Neuberger Berman Municipal Fund Inc. (NBH) to Issue Monthly Dividend of $0.05 on October 15th

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) declared a monthly dividend on Monday, September 15th. Investors of record on Tuesday, September 30th will be paid a dividend of 0.0542 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, September 30th.

Neuberger Berman Municipal Fund Trading Up 0.2%

Shares of NYSEAMERICAN NBH opened at $10.32 on Friday. The stock has a 50 day moving average of $10.01 and a 200-day moving average of $10.01. Neuberger Berman Municipal Fund has a 12 month low of $9.47 and a 12 month high of $11.24.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.