NIMAX — Neuberger Berman Municipal Impact Fund
Data updated: 2026-06-26
NIMAX — Neuberger Berman Municipal Impact Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $77.81M AUM · 0.80% expense ratio · 4.6% 1-yr return. From SEC regulatory filings.
NIMAX Fund Overview
NIMAX — Neuberger Berman Municipal Impact Fund is a US mutual fund managed by Neuberger Berman Income Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Neuberger Berman Income Funds
- Category: Long Municipal - National Bond
- Assets under management: $77.81M
- 1-year return: 4.6%
- Ticker: NIMAX
- SEC CIK: 0000723620
- SEC series ID: S000039521
- Share class ID: C000201844
NIMAX Holdings
Top 10 holdings of Neuberger Berman Municipal Impact Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Redevelopment Authority of the City of Philadelphia | 2.08% |
| Main Street Natural Gas Inc | 1.96% |
| Philadelphia Authority for Industrial Development | 1.76% |
| City of Gadsden AL | 1.74% |
| County of Miami-Dade FL Water & Sewer System Revenue | 1.72% |
| New York City Municipal Water Finance Authority | 1.68% |
| Texas Water Development Board | 1.65% |
| New York City Municipal Water Finance Authority | 1.46% |
| Dallas Independent School District | 1.46% |
| Anna Independent School District | 1.43% |
NIMAX Portfolio Allocation
Asset-class allocation of Neuberger Berman Municipal Impact Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.1% |
NIMAX Performance
Total returns for NIMAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 4.6% |
| 3 years (annualised) | 2.5% |
| 5 years (annualised) | 0.1% |
NIMAX Risk Information
Risk metrics for NIMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.6%
NIMAX Costs and Fees
NIMAX costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 2.14%
- Portfolio turnover: 48%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
NIMAX Cashflows
Over the 12 months to 2026-04, Neuberger Berman Municipal Impact Fund had net inflows of $1.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$464.44K |
| 2026-03 | −$503.94K |
| 2026-02 | −$146.79K |
| 2026-01 | −$480.51K |
| 2025-12 | $666.12K |
| 2025-11 | −$575.40K |
NIMAX Debt Constituents
Largest debt holdings of Neuberger Berman Municipal Impact Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Redevelopment Authority of the City of Philadelphia | 2.08% |
| Main Street Natural Gas Inc | 1.96% |
| Philadelphia Authority for Industrial Development | 1.76% |
| City of Gadsden AL | 1.74% |
| County of Miami-Dade FL Water & Sewer System Revenue | 1.72% |
| New York City Municipal Water Finance Authority | 1.68% |
| Texas Water Development Board | 1.65% |
| New York City Municipal Water Finance Authority | 1.46% |
| Dallas Independent School District | 1.46% |
| Anna Independent School District | 1.43% |
NIMAX Prospectus and SEC Filings
Official Neuberger Berman Municipal Impact Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.