NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Municipal Fund (NYSE American: NBH) declared a monthly distribution of $0.05417 per share. The distribution is payable March 16, 2026 with record and ex-dates of February 27, 2026.

The Fund seeks to provide income exempt from regular federal income tax, though distributions may be subject to the federal alternative minimum tax for some stockholders. Distributions may include net investment income, realized capital gains, and/or return of capital; final tax characterizations for 2026 will be determined after year-end.

Positive

• $0.05417 per share monthly distribution declared
• Payable on March 16, 2026 with Feb 27, 2026 record/ex-date
• Fund objective: provide income exempt from regular federal income tax

Negative

• Distributions may be subject to the federal alternative minimum tax
• Distributions may include return of capital, which can reduce NAV and cost basis

NEW YORK, Feb. 17, 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 March 16, 2026, has a record date of February 27, 2026, and has an ex-date of February 27, 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 27 countries. The firm manages $563 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, 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 December 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 distribution did Neuberger Municipal Fund (NBH) declare for March 2026?

The Fund declared a $0.05417 per share distribution, payable March 16, 2026. According to the company, the record and ex-date are February 27, 2026, and the payment may include income, capital gains, or return of capital.

When is the NBH distribution record date and ex-date for the March 16, 2026 payment?

The record date and ex-date are both February 27, 2026. According to the company, shareholders of record by that date are eligible for the March 16, 2026 distribution payment.

Is the Neuberger Municipal Fund (NBH) distribution taxable for federal purposes?

The Fund seeks to provide income exempt from regular federal income tax, but some shareholders may face AMT. According to the company, distributions may still be subject to the federal alternative minimum tax for certain investors.

Could the NBH distribution include a return of capital and what does that mean?

Yes, distributions may include a return of capital, which lowers an investor's cost basis. According to the company, a return of capital can also reduce the fund's NAV and will be identified in year-end reporting if applicable.

When will Neuberger Municipal Fund disclose the final tax character of 2026 distributions (NBH)?

The final determination of distribution sources and tax characteristics will be made after year-end 2026. According to the company, estimated portions will be disclosed if distributions are not solely net investment income.

How should NBH shareholders prepare for the March 16, 2026 distribution payment?

Shareholders should confirm ownership by the Feb 27, 2026 record date and consult tax advisors on AMT and return of capital implications. According to the company, final tax details will follow in year-end disclosures.