Farther Finance Advisors LLC Makes New Investment in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Farther Finance Advisors LLC bought a new stake in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,211 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC purchased a new position in shares of Neuberger Berman Municipal Fund during the second quarter valued at approximately $91,000. NINE MASTS CAPITAL Ltd lifted its holdings in shares of Neuberger Berman Municipal Fund by 114.1% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 36,298 shares of the company’s stock valued at $388,000 after buying an additional 19,348 shares during the period. Rothschild Investment LLC purchased a new position in shares of Neuberger Berman Municipal Fund in the 2nd quarter worth $574,000. Blue Bell Private Wealth Management LLC grew its holdings in shares of Neuberger Berman Municipal Fund by 201.0% in the second quarter. Blue Bell Private Wealth Management LLC now owns 57,581 shares of the company’s stock worth $615,000 after acquiring an additional 38,454 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Neuberger Berman Municipal Fund during the second quarter valued at $667,000.

Neuberger Berman Municipal Fund Stock Performance

Shares of Neuberger Berman Municipal Fund stock opened at $10.69 on Friday. Neuberger Berman Municipal Fund Inc. has a fifty-two week low of $9.56 and a fifty-two week high of $11.41.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.0542 dividend. This represents a $0.65 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend is Thursday, October 31st.

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.