Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

38 institutional holders -2 vs Q1 2025
2,246,3242.2m shares reported held*
$23.9mreported value*
2 new 9 added 14 reduced 3 sold out net bought ≈ $571.4k (+53.7k 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 ≈ $10.64.

Trends to Q2 2025

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: 3838Q3 22Q2 23Q1 24Q4 24Q2 25
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

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 21 bought or addedQ3 23: 21 cut or sold outQ4 23: 20 bought or addedQ4 23: 25 cut or sold outQ4 23Q1 24: 19 bought or addedQ1 24: 18 cut or sold outQ2 24: 19 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 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 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232121
Q4 20232025
Q1 20241918
Q2 20241923
Q3 20241526
Q4 20241430
Q1 20251617
Q2 20251117

Biggest buyers

Matisse Capital New +128,815+128.8k
GUGGENHEIM CAPITAL LLC Added +68,566+68.6k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +39,172+39.2k
ROYAL BANK OF CANADA Added +9,151+9.2k
RAYMOND JAMES FINANCIAL INC Added +8,251+8.3k
RIVERBRIDGE PARTNERS LLC Added +3,898+3.9k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Added +3,112+3.1k
MELFA WEALTH MANAGEMENT, INC. Added +1,655+1.7k
WELLS FARGO & COMPANY/MN Added +531+531
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +308+308

Biggest sellers

ROBINSON CAPITAL MANAGEMENT, LLC Sold out -53,234-53.2k
WHITEBOX ADVISORS LLC Sold out -46,426-46.4k
TRUIST FINANCIAL CORP Reduced -25,946-25.9k
WOLVERINE ASSET MANAGEMENT LLC Reduced -17,148-17.1k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -15,600-15.6k
Ackerman Capital Advisors, LLC Reduced -11,839-11.8k
Pathstone Holdings, LLC Reduced -10,429-10.4k
BANK OF AMERICA CORP /DE/ Reduced -7,633-7.6k
Logan Stone Capital, LLC Reduced -5,060-5.1k
SARD WEALTH MANAGEMENT GROUP, LLC Reduced -4,678-4.7k

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 in Q2 2025

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 1 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—1$62.7k—
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-04-09 BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes Sold 13 $10.89 $14213 shares -100%
2025-04-09 BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes Bought 13 $10.85 $14113 shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.11% of their portfolio NEW YORK, NY 374,908374.9k $4.0m $4.0m 0.11% Unchanged
2 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 275,617275.6k $2.9m $2.9m 0.02% Added +68.6k +68,566
3 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 259,802259.8k $2.8m $2.8m 0.01% Reduced -10.4k -10,429
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 143,254143.3k $1.5m $1.5m 0.00% Reduced -7.6k -7,633
5 Matisse Capital 0.65% of their portfolio PORTLAND, OR 128,815128.8k $1.4m $1.4m 0.65% New
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 119,827119.8k $1.3m $1.3m 0.00% Added +531 +531
7 RIVERBRIDGE PARTNERS LLC 0.02% of their portfolio MINNEAPOLIS, MN 90,48690.5k $962.8k $962.8k 0.02% Added +3.9k +3,898
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 89,52489.5k $952.5k $952.5k 0.00% Added +8.3k +8,251
9 GILL CAPITAL PARTNERS, LLC 0.31% of their portfolio DENVER, CO 89,52289.5k $952.5k $952.5k 0.31% Unchanged
10 Logan Stone Capital, LLC 0.40% of their portfolio CHICAGO, IL 79,43579.4k $845.2k $845.2k 0.40% Reduced -5.1k -5,060
11 1607 Capital Partners, LLC 0.07% of their portfolio Richmond, VA 76,06076.1k $809.3k $809.3k 0.07% Unchanged
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 73,28673.3k $779.8k $779.8k 0.00% Reduced -865 -865
13 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.02% of their portfolio WEST PALM BEACH, FL 39,17239.2k $416.8k $416.8k 0.02% New
14 ProVise Management Group, LLC 0.03% of their portfolio CLEARWATER, FL 36,37936.4k $387.1k $387.1k 0.03% Unchanged
15 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 35,45935.5k $377.3k $377.3k 0.01% Reduced -17.1k -17,148
16 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.03% of their portfolio London, X0 34,92534.9k $371.6k $371.6k 0.03% Reduced -15.6k -15,600
17 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,36034.4k $365.6k $365.6k 0.00% Unchanged
18 Ackerman Capital Advisors, LLC 0.07% of their portfolio DALLAS, TX 29,47129.5k $313.6k $313.6k 0.07% Reduced -11.8k -11,839
19 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 28,96329.0k $308.2k $308.2k 0.01% Unchanged
20 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 26,43426.4k $281.3k $281.3k 0.00% Reduced -25.9k -25,946
21 MELFA WEALTH MANAGEMENT, INC. 0.18% of their portfolio WESTBOROUGH, MA 26,12126.1k $277.9k $277.9k 0.18% Added +1.7k +1,655
22 SARD WEALTH MANAGEMENT GROUP, LLC 0.14% of their portfolio ATLANTA, GA 20,59820.6k $219.2k $219.2k 0.14% Reduced -4.7k -4,678
23 North Ground Capital 0.27% of their portfolio Cohasset, MA 19,89019.9k $210.7k $210.7k 0.27% Reduced -2.2k -2,210
24 Capital Market Strategies LLC 0.14% of their portfolio PALM BEACH GARDENS, FL 19,41219.4k $206.5k $206.5k 0.14% Reduced -1.1k -1,124
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 18,30218.3k $194.0k $194.0k 0.00% Added +9.2k +9,151
26 XML Financial, LLC 0.02% of their portfolio BETHESDA, MD 17,92017.9k $190.7k $190.7k 0.02% Reduced -2.6k -2,600
27 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio Englewood, NJ 17,80617.8k $189.5k $189.5k 0.01% Added +308 +308
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,98113.0k $138.1k $138.1k 0.00% Reduced -167 -167
29 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 12,86612.9k $136.9k $136.9k 0.00% Reduced -1.4k -1,450
30 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 4,8984.9k $52.1k $52.1k 0.01% Added +3.1k +3,112
31 SIT INVESTMENT ASSOCIATES INC 0.00% of their portfolio Minneapolis, MN 3,6843.7k $39.0k $39.0k 0.00% Unchanged
32 Financial Gravity Companies, Inc. 0.01% of their portfolio Lakeway, TX 3,2603.3k $34.7k $34.7k 0.01% First filing
33 Smallwood Wealth Investment Management, LLC 0.01% of their portfolio RED BANK, NJ 1,9471.9k $20.7k $20.7k 0.01% Unchanged
34 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.5k $3.5k 0.00% Unchanged
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 306306 $3.3k $3.3k 0.00% Added +189 +189
36 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $3.0k $3.0k 0.00% Unchanged
37 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $7 $7 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged