Federated Hermes Fund Declares Dividend Amid Innovations in Data Analytics Integration
- Federated Hermes Premier Municipal Income Fund announced a dividend of $0.0450 per share, payable on October 1, 2025.
- Federated Hermes manages approximately $845.7 billion in assets, serving over 10,000 institutions globally.
- The firm is a significant player in active investment management, providing diverse solutions to its clients.
Innovative Integration Enhances Data Analytics for Organizations
At the recent SPLUNK .CONF event in Boston, Cisco unveils its new offering, Splunk Federated Search for Snowflake, aimed at transforming data accessibility and analytics for organizations. This integration allows businesses to connect operational and business data across the Splunk and Snowflake platforms seamlessly. With the ever-increasing volume and fragmentation of data sources, the integration addresses a critical challenge for many organizations, facilitating a unified view of insights that can significantly enhance decision-making and spur innovation.
Kamal Hathi, Senior Vice President and General Manager of Splunk, emphasizes that the new integration is designed to create an open ecosystem where organizations can maximize their data usage. By bridging the gap between disparate data sources, this solution enables users to conduct SPL-like queries directly within the Splunk interface. This feature not only simplifies the onboarding process for Snowflake as a data source but also enriches the analytics experience through powerful data joins, making it easier for organizations to extract actionable insights. Such capabilities are particularly valuable in today's data-driven environments, where operational efficiency can define a company's competitive edge.
Moreover, Carl Perry, the Head of Analytics at Snowflake, underscores how this integration dismantles data silos, allowing businesses to tap into their data resources for enhanced insights and AI-driven decision-making. This collaborative effort is tailored to improve various operational use cases, including IT and security operations, and engineering. By providing a consolidated view of both business and operational insights, the Splunk Federated Search for Snowflake empowers enterprises to navigate the complexities of data in the AI era, ensuring they can deliver trusted customer experiences while maintaining a strategic advantage in their respective markets.
In addition to this significant development in data analytics, Federated Hermes Premier Municipal Income Fund announces a dividend of $0.0450 per share, with key dates set for September 23, 2025, and payment scheduled for October 1, 2025. This fund is particularly focused on offering current dividend income that is exempt from federal income tax, including the alternative minimum tax (AMT).
Federated Hermes, headquartered in Pittsburgh, stands as a key player in the active investment management industry, overseeing approximately $845.7 billion in assets as of June 30, 2025. The firm's broad range of investment solutions caters to a diverse clientele, comprising over 10,000 institutions and intermediaries globally, which further solidifies its position in the financial services sector.