NEW YORK,
April 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
May 15, 2024, has a record date of
April 30, 2024, and has an ex-date of
April 29, 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 over 2,800
employees in 26 countries. The firm manages $474 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 March 31, 2024.
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
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SOURCE Neuberger Berman
