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Neuberger Municipal Fund Inc.

NBH
Exchange
NYSE
SEC CIK
0001178839

No open-market purchases or sales by Neuberger Municipal Fund Inc. insiders were filed in the last 90 days; 77 institutions reported holding it in 13F filings for Q2 2026, worth $134.7M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Neuberger Municipal Fund Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
76
−1 vs. Q4 2024
Shares held
11.8M
+313.8K (+2.7%) vs. Q4 2024
Total value
$123.1M
+$4.01M (+3.4%) vs. Q4 2024
New holders
9
26 more added
Sold out
10
23 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NBH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 76 institutions
Q1 2021: 47 institutionsQ2 2021: 43 institutionsQ3 2021: 46 institutionsQ4 2021: 49 institutionsQ1 2022: 46 institutionsQ2 2022: 54 institutionsQ3 2022: 52 institutionsQ4 2022: 58 institutionsQ1 2023: 54 institutionsQ2 2023: 56 institutionsQ3 2023: 58 institutionsQ4 2023: 80 institutionsQ1 2024: 87 institutionsQ2 2024: 81 institutionsQ3 2024: 73 institutionsQ4 2024: 79 institutionsQ1 2025: 76 institutionsQ2 2025: 73 institutionsQ3 2025: 71 institutionsQ4 2025: 84 institutionsQ1 2026: 78 institutionsQ2 2026: 77 institutions
Value heldQ1 2025: $123.1M
Q1 2021: $49.6MQ2 2021: $47.5MQ3 2021: $47.0MQ4 2021: $46.0MQ1 2022: $39.6MQ2 2022: $34.8MQ3 2022: $35.3MQ4 2022: $39.7MQ1 2023: $39.2MQ2 2023: $40.3MQ3 2023: $40.1MQ4 2023: $101.5MQ1 2024: $109.0MQ2 2024: $115.7MQ3 2024: $120.3MQ4 2024: $119.5MQ1 2025: $123.1MQ2 2025: $118.9MQ3 2025: $124.3MQ4 2025: $130.7MQ1 2026: $129.2MQ2 2026: $134.7M
Institutions holding NBH and their total value by quarter
QuarterHoldersValue
Q2 202677$134.7M
Q1 202678$129.2M
Q4 202584$130.7M
Q3 202571$124.3M
Q2 202573$118.9M
Q1 202576$123.1M
Q4 202479$119.5M
Q3 202473$120.3M
Q2 202481$115.7M
Q1 202487$109.0M
Q4 202380$101.5M
Q3 202358$40.1M
Q2 202356$40.3M
Q1 202354$39.2M
Q4 202258$39.7M
Q3 202252$35.3M
Q2 202254$34.8M
Q1 202246$39.6M
Q4 202149$46.0M
Q3 202146$47.0M
Q2 202143$47.5M
Q1 202147$49.6M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Neuberger Municipal Fund Inc.; share changes are against Q4 2024.

Institutions holding NBH in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.1,833,134$19.1M0.52%−469,327−20.4%Reduced
Pathstone Holdings, LLC1,142,736$12.1M0.05%+600,367+110.7%Added
1607 Capital Partners, LLC1,153,319$12.0M0.97%+66,957+6.2%Added
Mackay Shields LLC941,392$9.79M0.31%+941,392New
Morgan Stanley881,808$9.17M0.00%+119,603+15.7%Added
Rivernorth Capital Management, LLC790,858$8.22M0.44%−75,200−8.7%Reduced
Sit Investment Associates Inc776,772$8.08M0.19%−502,737−39.3%Reduced
UBS Group AG414,924$4.32M0.00%−61,816−13.0%Reduced
Advisors Asset Management, Inc.359,593$3.74M0.07%+54,011+17.7%Added
Guggenheim Capital LLC232,161$2.41M0.02%+37,416+19.2%Added
Melfa Wealth Management, LLC223,178$2.32M1.57%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.221,829$2.31M0.10%−4,565−2.0%Reduced
Van Eck Associates Corp200,806$2.09M0.00%−47,032−19.0%Reduced
Cohen & Steers, Inc.181,982$1.89M0.00%00.0%Unchanged
Fiera Capital Corp177,591$1.85M0.01%−15,543−8.0%Reduced
Matisse Capital135,900$1.41M0.75%00.0%Unchanged
Wells Fargo & Company121,133$1.26M0.00%+654+0.5%Added
Envestnet Asset Management Inc117,356$1.22M0.00%+5,992+5.4%Added
Logan Stone Capital, LLC112,512$1.17M0.55%−52,233−31.7%Reduced
Bulldog Investors, LLP107,709$1.12M0.30%−169,108−61.1%Reduced
Park Avenue Securities LLC107,404$1.12M0.01%+3,882+3.7%Added
Raymond James Financial Inc97,226$1.01M0.00%−5,321−5.2%Reduced
Ackerman Capital Advisors, LLC89,576$931.6K0.25%+9,094+11.3%Added
Bank of America Corp84,992$883.9K0.00%−71,125−45.6%Reduced
Callahan Advisors, LLC74,205$771.7K0.07%+1,140+1.6%Added
Noble Wealth Management PBC66,125$687.7K0.47%+4,500+7.3%Added
Cura Wealth Advisors, LLC66,000$686.4K0.28%−19,054−22.4%Reduced
LPL Financial LLC60,086$624.9K0.00%+1,904+3.3%Added
HighTower Advisors, LLC53,870$560.2K0.00%−6,993−11.5%Reduced
Rothschild Investment LLC53,700$558.5K0.04%00.0%Unchanged
Blue Bell Private Wealth Management, LLC52,776$548.9K0.10%−2,605−4.7%Reduced
Robinson Capital Management, LLC48,266$502.0K0.20%+48,266New
Ameriprise Financial Inc42,604$443.1K0.00%−1,931−4.3%Reduced
Invesco Ltd.42,290$439.8K0.00%−37,832−47.2%Reduced
Atala Financial Inc42,030$437.1K0.33%+35,600+553.7%Added
Riverbridge Partners LLC41,701$433.7K0.01%+2,813+7.2%Added
Horizon Kinetics Asset Management LLC41,529$431.9K0.00%00.0%Unchanged
Evoke Wealth, LLC40,469$423.1K0.01%00.0%Unchanged
Plancorp, LLC40,009$416.1K0.02%+40,009New
Rockefeller Capital Management L.P.38,115$396.4K0.00%+588+1.6%Added
Bridgewater Advisors Inc.35,633$361.0K0.03%+35,633New
Nelson, Van Denburg & Campbell Wealth Management Group, LLC30,178$313.9K0.01%+10,050+49.9%Added
Commonwealth Equity Services, LLC29,467$306.0K0.00%+194+0.7%Added
Bank of New York Mellon Corp29,241$304.1K0.00%−10.0%Reduced
Warren Averett Asset Management, LLC28,198$293.3K0.00%+28,198New
Grant/GrossMendelsohn, LLC28,198$285.8K0.16%+3,000+11.9%Added
Royal Bank of Canada23,685$246.0K0.00%00.0%Unchanged
Integrated Capital Management, Inc.21,520$223.8K0.18%+2,135+11.0%Added
Nuveen, LLC20,845$216.8K0.00%+20,845New
Charter Trust Co19,865$206.6K0.01%00.0%Unchanged
Capital Market Strategies LLC19,739$205.3K0.14%+841+4.5%Added
Round Rock Advisors, LLC15,944$165.8K0.03%−2,000−11.1%Reduced
Catalina Capital Group, LLC15,703$163.3K0.11%00.0%Unchanged
Tyche Wealth Partners LLC14,816$154.1K0.03%−2,231−13.1%Reduced
Bank of Montreal14,514$150.9K0.00%+82+0.6%Added
Susquehanna International Group, LLP14,239$148.1K0.00%+2,815+24.6%Added
Cambridge Investment Research Advisors, Inc.13,646$142.0K0.00%+680+5.2%Added
Advisor Group Holdings, Inc.13,243$137.7K0.00%−2,133−13.9%Reduced
Alteri Wealth LLC13,062$135.8K0.06%+13,062New
Napa Wealth Management12,373$128.7K0.07%−1,695−12.0%Reduced
Citadel Advisors LLC11,766$122.4K0.00%+11,766New
Alesco Advisors LLC11,739$122.1K0.00%−1,900−13.9%Reduced
Stifel Financial Corp11,469$119.3K0.00%−634−5.2%Reduced
Steward Partners Investment Advisory, LLC10,913$113.5K0.00%+10,705+5,146.6%Added
Belpointe Asset Management LLC10,370$107.8K0.01%00.0%Unchanged
Uniting Wealth Partners, LLC10,150$105.6K0.05%00.0%Unchanged
Huntington National Bank–$72.7K0.00%––
US Bancorp4,803$50.0K0.00%00.0%Unchanged
Moisand Fitzgerald Tamayo, LLC4,401$45.8K0.01%00.0%Unchanged
Farther Finance Advisors, LLC4,046$42.3K0.00%+835+26.0%Added
GWM Advisors LLC3,219$33.5K0.00%00.0%Unchanged
Hollencrest Capital Management2,398$24.9K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.2,000$20.8K0.00%00.0%Unchanged
MAI Capital Management856$8.90K0.00%+13+1.5%Added
Comerica Bank33$3430.00%+33New
Ogorek Anthony Joseph4$00.00%00.0%Unchanged
CNH Partners LLC0$00.00%−90,428−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−52,309−100.0%Sold out
Walleye Capital LLC0$00.00%−29,026−100.0%Sold out
Nomura Holdings Inc0$00.00%−29,000−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−13,589−100.0%Sold out
Conrad Siegel Investment Advisors, Inc.0$00.00%−12,759−100.0%Sold out
Atria Wealth Solutions, Inc.0$00.00%−10,660−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−8,799−100.0%Sold out
Bessemer Group Inc0$00.00%−905−100.0%Sold out
Estabrook Capital Management0$00.00%−762−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed
Global Retirement Partners, LLC––––Not filed