Federated Premier Municipal Income Fund announced unaudited earnings results for the six months ended May 31, 2015. For the six months, the company reported net investment income of $2.7 million or $0.44 per common share. Net realized and unrealized losses were $1.1 million or $0.18 per common share.

At May 31, 2015, the company had an undistributed income reserve of $0.077 per common share, down from $0.080 per common share at November 30, 2014. Total income from investment operations per share was $0.26. Net asset value per share as on May 31, 2015 was $15.19.