Neuberger Berman Muni Interm Bd Inv (NMUIX)
| Fund Assets | 187.21M |
| Expense Ratio | 0.45% |
| Min. Investment | $2,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.80% |
| Dividend Growth | 6.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.06 |
| YTD Return | 2.04% |
| 1-Year Return | 1.87% |
| 5-Year Return | 2.13% |
| 52-Week Low | 10.60 |
| 52-Week High | 11.16 |
| Beta (5Y) | 0.22 |
| Holdings | 216 |
| Inception Date | Jul 9, 1987 |
About NMUIX
The Neuberger Berman Municipal Intermediate Bond Fund Investor Class is an open-end mutual fund specializing in municipal bonds issued by various U.S. state and local governments. Its primary objective is to provide high current income exempt from federal income tax while maintaining low principal risk and liquidity, making it a key tool for tax-sensitive investors seeking moderate risk exposure. The fund targets municipal securities with intermediate durations, typically 4 to 6 years, balancing interest rate sensitivity and return potential. Portfolio management emphasizes fundamental credit research and maintains a high-quality bias, supported by experienced professionals. The fund integrates environmental, social, and governance considerations into its credit analysis, reflecting a comprehensive approach to risk. Its assets span diverse municipal sectors, supporting public infrastructure projects across the nation. With a competitive expense ratio and a cost structure notably below many peers, the fund plays a significant role in the municipal bond market, serving individuals and institutions looking for federally tax-exempt income through diversified, actively managed fixed-income exposure.
Performance
NMUIX had a total return of 1.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.
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 | $0.02569 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02577 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02666 | Jun 30, 2025 |
| May 30, 2025 | $0.02598 | May 30, 2025 |
| Apr 30, 2025 | $0.02658 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02566 | Mar 31, 2025 |