Premier Municipal Income Fund portfolio manager Derek Plaski filed an initial insider ownership report. The Form 3 shows he holds no Common Shares of Beneficial Interest, with total shares following the reported date listed as 0.0000 in direct ownership.
Federated Hermes Premier Municipal Income Fund filed an initial insider ownership report for portfolio manager Ann G. Ferentino. The Form 3 shows she held 0 Common Shares of Beneficial Interest directly following the reporting date, indicating no reportable equity position in the fund at that time.
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation report beneficial ownership of 369,913 common shares of Federated Hermes Premier Municipal Income Fund, equal to 3.22% of the fund’s outstanding common shares.
The group reports no power to vote these shares and only shared power to dispose of them. Most shares are held in unit investment trusts sponsored by First Trust Portfolios L.P. and in other investment vehicles advised by First Trust Advisors L.P. The firms state that the holdings are in the ordinary course of business and are not intended to change or influence control of the fund. Each reporting person disclaims beneficial ownership of the reported shares.
Federated Hermes Premier Municipal Income Fund delivered a 1.12% total return at net asset value and 3.11% at market price for the year ended November 30, 2025. Returns combined tax-exempt income with modest price declines, as long-term municipal yields stayed above starting levels.
The fund paid $0.51 per common share in tax-exempt income and increased its monthly dividend to $0.045 from June 2025. At period-end, the market price was $11.15 versus a $12.51 NAV, a 10.87% discount, with a 4.84% dividend yield and 7.69% taxable-equivalent yield.
Total portfolio assets were $165.1 million, including $97.8 million attributable to common shareholders and $67.35 million of variable-rate municipal term preferred shares used for leverage. The portfolio remained primarily investment grade, with 84.3% in BBB or higher, a 7.1-year duration and wide diversification across municipal sectors.