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Neuberger Berman California Municipal Fund Inc - NBW STOCK NEWS

Welcome to our dedicated news page for Neuberger Berman California Municipal Fund (Ticker: NBW), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman California Municipal Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Neuberger Berman California Municipal Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Neuberger Berman California Municipal Fund's position in the market.

Rhea-AI Summary
Neuberger Berman successfully completes reorganizations of NBW and NBO into NBH
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Rhea-AI Summary
Neuberger Berman Municipal Fund Inc. (NBH) announces a distribution declaration of $0.03774 per share of common stock payable on November 15, 2023. The previously announced reorganizations of Neuberger Berman California Municipal Fund Inc. (NBW) and Neuberger Berman New York Municipal Fund Inc. (NBO) with and into NBH are expected to be effective on October 20, 2023.
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-1.21%
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Rhea-AI Summary
Neuberger Berman Municipal Fund Inc., Neuberger Berman California Municipal Fund Inc., and Neuberger Berman New York Municipal Fund Inc. have declared monthly distributions. NBH and NBO will maintain the same per share amounts for the prior monthly distributions. NBW will have a higher distribution amount per share compared to the prior monthly distribution. The reorganizations of the Funds are expected to be completed before October 31, 2023. NBO and NBW will suspend their distribution reinvestment plans for the distributions announced today.
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The Board of Neuberger Berman Municipal Fund Inc., Neuberger Berman California Municipal Fund Inc., and Neuberger Berman New York Municipal Fund Inc. has declared monthly distributions. The distributions are payable on June 15, 2023, and have a record date of May 31, 2023. Each fund will distribute per share amounts of $0.03774, $0.0254, and $0.024233 respectively.
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Neuberger Berman California Municipal Fund Inc

NYSE:NBW

NBW Rankings

NBW Stock Data

52.68M
31.02%
0.04%
Asset Management
Financial Services
Link
US
New York

About NBW

founded in 1939, neuberger berman is a private, 100% independent, employee-owned investment manager. from offices in 31 cities worldwide, the firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. with more than 500 investment professionals and more than 1,900 employees in total, neuberger berman has built a diverse team of individuals united in their commitment to delivering compelling investment results for our clients over the long term. our culture has afforded us enviable retention rates among our senior investment staff and has earned us a citation in the top-ranked firm (among those with 1,000 or more employees) in the pensions & investments "best places to work in money management"​ survey each year since 2013. for important disclosures: http://www.nb.com/linkedin