Bank of America fully holds FMN VMTPS in Federated Hermes (NYSE: FMN)

Rhea-AI Filing Summary

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.

Key Figures

Beneficial ownership: 1,147 Variable Municipal Term Preferred Shares Ownership percentage: 100.0% of class Redeemed shares: 200 Variable Municipal Term Preferred Shares +4 more

7 metrics

Beneficial ownership 1,147 Variable Municipal Term Preferred Shares Shares beneficially owned by reporting persons after April 2, 2026 redemption

Ownership percentage 100.0% of class Percent of Variable Municipal Term Preferred Shares represented by 1,147 shares

Redeemed shares 200 Variable Municipal Term Preferred Shares Number of VMTPS shares redeemed by issuer on April 2, 2026

Shared voting power 1,147 shares Shares over which reporting persons have shared voting power

Shared dispositive power 1,147 shares Shares over which reporting persons have shared dispositive power

Amendment number Amendment No. 8 Latest amendment to original Schedule 13D for these securities

Date of triggering event April 2, 2026 Date of partial redemption that changed ownership percentage

Key Terms

Variable Municipal Term Preferred Shares, beneficially owned, Schedule 13D, Notice of Intention to Redeem Securities, N-23C-2, +2 more

6 terms

Variable Municipal Term Preferred Shares financial

"Title of Class of Securities: Variable Municipal Term Preferred Shares"

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 1,147.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Schedule 13D regulatory

"the statement on , dated January 1, 2011 and filed with the SEC on January 11, 2011 (as amended to the date hereof, the "Original ")"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

Notice of Intention to Redeem Securities, N-23C-2 regulatory

"as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by the Issuer"

liquidation preference financial

"for a redemption price of the liquidation preference and accumulated but unpaid dividends"

A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.

joint filing agreement regulatory

"the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement"

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Accepted by SEC EDGAR 04/06/2026 - 05:16 PM Learn about SEC filing dates

FAQ

What did Bank of America disclose about Federated Hermes (FMN) preferred shares?

Bank of America and its affiliate reported updated beneficial ownership of 1,147 Variable Municipal Term Preferred Shares of Federated Hermes Premier Municipal Income Fund, reflecting changes after a partial redemption by the fund on April 2, 2026.

How many Federated Hermes (FMN) VMTPS shares does Bank of America now own?

Bank of America and Banc of America Preferred Funding Corporation now beneficially own 1,147 Variable Municipal Term Preferred Shares. The filing states this amount represents 100.0% of the outstanding class of these specific preferred shares.

What event triggered this Schedule 13D/A Amendment No. 8 for FMN?

The amendment was triggered by the partial redemption of 200 Variable Municipal Term Preferred Shares by Federated Hermes Premier Municipal Income Fund on April 2, 2026, which changed the reporting persons’ ownership percentage of that preferred share class.

At what price were the 200 FMN VMTPS shares redeemed?

The 200 Variable Municipal Term Preferred Shares were redeemed at a redemption price equal to the liquidation preference plus accumulated but unpaid dividends. The filing does not state a specific dollar amount, only this pricing formula.

What voting and dispositive powers does Bank of America report over FMN VMTPS?

The reporting persons disclose 0 sole voting and dispositive power and 1,147 shared voting and shared dispositive power over the Variable Municipal Term Preferred Shares, indicating these powers are exercised jointly rather than individually.

Which entities are the reporting persons in this FMN Schedule 13D/A amendment?

The reporting persons are Bank of America Corporation, a Delaware corporation, and its affiliate Banc of America Preferred Funding Corporation, also organized in Delaware. Both report their beneficial ownership and shared voting and dispositive powers over the preferred shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 8)

Federated Hermes Premier Municipal Income Fund

(Name of Issuer)

Variable Municipal Term Preferred Shares

(Title of Class of Securities)

31423P504

(CUSIP Number)

Bank of America Corporation
Bank of America Corporate Center, 100 N. Tryon Street
Charlotte, NC, 28255
980-388-3188

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/02/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 31423P504

1

Name of reporting person

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,147.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,147.00

11

Aggregate amount beneficially owned by each reporting person

1,147.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

100.0 %

14

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13D

CUSIP Number(s): 31423P504

1

Name of reporting person

Banc of America Preferred Funding Corp

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,147.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,147.00

11

Aggregate amount beneficially owned by each reporting person

1,147.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

100.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Variable Municipal Term Preferred Shares
(b)	Name of Issuer: Federated Hermes Premier Municipal Income Fund
(c)	Address of Issuer's Principal Executive Offices: 4000 ERICSSON DRIVE, WARRENDALE, PENNSYLVANIA , 15086-7561.
Item 1 Comment: This Amendment No. 8 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated January 1, 2011 and filed with the SEC on January 11, 2011 (as amended to the date hereof, the "Original Schedule 13D"), for Bank of America Corporation ("BAC") and Banc of America Preferred Funding Corporation ("BAPFC") (collectively, the "Reporting Persons") with respect to the variable municipal term preferred shares ("VMTPS" Shares) of Federated Hermes Premier Municipal Income Fund (the "Issuer"). This Amendment is being filed to report a change in the Reporting Persons ownership percentage of the Issuer as a result of the partial redemption of 200 VMTPS Shares on April 2, 2026, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by the Issuer with the SEC on March 30, 2026
Item 2.	Identity and Background
(c)	Item 2(c) of the Original Schedule 13D is hereby amended by: deleting Schedule I referenced therein and replacing it with Schedule I included with this Amendment.
(d)	Item 2(d) of the Original Schedule 13D is hereby amended by: deleting Schedule II referenced therein and replacing it with Schedule II included with this Amendment.
Item 5.	Interest in Securities of the Issuer
(a)	Paragraph (a) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment.
(b)	Paragraph (a) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment.
(c)	Paragraph (c) of Item 5 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: The 200 VMTPS shares held by BAPFC were redeemed by the Issuer on April 2, 2026, for a redemption price of the liquidation preference and accumulated but unpaid dividends and as result of the redemption, the Reporting Persons now own 1,147 VMTPS Shares.
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Power of Attorney 99.2 Power of Attorney (BAPFC) 99.7 Schedule I 99.8 Schedule II

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	Andres Ortiz
Name/Title:	Authorized Signatory
Date:	04/06/2026

Banc of America Preferred Funding Corp

Signature:	Andres Ortiz
Name/Title:	Authorized Signatory
Date:	04/06/2026