Catalina Capital Group LLC Takes $163,000 Position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Catalina Capital Group LLC bought a new stake in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,703 shares of the company’s stock, valued at approximately $163,000.

Other hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in shares of Neuberger Berman Municipal Fund during the third quarter valued at $36,000. Walleye Capital LLC purchased a new stake in Neuberger Berman Municipal Fund in the 3rd quarter worth about $129,000. Conrad Siegel Investment Advisors Inc. purchased a new stake in Neuberger Berman Municipal Fund in the 4th quarter worth about $132,000. Avior Wealth Management LLC lifted its stake in Neuberger Berman Municipal Fund by 25.2% in the 3rd quarter. Avior Wealth Management LLC now owns 17,486 shares of the company’s stock worth $194,000 after acquiring an additional 3,516 shares in the last quarter. Finally, Integrated Capital Management Inc. lifted its stake in Neuberger Berman Municipal Fund by 7.8% in the 4th quarter. Integrated Capital Management Inc. now owns 19,385 shares of the company’s stock worth $201,000 after acquiring an additional 1,399 shares in the last quarter.

Neuberger Berman Municipal Fund Stock Performance

Shares of Neuberger Berman Municipal Fund stock opened at $10.51 on Wednesday. Neuberger Berman Municipal Fund Inc. has a 1 year low of $10.03 and a 1 year high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.0542 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date is Friday, January 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.