NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Municipal Fund (NYSE American: NBH) declared a monthly distribution of $0.05417 per share of common stock.

The distribution is payable on June 15, 2026 to shareholders of record and ex-date on May 29, 2026. Distributions may include net investment income, capital gains, and return of capital, affecting NAV and tax treatment.

AI-generated analysis. Not financial advice.

Positive

• Monthly distribution of $0.05417 per share declared
• Fund seeks income exempt from regular federal income tax

Negative

• Distributions may be subject to federal alternative minimum tax for some holders
• Return-of-capital components can reduce NAV per share and cost basis

News Market Reaction – NBH

-1.36%

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-1.36% News Effect

On the day this news was published, NBH declined 1.36%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, May 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 June 15, 2026, has a record date of May 29, 2026, and has an ex-date of May 29, 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 $567 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 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 March 31, 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

What monthly distribution did Neuberger Municipal Fund (NBH) declare for June 2026?

Neuberger Municipal Fund (NBH) declared a monthly distribution of $0.05417 per share. According to the fund, this cash distribution is part of its strategy to provide federally tax-exempt income, though components may also include capital gains and return of capital.

When are the record date and payment date for NBH’s $0.05417 distribution in 2026?

The NBH distribution is payable on June 15, 2026 to shareholders of record on May 29, 2026. According to the fund, May 29, 2026 is also the ex-dividend date for this monthly distribution.

Is the Neuberger Municipal Fund (NBH) June 2026 distribution tax-exempt?

The fund seeks to provide income exempt from regular federal income tax. According to the fund, distributions may still be subject to the federal alternative minimum tax for some investors and can include net investment income, capital gains, and return of capital.

Can the NBH June 2026 distribution include return of capital and affect NAV?

Yes, the distribution may include a return of capital component. According to the fund, if a distribution exceeds net investment income, NAV per share may decline and an investor’s cost basis in their NBH shares will be reduced.

How will NBH report the tax character of its 2026 distributions to shareholders?

The final tax character of 2026 distributions will be determined after year-end. According to the fund, Section 19 notices will be issued for distributions not solely from net investment income, but these are informational only and not used for tax reporting.

Why does Neuberger Municipal Fund (NBH) issue Section 19 notices for certain distributions?

Section 19 notices are required when distributions are not solely from net investment income. According to the fund, these notices disclose estimated portions from income, capital gains, and return of capital, helping investors understand sources without serving as official tax documents.