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1.16%
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-1.37%
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Rhea-AI Summary
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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-0.99%
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0.39%
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0.56%
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-0.16%
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-0.63%
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Rhea-AI Sentiment
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-0.3%
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Rhea-AI Sentiment
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-0.34%
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Rhea-AI Impact
Rhea-AI Sentiment
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1.29%
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