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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Scaled Net Operating Assets : 0.59 (As of Apr. 2023)


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What is NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's operating assets for the quarter that ended in Apr. 2023 was $94.09 Mil. NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's operating liabilities for the quarter that ended in Apr. 2023 was $38.15 Mil. NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Total Assets for the quarter that ended in Oct. 2022 was $95.34 Mil. Therefore, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2023 was 0.59.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2022 )
=(Operating Assets (A: Oct. 2022 )-Operating Liabilities (A: Oct. 2022 ))/Total Assets (A: Oct. 2021 )
=(93.345-42.975)/118.496
=0.43

where

Operating Assets(A: Oct. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=95.337 - 1.992
=93.345

Operating Liabilities(A: Oct. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.975 - 0 - 0
=42.975

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2023 )
=(Operating Assets (Q: Apr. 2023 )-Operating Liabilities (Q: Apr. 2023 ))/Total Assets (Q: Oct. 2022 )
=(94.092-38.149)/95.337
=0.59

where

Operating Assets(Q: Apr. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=95.144 - 1.052
=94.092

Operating Liabilities(Q: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38.149 - 0 - 0
=38.149

* 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.

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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. (AMEX:NBO) » Definitions » Scaled Net Operating Assets
Comparable Companies
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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
Website
https://www.nb.com
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. is a non-diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 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
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James Iselin other: Portfolio Manager C/O NEUBERGER BERMAN, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Faith Colish other: Retired Director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
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
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