Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

38 institutional holders +0 vs Q2 2025
2,230,2952.2m shares reported held*
$24.6mreported value*
5 new 6 added 11 reduced 3 sold out net sold ≈ $320.8k (-29.1k 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 ≈ $11.04.

Trends to Q3 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: 38Q3 25: 3838Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202538

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 20 bought or addedQ4 23: 25 cut or sold outQ1 24: 19 bought or addedQ1 24: 18 cut or sold outQ1 24Q2 24: 19 bought or addedQ2 24: 23 cut or sold outQ3 24: 15 bought or addedQ3 24: 26 cut or sold outQ3 24Q4 24: 14 bought or addedQ4 24: 30 cut or sold outQ1 25: 16 bought or addedQ1 25: 17 cut or sold outQ1 25Q2 25: 11 bought or addedQ2 25: 17 cut or sold outQ3 25: 11 bought or addedQ3 25: 14 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232025
Q1 20241918
Q2 20241923
Q3 20241526
Q4 20241430
Q1 20251617
Q2 20251117
Q3 20251114

Biggest buyers

Pathstone Holdings, LLC Added +80,046+80.0k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +36,680+36.7k
Steward Partners Investment Advisory, LLC New +27,083+27.1k
PFG Investments, LLC New +15,700+15.7k
CITADEL ADVISORS LLC New +15,688+15.7k
North Ground Capital Added +14,481+14.5k
MORGAN STANLEY Added +12,862+12.9k
RIVERBRIDGE PARTNERS LLC Added +2,735+2.7k
Center for Financial Planning, Inc. New +2,000+2.0k
RAYMOND JAMES FINANCIAL INC Added +396+396

Biggest sellers

GUGGENHEIM CAPITAL LLC Reduced -52,368-52.4k
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -39,172-39.2k
WOLVERINE ASSET MANAGEMENT LLC Sold out -35,459-35.5k
1607 Capital Partners, LLC Reduced -32,550-32.5k
WELLS FARGO & COMPANY/MN Reduced -20,535-20.5k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Sold out -17,806-17.8k
GILL CAPITAL PARTNERS, LLC Reduced -16,729-16.7k
ROYAL BANK OF CANADA Reduced -8,101-8.1k
BANK OF AMERICA CORP /DE/ Reduced -5,476-5.5k
Logan Stone Capital, LLC Reduced -3,986-4.0k

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 Q3 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
101Q4 23: 0 buyingQ4 23: 1 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—1$62.7k—
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.14% of their portfolio NEW YORK, NY 374,908374.9k $4.1m $4.1m 0.14% Unchanged
2 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 339,848339.8k $3.8m $3.8m 0.01% Added +80.0k +80,046
3 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 223,249223.2k $2.5m $2.5m 0.02% Reduced -52.4k -52,368
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 137,778137.8k $1.5m $1.5m 0.00% Reduced -5.5k -5,476
5 Matisse Capital 0.64% of their portfolio PORTLAND, OR 128,815128.8k $1.4m $1.4m 0.64% Unchanged
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 99,29299.3k $1.1m $1.1m 0.00% Reduced -20.5k -20,535
7 RIVERBRIDGE PARTNERS LLC 0.02% of their portfolio MINNEAPOLIS, MN 93,22193.2k $1.0m $1.0m 0.02% Added +2.7k +2,735
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 89,92089.9k $992.7k $992.7k 0.00% Added +396 +396
9 Logan Stone Capital, LLC 0.38% of their portfolio CHICAGO, IL 75,44975.4k $833.0k $833.0k 0.38% Reduced -4.0k -3,986
10 GILL CAPITAL PARTNERS, LLC 0.25% of their portfolio DENVER, CO 72,79372.8k $803.6k $803.6k 0.25% Reduced -16.7k -16,729
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 71,87571.9k $793.5k $793.5k 0.00% Reduced -1.4k -1,411
12 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.06% of their portfolio London, X0 71,60571.6k $790.5k $790.5k 0.06% Added +36.7k +36,680
13 1607 Capital Partners, LLC 0.04% of their portfolio Richmond, VA 43,51043.5k $480.4k $480.4k 0.04% Reduced -32.5k -32,550
14 Noble Wealth Management PBC 0.21% of their portfolio GREENWOOD VILLAGE, CO 35,70035.7k $394.1k $394.1k 0.21% First filing
15 ProVise Management Group, LLC 0.03% of their portfolio CLEARWATER, FL 35,19435.2k $388.5k $388.5k 0.03% Reduced -1.2k -1,185
16 North Ground Capital 0.23% of their portfolio Cohasset, MA 34,37134.4k $379.5k $379.5k 0.23% Added +14.5k +14,481
17 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,17034.2k $377.2k $377.2k 0.00% Reduced -190 -190
18 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 28,96329.0k $319.8k $319.8k 0.01% Unchanged
19 Ackerman Capital Advisors, LLC 0.06% of their portfolio DALLAS, TX 27,36127.4k $302.1k $302.1k 0.06% Reduced -2.1k -2,110
20 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 27,08327.1k $299.0k $299.0k 0.00% New
21 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 26,43426.4k $291.8k $291.8k 0.00% Unchanged
22 MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio WESTBOROUGH, MA 26,12126.1k $288.4k $288.4k 0.17% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 25,84325.8k $285.3k $285.3k 0.00% Added +12.9k +12,862
24 SARD WEALTH MANAGEMENT GROUP, LLC 0.13% of their portfolio ATLANTA, GA 20,59820.6k $227.4k $227.4k 0.13% Unchanged
25 XML Financial, LLC 0.02% of their portfolio BETHESDA, MD 17,92017.9k $197.8k $197.8k 0.02% Unchanged
26 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 15,70015.7k $173.3k $173.3k 0.01% New
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,68815.7k $173.2k $173.2k 0.00% New
28 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 12,86612.9k $142.0k $142.0k 0.00% Unchanged
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,20110.2k $113.0k $113.0k 0.00% Reduced -8.1k -8,101
30 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 4,8984.9k $54.1k $54.1k 0.01% Unchanged
31 SIT INVESTMENT ASSOCIATES INC 0.00% of their portfolio Minneapolis, MN 3,6843.7k $41.0k $41.0k 0.00% Unchanged
32 Center for Financial Planning, Inc. 0.00% of their portfolio SOUTHFIED, MI 2,0002.0k $22.1k $22.1k 0.00% New
33 Smallwood Wealth Investment Management, LLC 0.01% of their portfolio RED BANK, NJ 1,9471.9k $21.5k $21.5k 0.01% Unchanged
34 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 350350 $3.9k $3.9k 0.00% New
35 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.7k $3.7k 0.00% Unchanged
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 306306 $3.3k $3.3k 0.00% Unchanged
37 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $3.0k $3.0k 0.00% Unchanged
38 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $7 $7 0.00% Unchanged