Almitas Capital LLC Purchases 26,569 Shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Almitas Capital LLC raised its position in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 73.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,971 shares of the company’s stock after acquiring an additional 26,569 shares during the quarter. Almitas Capital LLC’s holdings in Neuberger Berman Municipal Fund were worth $673,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of NBH. Whitebox Advisors LLC grew its stake in Neuberger Berman Municipal Fund by 167.6% during the second quarter. Whitebox Advisors LLC now owns 249,474 shares of the company’s stock worth $2,664,000 after purchasing an additional 156,249 shares during the period. NINE MASTS CAPITAL Ltd grew its stake in Neuberger Berman Municipal Fund by 114.1% during the second quarter. NINE MASTS CAPITAL Ltd now owns 36,298 shares of the company’s stock worth $388,000 after purchasing an additional 19,348 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in Neuberger Berman Municipal Fund during the second quarter worth approximately $91,000. Blue Bell Private Wealth Management LLC grew its stake in Neuberger Berman Municipal Fund by 201.0% during the second quarter. Blue Bell Private Wealth Management LLC now owns 57,581 shares of the company’s stock worth $615,000 after purchasing an additional 38,454 shares during the period. Finally, Van ECK Associates Corp grew its stake in Neuberger Berman Municipal Fund by 4.9% during the second quarter. Van ECK Associates Corp now owns 244,200 shares of the company’s stock worth $2,608,000 after purchasing an additional 11,485 shares during the period.

Neuberger Berman Municipal Fund Stock Performance

NYSEAMERICAN NBH opened at $11.14 on Friday. Neuberger Berman Municipal Fund Inc. has a one year low of $8.75 and a one year high of $11.41.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.0542 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.65 dividend on an annualized basis and a yield of 5.84%.

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.