Neuberger Berman Fund Declares New Monthly Share Distribution
Neuberger Berman Municipal Fund Declares Monthly Distribution
Neuberger Berman Municipal Fund Inc. (NASDAQ: NBH) has announced its latest monthly distribution of $0.05417 per share. This announcement highlights the Fund's ongoing commitment to provide income that is exempt from regular federal income tax.
The Distribution Details
This recent distribution is set for payment on March 17, 2025, with the record date being February 28, 2025. It is noteworthy that investors should also pay attention to the ex-date, which is aligned with the record date. This information is crucial for stockholders who are keen on receiving their entitled distributions.
Understanding the Composition of Distributions
The distributions may comprise of net investment income, realized capital gains, and return of capital. It's important for investors to know that if the Fund has distributed more than its net investment income during any given yearly period, the additional distributions may include realized gains and/or a return of capital. If a distribution contains a return of capital, investors may find that the Net Asset Value (NAV) per share can decline, which also reduces their cost basis in the shares.
Investment Philosophy of Neuberger Berman
Founded in 1939, Neuberger Berman has grown to a team of over 2,800 employees across 26 countries. The firm boasts a robust philosophy centered around active management, thorough fundamental research, and engaged ownership strategies. They manage a substantial portfolio of equities, fixed income, private equity, real estate, and hedge funds amounting to approximately $508 billion for individual and institutional investors worldwide.
Commitment to Sustainable Investing
Neuberger Berman is at the forefront of stewardship and sustainable investing, which is evident through its high assessment results based on consecutive above-median reporting. This dedication has earned them recognition and accolades within the finance industry.
Acknowledgments and Future Projections
While Neuberger Berman continues to make significant strides, it's critical to recognize that investing inherently involves various risks and uncertainties. Factors impacting the Fund's performance could range from market fluctuations to compete effectively with other investment companies. Compliance with regulations is also a vital aspect of their operational strategy, ensuring any notices required under relevant laws are communicated to stakeholders.
Contact Information
For investor information, individuals can reach out to Neuberger Berman Investment Advisers LLC at (877) 461-1899. The firm is committed to transparency and aims to assist investors in understanding their investment choices better.
Frequently Asked Questions
What is the amount of the recent distribution announced by Neuberger Berman?
The Neuberger Berman Municipal Fund announced a distribution of $0.05417 per share.
When will the distribution be payable?
The distribution is scheduled to be paid on March 17, 2025.
What should investors know about the Fund's distributions?
Distributions may consist of net investment income, realized capital gains, and return of capital, which can affect the NAV per share.
How does Neuberger Berman approach investment management?
Neuberger Berman focuses on active management and fundamental research to deliver investment strategies.
How can I contact Neuberger Berman for more information?
Investors can contact Neuberger Berman Investment Advisers LLC at (877) 461-1899 for details and support.
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