Empire Builder Tax Free Bond Fund seeks approval to reorganize

By Toni Weeks

San Diego, Nov. 14 - The board of trustees of the Empire Builder Tax Free Bond Fund approved the reorganization of the fund into a new fund created for the purpose of the reorganization, the Neuberger Berman New York Municipal Intermediate Bond Fund.

Approval will be required at a shareholders' meeting, which is expected to be held in the first quarter of 2013.

New York-based Glickenhaus & Co. is the investment adviser to the Empire Builder Fund.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.