Neuberger Berman Income Funds - Neuberger Municipal Fund (NBH) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Neuberger Berman Income Funds - Neuberger Municipal Fund (NBH) ten years ago, at the end of Oct 2016, was worth $10,558 at the end of Oct 2026 with every dividend reinvested: 0.5% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $20,610 reinvested (3.9% a year), or $18,281 taking the dividends as cash, $10,925 of it paid out along the way.
NBH became
$20,610
S&P 500: $72,756
Return a year
3.9%
S&P 500: 11.1%
Payouts reinvested
$18,527
bought more shares
Worst drop
-41.3%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NBH total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −1.4% | $1,150 | +11.7% |
| 2025 | +4.2% | $1,302 | +17.7% |
| 2024 | +5.3% | $1,032 | +24.9% |
| 2023 | +4.0% | $849 | +26.2% |
| 2022 | −28.2% | $1,079 | −18.2% |
| 2021 | +5.6% | $1,205 | +28.7% |
| 2020 | +3.8% | $1,178 | +18.3% |
| 2019 | +27.9% | $1,089 | +31.2% |
| 2018 | −9.3% | $1,076 | −4.6% |
| 2017 | −4.1% | $1,068 | +21.7% |
| 2016 | +9.4% | $1,130 | +12.0% |
| 2015 | +6.7% | $1,060 | +1.2% |
| 2014 | +17.8% | $952 | +13.5% |
| 2013 | −8.2% | $878 | +32.3% |
| 2012 | +7.0% | $828 | +16.0% |
| 2011 | +20.3% | $802 | +1.9% |
| 2010 | +10.7% | $739 | +15.1% |
| 2009 | +24.8% | $591 | +26.4% |
| 2008 | −7.0% | $519 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NBH total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Neuberger Berman Income Funds - Neuberger Municipal Fund (NBH) at the end of Dec 2007, with dividends reinvested, was worth $20,610 at the end of Oct 2026: 3.9% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, NBH turned $10,000 into $10,558 with dividends reinvested, 0.5% a year.
- Over the 5 years to Oct 2026, NBH returned -3.9% a year with dividends reinvested (S&P 500: 12.0%).
- Taking NBH's dividends as cash instead of reinvesting them, the same $10,000 ended at $18,281, including $10,925 of cash received; reinvesting added $2,329.
- NBH's best calendar year in that time was 2019 (27.9%) and its worst 2022 (-28.2%), with dividends reinvested.
Cite this page
SmarterDividends, "Neuberger Berman Income Funds - Neuberger Municipal Fund (NBH) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NBH/total-return
NBH total return questions
If I invested $10,000 in NBH 10 years ago, how much would I have?
About $10,558 at the end of Oct 2026, with every dividend reinvested: 0.5% a year. Taking them as cash, you'd have shares worth $6,167 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is NBH's total return since Dec 2007?
106% in total, or 3.9% a year, through Oct 2026 with dividends reinvested. The share price alone fell 26%.
How much of NBH's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $2,329 better off on a $10,000 start.
What was NBH's worst year?
2022, at -28.2% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -41.3%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.