Federated Hermes Premier Municipal Income Fund

FMN · NYSE

$10.31−$0.075 (−0.72%)TodayMarket closed ·
Prev close $10.39

About FMN

Federated Hermes Premier Municipal Income Fund is a US-based company operating in industry. The company is headquartered in Warrendale, Pennsylvania. The company went IPO on 2002-12-20. Federated Hermes Premier Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax. The company normally invests substantially all (at least 90%) of its total assets in tax-exempt securities, and normally invests at least 80% of its total assets in investment-grade tax-exempt securities. The company may invest up to 20% of its total assets in tax-exempt securities of below investment-grade quality (but not lower than B, including modifiers, sub-categories or gradations). The company maintains a dollar-weighted average stated portfolio maturity of ten to thirty years and a dollar-weighted average duration of thirteen years or less. Under normal circumstances, it invests its assets so that at least 80% of the income that it distributes will be exempt from federal regular income tax. Its investment adviser is Federated Investment Management Company.

Employees
0
Headquarters
Warrendale, Pennsylvania
Listed
Dec 20, 2002
Sector
N/A
Industry
N/A

FMN key statistics

Market cap
81.39M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
58.19K
Volume
17.28K
Open price
$10.41
High today
$10.46
Low today
$10.28
52 Week high
$11.76
52 Week low
$9.77

Federated Hermes Premier Municipal Income Fund (FMN) at a glance

Federated Hermes Premier Municipal Income Fund (FMN) last traded at $10.31, with a market cap of 81.39M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $10.28 and $10.46. The current price is 0.3% above the day's low and 1.4% below its high.

Volume so far is 17.28K shares, below the average of 58.19K shares a day.

Over the past year Federated Hermes Premier Municipal Income Fund has ranged from $9.77 to $11.76, and now sits 27% of the way up that range.

FMN news

  • Press releasePRNewswire

    Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

  • Press releasePRNewswire

    Federated Hermes Premier Municipal Income Fund declares dividend

  • Press releasePRNewswire

    Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

  • Press releasePRNewswire

    Federated Hermes Premier Municipal Income Fund declares dividend

  • Press releasePRNewswire

    Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

  • Press releasePRNewswire

    Federated Hermes Premier Municipal Income Fund declares dividend

  • Press releasePRNewswire

    Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

  • Press releasePRNewswire

    Federated Hermes Premier Municipal Income Fund declares dividend

Most active stocks

Highest trading volume today

Newly listed

Companies that went public in the past six weeks

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.