Neuberger Berman California Municipal Fund Inc.

Neuberger Berman California Municipal Fund Inc.verified

NBW

Price:

$9.49

Market Cap:

$52.68M

Neuberger Berman California Intermediate Municipal Fund Inc. is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and California state personal tax. It invests in securities with remaining maturities of less than 15 years. The fund seeks to maintain a weighted average duration of between three and eight years. It invests in securities rated in the four highest categories by a nationally recognized statistical rating organization. Neuberg...[Read more]

Industry

Asset Management

IPO Date

2002-10-22

Stock Exchange

AMEX

Ticker

NBW

The Current Ratio as of December 2024 (TTM) for Neuberger Berman California Municipal Fund Inc. (NBW) is 1.98

According to Neuberger Berman California Municipal Fund Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.98. This represents a change of -41.52% compared to the average of 3.38 of the last 4 quarters.

Neuberger Berman California Municipal Fund Inc. (NBW) Historical Current Ratio (quarterly & annually)

How has NBW Current Ratio performed in the past?

The mean historical Current Ratio of Neuberger Berman California Municipal Fund Inc. over the last ten years is 4.44. The current 1.98 Current Ratio has changed 4.35% with respect to the historical average. Over the past ten years (40 quarters), NBW's Current Ratio was at its highest in in the October 2011 quarter at 12.39. The Current Ratio was at its lowest in in the April 2018 quarter at 0.67.

Quarterly (TTM)
Annual

Average

4.44

Median

5.09

Minimum

0.72

Maximum

7.79

Neuberger Berman California Municipal Fund Inc. (NBW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Neuberger Berman California Municipal Fund Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 698.99%

Maximum Annual Current Ratio = 7.79

Minimum Annual Increase = -76.20%

Minimum Annual Current Ratio = 0.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20221.98-74.64%
20217.7934.63%
20205.79698.99%
20190.72-45.46%
20181.33-76.20%
20175.58-28.44%
20167.7969.37%
20154.6053.80%
20142.99-48.42%
20135.8016.14%

Neuberger Berman California Municipal Fund Inc. (NBW) Average Current Ratio

How has NBW Current Ratio performed in the past?

The current Current Ratio of Neuberger Berman California Municipal Fund Inc. (NBW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.18

5-year avg

3.52

10-year avg

4.44

Neuberger Berman California Municipal Fund Inc. (NBW) Current Ratio vs. Peers

How is NBW’s Current Ratio compared to its peers?

Neuberger Berman California Municipal Fund Inc.’s Current Ratio is less than Neuberger Berman New York Municipal Fund, Inc. (7.26), greater than Neuberger Berman Municipal Fund Inc. (0), greater than Eaton Vance California Municipal Income Trust (0), greater than Eaton Vance California Municipal Bond Fund (0), greater than Nuveen California AMT-Free Quality Municipal Income Fund (0.30),

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