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

Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) declared a monthly dividend on Monday, November 17th. Shareholders of record on Friday, November 28th will be given a dividend of 0.0542 per share on Monday, December 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, November 28th.

Neuberger Berman Municipal Fund Price Performance

Neuberger Berman Municipal Fund stock opened at $10.28 on Tuesday. The company’s 50 day simple moving average is $10.34 and its 200-day simple moving average is $10.05. Neuberger Berman Municipal Fund has a 1 year low of $9.47 and a 1 year high of $10.94.

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.