Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH – Get Free Report) declared a monthly dividend on Wednesday, July 15th. Investors of record on Friday, July 31st will be given a dividend of 0.0542 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 31st.
Neuberger Berman Municipal Fund Trading Up 0.3%
Shares of NBH stock opened at $10.45 on Thursday. The firm’s fifty day moving average price is $10.39 and its two-hundred day moving average price is $10.33. Neuberger Berman Municipal Fund has a 1 year low of $9.69 and a 1 year high of $10.72.
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.
Featured Articles
- Five stocks we like better than Neuberger Berman Municipal Fund
- Tesla’s Delivery Surprise Was Big—Earnings Need to Be Bigger
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
Receive News & Ratings for Neuberger Berman Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.
