NBH News and Press, Neuberger Berman Municipal Fund Inc. From 05/02/22

We had another down week nearly across all asset classes with the markets shedding nearly 3% and the Nasdaq nearly 4%. Fixed income was also down. Nothing worked. Yields were up again with the 10-year touching 2.95% on the week but finishing at 2.90%. Oil was down $5 to $101/bl and th...

We review CEF market valuation and performance through the third week of April and highlight recent market action. CEF NAVs had a tough week due to falls in both stocks and Treasuries, however, discount tightening partially offset the drop. We take a look at the recent rise in lev...

Neuberger Berman Intermediate Municipal Fund (NYSE:NBH) declares $0.0503/share monthly dividend, -19.4% decrease from prior dividend of $0.0624. Forward yield 4.95% Payable May 16; for shareholders of record April 29; ex-div April 28. See NBH Dividend Scorecard, Yield Chart, & Dividend Gr...

NEUBERGER BERMAN MUNICIPAL FUND ANNOUNCES DECREASE IN DISTRIBUTION RATE AND DECLARATION OF MONTHLY DISTRIBUTION PR Newswire NEW YORK , April 18, 2022 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) (the "Fund") has announced ...

NEUBERGER BERMAN CLOSED-END MUNICIPAL FUNDS ANNOUNCE EXTENSION OF PREFERRED SHARES' TERM PR Newswire NEW YORK , Dec. 17, 2021 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE Ame...

NEUBERGER BERMAN CLOSED-END MUNICIPAL FUNDS ANNOUNCE MONTHLY DISTRIBUTIONS PR Newswire NEW YORK , Dec. 15, 2021 /PRNewswire/ -- The Board of each of Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE A...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Neuberger Berman Closed-end Municipal Funds Announce Monthly Distributions PR Newswire NEW YORK , Nov. 15, 2021 /PRNewswire/ -- The Board of each of Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (N...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...