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Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) Equity-to-Asset : 0.60 (As of Apr. 2023)


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What is Neuberger Berman CA Muni Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Neuberger Berman CA Muni Fund's Total Stockholders Equity for the quarter that ended in Apr. 2023 was $70.70 Mil. Neuberger Berman CA Muni Fund's Total Assets for the quarter that ended in Apr. 2023 was $117.33 Mil. Therefore, Neuberger Berman CA Muni Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2023 was 0.60.

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

NBW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.59   Max: 0.61
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Neuberger Berman CA Muni Fund was 0.61. The lowest was 0.55. And the median was 0.59.

NBW's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs NBW: 0.60

Neuberger Berman CA Muni Fund Equity-to-Asset Historical Data

The historical data trend for Neuberger Berman CA Muni 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.

* Premium members only.

Neuberger Berman CA Muni Fund Equity-to-Asset Chart

Neuberger Berman CA Muni Fund Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.60 0.60 0.61 0.55

Neuberger Berman CA Muni Fund Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 0.61 0.61 0.57 0.55 0.60

Competitive Comparison of Neuberger Berman CA Muni Fund's Equity-to-Asset

For the Asset Management subindustry, Neuberger Berman CA Muni 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 CA Muni Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Neuberger Berman CA Muni 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 CA Muni Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Equity to Asset (A: Oct. 2022 )=Total Stockholders Equity/Total Assets
=64.995/117.283
=0.55

Neuberger Berman CA Muni Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

Equity to Asset (Q: Apr. 2023 )=Total Stockholders Equity/Total Assets
=70.697/117.329
=0.60

* 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 CA Muni Fund  (AMEX:NBW) 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 CA Muni Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Neuberger Berman CA Muni Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman CA Muni Fund Inc. is a closed-end management investment company that invests in municipal securities. Its objective is to provide common stockholders with a high level of current income exempt from federal income tax.
Executives
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Bradley Tank other: CEO of Affil. of Inv. Mgr. C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180

Neuberger Berman CA Muni Fund (Neuberger Berman CA Muni Fund) Headlines

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