Neuberger Municipal FundNBH

13F holders, Q3 2025 (September 30)
71holders −2
6new positions
8sold out
$10.31avg. 13F price*

At the end of Q3 2025, 71 institutions reported holding Neuberger Municipal Fund Inc. (NBH) in their 13F filings, down 2 from Q2 2025. 6 opened new positions and 8 sold out. The largest holders were Pathstone Holdings, LLC ($14.6M), MacKay Shields LLC ($12.7M) and Morgan Stanley ($12.2M).

Company
Neuberger Municipal Fund Inc.
CUSIP
64124P101
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080100 Q1 2024: 86Q1 2024Q2 2024: 80Q2 2024Q3 2024: 72Q3 2024Q4 2024: 78Q4 2024Q1 2025: 75Q1 2025Q2 2025: 73Q2 2025Q3 2025: 71Q3 2025Q4 2025: 84Q4 2025Q1 2026: 77Q1 2026Q2 2026: 76Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions6$670K
Exits8$1.3M

All 13F filers, Q2 2025 → Q3 2025: 1,235,332 shares bought and 1,285,185 shares sold, net −49,853 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 71 holders

Pathstone Holdings, LLC 0.06% Add +14.2% 1,411,760 $14.6M
MacKay Shields LLC 3.19% Add +4.5% 1,233,578 $12.7M
Morgan Stanley 0.00% Add +12.3% 1,179,333 $12.2M
1607 Capital Partners, LLC 0.84% Reduce -4.4% 1,083,929 $11.2M
Saba Capital Management, L.P. 0.35% Reduce -42.0% 1,012,131 $10.4M
Rivernorth Capital Management, LLC 0.48% No change 810,858 $8.4M
Guggenheim Capital LLC 0.05% Add +52.4% 692,936 $7.2M
Advisors Asset Management, Inc. 0.10% Add +22.0% 563,388 $5.8M
UBS Group AG 0.00% Add +9.5% 482,242 $5.0M
Rareview Capital LLC 1.99% Add +110.5% 331,218 $3.3M
Hennion & Walsh Asset Management, Inc. 0.09% Add +2.3% 236,306 $2.4M
Melfa Wealth Management, Inc. 1.36% Add +0.5% 224,990 $2.3M
Van Eck Associates Corp. 0.00% Add +4.7% 214,860 $2.2M
Cohen & Steers, Inc. 0.00% Add +36.0% 207,982 $2.1M
Fiera Capital Corp 0.01% Reduce -1.0% 174,157 $1.8M
Invesco Ltd. 0.00% Add +43.5% 140,491 $1.4M
Matisse Capital 0.63% No change 135,900 $1.4M
Envestnet Asset Management Inc. 0.00% Add +2.1% 125,105 $1.3M
Park Avenue Securities LLC 0.01% Add +0.0% 110,943 $1.1M
Bank of America Corp. 0.00% Add +29.9% 110,326 $1.1M
Atala Financial Inc 0.66% Add +96.1% 102,158 $1.1M
Raymond James Financial Inc. 0.00% Reduce -2.0% 101,075 $1.0M
Wells Fargo & Company 0.00% Reduce -14.7% 92,038 $950K
Ackerman Capital Advisors, LLC 0.19% Add +24.9% 89,798 $927K
Robinson Capital Management, LLC 0.66% Reduce -19.5% 87,533 $903K
LPL Financial LLC 0.00% Add +16.6% 75,229 $776K
Cura Wealth Advisors, LLC 0.27% Add +3.0% 68,000 $702K
Riverbridge Partners LLC 0.01% Add +51.5% 66,506 $686K
HighTower Advisors, LLC 0.00% Reduce -2.0% 62,471 $645K
Blue Bell Private Wealth Management, LLC 0.08% No change 50,637 $523K
Plancorp, LLC 0.02% No change 50,009 $516K
Sit Investment Associates Inc. 0.01% Reduce -83.2% 48,600 $502K
WESCAP Management Group, Inc. 0.09% New 41,901 $432K
Horizon Kinetics Asset Management LLC 0.01% Reduce -0.3% 41,396 $427K
Evoke Wealth, LLC 0.01% No change 40,469 $420K
Rockefeller Capital Management L.P. 0.00% Reduce -1.5% 38,151 $394K
Noble Wealth Management PBC 0.21% — 37,875 $391K
Logan Stone Capital, LLC 0.17% Reduce -53.3% 36,438 $376K
Bridgewater Advisors Inc. 0.03% No change 35,633 $366K
Waverly Advisors, LLC 0.00% No change 28,198 $291K
Ameriprise Financial Inc. 0.00% Reduce -10.8% 28,016 $289K
Commonwealth Equity Services, LLC 0.00% Add +0.4% 26,467 $273K
Royal Bank of Canada 0.00% Reduce -7.6% 25,020 $258K
Integrated Capital Management, Inc. 0.18% Reduce -0.7% 24,562 $253K
Rothschild Investment LLC 0.01% Reduce -60.5% 21,200 $219K
Nuveen, LLC 0.00% No change 20,845 $215K
Bar Harbor Wealth Management 0.01% No change 19,865 $205K
Cambridge Investment Research Advisors, Inc. 0.00% Add +25.8% 19,667 $203K
Bank of New York Mellon Corp 0.00% Reduce -20.2% 19,232 $198K
Kestra Advisory Services, LLC 0.00% Add +39.2% 17,707 $183K
Williams Jones Wealth Management, LLC. 0.00% New 17,289 $178K
Avior Wealth Management, LLC 0.01% Add +2.7% 16,708 $172K
Bank of Montreal 0.00% Add +2.0% 15,177 $157K
Osaic Holdings, Inc. 0.00% Add +2.8% 15,518 $155K
Tyche Wealth Partners LLC 0.03% No change 14,816 $153K
Alteri Wealth LLC 0.05% No change 13,104 $135K
MML Investors Services, LLC 0.00% Add +13.6% 11,919 $123K
Steward Partners Investment Advisory, LLC 0.00% No change 11,863 $122K
Alesco Advisors, LLC, An ESL Co 0.00% No change 11,739 $121K
Belpointe Asset Management LLC 0.00% No change 10,370 $107K
US Bancorp \de 0.00% No change 4,803 $50K
Farther Finance Advisors, LLC 0.00% No change 4,046 $42K
Moisand Fitzgerald Tamayo, LLC 0.00% No change 3,736 $39K
Advisory Services Network, LLC 0.00% New 3,356 $35K
NewEdge Advisors, LLC 0.00% Reduce -7.3% 2,984 $31K
Hollencrest Capital Management 0.00% No change 2,398 $25K
Kilter Group LLC 0.01% New 1,193 $12K
MAI Capital Management 0.00% Add +1.6% 884 $9K
Highline Wealth Partners LLC 0.00% New 800 $8K
Guerra Advisors Inc 0.00% New 355 $4K
Comerica Bank 0.00% No change 33 $341

"% of holder's portfolio" is NBH's weight in each manager's 13F, not the share of Neuberger Municipal Fund Inc. the manager owns.