Description

The Federated Premier Municipal Income Fund, a closed-end mutual fund, was launched by Federated Investors, Inc. and its investment activities are overseen by Federated Investment Management Company. This fund primarily directs its capital towards the fixed income markets within the United States, with a particular emphasis on acquiring tax-exempt municipal bonds. Its holdings encompass a wide variety of municipal sectors, including general obligation bonds issued by state and local authorities, special tax bonds, as well as those related to healthcare (hospitals, senior care), infrastructure (transportation, water and sewer, electric and gas, public power), and education, including pre-refunded issues. The fund's financial performance is measured against the S&P Municipal Bond Index. Formed on December 20, 2002, the fund maintains its domicile in the United States.