Free Trial
NYSE:FMN

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

$11.16
+0.03 (+0.27%)
(As of 05/28/2024 ET)
Today's Range
$11.15
$11.27
50-Day Range
$10.92
$11.40
52-Week Range
$9.09
$11.42
Volume
31,869 shs
Average Volume
21,106 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
3.76%
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

See More Headlines
Receive FMN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Federated Hermes Premier Municipal Income Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/1 Dividend
4/22/2024
Dividend Payable
5/01/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Today
5/28/2024
Dividend Payable
6/03/2024

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
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

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 shares have increased by 1.6% and is now trading at $11.1650.
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 May. As of May 15th, there was short interest totaling 53,500 shares, an increase of 12.9% from the April 30th total of 47,400 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 2.6 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 Friday, May 10th. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.035 per share on Monday, June 3rd. This represents a $0.42 annualized dividend and a dividend yield of 3.76%. The ex-dividend date is Wednesday, May 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 1.25% 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 many different retail and institutional investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.00%), City of London Investment Management Co. Ltd. (0.00%), Alpine Global Management LLC (0.00%), ProVise Management Group LLC (0.00%), Whitebox Advisors LLC (0.00%) and Capital Market Strategies LLC (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 5/29/2024 by MarketBeat.com Staff

From Our Partners