Federated Hermes Premier Municipal Income Fund Key Executives
This section highlights Federated Hermes Premier Municipal Income Fund's key executives, including their titles and compensation details.
Find Contacts at Federated Hermes Premier Municipal Income Fund
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Federated Hermes Premier Municipal Income Fund Earnings
This section highlights Federated Hermes Premier Municipal Income Fund's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Date:
Time:
Est. EPS:
$-
Status:
Unconfirmed
Last Earnings Results
Date:
September 06, 2024
EPS:
$0.17
Est. EPS:
$-
Revenue:
$2.70M
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.
Financial Services
Asset Management - Income
$10.96
Stock Price
$85.69M
Market Cap
-
Employees
Pittsburgh, PA
Location
Financial Statements
Access annual & quarterly financial statements for Federated Hermes Premier Municipal Income Fund, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Revenue | $12.15M | $10.32M | $-31.52M | $9.38M | $8.82M |
| Cost of Revenue | $- | $6.51M | $- | $- | $- |
| Gross Profit | $12.15M | $3.81M | $-31.52M | $9.38M | $8.82M |
| Gross Profit Ratio | 100.00% | 36.90% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $454.40K | $1.39M | $408.56K | $461.05K | $480.76K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $454.40K | $1.39M | $408.56K | $461.05K | $480.76K |
| Other Expenses | $11.69M | $- | $-278.22K | $-286.93K | $-337.54K |
| Operating Expenses | $12.15M | $1.39M | $130.34K | $174.12K | $143.22K |
| Cost and Expenses | $12.15M | $1.39M | $130.34K | $174.12K | $143.22K |
| Interest Income | $10.34M | $10.32M | $9.42M | $10.36M | $11.17M |
| Interest Expense | $3.71M | $3.71M | $1.82M | $1.13M | $1.83M |
| Depreciation and Amortization | $- | $-8.92M | $-7.88M | $-8.56M | $-9.43M |
| EBITDA | $- | $-1.54M | $-69.36M | $- | $- |
| EBITDA Ratio | 0.00% | -14.88% | 94.64% | 98.14% | 98.38% |
| Operating Income | $-31.42M | $8.92M | $-29.83M | $9.21M | $8.68M |
| Operating Income Ratio | -258.67% | 86.50% | 94.64% | 98.14% | 98.38% |
| Total Other Income Expenses Net | $43.42M | $-5.25M | $- | $643.93K | $-755.34K |
| Income Before Tax | $12.00M | $3.68M | $-31.65M | $9.21M | $8.68M |
| Income Before Tax Ratio | 98.80% | 35.65% | 100.41% | 98.14% | 98.38% |
| Income Tax Expense | $- | $- | $7.88M | $9.21M | $8.68M |
| Net Income | $12.00M | $3.68M | $-31.65M | $9.21M | $8.68M |
| Net Income Ratio | 98.80% | 35.65% | 100.41% | 98.14% | 98.38% |
| EPS | $1.04 | $0.33 | $-2.76 | $0.81 | $0.75 |
| EPS Diluted | $1.04 | $0.33 | $-2.74 | $0.81 | $0.75 |
| Weighted Average Shares Outstanding | 11.50M | 11.15M | 11.47M | 11.36M | 11.50M |
| Weighted Average Shares Outstanding Diluted | 11.50M | 11.15M | 11.54M | 11.36M | 11.57M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | May 31, 2024 | February 29, 2024 | November 30, 2023 | August 31, 2023 | May 31, 2023 | February 28, 2023 | November 30, 2022 | August 31, 2022 | May 31, 2022 | February 28, 2022 | November 30, 2021 | August 31, 2021 | May 31, 2021 | February 28, 2021 | November 30, 2020 | August 31, 2020 | May 31, 2020 | February 29, 2020 | November 30, 2019 | August 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.70M | $2.70M | $2.54M | $2.54M | $2.62M | $2.62M | $2.26M | $2.26M | $2.45M | $2.45M | $2.50M | $2.50M | $2.68M | $2.68M | $2.77M | $2.77M | $2.82M | $2.82M | $2.92M | $2.92M |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $2.70M | $2.70M | $2.54M | $2.54M | $2.62M | $2.62M | $2.26M | $2.26M | $2.45M | $2.45M | $2.50M | $2.50M | $2.68M | $2.68M | $2.77M | $2.77M | $2.82M | $2.82M | $2.92M | $2.92M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $358.44K | $358.44K | $341.92K | $341.92K | $354.46K | $354.46K | $355.91K | $355.91K | $412.18K | $412.18K | $452.77K | $452.77K | $446.87K | $446.87K | $435.85K | $435.85K | $430.00K | $430.00K | $443.03K | $443.03K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $358.44K | $358.44K | $341.92K | $341.92K | $354.46K | $354.46K | $355.91K | $355.91K | $412.18K | $412.18K | $452.77K | $452.77K | $446.87K | $446.87K | $435.85K | $435.85K | $430.00K | $430.00K | $443.03K | $443.03K |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $358.44K | $207.20K | $803.13K | $803.13K | $660.98K | $660.98K | $5.45M | $5.45M | $14.17M | $14.17M | $1.33M | $1.33M | $1.31M | $1.31M | $3.88M | $3.88M | $4.21M | $4.21M | $503.86K | $503.86K |
| Cost and Expenses | $358.44K | $207.20K | $803.13K | $803.13K | $660.98K | $660.98K | $5.45M | $5.45M | $14.17M | $14.17M | $1.33M | $1.33M | $1.31M | $1.31M | $3.88M | $3.88M | $4.21M | $4.21M | $503.86K | $503.86K |
| Interest Income | $977.06K | $977.06K | $990.72K | $990.72K | $864.29K | $864.29K | $556.09K | $556.09K | $353.86K | $353.86K | $279.44K | $279.44K | $285.70K | $285.70K | $303.35K | $303.35K | $610.78K | $610.78K | $523.99K | $523.99K |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $-2.34M | $-2.34M | $-2.20M | $-2.20M | $-2.26M | $-2.26M | $-1.91M | $-1.91M | $-2.04M | $-2.04M | $-2.05M | $-2.05M | $-2.23M | $-2.23M | $-2.33M | $-2.33M | $-2.39M | $-2.39M | $-2.47M | $-2.47M |
| EBITDA | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| EBITDA Ratio | 0.00% | -15.23% | -57.15% | -57.15% | -44.73% | -44.73% | -249.92% | -249.92% | -576.51% | -576.51% | -46.08% | -46.08% | 55.13% | 55.13% | 144.96% | 144.96% | -155.84% | -155.84% | 9.34% | 9.34% |
| Operating Income | $2.34M | $2.34M | $2.20M | $2.20M | $2.26M | $2.26M | $1.91M | $1.91M | $2.04M | $2.04M | $2.05M | $2.05M | $2.23M | $2.23M | $2.33M | $2.33M | $2.39M | $2.39M | $2.47M | $2.47M |
| Operating Income Ratio | 86.74% | 86.74% | 86.54% | 86.54% | 86.46% | 86.46% | 84.26% | 84.26% | 83.16% | 83.16% | 81.92% | 81.92% | 83.30% | 83.30% | 84.24% | 84.24% | 84.73% | 84.73% | 84.81% | 84.81% |
| Total Other Income Expenses Net | $-411.41K | $-411.42K | $-1.45M | $-1.45M | $-1.17M | $-1.17M | $-5.65M | $-5.65M | $-14.11M | $-14.11M | $-1.15M | $-1.15M | $1.48M | $1.48M | $4.01M | $4.01M | $-4.39M | $-4.39M | $422.90K | $422.90K |
| Income Before Tax | $1.93M | $1.93M | $746.80K | $746.80K | $1.09M | $1.09M | $-3.75M | $-3.75M | $-12.08M | $-12.08M | $897.72K | $897.72K | $3.71M | $3.71M | $6.34M | $6.34M | $-2.00M | $-2.00M | $2.90M | $2.90M |
| Income Before Tax Ratio | 71.51% | 71.51% | 29.39% | 29.39% | 41.73% | 41.73% | -165.66% | -165.66% | -493.35% | -493.35% | 35.85% | 35.85% | 138.44% | 138.44% | 229.21% | 229.21% | -71.04% | -71.04% | 99.31% | 99.31% |
| Income Tax Expense | $- | $-411.42K | $-1.45M | $-1.45M | $-1.17M | $-1.17M | $-5.65M | $-5.65M | $-14.11M | $-14.11M | $-1.15M | $-1.15M | $1.48M | $1.48M | $4.01M | $4.01M | $-4.39M | $-4.39M | $422.90K | $422.90K |
| Net Income | $1.93M | $1.93M | $746.80K | $746.80K | $1.09M | $1.09M | $-3.75M | $-3.75M | $-12.08M | $-12.08M | $897.62K | $897.62K | $3.71M | $3.71M | $6.34M | $6.34M | $-2.00M | $-2.00M | $2.75M | $2.75M |
| Net Income Ratio | 71.51% | 71.51% | 29.39% | 29.39% | 41.73% | 41.73% | -165.66% | -165.66% | -493.35% | -493.35% | 35.84% | 35.84% | 138.44% | 138.44% | 229.21% | 229.21% | -71.10% | -71.10% | 94.15% | 94.15% |
| EPS | $0.17 | $0.17 | $0.07 | $0.07 | $0.10 | $0.10 | $-0.33 | $-0.33 | $-1.05 | $-1.05 | $0.08 | $0.08 | $0.32 | $0.32 | $0.55 | $0.55 | $-0.17 | $-0.17 | $0.24 | $0.24 |
| EPS Diluted | $0.17 | $0.17 | $0.07 | $0.07 | $0.10 | $0.10 | $-0.33 | $-0.33 | $-1.05 | $-1.05 | $0.08 | $0.08 | $0.32 | $0.32 | $0.55 | $0.55 | $-0.17 | $-0.17 | $0.24 | $0.24 |
| Weighted Average Shares Outstanding | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M |
| Weighted Average Shares Outstanding Diluted | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M | 11.50M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $34.24K | $84.67K | $82.40K | $68.96K | $40.45K |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $34.24K | $84.67K | $82.40K | $68.96K | $40.45K |
| Net Receivables | $2.30M | $3.39M | $3.37M | $4.65M | $4.78M |
| Inventory | $- | $- | $-126.00K | $- | $- |
| Other Current Assets | $-2.30M | $153.50K | $126.00K | $- | $- |
| Total Current Assets | $34.24K | $3.63M | $3.57M | $4.72M | $4.82M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $166.85M | $229.49M | $229.49M | $294.59M | $288.90M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-166.85M | $10.51M | $-229.49M | $-294.59M | $-288.90M |
| Total Non-Current Assets | $169.15M | $240.00M | $229.49M | $294.59M | $288.90M |
| Other Assets | $169.18M | $-10.51M | $- | $- | $- |
| Total Assets | $169.18M | $233.12M | $233.06M | $299.31M | $293.72M |
| Account Payables | $841.40K | $3.40M | $1.93M | $4.97M | $719.45K |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-841.40K | $442.43K | $-1.93M | $-4.97M | $-719.45K |
| Total Current Liabilities | $- | $3.84M | $2.64M | $5.72M | $719.45K |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $88.59M | $2.64M | $113.60M | $113.56M |
| Other Liabilities | $68.33M | $461.48K | $86.09M | $-113.60M | $-113.56M |
| Total Liabilities | $68.33M | $92.89M | $91.36M | $5.72M | $719.45K |
| Preferred Stock | $- | $- | $- | $- | $1.18M |
| Common Stock | $112.19M | $158.81M | $158.81M | $158.81M | $158.78M |
| Retained Earnings | $-11.34M | $-18.58M | $-17.10M | $21.10M | $19.35M |
| Accumulated Other Comprehensive Income Loss | $- | $0 | $0 | $0 | $0 |
| Other Total Stockholders Equity | $- | $- | $- | $- | $-0 |
| Total Stockholders Equity | $100.85M | $140.23M | $141.70M | $179.91M | $179.31M |
| Total Equity | $100.85M | $140.23M | $141.70M | $179.91M | $179.31M |
| Total Liabilities and Stockholders Equity | $169.18M | $233.12M | $233.06M | $299.31M | $293.72M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $169.18M | $233.12M | $233.06M | $299.31M | $293.72M |
| Total Investments | $166.85M | $229.49M | $229.49M | $294.59M | $288.90M |
| Total Debt | $- | $88.59M | $88.58M | $113.60M | $113.56M |
| Net Debt | $-34.24K | $-84.67K | $88.50M | $113.53M | $113.51M |
Balance Sheet Charts
| Breakdown | November 30, 2024 | May 31, 2024 | February 29, 2024 | November 30, 2023 | August 31, 2023 | May 31, 2023 | February 28, 2023 | November 30, 2022 | August 31, 2022 | May 31, 2022 | February 28, 2022 | November 30, 2021 | August 31, 2021 | May 31, 2021 | February 28, 2021 | November 30, 2020 | August 31, 2020 | May 31, 2020 | February 29, 2020 | November 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $34.24K | $96.57K | $96.57K | $84.67K | $84.67K | $33.85K | $33.85K | $82.40K | $82.40K | $142.11K | $142.11K | $68.96K | $68.96K | $45.81K | $45.81K | $40.45K | $40.45K | $66.20K | $66.20K | $13.81K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $34.24K | $96.57K | $96.57K | $84.67K | $84.67K | $33.85K | $33.85K | $82.40K | $82.40K | $142.11K | $142.11K | $68.96K | $68.96K | $45.81K | $45.81K | $40.45K | $40.45K | $66.20K | $66.20K | $13.81K |
| Net Receivables | $2.30M | $3.42M | $3.42M | $3.39M | $3.39M | $3.33M | $3.33M | $3.37M | $3.37M | $3.22M | $3.22M | $4.65M | $4.65M | $4.46M | $4.46M | $4.78M | $4.78M | $5.61M | $5.61M | $4.31M |
| Inventory | $- | $- | $1 | $1 | $1 | $1 | $1 | $-126.00K | $- | $-228.00K | $- | $- | $- | $1 | $1 | $- | $- | $- | $- | $-200 |
| Other Current Assets | $-2.30M | $190.00K | $190.00K | $153.50K | $153.50K | $426.06K | $426.06K | $126.00K | $126.00K | $228.00K | $228.00K | $- | $- | $161.50K | $161.50K | $- | $- | $- | $- | $200 |
| Total Current Assets | $34.24K | $3.71M | $3.71M | $3.63M | $3.63M | $3.79M | $3.79M | $3.57M | $3.57M | $3.59M | $3.59M | $4.72M | $4.72M | $4.67M | $4.67M | $4.82M | $4.82M | $5.68M | $5.68M | $4.32M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $166.85M | $214.65M | $214.65M | $229.49M | $218.98M | $227.42M | $217.41M | $229.49M | $218.97M | $262.92M | $251.96M | $294.59M | $281.17M | $295.63M | $283.09M | $288.90M | $278.63M | $281.56M | $271.89M | $287.79M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-166.85M | $12.76M | $12.76M | $-229.49M | $10.51M | $-227.42M | $10.01M | $-229.49M | $10.52M | $-262.92M | $10.95M | $-294.59M | $13.42M | $-295.63M | $12.53M | $-288.90M | $10.28M | $-281.56M | $9.68M | $-287.79M |
| Total Non-Current Assets | $169.15M | $227.41M | $227.41M | $229.49M | $229.49M | $227.42M | $227.42M | $229.49M | $229.49M | $262.92M | $262.92M | $294.59M | $294.59M | $295.63M | $295.63M | $288.90M | $288.90M | $281.56M | $281.56M | $287.79M |
| Other Assets | $169.18M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $89.30K |
| Total Assets | $169.18M | $231.12M | $231.12M | $233.12M | $233.12M | $231.22M | $231.22M | $233.06M | $233.06M | $266.51M | $266.51M | $299.31M | $299.31M | $300.29M | $300.29M | $293.72M | $293.72M | $287.24M | $287.24M | $292.20M |
| Account Payables | $841.40K | $740.98K | $- | $3.35M | $3.40M | $653.50K | $656.36K | $1.93M | $1.94M | $780.28K | $- | $4.97M | $5.00M | $2.79M | $2.88M | $719.45K | $- | $2.56M | $2.68M | $766.25K |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-841.40K | $110.20K | $851.18K | $-3.35M | $903.91K | $-653.50K | $827.65K | $-1.93M | $836.71K | $-780.28K | $882.50K | $-4.97M | $806.17K | $-2.79M | $841.39K | $-719.45K | $859.54K | $-2.56M | $821.62K | $-766.25K |
| Total Current Liabilities | $- | $851.18K | $851.18K | $4.13M | $4.30M | $1.41M | $1.48M | $2.64M | $2.78M | $780.28K | $882.50K | $5.72M | $5.81M | $3.60M | $3.73M | $719.45K | $859.54K | $3.36M | $3.50M | $766.25K |
| Long Term Debt | $- | $88.59M | $88.59M | $- | $88.59M | $- | $88.58M | $- | $88.58M | $- | $113.60M | $- | $113.60M | $- | $113.58M | $- | $113.56M | $- | $113.53M | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $88.59M | $88.59M | $88.59M | $88.59M | $88.58M | $88.58M | $2.64M | $88.58M | $780.28K | $113.60M | $113.60M | $113.60M | $113.58M | $113.58M | $113.56M | $113.56M | $113.53M | $113.53M | $113.60M |
| Other Liabilities | $68.33M | $- | $- | $-88.59M | $- | $-88.58M | $- | $86.09M | $- | $112.92M | $- | $-113.60M | $- | $123.06K | $- | $140.09K | $- | $138.24K | $- | $165.82K |
| Total Liabilities | $68.33M | $89.45M | $89.45M | $4.13M | $92.89M | $1.41M | $90.07M | $91.36M | $91.36M | $114.48M | $114.48M | $5.72M | $119.41M | $117.30M | $117.30M | $114.41M | $114.41M | $117.03M | $117.03M | $114.53M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.18M | $1.18M | $1.18M | $1.18M | $1.18M | $1.18M | $1.18M |
| Common Stock | $112.19M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.81M | $158.78M | $158.78M | $158.78M | $158.78M | $158.78M | $158.78M | $158.78M |
| Retained Earnings | $-11.34M | $-17.13M | $-17.13M | $-18.58M | $-18.58M | $-17.66M | $-17.66M | $-17.10M | $-17.10M | $-6.78M | $-6.78M | $21.10M | $21.10M | $23.03M | $23.03M | $19.35M | $19.35M | $10.25M | $10.25M | $17.71M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $-0 | $0 | $0 | $0 | $0 | $0 | $0 | $-0 | $-0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $-0 |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $-0 | $-0 | $- | $- | $- | $- | $- | $- | $- | $- | $-0 | $-0 | $- | $- | $- |
| Total Stockholders Equity | $100.85M | $141.68M | $141.68M | $140.23M | $140.23M | $141.15M | $141.15M | $141.70M | $141.70M | $152.03M | $152.03M | $179.91M | $179.91M | $182.99M | $182.99M | $179.31M | $179.31M | $170.21M | $170.21M | $177.67M |
| Total Equity | $100.85M | $141.68M | $141.68M | $140.23M | $140.23M | $141.15M | $141.15M | $141.70M | $141.70M | $152.03M | $152.03M | $179.91M | $179.91M | $182.99M | $182.99M | $179.31M | $179.31M | $170.21M | $170.21M | $177.67M |
| Total Liabilities and Stockholders Equity | $169.18M | $231.12M | $231.12M | $233.12M | $233.12M | $231.22M | $231.22M | $233.06M | $233.06M | $266.51M | $266.51M | $299.31M | $299.31M | $300.29M | $300.29M | $293.72M | $293.72M | $287.24M | $287.24M | $292.20M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $169.18M | $231.12M | $231.12M | $233.12M | $233.12M | $231.22M | $231.22M | $233.06M | $233.06M | $266.51M | $266.51M | $299.31M | $299.31M | $300.29M | $300.29M | $293.72M | $293.72M | $287.24M | $287.24M | $292.20M |
| Total Investments | $166.85M | $214.65M | $214.65M | $229.49M | $218.98M | $227.42M | $217.41M | $229.49M | $218.97M | $262.92M | $251.96M | $294.59M | $281.17M | $295.63M | $283.09M | $288.90M | $278.63M | $281.56M | $271.89M | $287.79M |
| Total Debt | $- | $88.59M | $88.59M | $88.59M | $88.59M | $88.58M | $88.58M | $88.58M | $88.58M | $113.60M | $113.60M | $113.60M | $113.60M | $113.58M | $113.58M | $113.56M | $113.56M | $113.53M | $113.53M | $113.60M |
| Net Debt | $-34.24K | $88.50M | $88.50M | $88.50M | $88.50M | $88.55M | $88.55M | $88.50M | $88.50M | $113.46M | $113.46M | $113.53M | $113.53M | $113.53M | $113.53M | $113.51M | $113.51M | $113.47M | $113.47M | $113.59M |
Annual Cash Flow
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Net Income | $12.00M | $3.68M | $-31.65M | $9.21M | $8.68M |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $-1.97M | $1.54M | $-1.72M | $5.07M | $-588.26K |
| Accounts Receivables | $1.25M | $-22.02K | $1.29M | $124.29K | $-470.00K |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $-3.21M | $1.56M | $-3.01M | $4.95M | $-118.26K |
| Other Non Cash Items | $62.64M | $-1.81K | $65.10M | $-5.69M | $-1.11M |
| Net Cash Provided by Operating Activities | $72.67M | $5.22M | $31.74M | $8.59M | $6.97M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-67.87M | $- | $-25.00M | $-1.18M | $- |
| Dividends Paid | $-4.86M | $-5.23M | $-6.70M | $-7.43M | $-6.99M |
| Other Financing Activities | $-21.24M | $10.59K | $-25.02M | $-1.13M | $44.65K |
| Net Cash Used Provided by Financing Activities | $-72.72M | $-5.22M | $-31.72M | $-8.56M | $-6.95M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-50.43K | $2.27K | $13.43K | $28.51K | $26.64K |
| Cash at End of Period | $34.24K | $84.67K | $82.40K | $68.96K | $40.45K |
| Cash at Beginning of Period | $84.67K | $82.40K | $68.96K | $40.45K | $13.81K |
| Operating Cash Flow | $72.67M | $5.22M | $31.74M | $8.59M | $6.97M |
| Capital Expenditure | $- | $- | $- | $- | $- |
| Free Cash Flow | $72.67M | $5.22M | $31.74M | $8.59M | $6.97M |
Cash Flow Charts
| Breakdown | May 31, 2024 | February 29, 2024 | November 30, 2023 | August 31, 2023 | May 31, 2023 | February 28, 2023 | November 30, 2022 | August 31, 2022 | May 31, 2022 | February 28, 2022 | November 30, 2021 | August 31, 2021 | May 31, 2021 | February 28, 2021 | November 30, 2020 | August 31, 2020 | May 31, 2020 | February 29, 2020 | November 30, 2019 | August 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.93M | $1.93M | $746.80K | $746.80K | $1.09M | $1.09M | $-3.75M | $-3.75M | $-12.08M | $-12.08M | $897.72K | $897.72K | $3.71M | $3.71M | $6.34M | $6.34M | $-2.00M | $-2.00M | $2.90M | $2.90M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-61.16K | $-61.16K | $166.95K | $166.95K | $-123.61K | $-123.61K | $31.20K | $31.20K | $638.95K | $638.95K | $-32.62K | $-32.62K | $68.04K | $68.04K | $413.82K | $413.82K | $-707.95K | $-707.95K | $665.12K | $665.12K |
| Accounts Receivables | $-16.54K | $-16.54K | $-27.59K | $-27.59K | $16.58K | $16.58K | $-71.64K | $-71.64K | $714.78K | $714.78K | $-95.72K | $-95.72K | $157.87K | $157.87K | $417.85K | $417.85K | $-652.85K | $-652.85K | $624.29K | $624.29K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-44.62K | $-44.62K | $194.54K | $194.54K | $-140.19K | $-140.19K | $102.84K | $102.84K | $-75.83K | $-75.83K | $63.10K | $63.10K | $-89.83K | $-89.83K | $-4.03K | $-4.03K | $-55.10K | $-55.10K | $40.83K | $40.83K |
| Other Non Cash Items | $-660.61K | $-660.61K | $336.43K | $336.43K | $390.03K | $390.03K | $17.69M | $17.69M | $13.34M | $13.34M | $1.57M | $1.57M | $-1.92M | $-1.92M | $-5.01M | $-5.01M | $4.45M | $4.45M | $-1.94M | $-1.94M |
| Net Cash Provided by Operating Activities | $1.21M | $1.21M | $1.25M | $1.25M | $1.36M | $1.36M | $13.97M | $13.97M | $1.90M | $1.90M | $2.44M | $2.44M | $1.85M | $1.85M | $1.75M | $1.75M | $1.74M | $1.74M | $1.62M | $1.62M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-1.21M | $-1.21M | $-1.23M | $-1.23M | $-1.39M | $-1.39M | $-1.49M | $-1.49M | $-1.86M | $-1.86M | $-1.85M | $-1.85M | $-1.86M | $-1.86M | $-1.77M | $-1.77M | $-1.72M | $-1.72M | $-1.75M | $-1.75M |
| Other Financing Activities | $2.65K | $2.65K | $2.65K | $2.65K | $2.64K | $2.64K | $-12.51M | $-12.51M | $- | $- | $-576.31K | $-576.31K | $11.13K | $11.13K | $11.16K | $11.16K | $11.16K | $11.16K | $127.23K | $127.23K |
| Net Cash Used Provided by Financing Activities | $-1.20M | $-1.20M | $-1.22M | $-1.22M | $-1.38M | $-1.38M | $-14.00M | $-14.00M | $-1.86M | $-1.86M | $-2.43M | $-2.43M | $-1.85M | $-1.85M | $-1.76M | $-1.76M | $-1.71M | $-1.71M | $-1.62M | $-1.62M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $5.95K | $5.95K | $25.41K | $25.41K | $-24.27K | $-24.27K | $-29.86K | $-29.86K | $36.57K | $36.57K | $11.58K | $11.58K | $2.68K | $2.68K | $-12.87K | $-12.87K | $26.19K | $26.19K | $2.71K | $2.71K |
| Cash at End of Period | $5.95K | $5.95K | $25.41K | $25.41K | $-24.27K | $-24.27K | $-29.86K | $-29.86K | $36.57K | $36.57K | $11.58K | $11.58K | $2.68K | $2.68K | $-12.87K | $-12.87K | $26.19K | $26.19K | $2.71K | $2.71K |
| Cash at Beginning of Period | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Cash Flow | $1.21M | $1.21M | $1.25M | $1.25M | $1.36M | $1.36M | $13.97M | $13.97M | $1.90M | $1.90M | $2.44M | $2.44M | $1.85M | $1.85M | $1.75M | $1.75M | $1.74M | $1.74M | $1.62M | $1.62M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $1.21M | $1.21M | $1.25M | $1.25M | $1.36M | $1.36M | $13.97M | $13.97M | $1.90M | $1.90M | $2.44M | $2.44M | $1.85M | $1.85M | $1.75M | $1.75M | $1.74M | $1.74M | $1.62M | $1.62M |
Federated Hermes Premier Municipal Income Fund Dividends
Explore Federated Hermes Premier Municipal Income Fund's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.73%
Dividend Payout Ratio
40.52%
Dividend Paid & Capex Coverage Ratio
14.95x
Federated Hermes Premier Municipal Income Fund Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.04 | $0.04 | March 21, 2025 | March 21, 2025 | April 01, 2025 | March 10, 2025 |
| $0.04 | $0.04 | February 21, 2025 | February 21, 2025 | March 03, 2025 | February 10, 2025 |
| $0.04 | $0.04 | January 23, 2025 | January 23, 2025 | February 03, 2025 | |
| $0.04 | $0.04 | December 23, 2024 | December 23, 2024 | January 02, 2025 | December 10, 2024 |
| $0.038 | $0.038 | November 22, 2024 | November 22, 2024 | December 02, 2024 | November 11, 2024 |
| $0.038 | $0.038 | October 23, 2024 | October 23, 2024 | November 01, 2024 | October 10, 2024 |
| $0.038 | $0.038 | September 23, 2024 | September 23, 2024 | October 01, 2024 | September 10, 2024 |
| $0.038 | $0.038 | August 23, 2024 | August 23, 2024 | September 03, 2024 | August 12, 2024 |
| $0.038 | $0.038 | July 23, 2024 | July 23, 2024 | August 01, 2024 | July 10, 2024 |
| $0.038 | $0.038 | June 21, 2024 | June 21, 2024 | July 01, 2024 | June 10, 2024 |
| $0.035 | $0.035 | May 22, 2024 | May 23, 2024 | June 03, 2024 | May 10, 2024 |
| $0.035 | $0.035 | April 22, 2024 | April 23, 2024 | May 01, 2024 | April 10, 2024 |
| $0.035 | $0.035 | March 21, 2024 | March 22, 2024 | April 01, 2024 | March 11, 2024 |
| $0.035 | $0.035 | February 22, 2024 | February 23, 2024 | March 01, 2024 | February 12, 2024 |
| $0.035 | $0.035 | January 22, 2024 | January 23, 2024 | February 01, 2024 | January 10, 2024 |
| $0.035 | $0.035 | December 21, 2023 | December 22, 2023 | January 02, 2024 | December 11, 2023 |
| $0.035 | $0.035 | November 21, 2023 | November 22, 2023 | December 01, 2023 | November 10, 2023 |
| $0.035 | $0.035 | October 20, 2023 | October 23, 2023 | November 01, 2023 | October 10, 2023 |
| $0.035 | $0.035 | September 21, 2023 | September 22, 2023 | October 02, 2023 | September 11, 2023 |
| $0.035 | $0.035 | August 22, 2023 | August 23, 2023 | September 01, 2023 | August 10, 2023 |
Federated Hermes Premier Municipal Income Fund News
Read the latest news about Federated Hermes Premier Municipal Income Fund, including recent articles, headlines, and updates.
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
PITTSBURGH , March 17, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Feb. 28, 2025, is now available in the Products section of FederatedHermes.com/us . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
Federated Hermes Premier Municipal Income Fund declares dividend
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.
CEF Weekly Review: The Difficulties Of High-Quality CEFs
We review the CEF market valuation and performance through the second week of December and highlight recent market action. CEFs mostly declined this week due to a 0.25% rise in 10-year Treasury yields, with only the loan sector showing a slight NAV gain. The BlackRock Enhanced Government Fund (EGF) will merge into BlackRock Income Trust (BKT); high-quality funds like these are not ideal in CEFs.
Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustees
PITTSBURGH , Dec. 10, 2024 /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.
Federated Hermes Premier Municipal Income Fund announces final results of tender offer
PITTSBURGH , Oct. 15, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that in accordance with the terms of its tender offer, since the tender offer was oversubscribed, it will purchase 32% of its issued and outstanding common shares on a pro rata basis, with appropriate adjustment to avoid purchase of fractional shares (the "proration factor"). The purchase price is $12.67 per common share, which is 99% of the net asset value per common share determined as of the close of the regular trading session of the New York Stock Exchange on Oct. 11, 2024.
Federated Hermes Premier Municipal Income Fund announces tender offer expiration
PITTSBURGH , Oct. 14, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its tender offer for 3,679,390 of its issued and outstanding common shares, representing approximately 32% of its outstanding common shares, expired at 5 p.m. Eastern on Oct. 11, 2024.
Saba Capital Reaches Agreement With Federated Hermes
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), today announced that it has entered into a standstill agreement with Federated Investment Management Company, which is the investment advisor of the Federated Hermes Premier Municipal Income Fund (NYSE: FMN) (the “Fund”). In connection with the agreement, the Fund will conduct a tender offer to purchase up to 32% of its outstanding common shares in cash. The tender offer will provide all.
Federated Hermes Premier Municipal Income Fund announces tender offer
PITTSBURGH , Aug. 30, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced that (subject to certain conditions) it will commence a cash tender offer for up to 32% of its outstanding common shares. The tender offer will provide all shareholders the opportunity to tender some or all of their common shares at a price per common share of 99% of the fund's net asset value (NAV) per share as determined on the day the tender offer expires or the preceding business day.
Federated Hermes Premier Municipal Income Fund sets date for annual shareholders meeting
PITTSBURGH , June 10, 2024 /PRNewswire/ -- The Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that its annual meeting of shareholders will be held on Friday, Nov. 8, 2024. Investors can view additional portfolio fund and portfolio information in the Products section of FederatedHermes.com/us.
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Explore detailed financial metrics and analysis for FMN.