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NBO (Neuberger Berman New York Municipal Fund, Inc.) is no longer actively trading.
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The Neuberger Berman New York Municipal Fund, Inc. operates as a closed-end mutual fund dedicated to fixed-income investments. This entity was launched and is overseen by Neuberger Berman Management LLC, with additional management responsibilities held by Neuberger Berman LLC. Its investment strategy concentrates on the U.S. fixed income landscape, predominantly allocating assets to tax-exempt municipal bonds that have less than fifteen years remaining until maturity. The fund emphasizes high-grade securities, seeking those rated among the top four tiers by recognized statistical rating…
NEW YORK , Oct. 23, 2023 /PRNewswire/ -- The reorganizations of each of Neuberger Berman California Municipal Fund Inc. (NYSE American: NBW) and Neuberger Berman New York Municipal Fund Inc. (NYSE American: NBO) with and into Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) were successfully completed prior to the opening of the New York Stock Exchange American on Monday, October 23, 2023. In the reorganizations, NBH acquired the assets and liabilities of each of NBO and NBW in tax-free transactions, and common stockholders of NBO and NBW received an amount of NBH common stock equal to the aggregate net asset value of their holdings of NBO and NBW common stock as determined at the close of business on October 20, 2023.
NEW YORK , Oct. 16, 2023 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) has announced a distribution declaration of $0.03774 per share of common stock. The distribution announced today is payable on November 15, 2023, has a record date of October 31, 2023 and has an ex-date of October 30, 2023.
NEW YORK , Sept. 15, 2023 /PRNewswire/ -- The Board of each of Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE American: NBW), and Neuberger Berman New York Municipal Fund Inc. (NYSE American: NBO) has declared monthly distributions for the dates below.
NEW YORK, July 26, 2023 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE American: NBW), and Neuberger Berman New York Municipal Fund Inc. (NYSE American: NBO) (each a "Fund" and collectively, the "Funds") have announced that common and preferred stockholders of each Fund have approved proposals to reorganize each of NBO and NBW with and into NBH, with NBH continuing as the surviving Fund in each case. It is currently expected that the reorganizations will be completed prior to the Funds' October 31, 2023 fiscal year-ends, subject to the satisfaction of certain customary closing conditions.
NEW YORK , July 17, 2023 /PRNewswire/ -- The Board of each of Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE American: NBW), and Neuberger Berman New York Municipal Fund Inc. (NYSE American: NBO) has declared monthly distributions for the dates below. The Funds seek to provide income that is exempt from regular federal income tax.