Neuberger Berman Municipal Fund Files Proxy Statement

TL;DR

NB Municipal Fund filed its proxy statement, shareholders vote soon.

AI Summary

Neuberger Berman Municipal Fund Inc. filed a Definitive Proxy Statement (DEFA14A) on June 20, 2024. This filing is a proxy statement related to the Securities Exchange Act of 1934. The company's fiscal year ends on October 31st, and its business address is 1290 Avenue of the Americas, New York, NY 10104.

Why It Matters

Proxy statements are crucial for shareholders as they contain important information regarding company matters, such as director elections and proposals, which shareholders vote on.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

• 1031 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• NEUBERGER BERMAN MUNICIPAL FUND INC. (company) — Registrant
• 1290 AVENUE OF THE AMERICAS (location) — Business Address
• NEW YORK (location) — Business Address City
• 10104 (location) — Business Address Zip
• 2124768800 (phone_number) — Business Phone
• 20240620 (date) — Filing Date
• 1031 (date) — Fiscal Year End

FAQ

Filing Documents

• defa14a-nbh.htm (DEFA14A) — 46KB
• header.jpg (GRAPHIC) — 20KB
• image00003.jpg (GRAPHIC) — 23KB
• image00007.jpg (GRAPHIC) — 6KB
• nb.jpg (GRAPHIC) — 4KB
• 0000898432-24-000498.txt ( ) — 120KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to 240.14a-12 Neuberger Berman Municipal Fund Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: PROTECT YOUR INVESTMENT AND VOTE THE WHITE PROXY CARD FOR NBH'S CURRENT DIRECTORS Your vote is important, no matter how many shares you own. Every vote is important. We urge you to support your Fund's nominees who are focused on the best interest of ALL stockholders and dedicated to enhancing the value of your investment. Saba Capital Master Fund Ltd., a hedge fund managed by Saba Capital Management, L.P. (together, "Saba"), has submitted a nominee for election as a director on your Fund's Board. Saba is an opportunistic hedge fund manager focused only on its own interests and not the interests of all stockholders. Your Fund's Board believes that Saba seeks to disrupt the experienced and reliable oversight provided by your Fund's Board for its own gain and does not care about impairing your Fund and limiting its long-term investment potential. Your Fund's Board believes that if Saba's nominee is elected, he will harm the Fund and may hinder its ability to generate competitive investment returns in the future. Unlike prior years, stockholders may receive multiple proxy cards this year. It is important that you vote and return all WHITE proxy cards and DO NOT return any GOLD proxy card(s) sent by Saba. Dear Stockholder: The Board of Directors of the Fund is unanimously urging you to vote FOR the re-election of your Board's highly qualified and experienced current Directors: Marc Gary Martha Goss by promptly completing, signing, dating, and returning the enclosed WHITE proxy card or voting online or by phone as described on the WHITE proxy card. The Board of your Fund has a history of being devoted to safeguarding your investment and protecting the interests of ALL stockholders, but your Fund's Board and Manager believe that Saba's nominee would only serve its own interests. The Board of your Fund is committed to creating sustainable, long-term performance in pursuit of your Fund's stated investment objective for all stockholders. Your Fund's Board offers many years of pertinent fund governance experience and a comprehensive perspective on closed-end fund management issues. Each Director offers specialized expertise that contributes to the overall perspective and performance of the Board as a whole. Replacing any existing Directors of your Fund could jeopardize the balance of skills across the entire Board and may undermine the performance of the Board and the Fund. The two incumbent Board nominees are experienced and knowledgeable, independent of management, and have consistently acted in the best interests of ALL stockholders. 2 We Plan to Vigorously Defend YOUR FUND! _______________________________ Your Fund has retained EQ Fund Solutions, ("EQ") as its proxy solicitor. If representatives of EQ call you, they will clearly identify themselves as the proxy solicitor for the Fund. We urge you to VOTE FOR THE RE-ELECTION OF YOUR FUND'S NOMINEES (PROPOSAL 1) by filling out and signing the enclosed WHITE PROXY CARD and returning it to us in the enclosed postage-paid envelope or voting online or by phone using the instructions on the WHITE PROXY CARD . Do not vote for the Saba nominee or sign or return any proxy card sent to you by Saba . YOUR FUND NEEDS ALL OF ITS S

View Full Filing

View this DEFA14A filing on SEC EDGAR