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Federated Hermes Premier Municipal Income Fund declares $0.0450 tax-free dividend.
ByAinvest
Friday, Oct 10, 2025 10:23 am ET1min read
Federated Hermes Premier Municipal Income Fund has declared a tax-free dividend of $0.0450 per share. The record date is October 23, 2025, with an ex-dividend date and payable date also on October 23, 2025. The fund aims to provide current dividend income exempt from federal income tax and the federal alternative minimum tax.
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has announced a monthly tax-free dividend of $0.0450 per share. The record date, ex-dividend date, and payable date are all set for October 23, 2025. The fund aims to provide current dividend income exempt from federal income tax and the federal alternative minimum tax (AMT) [1].The fund, managed by Federated Hermes, Inc. (NYSE: FHI), reported an asset under management (AUM) of $845.7 billion as of June 30, 2025. This latest dividend declaration underscores the fund's commitment to offering investors a tax-efficient income stream.
Investors interested in the fund's portfolio details can visit the Products page for more information. The fund's focus on municipal bonds ensures that the income generated is generally exempt from federal taxation, making it an attractive option for those seeking tax-advantaged investments.
For more details on the fund and its recent performance, please refer to the official announcement from Federated Hermes [1].
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