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

by · The Cerbat Gem

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH – Get Free Report) announced a monthly dividend on Thursday, January 15th. Shareholders of record on Friday, January 30th will be paid a dividend of 0.0542 per share on Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, January 30th.

Neuberger Berman Municipal Fund Trading Down 0.7%

Shares of NYSEAMERICAN NBH opened at $10.41 on Friday. Neuberger Berman Municipal Fund has a fifty-two week low of $9.47 and a fifty-two week high of $10.82. The stock has a fifty day moving average of $10.24 and a 200-day moving average of $10.14.

Neuberger Berman Municipal Fund Company Profile

(Get Free Report)

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.

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