Neuberger Berman Municipal Fund Inc. (NBH)

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Neuberger Berman Municipal Fund Inc. (NBH) is up 4.4% since the beginning of the year. At $10 per share, NBH is trading 3.3% below its 52-week high of $11. Investors who bought $1,000 worth of NBH shares 5 years ago would now be looking at an investment worth $855.

Neuberger Berman Municipal Fund Inc. (NBH) has returned 4.40% so far this year and 12.06% over the past 12 months. Over the last ten years, NBH has returned 0.71% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Oct 22, 2002, NBH's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +16.2%, while the worst month was Apr 2004 at -11.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, NBH closed higher 50% of trading days. The best single day was Mar 25, 2020 with a return of +15.1%, while the worst single day was Apr 1, 2020 at -10.0%.

Neuberger Berman Municipal Fund Inc. has an annualized alpha of 3.10%, beta of 0.18, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since October 23, 2002.

• This stock participated in 26.32% of S&P 500 Index downside but only 26.15% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.18 may look defensive, but with R2 of 0.05 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.05 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NBH ranks 77 for risk / return — better than 77% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Neuberger Berman Municipal Fund Inc. (NBH) and compare them to S&P 500 Index.

Neuberger Berman Municipal Fund Inc. provided a 6.32% dividend yield over the last twelve months, with an annual payout of $0.65 per share. The company has been increasing its dividends for 2 consecutive years.

The table displays the monthly dividend distributions for Neuberger Berman Municipal Fund Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Neuberger Berman Municipal Fund Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Neuberger Berman Municipal Fund Inc. was 43.51%, occurring on Oct 25, 2023. The portfolio has not yet recovered.

The current Neuberger Berman Municipal Fund Inc. drawdown is 23.12%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Neuberger Berman Municipal Fund Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Neuberger Berman Municipal Fund Inc. is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.