NBH vs. NVG
Compare and contrast key facts about Neuberger Berman Municipal Fund Inc. (NBH) and Nuveen AMT-Free Municipal Credit Income Fund (NVG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBH or NVG.
Correlation
The correlation between NBH and NVG is 0.35, 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. NVG - Performance Comparison
Key characteristics
NBH:
0.51
NVG:
0.95
NBH:
0.77
NVG:
1.34
NBH:
1.09
NVG:
1.17
NBH:
0.13
NVG:
0.35
NBH:
2.12
NVG:
4.00
NBH:
2.15%
NVG:
2.48%
NBH:
9.00%
NVG:
10.43%
NBH:
-43.52%
NVG:
-41.68%
NBH:
-29.80%
NVG:
-19.86%
Fundamentals
Returns By Period
In the year-to-date period, NBH achieves a 4.68% return, which is significantly lower than NVG's 9.82% return. Over the past 10 years, NBH has underperformed NVG with an annualized return of 1.25%, while NVG has yielded a comparatively higher 4.19% annualized return.
NBH
4.68%
-2.61%
1.68%
5.68%
-3.21%
1.25%
NVG
9.82%
-4.42%
1.62%
10.10%
-0.63%
4.19%
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Risk-Adjusted Performance
NBH vs. NVG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Municipal Fund Inc. (NBH) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). 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. NVG - Dividend Comparison
NBH's dividend yield for the trailing twelve months is around 5.18%, less than NVG's 6.82% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Nuveen AMT-Free Municipal Credit Income Fund | 6.82% | 4.50% | 6.20% | 4.72% | 5.27% | 4.97% | 6.11% | 5.71% | 6.18% | 5.46% | 5.84% | 6.13% |
Drawdowns
NBH vs. NVG - Drawdown Comparison
The maximum NBH drawdown since its inception was -43.52%, roughly equal to the maximum NVG drawdown of -41.68%. Use the drawdown chart below to compare losses from any high point for NBH and NVG. For additional features, visit the drawdowns tool.
Volatility
NBH vs. NVG - Volatility Comparison
The current volatility for Neuberger Berman Municipal Fund Inc. (NBH) is 2.91%, while Nuveen AMT-Free Municipal Credit Income Fund (NVG) has a volatility of 4.07%. This indicates that NBH experiences smaller price fluctuations and is considered to be less risky than NVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NBH vs. NVG - Financials Comparison
This section allows you to compare key financial metrics between Neuberger Berman Municipal Fund Inc. and Nuveen AMT-Free Municipal Credit Income Fund. 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