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Neuberger Berman Municipal Impact Instl NMIIX

Analyst rating as of
NAV / 1-Day Return
17.69  /  0.28 %
Total Assets
62.9 Mil
Adj. Expense Ratio
0.440%
Expense Ratio
0.440%
Fee Level
Below Average
Longest Manager Tenure
7.96 years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
1.75%
Effective Duration
5.10 years
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Morningstar’s Analysis

Will NMIIX outperform in future?

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

There are some things to like here, but this is still a new and niche offering.

Summary

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Neuberger Berman Municipal Impact sports a deep and experienced team, but it has yet to be tested over a longer period. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive share class is rated Negative.

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