Neuberger Berman Closed-End Intermediate Municipal Funds Announce Monthly Distributions
Neuberger Berman Investment Advisers LLC
New York, April 17, 2017 — The Boards of the three Neuberger Berman Closed-End Intermediate Municipal Funds have declared monthly distributions for the dates below. The Funds seek to provide income that is exempt from regular federal income tax. Additionally, Neuberger Berman California Intermediate Municipal Fund Inc. seeks to provide income that is exempt from California personal income tax and Neuberger Berman New York Intermediate Municipal Fund Inc. seeks to provide income that is exempt from New York State and New York City personal income tax. Distributions of the Funds may be subject to the federal alternative minimum tax for some stockholders. Each Fund’s distribution announced today is payable on May 15, 2017, has a record date of April 28, 2017 and an ex-date of April 26, 2017.
The Funds will make the distributions described above in the following per share amounts:
|NBH||Neuberger Berman Intermediate Municipal Fund Inc||$0.0675|
|NBW||Neuberger Berman California Intermediate Municipal Fund Inc.||$0.0512|
|NBO||Neuberger Berman New York Intermediate Municipal Fund Inc.||$0.0437|
In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would accompany any distribution that does not consist solely of net investment income. This notice would be for informational purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman’s team is more than 1,900 professionals and the company has been named by Pensions & Investments as a Best Place to Work in Money Management for four consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $255 billion in client assets as of December 31, 2016. For more information, please visit our website at www.nb.com.