Federated Hermes Fund Declares Dividend Amid Splunk-Snowflake Data Integration Announcement
- Federated Hermes Premier Municipal Income Fund declared a $0.0450 per share dividend, payable on October 1, 2025.
- The fund aims to provide tax-exempt income, including exemption from federal alternative minimum tax (AMT).
- Federated Hermes manages $845.7 billion in assets, offering diverse investment solutions to over 10,000 global institutions.
### Enhancing Data Visibility: Federated Search Integration Boosts Business Intelligence
At the recent SPLUNK .CONF event in Boston, Cisco unveils the Splunk Federated Search for Snowflake, a groundbreaking integration poised to transform data analytics for organizations. This innovation addresses the critical challenges of data fragmentation and increasing volume that businesses face today. By enabling seamless connections between Splunk and Snowflake, companies can now effortlessly query operational and business data across both platforms. Kamal Hathi, Senior Vice President and General Manager of Splunk, emphasizes that this integration facilitates unified access to insights, paving the way for faster decision-making and more robust innovation.
The collaboration between Splunk and Snowflake aims to create an open ecosystem that empowers organizations to make the most of their data. Carl Perry, Head of Analytics at Snowflake, highlights the importance of simplifying data access and breaking down informational silos. This integration not only enhances the ability to harness data for meaningful insights but also enables AI-driven decision-making. By providing key features such as easy onboarding of Snowflake as a data source, users can write SPL-like queries directly from the Splunk interface, enriching their analytics experience and operational efficiency.
The implications of the Splunk Federated Search for Snowflake extend across various use cases, including IT operations, security operations, and engineering. By uniting business and operational insights in a single view, this integration equips enterprises to navigate the complexities of the data landscape in the AI era. It supports organizations in remaining competitive and capable of delivering trusted customer experiences, reinforcing the necessity of integrated data solutions in today's fast-paced business environment.
In related news, Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend of $0.0450 per share, with important dates set for September 23, 2025, as the record and ex-dividend dates, and the payment due on October 1, 2025. This fund is dedicated to providing investors with current dividend income that is exempt from federal income tax, including the federal alternative minimum tax (AMT).
Federated Hermes, based in Pittsburgh, stands as a major player in active investment management, managing $845.7 billion in assets as of June 30, 2025. The firm offers a range of investment solutions to over 10,000 institutions and intermediaries globally, ensuring a strong commitment to delivering tax-efficient income options for its clients in the financial services sector.
