NVG vs. NBH
Compare and contrast key facts about Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Neuberger Berman Municipal Fund Inc. (NBH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVG or NBH.
Correlation
The correlation between NVG and NBH 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
NVG vs. NBH - Performance Comparison
Key characteristics
NVG:
0.87
NBH:
0.45
NVG:
1.23
NBH:
0.70
NVG:
1.16
NBH:
1.08
NVG:
0.32
NBH:
0.12
NVG:
3.35
NBH:
1.71
NVG:
2.71%
NBH:
2.37%
NVG:
10.44%
NBH:
8.95%
NVG:
-41.68%
NBH:
-43.52%
NVG:
-20.12%
NBH:
-30.41%
Fundamentals
Returns By Period
In the year-to-date period, NVG achieves a 9.46% return, which is significantly higher than NBH's 3.77% return. Over the past 10 years, NVG has outperformed NBH with an annualized return of 4.14%, while NBH has yielded a comparatively lower 1.03% annualized return.
NVG
9.46%
-7.20%
0.80%
9.73%
-0.91%
4.14%
NBH
3.77%
-5.32%
-1.63%
4.78%
-3.21%
1.03%
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Risk-Adjusted Performance
NVG vs. NBH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Neuberger Berman Municipal Fund Inc. (NBH). 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
NVG vs. NBH - Dividend Comparison
NVG's dividend yield for the trailing twelve months is around 6.85%, more than NBH's 4.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVG Nuveen AMT-Free Municipal Credit Income Fund | 6.85% | 4.50% | 6.20% | 4.72% | 5.27% | 4.97% | 6.11% | 5.71% | 6.18% | 5.46% | 5.84% | 6.13% |
NBH Neuberger Berman Municipal Fund Inc. | 4.86% | 4.52% | 6.10% | 4.86% | 4.89% | 4.83% | 6.02% | 5.56% | 5.54% | 5.73% | 5.47% | 5.98% |
Drawdowns
NVG vs. NBH - Drawdown Comparison
The maximum NVG drawdown since its inception was -41.68%, roughly equal to the maximum NBH drawdown of -43.52%. Use the drawdown chart below to compare losses from any high point for NVG and NBH. For additional features, visit the drawdowns tool.
Volatility
NVG vs. NBH - Volatility Comparison
Nuveen AMT-Free Municipal Credit Income Fund (NVG) has a higher volatility of 3.71% compared to Neuberger Berman Municipal Fund Inc. (NBH) at 2.83%. This indicates that NVG's price experiences larger fluctuations and is considered to be riskier than NBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVG vs. NBH - Financials Comparison
This section allows you to compare key financial metrics between Nuveen AMT-Free Municipal Credit Income Fund and Neuberger Berman Municipal Fund Inc.. 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