Federated Hermes Premier Municipal Income Fund to Issue Monthly Dividend of $0.04 (NYSE:FMN)

Posted by Francis Steltz on Aug 10th, 2026

Federated Hermes Premier Municipal Income Fund (NYSE:FMN – Get Free Report) declared a monthly dividend on Monday, August 10th. Stockholders of record on Friday, August 21st will be paid a dividend of 0.045 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Friday, August 21st.

Federated Hermes Premier Municipal Income Fund Trading Down 0.4%

FMN traded down $0.05 during midday trading on Monday, reaching $11.14. 25,606 shares of the company’s stock traded hands, compared to its average volume of 24,814. Federated Hermes Premier Municipal Income Fund has a 52 week low of $10.56 and a 52 week high of $11.76. The firm has a fifty day moving average of $11.27 and a two-hundred day moving average of $11.20.

Federated Hermes Premier Municipal Income Fund Company Profile

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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.