Company Federated Hermes Premier Municipal Income Fund

Equities

FMN

US31423P1084

Closed End Funds

Market Closed - Nyse 21:00:02 26/06/2024 BST 5-day change 1st Jan Change
11.35 USD -0.09% Intraday chart for Federated Hermes Premier Municipal Income Fund -0.53% +3.28%

Business Summary

Federated Hermes Premier Municipal Income Fund (the Fund) is a 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 (AMT). The Fund normally invests substantially all (at least 90%) of its total assets in tax-exempt securities, and normally invests at least 80% of its total assets in investment grade tax-exempt securities. The Fund may invest up to 20% of its total assets in tax-exempt securities of below investment grade quality (but not lower than B, including modifiers, sub-categories or gradations). The Fund invests in various sectors, including hospital, tobacco, toll road, senior care, airport, water and sewer, and other utility. The Fund’s investment advisor is Federated Investment Management Company.

Managers

Managers TitleAgeSince
President 75 30/11/02
Compliance Officer 49 30/06/15
Chief Investment Officer 61 31/01/10
Treasurer 57 31/03/13
General Counsel 64 31/12/04

Members of the board

Members of the board TitleAgeSince
President 75 30/11/02
Director/Board Member 67 30/04/16
Director/Board Member 75 31/12/13
Director/Board Member 73 31/07/09
Director/Board Member 66 30/11/02
Director/Board Member 73 30/09/06
Director/Board Member 69 31/12/15
Director/Board Member - 12-31
Director/Board Member 68 31/10/20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 11,498,091 11,490,755 ( 99.94 %) 0 99.94 %

Shareholders

NameEquities%Valuation
Saba Capital Management LP
14.36 %
1,650,924 14.36 % 18 M $
Saba Capital Management LP
14.18 %
1,630,390 14.18 % 18 M $
RiverNorth Capital Management LLC
4.983 %
572,867 4.983 % 6 M $
AJM Ventures LLC
3.315 %
381,094 3.315 % 4 M $
1607 Capital Partners LLC
2.761 %
317,397 2.761 % 4 M $
Hennion & Walsh Asset Management, Inc.
2.295 %
263,851 2.295 % 3 M $
Advisor Partners II LLC
2.262 %
260,028 2.262 % 3 M $
Security Investors LLC
1.988 %
228,523 1.988 % 3 M $
Merrill Lynch, Pierce, Fenner & Smith, Inc.
1.627 %
187,114 1.627 % 2 M $
City of London Investment Management Co. Ltd.
1.572 %
180,728 1.572 % 2 M $
NameEquities%Valuation
2,272 69.52 % 25 219 $

Company contact information

Federated Hermes Premier Municipal Income Fund

4000 Ericsson Drive

15086-7561, Warrendale

+412-288-1900

http://www.federatedinvestors.com/products/closed-end-funds/premier-municipal-income.do
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