#United States #Pittsburgh #Municipal Income Fund #Federated Hermes #FMN

Federated Hermes Premier Municipal Income Fund Announces New Dividend

On June 10, 2025, the Federated Hermes Premier Municipal Income Fund, trading under the ticker symbol NYSE: FMN, made an important announcement regarding its financial offerings. The fund declared a dividend aimed at providing its investors with a steady income stream that is exempt from federal income tax. Additionally, investors benefit from income that is exempt from the federal alternative minimum tax (AMT), enhancing the fund's appeal among tax-conscious investors.

Financial Details of the Dividend

The newly declared dividend stands at $0.0450 per share, which includes a modest increase of $0.0050 from the previous month. This increment reflects the fund's recent strategic adaptations, including a decrease in underlying leverage costs and an accumulation of undistributed net investment income that has been retained within the fund. These adjustments exemplify the fund's commitment to maximizing returns for its shareholders, especially in the current financial climate.

Key Dates to Remember

• - Record Date: June 23, 2025
• - Ex-Dividend Date: June 23, 2025
• - Payable Date: July 1, 2025

Investors are encouraged to mark these dates in their calendars to ensure eligibility for the upcoming dividend payment.

Annual Shareholders Meeting

In addition to the dividend announcement, Federated Hermes also revealed that the annual meeting for shareholders is scheduled for September 12, 2025. This meeting will provide investors with a platform to discuss the fund's performance, management strategies, and future objectives. It represents an opportunity for transparency and engagement between the fund’s management and its investors.

About Federated Hermes, Inc.

Federated Hermes is recognized as a global leader in active investment management. As of March 31, 2025, the firm manages approximately $839.8 billion in assets. It offers a diverse range of investment solutions that cater to various financial objectives, including equity, fixed-income, and alternative/private market strategies. The client base is extensive, comprising over 10,000 institutions and intermediaries worldwide, including corporations, government entities, and foundations.

The firm’s headquarters is located in Pittsburgh, with additional offices in major cities such as New York, Boston, and London. Their professional team of more than 2,000 employees is dedicated to delivering impactful results for clients, ensuring that they maximize their investment potential while minimizing risk.

For those interested in more detailed information regarding the fund's performance and investment strategies, further resources are available on the official website: FederatedHermes.com/us. This platform also includes access to comprehensive portfolio information and updates on market dynamics affecting municipal income funds.

Conclusion

The recent dividend announcement by the Federated Hermes Premier Municipal Income Fund not only reinforces its commitment to providing tax-efficient income for investors but also highlights its robust operational health and strategic management. As investors prepare for the upcoming dividend dates, they can also look forward to the annual meeting, where further insights into the fund's trajectory will be presented. It's a significant moment for current and prospective investors alike, as tax-exempt income becomes an increasingly vital component of their financial planning strategies.