Integrated Capital Management Inc. Acquires 1,399 Shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Integrated Capital Management Inc. raised its holdings in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 7.8% during the fourth quarter, HoldingsChannel reports. The fund owned 19,385 shares of the company’s stock after purchasing an additional 1,399 shares during the quarter. Integrated Capital Management Inc.’s holdings in Neuberger Berman Municipal Fund were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in NBH. Pathstone Holdings LLC increased its stake in Neuberger Berman Municipal Fund by 234.8% in the 3rd quarter. Pathstone Holdings LLC now owns 352,961 shares of the company’s stock worth $3,922,000 after acquiring an additional 247,552 shares during the last quarter. Whitebox Advisors LLC raised its stake in Neuberger Berman Municipal Fund by 167.6% in the second quarter. Whitebox Advisors LLC now owns 249,474 shares of the company’s stock valued at $2,664,000 after purchasing an additional 156,249 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Neuberger Berman Municipal Fund by 277.1% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 209,064 shares of the company’s stock worth $2,323,000 after buying an additional 153,617 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Neuberger Berman Municipal Fund in the 2nd quarter worth $667,000. Finally, Almitas Capital LLC raised its position 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 valued at $673,000 after buying an additional 26,569 shares in the last quarter.

Neuberger Berman Municipal Fund Stock Performance

Shares of NYSEAMERICAN:NBH opened at $10.14 on Tuesday. 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 Announces Dividend

The firm 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 annualized dividend and a dividend yield of 6.41%. The ex-dividend date is Tuesday, December 31st.

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.