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, Q4 2025
Institutional positions in Neuberger Municipal Fund Inc. as of Dec 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
- 84
- +14 vs. Q3 2025
- Shares held
- 12.9M
- +864.2K (+7.2%) vs. Q3 2025
- Total value
- $130.7M
- +$6.40M (+5.1%) vs. Q3 2025
- New holders
- 17
- 26 more added
- Sold out
- 3
- 20 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Neuberger Municipal Fund Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Comerica Bank | 33 | $334 | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 800 | $8.10K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 898 | $9.09K | 0.00% | +14+1.6% | Added |
| Kilter Group LLC | 1,261 | $12.8K | 0.01% | +68+5.7% | Added |
| GWM Advisors LLC | 2,984 | $30.2K | 0.00% | 00.0% | Unchanged |
| Moisand Fitzgerald Tamayo, LLC | 3,736 | $37.8K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 4,046 | $40.9K | 0.00% | 00.0% | Unchanged |
| Elyxium Wealth, LLC | 4,248 | $43.0K | 0.01% | +4,248 | New |
| Hollencrest Capital Management | 7,295 | $73.8K | 0.00% | +4,897+204.2% | Added |
| PFG Investments, LLC | 10,000 | $101.2K | 0.00% | +10,000 | New |
| Belpointe Asset Management LLC | 10,370 | $104.9K | 0.00% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 10,713 | $108.4K | 0.01% | +10,713 | New |
| Alesco Advisors LLC | 11,739 | $118.8K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 11,863 | $120.1K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 12,659 | $128.1K | 0.00% | +740+6.2% | Added |
| Alteri Wealth LLC | 13,104 | $132.6K | 0.04% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 14,287 | $144.6K | 0.00% | −1,231−7.9% | Reduced |
| Tyche Wealth Partners LLC | 14,816 | $149.9K | 0.02% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 15,094 | $152.8K | 0.00% | +15,094 | New |
| Susquehanna International Group, LLP | 15,272 | $154.6K | 0.00% | +15,272 | New |
| Virtu Financial LLC | 16,436 | $166.0K | 0.01% | +16,436 | New |
| Kestra Advisory Services, LLC | 18,312 | $185.3K | 0.00% | +605+3.4% | Added |
| XTX Topco Ltd | 18,379 | $186.0K | 0.00% | +18,379 | New |
| Bank of New York Mellon Corp | 19,232 | $194.6K | 0.00% | 00.0% | Unchanged |
| Charter Trust Co | 19,865 | $201.0K | 0.01% | 00.0% | Unchanged |
| Rothschild Investment LLC | 21,200 | $214.5K | 0.01% | 00.0% | Unchanged |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 21,217 | $214.7K | 0.01% | +4,509+27.0% | Added |
| Bank of Montreal | 21,972 | $222.4K | 0.00% | +6,795+44.8% | Added |
| Logan Stone Capital, LLC | 22,203 | $224.7K | 0.06% | −14,235−39.1% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 22,417 | $227.0K | 0.00% | +2,750+14.0% | Added |
| Commonwealth Equity Services, LLC | 22,526 | $228.0K | 0.00% | −3,941−14.9% | Reduced |
| Wolverine Asset Management LLC | 22,709 | $229.8K | 0.00% | +22,709 | New |
| Integrated Capital Management, Inc. | 24,752 | $250.5K | 0.17% | +190+0.8% | Added |
| Ameriprise Financial Inc | 27,884 | $282.2K | 0.00% | −132−0.5% | Reduced |
| Closed-End Fund Advisors, Inc. | 27,931 | $282.7K | 0.17% | +27,931 | New |
| Warren Averett Asset Management, LLC | 28,198 | $285.4K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 28,902 | $292.5K | 0.00% | −9,249−24.2% | Reduced |
| Nuveen, LLC | 32,107 | $324.9K | 0.00% | +11,262+54.0% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 32,348 | $327.4K | 0.11% | +32,348 | New |
| Evoke Wealth, LLC | 36,997 | $376.4K | 0.01% | −3,472−8.6% | Reduced |
| Royal Bank of Canada | 40,633 | $411.0K | 0.00% | +15,613+62.4% | Added |
| Horizon Kinetics Asset Management LLC | 41,396 | $418.9K | 0.01% | 00.0% | Unchanged |
| Citadel Advisors LLC | 44,164 | $446.9K | 0.00% | +44,164 | New |
| Evolve Private Wealth, LLC | 46,253 | $470.6K | 0.03% | +46,253 | New |
| Jane Street Group, LLC | 46,640 | $472.0K | 0.00% | +46,640 | New |
| Sit Investment Associates Inc | 48,600 | $492.0K | 0.01% | 00.0% | Unchanged |
| Plancorp, LLC | 50,009 | $506.1K | 0.02% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 50,459 | $510.6K | 0.07% | −178−0.4% | Reduced |
| Bridgewater Advisors Inc. | 50,633 | $522.5K | 0.03% | +15,000+42.1% | Added |
| Noble Wealth Management PBC | 55,278 | $559.4K | 0.28% | +17,403+45.9% | Added |
| Riverbridge Partners LLC | 66,248 | $670.4K | 0.01% | −258−0.4% | Reduced |
| HighTower Advisors, LLC | 66,557 | $673.6K | 0.00% | +4,086+6.5% | Added |
| Cura Wealth Advisors, LLC | 68,000 | $688.2K | 0.26% | 00.0% | Unchanged |
| Karpus Management, Inc. | 68,199 | $690.2K | 0.02% | +68,199 | New |
| Balyasny Asset Management LLC | 73,748 | $746.3K | 0.00% | +73,748 | New |
| LPL Financial LLC | 74,126 | $750.2K | 0.00% | −1,103−1.5% | Reduced |
| WESCAP Management Group, Inc. | 76,482 | $774.0K | 0.16% | +34,581+82.5% | Added |
| Wells Fargo & Company | 81,265 | $822.4K | 0.00% | −10,773−11.7% | Reduced |
| Bank of America Corp | 85,469 | $864.9K | 0.00% | −24,857−22.5% | Reduced |
| Raymond James Financial Inc | 88,139 | $892.0K | 0.00% | −12,936−12.8% | Reduced |
| Ackerman Capital Advisors, LLC | 92,972 | $940.9K | 0.19% | +3,174+3.5% | Added |
| Atala Financial Inc | 105,222 | $1.06M | 0.68% | +3,064+3.0% | Added |
| Saba Capital Management, L.P. | 110,116 | $1.11M | 0.04% | −902,015−89.1% | Reduced |
| Park Avenue Securities LLC | 110,445 | $1.12M | 0.01% | −498−0.4% | Reduced |
| Envestnet Asset Management Inc | 124,348 | $1.26M | 0.00% | −757−0.6% | Reduced |
| Matisse Capital | 135,900 | $1.38M | 0.61% | 00.0% | Unchanged |
| Worthington Financial Partners, LLC | 142,798 | $1.45M | 1.28% | +142,798 | New |
| Invesco Ltd. | 158,151 | $1.60M | 0.00% | +17,660+12.6% | Added |
| Melfa Wealth Management, LLC | 203,897 | $2.07M | 1.19% | −21,093−9.4% | Reduced |
| Cohen & Steers, Inc. | 207,982 | $2.10M | 0.00% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 220,081 | $2.23M | 0.08% | −16,225−6.9% | Reduced |
| Professional Financial Management, Inc. | 230,149 | $2.33M | 2.64% | +230,149 | New |
| Robinson Capital Management, LLC | 243,933 | $2.47M | 1.04% | +156,400+178.7% | Added |
| Van Eck Associates Corp | 246,891 | $2.50M | 0.00% | +32,031+14.9% | Added |
| Fiera Capital Corp | 287,691 | $2.91M | 0.01% | +113,534+65.2% | Added |
| Rareview Capital LLC | 417,737 | $4.11M | 2.66% | +86,519+26.1% | Added |
| UBS Group AG | 446,471 | $4.52M | 0.00% | −35,771−7.4% | Reduced |
| Advisors Asset Management, Inc. | 737,420 | $7.46M | 0.13% | +174,032+30.9% | Added |
| Guggenheim Capital LLC | 761,618 | $7.71M | 0.06% | +68,682+9.9% | Added |
| Rivernorth Capital Management, LLC | 932,084 | $9.43M | 0.45% | +121,226+15.0% | Added |
| 1607 Capital Partners, LLC | 1,006,539 | $10.2M | 0.69% | −77,390−7.1% | Reduced |
| Morgan Stanley | 1,156,815 | $11.7M | 0.00% | −22,518−1.9% | Reduced |
| Mackay Shields LLC | 1,233,578 | $12.5M | 0.44% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 1,740,151 | $17.6M | 0.07% | +328,391+23.3% | Added |
| Williams Jones Wealth Management, LLC. | 0 | $0 | 0.00% | −17,289−100.0% | Sold out |
| US Bancorp | 0 | $0 | 0.00% | −4,803−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −3,356−100.0% | Sold out |
| Guerra Advisors Inc | – | – | – | – | Not filed |