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

Federated Hermes Premier Municipal Income Fund Declares Tax-Exempt Dividend

On September 10, 2026, Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced the declaration of a new dividend aimed at benefiting its investors. This fund is particularly attractive for those looking for current income that is exempt from regular federal income tax. Furthermore, it offers income that is not subject to the federal alternative minimum tax (AMT), thus enhancing its appeal to a wider range of investors.

Key Dividend Details

The latest dividend declaration includes the following important dates for shareholders:

• - Record Date: September 23, 2026
• - Ex-Dividend Date: September 23, 2026
• - Payable Date: October 1, 2026
• - Dividend Amount: $0.0450 per share
• - Change from Previous Month: $0.0000

These dividends are critical for income-focused investors who appreciate tax advantages that come with municipal bonds and funds. Given the complexities of today’s tax regulations, a tax-free dividend can significantly impact an investor's overall returns, particularly for higher-income individuals and entities in higher tax brackets.

Fund Management and Performance

Federated Hermes Inc., the managing entity of the Premier Municipal Income Fund, prides itself on being a global leader in investment management, boasting assets under management amounting to approximately $911.6 billion as of June 30, 2026. With a significant client base, including corporations, government entities, foundations, and individual investors, the company continues to deliver a wide range of investment solutions across multiple asset classes.

The firm is known for its active and responsible investment management approach, focusing not just on returns but also on creating positive outcomes for investors and society at large. Its comprehensive strategies include equity and fixed-income investments, alternative markets, and liquidity management techniques.

Insights on Tax-Exempt Investments

Tax-exempt investments, such as those offered by the Federated Hermes Premier Municipal Income Fund, are vital components of a diversified investment portfolio. They not only provide income but also mitigate tax liabilities, allowing investors to retain more of their earnings. This makes them especially appealing in today's economic climate, where tax laws can be dynamically changing and affecting individual investment returns.

Investors are encouraged to view further information regarding this fund's portfolio in the Products section of FederatedHermes.com/us. Knowledge of the current composition and performance of such funds will enable investors to make informed decisions.

Conclusion

In summary, the announcement of the new dividend by Federated Hermes Premier Municipal Income Fund represents a strategic opportunity for investors looking to optimize their investment portfolios. With tax exemptions on the dividends, the fund enhances the potential for keeping more earnings while still maintaining a focus on responsible investment practices. As investors assess their next steps, reports like these affirm the value found in municipal income funds, especially in a challenging economic environment.