Neuberger Berman Fund Declares Monthly Distribution Announcement

Neuberger Berman Municipal Fund Announces Monthly Distribution

Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) has recently declared a monthly distribution for its shareholders. The amount announced is $0.05417 per share of common stock. This distribution reflects the Fund's ongoing commitment to providing beneficial returns to its investors.

Key Details About the Distribution

The distribution is set to be paid on a specified date, ensuring that investors receive timely income from their investments. It has an important record date that determines which shareholders are eligible to receive the distribution, ensuring transparency in the process. The ex-date, which is crucial for trading, also reflects this offering.

Understanding Distribution Components

The distributions from the Fund can consist of several types of income, helping to clarify what investors can expect. These may include net investment income, realized capital gains, and possible returns of capital. It is essential to recognize that if the Fund distributes more than the net investment income, there could be a mixture of investment gains and returns included in the distributions.

Impact on Net Asset Value

A significant aspect of these distributions is their potential impact on the Net Asset Value (NAV) per share. If a distribution includes a return of capital, it could lead to a decrease in the NAV and affect an investor's overall cost basis in their shares. Being attentive to these details is crucial for shareholders looking to manage their investments effectively.

About Neuberger Berman

Founded in 1939, Neuberger Berman has established itself as a private, independent investment manager. With a global reach, the company employs over 2,800 professionals across 26 countries. Neuberger manages assets worth $538 billion, spanning various categories such as equities, fixed income, private equity, and hedge funds.

Investing Philosophy and Recognition

The firm's investing philosophy combines active management with rigorous fundamental research and a commitment to engaged ownership. This approach has garnered Neuberger Berman numerous accolades, including recognition as one of the best places to work in money management, solidifying its reputation in the financial industry.

Distribution Information Transparency

For any distribution that includes elements other than net investment income, Neuberger Berman ensures compliance with regulatory requirements. Shareholders will receive informational notices detailing the makeup of their distributions, clarifying which portions are net investment income, capital gains, and any returns of capital. This commitment to transparency helps investors make informed decisions.

Future Distribution Insights

The firm remains vigilant regarding market conditions and regulatory changes that may influence future distributions. Investors are encouraged to stay abreast of any developments that could impact the fund's performance and distribution capabilities, particularly in a dynamic market environment.

Contact Information

For more details, investors can reach out to Neuberger Berman Investment Advisers LLC for assistance. They provide dedicated support through their investor relations team, ensuring that inquiries are addressed efficiently. The contact number is available for any investor-related queries.

Frequently Asked Questions

What is the declared distribution for Neuberger Berman Municipal Fund?

The declared distribution is $0.05417 per share, creating a reliable income stream for shareholders.

When will the distribution be paid to shareholders?

The distribution payment is scheduled for a specific date, allowing eligible shareholders to receive their earnings promptly.

What types of income can the distribution include?

The distribution may include net investment income, realized capital gains, and returns of capital.

How does the distribution affect Net Asset Value (NAV)?

Distributions that consist of returns of capital may lower the NAV per share and impact an investor's cost basis.

Who can shareholders contact for more information?

Investors can contact Neuberger Berman Investment Advisers LLC for any inquiries regarding their investments.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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