Le Lézard
Classified in: Business
Subject: DIV

NEUBERGER BERMAN MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION


NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) has announced a distribution declaration of $0.03774 per share of common stock.  The distribution announced today is payable on March 15, 2024, has a record date of February 29, 2024, and has an ex-date of February 28, 2024.  The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2024 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with 2,800 employees in 26 countries. The firm manages $463 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. UNPRI named the firm a Leader, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of December 31, 2023. 

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

 

SOURCE Neuberger Berman


These press releases may also interest you

at 19:10
Ziff Davis, Inc. ("Ziff Davis" or "the Company") today reported unaudited financial results for the first quarter ended March 31, 2024. "Our first quarter financial results are some of the Company's strongest since the second quarter of 2022,"...

at 19:00
American Hotel Income Properties REIT LP ("AHIP") announces that at its annual and special meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 1, 2024 were directed to be elected as...

at 19:00
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Checkpoint Therapeutics, Inc. between March 10, 2021 and December 15, 2023, both dates inclusive (the "Class Period"), of the important June 4, 2024 lead...

at 18:58
Members of the CI Global Asset Management (CI GAM) team, including Nirujan Kanagasingam, SVP, Head of ETF Strategy, and Geraldo Ferreira, SVP, Head of Investment Products & Manager Oversight, along with members of the Munro Partners team, including...

at 18:57
OKX, a leading Web3 technology company, today announced an upcoming X Spaces discussion on the role of artificial intelligence (AI) in Web3. The event, scheduled for Thursday, May 9 at 1 PM UTC, will feature a panel of experts exploring how AI can be...

at 18:55
Athabasca Oil Corporation ("Athabasca" or the "Company") is pleased to report its first quarter results showcasing continued operational momentum and full execution of its inaugural buyback program. Production growth is underway with the...



News published on and distributed by: