{"id":519953,"date":"2021-07-29T08:58:12","date_gmt":"2021-07-29T12:58:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/"},"modified":"2021-07-29T08:58:12","modified_gmt":"2021-07-29T12:58:12","slug":"federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/","title":{"rendered":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n PITTSBURGH<\/span>, July 29, 2021<\/span> \/PRNewswire\/ — Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021<\/span>. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country.<\/p>\n

For the six-month period, FMN had net investment income of $3.9 million<\/span> or $0.33<\/span> per common share. From this amount, FMN paid distributions on auction market preferred shares (AMPS) of $269<\/span>. Net realized and unrealized gains were $3.5 million<\/span> or $0.31<\/span> per common share.\u00a0At May 31, 2021<\/span>, FMN had an undistributed income reserve of $0.069<\/span> per common share. Total managed assets of both common and preferred shareholders of FMN were $296.6 million<\/span> and the net asset value per common share was $15.81<\/span>.<\/p>\n

FMN\u00a0has paid a monthly tax-free dividend since the first dividend declaration in February 2003<\/span>. The monthly dividend to common shareholders of FMN held steady at $0.054<\/span> throughout the six-month period. <\/p>\n

In addition, effective today, Duwayne Walker<\/span> joins Senior Portfolio Managers R.J. Gallo<\/span> and Lee Cunningham<\/span> as a portfolio manager for the fund.\u00a0He has served as senior analyst for the municipal bond team at Federated Hermes since 2016. Prior to joining the company, Walker served as a municipal trading desk analyst at Raymond James and as a quantitative analyst in the New York City Comptroller’s Office\u2014Bureau of Debt Management. Walker, who has 13 years of investment experience, earned his undergraduate degree from Hofstra University<\/span> and his MBA from Cornell University<\/span>.<\/p>\n

Fund composition and performance data for the fund as of June 30, 2021<\/span> is available in the Products<\/a> section of FederatedInvestors.com<\/a>. Data is updated on the website approximately 15 days following each month-end and full portfolio listings are updated approximately 30 days following each calendar quarter-end.\u00a0To order hard copies or to be placed on a mailing list, call 1-800-245-0242 x5587538, email CEinfo@federatedinv.com<\/a> or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA<\/span> 15222.<\/p>\n

Federated Hermes, Inc. is a leading global investment manager with $625.0 billion<\/span> in assets under management as of March 31, 2021<\/span>. Guided by our conviction that responsible investing is the best way to create wealth over the long term, our investment solutions span equity, fixed-income, alternative\/private markets, multi-asset and liquidity management strategies. Providing world-class active investment management and engagement services to more than 11,000 institutions and intermediaries, our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker\/dealers. Headquartered in Pittsburgh<\/span>, Federated Hermes’ nearly 2,000 employees include those in London<\/span>, New York<\/span>, Boston<\/span> and offices worldwide. For more information, visit FederatedHermes.com<\/a>.<\/p>\n

###<\/p>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Federated Hermes Premier Municipal Income Fund (FMN)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n SUMMARY OF RESULTS OF OPERATIONS<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (for a common share outstanding throughout each period)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n
\n Six Months Ended<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n

\n
\n (unaudited)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\n
\n Year Ended Nov. 30,<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n May 31,
<\/b>
\n <\/span>
\n
\n 2021\u00a0\u00a0\u00a0 <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n
\n 2020<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n
\n 2019<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n
\n 2018<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n
\n 2017<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n
\n 2016<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Net Asset Value, Beginning of Period<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.49<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.35<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.31<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.04<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.55<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.26<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Income from Investment Operations:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0 Net investment income<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.33<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.66<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.70<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.74<\/span>\n <\/p>\n<\/td>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.791<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.811<\/sup><\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net realized and unrealized gain
(loss) <\/span>\n <\/p>\n<\/td>\n

\n

\n 0.31<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.09<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.00<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.73)<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.43<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.66)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Distributions to auction market\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0preferred shareholders from net\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0investment income2<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.00)3<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.00)3<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n (0.07)<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n (0.05)<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.00)3<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (0.00)3<\/sup><\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n TOTAL FROM INVESTMENT OPERATIONS<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n 0.64<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n 0.75<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n 1.63<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n (0.04)<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n 1.22<\/span>\n <\/p>\n<\/td>\n

\n

\u00a0<\/p>\n

\n 0.15<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Less Distributions to Common
Shareholders:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0 From net investment income<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.32)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.61)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.62)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.69)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.73)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.86)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Net Asset Value, End of Period<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.81<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.49<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.35<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.31<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.04<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.55<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Market Price, End of Period<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 15.83<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.45<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.09<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 12.40<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.11<\/span>\n <\/p>\n<\/td>\n

\n

\n $ \u00a0 \u00a0 14.07<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total Return at Net Asset Value<\/b>
\n 4<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 4.20%<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.11%<\/span>\n <\/p>\n<\/td>\n

\n

\n 11.83%<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.28)%<\/span>\n <\/p>\n<\/td>\n

\n

\n 8.54%<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.73%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total Return at Market Price<\/b>
\n 5<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 11.96%<\/span>\n <\/p>\n<\/td>\n

\n

\n 7.17%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18.92%<\/span>\n <\/p>\n<\/td>\n

\n

\n (7.44)%<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.51%<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.17%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n 1 Per share numbers have been calculated using the average shares method.
<\/i>
\n 2 The amounts shown are based on Common Share equivalents.
<\/i>
\n 3 Represents less than $0.01<\/span>.
<\/i>
\n 4 Total Return at Net Asset Value is the combination of changes in the Common Share net asset value, reinvested dividend income and reinvested capital gains distributions at net asset value, if any, and does not reflect the sales charge, if applicable. Total returns for periods of less than one year are not annualized.
<\/i>
\n 5 Total Return at Market Price is the combination of changes in the market price per share and the effect of reinvested dividend income and reinvested capital gains distributions, if any, at the average price paid per share at the time of the reinvestment. Total returns for periods of less than one year are not annualized.<\/i>\n <\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings-301344287.html<\/a><\/p>\n

SOURCE Federated Hermes, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire PITTSBURGH, July 29, 2021 \/PRNewswire\/ — Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country. For the six-month period, FMN had net investment income of $3.9 million or $0.33 per common share. From this amount, FMN paid distributions on auction market preferred shares (AMPS) of $269. Net realized and unrealized gains were $3.5 million or $0.31 per common share.\u00a0At May 31, 2021, FMN had an undistributed income reserve of $0.069 per … <\/p>\n

Continue reading “Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-519953","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFederated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PITTSBURGH, July 29, 2021 \/PRNewswire\/ — Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country. For the six-month period, FMN had net investment income of $3.9 million or $0.33 per common share. From this amount, FMN paid distributions on auction market preferred shares (AMPS) of $269. Net realized and unrealized gains were $3.5 million or $0.31 per common share.\u00a0At May 31, 2021, FMN had an undistributed income reserve of $0.069 per … Continue reading "Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-29T12:58:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings\",\"datePublished\":\"2021-07-29T12:58:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/\"},\"wordCount\":673,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57850&sd=2021-07-29\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/\",\"name\":\"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57850&sd=2021-07-29\",\"datePublished\":\"2021-07-29T12:58:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57850&sd=2021-07-29\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57850&sd=2021-07-29\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/","og_locale":"en_US","og_type":"article","og_title":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk","og_description":"PR Newswire PITTSBURGH, July 29, 2021 \/PRNewswire\/ — Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2021. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country. For the six-month period, FMN had net investment income of $3.9 million or $0.33 per common share. From this amount, FMN paid distributions on auction market preferred shares (AMPS) of $269. Net realized and unrealized gains were $3.5 million or $0.31 per common share.\u00a0At May 31, 2021, FMN had an undistributed income reserve of $0.069 per … Continue reading \"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-29T12:58:12+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings","datePublished":"2021-07-29T12:58:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/"},"wordCount":673,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/","name":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29","datePublished":"2021-07-29T12:58:12+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57850&sd=2021-07-29"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federated-hermes-premier-municipal-income-fund-reports-semi-annual-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/519953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=519953"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/519953\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=519953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=519953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=519953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}