Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO) Declares Dividend of $0.04

Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBOGet Rating) announced a dividend on Thursday, September 22nd, investing.com reports. Shareholders of record on Friday, September 30th will be given a dividend of 0.0393 per share on Monday, October 17th. This represents a yield of 4.87%. The ex-dividend date is Thursday, September 29th.

Neuberger Berman New York Municipal Fund has decreased its dividend by an average of 0.9% annually over the last three years.

Neuberger Berman New York Municipal Fund Price Performance

NBO stock opened at $9.70 on Thursday. Neuberger Berman New York Municipal Fund has a 1 year low of $9.41 and a 1 year high of $13.43.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Advisor Group Holdings Inc. increased its holdings in shares of Neuberger Berman New York Municipal Fund by 29.6% in the 1st quarter. Advisor Group Holdings Inc. now owns 9,934 shares of the company’s stock valued at $116,000 after acquiring an additional 2,266 shares during the last quarter. Equitable Holdings Inc. increased its holdings in shares of Neuberger Berman New York Municipal Fund by 12.5% in the 1st quarter. Equitable Holdings Inc. now owns 13,500 shares of the company’s stock valued at $157,000 after acquiring an additional 1,500 shares during the last quarter. Bank of America Corp DE grew its stake in Neuberger Berman New York Municipal Fund by 7.8% during the 1st quarter. Bank of America Corp DE now owns 16,946 shares of the company’s stock worth $197,000 after buying an additional 1,221 shares during the last quarter. Raymond James & Associates grew its stake in Neuberger Berman New York Municipal Fund by 46.6% during the 1st quarter. Raymond James & Associates now owns 19,832 shares of the company’s stock worth $230,000 after buying an additional 6,300 shares during the last quarter. Finally, UBS Group AG grew its stake in Neuberger Berman New York Municipal Fund by 8.1% during the 1st quarter. UBS Group AG now owns 114,147 shares of the company’s stock worth $1,324,000 after buying an additional 8,580 shares during the last quarter.

Neuberger Berman New York Municipal Fund Company Profile

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Neuberger Berman New York Municipal Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years.

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Dividend History for Neuberger Berman New York Municipal Fund (NYSEAMERICAN:NBO)

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