Neuberger Municipal Fund Announces Monthly Distribution
Neuberger Municipal Fund Inc. (NYSE American: NBH) has declared a monthly distribution of $0.05417 per share, to be paid on October 15, 2026, with a record date and ex-date both set for September 30, 2026. The fund aims to provide income exempt from regular federal income tax but notes that distributions may be subject to the alternative minimum tax in certain cases. Distributions could include net investment income, realized capital gains, or return of capital; if they exceed annual net investment income, a portion might represent a return of capital which can reduce an investor's cost basis and NAV per share. Neuberger Berman is described as an employee-owned global asset manager with $613 billion in assets under management. The firm emphasizes active management strategies across various markets including equities, fixed income, private equity, real estate, and hedge funds. It was recently recognized for its performance among institutional investors and workplace culture. The announcement includes a disclaimer about forward-looking statements involving risks such as market declines, economic downturns, regulatory changes, and operational challenges.
Tickers: $NBH
Topics: dividends fixed income