Neuberger Municipal Fund Declares Monthly Distribution
Neuberger Municipal Fund Inc. (NYSE American: NBH) announced a distribution of $0.05417 per share of common stock, payable on May 15, 2026, with a record date and ex-date of April 30, 2026, according to PR Newswire. The fund, managed by Neuberger Berman, seeks to provide income exempt from regular federal income tax, though distributions may be subject to the federal alternative minimum tax for some stockholders.
Distribution Composition
The distribution may consist of net investment income, realized capital gains, and return of capital. If the fund distributes more than its net investment income in a year, such distributions could include realized gains and/or a return of capital, which would reduce the net asset value per share and an investor’s cost basis. In compliance with Section 19 of the Investment Company Act of 1940, a notice will be provided for any distribution not solely from net investment income, detailing estimated portions of net investment income, capital gains, and return of capital.
Fund Objectives and Tax Considerations
The final determination of the source and tax characteristics of all distributions paid in 2026 will occur after the year’s end. As widely known in the investment industry, municipal funds like this one often focus on tax-exempt income, which can appeal to investors seeking to minimize federal tax liabilities.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939, with approximately 3,000 employees across 26 countries and managing $567 billion in equities, fixed income, private markets, real estate, and hedge fund portfolios as of March 31, 2026. The firm emphasizes active management, fundamental research, and engaged ownership, and has been recognized as the Best Asset Manager for Institutional Investors in the US in 2025 by Crisil Coalition Greenwich and the #1 Best Place to Work in Money Management for firms with more than 1,000 employees by Pensions & Investments in 2025, according to PR Newswire. Neuberger Berman has no corporate parent or unaffiliated external shareholders.
Statements in the announcement involve risks such as declines in securities markets, general economic downturns, or regulatory changes, which could affect the fund’s performance.
