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Neuberger Berman Intermediate Municipal Fund Inc. (NBH) stock has reached a 52-week low, dipping to $10.02, as investors navigate a complex bond market environment. The fund offers a substantial 6.28% dividend yield and has maintained dividend payments for 24 consecutive years, according to InvestingPro data. The fund, which focuses on intermediate-term municipal bonds, has shown resilience with a positive YTD return of 1.55% despite market volatility. With a beta of 0.63 and a strong current ratio of 3.17, NBH demonstrates stability and solid financial health. This latest price level reflects investor sentiment and market dynamics that have influenced the performance of municipal bond investments during the period. Despite the current low, NBH remains a watched entity for those invested in the municipal bond sector, as market participants assess the potential for recovery or further adjustments in the fund's strategy and holdings. Unlock detailed dividend analysis and 5 additional key insights with InvestingPro.
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