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 ≈ $10.50.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 48 |
| Q4 2022 | 46 |
Biggest buyers
| Saba Capital Management, L.P. | New | +374.7k |
| Hennion & Walsh Asset Management, Inc. | Added | +180.8k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Added | +101.0k |
| 1607 Capital Partners, LLC | Added | +88.1k |
| Logan Stone Capital, LLC | Added | +83.8k |
| UBS Group AG | Added | +75.6k |
| MORGAN STANLEY | Added | +74.2k |
| RIVERBRIDGE PARTNERS LLC | New | +46.6k |
| Matisse Capital | Added | +44.6k |
| Ackerman Capital Advisors, LLC | Added | +36.3k |
Biggest sellers
| Wakefield Asset Management LLLP | Sold out | -149.3k |
| Fiera Capital Corp | Sold out | -100.0k |
| LPL Financial LLC | Reduced | -80.0k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Sold out | -70.6k |
| ProVise Management Group, LLC | Reduced | -54.6k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Sold out | -37.1k |
| Invesco Ltd. | Reduced | -31.3k |
| GUGGENHEIM CAPITAL LLC | Reduced | -23.6k |
| XML Financial, LLC | Reduced | -20.6k |
| WELLS FARGO & COMPANY/MN | Reduced | -10.3k |
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 in Q4 2022
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 in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 0.07% of their portfolio | 374.7k $3.9m | New |
| Hennion & Walsh Asset Management, Inc. 0.22% of their portfolio | 336.5k $3.5m | Added +180.8k |
| 1607 Capital Partners, LLC 0.22% of their portfolio | 309.2k $3.2m | Added +88.1k |
| MORGAN STANLEY 0.00% of their portfolio | 226.8k $2.4m | Added +74.2k |
| ROBINSON CAPITAL MANAGEMENT, LLC 1.10% of their portfolio | 203.9k $2.1m | Added +101.0k |
| Ackerman Capital Advisors, LLC 0.46% of their portfolio | 164.8k $1.7m | Added +36.3k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 159.4k $1.7m | Reduced -23.6k |
| UBS Group AG 0.00% of their portfolio | 136.9k $1.4m | Added +75.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 128.6k $1.4m | Added +23.9k |
| GILL CAPITAL PARTNERS, LLC 0.54% of their portfolio | 109.2k $1.1m | Reduced -1.2k |
| Logan Stone Capital, LLC 0.42% of their portfolio | 106.0k $1.1m | Added +83.8k |
| Matisse Capital 0.44% of their portfolio | 89.2k $936.2k | Added +44.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 83.3k $874.6k | Added +8.3k |
| Invesco Ltd. 0.00% of their portfolio | 82.7k $868.0k | Reduced -31.3k |
| XML Financial, LLC 0.11% of their portfolio | 80.6k $846.3k | Reduced -20.6k |
| AQR Arbitrage LLC 0.02% of their portfolio | 78.7k $825.8k | Added +22.4k |
| ProVise Management Group, LLC 0.08% of their portfolio | 77.7k $815.9k | Reduced -54.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 75.7k $794.4k | Reduced -839 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 60.4k $634.3k | Added +6.5k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 46.6k $489.0k | New |
| LPL Financial LLC 0.00% of their portfolio | 44.9k $471.8k | Reduced -80.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 34.2k $359.4k | Reduced -10.3k |
| SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio | 32.9k $345.0k | Unchanged |
| DRIVE WEALTH MANAGEMENT, LLC 0.16% of their portfolio | 30.5k $321.3k | Added +72 |
| HighTower Advisors, LLC 0.00% of their portfolio | 25.2k $254.0k | New |
| Capital Market Strategies LLC 0.28% of their portfolio | 25.1k $263.2k | Reduced -5.5k |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 20.2k $212.0k | Added +3.3k |
| Cedar Brook Financial Partners, LLC 0.05% of their portfolio | 16.0k $168.3k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 15.5k $162.0k | Added +65 |
| Ramiah Investment Group 0.31% of their portfolio | 15.4k $162.1k | Reduced -715 |
| Schneider Downs Wealth Management Advisors, LP 0.03% of their portfolio | 13.3k $139.2k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 13.1k $137.1k | Added +247 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio | 11.3k $118.9k | Reduced -1.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 10.9k $114.9k | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 10.4k $109.3k | Added +123 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.3k $109.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.7k $92.0k | Reduced -3.7k |
| Almitas Capital LLC 0.04% of their portfolio | 8.2k $86.1k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 6.9k $73.0k | Added +403 |
| Avior Wealth Management, LLC 0.00% of their portfolio | 3.7k $38.9k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 3.3k $34.5k | Reduced -7.1k |
| IFP Advisors, Inc 0.00% of their portfolio | 1.0k $14.0k | Added +544 |
| Mascoma Wealth Management LLC 0.00% of their portfolio | 333 $3.5k | Unchanged |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 300 $3.0k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 289 $3.0k | Added +28 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |