NEW
YORK, Dec. 15, 2023 /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 January 16, 2024, has a
record date of December 29, 2023, and
has an ex-date of December 28, 2023.
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, founded in 1939, is a private, independent,
employee-owned investment manager. The firm manages a range of
strategies—including equity, fixed income, quantitative and
multi-asset class, private equity, real estate and hedge funds—on
behalf of institutions, advisors and individual investors
globally. Neuberger Berman's investment philosophy is founded
on active management, engaged ownership and fundamental research,
including industry-leading research into material environmental,
social and governance factors. Neuberger Berman is a PRI Leader, a
designation awarded to fewer than 1% of investment firms. With
offices in 26 countries, the firm's diverse team has over 2,750
professionals. For nine consecutive years, Neuberger Berman
has been named first or second in Pensions & Investments Best
Places to Work in Money Management survey (among those with 1,000
employees or more). The firm manages $439
billion in client assets as of September 30, 2023. For more information, please
visit our website at www.nb.com.
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