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Neuberger Berman Municipal Fund Announces Monthly Distribution of $0.05417 Per Share.
ByAinvest
Friday, Aug 15, 2025 4:33 pm ET1min read
Neuberger Berman Municipal Fund Inc. has announced a distribution of $0.05417 per share of common stock. The distribution is payable on September 15, 2025, with a record date of August 29, 2025, and ex-date of August 29, 2025. The fund seeks to provide income exempt from regular federal income tax and may be subject to the federal alternative minimum tax. Distributions may consist of net investment income, realized capital gains, and return of capital.
Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) has declared a monthly distribution of $0.05417 per share of common stock. The distribution will be paid on September 15, 2025, with a record date of August 29, 2025, and an ex-date of August 29, 2025 [1].The Fund, a diversified, closed-end management investment company, primarily invests in municipal securities. Its investment objective is to provide a high level of current income exempt from regular federal income tax. Distributions may be subject to the federal alternative minimum tax for some stockholders [2].
The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor's cost basis of their shares will be reduced [3].
Neuberger Berman, an employee-owned, private, independent investment manager, manages $538 billion of equities, fixed income, private equity, real estate, and hedge fund portfolios for global institutions, advisors, and individuals. The firm's investment philosophy is founded on active management, fundamental research, and engaged ownership [3].
References:
[1] https://www.stocktitan.net/news/NBH/neuberger-berman-municipal-fund-announces-monthly-vpzvlglliswo.html
[2] https://www.marketscreener.com/quote/stock/NEUBERGER-BERMAN-MUNICIPA-15656/
[3] https://www.prnewswire.com/news-releases/neuberger-berman-municipal-fund-announces-monthly-distribution-302530694.html
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