NIMCX

About NIMCX

Neuberger Berman Municipal Impact Fund Class C is an actively managed municipal bond mutual fund focused on generating federally tax‑exempt income while directing capital to projects that advance environmental and social objectives in the United States. The fund invests primarily in investment‑grade municipal securities, targeting bonds that finance sustainable community initiatives aligned with themes such as clean water, renewable energy, transportation, public education, and affordable housing. It emphasizes impact selection alongside traditional credit research, seeking diversification benefits relative to corporate credit and equities. The strategy’s design positions it within the national intermediate municipal category, balancing interest‑rate sensitivity and credit quality to pursue steady tax‑advantaged income streams. Class C shares feature a higher ongoing expense structure relative to other share classes but avoid a front‑end sales load, with a contingent deferred sales charge that typically declines after the first year. Portfolio management and firm resources underscore a disciplined process, with periodic commentaries providing market context and performance attribution. The fund serves investors aiming to pair municipal income with measurable societal outcomes through U.S. public‑purpose financing.