Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Shares Bought by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd grew its holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 114.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,298 shares of the company’s stock after purchasing an additional 19,348 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in Neuberger Berman Municipal Fund were worth $388,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Future Financial Wealth Managment LLC purchased a new stake in Neuberger Berman Municipal Fund in the first quarter valued at approximately $52,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Neuberger Berman Municipal Fund by 39.3% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 19,127 shares of the company’s stock valued at $200,000 after buying an additional 5,400 shares during the period. Van ECK Associates Corp lifted its stake in 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 worth $2,437,000 after acquiring an additional 6,941 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in 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 acquiring an additional 7,270 shares during the period. Finally, Matisse Capital boosted its holdings in 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 acquiring an additional 8,392 shares during the period.

Neuberger Berman Municipal Fund Trading Up 1.0 %

Shares of NBH stock opened at $11.15 on Thursday. Neuberger Berman Municipal Fund Inc. has a 52 week low of $8.75 and a 52 week high of $11.26.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be paid a dividend of $0.0542 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.83%.

Neuberger Berman Municipal Fund Company Profile

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.