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
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SOURCE Neuberger Berman