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Trending ETFs

Neuberger Berman New York Municipal Fund Inc

mutual fund
XNBOX
Payout Change
None
Price as of:
$10.49 +0.03 +0.29%
primary theme
Municipal Bond
share class
(XNBOX) Primary
XNBOX (Mutual Fund)

Neuberger Berman New York Municipal Fund Inc

Payout Change
None
Price as of:
$10.49 +0.03 +0.29%
primary theme
Municipal Bond
share class
(XNBOX) Primary
XNBOX (Mutual Fund)

Neuberger Berman New York Municipal Fund Inc

Payout Change
None
Price as of:
$10.49 +0.03 +0.29%
primary theme
Municipal Bond
share class
(XNBOX) Primary

Name

As of 09/29/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Neuberger Berman New York Municipal Fund Inc

XNBOX | Fund

$10.49

$61.5 M

0.00%

1.94%

Vitals

YTD Return

-4.4%

1 yr return

-0.6%

3 Yr Avg Return

-8.6%

5 Yr Avg Return

-4.4%

Net Assets

$61.5 M

Holdings in Top 10

27.9%

52 WEEK LOW AND HIGH

$10.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.94%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 09/29/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Neuberger Berman New York Municipal Fund Inc

XNBOX | Fund

$10.49

$61.5 M

0.00%

1.94%

XNBOX - Profile

Distributions

  • YTD Total Return -4.4%
  • 3 Yr Annualized Total Return -8.6%
  • 5 Yr Annualized Total Return -4.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Neuberger Berman New York Municipal Fund Inc
  • Fund Family Name
    Neuberger Berman
  • Inception Date
    Oct 22, 2002
  • Shares Outstanding
    5077417
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Iselin

Fund Description

XNBOX - Performance

Return Ranking - Trailing

Period XNBOX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -60.4% 26.2% 95.38%
1 Yr -0.6% -14.1% 8.5% 95.31%
3 Yr -8.6%* -9.3% 50.1% 96.47%
5 Yr -4.4%* -4.5% 28.8% 98.40%
10 Yr -0.1%* -1.7% 14.1% 99.82%

* Annualized

Return Ranking - Calendar

Period XNBOX Return Category Return Low Category Return High Rank in Category (%)
2022 -22.4% -76.8% 4.7% 98.59%
2021 -0.4% -69.5% 9.0% 43.02%
2020 1.1% -66.1% 310.0% 79.47%
2019 4.2% -57.4% 26.0% 35.15%
2018 -3.9% -30.0% 11.0% 95.03%

Total Return Ranking - Trailing

Period XNBOX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -60.4% 26.2% 95.38%
1 Yr -0.6% -14.6% 11.3% 95.31%
3 Yr -8.6%* -5.8% 6071.3% 96.47%
5 Yr -4.4%* -1.6% 1098.8% 98.40%
10 Yr -0.1%* -0.4% 247.4% 99.82%

* Annualized

Total Return Ranking - Calendar

Period XNBOX Return Category Return Low Category Return High Rank in Category (%)
2022 -22.4% -76.8% 4.7% 98.78%
2021 -0.4% -69.5% 23761504.0% 93.09%
2020 1.1% -66.1% 34671.4% 96.16%
2019 5.9% -57.4% 3514.6% 66.89%
2018 -0.4% -30.0% 15.0% 90.94%

NAV & Total Return History

XNBOX - Holdings

Concentration Analysis

XNBOX Category Low Category High XNBOX % Rank
Net Assets 61.5 M 423 K 437 B 91.36%
Number of Holdings 122 1 14000 78.95%
Net Assets in Top 10 30.3 M -317 M 8.64 B 77.38%
Weighting of Top 10 27.85% 2.4% 101.7% 14.50%

Top 10 Holdings

  1. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 4.70%
  2. NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 5.125% 3.85%
  3. TSASC INC N Y 5% 2.92%
  4. UTILITY DEBT SECURITIZATION AUTH N Y 5% 2.90%
  5. CORONA-NORCO CALIF UNI SCH DIST 0% 2.72%
  6. ANDREW W MELLON FNDTN N Y 0.19% 2.69%
  7. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% 2.61%
  8. NEW YORK ST MTG AGY HOMEOWNER MTG REV 0.02% 2.27%
  9. NEW YORK N Y CITY INDL DEV AGY REV 3% 2.18%
  10. LIBERTY N Y DEV CORP REV 5.25% 2.17%

Asset Allocation

Weighting Return Low Return High XNBOX % Rank
Bonds 		98.98% 65.51% 150.86% 41.56%
Cash 		1.02% -50.86% 33.96% 56.65%
Stocks 		0.00% -0.03% 4.63% 8.50%
Preferred Stocks 		0.00% -0.52% 0.04% 2.02%
Other 		0.00% -13.03% 30.01% 15.25%
Convertible Bonds 		0.00% 0.00% 0.93% 2.15%

Bond Sector Breakdown

Weighting Return Low Return High XNBOX % Rank
Municipal 		98.98% 44.39% 100.00% 40.76%
Cash & Equivalents 		1.02% 0.00% 33.95% 31.00%
Derivative 		0.00% 0.00% 3.41% 11.03%
Securitized 		0.00% 0.00% 5.93% 3.92%
Corporate 		0.00% 0.00% 9.41% 21.58%
Government 		0.00% 0.00% 52.02% 9.68%

Bond Geographic Breakdown

Weighting Return Low Return High XNBOX % Rank
US 		92.10% 37.86% 142.23% 92.31%
Non US 		6.88% 0.00% 62.14% 0.76%

XNBOX - Expenses

Operational Fees

XNBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.94% 0.02% 6.50% 2.91%
Management Fee 0.25% 0.00% 1.10% 9.76%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.30% 0.01% 0.44% 96.23%

Sales Fees

XNBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

XNBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XNBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 283.00% 41.83%

XNBOX - Distributions

Dividend Yield Analysis

XNBOX Category Low Category High XNBOX % Rank
Dividend Yield 0.00% 0.00% 4.53% 94.65%

Dividend Distribution Analysis

XNBOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XNBOX Category Low Category High XNBOX % Rank
Net Income Ratio 3.68% -0.53% 5.33% 4.21%

Capital Gain Distribution Analysis

XNBOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Distributions History

View More +

XNBOX - Fund Manager Analysis

Managers

James Iselin

Start Date

Tenure

Tenure Rank

Feb 01, 2007

15.34

15.3%

Managing Director, joined the firm in 2006. Jamie is the Head of the Municipal Fixed Income Team and a Senior Portfolio Manager. Additionally, he co-manages the Neuberger Berman New York, California and Municipal Fund Inc. closed-end bond funds as well as the Neuberger Berman Municipal Intermediate Bond Fund, the Neuberger Berman Municipal Impact Fund and the Neuberger Berman Municipal High Income Fund. Prior to joining the firm, he was a managing director and senior portfolio manager with Robeco Weiss, Peck & Greer in the Municipal Fixed Income group, where he worked since 1993. Jamie holds a BA in Philosophy from Denison University

Stephen Miller

Start Date

Tenure

Tenure Rank

Mar 01, 2010

12.26

12.3%

S. Blake Miller, CFA, Managing Director, joined the firm in 2008. Blake is a Senior Portfolio Manager for the Municipal Fixed Income team. Additionally, he co-manages the Neuberger Berman New York, California and Municipal Fund Inc. closed-end bond funds as well as the Neuberger Berman Municipal Intermediate Bond Fund, the Neuberger Berman Municipal Impact Fund and the Neuberger Berman Municipal High Income Fund. Prior to this, he was the head of Municipal Securities at Weiss, Peck & Greer, where he worked since 1986 and was responsible for all aspects of municipal fixed income investing, including portfolio management, investment strategy, and trading. Blake holds a BS degree from the McIntire School of Commerce, the University of Virginia. He has been awarded the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.28 1.58

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