Neuberger Berman Municipal Impact C (NIMCX)
| Fund Assets | 78.93M |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 69.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.75% |
| Dividend Growth | 19.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 16.34 |
| YTD Return | 1.40% |
| 1-Year Return | 1.21% |
| 5-Year Return | -4.07% |
| 52-Week Low | 15.62 |
| 52-Week High | 16.40 |
| Beta (5Y) | n/a |
| Holdings | 121 |
| Inception Date | Jun 19, 2018 |
About NIMCX
Neuberger Berman Municipal Impact Fund Class C is an actively managed municipal bond mutual fund focused on generating federally tax‑exempt income while directing capital to projects that advance environmental and social objectives in the United States. The fund invests primarily in investment‑grade municipal securities, targeting bonds that finance sustainable community initiatives aligned with themes such as clean water, renewable energy, transportation, public education, and affordable housing. It emphasizes impact selection alongside traditional credit research, seeking diversification benefits relative to corporate credit and equities. The strategy’s design positions it within the national intermediate municipal category, balancing interest‑rate sensitivity and credit quality to pursue steady tax‑advantaged income streams. Class C shares feature a higher ongoing expense structure relative to other share classes but avoid a front‑end sales load, with a contingent deferred sales charge that typically declines after the first year. Portfolio management and firm resources underscore a disciplined process, with periodic commentaries providing market context and performance attribution. The fund serves investors aiming to pair municipal income with measurable societal outcomes through U.S. public‑purpose financing.
Performance
NIMCX had a total return of 1.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
15.50% of assets| Name | Symbol | Weight |
|---|---|---|
| PHILADELPHIA PA REDEV AUTH REV 5% | PA.PHIDEV 5 04.15.2030 | 2.05% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2055 | 1.92% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2054 | 1.63% |
| SALES TAX SECURITIZATION CORP ILL 4% | IL.STSGEN 4 01.01.2042 | 1.54% |
| DILLON CNTY S C SCH FACS CORP CTFS PARTN 5% | SC.DILEDU 5 12.01.2026 | 1.49% |
| DALLAS TEX INDPT SCH DIST 5% | TX.DALSCD 5 02.15.2034 | 1.43% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 3.65% | MO.MOSMED 10.01.2035 | 1.36% |
| WILDWOOD UTIL DEPENDENT DIST FLA UTIL REV 5% | FL.WDDUTL 5 10.01.2034 | 1.36% |
| WARREN CNTY KY BRD ED 5% | KY.WAREDU 5 12.01.2029 | 1.36% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25% | AL.ESDPWR 07.01.2054 | 1.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02485 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02399 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02395 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02562 | Jun 30, 2025 |
| May 30, 2025 | $0.02423 | May 30, 2025 |
| Apr 30, 2025 | $0.02537 | Apr 30, 2025 |