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NBH vs. NVG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


-0.50.00.51.00.4

Performance

NBH vs. NVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Municipal Fund Inc. (NBH) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). The values are adjusted to include any dividend payments, if applicable.

120.00%140.00%160.00%180.00%200.00%220.00%240.00%JulyAugustSeptemberOctoberNovemberDecember
127.26%
203.42%
NBH
NVG

Key characteristics

Sharpe Ratio

NBH:

0.51

NVG:

0.95

Sortino Ratio

NBH:

0.77

NVG:

1.34

Omega Ratio

NBH:

1.09

NVG:

1.17

Calmar Ratio

NBH:

0.13

NVG:

0.35

Martin Ratio

NBH:

2.12

NVG:

4.00

Ulcer Index

NBH:

2.15%

NVG:

2.48%

Daily Std Dev

NBH:

9.00%

NVG:

10.43%

Max Drawdown

NBH:

-43.52%

NVG:

-41.68%

Current Drawdown

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

YTD

4.68%

1M

-2.61%

6M

1.68%

1Y

5.68%

5Y*

-3.21%

10Y*

1.25%

NVG

YTD

9.82%

1M

-4.42%

6M

1.62%

1Y

10.10%

5Y*

-0.63%

10Y*

4.19%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for NBH, currently valued at 0.51, compared to the broader market-4.00-2.000.002.000.510.95
The chart of Sortino ratio for NBH, currently valued at 0.77, compared to the broader market-4.00-2.000.002.004.000.771.34
The chart of Omega ratio for NBH, currently valued at 1.09, compared to the broader market0.501.001.502.001.091.17
The chart of Calmar ratio for NBH, currently valued at 0.13, compared to the broader market0.002.004.006.000.130.35
The chart of Martin ratio for NBH, currently valued at 2.12, compared to the broader market-5.000.005.0010.0015.0020.0025.002.124.00
NBH
NVG

The current NBH Sharpe Ratio is 0.51, which is lower than the NVG Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of NBH and NVG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.51
0.95
NBH
NVG

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.


TTM20232022202120202019201820172016201520142013
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%
NVG
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.


-30.00%-25.00%-20.00%-15.00%JulyAugustSeptemberOctoberNovemberDecember
-29.80%
-19.86%
NBH
NVG

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.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.91%
4.07%
NBH
NVG

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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