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, Q3 2025
Institutional positions in Neuberger Municipal Fund Inc. as of Sep 30, 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
- 71
- −1 vs. Q2 2025
- Shares held
- 12.1M
- −12.0K (−0.1%) vs. Q2 2025
- Total value
- $124.3M
- +$5.63M (+4.7%) vs. Q2 2025
- New holders
- 7
- 28 more added
- Sold out
- 8
- 17 more reduced
1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 77 | $134.7M |
| Q1 2026 | 78 | $129.2M |
| Q4 2025 | 84 | $130.7M |
| Q3 2025 | 71 | $124.3M |
| Q2 2025 | 73 | $118.9M |
| Q1 2025 | 76 | $123.1M |
| Q4 2024 | 79 | $119.5M |
| Q3 2024 | 73 | $120.3M |
| Q2 2024 | 81 | $115.7M |
| Q1 2024 | 87 | $109.0M |
| Q4 2023 | 80 | $101.5M |
| Q3 2023 | 58 | $40.1M |
| Q2 2023 | 56 | $40.3M |
| Q1 2023 | 54 | $39.2M |
| Q4 2022 | 58 | $39.7M |
| Q3 2022 | 52 | $35.3M |
| Q2 2022 | 54 | $34.8M |
| Q1 2022 | 46 | $39.6M |
| Q4 2021 | 49 | $46.0M |
| Q3 2021 | 46 | $47.0M |
| Q2 2021 | 43 | $47.5M |
| Q1 2021 | 47 | $49.6M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Neuberger Municipal Fund Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Pathstone Holdings, LLC | 1,411,760 | $14.6M | 0.06% | +175,923+14.2% | Added |
| Mackay Shields LLC | 1,233,578 | $12.7M | 0.43% | +52,597+4.5% | Added |
| Morgan Stanley | 1,179,333 | $12.2M | 0.00% | +129,560+12.3% | Added |
| 1607 Capital Partners, LLC | 1,083,929 | $11.2M | 0.84% | −49,821−4.4% | Reduced |
| Saba Capital Management, L.P. | 1,012,131 | $10.4M | 0.35% | −734,046−42.0% | Reduced |
| Rivernorth Capital Management, LLC | 810,858 | $8.37M | 0.48% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 692,936 | $7.15M | 0.05% | +238,107+52.4% | Added |
| Advisors Asset Management, Inc. | 563,388 | $5.81M | 0.10% | +101,693+22.0% | Added |
| UBS Group AG | 482,242 | $4.98M | 0.00% | +41,991+9.5% | Added |
| Rareview Capital LLC | 331,218 | $3.26M | 1.99% | +173,863+110.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 236,306 | $2.44M | 0.09% | +5,306+2.3% | Added |
| Melfa Wealth Management, LLC | 224,990 | $2.32M | 1.36% | +1,112+0.5% | Added |
| Van Eck Associates Corp | 214,860 | $2.22M | 0.00% | +9,676+4.7% | Added |
| Cohen & Steers, Inc. | 207,982 | $2.15M | 0.00% | +55,000+36.0% | Added |
| Fiera Capital Corp | 174,157 | $1.80M | 0.01% | −1,684−1.0% | Reduced |
| Invesco Ltd. | 140,491 | $1.45M | 0.00% | +42,555+43.5% | Added |
| Matisse Capital | 135,900 | $1.40M | 0.63% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 125,105 | $1.29M | 0.00% | +2,610+2.1% | Added |
| Park Avenue Securities LLC | 110,943 | $1.15M | 0.01% | +170.0% | Added |
| Bank of America Corp | 110,326 | $1.14M | 0.00% | +25,372+29.9% | Added |
| Atala Financial Inc | 102,158 | $1.05M | 0.67% | +50,064+96.1% | Added |
| Raymond James Financial Inc | 101,075 | $1.04M | 0.00% | −2,089−2.0% | Reduced |
| Wells Fargo & Company | 92,038 | $949.8K | 0.00% | −15,835−14.7% | Reduced |
| Ackerman Capital Advisors, LLC | 89,798 | $926.7K | 0.19% | +17,933+25.0% | Added |
| Robinson Capital Management, LLC | 87,533 | $903.3K | 0.65% | −21,178−19.5% | Reduced |
| LPL Financial LLC | 75,229 | $776.4K | 0.00% | +10,726+16.6% | Added |
| Cura Wealth Advisors, LLC | 68,000 | $701.8K | 0.27% | +2,000+3.0% | Added |
| Riverbridge Partners LLC | 66,506 | $686.3K | 0.01% | +22,619+51.5% | Added |
| HighTower Advisors, LLC | 62,471 | $644.7K | 0.00% | −1,265−2.0% | Reduced |
| Blue Bell Private Wealth Management, LLC | 50,637 | $522.6K | 0.08% | 00.0% | Unchanged |
| Plancorp, LLC | 50,009 | $516.1K | 0.02% | 00.0% | Unchanged |
| Sit Investment Associates Inc | 48,600 | $502.0K | 0.01% | −239,977−83.2% | Reduced |
| WESCAP Management Group, Inc. | 41,901 | $432.4K | 0.09% | +41,901 | New |
| Horizon Kinetics Asset Management LLC | 41,396 | $427.2K | 0.01% | −133−0.3% | Reduced |
| Evoke Wealth, LLC | 40,469 | $419.8K | 0.01% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 38,151 | $393.7K | 0.00% | −589−1.5% | Reduced |
| Noble Wealth Management PBC | 37,875 | $390.9K | 0.21% | +37,875 | New |
| Logan Stone Capital, LLC | 36,438 | $376.0K | 0.17% | −41,574−53.3% | Reduced |
| Bridgewater Advisors Inc. | 35,633 | $365.6K | 0.03% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 28,198 | $291.0K | 0.00% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 28,016 | $289.1K | 0.00% | −3,382−10.8% | Reduced |
| Commonwealth Equity Services, LLC | 26,467 | $273.0K | 0.00% | +105+0.4% | Added |
| Royal Bank of Canada | 25,020 | $258.0K | 0.00% | −2,065−7.6% | Reduced |
| Integrated Capital Management, Inc. | 24,562 | $253.5K | 0.18% | −174−0.7% | Reduced |
| Rothschild Investment LLC | 21,200 | $218.8K | 0.01% | −32,500−60.5% | Reduced |
| Nuveen, LLC | 20,845 | $215.1K | 0.00% | 00.0% | Unchanged |
| Charter Trust Co | 19,865 | $205.0K | 0.01% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 19,667 | $203.0K | 0.00% | +4,036+25.8% | Added |
| Bank of New York Mellon Corp | 19,232 | $198.5K | 0.00% | −4,870−20.2% | Reduced |
| Kestra Advisory Services, LLC | 17,707 | $182.7K | 0.00% | +4,986+39.2% | Added |
| Williams Jones Wealth Management, LLC. | 17,289 | $178.4K | 0.00% | +17,289 | New |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 16,708 | $172.4K | 0.01% | +436+2.7% | Added |
| Bank of Montreal | 15,177 | $156.6K | 0.00% | +293+2.0% | Added |
| Advisor Group Holdings, Inc. | 15,518 | $155.4K | 0.00% | +416+2.8% | Added |
| Tyche Wealth Partners LLC | 14,816 | $152.9K | 0.03% | 00.0% | Unchanged |
| Alteri Wealth LLC | 13,104 | $135.2K | 0.05% | 00.0% | Unchanged |
| MML Investors Services, LLC | 11,919 | $123.0K | 0.00% | +1,428+13.6% | Added |
| Steward Partners Investment Advisory, LLC | 11,863 | $122.4K | 0.00% | 00.0% | Unchanged |
| Alesco Advisors LLC | 11,739 | $121.1K | 0.00% | 00.0% | Unchanged |
| Belpointe Asset Management LLC | 10,370 | $107.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 4,803 | $49.6K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 4,046 | $41.8K | 0.00% | 00.0% | Unchanged |
| Moisand Fitzgerald Tamayo, LLC | 3,736 | $38.6K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 3,356 | $34.6K | 0.00% | +3,356 | New |
| GWM Advisors LLC | 2,984 | $30.8K | 0.00% | −235−7.3% | Reduced |
| Hollencrest Capital Management | 2,398 | $24.7K | 0.00% | 00.0% | Unchanged |
| Kilter Group LLC | 1,193 | $12.3K | 0.01% | +1,193 | New |
| MAI Capital Management | 884 | $9.13K | 0.00% | +14+1.6% | Added |
| Highline Wealth Partners LLC | 800 | $8.26K | 0.00% | +800 | New |
| Guerra Advisors Inc | 355 | $3.66K | 0.00% | +355 | New |
| Comerica Bank | 33 | $341 | 0.00% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −46,336−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −27,795−100.0% | Sold out |
| Catalina Capital Group, LLC | 0 | $0 | 0.00% | −15,703−100.0% | Sold out |
| Elequin Capital LP | 0 | $0 | 0.00% | −11,165−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −10,466−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −10,303−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| The PNC Financial Services Group, Inc. | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Capital Market Strategies LLC | – | – | – | – | Not filed |