Federated Premier Municipal Income Fund

Federated Hermes

PITTSBURGH , Nov. 15, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Oct. 31, 2024, is now available in the Products section of FederatedHermes.com/us . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.

Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH , Nov. 11, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

Federated Hermes Premier Municipal Income Fund declares dividend

PITTSBURGH , Oct. 15, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that in accordance with the terms of its tender offer, since the tender offer was oversubscribed, it will purchase 32% of its issued and outstanding common shares on a pro rata basis, with appropriate adjustment to avoid purchase of fractional shares (the "proration factor"). The purchase price is $12.67 per common share, which is 99% of the net asset value per common share determined as of the close of the regular trading session of the New York Stock Exchange on Oct. 11, 2024.

Federated Hermes Premier Municipal Income Fund announces final results of tender offer

PITTSBURGH , Oct. 14, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its tender offer for 3,679,390 of its issued and outstanding common shares, representing approximately 32% of its outstanding common shares, expired at 5 p.m. Eastern on Oct. 11, 2024.

Federated Hermes Premier Municipal Income Fund announces tender offer expiration

PITTSBURGH , Sept. 13, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that it commenced a tender offer for up to 32 percent of its outstanding common shares.

Federated Hermes Premier Municipal Income Fund commences tender offer for common shares

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), today announced that it has entered into a standstill agreement with Federated Investment Management Company, which is the investment advisor of the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) (the “Fund”). In connection with the agreement, the Fund will conduct a tender offer to purchase up to 32% of its outstanding common shares in cash. The tender offer will provide all.

Saba Capital Reaches Agreement With Federated Hermes

PITTSBURGH , Aug. 30, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that (subject to certain conditions) it will commence a cash tender offer for up to 32% of its outstanding common shares. The tender offer will provide all shareholders the opportunity to tender some or all of their common shares at a price per common share of 99% of the fund's net asset value (NAV) per share as determined on the day the tender offer expires or the preceding business day.

Federated Hermes Premier Municipal Income Fund announces tender offer

PITTSBURGH , June 10, 2024 /PRNewswire/ -- The Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its annual meeting of shareholders will be held on Friday, Nov. 8, 2024. Investors can view additional portfolio fund and portfolio information in the Products section of FederatedHermes.com/us.

Federated Hermes Premier Municipal Income Fund sets date for annual shareholders meeting

PITTSBURGH , Jan. 10, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustee

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance

Deutsche Strategic Municipal Income Trust

Western Asset Managed Municipals Fund

BlackRock MuniYield Quality Fund Inc

Nuveen Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

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Putnam Managed Municipal Income Trust

Pimco New York Municipal Income Fund

Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affected by increased leverage costs. Muni CEFs have upside potential once interest rates normalize, but individual munis offer lower risk and higher yields.

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BlackRock MuniYield Pennsylvania Quality Fund

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Oxford Lane Capital

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

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Invesco Pennsylvania Value Municipal Income Trust

Western Asset Diversified Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund

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Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

Quality Closed-End Fund Report, November 2022

Blackrock Long-Term Municipal Advantage Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

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BlackRock MuniVest Fund Inc

Nuveen Intermediate Duration Municipal Term Fund

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationary bust one. That means adding duration and quality.

CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?

PITTSBURGH , June 9, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

Federated Hermes Premier Municipal Income Fund declares dividend and announces change in leverage

PITTSBURGH, Jan. 28, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the fiscal year ended Nov. 30, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country.

Federated Hermes Premier Municipal Income Fund Reports Annual Earnings

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Apollo Tactical Income Fund, Inc.

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MFS Intermediate High Income Fund

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

Delaware Investments Dividend and Income Fund

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Western Asset Mortgage Opportunity Fund

Eaton Vance Floating-Rate 2022 Target Term Trust

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Gabelli Go Awhr Registered Shs

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Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week.

Weekly Closed-End Fund Roundup: Sept. 26, 2021

PITTSBURGH, Pa., Sept. 30, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that it plans to call and redeem all of its outstanding Auction Market Preferred Shares (AMPS) on or about Nov. 3, 2021.

Federated Hermes Premier Municipal Income Fund to call and redeem all outstanding Auction Market Preferred Shares

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BlackRock MuniAssets Fund

BlackRock MuniYield Quality Fund III Inc

BlackRock MuniYield New York Quality Fund Inc

Neuberger Berman Intermediate Municipal Fund Inc

Nuveen Enhanced Municipal Value Fund

Nuveen Georgia Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal Value Fund Inc

Nuveen New Jersey Quality Municipal Income Fund

Nuveen Select Tax-Free Income Portfolio 3

Pimco Municipal Income Fund II

Pimco New York Municipal Income Fund II

The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively cheap. Making swaps makes sense to rotate into the better opportunities and see more discount closing tailwinds.

More Relative Value Trades And Opportunities: Munis

PITTSBURGH, July 29, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country.

Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings

PITTSBURGH, Pa., June 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund (NYSE: FMN) as of May 31, 2020, is now available in the Products section of FederatedInvestors.com. To order...

Month-End Portfolio Data Now Available for Federated Premier Municipal Income Fund

PITTSBURGH, June 3, 2020 /PRNewswire/ -- Federated Premier Municipal Income Fund (NYSE: FMN) intends to change its name to Federated Hermes Premier Municipal Income Fund. The name change is expected to become effective at the close of business on June 26, 2020. On Feb. 13, 2020, in...

Federated Premier Municipal Income Fund to Change Name

PITTSBURGH, May 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund (NYSE: FMN) as of April 30, 2020, is now available in the Products section of FederatedInvestors.com. To order...

Month-End Portfolio Data  Now Available for Federated Premier Municipal Income Fund

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News for Federated Premier Municipal Income Fund ETF (FMN)