FMN News and Press, Federated Premier Municipal Income Fund From 02/10/21

Federated Hermes Premier Municipal Income Fund declares dividend and announces amendment and restatement of by-laws PR Newswire PITTSBURGH, Pa. , Feb. 10, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The...

Municipal bonds have done well since the election, since a Democratic Administration is typically good for additional state and local relief, even more badly needed this year thanks to the pandemic. Also, it's pretty clear higher taxes in some form or fashion are on the way, whether i...

Federated Hermes Premier Municipal Income Fund (FMN): FY GAAP NII of $0.66.Press Release For further details see: Federated Hermes Premier Municipal Income Fund reports FY results

Federated Hermes Premier Municipal Income Fund reports annual earnings PR Newswire PITTSBURGH , Feb. 1, 2021 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the fiscal year ended Nov. 30, 2020 . The fund...

The price of risk is what investors demand as a premium, an extra return over and above what they can make on a guaranteed investment (risk free), to invest in a risky asset. Corporate bonds are traded, and as a consequence, and you can use traded prices to estimate default spreads in...

Despite 2020's many challenges, the Bloomberg Barclays Municipal Bond Index was up 5.2%, with returns that were even more compelling for the second half of the year, across the credit spectrum. During the year, we expect net supply to turn negative as more bonds mature or more bonds t...

The municipal securities most affected by the pandemic were in the sectors of transportation, hospitality and entertainment, higher education, and healthcare; and most of these sectors did receive CARES Act funding. Moody's notes that although COVID-19 continues to weigh on credit qua...

17 out of 23 CEF sectors positive on price and 19 out of 23 sectors positive on NAV last week. PPR tender offer expires on January 4, 2021, and our Tactical Income-100 portfolio is tendering all shares. NHF's extended tender offer also expired. For further details see: W...

The new Administration's tax proposals, in year one, total some $3.9 trillion, according to Moody's Analytics estimates. Yields on munis sank to 1.14%, which is their lowest since 1979. Also, the municipal bond spread to Treasuries is near historic lows. Yields have gone up somewh...

The bond fund outflows of March followed the downdraft in oil prices caused by the onset of the pandemic, which caused the sharp sell-off in the stock market. The rebound at the end of March was one of the most vigorous muni rallies ever witnessed. Muni yields across the board are...