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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 2026

Institutional positions in Neuberger Municipal Fund Inc. as of Mar 31, 2026. 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
78
−5 vs. Q4 2025
Shares held
12.7M
−187.3K (−1.4%) vs. Q4 2025
Total value
$129.2M
−$1.51M (−1.2%) vs. Q4 2025
New holders
9
34 more added
Sold out
14
20 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 78 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 2026: $129.2M
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 2026

Shares, value and share of portfolio for each institution holding Neuberger Municipal Fund Inc.; share changes are against Q4 2025.

Institutions holding NBH in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC2,035,040$20.7M0.08%+294,889+16.9%Added
Morgan Stanley1,341,746$13.6M0.00%+184,931+16.0%Added
1607 Capital Partners, LLC1,006,539$10.2M0.74%00.0%Unchanged
Rivernorth Capital Management, LLC929,775$9.44M0.48%−2,309−0.2%Reduced
Guggenheim Capital LLC736,251$7.47M0.06%−25,367−3.3%Reduced
Advisors Asset Management, Inc.725,657$7.37M0.12%−11,763−1.6%Reduced
Mackay Shields LLC623,277$6.33M0.23%−610,301−49.5%Reduced
UBS Group AG473,408$4.81M0.00%+26,937+6.0%Added
Rareview Capital LLC462,461$4.55M2.67%+44,724+10.7%Added
Robinson Capital Management, LLC425,260$4.34M1.94%+181,327+74.3%Added
Van Eck Associates Corp279,856$2.84M0.00%+32,965+13.4%Added
Professional Financial Management, Inc.249,195$2.53M2.63%+19,046+8.3%Added
Hennion & Walsh Asset Management, Inc.218,828$2.22M0.07%−1,253−0.6%Reduced
Cohen & Steers, Inc.217,982$2.21M0.00%+10,000+4.8%Added
Melfa Wealth Management, LLC206,547$2.10M1.20%+2,650+1.3%Added
Invesco Ltd.158,105$1.60M0.00%−460.0%Reduced
Fiera Capital Corp156,271$1.59M0.01%−131,420−45.7%Reduced
Worthington Financial Partners, LLC143,830$1.46M1.25%+1,032+0.7%Added
Matisse Capital135,900$1.38M0.59%00.0%Unchanged
Envestnet Asset Management Inc127,709$1.30M0.00%+3,361+2.7%Added
Sit Investment Associates Inc113,046$1.15M0.02%+64,446+132.6%Added
Park Avenue Securities LLC111,408$1.13M0.01%+963+0.9%Added
WESCAP Management Group, Inc.111,026$1.13M0.22%+34,544+45.2%Added
Atala Financial Inc105,286$1.06M0.71%+64+0.1%Added
Bank of America Corp102,431$1.04M0.00%+16,962+19.8%Added
Raymond James Financial Inc88,447$897.7K0.00%+308+0.3%Added
Karpus Management, Inc.83,021$842.7K0.03%+14,822+21.7%Added
Wells Fargo & Company80,200$814.0K0.00%−1,065−1.3%Reduced
Riverbridge Partners LLC78,119$792.9K0.02%+11,871+17.9%Added
LPL Financial LLC76,739$778.9K0.00%+2,613+3.5%Added
Noble Wealth Management PBC75,297$764.3K0.39%+20,019+36.2%Added
Ackerman Capital Advisors, LLC69,133$701.7K0.14%−23,839−25.6%Reduced
Cura Wealth Advisors, LLC68,000$690.2K0.31%00.0%Unchanged
Summit Trail Advisors, LLC67,906$689.2K0.01%+67,906New
HighTower Advisors, LLC57,078$579.3K0.00%−9,479−14.2%Reduced
Bridgewater Advisors Inc.50,633$526.1K0.03%00.0%Unchanged
Plancorp, LLC50,009$509.1K0.01%00.0%Unchanged
Blue Bell Private Wealth Management, LLC49,825$505.7K0.07%−634−1.3%Reduced
Evolve Private Wealth, LLC45,899$465.9K0.02%−354−0.8%Reduced
Horizon Kinetics Asset Management LLC41,396$420.2K0.00%00.0%Unchanged
Royal Bank of Canada40,128$407.0K0.00%−505−1.2%Reduced
Nuveen, LLC37,338$379.0K0.00%+5,231+16.3%Added
Evoke Wealth, LLC36,997$377.5K0.01%00.0%Unchanged
Closed-End Fund Advisors, Inc.30,916$313.8K0.32%+2,985+10.7%Added
Rockefeller Capital Management L.P.29,379$298.2K0.00%+477+1.7%Added
Warren Averett Asset Management, LLC28,408$288.3K0.00%+210+0.7%Added
Ameriprise Financial Inc26,867$272.7K0.00%−1,017−3.6%Reduced
Cambridge Investment Research Advisors, Inc.25,530$259.0K0.00%+3,113+13.9%Added
Integrated Capital Management, Inc.23,386$237.4K0.16%−1,366−5.5%Reduced
Commonwealth Equity Services, LLC22,631$229.7K0.00%+105+0.5%Added
Bank of New York Mellon Corp22,036$223.7K0.00%+2,804+14.6%Added
Nelson, Van Denburg & Campbell Wealth Management Group, LLC21,707$220.3K0.01%+490+2.3%Added
Rothschild Investment LLC21,200$215.2K0.01%00.0%Unchanged
Charter Trust Co19,865$201.6K0.01%00.0%Unchanged
Kestra Advisory Services, LLC19,760$200.6K0.00%+1,448+7.9%Added
Advisor Group Holdings, Inc.18,895$191.8K0.00%+4,608+32.3%Added
Wiley Bros.-Aintree Capital, LLC18,777$190.6K0.00%+3,683+24.4%Added
Tyche Wealth Partners LLC14,816$150.4K0.02%00.0%Unchanged
Alteri Wealth LLC12,754$129.5K0.04%−350−2.7%Reduced
Alesco Advisors LLC11,739$119.2K0.00%00.0%Unchanged
Bank of Montreal11,414$115.9K0.00%−10,558−48.1%Reduced
Steward Partners Investment Advisory, LLC10,913$110.8K0.00%−950−8.0%Reduced
MML Investors Services, LLC10,687$108.5K0.00%−1,972−15.6%Reduced
Nomura Holdings Inc10,000$101.5K0.00%+10,000New
Hollencrest Capital Management9,687$98.3K0.00%+2,392+32.8%Added
Farther Finance Advisors, LLC4,046$40.8K0.00%00.0%Unchanged
Moisand Fitzgerald Tamayo, LLC3,736$37.9K0.00%00.0%Unchanged
Advisory Services Network, LLC3,356$34.1K0.00%+3,356New
Mather Group, LLC.2,997$30.4K0.00%+2,997New
GWM Advisors LLC2,984$30.3K0.00%00.0%Unchanged
Huntington National Bank–$23.6K0.00%–New
IFG Advisory, LLC2,000$20.3K0.06%+2,000New
Community Financial Services Group, LLC1,510$15.2K0.00%+1,510New
Penserra Capital Management LLC1,076$10.0K0.00%+1,076New
MAI Capital Management912$9.26K0.00%+14+1.6%Added
Wolverine Asset Management LLC899$9.13K0.00%−21,810−96.0%Reduced
Highline Wealth Partners LLC800$8.12K0.00%00.0%Unchanged
Fifth Third Bancorp33$3350.00%+33New
Saba Capital Management, L.P.0$00.00%−110,116−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−73,748−100.0%Sold out
Jane Street Group, LLC0$00.00%−46,640−100.0%Sold out
Citadel Advisors LLC0$00.00%−44,164−100.0%Sold out
Thomas J. Herzfeld Advisors, Inc.0$00.00%−32,348−100.0%Sold out
Logan Stone Capital, LLC0$00.00%−22,203−100.0%Sold out
XTX Topco Ltd0$00.00%−18,379−100.0%Sold out
Virtu Financial LLC0$00.00%−16,436−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−15,272−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−10,713−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−10,370−100.0%Sold out
PFG Investments, LLC0$00.00%−10,000−100.0%Sold out
Elyxium Wealth, LLC0$00.00%−4,248−100.0%Sold out
Kilter Group LLC0$00.00%−1,261−100.0%Sold out
Comerica Bank––––Not filed