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Morningstar

Neuberger Berman Municipal Impact C NIMCX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 16.11  /  +0.08 %
  • Total Assets 75.1 Mil
  • Adj. Expense Ratio
    1.550%
  • Expense Ratio 1.550%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.20%
  • Effective Duration 4.97 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis NIMCX

Will NIMCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NIMCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NIMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NIMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sensible ESG-focused muni offering.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Average Process and People ratings. The following text is from Oct. 14, 2022. An experienced cohort of portfolio managers and credit analysts guide this conservatively positioned municipal bond strategy that is still carving out a space within its impact niche.

by Max Curtin
Rated on Published on

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Portfolio Holdings NIMCX

More NIMCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y 3.95%

2.63 2.0 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 4%

2.12 1.6 Mil
municipal

UNIVERSITY COLO ENTERPRISE SYS REV 2%

1.88 1.4 Mil
municipal

VIRGINIA ST HSG DEV AUTH 2.9%

1.73 1.3 Mil
municipal

SALES TAX SECURITIZATION CORP ILL 4%

1.68 1.3 Mil
municipal

MIAMI-DADE CNTY FLA 5%

1.68 1.3 Mil
municipal

DILLON CNTY S C SCH FACS CORP CTFS PARTN 5%

1.61 1.2 Mil
municipal

LOUISIANA PUB FACS AUTH REV 5%

1.61 1.2 Mil
Cash and Equivalents

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

1.50 1.1 Mil
municipal

DISCOVERY CLEAN WTR ALLIANCE WASH SWR REV 5%

1.49 1.1 Mil
municipal