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Neuberger Berman Municipal Fund's Monthly Distribution Announcement

On March 17, 2025, Neuberger Berman Municipal Fund Inc., listed on NYSE American under the ticker NBH, announced the declaration of a monthly distribution of $0.05417 for each share of common stock. This distribution is a key aspect for shareholders who rely on the fund's income as part of their financial strategy.

Upcoming Payment and Important Dates

The distribution is scheduled to be payable on April 15, 2025. Investors should take note of the important record date, which is set for March 31, 2025. Additionally, the same date will serve as the ex-date, which is crucial for those looking to purchase shares before this upcoming distribution payment.

Tax Implications

A significant highlight of the Neuberger Berman Municipal Fund is its focus on providing income that is typically exempt from federal income tax. However, it is essential for investors to understand that some distributions may fall under the federal alternative minimum tax regulations for certain shareholders. Therefore, they should consult a tax advisor to assess the personal tax implications of their holdings.

Breakdown of Distributions

Today's announcement details that the distribution, along with future payments, might consist of various components such as:

• - Net investment income
• - Realized capital gains
• - Return of capital

If at any point the fund distributes more than its net investment income during a yearly cycle, this could also lead to payouts of realized gains and returns of capital. Notably, should a portion of a distribution include a return of capital, it can affect the Net Asset Value (NAV) per share, and it may reduce the cost basis for investors, which can influence future tax obligations and returns on investment.

In accordance with the Investment Company Act of 1940, a notification will be issued should there be any distributions that do not consist solely of net investment income. This notice will serve to inform shareholders of the estimated breakdown of the distribution amounts.

Firm Overview

Neuberger Berman was established in 1939 and stands out as an employee-owned and independent investment management firm. With over 2,800 employees across 26 countries, it manages approximately $508 billion in assets, which include equities, fixed income, and private equity investments. The firm promotes an investment philosophy that emphasizes active management backed by extensive fundamental research.

Neuberger Berman has garnered recognition for its commitment to sustainability and responsible investing, evidenced by its achievements acknowledged by the Principles for Responsible Investment (PRI). Furthermore, it has consistently ranked highly, landing as the #1 or #2 Best Place to Work in Money Management according to Pensions & Investments for the last ten years.

Risks and Challenges

While Neuberger Berman Municipal Fund offers attractive investment opportunities, potential investors should remain aware of various risks associated with closed-end investment companies. Factors such as market declines, economic fluctuations, competitive pressure, and regulatory changes could significantly affect the fund's performance.

Contact Information

Investors seeking additional information can reach Neuberger Berman's Investment Advisers at (877) 461-1899 for inquiries pertaining to their investments and upcoming distributions.

For those interested, further details can be accessed through Neuberger Berman’s official website at www.nb.com. Understanding the nuances surrounding municipal fund distributions could empower investors in making informed financial decisions moving forward.