NEUBERGER MUNICIPAL FUND INC. - Common Shares, $0.0001 par value (NBH) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Shares, $0.0001 par value
Symbol
NBH on NYSE
Shares outstanding
29,615,992
Price per share
$10.12
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
12,061,027
Total reported value
$124,302,309
% of total 13F portfolios
0%
Share change
-79,295
Value change
-$840,398
Number of holders
70
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NEUBERGER MUNICIPAL FUND INC. - Common Shares, $0.0001 par value (NBH) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Saba Capital Management, L.P. 4.9% -9.4% $14,483,997 -$1,378,278 1,463,030 -8.7% Saba Capital Management, L.P. 13 Aug 2025

As of 30 Sep 2025, 70 institutional investors reported holding 12,061,027 shares of NEUBERGER MUNICIPAL FUND INC. - Common Shares, $0.0001 par value (NBH). This represents 41% of the company’s total 29,615,992 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NEUBERGER MUNICIPAL FUND INC. - Common Shares, $0.0001 par value (NBH) together control 37% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Pathstone Holdings, LLC 4.8% 1,411,760 +14% 0.06% $14,569,364
MACKAY SHIELDS LLC 4.2% 1,233,578 +4.5% 0.43% $12,730,525
MORGAN STANLEY 4% 1,179,333 +12% 0% $12,170,717
1607 Capital Partners, LLC 3.7% 1,083,929 -4.4% 0.84% $11,186,147
Saba Capital Management, L.P. 3.4% 1,012,131 -42% 0.35% $10,445,192
RIVERNORTH CAPITAL MANAGEMENT, LLC 2.7% 810,858 0% 0.48% $8,368,054
GUGGENHEIM CAPITAL LLC 2.3% 692,936 +52% 0.05% $7,151,099
Advisors Asset Management, Inc. 1.9% 563,388 +22% 0.1% $5,814,164
UBS Group AG 1.6% 482,242 +9.5% 0% $4,976,738
Rareview Capital LLC 1.1% 331,218 +110% 2% $3,255,873
Hennion & Walsh Asset Management, Inc. 0.8% 236,306 +2.3% 0.09% $2,438,678
MELFA WEALTH MANAGEMENT, INC. 0.76% 224,990 +0.5% 1.4% $2,321,898
VAN ECK ASSOCIATES CORP 0.73% 214,860 +4.7% 0% $2,217,000
COHEN & STEERS, INC. 0.7% 207,982 +36% 0% $2,146,000
Fiera Capital Corp 0.59% 174,157 -0.96% 0.01% $1,797,300
Invesco Ltd. 0.47% 140,491 +43% 0% $1,449,867
Matisse Capital 0.46% 135,900 0% 0.63% $1,402,488
ENVESTNET ASSET MANAGEMENT INC 0.42% 125,105 +2.1% 0% $1,291,088
PARK AVENUE SECURITIES LLC 0.37% 110,943 +0.02% 0.01% $1,145,000
BANK OF AMERICA CORP /DE/ 0.37% 110,326 +30% 0% $1,138,562
Atala Financial Inc 0.34% 102,158 +96% 0.67% $1,054,274
RAYMOND JAMES FINANCIAL INC 0.34% 101,075 -2% 0% $1,043,086
WELLS FARGO & COMPANY/MN 0.31% 92,038 -15% 0% $949,829
Ackerman Capital Advisors, LLC 0.3% 89,798 +25% 0.19% $926,715
ROBINSON CAPITAL MANAGEMENT, LLC 0.3% 87,533 -19% 0.65% $903,341

Institutional Holders of NEUBERGER MUNICIPAL FUND INC. - Common Shares, $0.0001 par value (NBH) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 277,940 $2,813,048 +$216,020 $10.12 5
2025 Q3 12,061,027 $124,302,309 -$840,398 $10.32 70
2025 Q2 12,093,147 $118,875,665 +$3,452,967 $9.83 73
2025 Q1 11,818,925 $123,106,870 +$3,699,281 $10.40 75
2024 Q4 11,535,001 $119,409,266 +$5,763,131 $10.35 78
2024 Q3 10,832,748 $120,267,539 +$394,556 $11.11 73
2024 Q2 10,833,763 $115,692,096 +$3,795,323 $10.68 81
2024 Q1 10,416,474 $109,026,202 +$5,671,087 $10.47 87
2023 Q4 9,785,192 $101,308,025 +$49,656,683 $10.35 78
2023 Q3 4,314,486 $39,724,369 +$3,552,926 $9.21 55
2023 Q2 3,904,543 $40,177,676 +$3,290,379 $10.28 55
2023 Q1 3,572,783 $39,016,744 -$2,248,055 $10.95 53
2022 Q4 3,655,120 $38,182,979 +$3,015,815 $10.42 54
2022 Q3 3,156,421 $31,957,235 +$3,393,304 $10.12 48
2022 Q2 3,107,669 $34,807,146 +$872,298 $11.19 53
2022 Q1 2,977,871 $39,559,306 -$382,810 $13.28 46
2021 Q4 2,912,827 $44,634,539 +$336,268 $15.32 48
2021 Q3 2,835,560 $45,509,876 -$318,532 $16.05 44
2021 Q2 2,949,496 $47,457,492 -$2,754,351 $16.09 43
2021 Q1 3,120,560 $49,562,838 -$807,883 $15.88 47
2020 Q4 2,197,665 $33,402,543 +$1,427,121 $15.20 50
2020 Q3 2,104,730 $32,298,255 +$179,828 $15.40 43
2020 Q2 2,016,794 $28,001,077 -$2,628,869 $13.88 42
2020 Q1 2,202,759 $32,267,584 -$908,785 $14.65 41
2019 Q4 2,206,613 $34,013,786 +$98,013 $15.41 40
2019 Q3 2,270,768 $35,083,441 +$25,259 $15.45 42
2019 Q2 2,183,727 $31,842,621 -$8,084,379 $14.58 42
2019 Q1 2,788,525 $40,026,700 -$1,319,796 $14.35 40
2018 Q4 2,920,921 $36,983,989 +$5,099,016 $12.66 47
2018 Q3 2,516,871 $33,854,497 -$3,430,100 $13.45 40
2018 Q2 2,718,693 $37,061,255 +$3,219,680 $13.63 44
2018 Q1 2,530,970 $34,914,888 +$3,807,325 $13.77 42
2017 Q4 2,185,778 $32,323,000 +$948,011 $14.79 41
2017 Q3 2,020,522 $31,034,828 +$1,917,022 $15.36 36
2017 Q2 1,895,818 $28,857,700 +$671,448 $15.22 34
2017 Q1 1,857,368 $27,580,300 +$4,795,409 $14.85 36
2016 Q4 1,530,539 $24,884,372 -$174,096 $16.26 30
2016 Q3 1,540,993 $25,579,000 -$2,514,076 $16.60 31
2016 Q2 1,691,966 $28,379,000 -$993,665 $16.77 31
2016 Q1 1,749,506 $28,362,000 -$1,168,207 $16.21 34
2015 Q4 1,822,804 $28,664,000 +$183,768 $15.72 34
2015 Q3 1,805,425 $27,521,000 +$10,196 $15.24 31
2015 Q2 1,806,160 $26,911,235 -$790,250 $14.90 31
2015 Q1 1,853,667 $28,819,333 -$1,466,852 $15.55 33
2014 Q4 1,947,444 $30,418,343 -$2,723,139 $15.62 32
2014 Q3 2,055,314 $30,592,286 +$1,885,366 $14.88 34
2014 Q2 1,928,495 $29,694,510 +$1,518,994 $15.40 35
2014 Q1 1,830,213 $26,522,644 +$581,548 $14.49 34