NBH (Neuberger Berman Municipal Fund) Net Margin %: 74.56% (As of Oct. 2025) — 17% Above Median


NBH Neuberger Berman Municipal Fund Inc NBH
58 GF Score
Price $10.44
GF Value $12.91
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Neuberger Berman Municipal Fund Net Margin %?

Neuberger Berman Municipal Fund NBH -0.10% 58 Net Margin % is 74.56% as of Oct. 2025, which is 17% above its 10-year median of 63.53. GuruFocus rates NBH with a GF Score™ of 58/100 and a GF Value™ of $12.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Neuberger Berman Municipal Fund ranks worse than 68.27% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Neuberger Berman Municipal Fund's Net Income for the six months ended in Oct. 2025 was $16.35 Mil. Neuberger Berman Municipal Fund's Revenue for the six months ended in Oct. 2025 was $21.93 Mil. Therefore, Neuberger Berman Municipal Fund's net margin for the quarter that ended in Oct. 2025 was 74.56%.

The historical rank and industry rank for Neuberger Berman Municipal Fund's Net Margin % or its related term are showing as below:

NBH' s Net Margin % Range Over the Past 10 Years
Min: -136.29   Med: 63.53   Max: 108.31
Current: 29.29


NBH's Net Margin % is ranked worse than
68.27% of 1576 companies
in the Asset Management industry
Industry Median: 84.895 vs NBH: 29.29

Neuberger Berman Municipal Fund  (AMEX:NBH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Neuberger Berman Municipal Fund Net Margin % Related Terms


Neuberger Berman Municipal Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Municipal Fund's Net Margin % 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 Net Margin % Chart

Neuberger Berman Municipal Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.94 108.31 21.40 79.97 29.29

Neuberger Berman Municipal Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Net Margin % 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 126.44 86.19 65.22 209.11 74.56

NBH vs NCA, FUND, ARDC: Net Margin % Comparison

For the Asset Management subindustry, Neuberger Berman Municipal Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Municipal Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Municipal Fund's Net Margin % falls into.


NBH
58GF Score
Neuberger Berman Municipal Fund Inc NBH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neuberger Berman Municipal Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Neuberger Berman Municipal Fund's Net Margin for the fiscal year that ended in Oct. 2025 is calculated as

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=4.805/16.406
=29.29 %

Neuberger Berman Municipal Fund's Net Margin for the quarter that ended in Oct. 2025 is calculated as

Net Margin=Net Income (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=16.348/21.926
=74.56 %

* 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 Net Margin % →
What does a Net Margin % of 74.56% mean?
Neuberger Berman Municipal Fund (NBH) has a Net Margin % of 74.56% as of Oct. 2025. Net margin is the ratio of total net income to net sales. View historical data on Neuberger Berman Municipal Fund and its competitors. This is 17% above median its historical median of 63.53. According to the industry distribution chart, Neuberger Berman Municipal Fund ranks #1076 out of 1576 companies in the Asset Management industry, placing it in the top 68.3%.
Is Neuberger Berman Municipal Fund's Net Margin % too high?
Neuberger Berman Municipal Fund's current Net Margin % of 74.56% is 17% above median its 10-year median of 63.53. The Asset Management industry median Net Margin % is 84.90. Neuberger Berman Municipal Fund's value of 74.56% is 12.2% below this industry median. Based on the distribution chart, Neuberger Berman Municipal Fund ranks #1076 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Neuberger Berman Municipal Fund has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Municipal Fund's Net Margin % compare to NCA and FUND?
According to the Asset Management industry distribution chart, Neuberger Berman Municipal Fund ranks #1076 out of 1576 companies for Net Margin %. This places Neuberger Berman Municipal Fund in the lower half of its industry. The industry median Net Margin % is 84.90. Neuberger Berman Municipal Fund's value of 74.56% is 12.2% below this benchmark. While the company's 10-year median is 63.53 vs. the industry median of 84.90, 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neuberger Berman Municipal Fund's current Net Margin % of 74.56% is 12.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Neuberger Berman Municipal Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Municipal Fund's current Net Margin % is 74.56%, which is 17% above median its own 10-year median of 63.53. 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?
Based on GuruFocus' analysis, Neuberger Berman Municipal Fund (NBH) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.91, compared to a current price of $10.44 — trading 19.1% below its estimated fair value. The current Net Margin % is 74.56%, which is 17% above median its 10-year median of 63.53 and 12.2% below the Asset Management industry median of 84.90. Neuberger Berman Municipal Fund's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Neuberger Berman Municipal Fund (NBH), the current Net Margin % is 74.56% as of Oct. 2025. 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.

Is Neuberger Berman Municipal Fund (NBH) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Municipal Fund stock appears to be undervalued. The current stock price of $10.44 is trading 19.1% below its estimated GF Value™ of $12.91. GuruFocus considers Neuberger Berman Municipal Fund to be Modestly Undervalued.

Key valuation signals for NBH:

  • Net Margin %: 74.56% (17% above median its 10-year median of 63.53)
  • GF Value™: $12.91 vs. price of $10.44 (19.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 12.2% below the Asset Management median (#1076 of 1576)

No single metric tells the full story. See the NBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
58GF Score

Get the complete analysis for NBH

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.44
Price
$12.91
GF Value