Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) to Issue Monthly Dividend of $0.05

Posted by Scott Moore on Mar 29th, 2025

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH – Get Free Report) announced a monthly dividend on Monday, March 17th, Wall Street Journal reports. Investors of record on Monday, March 31st will be given a dividend of 0.0542 per share on Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date of this dividend is Monday, March 31st.

Neuberger Berman Municipal Fund Trading Down 0.6 %

NBH opened at $10.38 on Friday. Neuberger Berman Municipal Fund has a 1 year low of $10.03 and a 1 year high of $11.41. The business’s fifty day moving average price is $10.49.

About Neuberger Berman Municipal Fund

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Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.