Federated Hermes Premier Municipal Income Fund

NYSE:FMN Stock Report

Mkt Cap: US$122.7m

Federated Hermes Premier Municipal Income Fund Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

NYSE:FMN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
06 Dec 23BuyUS$27,074Saba Capital Management, L.P.Company2,559US$10.58
30 Nov 23BuyUS$110,778Saba Capital Management, L.P.Company10,662US$10.39
28 Nov 23BuyUS$351,447Saba Capital Management, L.P.Company34,454US$10.22
21 Nov 23BuyUS$208,116Saba Capital Management, L.P.Company20,426US$10.19
17 Nov 23BuyUS$216,879Saba Capital Management, L.P.Company21,565US$10.14
13 Nov 23BuyUS$63,345Saba Capital Management, L.P.Company6,444US$9.83
07 Nov 23BuyUS$24,100Saba Capital Management, L.P.Company2,500US$9.64
02 Nov 23BuyUS$6,023Saba Capital Management, L.P.Company638US$9.44
02 Nov 23SellUS$62,624John DonahueIndividual6,630US$9.45
03 Oct 23BuyUS$219,134Saba Capital Management, L.P.Company22,898US$9.57
18 Sep 23BuyUS$2,172,178Saba Capital Management, L.P.Company216,868US$10.29
17 Aug 23BuyUS$1,300,537Saba Capital Management, L.P.Company123,006US$10.74
21 Jul 23BuyUS$1,070,762Saba Capital Management, L.P.Company100,846US$10.76
17 Apr 23BuyUS$2,057,699Saba Capital Management, L.P.Company192,767US$10.85
02 Mar 23SellUS$2,096Saba Capital Management, L.P.Company200US$10.48

Insider Trading Volume

Insider Buying: FMN insiders have only sold shares in the past 3 months.


Ownership Breakdown

What is the ownership structure of FMN?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders6,6300.06%
Hedge Funds1,256,99110.9%
Institutions4,447,04838.7%
General Public5,786,71650.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 47.03% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.93%
Saba Capital Management, L.P.
1,256,991US$13.4m10.51%0.34%
7.95%
First Trust Advisors LP
914,427US$9.8m0%0.01%
2.93%
RiverNorth Capital Management, LLC
336,877US$3.6m6.93%0.18%
2.76%
1607 Capital Partners, LLC
317,397US$3.4m0%0.11%
2.71%
Hennion & Walsh Asset Management, Inc.
311,611US$3.3m-1.85%0.2%
2.27%
Eaton Vance Management
261,217US$2.8m-3.74%no data
2.19%
Guggenheim Partners, LLC
251,265US$2.7m22.7%0.04%
1.78%
Robinson Capital Management, LLC
204,402US$2.2m4.41%0.87%
1.57%
City of London Investment Management Company Limited
180,874US$1.9m31.7%0.04%
1.56%
Logan Stone Capital, LLC
179,179US$1.9m30.41%0.49%
1.45%
Merrill Lynch & Co. Inc., Banking Investments
166,809US$1.8m15.09%no data
1.24%
AQR Capital Management, LLC
142,750US$1.5m37.21%no data
0.97%
UBS Asset Management AG
111,710US$1.2m-10.13%no data
0.95%
Gill Capital Partners, LLC
109,331US$1.2m0.03%0.48%
0.88%
HC Capital Solutions
101,260US$1.1m30.25%0.05%
0.68%
Alpine Global Management, LLC
78,312US$835.6k79.15%0.23%
0.63%
Raymond James Financial Inc., Asset Management Arm
72,332US$771.8k-4.39%no data
0.6%
ProVise Management Group, LLC
68,800US$734.1k-8.53%0.06%
0.6%
Advisor Partners II, LLC
68,438US$730.2k0%0.03%
0.51%
BB&T Trust
58,622US$625.5k-2.82%no data
0.47%
Ackerman Capital Advisors, LLC
53,828US$574.3k-42.07%0.15%
0.4%
Riverbridge Partners, LLC
46,088US$491.8k7.99%0.01%
0.39%
Deschutes Portfolio Strategy, LLC
44,588US$475.8k0%0.3%
0.31%
Horizon Kinetics LLC
35,189US$375.5k0%0.01%
0.3%
LPL Financial Corporation, Asset Management Arm
35,020US$373.7k-7.27%no data