Income-Covered Closed-End Fund Report, October 2026

Our Income-Covered screen looks for closed-end funds whose net investment income fully covers the distribution (coverage above 100%) while trading at a discount to NAV, using data as of the close of October 6, 2026. Twenty funds pass this month. Templeton Emerging Markets Income leads the combined yield, discount and z-score ranking, while HFRO has the widest discount at -42.44%. Our model portfolio holdings PFO, HFRO, PCN, PDO, RSF and BANX all make this month's lists, with PFO appearing on all five.

Seeking Alpha • Oct 17, 2026

Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH, Oct. 15, 2026 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of September 30, 2026, is now available in the Products  section of FederatedHermes.com . To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedhermes.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.

PRNewsWire • Oct 15, 2026

Federated Hermes Premier Municipal Income Fund declares dividend

PITTSBURGH, Oct. 12, 2026 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

PRNewsWire • Oct 12, 2026

Income-Covered Closed-End Fund Report, September 2026

Quantitative screens highlight fully-covered CEFs trading at wide discounts, negative z-scores, and high yields, offering both value and income potential. Metrics like premium/discount, coverage, leverage, and z-score are used to shortlist funds for further due diligence, not as final buy/sell recommendations. Funds such as EFT, PFO, and VBF rank highly across every discount, yield, and coverage screen this month, warranting closer investor attention.

Seeking Alpha • Sep 21, 2026

Income-Covered Closed-End Fund Report, August 2026

Quantitative screens highlight CEFs trading at wide discounts, negative z-scores, and high yields, offering both value and income potential. Metrics like premium/discount, coverage, leverage, and z-score are used to shortlist funds for further due diligence, not as final buy/sell recommendations. Funds such as BGX, PFO, and EFT consistently rank highly across discount, yield, and coverage screens, warranting closer investor attention.

Seeking Alpha • Aug 30, 2026

Want to bet on the bond rally? Check out these overlooked funds.

The Treasury just sparked a bond-market rally. Here is why it may not last.

Market Watch • Aug 19, 2026

Closed-End Funds: Screening For The Best Municipal Bond Exposure

Municipal bond closed-end funds (CEFs) are seeing narrowing discounts, with NXP and MHF offering the most compelling value in the space at present. Leverage costs are easing as the Fed cuts rates, which should improve distribution coverage and make leveraged muni CEFs more attractive. Of course, there are always risks that include increased volatility from leverage and sensitivity to long-term Treasury rates, but we've seen long-term rate stabilization within a fairly narrow range.

Seeking Alpha • Feb 4, 2026

CEF Weekly Review: The Difficulties Of High-Quality CEFs

We review the CEF market valuation and performance through the second week of December and highlight recent market action. CEFs mostly declined this week due to a 0.25% rise in 10-year Treasury yields, with only the loan sector showing a slight NAV gain. The BlackRock Enhanced Government Fund (EGF) will merge into BlackRock Income Trust (BKT); high-quality funds like these are not ideal in CEFs.

Seeking Alpha • Dec 21, 2024

Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustees

PITTSBURGH , Dec. 10, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax.

PRNewsWire • Dec 10, 2024

Federated Hermes Premier Municipal Income Fund announces final results of tender offer

PITTSBURGH , Oct. 15, 2024 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) announced today that in accordance with the terms of its tender offer, since the tender offer was oversubscribed, it will purchase 32% of its issued and outstanding common shares on a pro rata basis, with appropriate adjustment to avoid purchase of fractional shares (the "proration factor"). The purchase price is $12.67 per common share, which is 99% of the net asset value per common share determined as of the close of the regular trading session of the New York Stock Exchange on Oct. 11, 2024.

PRNewsWire • Oct 15, 2024