NIMAX : Neuberger Berman Municipal Impact Fund Class A Shares

NIMAX is a Bond Market Municipal Bond with HIGH fees.

NIMAX

Neuberger Berman Municipal Impact Fund Class A Shares

FI Score

29 /100

Expense Ratio Rating

4 /10

Expense Rating

2 /10

Market Score

1 /10

Category Score

8 /10

Market Size

1 /10

29% FI Score
  • nimax
  • Mutual Fund
  • Bond
  • Municipal Bond

Neuberger Berman Municipal Impact Fund Class A Shares

Expenses: 0.81% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income exempt from federal income tax by investing in municipal securities that fund projects that support positive social and environmental outcomes with a bias to underserved communities; total return is a secondary goal. The fund normally invests at least 80% of its net assets in securities of municipal issuers that provide interest income that is exempt from federal income tax and other investments that provide investment exposure to such securities; however, the fund may invest without limit in municipal securities the interest on which may be an item of tax preference for purposes of the federal alternative minimum tax.

Largest Holdings

Amount Holding
4.33% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.16%
2.53% MIAMI-DADE CNTY FLA 5%
2.43% UNIVERSITY CALIF REVS 0.12%
2.17% WESLACO TEX 5%
2.10% TRENTON MICH PUB SCHS SCH DIST 5%
2.09% LOGAN/TODD REGL WTR COMMN KY REV 5%
2.06% WEST VIRGINIA ST WTR DEV AUTH WTR DEV REV 5%
2.03% YSLETA TEX INDPT SCH DIST 5%
2.01% METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5%
1.98% WEST RANKIN MISS UTIL AUTH REV 5%
1.94% DEARBORN MICH 4%
1.91% PHILADELPHIA PA AUTH FOR INDL DEV CITY SVC AGREEMENT REV 5%
1.91% BI-STATE DEV AGY MO ILL MET DIST MASS TRAN SALES TAX 4%
1.91% COOK CNTY ILL CMNTY CONS SCH DIST NO 021 WHEELING 4%
1.85% ANDERSON IND SCH BLDG CORP 5%
1.83% PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV 2.85%
1.83% MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 2.9%
1.80% EL PASO TEX WTR & SWR REV 5%
1.75% DELAWARE CNTY OKLA EDL FACS AUTH EDL FACS LEASE REV 5%
1.74% GRAND CNTY UTAH SCH DIST LOC BLDG AUTH LEASE REV 5%
1.73% NEW YORK ST HSG FIN AGY REV 1.45%
1.67% LOUISIANA PUB FACS AUTH REV 5%
1.67% ANDERSON IND SCH BLDG CORP 5%
1.64% LAREDO TEX INDPT SCH DIST 5%
1.63% TRENTON MICH PUB SCHS SCH DIST 5%

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