BackNeuberger Berman New York Municipal Fund Overview
Neuberger Berman New York Municipal Fund Inc

Neuberger Berman New York Municipal Fund Return on Equity

Neuberger Berman New York Municipal Fund (NBO) has a ROE of 3.49%, above the sector sector average of -5.87%.

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ROE

3.49%

Return on Equity

3.49%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

Average ROE (Comparison Companies)

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ROE History

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ROE Comparison

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Neuberger Berman New York Municipal Fund (NBO) FAQ

Neuberger Berman New York Municipal Fund's return on equity stands at 3.49%. That is above the sector sector average of -5.87%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Neuberger Berman New York Municipal Fund sits higher the its sector benchmark (-5.87%) with a ROE of 3.49%. That is roughly 159.4% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A ROE of 3.49% for Neuberger Berman New York Municipal Fund means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Neuberger Berman New York Municipal Fund's ROE evolved across reporting periods, while the comparison chart places NBO next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.