Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH – Get Free Report) declared a monthly dividend on Monday, March 16th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.0542 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Tuesday, March 31st.
Neuberger Berman Municipal Fund Price Performance
NBH opened at $10.25 on Tuesday. The business’s 50-day moving average price is $10.42 and its two-hundred day moving average price is $10.31. Neuberger Berman Municipal Fund has a 1 year low of $9.47 and a 1 year high of $10.64.
Neuberger Berman Municipal Fund Company Profile
Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax‐exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high‐quality state and local government obligations, including general obligation bonds, revenue bonds and essential‐purpose debt issued by U.S. municipalities and related entities.
The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.
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