NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSEAmerican:NBH), Neuberger Berman California Municipal Fund Inc. (NYSEAmerican:NBW) and Neuberger Berman New York Municipal Fund Inc. (NYSEAmerican:NBO) (each a "Fund" and collectively, the "Funds") have announced a decrease in their monthly distribution rates. NBH decreased its monthly distribution rate to $0.03774 per share of common stock from the prior monthly distribution rate of $0.05025 per share. NBW decreased its monthly distribution rate to $0.0254 per share of common stock from the prior monthly distribution rate of $0.04480 per share. NBO decreased its monthly distribution rate to $0.024233 per share of common stock from the prior monthly distribution rate of $0.03933 per share. The Funds have also declared their next monthly distributions, at the new rates, which are payable on March 15, 2023, with a record date of February 28, 2023 and an ex-date of February 27, 2023.
Read more at prnewswire.comNEUBERGER BERMAN CLOSED-END MUNICIPAL FUNDS ANNOUNCE DECREASE IN DISTRIBUTION RATES AND DECLARATION OF MONTHLY DISTRIBUTIONS
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