Neuberger Berman Income Funds - Neuberger Municipal Fund Inc. Stock

Neuberger Berman Municipal Fund Inc. (the Fund) is a diversified, closed-end management investment company that invests primarily in municipal securities. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. The Fund may invest in securities the interest on which is subject to the federal alternative minimum tax. The Fund utilizes leverage through the issuance of preferred stock. The Fund’s investment portfolio in municipal bonds includes general obligation bonds, revenue bonds, pre-refunded bonds, and short-term investments. The Fund’s investment portfolio by state and territory includes Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Hawaii, Illinois, Illinois, Iowa, Kentucky, Louisiana, Massachusetts, Michigan, Mississippi, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Puerto Rico and Texas. The Fund's investment manager is Neuberger Berman Investment Advisers LLC.