Neuberger Berman Municipal Fund Inc. Declares Monthly Dividend of $0.05 (NYSEAMERICAN:NBH)

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) announced a monthly dividend on Monday, December 15th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.0542 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Wednesday, December 31st.

Neuberger Berman Municipal Fund Stock Down 0.0%

Shares of NYSEAMERICAN NBH traded down $0.00 during midday trading on Tuesday, reaching $10.20. The stock had a trading volume of 19,662 shares, compared to its average volume of 97,963. The company’s 50 day moving average price is $10.29 and its 200 day moving average price is $10.08. Neuberger Berman Municipal Fund has a twelve month low of $9.47 and a twelve month high of $10.82.

About Neuberger Berman Municipal Fund

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.