Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) to Issue $0.05 Monthly Dividend

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.0542 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, March 31st.

Neuberger Berman Municipal Fund Trading Down 0.1%

Shares of NYSEAMERICAN NBH opened at $10.25 on Tuesday. Neuberger Berman Municipal Fund has a 1 year low of $9.47 and a 1 year high of $10.64. The company’s 50-day moving average is $10.42 and its 200 day moving average is $10.31.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax‐exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high‐quality state and local government obligations, including general obligation bonds, revenue bonds and essential‐purpose debt issued by U.S. municipalities and related entities.

The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.