Van ECK Associates Corp Has $2.34 Million Holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Van ECK Associates Corp lifted its position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 80.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,774 shares of the company’s stock after purchasing an additional 100,607 shares during the quarter. Van ECK Associates Corp’s holdings in Neuberger Berman Municipal Fund were worth $2,337,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of NBH. Raymond James & Associates grew its position in Neuberger Berman Municipal Fund by 30.3% in the fourth quarter. Raymond James & Associates now owns 82,867 shares of the company’s stock valued at $858,000 after acquiring an additional 19,284 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in Neuberger Berman Municipal Fund in the fourth quarter valued at $140,000. Kestra Private Wealth Services LLC grew its position in Neuberger Berman Municipal Fund by 23.5% in the third quarter. Kestra Private Wealth Services LLC now owns 13,125 shares of the company’s stock valued at $121,000 after acquiring an additional 2,500 shares during the period. 1607 Capital Partners LLC grew its position in Neuberger Berman Municipal Fund by 76.7% in the third quarter. 1607 Capital Partners LLC now owns 426,212 shares of the company’s stock valued at $3,925,000 after acquiring an additional 185,000 shares during the period. Finally, International Assets Investment Management LLC grew its position in Neuberger Berman Municipal Fund by 947.2% in the fourth quarter. International Assets Investment Management LLC now owns 20,943 shares of the company’s stock valued at $2,023,000 after acquiring an additional 18,943 shares during the period.

Neuberger Berman Municipal Fund Price Performance

Shares of NYSEAMERICAN:NBH opened at $10.26 on Wednesday. Neuberger Berman Municipal Fund Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $10.54.

Neuberger Berman Municipal Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a $0.0377 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Monday, April 29th.

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.