NBH (Neuberger Berman Municipal Fund) Equity-to-Asset: 0.59 (As of Apr. 2026) — Near Median

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NBH Neuberger Berman Municipal Fund Inc NBH
37 GF Score
Price $10.03
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What is Neuberger Berman Municipal Fund Equity-to-Asset?

Neuberger Berman Municipal Fund NBH -0.20% 37 Equity-to-Asset is 0.59 as of Apr. 2026, which is 2% below its 10-year median of 0.60. GuruFocus rates NBH with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 1,618 Asset Management companies, Neuberger Berman Municipal Fund ranks worse than 75.28% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Neuberger Berman Municipal Fund's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $332.48 Mil. Neuberger Berman Municipal Fund's Total Assets for the quarter that ended in Apr. 2026 was $564.65 Mil. Therefore, Neuberger Berman Municipal Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.59.

The historical rank and industry rank for Neuberger Berman Municipal Fund's Equity-to-Asset or its related term are showing as below:

NBH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.6   Max: 0.63
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Neuberger Berman Municipal Fund was 0.63. The lowest was 0.55. And the median was 0.60.

NBH's Equity-to-Asset is ranked worse than
75.28% of 1618 companies
in the Asset Management industry
Industry Median: 0.83 vs NBH: 0.59

Neuberger Berman Municipal Fund  (AMEX:NBH) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Neuberger Berman Municipal Fund Equity-to-Asset Related Terms


Neuberger Berman Municipal Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Municipal Fund's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Neuberger Berman Municipal Fund Equity-to-Asset Chart

Neuberger Berman Municipal Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.55 0.57 0.60 0.59

Neuberger Berman Municipal Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.60 0.58 0.59 0.59

NBH vs RIV, RFI, NCA: Equity-to-Asset Comparison

For the Asset Management subindustry, Neuberger Berman Municipal Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neuberger Berman Municipal Fund Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Municipal Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Municipal Fund's Equity-to-Asset falls into.


NBH
37GF Score
Neuberger Berman Municipal Fund Inc NBH
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Neuberger Berman Municipal Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Neuberger Berman Municipal Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Equity to Asset (A: Oct. 2025 )=Total Stockholders Equity/Total Assets
=337.829/569.514
=0.59

Neuberger Berman Municipal Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=332.477/564.65
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.59 mean?
Neuberger Berman Municipal Fund (NBH) has a Equity-to-Asset of 0.59 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Neuberger Berman Municipal Fund and its competitors. This is near median its historical median of 0.60. Over the past decade, Neuberger Berman Municipal Fund's Equity-to-Asset has ranged from 0.55 to 0.63. According to the industry distribution chart, Neuberger Berman Municipal Fund ranks #1218 out of 1618 companies in the Asset Management industry, placing it in the top 75.3%.
Is Neuberger Berman Municipal Fund's Equity-to-Asset too high?
Neuberger Berman Municipal Fund's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.63. The Asset Management industry median Equity-to-Asset is 0.83. Neuberger Berman Municipal Fund's value of 0.59 is 28.9% below this industry median. Based on the distribution chart, Neuberger Berman Municipal Fund ranks #1218 out of 1618 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Berman Municipal Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Municipal Fund's Equity-to-Asset compare to RIV and RFI?
According to the Asset Management industry distribution chart, Neuberger Berman Municipal Fund ranks #1218 out of 1618 companies for Equity-to-Asset. This places Neuberger Berman Municipal Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Neuberger Berman Municipal Fund's value of 0.59 is 28.9% below this benchmark. Historically, Neuberger Berman Municipal Fund's own Equity-to-Asset has ranged from 0.55 to 0.63 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.83, Neuberger Berman Municipal Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neuberger Berman Municipal Fund's current Equity-to-Asset of 0.59 is 28.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Neuberger Berman Municipal Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Municipal Fund's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Municipal Fund stock overvalued right now?
Neuberger Berman Municipal Fund (NBH) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.60 and 28.9% below the Asset Management industry median of 0.83. Neuberger Berman Municipal Fund's overall GF Score™ is 37/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Neuberger Berman Municipal Fund (NBH), the current Equity-to-Asset is 0.59 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Neuberger Berman Municipal Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Municipal Fund Inc is a closed-end management investment company that invests mainly in municipal securities. The company aims to provide common stockholders a high level of current income exempt from Federal income tax.
37GF Score

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