Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Plans $0.05 Monthly Dividend

by · The Cerbat Gem

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH – Get Free Report) declared a monthly dividend on Friday, May 15th. Shareholders of record on Friday, May 29th will be given a dividend of 0.0542 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, May 29th.

Neuberger Berman Municipal Fund Stock Performance

NYSEAMERICAN NBH opened at $10.32 on Wednesday. Neuberger Berman Municipal Fund has a fifty-two week low of $9.69 and a fifty-two week high of $10.64. The business has a 50 day moving average price of $10.21 and a two-hundred day moving average price of $10.29.

About Neuberger Berman Municipal Fund

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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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