NEUBERGER MUNICIPAL FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Municipal Fund (NYSE American: NBH) declared a monthly distribution of $0.05417 per share, payable May 15, 2026, with record and ex-date of April 30, 2026.

The Fund seeks federally tax-exempt income; distributions may be subject to the federal alternative minimum tax and could include net investment income, capital gains, or a return of capital. Final tax characterization for 2026 will be determined after year-end.

AI-generated analysis. Not financial advice.

Positive

• $0.05417 per-share distribution declared
• Payable on May 15, 2026 with Apr 30, 2026 record/ex-date
• Fund aims to provide federally tax-exempt income

Negative

• Distributions may include return of capital, lowering NAV
• Some shareholders may face AMT on distributions
• Final tax characterization delayed until year-end

News Market Reaction – NBH

+0.69%

1 alert

+0.69% News Effect

On the day this news was published, NBH gained 0.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, April 15, 2026 /PRNewswire/ -- Neuberger Municipal Fund Inc. (NYSE American: NBH) (the "Fund") has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on May 15, 2026, has a record date of April 30, 2026, and has an ex-date of April 30, 2026. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.

The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. To the extent that a distribution includes a return of capital, the NAV per share may decline and an investor's cost basis of their shares will be reduced. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

FAQ

What distribution did Neuberger Municipal Fund (NBH) declare on April 15, 2026?

The Fund declared a $0.05417 per share distribution, payable May 15, 2026. According to the company, the record and ex-date are April 30, 2026, and the payment targets federally tax-exempt income.

When is the Neuberger Municipal Fund (NBH) distribution payable and what are the record/ex-dates?

The distribution is payable on May 15, 2026 with record and ex-date of April 30, 2026. According to the company, shareholders on the record date will be eligible for the payment.

Is the NBH distribution taxable and could it trigger the alternative minimum tax?

Distributions are intended to be federally tax-exempt but may be subject to AMT for some shareholders. According to the company, tax treatment depends on the final 2026 distribution composition determined after year-end.

Could the NBH distribution include return of capital and what is the investor impact?

Yes, distributions may include a return of capital, which can reduce NAV and an investor's cost basis. According to the company, a return of capital lowers the share cost basis and may affect future tax reporting.

When will Neuberger Municipal Fund (NBH) finalize the tax characterization of its 2026 distributions?

The final determination of distribution sources and tax characteristics will be made after the end of 2026. According to the company, an informational notice will disclose estimated portions if distributions are not solely net investment income.