Short Interest in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Decreases By 27.7%

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 24,710 shares, a decline of 27.7% from the February 26th total of 34,181 shares. Based on an average trading volume of 70,665 shares, the short-interest ratio is presently 0.3 days.

Neuberger Berman Municipal Fund Stock Up 0.6%

Shares of NYSEAMERICAN:NBH traded up $0.06 during trading on Monday, hitting $9.87. 129,171 shares of the company traded hands, compared to its average volume of 87,678. The business’s fifty day moving average is $10.36 and its 200-day moving average is $10.31. Neuberger Berman Municipal Fund has a one year low of $9.47 and a one year high of $10.64.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.0542 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, March 31st.

Hedge Funds Weigh In On Neuberger Berman Municipal Fund

Several institutional investors have recently modified their holdings of NBH. Advisors Asset Management Inc. increased its stake in Neuberger Berman Municipal Fund by 28.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 461,695 shares of the company’s stock valued at $4,538,000 after buying an additional 102,102 shares during the period. Invesco Ltd. lifted its stake in shares of Neuberger Berman Municipal Fund by 131.6% in the 2nd quarter. Invesco Ltd. now owns 97,936 shares of the company’s stock worth $963,000 after acquiring an additional 55,646 shares during the period. Guggenheim Capital LLC boosted its holdings in shares of Neuberger Berman Municipal Fund by 95.9% in the second quarter. Guggenheim Capital LLC now owns 454,829 shares of the company’s stock valued at $4,471,000 after acquiring an additional 222,668 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Neuberger Berman Municipal Fund by 6.1% in the second quarter. Raymond James Financial Inc. now owns 103,164 shares of the company’s stock valued at $1,014,000 after acquiring an additional 5,938 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Neuberger Berman Municipal Fund during the second quarter valued at approximately $455,000.

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.