NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Neuberger Municipal Fund set a $0.05417 October distribution and explained potential tax treatment and return-of-capital effects for 2026 payouts.

Rhea-AI Summary

Neuberger Municipal Fund (NBH) declared a monthly distribution of $0.05417 per common share, payable on October 15, 2026 to shareholders of record on September 30, 2026, with an ex-date of the same day.

The fund seeks income exempt from regular federal income tax, but distributions may be subject to the federal alternative minimum tax for some investors. 2026 distributions may include net investment income, realized capital gains and/or return of capital, which can reduce NAV and investor cost basis. A Section 19 notice will be issued for any distribution not consisting solely of net investment income, and final tax character will be determined after year-end 2026.

Positive

• $0.05417 per share monthly distribution declared, payable October 15, 2026
• Fund targets income that is exempt from regular federal income tax

Negative

• Distributions may include return of capital, which can reduce NAV per share
• Portions of distributions may be subject to the federal alternative minimum tax for some holders

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Neuberger 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 October 15, 2026, has a record date of September 30, 2026, and has an ex-date of September 30, 2026. 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 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $613 billion of equities, fixed income, private markets, 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again this past year, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2026.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When are the key dates for the September 2026 NBH distribution?

The distribution of $0.05417 per share is payable on October 15, 2026. The record date and ex-date are both September 30, 2026.

What are the possible components of NBH’s 2026 distributions?

Distributions in 2026 may include net investment income, realized capital gains, and/or return of capital. If the fund distributes more than its net investment income during a yearly period, the excess may consist of realized gains and/or return of capital.

How does a return of capital distribution affect NBH shareholders?

To the extent a distribution includes a return of capital, the fund’s NAV per share may decline and an investor’s cost basis in their shares will be reduced.

What disclosure will NBH provide for distributions that are not pure net investment income?

In compliance with Section 19 of the Investment Company Act of 1940, the fund will provide a notice for any distribution that does not consist solely of net investment income. The notice, for informational but not tax-reporting purposes, will disclose estimated portions of the distribution, if any, from net investment income, capital gains, and return of capital.

When will the final tax character of NBH’s 2026 distributions be determined?

The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.