Integrated Capital Management Inc. Has $243,000 Stock Holdings in Neuberger Berman Municipal Fund Inc. $NBH

Integrated Capital Management Inc. increased its holdings in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 14.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,736 shares of the company’s stock after buying an additional 3,216 shares during the period. Integrated Capital Management Inc.’s holdings in Neuberger Berman Municipal Fund were worth $243,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Alteri Wealth LLC acquired a new position in shares of Neuberger Berman Municipal Fund in the 1st quarter worth approximately $136,000. Nuveen LLC acquired a new position in shares of Neuberger Berman Municipal Fund in the 1st quarter worth approximately $217,000. Grant GrossMendelsohn LLC lifted its position in shares of Neuberger Berman Municipal Fund by 11.9% in the 1st quarter. Grant GrossMendelsohn LLC now owns 28,198 shares of the company’s stock worth $286,000 after purchasing an additional 3,000 shares during the period. Avior Wealth Management LLC lifted its position in shares of Neuberger Berman Municipal Fund by 49.9% in the 1st quarter. Avior Wealth Management LLC now owns 30,178 shares of the company’s stock worth $314,000 after purchasing an additional 10,050 shares during the period. Finally, Bridgewater Advisors Inc. acquired a new position in shares of Neuberger Berman Municipal Fund in the 1st quarter worth approximately $361,000.

Neuberger Berman Municipal Fund Stock Performance

Shares of NYSEAMERICAN NBH opened at $10.30 on Monday. Neuberger Berman Municipal Fund Inc. has a 52-week low of $9.47 and a 52-week high of $11.17. The company’s 50 day moving average price is $10.11 and its 200-day moving average price is $10.00.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a $0.0542 dividend. The ex-dividend date is Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.