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Federated Hermes Premier Municipal Income Fund declares dividend

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Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced a dividend declaration. The fund aims to provide investors with tax-exempt dividend income from regular federal income tax and federal alternative minimum tax (AMT).

Federated Hermes (NYSE: FHI), the fund's parent company, manages $829.6 billion in assets as of December 31, 2024. The global investment management firm serves over 10,000 institutions and intermediaries worldwide, offering various investment strategies including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management. The company employs more than 2,000 people across offices in Pittsburgh, London, New York, Boston, and other global locations.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) ha annunciato una dichiarazione di dividendo. Il fondo mira a fornire agli investitori un reddito da dividendi esente da tasse dalle imposte federali sul reddito regolare e dalla tassa minima alternativa federale (AMT).

Federated Hermes (NYSE: FHI), la società madre del fondo, gestisce 829,6 miliardi di dollari in attivi al 31 dicembre 2024. La società di gestione degli investimenti globale serve oltre 10.000 istituzioni e intermediari in tutto il mondo, offrendo varie strategie di investimento tra cui azioni, reddito fisso, mercati alternativi/privati, multi-asset e gestione della liquidità. L'azienda impiega più di 2.000 persone in uffici a Pittsburgh, Londra, New York, Boston e in altre località globali.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) anunció una declaración de dividendo. El fondo tiene como objetivo proporcionar a los inversores ingresos por dividendos exentos de impuestos de los impuestos federales sobre la renta regulares y del impuesto mínimo alternativo federal (AMT).

Federated Hermes (NYSE: FHI), la empresa matriz del fondo, gestiona 829.6 mil millones de dólares en activos a partir del 31 de diciembre de 2024. La firma de gestión de inversiones global sirve a más de 10,000 instituciones e intermediarios en todo el mundo, ofreciendo diversas estrategias de inversión que incluyen acciones, renta fija, mercados alternativos/privados, multi-activos y gestión de liquidez. La empresa emplea a más de 2,000 personas en oficinas en Pittsburgh, Londres, Nueva York, Boston y otras ubicaciones globales.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN)은 배당금 선언을 발표했습니다. 이 펀드는 투자자에게 연방 소득세 및 연방 대체 최소세(AMT)에서 면세된 배당 소득을 제공하는 것을 목표로 합니다.

Federated Hermes (NYSE: FHI), 이 펀드의 모회사,는 2024년 12월 31일 기준으로 8,296억 달러의 자산을 관리하고 있습니다. 이 글로벌 투자 관리 회사는 전 세계 10,000개 이상의 기관 및 중개인을 대상으로 주식, 고정 수익, 대체/사모 시장, 다중 자산 및 유동성 관리 등 다양한 투자 전략을 제공합니다. 이 회사는 피츠버그, 런던, 뉴욕, 보스턴 및 기타 글로벌 지역에 있는 사무소에서 2,000명 이상의 직원을 고용하고 있습니다.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) a annoncé une déclaration de dividende. Le fonds vise à fournir aux investisseurs un revenu de dividendes exonéré d'impôt des impôts fédéraux sur le revenu réguliers et de l'impôt minimum alternatif fédéral (AMT).

Federated Hermes (NYSE: FHI), la société mère du fonds, gère 829,6 milliards de dollars d'actifs au 31 décembre 2024. La société de gestion d'investissements mondiale sert plus de 10 000 institutions et intermédiaires dans le monde entier, offrant diverses stratégies d'investissement, y compris des actions, des titres à revenu fixe, des marchés alternatifs/privés, des multi-actifs et la gestion de la liquidité. L'entreprise emploie plus de 2 000 personnes dans des bureaux à Pittsburgh, Londres, New York, Boston et d'autres emplacements mondiaux.

Federated Hermes Premier Municipal Income Fund (NYSE: FMN) hat eine Dividendenankündigung veröffentlicht. Der Fonds hat das Ziel, Investoren steuerfreie Dividenden aus der regulären Bundes-Einkommensteuer und der alternativen Mindeststeuer (AMT) zu bieten.

Federated Hermes (NYSE: FHI), die Muttergesellschaft des Fonds, verwaltet 829,6 Milliarden Dollar an Vermögenswerten zum 31. Dezember 2024. Die globale Investmentgesellschaft bedient über 10.000 Institutionen und Vermittler weltweit und bietet verschiedene Anlagestrategien an, darunter Aktien, festverzinsliche Wertpapiere, alternative/private Märkte, Multi-Asset und Liquiditätsmanagement. Das Unternehmen beschäftigt mehr als 2.000 Mitarbeiter in Büros in Pittsburgh, London, New York, Boston und anderen globalen Standorten.

Positive
  • Large asset base of $829.6 billion under management
  • Diverse global client base of over 10,000 institutions
  • Tax-advantaged dividend income for investors
Negative
  • Dividend amount not disclosed in announcement

PITTSBURGH, March 10, 2025 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).

Tax-Free Dividend Per Share


Record Date: 

March 21, 2025

Ex-Dividend Date: 

March 21, 2025

Payable Date:

April 1, 2025 

Amount

Change From Previous Month

$0.0400

$0.0000

Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.

Federated Hermes, Inc. (NYSE: FHI) is a global leader in active investment management, with $829.6 billion in assets under management, as of Dec. 31, 2024. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 10,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com/us.

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Cision View original content:https://www.prnewswire.com/news-releases/federated-hermes-premier-municipal-income-fund-declares-dividend-302397020.html

SOURCE Federated Hermes, Inc.

FAQ

What is the tax treatment of Federated Hermes Premier Municipal Income Fund (FMN) dividends?

The fund's dividends are exempt from regular federal income tax and federal alternative minimum tax (AMT).

How much assets under management does Federated Hermes (FHI) have as of December 2024?

Federated Hermes manages $829.6 billion in assets as of December 31, 2024.

How many institutional clients does Federated Hermes (FHI) serve globally?

Federated Hermes serves more than 10,000 institutions and intermediaries worldwide.

What investment strategies does Federated Hermes (FHI) offer to clients?

The company offers equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies.
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