Neuberger Berman Municipal Fund Files Proxy Statement

Ticker: NBH · Form: DEFA14A · Filed: Aug 5, 2024 · CIK: 1178839

Sentiment: neutral

Topics: proxy-statement, regulatory-filing, municipal-fund

TL;DR

NB Municipal Fund filed its proxy statement, no fee needed. Standard shareholder update.

AI Summary

Neuberger Berman Municipal Fund Inc. filed a Definitive Proxy Statement (DEFA14A) on August 5, 2024. This filing is related to the company's proxy materials and does not require a filing fee. The company's fiscal year ends on October 31st.

Why It Matters

This filing is a standard regulatory requirement for public companies to inform shareholders about important matters, such as annual meetings and voting proposals.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEFA14A) with no immediate financial implications or significant new information presented.

Key Numbers

Key Players & Entities

FAQ

What type of filing is this?

This is a Definitive Proxy Statement (DEFA14A) filed by Neuberger Berman Municipal Fund Inc.

When was this filing made?

The filing was made on August 5, 2024.

Does this filing require a fee?

No, the filing explicitly states 'No fee required.'

What is the company's fiscal year end?

The company's fiscal year ends on October 31st.

What is the company's central index key (CIK)?

The company's Central Index Key (CIK) is 0001178839.

Filing Stats: 723 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2024-08-05 12:30:07

Filing Documents

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: Dear Stockholder: The Board of Directors of NBH 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. Your vote is important, no matter how many shares you own. We urge you to support your Fund's current Directors who are focused on the best interest of ALL stockholders and dedicated to enhancing the value of your investment. Saba Capital Master Fund Ltd. ("Saba"), an opportunistic hedge fund, has submitted a nominee for election as a director on your Fund's Board. 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. Each current 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. VOTE THE WHITE PROXY CARD FOR YOUR CURRENT DIRECTORS We Plan to Vigorously Defend YOUR FUND! _______________________________ 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. 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 STOCKHOLDERS TO VOTE – NOT VOTING HELPS DISSIDENT SABA AND WE BELIEVE WILL NEGATIVELY IMPACT THE LONG-TERM PROSPECTS OF THE FUND. PLEASE DO NOT SEND BACK SABA'S GOLD PROXY CARD, even to withhold votes on Saba's nominee, as this may cancel any prior vote for your Fund's nominees. If you have already returned Saba's gold proxy card, you can still support your Board and your Fund by returning the enclosed WHITE PROXY CARD . Only your latest dated proxy card submission will count. If you have any questions, please contact our proxy solicitor: 2

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