Neuberger Berman Municipal Fund Inc. (NBH) To Go Ex-Dividend on April 30th

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Wednesday, April 15th. Shareholders of record on Thursday, April 30th will be paid a dividend of 0.0542 per share on Friday, May 15th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, April 30th.

Neuberger Berman Municipal Fund Trading Up 0.7%

Shares of NYSEAMERICAN:NBH opened at $10.26 on Friday. Neuberger Berman Municipal Fund has a 12-month low of $9.68 and a 12-month high of $10.64. The business’s fifty day simple moving average is $10.30 and its 200-day simple moving average is $10.29.

Hedge Funds Weigh In On Neuberger Berman Municipal Fund

A number of large investors have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings 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 valued at $963,000 after buying an additional 55,646 shares in the last quarter. Raymond James Financial Inc. lifted its position in Neuberger Berman Municipal Fund by 6.1% during 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 during the last quarter. Balyasny Asset Management L.P. acquired a new stake in Neuberger Berman Municipal Fund in the second quarter valued at approximately $455,000. Nomura Holdings Inc. acquired a new stake in Neuberger Berman Municipal Fund in the second quarter valued at approximately $98,000. Finally, Osaic Holdings Inc. grew its holdings in Neuberger Berman Municipal Fund by 14.0% in the second quarter. Osaic Holdings Inc. now owns 15,102 shares of the company’s stock worth $148,000 after purchasing an additional 1,859 shares during the last quarter.

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.