Every trade that managers of Neuberger Berman NEW York Municipal Fund Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. Neuberger Berman NEW York Municipal Fund Inc. has had no insider filing for more than a year; the last one goes back to 25 October 2023.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
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Neuberger Berman New York Municipal Fund Inc. is a U.S.-listed closed-end fund focused on municipal fixed income. It trades on NYSE American in the United States under the ticker NBO, positioning it within the American listed-funds universe rather than as an operating industrial or consumer business. The fund’s core mandate is straightforward: it seeks a high level of current income exempt from federal income tax, and from New York State and New York City personal income taxes, making it particularly relevant for investors seeking tax-advantaged municipal income exposure. ([nb.com](https://www.nb.com/handlers/documents.ashx?item_id=116f8e3c-6ff6-4a67-bf67-b608af7269f2))
The fund was organized on July 29, 2002 as a Maryland corporation and launched as a diversified closed-end management investment company under the Investment Company Act of 1940. Its strategy is built around municipal securities, with at least 80% of total assets normally invested in municipal issuers whose interest income is exempt from federal income tax. It also uses leverage through preferred stock, a common structural feature in leveraged municipal closed-end funds. This structure aims to enhance distributable income, but it also adds sensitivity to interest-rate changes and borrowing costs. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1178839/000089843226000008/ncsr-muni.htm))
From a portfolio-construction standpoint, Neuberger Berman emphasizes security selection, sector allocation, and credit discipline. The available fund materials indicate that a large share of holdings are rated in the higher investment-grade categories, and that the portfolio is diversified across municipal sectors and issuers. For investors in France, Belgium, or Switzerland, the fund is best understood as a specialized U.S. tax-exempt income vehicle rather than a traditional equity story. Its appeal lies in the combination of regular income, municipal credit exposure, and a focus on New York-area tax exemption. ([nb.com](https://www.nb.com/handlers/documents.ashx?item_id=116f8e3c-6ff6-4a67-bf67-b608af7269f2))
The broader Neuberger Berman platform provides the investment-management backdrop for the fund, supporting its municipal bond expertise and distribution capabilities from New York. Public disclosures also show that the fund completed a reorganization with another municipal fund in October 2023, highlighting ongoing portfolio and structure optimization within the franchise. More recent disclosures continue to show monthly distributions and continued activity in SEC reporting, underscoring that the vehicle remains actively managed and relevant in the current U.S. municipal market environment. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1178839/000089843226000008/ncsr-muni.htm))