Capital Market Strategies LLC Sells 1,000 Shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Capital Market Strategies LLC decreased its stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 3.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,398 shares of the company’s stock after selling 1,000 shares during the period. Capital Market Strategies LLC’s holdings in Neuberger Berman Municipal Fund were worth $316,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in NBH. Future Financial Wealth Managment LLC bought a new position in shares of Neuberger Berman Municipal Fund during the 1st quarter valued at $52,000. Van ECK Associates Corp grew its holdings in shares of Neuberger Berman Municipal Fund by 3.1% during the 1st quarter. Van ECK Associates Corp now owns 232,715 shares of the company’s stock valued at $2,437,000 after purchasing an additional 6,941 shares during the last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of Neuberger Berman Municipal Fund by 53.9% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 20,751 shares of the company’s stock valued at $217,000 after purchasing an additional 7,270 shares during the last quarter. Matisse Capital grew its holdings in shares of Neuberger Berman Municipal Fund by 6.6% during the 1st quarter. Matisse Capital now owns 135,900 shares of the company’s stock valued at $1,423,000 after purchasing an additional 8,392 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Neuberger Berman Municipal Fund during the 2nd quarter valued at $91,000.

Neuberger Berman Municipal Fund Price Performance

Shares of Neuberger Berman Municipal Fund stock opened at $11.21 on Friday. Neuberger Berman Municipal Fund Inc. has a 12-month low of $8.75 and a 12-month high of $11.41.

Neuberger Berman Municipal Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.0542 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.65 annualized dividend and a dividend yield of 5.80%.

About Neuberger Berman Municipal Fund

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.