Capital Market Strategies LLC Reduces Position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Capital Market Strategies LLC reduced its holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 33.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,898 shares of the company’s stock after selling 9,500 shares during the period. Capital Market Strategies LLC’s holdings in Neuberger Berman Municipal Fund were worth $196,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NBH. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Neuberger Berman Municipal Fund in the 2nd quarter worth $91,000. NINE MASTS CAPITAL Ltd boosted its holdings in Neuberger Berman Municipal Fund by 114.1% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 36,298 shares of the company’s stock valued at $388,000 after purchasing an additional 19,348 shares during the last quarter. Whitebox Advisors LLC grew its stake in shares of Neuberger Berman Municipal Fund by 167.6% in the 2nd quarter. Whitebox Advisors LLC now owns 249,474 shares of the company’s stock valued at $2,664,000 after buying an additional 156,249 shares during the period. Almitas Capital LLC increased its holdings in shares of Neuberger Berman Municipal Fund by 73.0% during the 2nd quarter. Almitas Capital LLC now owns 62,971 shares of the company’s stock worth $673,000 after buying an additional 26,569 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Neuberger Berman Municipal Fund during the 2nd quarter valued at approximately $667,000.

Neuberger Berman Municipal Fund Price Performance

Shares of Neuberger Berman Municipal Fund stock traded down $0.08 on Monday, reaching $10.32. The company had a trading volume of 92,869 shares, compared to its average volume of 70,862. Neuberger Berman Municipal Fund Inc. has a 52-week low of $10.03 and a 52-week high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.0542 per share. This represents a $0.65 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend is Tuesday, December 31st.

Neuberger Berman Municipal Fund 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.