Neuberger Berman Municipal Intermediate Bond Fund I Class (NMNLX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.80
+0.01 (0.09%)
May 6, 2025, 4:00 PM EDT
-0.74% (1Y)
| Fund Assets | 187.36M |
| Expense Ratio | 0.30% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.98% |
| Dividend Growth | 8.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 10.79 |
| YTD Return | -0.22% |
| 1-Year Return | 2.69% |
| 5-Year Return | 5.46% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 224 |
| Inception Date | Jun 21, 2010 |
About NMNLX
The Fund's investment strategy focuses on Intmdt Muni Debt with 0.3% total expense ratio. The minimum amount to invest in Neuberger Berman Income Funds: Neuberger Berman Municipal Intermediate Bond Fund; Institutional Class is $1,000,000 on a standard taxable account. Neuberger Berman Income Funds: Neuberger Berman Municipal Intermediate Bond Fund; Institutional Class seeks high current tax-exempt income with low risk to principal, limited price fluctuation, and liquidity; a secondary objective is total return by investing primarily in municipal securities rated investment grade or better.
Fund Family Neuberger Berman Fds
Category Muni National Interm
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NMNLX
Share Class Institutional Class
Index Bloomberg Municipal Bond 7 Y GO TR
Performance
NMNLX had a total return of 2.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.29%.
Top 10 Holdings
18.35% of assets| Name | Symbol | Weight |
|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA MAIUTL 12.01.2054 | 2.82% |
| COOK CNTY ILL SALES TAX REV 5% | IL COOGEN 5 11.15.2031 | 2.50% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY NYCGEN 5 05.01.2040 | 2.00% |
| ILLINOIS ST 5% | IL ILS 5 11.01.2027 | 1.98% |
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5% | PA PASTRN 5 12.01.2046 | 1.90% |
| DELAWARE ST 5% | DE DES 5 05.01.2028 | 1.70% |
| WASHINGTON ST 5% | WA WAS 5 02.01.2046 | 1.39% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE CENPWR 05.01.2054 | 1.39% |
| KILLEEN TEX INDPT SCH DIST 5% | TX KLLSCD 5 02.15.2037 | 1.37% |
| MASSACHUSETTS ST 5% | MA MAS 5 01.01.2035 | 1.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.02788 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02704 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02751 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02609 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0269 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02685 | Nov 29, 2024 |