Federated Hermes Premier Municipal Income Fund (FMN) Stock Price, News & Analysis

Company Overview

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a closed-end management investment company that seeks to provide a high level of current income exempt from regular federal income tax, consistent with the preservation of capital. The fund primarily invests in a diversified portfolio of municipal securities, including investment-grade bonds, pre-refunded municipal obligations, variable rate demand obligations and related instruments. It may also allocate a portion of its assets to cash equivalents and repurchase agreements for liquidity and duration management.

The fund’s portfolio emphasizes quality and creditworthiness, focusing on sectors such as transportation, utilities, education and healthcare. Geographic exposure is broad across U.S. states and territories, allowing the fund to pursue income opportunities in municipal credits issued by local and state governments. The investment team employs fundamental research and rigorous credit analysis to identify bonds that offer attractive yields while aiming to mitigate default risk.

Managed by the fixed-income specialists at Federated Hermes, Inc., FMN benefits from a disciplined approach to risk management and active duration oversight. The team combines market insights with long-standing relationships in the municipal market to navigate changing interest-rate environments and credit cycles, with the goal of delivering stable, tax-advantaged income to shareholders.

Key Stats

• Today's Range: $10.95 to $11.00
• 50-Day Range: $10.42 to $11.05
• 52-Week Range: $10.11 to $12.51
• Volume: 11,438 shs
• Average Volume: 33,392 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 1.73%
• Price Target: N/A
• Consensus Rating: N/A

FMN Stock Analysis - Frequently Asked Questions

How have FMN shares performed this year?

Federated Hermes Premier Municipal Income Fund's stock was trading at $10.91 on January 1st, 2025. Since then, FMN stock has increased by 0.6% and is now trading at $10.98.

Who are Federated Hermes Premier Municipal Income Fund's major shareholders?

Federated Hermes Premier Municipal Income Fund's top institutional shareholders include Guggenheim Capital LLC, Bank of America Corp DE, Matisse Capital and Riverbridge Partners LLC. Insiders that own company stock include Saba Capital Management, LP and Of America Corp /De/ Bank.
View institutional ownership trends.

How do I buy shares of Federated Hermes Premier Municipal Income Fund?

Shares of FMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Record date for 9/2 Dividend: 8/22/2025
• Ex-Dividend for 9/2 Dividend: 8/22/2025
• Dividend Payable: 9/02/2025
• Record date for 10/1 Dividend: 9/23/2025
• Ex-Dividend for 10/1 Dividend: 9/23/2025
• Today: 9/24/2025
• Dividend Payable: 10/01/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:FMN
• CIK: 1199004
• Web: www.federatedinvestors.com
• Phone: 412-288-1900
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.91 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A