Neuberger Berman Municipal Intermediate Bond Fund (NMUIX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NMUIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NMUIX
NMUIX charges 0.45% annually. There are 96 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | NMUIX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NMUIX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NMUIX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NMUIX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | NMUIX vs FGNSX |
Best Risk-Adjusted Alternatives to NMUIX
NMUIX has a PortfoliosLab risk / return rank of 71. There are 144 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | NMUIX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NMUIX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NMUIX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NMUIX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | NMUIX vs DFSMX |
Top Performing NMUIX Alternatives (YTD)
NMUIX is at 1.42% YTD. There are 214 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | NMUIX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | NMUIX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | NMUIX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | NMUIX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | NMUIX vs MIY |
Lowest Volatility Alternatives to NMUIX
NMUIX has 2.18% 1-year volatility. There are 122 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NMUIX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NMUIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NMUIX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NMUIX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | NMUIX vs DFSMX |
Lowest Drawdown Alternatives to NMUIX
NMUIX has a 1-year max drawdown of -2.40%. There are 128 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | NMUIX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NMUIX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NMUIX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NMUIX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NMUIX vs FHMIX |
Other Mutual Funds from Neuberger Berman
The 10 most viewed Neuberger Berman mutual funds shown here include NBGNX, NML, NLSIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Genesis Fund | Small Cap Growth Equities | 6 | 5.92% | — | Sep 1988 | NMUIX vs NBGNX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 33 | 21.38% | — | Mar 2013 | NMUIX vs NML | |
| Neuberger Berman Long Short Fund | Long-Short | 20 | 2.54% | — | Dec 2011 | NMUIX vs NLSIX | |
| Neuberger Berman Strategic Income Fund | Multisector Bonds | 41 | 0.76% | — | Jul 2003 | NMUIX vs NSTLX | |
| Neuberger Berman Guardian Fund | Large Cap Growth Equities | 24 | 7.47% | — | Jun 1950 | NMUIX vs NGUAX | |
| Neuberger Berman Large Cap Value Fund | Large Cap Value Equities | 93 | 17.25% | — | Jan 1975 | NMUIX vs NPRTX | |
| Neuberger Berman Mid Cap Growth Fund | Mid Cap Growth Equities | 7 | 10.30% | — | Mar 1979 | NMUIX vs NMANX | |
| Neuberger Berman Next Generation Connectivity Fund | Technology Equities | 41 | 21.56% | — | May 2021 | NMUIX vs NBXG | |
| Neuberger Berman Intrinsic Value Fund | Small Cap Blend Equities | 86 | 22.52% | — | May 2010 | NMUIX vs NINLX | |
| Neuberger Berman Sustainable Equity Fund | Large Cap Blend Equities | 56 | 11.64% | — | Mar 1994 | NMUIX vs NBSRX |
Often Compared With NMUIX
Investors most often compare NMUIX with GILHX, DMREX, NBGIX. These 13 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare NMUIX with Any Fund or Stock
Compare NMUIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NMUIX with funds that move differently
Neuberger Berman Municipal Intermediate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NMUIX.
Explore NMUIX Diversifiers