#United States #New York #Neuberger Berman #Municipal Fund #Dividend Announcement

Neuberger Berman Municipal Fund's Monthly Distribution Announcement

On January 15, 2025, Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) announced a distribution declaration of $0.05417 per share for its common stock. This announcement is crucial for investors focusing on income, especially since the fund aims to provide tax-exempt revenue under ordinary federal income tax regulations.

The declared distribution will be payable on February 18, 2025. For investors looking to participate, it's important to note that the record date to receive this distribution is set for January 31, 2025, and the ex-dividend date is also marked on January 31, 2025. These dates are vital for investors to ensure they are eligible to receive their shares before the distribution comes into effect.

Neuberger Berman Municipal Fund not only focuses on immediate returns but also emphasizes the long-term investment strategy, which intends to protect capital while generating income. This specific distribution may consist of various components including net investment income, realized capital gains, and a return of capital. It is essential for investors to keep in mind that should the fund distribute more than its net investment income over a given yearly period, the extra distributions could potentially include realized gains or a return of capital. This could lead to a decline in the fund's Net Asset Value (NAV) per share and, in turn, reduce the cost basis for investors holding shares.

To comply with the Investment Company Act of 1940, if the distribution does not solely consist of net investment income, a notification will be provided for informational purposes. This notice will not serve tax reporting purposes but will disclose, among other details, the estimated portions of the distribution constituting net investment income, capital gains, and return of capital.

As we look ahead to the closing of the year 2025, Neuberger Berman plans to finalize the determination of the sources and tax characteristics of all distributions paid. Investors are encouraged to stay informed on the specific tax implications of their distributions next year.

About Neuberger Berman

Established in 1939, Neuberger Berman is a renowned investment manager fully owned by its employees, operating across 26 countries. They manage an impressive total of $508 billion encompassing equities, fixed income, private equity, real estate, and hedge fund portfolios for a diverse clientele that includes global institutions, advisors, and private investors. With a strong emphasis on active management, fundamental research, and engaged ownership, Neuberger Berman has been recognized for excellence in environmental, social, and governance practices. Notably, the firm has consistently been ranked among the best places to work in money management over the past eleven years by Pensions & Investments, reflecting its commitment to fostering a positive workplace culture.

Statements within this release contain forward-looking anticipations involving potential risks and uncertainties which may affect the outcomes. Factors such as downturns in securities markets, changes in government policies, or the inability to execute investment strategies could significantly impact performance metrics.

For further information, feel free to contact Neuberger Berman Investment Advisers at 877-461-1899.