Form 4: Bank of America Corp and Merrill Lynch Report Transactions in Federated Hermes Premier Municipal Income Fund

Bank of America Corp and Merrill Lynch jointly report transactions in Federated Hermes Premier Municipal Income Fund (FMN) common stock, indicating both acquisitions and disposals.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a Form 4 regarding transactions in Federated Hermes Premier Municipal Income Fund (FMN) common stock.
• The transactions occurred on April 9, 2025.
• Bank of America, through its subsidiary Merrill Lynch, acquired 13 shares at $10.85 per share.
• Merrill Lynch disposed of 12 shares at $10.94 per share and 1 share at $10.295 per share.
• The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
• The filing includes a Joint Filing Agreement, effective April 11, 2025, allowing for joint filings under Section 13 or Section 16 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of transactions by significant shareholders, providing transparency to the market regarding ownership changes in Federated Hermes Premier Municipal Income Fund.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small number of shares involved.

Key Dates

Keywords

Form 4, Federated Hermes Premier Municipal Income Fund, FMN, Bank of America, Merrill Lynch, Beneficial Ownership, Transaction, Securities Exchange Act, Joint Filing Agreement