NEUBERGER BERMAN MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman Municipal Fund (NYSE American: NBH) declared a monthly distribution of $0.05417 per share payable on November 17, 2025 with record and ex-date of October 31, 2025. The Fund seeks to provide income that is exempt from regular federal income tax, though distributions may be subject to the federal alternative minimum tax for some stockholders.

Distributions may consist of net investment income, realized capital gains, and/or return of capital; if distributions include return of capital, NAV per share may decline and shareholders' cost basis will be reduced. Final tax characterization for 2025 distributions will be determined after year-end.

Positive

• Declared distribution of $0.05417 per share
• Payable on November 17, 2025 with Oct 31, 2025 record/ex-date
• Seeks to provide federal income tax-exempt income

Negative

• Distributions may be subject to AMT for some stockholders
• Distribution may include return of capital, reducing NAV per share
• Return of capital will reduce shareholder cost basis
• Final tax character of 2025 distributions will be determined after year-end

NEW YORK, Oct. 15, 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 November 17, 2025, has a record date of October 31, 2025, and has an ex-date of October 31, 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 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 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 distribution did Neuberger Berman Municipal Fund (NBH) declare on October 15, 2025?

The Fund declared a monthly distribution of $0.05417 per share on October 15, 2025.

When is the NBH distribution payable and what are the record and ex-dates?

The distribution is payable on November 17, 2025; record date and ex-date are both October 31, 2025.

Is the NBH distribution federal income tax-exempt for shareholders?

The Fund seeks to provide income exempt from regular federal income tax, but some shareholders may be subject to the federal alternative minimum tax.

Could the NBH distribution include a return of capital and what is the impact?

Yes; if the distribution includes a return of capital, NAV per share may decline and a shareholder's cost basis will be reduced.

When will the final tax characterization of NBH 2025 distributions be available?

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