Federated Hermes Premier Municipal Income Fund Sets August Dividend
Investors in the Federated Hermes Premier Municipal Income Fund will receive a dividend of $0.0450 per share, maintaining the previous month's distribution level. The fund, which targets income exempt from both regular federal income tax and the federal alternative minimum tax, scheduled the payout for early September.
The fund, traded on the NYSE under the ticker FMN, set the record and ex-dividend dates for August 21, 2026. Shareholders of record as of that date are slated to receive payments on September 1, 2026. This distribution remains consistent with the fund's objective of providing tax-advantaged income to its participants.
Management of the fund falls under the purview of Federated Hermes, Inc., a Pittsburgh-based firm overseeing $911.6 billion in assets as of June 30, 2026. The parent organization provides a diverse range of investment strategies, including fixed-income and multi-asset management, to a global client base that spans government entities, insurance firms, and institutional investors.
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