FMN News and Press, Federated Premier Municipal Income Fund From 06/24/22

CEF discounts continue to meander without direction for most of the last few months (outside the mid-May one-week swoon). In terms of valuations, senior loans are the cheapest, followed by Limited Duration and Global Income. High yield and Investment grade round out the top 5 cheapest...

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) declares $0.041/share monthly dividend, -24.1% decrease from prior dividend of $0.054. Forward yield 4.11% Payable July 1; for shareholders of record June 23; ex-div June 22. See FMN Dividend Scorecard, Yield Chart, & Dividend...

Federated Hermes Premier Municipal Income Fund declares dividend and announces change in leverage PR Newswire PITTSBURGH , June 9, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to p...

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) had declared $0.054/share monthly dividend, in line with previous. Payable June 1; for shareholders of record May 23; ex-div May 20. See FMN Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Fe...

Rating agencies reported that upgrades outpaced downgrades in 2021. The decline in the stock market produced concern that pension funding may decline, and the rise in inflation may reduce benefits. The shorter bonds can be sold to take advantage of large outflows from mutual funds...

Federated Hermes Premier Municipal Income Fund (NYSE:FMN) declares $0.54/share monthly dividend, in line with previous. Forward yield 47.65% Payable March 1; for shareholders of record Feb. 23; ex-div Feb. 22. See FMN Dividend Scorecard, Yield Chart, & Dividend Growth. For further ...

Federated Hermes Premier Municipal Income Fund Reports Annual Earnings PR Newswire PITTSBURGH , Jan. 28, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the fiscal year ended Nov. 30, 2021 . Es...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...