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NMHIX vs. NINLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NMHIX vs. NINLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Municipal High Income Fund (NMHIX) and Neuberger Berman Intrinsic Value Fund (NINLX). The values are adjusted to include any dividend payments, if applicable.

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NMHIX vs. NINLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NMHIX
Neuberger Berman Municipal High Income Fund
0.01%3.56%6.27%4.34%-14.26%4.90%4.04%8.28%2.19%8.75%
NINLX
Neuberger Berman Intrinsic Value Fund
2.49%18.20%7.62%13.89%-20.22%26.42%27.14%24.92%-10.56%16.81%

Returns By Period

In the year-to-date period, NMHIX achieves a 0.01% return, which is significantly lower than NINLX's 2.49% return. Over the past 10 years, NMHIX has underperformed NINLX with an annualized return of 2.37%, while NINLX has yielded a comparatively higher 10.79% annualized return.


NMHIX

1D
0.43%
1M
-1.79%
YTD
0.01%
6M
1.44%
1Y
3.56%
3Y*
4.19%
5Y*
0.45%
10Y*
2.37%

NINLX

1D
3.38%
1M
-5.22%
YTD
2.49%
6M
6.48%
1Y
33.80%
3Y*
12.16%
5Y*
5.00%
10Y*
10.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NMHIX vs. NINLX - Expense Ratio Comparison

NMHIX has a 0.52% expense ratio, which is lower than NINLX's 1.01% expense ratio.


Return for Risk

NMHIX vs. NINLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NMHIX
NMHIX Risk / Return Rank: 2626
Overall Rank
NMHIX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
NMHIX Sortino Ratio Rank: 2020
Sortino Ratio Rank
NMHIX Omega Ratio Rank: 4646
Omega Ratio Rank
NMHIX Calmar Ratio Rank: 2020
Calmar Ratio Rank
NMHIX Martin Ratio Rank: 1717
Martin Ratio Rank

NINLX
NINLX Risk / Return Rank: 7474
Overall Rank
NINLX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
NINLX Sortino Ratio Rank: 7474
Sortino Ratio Rank
NINLX Omega Ratio Rank: 6565
Omega Ratio Rank
NINLX Calmar Ratio Rank: 7979
Calmar Ratio Rank
NINLX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NMHIX vs. NINLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Municipal High Income Fund (NMHIX) and Neuberger Berman Intrinsic Value Fund (NINLX). 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.


NMHIXNINLXDifference

Sharpe ratio

Return per unit of total volatility

0.75

1.37

-0.62

Sortino ratio

Return per unit of downside risk

1.02

1.94

-0.92

Omega ratio

Gain probability vs. loss probability

1.22

1.26

-0.04

Calmar ratio

Return relative to maximum drawdown

0.83

2.00

-1.17

Martin ratio

Return relative to average drawdown

2.48

8.15

-5.68

NMHIX vs. NINLX - Sharpe Ratio Comparison

The current NMHIX Sharpe Ratio is 0.75, which is lower than the NINLX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of NMHIX and NINLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NMHIXNINLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

1.37

-0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.10

0.23

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.47

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.45

+0.10

Correlation

The correlation between NMHIX and NINLX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

NMHIX vs. NINLX - Dividend Comparison

NMHIX's dividend yield for the trailing twelve months is around 3.69%, less than NINLX's 4.15% yield.


TTM20252024202320222021202020192018201720162015
NMHIX
Neuberger Berman Municipal High Income Fund
3.69%3.98%3.81%3.11%2.43%2.74%2.90%3.36%3.64%3.44%4.42%0.00%
NINLX
Neuberger Berman Intrinsic Value Fund
4.15%4.25%0.92%0.25%3.76%6.40%1.62%2.85%14.51%5.19%1.42%5.22%

Drawdowns

NMHIX vs. NINLX - Drawdown Comparison

The maximum NMHIX drawdown since its inception was -19.38%, smaller than the maximum NINLX drawdown of -59.95%. Use the drawdown chart below to compare losses from any high point for NMHIX and NINLX.


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Drawdown Indicators


NMHIXNINLXDifference

Max Drawdown

Largest peak-to-trough decline

-19.38%

-59.95%

+40.57%

Max Drawdown (1Y)

Largest decline over 1 year

-5.40%

-15.46%

+10.06%

Max Drawdown (5Y)

Largest decline over 5 years

-19.38%

-28.71%

+9.33%

Max Drawdown (10Y)

Largest decline over 10 years

-19.38%

-44.43%

+25.05%

Current Drawdown

Current decline from peak

-2.10%

-6.31%

+4.21%

Average Drawdown

Average peak-to-trough decline

-4.58%

-9.96%

+5.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.80%

3.78%

-1.98%

Volatility

NMHIX vs. NINLX - Volatility Comparison

The current volatility for Neuberger Berman Municipal High Income Fund (NMHIX) is 1.17%, while Neuberger Berman Intrinsic Value Fund (NINLX) has a volatility of 8.18%. This indicates that NMHIX experiences smaller price fluctuations and is considered to be less risky than NINLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NMHIXNINLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.17%

8.18%

-7.01%

Volatility (6M)

Calculated over the trailing 6-month period

1.78%

16.01%

-14.23%

Volatility (1Y)

Calculated over the trailing 1-year period

5.37%

25.22%

-19.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.59%

21.79%

-17.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.70%

23.04%

-18.34%