The fund, traded on the NYSE American under the ticker NBH, aims to generate income exempt from regular federal taxation. While the payouts are structured to provide tax-advantaged returns, the firm cautions that specific distributions may remain subject to the federal alternative minimum tax for certain individuals. Future payments could be derived from a combination of net investment income, realized capital gains, or a return of capital.
Neuberger Municipal Fund Sets October Distribution
Investors in Neuberger Municipal Fund Inc. will receive a monthly distribution of $0.05417 per share of common stock on October 15, 2026. The announcement, released from New York, sets a record date of September 30, with the ex-dividend date falling on the same day for all shareholders.
Should distributions exceed net investment income, the fund may utilize realized gains or a return of capital to meet the payout. Investors should be aware that a return of capital can lead to a decline in net asset value and a reduction in the share cost basis. Under the Investment Company Act of 1940, the fund will issue notices detailing the composition of any payout that deviates from pure net investment income. Final tax characterizations for the 2026 calendar year will be finalized after the reporting period concludes.
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