Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustees [Yahoo! Finance]
Federated Hermes Premier Municipal Income Fund (FMN)
US:NYSE Investor Relations:
federatedinvestors.com/fii/closedendfunds/details/overview.do?basketid=10461
Company Research
Source: Yahoo! Finance
The dividend increase is due to higher portfolio income from a shift towards higher-yielding securities. Additionally, the fund announced changes to its Board of Trustees, with three new independent trustees joining on January 1, 2025, and two retiring on December 31, 2024. PITTSBURGH Dec. 10, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT). Tax-Free Dividend Per Share Record Date: Dec. 23, 2024 Ex-Dividend Date: Dec. 23, 2024 Payable Date: Jan. 2, 2025 Amount Change From Previous Month The dividend increase is the result of higher portfolio income resulting from a reduction in the portfolio weight of mid- and high-quality securities and a corresponding increase in higher yielding BBB and lower rated secu
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Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form SC
- 11/12/24 - Form 4
- FMN's page on the SEC website