Rareview Capital LLC Reduces Stock Position in Neuberger Berman Municipal Fund Inc. $NBH

Rareview Capital LLC cut its holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 14.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 396,617 shares of the company’s stock after selling 65,844 shares during the period. Neuberger Berman Municipal Fund comprises 2.0% of Rareview Capital LLC’s holdings, making the stock its 13th largest holding. Rareview Capital LLC’s holdings in Neuberger Berman Municipal Fund were worth $3,899,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NBH. Advisory Services Network LLC purchased a new position in Neuberger Berman Municipal Fund in the third quarter worth about $35,000. Elyxium Wealth LLC purchased a new stake in Neuberger Berman Municipal Fund during the fourth quarter valued at approximately $43,000. Hollencrest Capital Management raised its position in Neuberger Berman Municipal Fund by 204.2% during the fourth quarter. Hollencrest Capital Management now owns 7,295 shares of the company’s stock valued at $74,000 after purchasing an additional 4,897 shares during the period. Nomura Holdings Inc. bought a new stake in shares of Neuberger Berman Municipal Fund in the 2nd quarter valued at approximately $98,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Neuberger Berman Municipal Fund in the 4th quarter valued at approximately $108,000.

Neuberger Berman Municipal Fund Trading Up 0.3%

Shares of Neuberger Berman Municipal Fund stock opened at $10.05 on Friday. The stock has a 50 day moving average price of $10.30 and a 200-day moving average price of $10.30. Neuberger Berman Municipal Fund Inc. has a one year low of $9.78 and a one year high of $10.72.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.0542 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 6.5%.

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.