Federated Premier Municipal Income Fund (FMN) Has Bearish Multiple Bottom Chart Pattern Trading At $13.37

Big Money Sentiment increased to 1.21 in 2018 Q4. It has change of 0.13, from 2018Q3’s 1.08. The ratio improved due to Federated Premier Municipal Income Fund positioning: 3 sold and 11 reduced. 6 funds amassed stakes and 11 increased stakes. Investors holded 1.40 million in 2018Q3 but now own 2.14 million shares or 52.30% more.
Benjamin F Edwards And Company Incorporated has invested 0% of its capital in Federated Premier Municipal Income Fund (NYSE:FMN). Envestnet Asset holds 17,792 shs. Landscape Cap Mgmt Ltd Liability Co holds 0.05% or 54,077 shs in its capital. Charter Tru has invested 0.04% in Federated Premier Municipal Income Fund (NYSE:FMN). Us Bank De has invested 0% in Federated Premier Municipal Income Fund (NYSE:FMN). Wolverine Asset Mgmt Limited Liability Co holds 0.01% of its capital in Federated Premier Municipal Income Fund (NYSE:FMN) for 94,321 shs. Invesco Ltd stated it has 0% in Federated Premier Municipal Income Fund (NYSE:FMN). The Illinois-based Guggenheim Capital Ltd Co has invested 0% in Federated Premier Municipal Income Fund (NYSE:FMN). Dakota Wealth Mgmt reported 0.03% stake. Mariner Group Llc has invested 0.83% in Federated Premier Municipal Income Fund (NYSE:FMN). Alliancebernstein Lp holds 10,946 shs. Fincl Bank Of America De has invested 0% in Federated Premier Municipal Income Fund (NYSE:FMN). Rmb Mngmt Ltd Liability Corp stated it has 0.01% of its capital in Federated Premier Municipal Income Fund (NYSE:FMN). 18,868 are owned by Royal Bank & Trust Of Canada. Smith Moore Communications, a Missouri-based fund reported 16,475 shs.

Multiple bottoms technical pattern was formed by Federated Premier Municipal Income Fund (FMN) with $12.30 price target or 8.00 % below today’s $13.37 price per share. This technical pattern was announced on Mar, 14 by Finviz.com. At $12.30 price target, the company’s valuation could be $12.30 million less.

FMN touched $13.37 during the last trading session after $0.03 change.Federated Premier Municipal Income Fund has volume of 7,086 shares. Since March 14, 2018 FMN has declined 1.34% and is downtrending. The stock underperformed the S&P 500 by 5.71%.

For more Federated Premier Municipal Income Fund (NYSE:FMN) news brought out briefly go to: Businesswire.com, Seekingalpha.com, Prnewswire.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “Kaplan to Acquire SmartPros Expanding Its Continuing Education Offering in Accountancy and Financial Services – Business Wire” brought out on October 22, 2015, “Weekly Review: Municipal Bond CEFs – The Sector Is Suffering From The Rising Yields – Seeking Alpha” on September 19, 2018, “Federated Investment Management Company Announces Completion of Closed-End Fund Reorganization – PR Newswire” with a publish date: November 20, 2017, “The Chemist’s Quality Closed-End Fund Report – October 2018: This Senior Loan Fund Has Increasing NII And Great Coverage – Seeking Alpha” and the last “Month-End Portfolio Data Now Available for Federated Investors’ Closed-End Funds – PR Newswire” with publication date: May 16, 2011.

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