Federated Hermes Premier Municipal Income Fund (FMN)

• Market cap: $83M
• 1 day: -0.09%
• 5 days: 0.28%
• 1 month: -1.03%
• 3 months: -2.84%
• 6 months: -5.93%
• Year to date: -3.37%
• 1 year: -6.76%
• 5 years: -20.57%
• 10 years: -26.30%
• Sector: Financials
• Industry: Asset Management

About: Federated Hermes Premier Municipal Income Fund is a United States-based diversified, closed-end management investment company. The investment objective of the fund is to provide current income exempt from federal income tax, including the federal alternative minimum tax by investing in long-term, tax exempt municipal bonds diversified among states, sectors and issuers. Its portfolio of investments comprises different sectors such as hospitals, toll road, senior care, airport, tobacco, and other sectors.

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

9% more capital invested

Capital invested by funds: $22.2M [Q4 2024] → $24.2M (+$2.02M) [Q1 2025]

1.68% more ownership

Funds ownership: 17.71% [Q4 2024] → 19.39% (+1.68%) [Q1 2025]

9% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 11

5% less funds holding

Funds holding: 41 [Q4 2024] → 39 (-2) [Q1 2025]

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6