Morgan Stanley boosted its stake in shares of Neuberger Berman New York Muncipl Fd Inc (NYSEAMERICAN:NBO) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,865 shares of the company’s stock after acquiring an additional 980 shares during the quarter. Morgan Stanley’s holdings in Neuberger Berman New York Muncipl Fd were worth $967,000 as of its most recent SEC filing.
Separately, Wells Fargo & Company MN increased its stake in shares of Neuberger Berman New York Muncipl Fd by 16.4% in the second quarter. Wells Fargo & Company MN now owns 30,414 shares of the company’s stock valued at $373,000 after buying an additional 4,282 shares in the last quarter.
Shares of NYSEAMERICAN:NBO opened at $12.43 on Thursday. Neuberger Berman New York Muncipl Fd Inc has a twelve month low of $11.03 and a twelve month high of $12.85.
The firm also recently announced a — dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.0393 dividend. The ex-dividend date was Friday, September 27th. This represents a dividend yield of 3.9%.
Neuberger Berman New York Muncipl Fd Company Profile
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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