#United States #Pittsburgh #Federated Hermes #Municipal Income #dividend payment

Federated Hermes Premier Municipal Income Fund Dividend Announcement

On April 10, 2026, the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced the declaration of a dividend, appealing to investors with its tax-exempt offerings. This dividend is aimed at providing current income that is exempt from federal income tax, a significant advantage for investors seeking to maximize their after-tax returns.

Key Details of the Dividend

• - Tax-Free Dividend Per Share: $0.0450
• - Record Date: April 23, 2026
• - Ex-Dividend Date: April 23, 2026
• - Payable Date: May 1, 2026

This dividend declaration reflects a commitment by Federated Hermes to offer financial products that serve the needs of a wide range of investors. Additionally, it is essential to note that this income is exempt from the federal alternative minimum tax (AMT), further enhancing its attractiveness.

Redemption of Variable Municipal Term Preferred Shares (VMTPS)

In alignment with its investment strategy, on April 2, 2026, the Federated Hermes Premier Municipal Income Fund redeemed 200 Variable Municipal Term Preferred Shares (VMTPS). This action reduces the fund's outstanding leverage position, potentially leading to a more robust financial foundation for future investments.

Investors interested in the specifics of the fund's portfolio and other investment products are encouraged to explore the comprehensive details available on FederatedHermes.com/us.

Federated Hermes Overview

Federated Hermes, Inc., the parent company of the Federated Hermes Premier Municipal Income Fund, is a prestigious player in the global capital markets, boasting a substantial management portfolio worth approximately $902.6 billion as of December 31, 2025. The company’s approach encompasses a diverse range of investment solutions designed to cater to varying investor needs, which include equity, fixed-income, alternative/private markets, multi-asset strategies, and liquidity management.

With a client base that spans over 11,000 institutions and intermediaries worldwide—such as corporations, government entities, insurance companies, and foundations—Federated Hermes stands as a beacon of reliability and innovation in investment management. Headquartered in Pittsburgh, the firm maintains a significant global presence with over 2,000 employees based in critical financial hubs, including London, New York, and Boston.

In conclusion, the announcement of the dividend by the Federated Hermes Premier Municipal Income Fund demonstrates the firm’s dedication to delivering value to its investors, reinforcing its position as a leader in active investment management. As always, prospective investors should conduct thorough research and consider their financial situations before making investment decisions.

For further insights and updates on the latest offerings from Federated Hermes, visit their official website.