Federated Hermes Premier Municipal Income Fund (FMN)
11.01
+0.06
(+0.55%)
USD |
NYSE |
Apr 19, 16:00
11.01
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
3.64% | -11.62% | 142.46M | 15725.53 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
4.20% | 39.00% | -6.196M | Upgrade |
Basic Info
Investment Strategy | |
The funds investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax (AMT).The Fund seeks to achieve its investment objective by investing primarily in securities that, in the opinion of bond counsel to the issuer, or on the basis of another authority believed by the Adviser to be reliable, pay interest exempt from federal income tax, including AMT. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Federated Advisers |
Prospectus Benchmark Index | |
S&P Municipal Bond TR | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Lee Cunningham | 21.30 yrs |
Richard Gallo | 21.30 yrs |
Performance Versus Category
As of April 18, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 18, 2024.
Basic Info
Investment Strategy | |
The funds investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax (AMT).The Fund seeks to achieve its investment objective by investing primarily in securities that, in the opinion of bond counsel to the issuer, or on the basis of another authority believed by the Adviser to be reliable, pay interest exempt from federal income tax, including AMT. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Federated Advisers |
Prospectus Benchmark Index | |
S&P Municipal Bond TR | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Lee Cunningham | 21.30 yrs |
Richard Gallo | 21.30 yrs |