Neuberger Berman California Municipal Fund Inc. (NBW)

11.05 -0.10 (-0.90%) At close: 03:59PM EDT

Neuberger Berman California Municipal Fund Inc.

1290 Avenue of the Americas
New York, NY 10104
United States
212 476 9000
https://www.nb.com/Pages/Public/en-us/Products/california-intermediate-municipal-fund.aspx

Sector(s): Financial Services
Industry: Asset Management
Full Time Employees: 

Description

Neuberger Berman California Intermediate Municipal Fund Inc. is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and California state personal tax. It invests in securities with remaining maturities of less than 15 years. The fund seeks to maintain a weighted average duration of between three and eight years. It invests in securities rated in the four highest categories by a nationally recognized statistical rating organization. Neuberger Berman California Intermediate Municipal Fund Inc. was formed on July 29, 2002 and is domiciled in the United States.

Corporate Governance

Neuberger Berman California Municipal Fund Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.