PITTSBURGH, March 12 /PRNewswire-FirstCall/ -- Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) have declared their monthly dividends.  The funds seek to provide investors with current dividend income that is exempt from regular federal income tax.  In addition, these funds feature income exempt from the federal alternative minimum tax (AMT).

    
    
    Record Date:      March 23, 2010
    Ex-Dividend Date: March 19, 2010
    Payable Date:     April 1, 2010
                                               Tax-Free Dividends Per Share
                                               ----------------------------
                                                               Change From
                                                                 Previous
                  Closed-End Funds               Amount           Month
                  ----------------               ------        -----------
          FMN     Federated Premier Municipal
                   Income Fund                    $0.087           $(0.003)
          FPT     Federated Premier Intermediate
                   Municipal Income Fund          $0.070           $(0.009)
          ---     ------------------------------  ------           -------

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.  

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $389.3 billion in assets as of Dec. 31, 2009.  With 145 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 5,200 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit FederatedInvestors.com.  

SOURCE Federated Investors, Inc.