Neuberger Berman Muni Interm Bd C (NMNCX)
| Fund Assets | 187.21M |
| Expense Ratio | 1.42% |
| Min. Investment | $1,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.84% |
| Dividend Growth | 9.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.04 |
| YTD Return | 1.60% |
| 1-Year Return | 0.95% |
| 5-Year Return | -2.22% |
| 52-Week Low | 10.58 |
| 52-Week High | 11.15 |
| Beta (5Y) | n/a |
| Holdings | 216 |
| Inception Date | Jun 21, 2010 |
About NMNCX
Neuberger Berman Municipal Intermediate Bond Fund Class C is an open‑end municipal bond mutual fund focused on generating federally tax‑exempt income from a diversified portfolio of intermediate‑maturity municipal securities. The strategy emphasizes investment‑grade issuers across U.S. states and sectors, targeting a duration typically in the four‑to‑six‑year range to balance income stability with interest‑rate sensitivity characteristic of the muni national intermediate category. Managed by an experienced municipal team, the fund applies fundamental credit research with a high‑quality bias and incorporates ESG considerations within its credit analysis framework. Portfolio construction is diversified, with top holdings often including general obligation and essential‑service revenue bonds from large issuers such as New York, Illinois, and major transportation and utility authorities, reflecting broad exposure to public finance infrastructure. Class C shares carry a higher ongoing expense ratio and a contingent deferred sales charge that declines to zero after one year, aligning with distribution features typical of this share class. The fund seeks to provide consistent, tax‑advantaged income while maintaining liquidity and moderating price volatility within the municipal bond market.
Performance
NMNCX had a total return of 0.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
Top 10 Holdings
20.23% of assets| Name | Symbol | Weight |
|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 12.01.2054 | 2.87% |
| NEW YORK N Y 5% | NY.NYC 5 10.01.2038 | 2.31% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.05% | CT.CTSMED 07.01.2036 | 2.27% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 05.01.2040 | 2.03% |
| ILLINOIS ST 5% | IL.ILS 5 11.01.2027 | 2.03% |
| COOK CNTY ILL SALES TAX REV 5% | IL.COOGEN 5 11.15.2031 | 1.99% |
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5% | PA.PASTRN 5 12.01.2046 | 1.86% |
| DELAWARE ST 5% | DE.DES 5 05.01.2028 | 1.74% |
| VIRGINIA ST PUB SCH AUTH SPL OBLIG PRINCE WILLIAM CNTY 5% | VA.VASSCD 5 10.01.2035 | 1.70% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE.CENPWR 05.01.2054 | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.01671 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01682 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01801 | Jun 30, 2025 |
| May 30, 2025 | $0.01706 | May 30, 2025 |
| Apr 30, 2025 | $0.01796 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01663 | Mar 31, 2025 |