Federated Hermes Premier Municipal Income Fund (NYSE:FMN – Get Free Report) declared a monthly dividend on Tuesday, November 10th. Investors of record on Monday, November 23rd will be paid a dividend of $0.0450 per share on Tuesday, December 1st. This represents a $0.54 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, November 23rd.
Federated Hermes Premier Municipal Income Fund Price Performance
NYSE FMN traded down $0.03 during trading hours on Wednesday, reaching $10.54. 795 shares of the company’s stock were exchanged, compared to its average volume of 28,549. The company’s 50-day moving average is $10.36 and its two-hundred day moving average is $10.98. Federated Hermes Premier Municipal Income Fund has a one year low of $9.77 and a one year high of $11.76.
About Federated Hermes Premier Municipal Income Fund
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) is a closed-end investment fund that seeks to provide current income exempt from regular federal income tax. It pursues this objective primarily by investing in municipal securities. The fund’s portfolio may include bonds issued by U.S. state and local governments and their agencies or other public entities. Its investments provide financing for public purposes, while the fund offers investors exposure to the municipal bond market. Federated Investment Management Company, an affiliate of Federated Hermes, manages the fund.
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