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Neuberger Berman Municipal High Income Fund (NMHIX) Sharpe Ratio

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of municipal issuers that provide interest income that is exempt from federal income tax and other investments that provide investment exposure to such securities; however, the fund may invest without limit in municipal securities the interest on which may be a Tax Preference Item.

Sharpe ratio is not yet available for NMHIX. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar mutual funds

The table compares Neuberger Berman Municipal High Income Fund's Sharpe Ratio with other mutual funds in the High Yield Muni category across multiple time periods, showing how NMHIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 11, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PRFHXT. Rowe Price Tax Free High Yield Fund3.43
FHTFXFederated Hermes Municipal High Yield Advtg Fd2.92
ISHYXInvesco Short Duration High Yield Municipal Fund2.92
EWHYXEaton Vance High Yield Municipal Income Fund Class W2.73
HIMFXAmerican High-Income Municipal Bond Fund Class F-32.72
SRHMXColumbia High Yield Municipal Fund2.70
WHYIXAllspring High Yield Municipal Bond Fund2.70
AHMFXAmerican High-Income Municipal Bond Fund Class F-22.69
AMHIXAmerican High-Income Municipal Bond Fund2.63
SDHIXLord Abbett Short Duration High Income Municipal Bond Fund2.63
NMHIXNeuberger Berman Municipal High Income Fund—

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How to choose period

Historical Sharpe Ratio

The chart shows NMHIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when NMHIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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