Who Owns Federated Hermes Premier Municipal Income Fund Stock?
NYSE: FMNFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 47.45%
- Held by insiders
- 0.09%
- Institutional holders
- 49
- Institutions 47.5%
- Insiders 0.1%
- Public and other 52.5%
Who owns Federated Hermes Premier Municipal Income Fund stock?
Institutional investors own about 47.5% of Federated Hermes Premier Municipal Income Fund's shares, spread across 49 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 0.09% of FMN.
The largest institutional holders are Pathstone Holdings, LLC (10.50%), Guggenheim Capital, LLC (3.26%) and Robinson Capital Management, LLC (2.50%). Together, the top 10 institutions control 28.0% of shares outstanding. In their latest filings, 3 of the top 10 institutions increased their FMN positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of FMN
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Pathstone Holdings, LLC | 821.24K | 10.50% | +14.7% |
| Guggenheim Capital, LLC | 254.79K | 3.26% | -4.3% |
| Robinson Capital Management, LLC | 195.33K | 2.50% | 0.0% |
| Wells Fargo & Company | 170.50K | 2.18% | +97.2% |
| City of London Investment Management Co. Limited | 157.71K | 2.02% | 0.0% |
| RiverNorth Capital Management, LLC | 147.93K | 1.89% | +0.7% |
| Riverbridge Partners LLC | 139.63K | 1.79% | -0.9% |
| Matisse Capital | 105.04K | 1.34% | -18.5% |
| Bank Of New York Mellon Corporation | 101.53K | 1.30% | 0.0% |
| Bank of America Corporation | 97.16K | 1.24% | -27.4% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of FMN
| Fund | Shares | % Held |
|---|---|---|
| INVESTMENT MANAGERS SERIES TRUST-Robinson Tax Advantaged Income Fund | 195.33K | 2.50% |
| HC Capital Trust-The Intermediate Term Municipal Bond Portfolio | 157.71K | 2.02% |
| Starboard Investment Trust-Matisse Discounted Bond CEF Strategy | 94.34K | 1.21% |
| Special Opportunities Fund, Inc. | 14.00K | 0.18% |
| High Income Securities Fund | 14.00K | 0.18% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 1.56K | 0.02% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 557 | 0.01% |
Frequently asked questions
Who is the largest shareholder of Federated Hermes Premier Municipal Income Fund?
Pathstone Holdings, LLC is the largest institutional shareholder of FMN, owning 10.50% of shares outstanding (821.24K shares) as of its latest 13F filing.
What percentage of Federated Hermes Premier Municipal Income Fund is owned by institutions?
Institutions own about 47.5% of FMN shares and 47.5% of the public float.
How much of Federated Hermes Premier Municipal Income Fund do insiders own?
Insiders, such as officers and directors, own about 0.09% of FMN shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.