NBH vs. BLE
Compare and contrast key facts about Neuberger Berman Municipal Fund Inc. (NBH) and BlackRock Municipal Income Trust II (BLE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBH or BLE.
Correlation
The correlation between NBH and BLE is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NBH vs. BLE - Performance Comparison
Key characteristics
NBH:
0.51
BLE:
0.47
NBH:
0.77
BLE:
0.70
NBH:
1.09
BLE:
1.09
NBH:
0.13
BLE:
0.15
NBH:
2.12
BLE:
1.80
NBH:
2.15%
BLE:
2.27%
NBH:
9.00%
BLE:
8.63%
NBH:
-43.52%
BLE:
-55.26%
NBH:
-29.80%
BLE:
-23.14%
Fundamentals
NBH:
$310.10M
BLE:
$507.82M
NBH:
$0.23
BLE:
$0.61
NBH:
45.52
BLE:
17.44
NBH:
0.00
BLE:
0.00
NBH:
$3.95M
BLE:
$28.72M
NBH:
$2.28M
BLE:
$24.28M
NBH:
$43.98M
BLE:
$8.99M
Returns By Period
In the year-to-date period, NBH achieves a 4.68% return, which is significantly higher than BLE's 4.00% return. Both investments have delivered pretty close results over the past 10 years, with NBH having a 1.25% annualized return and BLE not far behind at 1.19%.
NBH
4.68%
-2.61%
1.68%
5.68%
-3.21%
1.25%
BLE
4.00%
-2.02%
2.25%
3.80%
-2.40%
1.19%
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Risk-Adjusted Performance
NBH vs. BLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Municipal Fund Inc. (NBH) and BlackRock Municipal Income Trust II (BLE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NBH vs. BLE - Dividend Comparison
NBH's dividend yield for the trailing twelve months is around 5.18%, less than BLE's 6.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBH Neuberger Berman Municipal Fund Inc. | 5.18% | 4.52% | 6.10% | 4.86% | 4.89% | 4.83% | 6.02% | 5.56% | 5.54% | 5.73% | 5.47% | 5.98% |
BLE BlackRock Municipal Income Trust II | 6.01% | 4.05% | 5.91% | 4.93% | 4.64% | 4.60% | 5.72% | 5.97% | 6.30% | 6.19% | 6.22% | 7.69% |
Drawdowns
NBH vs. BLE - Drawdown Comparison
The maximum NBH drawdown since its inception was -43.52%, smaller than the maximum BLE drawdown of -55.26%. Use the drawdown chart below to compare losses from any high point for NBH and BLE. For additional features, visit the drawdowns tool.
Volatility
NBH vs. BLE - Volatility Comparison
Neuberger Berman Municipal Fund Inc. (NBH) and BlackRock Municipal Income Trust II (BLE) have volatilities of 2.91% and 2.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NBH vs. BLE - Financials Comparison
This section allows you to compare key financial metrics between Neuberger Berman Municipal Fund Inc. and BlackRock Municipal Income Trust II. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities