FEDERATED HERMES PREM MUNI I FMN
COM · Closed-End Fund · CUSIP 31423P108
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 48 |
| Q4 2022 | 46 |
| Q1 2023 | 45 |
| Q2 2023 | 48 |
| Q3 2023 | 47 |
| Q4 2023 | 49 |
| Q1 2024 | 47 |
| Q2 2024 | 45 |
| Q3 2024 | 43 |
| Q4 2024 | 42 |
| Q1 2025 | 40 |
| Q2 2025 | 38 |
| Q3 2025 | 38 |
| Q4 2025 | 44 |
| Q1 2026 | 42 |
| Q2 2026 | 45 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 15 | 26 |
| Q4 2024 | 14 | 30 |
| Q1 2025 | 16 | 17 |
| Q2 2025 | 11 | 17 |
| Q3 2025 | 11 | 14 |
| Q4 2025 | 18 | 13 |
| Q1 2026 | 21 | 17 |
| Q2 2026 | 16 | 16 |
Biggest buyers
| Pathstone Holdings, LLC | Added | +105.4k |
| WELLS FARGO & COMPANY/MN | Added | +84.0k |
| Hennion & Walsh Asset Management, Inc. | New | +73.1k |
| Thomas J. Herzfeld Advisors, Inc. | New | +66.1k |
| Bulldog Investors, LLP | Added | +50.5k |
| Invesco Ltd. | New | +42.7k |
| Kestra Advisory Services, LLC | New | +36.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +18.5k |
| Closed-End Fund Advisors, Inc. | Added | +9.3k |
| MELFA WEALTH MANAGEMENT, INC. | Added | +7.3k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -36.7k |
| Matisse Capital | Reduced | -23.8k |
| Logan Stone Capital, LLC | Reduced | -21.3k |
| GUGGENHEIM CAPITAL LLC | Reduced | -11.6k |
| Steward Partners Investment Advisory, LLC | Sold out | -8.0k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -6.3k |
| Capital Investment Advisors, LLC | Reduced | -4.2k |
| Scarborough Advisors, LLC | Sold out | -2.7k |
| Ackerman Capital Advisors, LLC | Reduced | -1.5k |
| RIVERBRIDGE PARTNERS LLC | Reduced | -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.
| Holder | Stake |
|---|---|
| BANK OF AMERICA CORP /DE/ 13D · may seek influence no change · filed 2026-04-06 | 100.0% |
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
| Manager | Shares | Change |
|---|---|---|
| Pathstone Holdings, LLC 0.03% of their portfolio | 821.2k $9.4m | Added +105.4k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 254.8k $2.9m | Reduced -11.6k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.99% of their portfolio | 195.3k $2.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 170.5k $2.0m | Added +84.0k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.11% of their portfolio | 157.7k $1.8m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 147.9k $1.7m | Added +1.0k |
| RIVERBRIDGE PARTNERS LLC 0.04% of their portfolio | 139.6k $1.6m | Reduced -1.3k |
| Matisse Capital 0.48% of their portfolio | 105.0k $1.2m | Reduced -23.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 101.5k $1.2m | Reduced -4 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 97.2k $1.1m | Reduced -36.7k |
| 1607 Capital Partners, LLC 0.09% of their portfolio | 90.8k $1.0m | Unchanged |
| Bulldog Investors, LLP 0.21% of their portfolio | 84.7k $973.4k | Added +50.5k |
| Hennion & Walsh Asset Management, Inc. 0.02% of their portfolio | 73.1k $839.7k | New |
| UBS Group AG 0.00% of their portfolio | 68.7k $789.1k | Reduced -22 |
| Thomas J. Herzfeld Advisors, Inc. 0.23% of their portfolio | 66.1k $760.1k | New |
| GILL CAPITAL PARTNERS, LLC 0.20% of their portfolio | 64.7k $743.9k | Reduced -450 |
| Closed-End Fund Advisors, Inc. 0.69% of their portfolio | 61.1k $702.0k | Added +9.3k |
| MELFA WEALTH MANAGEMENT, INC. 0.29% of their portfolio | 46.7k $536.1k | Added +7.3k |
| Logan Stone Capital, LLC 0.11% of their portfolio | 46.0k $528.8k | Reduced -21.3k |
| Karpus Management, Inc. 0.01% of their portfolio | 45.2k $519.2k | Unchanged |
| Noble Wealth Management PBC 0.23% of their portfolio | 43.2k $496.9k | Added +5.0k |
| Invesco Ltd. 0.00% of their portfolio | 42.7k $490.9k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 40.9k $470.1k | Reduced -6.3k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 36.6k $421.1k | New |
| ProVise Management Group, LLC 0.03% of their portfolio | 36.2k $416.3k | Added +500 |
| SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio | 34.9k $401.0k | Unchanged |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio | 34.2k $392.6k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 32.0k $367.9k | Added +3.3k |
| Ackerman Capital Advisors, LLC 0.06% of their portfolio | 27.5k $315.9k | Reduced -1.5k |
| Capital Investment Advisors, LLC 0.00% of their portfolio | 24.8k $284.5k | Reduced -4.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 24.6k $282.1k | Added +1.5k |
| SARD WEALTH MANAGEMENT GROUP, LLC 0.11% of their portfolio | 19.7k $226.4k | Reduced -892 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 18.5k $213.1k | New |
| XML Financial, LLC 0.01% of their portfolio | 17.9k $205.9k | Unchanged |
| North Ground Capital 0.22% of their portfolio | 15.8k $181.7k | Reduced -1.2k |
| Savvy Advisors, Inc. 0.00% of their portfolio | 12.9k $147.8k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.2k $117.0k | Unchanged |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 4.9k $56.3k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 3.6k $41.4k | New |
| Financial Gravity Companies, Inc. 0.01% of their portfolio | 3.3k $37.5k | First filing |
| Smallwood Wealth Investment Management, LLC 0.01% of their portfolio | 1.9k $22.4k | Unchanged |
| Mascoma Wealth Management LLC 0.00% of their portfolio | 333 $3.8k | Unchanged |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 300 $3.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 298 $3.4k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1 $8 | Unchanged |