8-K 1 fpimif.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 13, 2003 FEDERATED PREMIER INTERMEDIATE MUNICIPAL INCOME FUND (Exact name of registrant as specified in its charter) Delaware 001-31563 47-1284989 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 5800 Corporate Drive Pittsburgh, Pennsylvania 15237-7000 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (800) 341-7400 Item 9. Regulation FD Disclosure. The following information is furnished pursuant to Item 9 of Form 8-K : Following is information that may be made publicly available on or after February 14, 2003. At January 31, 2003, the Fund held 80 tax exempt securities. At January 31, 2003, the Fund's unlevered duration was 7 years. The Fund will lever through the issuance of auction market preferred shares (AMPS). After the Fund has received and invested the proceeds of its AMPS offering, the Fund will attempt to maintain the duration of its assets at approximately 6 years, resulting in an effective duration to Common Shareholders of approximately 10 years. The following table shows the Fund's credit quality breakdown at January 31, 2003. In addition, after the Fund has received and invested the proceeds of its AMPS offering, the Fund will attempt to increase its allocation to lower rated securities and to maintain the credit quality breakdown specified in its registration statement. --------------------------------------------------------------------------- Rating As of 1/31/03 Target --------------------------------------------------------------------------- --------------------------------------------------------------------------- AAA 56.5% 40-50% --------------------------------------------------------------------------- --------------------------------------------------------------------------- AA/A 18.8% 5-15% --------------------------------------------------------------------------- --------------------------------------------------------------------------- BBB 11.9% 20-25% --------------------------------------------------------------------------- --------------------------------------------------------------------------- BB/B/Unrated 12.9% up to 20% --------------------------------------------------------------------------- At January 31, 2003, the Fund's sector profile was as follows: ----------------------------------------------------------------------- Sector % of Fund ----------------------------------------------------------------------- ----------------------------------------------------------------------- Insured 54.2% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Hospital 13.9% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Special Tax 5.9% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Electric & Gas 5.4% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Industrial Revenue 4.5% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Lifecare 3.2% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Education 2.5% ----------------------------------------------------------------------- ----------------------------------------------------------------------- General Obligation 2.3% ----------------------------------------------------------------------- ----------------------------------------------------------------------- Other 8.2% ----------------------------------------------------------------------- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. FEDERATED PREMIER INTERMEDIATE MUNICIPAL INCOME FUND (Registrant) By /s/ Mary Jo Ochson Mary Jo Ochson Vice President Date: February 13, 2003