Federated Hermes Premier Municipal Income Fund

# Federated Hermes Premier Municipal Income Fund

This closed-end mutual fund, launched in 2002 and managed by Federated Investment Management Company, invests primarily in tax-exempt municipal bonds issued across the United States. The fund's portfolio spans municipal securities across multiple sectors including general obligation bonds at state and local levels, special tax bonds, hospital facilities, transportation infrastructure, water and sewer systems, education, utilities, and public power projects. Performance is benchmarked against the S&P Municipal Bond Index.

The fund generates revenue through management fees on assets under administration. As a closed-end fund structure, it operates with a fixed pool of capital rather than the continuous inflows and outflows characteristic of open-end mutual funds. The fund is incorporated in Delaware and headquartered in Pittsburgh, Pennsylvania, where its parent company Federated Hermes maintains its operations. The organization serves individual and institutional investors seeking tax-exempt municipal bond exposure with a focus on current income generation.