Lubermann New York Municipal Fund, Inc. (Nuberger Berman New York Municipal Fund, Inc.) was established on September 25, 2002, formerly known as Berman California Intermediate Municipal Fund Inc. , Is a closed-end fixed income mutual fund initiated and managed by Neuberger Berman Management LLC (Lubomai Group), which is jointly managed by Neuberger Berman LLC.
Neuberger Berman New York Municipal Fund (NBO):
Neuberger Berman New York Municipal Fund invests in the US fixed income market. The fund mainly invests in tax-exempt municipal bonds with maturities not exceeding 15 years.
The Neuberger Berman New York Municipal Fund seeks to invest in securities rated in the four highest categories by statistical rating agencies. The fund benchmarked the performance of the Barclays 10-year municipal bond index portfolio.
The Neuberger Berman New York Municipal Fund was formerly known as Neuberger Berman California Intermediate Municipal Fund Inc., and the Neuberger Berman New York Municipal Fund was established on September 24, 2002 and registered in the United States.
Information on Neuberger Berman:
Established in 1939, Lubomai has only one policy, which is to bring long-term investment results to customers. To this day, the company still adheres to this single mission. Through objective and in-depth fundamental research, the pursuit of investment insights, the purpose of excellence, and a corporate culture that encourages the free exchange of ideas, the company has truly fulfilled its commitments to customers.
As an independent private investment management company controlled by employees, Lubomai has aligned with the long-term interests of its clients in its corporate structure. The company does not need to worry about external parent companies or shareholders in the open market, nor does it have other businesses to distract us from the core. More importantly, the self-owned capital of employees and their families (including employees’ 100% deferred allowance) and customers’ Like assets, they invest in the strategies managed by the company together-on the road of investment, Lubomai and its customers truly go hand in hand.
Through offices in 34 cities, Lubomai manages a full range of stock, fixed income, private equity and hedge fund strategies for institutions, investment advisors and individual investors around the world. Relying on its 500 investment experts and more than 2,000 employees from all over the world, Lubomai has built a strong team that gathers elites from the Quartet but with the same goal-to work together to create good results for customers. This is agreed to let the company’s senior investment experts retain their posts It has been able to maintain a high level and has been selected by the Pensions & Investments publications as one of the best workplaces in the financial management industry (in an organization with more than 1,000 employees) every year since 2013.