NYSE:FMN

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

$11.01
+0.02 (+0.18%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$10.98
$11.04
50-Day Range
$10.92
$11.23
52-Week Range
$9.09
$11.31
Volume
14,900 shs
Average Volume
20,481 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
3.81%
Price Target
N/A

About Federated Hermes Premier Municipal Income Fund

Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

FMN Stock Price History

FMN Stock News Headlines

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Company Calendar

Ex-Dividend for 4/1 Dividend
3/21/2024
Dividend Payable
4/01/2024
Ex-Dividend for 5/1 Dividend
4/22/2024
Today
4/29/2024
Dividend Payable
5/01/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.81 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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FMN Stock Analysis - Frequently Asked Questions

How have FMN shares performed in 2024?

Federated Hermes Premier Municipal Income Fund's stock was trading at $10.99 on January 1st, 2024. Since then, FMN stock has increased by 0.2% and is now trading at $11.01.
View the best growth stocks for 2024 here
.

Are investors shorting Federated Hermes Premier Municipal Income Fund?

Federated Hermes Premier Municipal Income Fund saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 17,800 shares, an increase of 57.5% from the March 31st total of 11,300 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.9 days.
View Federated Hermes Premier Municipal Income Fund's Short Interest
.

How often does Federated Hermes Premier Municipal Income Fund pay dividends? What is the dividend yield for Federated Hermes Premier Municipal Income Fund?

Federated Hermes Premier Municipal Income Fund announced a monthly dividend on Wednesday, April 10th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.035 per share on Wednesday, May 1st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Monday, April 22nd.
Read our dividend analysis for FMN
.

Is Federated Hermes Premier Municipal Income Fund a good dividend stock?

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) pays an annual dividend of $0.42 per share and currently has a dividend yield of 4.28%. FMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FMN.

What ETF holds Federated Hermes Premier Municipal Income Fund's stock?

Saba Closed-End Funds ETF holds 125,047 shares of FMN stock, representing 1.58% of its portfolio.

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

Federated Hermes Premier Municipal Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.00%), Capital Market Strategies LLC (0.00%), Blue Bell Private Wealth Management LLC (0.00%) and American National Bank (0.00%). Insiders that own company stock include J Christopher Donahue and Saba Capital Management, LP.
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.
Compare Top Brokerages Here.

This page (NYSE:FMN) was last updated on 4/29/2024 by MarketBeat.com Staff

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