Neuberger Berman Municipal Fund Declares Monthly Distribution of $0.05417
Neuberger Berman Municipal Fund Inc. (traded under the symbol NYSE American: NBH) has officially announced its latest monthly distribution for shareholders. The fund has declared a distribution of $0.05417 for each share of its common stock, which aims to provide investors with income that is primarily exempt from federal income tax.
This payment is scheduled for October 15, 2025, with the record date set for September 30, 2025. Notably, the ex-date, or the date on which shares can be traded without the entitlement to the declared distribution, is also September 30, 2025. Shareholders should keep these dates in mind to ensure they receive their distribution.
The structure of the distribution includes various components, which may encompass net investment income, realized capital gains, and returns of capital. It's important for shareholders to note that if the total distribution exceeds net investment income within any given year, it may result in the inclusion of realized gains and/or returns of capital in the distribution.
One critical aspect for investors to understand is that should the fund distribute more than its net investment income, the net asset value (NAV) per share may decline and the cost basis of their shares could be affected. This decline in NAV corresponds to distributions that include returns of capital, which are crucial for investors to recognize for their financial planning.
Compliance with regulatory requirements is paramount for Neuberger Berman. In line with Section 19 of the Investment Company Act of 1940, the firm will offer a notice for any distribution components that do not merely consist of net investment income. This notification serves an informational purpose rather than for tax reporting, detailing estimated portions of the distribution attributed to net investment income, capital gains, and any returns of capital involved.
Ultimately, Neuberger Berman will finalize the determination of the source and tax traits of all distributions for the year 2025 following its conclusion. Investors are encouraged to consult with their financial advisors to understand the potential tax implications associated with these distributions.
As a prominent player in the investment management space, Neuberger Berman has established itself as a reputable firm, focusing on employee ownership and active management since its foundation in 1939, and currently oversees portfolios totaling $538 billion across various asset classes, including equities, fixed income, real estate, and hedge funds. This strong background reflects the firm’s commitment to delivering value to its clients while navigating the complexities of market conditions and regulatory landscapes. The firm’s investment philosophy lies in rigorous fundamental research coupled with engaged ownership, making it a recognized leader in the financial services sector. With a strong workforce of over 2,800 employees spread across 26 countries, Neuberger Berman continues to be a top choice as a workplace in the money management field, as honored by Pensions & Investments over the past eleven years for firms with a large employee base.
In summary, the Neuberger Berman Municipal Fund's announcement of its monthly distribution underscores the firm's dedication to providing its shareholders with tax-efficient income opportunities while maintaining a transparent and compliant operational approach. Investors should stay informed on the specifics of these distributions as they could impact their investment strategies moving forward.
For more information about Neuberger Berman and its offerings, potential investors and interested parties are urged to visit their official website.
This payment is scheduled for October 15, 2025, with the record date set for September 30, 2025. Notably, the ex-date, or the date on which shares can be traded without the entitlement to the declared distribution, is also September 30, 2025. Shareholders should keep these dates in mind to ensure they receive their distribution.
The structure of the distribution includes various components, which may encompass net investment income, realized capital gains, and returns of capital. It's important for shareholders to note that if the total distribution exceeds net investment income within any given year, it may result in the inclusion of realized gains and/or returns of capital in the distribution.
One critical aspect for investors to understand is that should the fund distribute more than its net investment income, the net asset value (NAV) per share may decline and the cost basis of their shares could be affected. This decline in NAV corresponds to distributions that include returns of capital, which are crucial for investors to recognize for their financial planning.
Compliance with regulatory requirements is paramount for Neuberger Berman. In line with Section 19 of the Investment Company Act of 1940, the firm will offer a notice for any distribution components that do not merely consist of net investment income. This notification serves an informational purpose rather than for tax reporting, detailing estimated portions of the distribution attributed to net investment income, capital gains, and any returns of capital involved.
Ultimately, Neuberger Berman will finalize the determination of the source and tax traits of all distributions for the year 2025 following its conclusion. Investors are encouraged to consult with their financial advisors to understand the potential tax implications associated with these distributions.
As a prominent player in the investment management space, Neuberger Berman has established itself as a reputable firm, focusing on employee ownership and active management since its foundation in 1939, and currently oversees portfolios totaling $538 billion across various asset classes, including equities, fixed income, real estate, and hedge funds. This strong background reflects the firm’s commitment to delivering value to its clients while navigating the complexities of market conditions and regulatory landscapes. The firm’s investment philosophy lies in rigorous fundamental research coupled with engaged ownership, making it a recognized leader in the financial services sector. With a strong workforce of over 2,800 employees spread across 26 countries, Neuberger Berman continues to be a top choice as a workplace in the money management field, as honored by Pensions & Investments over the past eleven years for firms with a large employee base.
In summary, the Neuberger Berman Municipal Fund's announcement of its monthly distribution underscores the firm's dedication to providing its shareholders with tax-efficient income opportunities while maintaining a transparent and compliant operational approach. Investors should stay informed on the specifics of these distributions as they could impact their investment strategies moving forward.
For more information about Neuberger Berman and its offerings, potential investors and interested parties are urged to visit their official website.
Topics Financial Services & Investing）
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