142,798 Shares in Neuberger Berman Municipal Fund Inc. $NBH Purchased by Worthington Financial Partners LLC

Worthington Financial Partners LLC bought a new position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 142,798 shares of the company’s stock, valued at approximately $1,445,000. Neuberger Berman Municipal Fund comprises approximately 1.3% of Worthington Financial Partners LLC’s portfolio, making the stock its 24th largest position.

A number of other institutional investors have also recently bought and sold shares of NBH. Invesco Ltd. raised its stake in Neuberger Berman Municipal Fund by 131.6% during the second quarter. Invesco Ltd. now owns 97,936 shares of the company’s stock worth $963,000 after purchasing an additional 55,646 shares during the period. Raymond James Financial Inc. grew its stake in shares of Neuberger Berman Municipal Fund by 6.1% during the 2nd quarter. Raymond James Financial Inc. now owns 103,164 shares of the company’s stock valued at $1,014,000 after buying an additional 5,938 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Neuberger Berman Municipal Fund during the 2nd quarter worth $455,000. Nomura Holdings Inc. purchased a new position in shares of Neuberger Berman Municipal Fund in the 2nd quarter worth $98,000. Finally, Osaic Holdings Inc. raised its position in shares of Neuberger Berman Municipal Fund by 14.0% in the 2nd quarter. Osaic Holdings Inc. now owns 15,102 shares of the company’s stock worth $148,000 after buying an additional 1,859 shares during the period.

Insider Activity at Neuberger Berman Municipal Fund

In other news, major shareholder Of America Corp /De/ Bank bought 3,200 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $10.26 per share, for a total transaction of $32,832.00. Following the completion of the purchase, the insider owned 3,200 shares of the company’s stock, valued at $32,832. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Neuberger Berman Municipal Fund Stock Performance

Shares of NYSEAMERICAN:NBH opened at $10.42 on Friday. Neuberger Berman Municipal Fund Inc. has a 12 month low of $9.69 and a 12 month high of $10.64. The business has a 50-day moving average of $10.32 and a two-hundred day moving average of $10.30.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.0542 per share. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

About Neuberger Berman Municipal Fund

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.