Neuberger Municipal Intermediate Bond Fund I Class (NMNLX)

Fund Assets	321.07M
Expense Ratio	0.30%
Min. Investment	$1,000,000
Turnover	83.00%
Dividend (ttm)	0.36
Dividend Yield	3.36%
Dividend Growth	9.19%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.60
YTD Return	-2.23%
1-Year Return	-1.05%
5-Year Return	0.93%
52-Week Low	10.48
52-Week High	11.25
Beta (5Y)	0.06
Holdings	395
Inception Date	Jun 21, 2010

About NMNLX

Neuberger Berman Municipal Intermediate Bond Fund Institutional Class is a mutual fund designed to provide investors with high current income that is exempt from federal income tax, targeting capital preservation as a primary goal. The fund primarily invests in intermediate-term municipal bonds issued by state and local governments to finance public projects such as schools, highways, and infrastructure. Its portfolio is diversified across numerous states and municipal sectors, with securities typically having durations between 4.0 and 6.0 years or average maturities of five to twelve years. The management emphasizes a conservative approach with a high-quality credit bias, while environmental, social, and governance (ESG) considerations are integrated into its fundamental credit analysis. The fund is managed by a veteran team with decades of experience in municipal markets, aiming for stability and risk mitigation. This strategy makes the fund significant for institutional investors seeking tax-efficient income and moderate risk in the broader fixed income landscape, as municipal bonds generally feature lower default rates and offer diversification benefits relative to corporate debt and equities.

• Fund Family: Neuberger Berman
• 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 -1.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.30%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NMUIX	Investor Class	0.45%
NMNAX	Class A	0.67%
NMNCX	Class C	1.42%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03276	Sep 30, 2026
Aug 31, 2026	$0.0316	Aug 31, 2026
Jul 31, 2026	$0.03179	Jul 31, 2026
Jun 30, 2026	$0.03266	Jun 30, 2026
May 29, 2026	$0.0299	May 29, 2026
Apr 30, 2026	$0.02994	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 5, 2026

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