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Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund Ranking and Research

Ranking, Research and Recommendation of Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) ManagerFund Manager - James L. Iselin

Fund Manager Information

Fund Manager Tenure: 12.9 years
Similar Funds: NMNAX  NMNCX 
Fund Family: Neuberger Berman
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)

 

Graph of Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) ProfileNeuberger Berman Muni Interm Bd Inst Fund (NMNLX) Profile

Fund Profile and Description

Neuberger Berman Muni Interm Bd Inst Fund seeks high current income exempt from federal income tax that is consistent with low risk to principal and liquidity; total return is a secondary goal. Neuberger Berman Muni Interm Bd Inst Fund normally invests at least 80% of assets in securities of municipal issuers around the country. All securities in which it invests must be investment-grade. Although it may invest in securities of any maturity, the fund normally seeks to maintain an average portfolio duration of between 3-7 years.

 

Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund Strength What we like about Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

Data for Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) as of May 30, 2016

  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) management has been with Neuberger Berman Muni Interm Bd Inst Fund for 12.9 years
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has good mid-term performance (3-year return 3.29% vs 3.10% Muni National Interm category median performance)
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) ratio of up-years vs down years is greater than 2
  • Asset base in Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has an annual stock turnover rate of 22.00% vs Muni National Interm average of 22.40%. It is good that Neuberger Berman Muni Interm Bd Inst management does not trade extensively for its return.
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.15, lower than category average of 3.29
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has a lower expense ratio than its Muni National Interm average: 0.50% vs 0.80%
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) Weakness What we are cautious about Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

Data for Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) as of May 30, 2016

  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has a less-than-ideal short-term performance (1-year return 4.59% vs 4.71% Muni National Interm category median performance)
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has a less-than-ideal Long-term performance (5-year return 4.10% vs 4.14% Muni National Interm category median performance)
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) has a Morningstar rating of 3 and below
  • Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) is less safe compared to its Muni National Interm peers
See Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) performance details as of May 30, 2016

 

What do you think?

 

Compare Neuberger Berman Muni Interm Bd Inst Fund (NMNLX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Neuberger Berman Muni Interm Bd Inst2.154.593.294.10
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Neuberger Berman Muni Interm Bd Inst Fund (NMNLX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) Net Asset TrackingNeuberger Berman Muni Interm Bd Inst (NMNLX) Fund Net Asset

Track net asset change of Neuberger Berman Muni Interm Bd Inst fund (NMNLX)

DateNet Asset
05/2016$186.19M
03/2016$169.57M
02/2016$167.11M
More historic net asset information on Neuberger Berman Muni Interm Bd Inst Fund (NMNLX)

  

Graph of Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) Portfolio TrackingNeuberger Berman Muni Interm Bd Inst (NMNLX) Fund Portfolio Allocation

Track portfolio allocation change of Neuberger Berman Muni Interm Bd Inst fund (NMNLX)

DateCashStockBondOther
04/20169.06%0%90.94%0%
01/20169.55%0%90.45%0%
12/20159.85%0%90.15%0%
Click here to see more historic asset allocation information on Neuberger Berman Muni Interm Bd Inst Fund (NMNLX)

 

graph of Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) Top 10 Position TrackingTop 10 Holdings in Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

Discover what Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) manager is buying

Apr 29, 2016
Rib Floater Tr Various Sts Ctfs [3.56%]
District Columbia Hosp Rev Ctfs [3.12%]
Alaska St Hsg Fin Corp St Cap Pr 5% [1.53%]
California St For Previous Iss Go Bds 5% [1.47%]
Pennsylvania St Tpk Commn Tpk Subordi 5% [1.47%]
Indiana St Fin Auth 1.95% [1.34%]
Miami-Dade Cnty Fla Go Ref Bd 4% [1.3%]
Virginia Comwlth Transn Brd Tr Trans 4% [1.3%]
California Statewide Cmntys De Ref 1.9% [1.25%]
Memphis Tenn Go Impt A 5% [1.22%]

Jan 30, 2016
Rib Floater Tr Various Sts Ctfs [3.63%]
District Columbia Hosp Rev Ctfs [2.57%]
Alaska St Hsg Fin Corp St Cap Pr 5% [1.57%]
California St For Previous Iss Go Bds 5% [1.49%]
Indiana St Fin Auth 1.95% [1.37%]
Virginia Comwlth Transn Brd Tr Trans 4% [1.32%]
Miami-Dade Cnty Fla Go Ref Bd 4% [1.31%]
California Statewide Cmntys De Ref 1.9% [1.28%]
Memphis Tenn Go Impt A 5% [1.26%]
Space Coast Infrasct Agy Rev Bds 4% [1.25%]

Dec 30, 2015
District Columbia Hosp Rev Ctfs [2.66%]
Alaska St Hsg Fin Corp St Cap Pr 5% [1.6%]
California St For Previous Iss Go Bds 5% [1.53%]
New York St Dorm Auth 5% [1.46%]
Indiana St Fin Auth 1.95% [1.41%]
Virginia Comwlth Transn Brd Tr Trans 4% [1.35%]
California Statewide Cmntys De Ref 1.9% [1.32%]
Miami-Dade Cnty Fla Go Ref Bd 4% [1.32%]
Space Coast Infrasct Agy Rev Bds 4% [1.29%]
South Carolina Edl Facs Auth 0.01% [1.28%]
Click here for Stock Holding Change Map in Neuberger Berman Muni Interm Bd Inst Fund (NMNLX)

  

Latest News on Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

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Neuberger Berman Muni Interm Bd Inst Fund (NMNLX) Related ResourcesSee more information on Neuberger Berman Muni Interm Bd Inst (NMNLX) Fund

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