# EDGAR Filing Document

**Accession Number:** 0000723620
**File Stem:** 0000898432-26-000232
**Filing Date:** 2026-3
**Character Count:** 4499
**Document Hash:** 7390874035577fac4358686a680bc7d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898432-26-000232.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000898432-26-000232

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**EFFECTIVENESS DATE**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEUBERGER BERMAN INCOME FUNDS
- **CENTRAL INDEX KEY:** 0000723620

**ORGANIZATION NAME:**
- **EIN:** 133179654
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-292705
- **FILM NUMBER:** 26822627

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** (212) 476-8800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEHMAN BROTHERS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20070601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER BERMAN INCOME FUNDS
- **DATE OF NAME CHANGE:** 19981105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER & BERMAN INCOME FUNDS
- **DATE OF NAME CHANGE:** 19930701

## Series and Classes Contracts Data

### Neuberger Municipal Intermediate Bond Fund (Series ID: S000007833)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021323 | Investor Class | NMUIX           |

Neuberger Berman Income Funds<sup>®</sup> ("Income Funds")

#### Neuberger Municipal High Income Fund

#### Neuberger Municipal Impact Fund

#### Neuberger Municipal Intermediate Bond Fund

Supplement to the Summary Prospectuses, Prospectuses, and the Statement of Additional Information, each dated February 28, 2026, as each may be amended and supplemented<br>

As previously disclosed to shareholders, the Board of Trustees of the Income Funds approved the proposed reorganization of each of Neuberger Municipal High Income Fund and Neuberger Municipal Impact Fund (each, a "Merging Fund" and collectively, the "Merging Funds") into Neuberger Municipal Intermediate Bond Fund (the "Acquiring Fund") (each a "Merger" and collectively, the "Mergers"). Each Merger was contingent upon the approval by shareholders of the respective Merging Fund (the "Merging Fund Shareholders"). At the shareholder meeting held on March 31, 2026, each Merger was approved by the respective Merging Fund Shareholders. Effective March 31, 2026, Rule 12b-1 fees on all applicable share classes for the Merging Funds are waived.

The Mergers are expected to close on or about May 15, 2026. The Mergers will involve several steps, including:

<br> (i) the transfer of substantially all of the assets of a Merging Fund to the Acquiring Fund in exchange for Acquiring Fund shares having an aggregate net asset value equal to the value of the Merging Fund's net assets;

<br> (ii) the Acquiring Fund's assumption of all the liabilities of a Merging Fund;

<br> (iii) the distribution of Acquiring Fund shares pro rata to shareholders of a Merging Fund; and

<br> (iv) the complete liquidation and termination of a Merging Fund.

Upon completion of the Mergers, Merging Fund Shareholders will become shareholders of the Acquiring Fund.

It is anticipated that each Merger will qualify as a tax-free reorganization for federal income tax purposes and that shareholders will not recognize any gain or loss in connection with the Mergers.

Additional and important details about the Mergers are described in a combined proxy statement/prospectus, which was mailed on or about February 12, 2026, to Merging Fund Shareholders of record as of January 16, 2026. Free copies of the materials are also available on the SEC's website at <u>www.sec.gov</u>. These materials also are available at <u>www.nb.com</u>. In addition, further information about the Acquiring Fund (Neuberger Municipal Intermediate Bond Fund), including its Summary Prospectuses, Prospectuses, and Statement of Additional Information, can be found on our website at <u>www.nb.com</u>.

#### The date of this supplement is March 31, 2026.

#### Please retain this supplement for future reference.

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|:---|
| ![](image0.jpg) |
| **Neuberger Berman Investment Advisers LLC**<br> 1290 Avenue of the Americas<br> New York, NY 10104<br> **Shareholder Services**<br> 800.877.9700<br> **Institutional Services**<br> 800.366.6264<br> **www.nb.com** |

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