Federated Hermes Premier Municipal Income Fund

Federated Hermes Premier Municipal Income Fund is a diversified, closed-end fixed income fund that specializes in providing tax-exempt income by investing in a broad portfolio of long-term municipal bonds. Its primary focus is to deliver income that is exempt from regular federal income tax, including the federal alternative minimum tax, appealing to investors seeking tax efficiency. The fund’s portfolio spans multiple sectors integral to public infrastructure and community development, such as hospital financing, transportation, senior care facilities, water and sewer projects, education, and public utilities. It maintains broad diversification across states, sectors, and issuers, which helps mitigate risk and promote stability of income during various economic conditions. Managed by Federated Investment Management Company, the fund combines active management with stringent credit quality evaluation and risk controls. Since its inception in 2002, Federated Hermes Premier Municipal Income Fund has aimed to provide steady, federally tax-exempt income and remains a significant vehicle for investors interested in municipal bond exposure as part of a broader strategy for stable, tax-advantaged cash flow within the asset management space.