Federated Hermes Premier Municipal Income Fund (FMN)
11.17
-0.02
(-0.18%)
USD |
NYSE |
Dec 11, 16:00
11.23
+0.06
(+0.54%)
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 |
|---|---|---|---|
| 3.65% | -9.83% | -- | 37597.10 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 26.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income by investing primarily in securities that pay interest exempt from federal income tax, including AMT. Under normal circumstances, the Fund will maintain a dollar-weighted average portfolio maturity of 15 to 30 years and a dollar-weighted average duration of 7 to 13 years. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -69.31% |
| Stock | 0.00% |
| Bond | 169.3% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income by investing primarily in securities that pay interest exempt from federal income tax, including AMT. Under normal circumstances, the Fund will maintain a dollar-weighted average portfolio maturity of 15 to 30 years and a dollar-weighted average duration of 7 to 13 years. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |