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Neuberger Berman Municipal Fund has announced a distribution of $0.05417 per share of common stock, payable on October 15, 2025. The distribution may consist of net investment income, realized capital gains, and return of capital. A notice will be provided for any distribution that does not consist solely of net investment income. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.

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