Van ECK Associates Corp Has $2.57 Million Holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Van ECK Associates Corp raised its holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 15.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 247,838 shares of the company’s stock after buying an additional 32,493 shares during the quarter. Van ECK Associates Corp’s holdings in Neuberger Berman Municipal Fund were worth $2,565,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in Neuberger Berman Municipal Fund in the third quarter valued at approximately $36,000. Walleye Capital LLC acquired a new position in shares of Neuberger Berman Municipal Fund during the third quarter worth approximately $129,000. Conrad Siegel Investment Advisors Inc. acquired a new position in shares of Neuberger Berman Municipal Fund during the fourth quarter worth approximately $132,000. Catalina Capital Group LLC acquired a new position in shares of Neuberger Berman Municipal Fund during the fourth quarter worth approximately $163,000. Finally, Avior Wealth Management LLC raised its position in shares of Neuberger Berman Municipal Fund by 25.2% during the third quarter. Avior Wealth Management LLC now owns 17,486 shares of the company’s stock worth $194,000 after purchasing an additional 3,516 shares during the period.

Neuberger Berman Municipal Fund Price Performance

Shares of NYSEAMERICAN:NBH opened at $10.67 on Friday. Neuberger Berman Municipal Fund Inc. has a twelve month low of $10.03 and a twelve month high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a dividend of $0.0542 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Friday, February 28th.

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.