Neuberger Berman Municipal Fund Inc. $NBH Shares Bought by Atala Financial Inc

Atala Financial Inc boosted its holdings in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 96.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 102,158 shares of the company’s stock after purchasing an additional 50,064 shares during the period. Atala Financial Inc’s holdings in Neuberger Berman Municipal Fund were worth $1,054,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Melfa Wealth Management Inc. increased its holdings in shares of Neuberger Berman Municipal Fund by 0.5% in the third quarter. Melfa Wealth Management Inc. now owns 224,990 shares of the company’s stock valued at $2,322,000 after buying an additional 1,112 shares in the last quarter. Mackay Shields LLC grew its holdings in shares of Neuberger Berman Municipal Fund by 4.5% in the 3rd quarter. Mackay Shields LLC now owns 1,233,578 shares of the company’s stock worth $12,731,000 after acquiring an additional 52,597 shares during the last quarter. Ackerman Capital Advisors LLC raised its position in shares of Neuberger Berman Municipal Fund by 25.0% during the third quarter. Ackerman Capital Advisors LLC now owns 89,798 shares of the company’s stock worth $927,000 after purchasing an additional 17,933 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Neuberger Berman Municipal Fund by 2.3% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 236,306 shares of the company’s stock valued at $2,439,000 after purchasing an additional 5,306 shares during the last quarter. Finally, Riverbridge Partners LLC boosted its position in shares of Neuberger Berman Municipal Fund by 51.5% in the 3rd quarter. Riverbridge Partners LLC now owns 66,506 shares of the company’s stock valued at $686,000 after purchasing an additional 22,619 shares during the period.

Neuberger Berman Municipal Fund Price Performance

Shares of NBH opened at $10.44 on Wednesday. The business’s 50-day moving average price is $10.27 and its 200 day moving average price is $10.19. Neuberger Berman Municipal Fund Inc. has a 1-year low of $9.47 and a 1-year high of $10.82.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be issued a dividend of $0.0542 per share. The ex-dividend date is Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

About Neuberger Berman Municipal Fund

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.