Mackay Shields LLC Has $11.61 Million Stock Holdings in Neuberger Berman Municipal Fund Inc. $NBH

Mackay Shields LLC grew its position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 25.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,180,981 shares of the company’s stock after purchasing an additional 239,589 shares during the period. Mackay Shields LLC’s holdings in Neuberger Berman Municipal Fund were worth $11,609,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NBH. 1607 Capital Partners LLC boosted its stake in shares of Neuberger Berman Municipal Fund by 6.2% in the 1st quarter. 1607 Capital Partners LLC now owns 1,153,319 shares of the company’s stock valued at $11,995,000 after purchasing an additional 66,957 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Neuberger Berman Municipal Fund by 17.7% in the 1st quarter. Advisors Asset Management Inc. now owns 359,593 shares of the company’s stock valued at $3,740,000 after purchasing an additional 54,011 shares in the last quarter. Plancorp LLC acquired a new stake in shares of Neuberger Berman Municipal Fund in the 1st quarter valued at $416,000. Bridgewater Advisors Inc. acquired a new stake in shares of Neuberger Berman Municipal Fund in the 1st quarter valued at $361,000. Finally, Atala Financial Inc boosted its stake in shares of Neuberger Berman Municipal Fund by 553.7% in the 1st quarter. Atala Financial Inc now owns 42,030 shares of the company’s stock valued at $437,000 after purchasing an additional 35,600 shares in the last quarter.

Neuberger Berman Municipal Fund Trading Up 0.3%

Shares of NYSEAMERICAN NBH opened at $10.30 on Friday. The firm’s 50-day simple moving average is $10.11 and its 200 day simple moving average is $10.00. Neuberger Berman Municipal Fund Inc. has a 12-month low of $9.47 and a 12-month high of $11.17.

Neuberger Berman Municipal Fund Announces Dividend

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

Neuberger Berman Municipal Fund Company 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.