NEUBERGER BERMAN MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman Municipal Fund Inc. (NBH) has declared a monthly distribution of $0.05417 per share of common stock. The distribution will be paid on July 15, 2025, with both record and ex-dates set for June 30, 2025. The Fund aims to provide income exempt from regular federal income tax, though distributions may be subject to federal alternative minimum tax for some stockholders. The distributions can include net investment income, realized capital gains, and return of capital. The Fund notes that if distributions exceed net investment income, they may include realized gains and/or return of capital, which could affect NAV per share and reduce investor cost basis. Final tax characteristics of 2025 distributions will be determined after year-end.

Positive

• Monthly dividend distribution provides regular income for shareholders
• Fund offers potential tax advantages with income exempt from regular federal income tax

Negative

• Distributions may be subject to federal alternative minimum tax
• Potential for return of capital which could reduce NAV and investor cost basis

NEW YORK, June 16, 2025 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) (the "Fund") has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on July 15, 2025, has a record date of June 30, 2025, and has an ex-date of June 30, 2025. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor's cost basis of their shares will be reduced. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025. 

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact: 
Neuberger Berman Investment Advisers LLC       
Investor Information       
(877) 461-1899    

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SOURCE Neuberger Berman

FAQ

What is the dividend amount and payment date for Neuberger Berman Municipal Fund (NBH)?

NBH declared a distribution of $0.05417 per share, payable on July 15, 2025, with record and ex-dates of June 30, 2025.

Are NBH Fund distributions tax-exempt?

The Fund seeks to provide income exempt from regular federal income tax, though distributions may be subject to federal alternative minimum tax for some stockholders.

What types of distributions does NBH make?

NBH distributions may consist of net investment income, realized capital gains, and return of capital.

How does NBH's return of capital affect investors?

If distributions include return of capital, it may lead to a decline in NAV per share and reduce an investor's cost basis in their shares.

When will NBH's final 2025 distribution tax characteristics be determined?

The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.