Landscape Capital Management L.L.C. Makes New $141,000 Investment in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Landscape Capital Management L.L.C. bought a new stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) in the fourth quarter, Holdings Channel.com reports. The firm bought 13,589 shares of the company’s stock, valued at approximately $141,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NBH. Global Retirement Partners LLC acquired a new position in Neuberger Berman Municipal Fund during the fourth quarter worth $25,000. Atala Financial Inc purchased a new position in shares of Neuberger Berman Municipal Fund during the 4th quarter worth $67,000. Wolverine Asset Management LLC purchased a new position in shares of Neuberger Berman Municipal Fund during the 4th quarter worth $91,000. Uniting Wealth Partners LLC acquired a new position in shares of Neuberger Berman Municipal Fund during the 4th quarter valued at about $105,000. Finally, Walleye Capital LLC purchased a new stake in shares of Neuberger Berman Municipal Fund in the third quarter valued at about $129,000.

Neuberger Berman Municipal Fund Trading Down 2.7 %

Shares of NBH stock opened at $9.83 on Wednesday. The stock’s 50-day moving average price is $10.49. Neuberger Berman Municipal Fund Inc. has a 12 month low of $9.81 and a 12 month high of $11.41.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.0542 per share. This represents a $0.65 annualized dividend and a dividend yield of 6.61%. The ex-dividend date of this dividend is Monday, March 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.