Welcome to our dedicated page for Federated Hermes news (Ticker: FHI), a resource for investors and traders seeking the latest updates and insights on Federated Hermes stock.
Federated Hermes, Inc. reports developments in active investment management across liquidity management, equity, fixed-income, alternative/private markets and multi-asset strategies for institutional and intermediary clients. Recurring updates cover earnings, managed-asset levels and flows, money market and equity asset trends, quarterly common-stock dividends, investor conference participation and shareholder-meeting matters.
Company news also includes product and platform actions, including dividends for Federated Hermes Premier Municipal Income Fund, leverage changes at that fund, leadership succession within investment-management units and completed acquisitions such as Federated Hermes FCP Manager, LLC, which expanded the firm's U.S. real estate and private-markets capabilities.
Federated Hermes (NYSE:FHI) launched the active Federated Hermes Ultrashort Bond ETF (CBOE:FUSD), targeting total return consistent with current income. The fund primarily invests in investment‑grade debt and limits effective duration to one year or less to help manage interest‑rate risk.
Federated Hermes manages $42.9 billion in short‑duration fixed income, over $2.6 billion in ETFs, and $907.1 billion in total assets.
Federated Hermes (NYSE:FHI) appointed Kathryn (Katie) Glass, CFA, as the next head of its Domestic High Yield Group, effective upon the retirement of current head Mark Durbiano, CFA, on Dec. 31, 2026, after 44 years.
Glass, a senior portfolio manager with 29 years of investment experience and co-head since February 2025, will lead a 19-person high-yield team managing about $11 billion in US high-yield fixed-income strategies, within $100 billion in fixed-income assets and $907.1 billion firmwide assets under management as of March 31, 2026.
Federated Hermes (NYSE:FHI) launched the Federated Hermes International Leaders ETF (CBOE: FHIL), an actively managed fund targeting long-term capital growth from developed-market, high-quality foreign companies trading below intrinsic value. The high-conviction portfolio typically holds 60–85 stocks and is run by the International Core/Value Team.
According to Federated Hermes, FHIL extends a strategy also used in the $1.5 billion Federated Hermes International Leaders Fund. The firm manages $2.6 billion in ETF assets and $907.1 billion overall, and highlights FHIL as a potential core international equity allocation with tax-efficient ETF features.
Federated Hermes (NYSE:FHI) announced that month-end portfolio composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE:FMN) as of May 31, 2026, is now available on FederatedHermes.com/us.
The company reports $907.1 billion in assets under management as of March 31, 2026, serving over 11,000 clients worldwide.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a monthly dividend of $0.0450 per share, unchanged from the prior month.
The tax-free dividend is exempt from regular federal income tax and the federal AMT, with record and ex-dividend date on June 23, 2026 and payment on July 1, 2026.
Federated Hermes (NYSE:FHI) launched the Money Market Management Digital Treasury Fund – Reserve Shares (NASDAQ: OFFXX), its first fund structured to qualify as eligible reserve assets under the GENIUS Act for payment-stablecoin issuers.
The fund invests in US dollar cash, very short-term US Treasuries and repo, targets $1.00 NAV, and supports collateral management needs in the digital asset ecosystem. Federated Hermes manages $684.7 billion in money market assets and $907.1 billion overall as of March 31, 2026.
Federated Hermes (NYSE:FHI) announced that month-end portfolio composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE:FMN) as of April 30, 2026 is now available on its website.
The firm reports $907.1 billion in assets under management as of March 31, 2026.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) declared a monthly tax-free dividend of $0.0450 per share, payable June 1, 2026, to shareholders of record on May 22, 2026 (ex-dividend date May 22). The dividend is unchanged from the previous month and is exempt from regular federal income tax and federal AMT.
Federated Hermes (NYSE: FHI) named Steve Chiavarone as Chief Investment Officer for Global Equities, effective Sept. 1, 2026, succeeding Steve Auth, who will retire after 26 years. Chiavarone, Deputy CIO since August 2025, has 21 years of investment experience and will transition away from his Multi‑Asset role ahead of the change.
The Global Equities franchise manages $100.8 billion of client assets and comprises 156 professionals with an average of 19 years' investment experience.
Federated Hermes (NYSE: FHI) reported Q1 2026 EPS of $1.27 and net income of $96.4 million. Total assets under management were a record $907.1 billion at March 31, 2026. Money market assets reached a record $684.7 billion. The board declared a quarterly dividend of $0.38 per share, payable May 15, 2026. The company repurchased 1,191,300 shares for $66.0 million during Q1 2026.