Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

45 institutional holders +3 vs Q1 2026
3,325,3913.3m shares reported held*
$38.2mreported value*
6 new 10 added 13 reduced 3 sold out net bought ≈ $4.5m (+387.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $11.49.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 46Q1 23: 45Q2 23: 48Q3 23: 47Q4 23: 49Q1 24: 47Q2 24: 45Q3 24: 43Q4 24: 42Q1 25: 40Q2 25: 38Q3 25: 38Q4 25: 44Q1 26: 42Q2 26: 4545Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202248
Q4 202246
Q1 202345
Q2 202348
Q3 202347
Q4 202349
Q1 202447
Q2 202445
Q3 202443
Q4 202442
Q1 202540
Q2 202538
Q3 202538
Q4 202544
Q1 202642
Q2 202645

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 15 bought or addedQ3 24: 26 cut or sold outQ4 24: 14 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 16 bought or addedQ1 25: 17 cut or sold outQ2 25: 11 bought or addedQ2 25: 17 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 14 cut or sold outQ4 25: 18 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 21 bought or addedQ1 26: 17 cut or sold outQ2 26: 16 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241526
Q4 20241430
Q1 20251617
Q2 20251117
Q3 20251114
Q4 20251813
Q1 20262117
Q2 20261616

Biggest buyers

Pathstone Holdings, LLC Added +105,366+105.4k
WELLS FARGO & COMPANY/MN Added +84,037+84.0k
Hennion & Walsh Asset Management, Inc. New +73,079+73.1k
Thomas J. Herzfeld Advisors, Inc. New +66,149+66.1k
Bulldog Investors, LLP Added +50,534+50.5k
Invesco Ltd. New +42,722+42.7k
Kestra Advisory Services, LLC New +36,650+36.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +18,543+18.5k
Closed-End Fund Advisors, Inc. Added +9,283+9.3k
MELFA WEALTH MANAGEMENT, INC. Added +7,268+7.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -36,698-36.7k
Matisse Capital Reduced -23,774-23.8k
Logan Stone Capital, LLC Reduced -21,320-21.3k
GUGGENHEIM CAPITAL LLC Reduced -11,582-11.6k
Steward Partners Investment Advisory, LLC Sold out -7,970-8.0k
RAYMOND JAMES FINANCIAL INC Reduced -6,329-6.3k
Capital Investment Advisors, LLC Reduced -4,200-4.2k
Scarborough Advisors, LLC Sold out -2,745-2.7k
Ackerman Capital Advisors, LLC Reduced -1,538-1.5k
RIVERBRIDGE PARTNERS LLC Reduced -1,262-1.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BANK OF AMERICA CORP /DE/ 13D · may seek influence no change · filed 2026-04-06 100.0% no change 1.1k 2026-04-06

Fell to 5% or below in the last year: FIRST TRUST PORTFOLIOS LP (3.2%, 2026-01-30)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 821,241821.2k $9.4m $9.4m 0.03% Added +105.4k +105,366
2 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 254,793254.8k $2.9m $2.9m 0.02% Reduced -11.6k -11,582
3 ROBINSON CAPITAL MANAGEMENT, LLC 0.99% of their portfolio GROSSE POINTE FARMS, MI 195,329195.3k $2.2m $2.2m 0.99% Unchanged
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 170,498170.5k $2.0m $2.0m 0.00% Added +84.0k +84,037
5 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.11% of their portfolio London, X0 157,714157.7k $1.8m $1.8m 0.11% Unchanged
6 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.08% of their portfolio WEST PALM BEACH, FL 147,928147.9k $1.7m $1.7m 0.08% Added +1.0k +1,001
7 RIVERBRIDGE PARTNERS LLC 0.04% of their portfolio MINNEAPOLIS, MN 139,632139.6k $1.6m $1.6m 0.04% Reduced -1.3k -1,262
8 Matisse Capital 0.48% of their portfolio PORTLAND, OR 105,041105.0k $1.2m $1.2m 0.48% Reduced -23.8k -23,774
9 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 101,527101.5k $1.2m $1.2m 0.00% Reduced -4 -4
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 97,16397.2k $1.1m $1.1m 0.00% Reduced -36.7k -36,698
11 1607 Capital Partners, LLC 0.09% of their portfolio Richmond, VA 90,80490.8k $1.0m $1.0m 0.09% Unchanged
12 Bulldog Investors, LLP 0.21% of their portfolio SADDLE BROOK, NJ 84,71684.7k $973.4k $973.4k 0.21% Added +50.5k +50,534
13 Hennion & Walsh Asset Management, Inc. 0.02% of their portfolio Parsippany, NJ 73,07973.1k $839.7k $839.7k 0.02% New
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 68,67468.7k $789.1k $789.1k 0.00% Reduced -22 -22
15 Thomas J. Herzfeld Advisors, Inc. 0.23% of their portfolio MIAMI BEACH, FL 66,14966.1k $760.1k $760.1k 0.23% New
16 GILL CAPITAL PARTNERS, LLC 0.20% of their portfolio DENVER, CO 64,73964.7k $743.9k $743.9k 0.20% Reduced -450 -450
17 Closed-End Fund Advisors, Inc. 0.69% of their portfolio RICHMOND, VA 61,09761.1k $702.0k $702.0k 0.69% Added +9.3k +9,283
18 MELFA WEALTH MANAGEMENT, INC. 0.29% of their portfolio WESTBOROUGH, MA 46,65646.7k $536.1k $536.1k 0.29% Added +7.3k +7,268
19 Logan Stone Capital, LLC 0.11% of their portfolio CHICAGO, IL 46,02146.0k $528.8k $528.8k 0.11% Reduced -21.3k -21,320
20 Karpus Management, Inc. 0.01% of their portfolio Pittsford, NY 45,19145.2k $519.2k $519.2k 0.01% Unchanged
21 Noble Wealth Management PBC 0.23% of their portfolio GREENWOOD VILLAGE, CO 43,25043.2k $496.9k $496.9k 0.23% Added +5.0k +5,050
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 42,72242.7k $490.9k $490.9k 0.00% New
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 40,91440.9k $470.1k $470.1k 0.00% Reduced -6.3k -6,329
24 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 36,65036.6k $421.1k $421.1k 0.00% New
25 ProVise Management Group, LLC 0.03% of their portfolio CLEARWATER, FL 36,23036.2k $416.3k $416.3k 0.03% Added +500 +500
26 SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio Minneapolis, MN 34,93734.9k $401.0k $401.0k 0.01% Unchanged
27 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,17034.2k $392.6k $392.6k 0.00% Unchanged
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 32,02232.0k $367.9k $367.9k 0.00% Added +3.3k +3,321
29 Ackerman Capital Advisors, LLC 0.06% of their portfolio DALLAS, TX 27,49527.5k $315.9k $315.9k 0.06% Reduced -1.5k -1,538
30 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 24,76324.8k $284.5k $284.5k 0.00% Reduced -4.2k -4,200
31 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 24,55524.6k $282.1k $282.1k 0.00% Added +1.5k +1,482
32 SARD WEALTH MANAGEMENT GROUP, LLC 0.11% of their portfolio ATLANTA, GA 19,70619.7k $226.4k $226.4k 0.11% Reduced -892 -892
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,54318.5k $213.1k $213.1k 0.00% New
34 XML Financial, LLC 0.01% of their portfolio BETHESDA, MD 17,92017.9k $205.9k $205.9k 0.01% Unchanged
35 North Ground Capital 0.22% of their portfolio Cohasset, MA 15,81815.8k $181.7k $181.7k 0.22% Reduced -1.2k -1,200
36 Savvy Advisors, Inc. 0.00% of their portfolio NEW YORK, NY 12,86612.9k $147.8k $147.8k 0.00% Unchanged
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,20110.2k $117.0k $117.0k 0.00% Unchanged
38 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 4,8984.9k $56.3k $56.3k 0.01% Unchanged
39 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,6003.6k $41.4k $41.4k 0.00% New
40 Financial Gravity Companies, Inc. 0.01% of their portfolio Lakeway, TX 3,2603.3k $37.5k $37.5k 0.01% First filing
41 Smallwood Wealth Investment Management, LLC 0.01% of their portfolio RED BANK, NJ 1,9471.9k $22.4k $22.4k 0.01% Unchanged
42 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.8k $3.8k 0.00% Unchanged
43 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $3.0k $3.0k 0.00% Unchanged
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 298298 $3.4k $3.4k 0.00% Unchanged
45 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $8 $8 0.00% Unchanged