#United States #New York #Neuberger Berman #Monthly Distribution #Municipal Fund

Neuberger Berman Municipal Fund Announces Monthly Distribution

Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) has officially declared a distribution declaration of $0.05417 for each share of common stock. This announcement, made on October 15, 2025, highlights the Fund's ongoing commitment to providing income investment options that are largely exempt from regular federal income tax obligations.

Distribution Details

The distribution is scheduled for payment on November 17, 2025, with a record date of October 31, 2025. The ex-date for the upcoming distribution is also set for October 31, 2025. It's notable for investors that while the distributions are meant to be tax-exempt, they could be subject to federal alternative minimum tax for certain stakeholders.

Investors can anticipate that the distribution for this month will include net investment income, realized capital gains, and possibly a return of capital. There is an important consideration for investors: if the Fund distributes amounts that exceed its net investment income during any specific year, some distributions may also consist of realized gains or return of capital. This could potentially reduce the net asset value (NAV) per share and lower the investors' cost basis for their shares.

Compliance and Notifications

In line with Section 19 of the Investment Company Act of 1940, Neuberger Berman will provide notices for any distributions that do not consist solely of net investment income. These notifications will serve an informational purpose and will not be intended for tax reporting. They will disclose essential information regarding the distribution, including estimated portions related to net investment income, capital gains, and return of capital.

The conclusion regarding the origin and tax characteristics of all distributions paid in 2025 will be finalized at the year-end.

About Neuberger Berman

Founded in 1939, Neuberger Berman is a fully employee-owned, independent investment firm, demonstrating a robust presence in the financial industry. With over 2,900 employees spread across 26 countries, the firm prides itself on managing a diversified portfolio worth over $558 billion across various asset classes, including equities, fixed income, private equity, real estate, and hedge funds. The company’s investment philosophy is grounded in actively managing investments, thorough fundamental research, and engaged ownership.

This firm has consistently been recognized as a leading workplace within the financial sector, as reflected by its designation as the #1 Best Place to Work in Money Management by Pensions & Investments. Neuberger Berman's commitment to excellence is underscored by its place among the top firms in this category for over a decade.

For those seeking additional information, Neuberger Berman provides resources at their website, including disclosures related to their global communications.

Conclusion

With its ongoing monthly distributions, Neuberger Berman Municipal Fund stands as a competitive option for investors looking for income that avoids the regular federal income tax burden. Stakeholders are encouraged to keep abreast of the Fund's announcements and distributions as the year progresses, ensuring they fully understand the nature and implications of any payments they receive.