Bank Of America Corp /De/ - Oct 17, 2024 Form 4 Insider Report for Federated Hermes Premier Municipal Income Fund (FMN)

Role
10%+ Owner
Signature
BANK OF AMERICA CORP /DE/ By: /s/ Andres Ortiz
Stock symbol
FMN
Transactions as of
Oct 17, 2024
Transactions value $
$0
Form type
4
Date filed
10/21/2024, 06:08 PM
Previous filing
Oct 1, 2024
Next filing
Oct 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FMN Variable Rate Municipal Term Preferred Shares Other -425 -23.98% 1.35K Oct 17, 2024 SeeFootnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 425 Variable Rate Municipal Term Preferred Shares ("VMTP Shares") reported as disposed of in Table I represent shares that were beneficially owned by Bank of America Preferred Funding Corporation ("PFC"). The 425 VMTP Shares held by PFC were redeemed by the Issuer on October 17, 2024, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by Federated Hermes Premier Municipal Income Fund with the SEC on October 16, 2024, for a redemption price of the liquidation preference and accumulated but unpaid dividends. PFC is a wholly owned subsidiary of Bank of America Corporation.
F2 This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary PFC. Each reporting person is currently analyzing additional trading activity and expect to file another Form 4 as promptly as reasonably practicable once that analysis is complete.
F3 Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Remarks:

Exhibits Index Exhibit 99.1 - Joint Filing Agreement