Federated Premier Municipal Income Fund announced unaudited earnings for the six-month period ended May 31, 2014. For the period, the company reported net investment income of $2.8 million or $0.45 per common share. Net realized and unrealized gains were $7.0 million or $1.13 per common share.

Net asset value per common share as at May 31, 2014 was $15.08. Total income from investment operations was $1.58 per share. Total return at net asset value was 11.55% and total return at market price was 25.62%.