Welcome to our dedicated page for Neuberger Berman Municipal news (Ticker: NBH), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman Municipal stock.
Neuberger Berman Municipal Fund Inc (NBH) provides investors with tax-exempt income through actively managed municipal bond portfolios. This news hub delivers timely updates on fund developments, offering stakeholders a centralized resource for informed decision-making.
Access official press releases, earnings reports, and strategic announcements detailing NBH’s portfolio adjustments, distribution policies, and market positioning. Key updates include management insights, regulatory impacts on municipal securities, and performance analyses aligned with the fund’s income-focused mandate.
Regularly updated content covers:
• Quarterly earnings and distribution declarations
• Portfolio rebalancing and credit quality updates
• Regulatory developments affecting tax-exempt securities
• Neuberger Berman’s research-driven market commentary
Bookmark this page for direct access to NBH’s latest financial communications and institutional updates. Monitor the fund’s evolving strategy within the municipal bond sector through verified, primary-source information.
Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) announced a decrease in its monthly distribution rate to $0.05025 per share, down from $0.06244. The new rate results in an annualized distribution of $0.6030, reflecting a rate of approximately 4.66% of the Fund's net asset value as of April 18, 2022. Factors leading to this decrease include lower yields in the municipal market, expected increased leverage costs due to anticipated interest rate hikes, and available undistributed net investment income (UNII).
Neuberger Berman Municipal Fund Inc. (NYSE: NBH), California Municipal Fund Inc. (NYSE: NBW), and New York Municipal Fund Inc. (NYSE: NBO) have announced an extension of the term for their Variable Rate Municipal Term Preferred Shares (VMTP Shares) to December 15, 2024, previously set to mature on March 31, 2022. The Funds have not registered VMTP Shares under the Securities Act of 1933, and as such, they can only be sold under specific exemptions. Neuberger Berman, founded in 1939, manages approximately $437 billion in assets globally.
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