Neuberger Municipal Fund Declares Monthly Payout of $0.05417 per Share

what happened

The closed-end fund Neuberger Municipal Fund Inc. (NYSE American: NBH) has declared a monthly payout of $0.05417 per common share. The record and ex-dividend date is October 30, 2026, and the amount will be paid on November 16, 2026.

The fund aims to generate income that is exempt from regular federal income tax. Some shareholders may face the federal alternative minimum tax on these distributions. Payouts may combine net investment income, realized capital gains and return of capital. If the fund distributes more than its net investment income over a year, payouts may also include realized gains or return of capital. A return of capital can lower net asset value per share and reduce an investor's cost basis. A notice under Section 19 of the Investment Company Act of 1940 will be issued for any distribution not made up solely of net investment income; it is for information only. The final tax characteristics of 2026 distributions will be determined after year-end.

why it matters

For holders of municipal closed-end funds, this is a routine monthly payout in line with the fund's income objective. A change in the payout rate, or a Section 19 notice showing a large share of return of capital, would be a more meaningful signal for investors weighing the fund's distributions against its net asset value.

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