Neuberger Berman Municipal Fund Inc. (NBH) to Issue Monthly Dividend of $0.05 on March 16th

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Tuesday, February 17th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.0542 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, February 27th.

Neuberger Berman Municipal Fund Trading Up 0.2%

Shares of NYSEAMERICAN:NBH opened at $10.61 on Thursday. The stock has a 50 day moving average of $10.33 and a 200 day moving average of $10.24. Neuberger Berman Municipal Fund has a 12-month low of $9.47 and a 12-month high of $10.82.

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.