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Neuberger Berman New York Municipal Fund

AMEX:NBO
Snowflake Description

Second-rate dividend payer and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NBO
AMEX
$62M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Neuberger Berman New York Municipal Fund, Inc. The last earnings update was 104 days ago. More info.


Add to Portfolio Compare Print
  • Neuberger Berman New York Municipal Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
NBO Share Price and Events
7 Day Returns
-0.7%
AMEX:NBO
0.1%
US Capital Markets
-0.3%
US Market
1 Year Returns
5.1%
AMEX:NBO
-7.4%
US Capital Markets
7%
US Market
NBO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neuberger Berman New York Municipal Fund (NBO) -0.7% -1.3% 5.4% 5.1% -17% -12.9%
US Capital Markets 0.1% 5.6% 3.5% -7.4% 53.5% 71.2%
US Market -0.3% 2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • NBO outperformed the Capital Markets industry which returned -7.4% over the past year.
  • NBO underperformed the Market in United States of America which returned 7% over the past year.

NBO Value

 Is Neuberger Berman New York Municipal Fund undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Neuberger Berman New York Municipal Fund. This is due to cash flow or dividend data being unavailable. The share price is $12.14.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Neuberger Berman New York Municipal Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neuberger Berman New York Municipal Fund's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:NBO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in USD $-0.32
AMEX:NBO Share Price ** AMEX (2019-04-18) in USD $12.14
United States of America Capital Markets Industry PE Ratio Median Figure of 87 Publicly-Listed Capital Markets Companies 30.77x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Neuberger Berman New York Municipal Fund.

AMEX:NBO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:NBO Share Price ÷ EPS (both in USD)

= 12.14 ÷ -0.32

-37.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neuberger Berman New York Municipal Fund is loss making, we can't compare its value to the US Capital Markets industry average.
  • Neuberger Berman New York Municipal Fund is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Neuberger Berman New York Municipal Fund's expected growth come at a high price?
Raw Data
AMEX:NBO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -37.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 2.67x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Neuberger Berman New York Municipal Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Neuberger Berman New York Municipal Fund's assets?
Raw Data
AMEX:NBO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in USD $13.29
AMEX:NBO Share Price * AMEX (2019-04-18) in USD $12.14
United States of America Capital Markets Industry PB Ratio Median Figure of 170 Publicly-Listed Capital Markets Companies 7.11x
United States of America Market PB Ratio Median Figure of 5,184 Publicly-Listed Companies 1.91x
AMEX:NBO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:NBO Share Price ÷ Book Value per Share (both in USD)

= 12.14 ÷ 13.29

0.91x

* Primary Listing of Neuberger Berman New York Municipal Fund.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neuberger Berman New York Municipal Fund is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Neuberger Berman New York Municipal Fund's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Neuberger Berman New York Municipal Fund has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NBO Future Performance

 How is Neuberger Berman New York Municipal Fund expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Neuberger Berman New York Municipal Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neuberger Berman New York Municipal Fund expected to grow at an attractive rate?
  • Unable to compare Neuberger Berman New York Municipal Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Neuberger Berman New York Municipal Fund's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Neuberger Berman New York Municipal Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:NBO Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:NBO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:NBO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-10-31 5 -2
2018-07-31 5 -1
2018-04-30 5 0
2018-01-31 5 0
2017-10-31 5 0
2017-07-31 5 0
2017-04-30 5 -1
2017-01-31 5 2
2016-10-31 5 4
2016-07-31 5 5
2016-04-30 5 5
2016-01-31 5 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Neuberger Berman New York Municipal Fund is high growth as no earnings estimate data is available.
  • Unable to determine if Neuberger Berman New York Municipal Fund is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:NBO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Neuberger Berman New York Municipal Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:NBO Past Financials Data
Date (Data in USD Millions) EPS *
2018-10-31 -0.32
2018-07-31 -0.14
2018-04-30 0.05
2018-01-31 0.07
2017-10-31 0.08
2017-07-31 -0.06
2017-04-30 -0.20
2017-01-31 0.33
2016-10-31 0.87
2016-07-31 0.95
2016-04-30 1.03
2016-01-31 0.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Neuberger Berman New York Municipal Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Neuberger Berman New York Municipal Fund's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Neuberger Berman New York Municipal Fund has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NBO Past Performance

  How has Neuberger Berman New York Municipal Fund performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Neuberger Berman New York Municipal Fund's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Neuberger Berman New York Municipal Fund does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Neuberger Berman New York Municipal Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Neuberger Berman New York Municipal Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Neuberger Berman New York Municipal Fund's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Neuberger Berman New York Municipal Fund Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:NBO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 4.75 -1.63 0.93
2018-07-31 4.73 -0.69 0.95
2018-04-30 4.72 0.26 0.96
2018-01-31 4.72 0.34 0.94
2017-10-31 4.73 0.41 0.93
2017-07-31 4.72 -0.30 0.94
2017-04-30 4.71 -1.02 0.96
2017-01-31 4.71 1.70 0.98
2016-10-31 4.70 4.42 1.00
2016-07-31 4.68 4.82 0.98
2016-04-30 4.66 5.21 0.96
2016-01-31 4.65 3.88 0.95
2015-10-31 4.63 2.55 0.95
2015-07-31 4.61 3.95 0.95
2015-04-30 4.59 5.34 0.96
2015-01-31 4.61 6.71 0.98
2014-10-31 4.62 8.08 1.00
2014-07-31 4.65 3.85 1.02
2014-04-30 4.68 -0.37 1.04
2014-01-31 4.67 -1.56 1.05
2013-10-31 4.66 -2.74 1.05
2013-07-31 4.69 0.76 1.04
2013-04-30 4.72 4.26 1.04
2013-01-31 4.86 5.47 1.02
2012-10-31 5.00 6.68 1.00
2012-07-31 5.15 7.01 0.99
2012-04-30 5.30 7.35 0.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Neuberger Berman New York Municipal Fund has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Neuberger Berman New York Municipal Fund has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Neuberger Berman New York Municipal Fund improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Neuberger Berman New York Municipal Fund's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Neuberger Berman New York Municipal Fund has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NBO Health

 How is Neuberger Berman New York Municipal Fund's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Neuberger Berman New York Municipal Fund's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neuberger Berman New York Municipal Fund is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Neuberger Berman New York Municipal Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Neuberger Berman New York Municipal Fund's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Neuberger Berman New York Municipal Fund Company Filings, last reported 5 months ago.

AMEX:NBO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 67.58 48.28 0.03
2018-07-31 67.58 48.28 0.03
2018-04-30 68.78 48.27 1.84
2018-01-31 68.78 48.27 1.84
2017-10-31 71.70 48.25 0.06
2017-07-31 71.70 48.25 0.06
2017-04-30 71.13 48.24 0.10
2017-01-31 71.13 48.24 0.10
2016-10-31 74.00 48.30 0.19
2016-07-31 74.00 48.30 0.19
2016-04-30 74.99 48.30 0.04
2016-01-31 74.99 48.30 0.04
2015-10-31 72.70 48.30 0.08
2015-07-31 72.70 48.30 0.08
2015-04-30 73.13 48.30 0.01
2015-01-31 73.13 48.30 0.01
2014-10-31 73.73 48.30 0.02
2014-07-31 73.73 48.30 0.02
2014-04-30 119.92 0.00 1.36
2014-01-31 119.92 0.00 1.36
2013-10-31 117.84 0.00 0.03
2013-07-31 117.84 0.00 0.03
2013-04-30 124.22 0.00
2013-01-31 124.22 0.00
2012-10-31 124.43 0.00 0.08
2012-07-31 124.43 0.00 0.08
2012-04-30 123.68 0.00 0.04
  • Neuberger Berman New York Municipal Fund's level of debt (71.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 71.4% today).
  • Unable to verify if debt is well covered by operating cash flow as Neuberger Berman New York Municipal Fund has not reported sufficient balance sheet data.
  • Neuberger Berman New York Municipal Fund is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Neuberger Berman New York Municipal Fund's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Neuberger Berman New York Municipal Fund has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NBO Dividends

 What is Neuberger Berman New York Municipal Fund's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.89%
Current annual income from Neuberger Berman New York Municipal Fund dividends.
If you bought $2,000 of Neuberger Berman New York Municipal Fund shares you are expected to receive $78 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Neuberger Berman New York Municipal Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • Neuberger Berman New York Municipal Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Upcoming dividend payment

Purchase Neuberger Berman New York Municipal Fund before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:NBO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:NBO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-15 0.472 3.868
2019-02-15 0.472 3.923
2019-01-15 0.472 4.083
2018-12-17 0.472 4.183
2018-11-16 0.472 4.215
2018-10-15 0.472 4.224
2018-09-17 0.472 4.163
2018-08-15 0.472 4.060
2018-07-16 0.472 4.077
2018-06-15 0.472 4.095
2018-05-15 0.472 4.079
2018-04-16 0.472 4.068
2018-03-15 0.524 4.498
2018-02-15 0.524 4.457
2018-01-16 0.524 4.387
2017-12-15 0.524 4.289
2017-11-15 0.524 4.268
2017-10-16 0.524 4.203
2017-09-15 0.524 4.134
2017-08-16 0.524 4.085
2017-07-17 0.524 4.074
2017-06-15 0.524 4.101
2017-05-15 0.524 4.125
2017-04-17 0.524 4.152
2017-03-15 0.524 4.199
2017-02-15 0.524 4.220
2017-01-17 0.576 4.566
2016-12-15 0.576 4.587
2016-11-15 0.576 4.603
2016-10-17 0.576 4.298
2016-09-15 0.576 4.040
2016-08-15 0.576 3.968
2016-07-15 0.576 3.976
2016-06-15 0.576 3.962
2016-05-16 0.576 4.024
2016-04-15 0.576 3.943
2016-03-15 0.684 4.636
2016-02-17 0.684 4.700
2016-01-15 0.684 4.726
2015-12-15 0.684 4.850
2015-11-17 0.684 4.907
2015-10-16 0.684 4.945
2015-09-15 0.684 4.972
2015-08-17 0.684 4.986
2015-07-15 0.684 4.921
2015-06-15 0.684 4.865
2015-05-15 0.684 4.880
2015-04-16 0.684 4.820
2015-03-16 0.684 4.864
2015-02-17 0.780 5.578
2015-01-15 0.780 5.452
2014-12-16 0.780 5.581
2014-11-17 0.780 5.689
2014-10-15 0.780 5.648
2014-09-15 0.780 5.762
2014-08-15 0.780 5.749
2014-07-15 0.780 5.808
2014-06-16 0.780 5.736
2014-05-15 0.780 5.587
2014-04-15 0.780 5.605
2014-03-18 0.780 5.749
2014-02-18 0.780 5.756
2014-01-15 0.780 5.732
2013-12-16 0.780 5.928
2013-11-15 0.780 6.277
2013-10-15 0.780 6.093
2013-09-16 0.780 6.057
2013-08-15 0.780 6.250
2013-07-15 0.780 6.051
2013-06-17 0.780 5.755
2013-05-15 0.780 5.393
2013-04-15 0.780 5.078
2013-03-15 0.780 5.338
2013-02-15 0.780 5.235
2013-01-15 0.780 5.012
2012-12-17 0.780 5.055
2012-10-15 0.780 4.933
2012-09-17 0.780 4.896
2012-08-15 0.780 5.061
2012-07-16 0.780 4.875
2012-06-15 0.780 4.892
2012-05-15 0.780 5.061
2012-04-16 0.780 5.123
2012-03-15 0.780 5.296
2012-02-15 0.780 5.031
2012-01-17 0.780 5.009
2011-12-15 0.780 5.131
2011-11-15 0.780 5.426
2011-10-17 0.780 5.610
2011-09-15 0.780 5.585
2011-08-15 0.780 5.434
2011-07-15 0.780 5.522
2011-06-15 0.780 5.564
2011-05-16 0.780 5.641
2011-03-15 0.780 5.815
2011-02-15 0.780 5.907
2011-01-18 0.780 5.872
2010-12-15 0.780 5.832
2010-11-15 0.780 5.607
2010-10-15 0.780 5.281
2010-09-15 0.780 5.113
2010-08-16 0.780 5.162
2010-07-15 0.780 5.266
2010-06-15 0.780 5.409
2010-05-17 0.780 5.355
2010-04-15 0.780 5.358
2010-03-15 0.780 5.455
2010-02-12 0.780 5.708
2010-01-15 0.780 5.803
2009-12-10 0.780 5.904
2009-11-16 0.708 5.416
2009-10-15 0.708 5.434
2009-09-15 0.708 5.370
2009-08-17 0.708 5.573
2009-06-25 0.708 5.717
2009-06-15 0.641 5.362
2009-05-15 0.641 5.152
2009-04-22 0.641 5.142

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Neuberger Berman New York Municipal Fund's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Neuberger Berman New York Municipal Fund's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Neuberger Berman New York Municipal Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neuberger Berman New York Municipal Fund has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NBO Management

 What is the CEO of Neuberger Berman New York Municipal Fund's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Conti
COMPENSATION $0
AGE 62
CEO Bio

Mr. Robert John Conti, also known as Bobby, has been the Chief Executive Officer and President of Neuberger Berman BD LLC since 2008. Mr. Conti has been a Managing Director at Neuberger Berman LLC since 2007. He serves as President and Chief Executive Officer of various funds in the fund complex of Neuberger Berman Funds. He has been an Employee of Neuberger Berman since 1980. He served as Vice President at General Electric Capital Corp. since 2004. Mr. Conti served as a Controller of NB Management until 1996, Investment Manager since 2002, Administrator since 2003 and Treasurer from 1996 to 1999. He served as a Senior Vice President at Neuberger Berman from 2003 to 2006 and Vice President from 1999 to 2003. He served as Vice President of sixteen registered investment companies for which NB Management acts as investment manager and administrator and Vice President of one registered investment company for which NB Management acts as investment adviser since 2006. He served as Chief Executive Officer, President, Trustee and Member of Executive Committee at Neuberger Berman Advisers Management Trust - Small Cap Growth Portfolio. Mr. Conti served a variety of positions in connection with Neuberger Berman's mutual funds business. He served as an Executive Vice President at Neuberger Berman's mutual funds. He serves as a Director and Trustee of 53 funds in the fund complex of Neuberger Berman Funds. He has been the Chairman of the Board of Staten Island Mental Health Society since 2008.

CEO Compensation
  • Insufficient data for Robert to compare compensation growth.
  • Insufficient data for Robert to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Robert Conti

TITLE
Chief Executive Officer
AGE
62

Joe Amato

TITLE
Director
AGE
56

John McGovern

TITLE
Principal Financial Officer
AGE
48

Chamaine Williams

TITLE
Chief Compliance Officer
AGE
47

Andrew Allard

TITLE
Chief Legal Officer and Anti-Money Laundering Compliance Officer
AGE
57

Claudia Brandon

TITLE
Executive Vice President and Secretary
AGE
62

Brian Kerrane

TITLE
Vice President
AGE
49

Owen McEntee

TITLE
Vice President
AGE
57

Agnes Diaz

TITLE
Vice President
AGE
47

Kevin Lyons

TITLE
Assistant Secretary
AGE
63
Board of Directors Tenure

Average tenure and age of the Neuberger Berman New York Municipal Fund board of directors in years:

12.2
Average Tenure
69
Average Age
  • The average tenure for the Neuberger Berman New York Municipal Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tom Seip

TITLE
Non-Executive Chairman
COMPENSATION
$21K
AGE
68
TENURE
10.3 yrs

Robert Conti

TITLE
Chief Executive Officer
AGE
62
TENURE
10.3 yrs

Joe Amato

TITLE
Director
AGE
56
TENURE
10.1 yrs

Faith Colish

TITLE
Independent Director
COMPENSATION
$18K
AGE
83
TENURE
17.3 yrs

Candace Straight

TITLE
Independent Director
COMPENSATION
$18K
AGE
70
TENURE
17.3 yrs

Michael Knetter

TITLE
Independent Director
COMPENSATION
$18K
AGE
58
TENURE
12.2 yrs

George Morriss

TITLE
Independent Director
COMPENSATION
$18K
AGE
71
TENURE
12.2 yrs

Martha Goss

TITLE
Independent Director
COMPENSATION
$16K
AGE
68
TENURE
11.8 yrs

Peter Trapp

TITLE
Independent Director
COMPENSATION
$18K
AGE
74
TENURE
17.3 yrs

Howard Mileaf

TITLE
Independent Director
COMPENSATION
$17K
AGE
81
TENURE
17.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
11. Dec 18 Sell Stephen Miller Individual 06. Dec 18 06. Dec 18 -2,250 $11.27 $-25,368
X
Management checks
We assess Neuberger Berman New York Municipal Fund's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Neuberger Berman New York Municipal Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NBO News

Simply Wall St News

NBO Company Info

Description

Neuberger Berman New York Municipal Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years. It seeks to invest in securities that are rated in the four highest categories by a statistical rating organization. The fund benchmarks the performance of its portfolio against the Barclays 10-Year Municipal Bond Index. It was formerly known as Neuberger Berman California Intermediate Municipal Fund Inc. Neuberger Berman New York Municipal Fund, Inc. was formed on September 24, 2002 and is domiciled in the United States.

Details
Name: Neuberger Berman New York Municipal Fund, Inc.
NBO
Exchange: AMEX
Founded: 2002
$61,639,842
5,077,417
Website: http://www.nb.com/Pages/Public/en-us/Products/new-york-intermediate-municipal-fund.aspx
Address: Neuberger Berman New York Municipal Fund, Inc.
1290 Avenue of the Americas,
New York City,
New York, 10104,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX NBO Common Shares NYSE MKT LLC US USD 25. Sep 2002
Number of employees
Current staff
Staff numbers
0
Neuberger Berman New York Municipal Fund employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 23:48
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/01/07
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.