Neuberger Municipal Intermediate Bond Fund A Class (NMNAX)
| Fund Assets | 198.88M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000 |
| Turnover | 83.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.53% |
| Dividend Growth | 4.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.03 |
| YTD Return | 0.16% |
| 1-Year Return | 4.10% |
| 5-Year Return | 2.56% |
| 52-Week Low | 10.58 |
| 52-Week High | 11.24 |
| Beta (5Y) | n/a |
| Holdings | 221 |
| Inception Date | Jun 21, 2010 |
About NMNAX
Neuberger Berman Municipal Intermediate Bond Fund Class A is a mutual fund that seeks high current income exempt from federal income tax, consistent with low risk to principal and liquidity, while pursuing total return as a secondary objective. The fund primarily invests at least 80% of its total assets in a diversified portfolio of municipal securities issued by U.S. states, territories, and their political subdivisions, focusing on investment-grade bonds rated in the four highest categories by credit rating agencies. It maintains a conservatively positioned strategy with a high-quality bias, driven by fundamental credit analysis, and limits exposure to below-investment-grade securities to no more than 15% of total assets. The portfolio typically targets an average weighted duration of three to seven years, emphasizing intermediate-term municipal debt to balance income generation with moderate price stability. This approach supports capital preservation and tax efficiency for investors in higher tax brackets, while monitoring economic, financial, and political factors across municipal issuers. Neuberger Berman Municipal Intermediate Bond Fund Class A plays a key role in fixed-income portfolios seeking tax-advantaged income with controlled volatility.
Performance
NMNAX had a total return of 4.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02472 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02539 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02365 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02451 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02475 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02382 | Oct 31, 2025 |