NEW
YORK, Aug. 23, 2024 /PRNewswire/ -- Neuberger
Berman Municipal Fund Inc. (NYSE American: NBH) and Neuberger
Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG)
announced today the final certified voting results of both funds'
2024 Annual Meetings of Stockholders (the "Annual Meetings") where
a dissident stockholder had proposed a nominee.
For NBH, the holders of preferred stock re-elected Michael M. Knetter. The certified final results
of the Annual Meetings confirm that the incumbent Board members of
both funds will remain in place. The Annual Meetings reached quorum
and were held on August 16, 2024.
The final voting results have been certified by First Coast
Results, Inc., the independent Inspector of Election and will be
included in the funds' next annual report to stockholders.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent
investment manager founded in 1939 with over 2,800 employees in 26
countries. The firm manages $481
billion of equities, fixed income, private equity, real
estate and hedge fund portfolios for global institutions, advisors
and individuals. Neuberger Berman's investment philosophy is
founded on active management, fundamental research and engaged
ownership. The PRI identified the firm as part of the Leader's
Group, a designation awarded to fewer than 1% of investment firms
for excellence in environmental, social and governance practices.
Neuberger Berman has been named by Pensions & Investments as
the #1 or #2 Best Place to Work in Money Management for each of the
last ten years (firms with more than 1,000 employees). Visit
www.nb.com for more information. Data as of June 30, 2024.
Statements made in this release that look forward in time
involve risks and uncertainties. Such risks and uncertainties
include, without limitation, the adverse effect from a decline in
the securities markets or a decline in the Fund's performance, a
general downturn in the economy, competition from other closed end
investment companies, changes in government policy or regulation,
inability of the Fund's investment adviser to attract or retain key
employees, inability of the Fund to implement its investment
strategy, inability of the Fund to manage rapid expansion and
unforeseen costs and other effects related to legal proceedings or
investigations of governmental and self-regulatory
organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman