0001752724-24-000867.txt : 20240108 0001752724-24-000867.hdr.sgml : 20240108 20240108140738 ACCESSION NUMBER: 0001752724-24-000867 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20240108 DATE AS OF CHANGE: 20240108 EFFECTIVENESS DATE: 20240108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEUBERGER BERMAN MUNICIPAL FUND INC. CENTRAL INDEX KEY: 0001178839 ORGANIZATION NAME: IRS NUMBER: 522372415 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-21168 FILM NUMBER: 24519566 BUSINESS ADDRESS: STREET 1: 1290 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10104 BUSINESS PHONE: 2124768800 MAIL ADDRESS: STREET 1: 1290 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10104 FORMER COMPANY: FORMER CONFORMED NAME: NEUBERGER BERMAN MUNICIPAL FUND, INC. DATE OF NAME CHANGE: 20180831 FORMER COMPANY: FORMER CONFORMED NAME: NEUBERGER BERMAN INTERMEDIATE MUNICIPAL FUND INC DATE OF NAME CHANGE: 20020726 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001178839 XXXXXXXX 811-21168 false false false N-2 Neuberger Berman Municipal Fund Inc. 811-21168 0001178839 549300IIZWX8QVUHXO20 1290 AVENUE OF THE AMERICAS NEW YORK 10104 US-NY US 212-476-8800 State Street Bank and Trust Company One Congress Street Suite 1 Boston 02114 617-786-3000 Custody and Accounting Records N N N-2 Y Deborah C. McLean N/A N Ami Kaplan N/A N George W. Morriss 002188436 N Joseph V. Amato 002210305 Y James G. Stavridis N/A N Michael M. Knetter N/A N Franklyn E. Smith N/A N Michael J. Cosgrove 002337078 N Tom D. Seip N/A N Marc Gary N/A N Martha C. Goss N/A N Savonne L. Ferguson N/A 1290 Avenue of the Americas New York 10104 XXXXXX N N N N N N N Ernst & Young LLP 42 N/A N N N N N Neuberger Berman Municipal Fund Inc. 549300IIZWX8QVUHXO20 N 0 0 0 N/A N N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N/A N/A N/A Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) Rule 32a-4 (17 CFR 270.32a-4) Rule 17a-8 (17 CFR 270.17a-8) Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(e) (17 CFR 270.18f-4(e)) Rule 12d1-4 (17 CFR 270.12d1-4) N N N N Neuberger Berman Investment Advisers LLC 801-61757 000124687 8PSZVUUKYGCPW2RDO373 N Equiniti Trust Company, LLC 084-00416 254900TS5EWP83BEOU02 N N N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N ICE Data Services, Inc. 13-3668779 Tax ID N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 N Bloomberg L.P. 549300B56MD0ZC402L06 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Equiniti Trust Company, LLC 254900TS5EWP83BEOU02 N N N Neuberger Berman Investment Advisers LLC 8PSZVUUKYGCPW2RDO373 Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y N Neuberger Berman BD LLC 8-1068 000002908 PWDS3JJ631D5N70JXG61 0.00000000 0.00000000 J.P. Morgan Securities LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 45169475.00000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 7890595.40000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 17730757.50000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 6454350.00000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 18678822.60000000 Deutsche Bank Securities Inc. 8-17822 000002525 9J6MBOOO7BECTDTUZW19 32450000.00000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 21754644.80000000 Wells Fargo Securities, LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 8746141.65000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 10233856.25000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 27800000.00000000 226328206.50000000 N 228921846.87692307 Preferred stock Variable Rate Municipal Term Preferred Shares Common stock Common Stock N N Preferred stock N N N 0.41000000 3.90000000 8.86000000 10.68000000 true INTERNAL CONTROL RPT 2 NCEN_811-21168_66893134_1023.htm n-cenmunicipal.htm - Generated by SEC Publisher for SEC Filing

Report of Independent Registered Public Accounting Firm

 

To the Stockholders and

Board of Directors of Neuberger Berman Municipal Fund Inc.

In planning and performing our audit of the financial statements of Neuberger Berman Municipal Fund Inc. (the “Fund”) as of and for the year ended October 31, 2023, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

 

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2023.

This report is intended solely for the information and use of management and the Board of Directors of Neuberger Berman Municipal Fund Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

 

/s/ Ernst & Young LLP

 

 

Boston, Massachusetts

December 22, 2023