Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

42 institutional holders -2 vs Q4 2025
2,937,4942.9m shares reported held*
$32.1mreported value*
6 new 15 added 9 reduced 8 sold out net bought ≈ $1.8m (+166.4k 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 ≈ $10.94.

Trends to Q1 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: 4242Q3 22Q3 23Q3 24Q3 25Q1 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

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 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 25Q4 25: 18 bought or addedQ4 25: 13 cut or sold outQ1 26: 21 bought or addedQ1 26: 17 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241923
Q3 20241526
Q4 20241430
Q1 20251617
Q2 20251117
Q3 20251114
Q4 20251813
Q1 20262117

Biggest buyers

Pathstone Holdings, LLC Added +162,268+162.3k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +121,777+121.8k
Bank of New York Mellon Corp Added +87,048+87.0k
1607 Capital Partners, LLC Added +47,294+47.3k
Karpus Management, Inc. New +45,191+45.2k
ROBINSON CAPITAL MANAGEMENT, LLC Added +42,547+42.5k
Bulldog Investors, LLP New +34,182+34.2k
SIT INVESTMENT ASSOCIATES INC Added +31,253+31.3k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +30,000+30.0k
Closed-End Fund Advisors, Inc. Added +25,911+25.9k

Biggest sellers

Saba Capital Management, L.P. Sold out -365,326-365.3k
Thomas J. Herzfeld Advisors, Inc. Sold out -29,727-29.7k
North Ground Capital Reduced -21,411-21.4k
GUGGENHEIM CAPITAL LLC Reduced -19,717-19.7k
PFG Investments, LLC Sold out -15,700-15.7k
Aptus Capital Advisors, LLC Sold out -12,866-12.9k
Steward Partners Investment Advisory, LLC Reduced -10,983-11.0k
JANE STREET GROUP, LLC Sold out -10,840-10.8k
HighTower Advisors, LLC Sold out -10,702-10.7k
RAYMOND JAMES FINANCIAL INC Reduced -10,038-10.0k

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 Q1 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 in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 715,875715.9k $7.8m $7.8m 0.03% Added +162.3k +162,268
2 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 266,375266.4k $2.9m $2.9m 0.02% Reduced -19.7k -19,717
3 ROBINSON CAPITAL MANAGEMENT, LLC 0.97% of their portfolio GROSSE POINTE FARMS, MI 195,329195.3k $2.2m $2.2m 0.97% Added +42.5k +42,547
4 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.13% of their portfolio London, X0 157,714157.7k $1.7m $1.7m 0.13% Added +30.0k +30,000
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.08% of their portfolio WEST PALM BEACH, FL 146,927146.9k $1.6m $1.6m 0.08% Added +121.8k +121,777
6 RIVERBRIDGE PARTNERS LLC 0.04% of their portfolio MINNEAPOLIS, MN 140,894140.9k $1.5m $1.5m 0.04% Added +15.2k +15,195
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 133,861133.9k $1.5m $1.5m 0.00% Added +8.8k +8,804
8 Matisse Capital 0.60% of their portfolio PORTLAND, OR 128,815128.8k $1.4m $1.4m 0.60% Unchanged
9 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 101,531101.5k $1.1m $1.1m 0.00% Added +87.0k +87,048
10 1607 Capital Partners, LLC 0.07% of their portfolio Richmond, VA 90,80490.8k $992.5k $992.5k 0.07% Added +47.3k +47,294
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 86,46186.5k $945.0k $945.0k 0.00% Reduced -6.7k -6,707
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 68,69668.7k $750.8k $750.8k 0.00% Reduced -6.4k -6,357
13 Logan Stone Capital, LLC 0.20% of their portfolio CHICAGO, IL 67,34167.3k $736.0k $736.0k 0.20% Reduced -1.5k -1,486
14 GILL CAPITAL PARTNERS, LLC 0.20% of their portfolio DENVER, CO 65,18965.2k $712.5k $712.5k 0.20% Reduced -181 -181
15 Closed-End Fund Advisors, Inc. 0.58% of their portfolio RICHMOND, VA 51,81451.8k $566.3k $566.3k 0.58% Added +25.9k +25,911
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 47,24347.2k $516.4k $516.4k 0.00% Reduced -10.0k -10,038
17 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 45,19145.2k $493.9k $493.9k 0.02% New
18 MELFA WEALTH MANAGEMENT, INC. 0.25% of their portfolio WESTBOROUGH, MA 39,38839.4k $430.5k $430.5k 0.25% Added +8.3k +8,267
19 Noble Wealth Management PBC 0.21% of their portfolio GREENWOOD VILLAGE, CO 38,20038.2k $417.5k $417.5k 0.21% Added +450 +450
20 ProVise Management Group, LLC 0.03% of their portfolio CLEARWATER, FL 35,73035.7k $390.5k $390.5k 0.03% Added +1.5k +1,536
21 SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio Minneapolis, MN 34,93734.9k $382.0k $382.0k 0.01% Added +31.3k +31,253
22 Bulldog Investors, LLP 0.08% of their portfolio SADDLE BROOK, NJ 34,18234.2k $373.6k $373.6k 0.08% New
23 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,17034.2k $373.5k $373.5k 0.00% Unchanged
24 Ackerman Capital Advisors, LLC 0.07% of their portfolio DALLAS, TX 29,03329.0k $317.3k $317.3k 0.07% Added +3.4k +3,383
25 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 28,96329.0k $316.6k $316.6k 0.00% Unchanged
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 28,70128.7k $313.7k $313.7k 0.00% Added +562 +562
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 23,07323.1k $252.2k $252.2k 0.00% New
28 SARD WEALTH MANAGEMENT GROUP, LLC 0.12% of their portfolio ATLANTA, GA 20,59820.6k $225.1k $225.1k 0.12% Unchanged
29 XML Financial, LLC 0.02% of their portfolio BETHESDA, MD 17,92017.9k $195.9k $195.9k 0.02% Unchanged
30 North Ground Capital 0.22% of their portfolio Cohasset, MA 17,01817.0k $186.0k $186.0k 0.22% Reduced -21.4k -21,411
31 Savvy Advisors, Inc. 0.00% of their portfolio NEW YORK, NY 12,86612.9k $140.6k $140.6k 0.00% Unchanged
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,20110.2k $111.0k $111.0k 0.00% Reduced -191 -191
33 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,9708.0k $87.1k $87.1k 0.00% Reduced -11.0k -10,983
34 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 4,8984.9k $53.5k $53.5k 0.01% Unchanged
35 Financial Gravity Asset Management, Inc. 0.01% of their portfolio Lakeway, TX 3,2603.3k $35.6k $35.6k 0.01% New
36 Scarborough Advisors, LLC 0.00% of their portfolio ANNAPOLIS, MD 2,7452.7k $30.0k $30.0k 0.00% New
37 Smallwood Wealth Investment Management, LLC 0.01% of their portfolio RED BANK, NJ 1,9471.9k $21.3k $21.3k 0.01% Unchanged
38 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 702702 $7.7k $7.7k 0.00% New
39 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.6k $3.6k 0.00% Unchanged
40 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $3.0k $3.0k 0.00% Unchanged
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 298298 $3.3k $3.3k 0.00% Unchanged
42 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $7 $7 0.00% Unchanged