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NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION
Prnewswire· 2026-01-15 21:30
Distribution Announcement - Neuberger Municipal Fund Inc. has declared a distribution of $0.05417 per share of common stock, payable on February 17, 2026, with a record date of January 30, 2026, and an ex-date of January 30, 2026 [1] - The Fund aims to provide income that is exempt from regular federal income tax, although distributions may be subject to federal alternative minimum tax for some stockholders [1] Distribution Composition - Future distributions may consist of net investment income, realized capital gains, and return of capital [2] - If the Fund distributes more than its net investment income in any yearly period, such distributions may include realized gains and/or a return of capital, which could lead to a decline in NAV per share and a reduction in an investor's cost basis [2] - A notice will be provided for any distribution that does not consist solely of net investment income, detailing the estimated portions of the distribution [2] Company Overview - Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939, with 2,922 employees across 27 countries [3] - The firm manages $563 billion in various asset classes, including equities, fixed income, private equity, real estate, and hedge fund portfolios for global institutions, advisors, and individuals [3] - Neuberger Berman's investment philosophy emphasizes active management, fundamental research, and engaged ownership, and has been recognized as the 1 Best Place to Work in Money Management by Pensions & Investments [3]