Neuberger Berman Income Funds Discloses Jan 31, 2026 Portfolio

TL;DR

**Neuberger Berman Income Funds just dropped its Jan 31, 2026 portfolio, showing what's inside the Municipal Impact Fund.**

AI Summary

Neuberger Berman Income Funds (CIK: 0000723620) filed its NPORT-P report on March 24, 2026, detailing its portfolio as of January 31, 2026. The filing specifically highlights the Neuberger Municipal Impact Fund (Series S000039521) and its various share classes: Institutional Class (NMIIX), Class A (NIMAX), and Class C (NIMCX). This filing provides a snapshot of the fund's holdings, which is crucial for investors to understand how their money is being managed and the types of municipal bonds the fund is investing in, directly impacting potential returns and risk exposure.

Why It Matters

This filing gives investors a transparent look into the Neuberger Municipal Impact Fund's investments, allowing them to assess the fund's strategy and alignment with their own financial goals.

Risk Assessment

Risk Level: medium — The risk level is medium because municipal bonds, while generally stable, are still subject to interest rate risk and credit risk, which can impact the fund's performance.

Analyst Insight

Investors in NMIIX, NIMAX, or NIMCX should review the full NPORT-P document to understand the specific municipal bond holdings and assess if the fund's current strategy aligns with their investment objectives and risk tolerance.

Key Numbers

• 0000723620 — CIK (the Central Index Key for NEUBERGER BERMAN INCOME FUNDS)
• 2026-01-31 — Period of Report (the date the portfolio holdings are effective)
• 2026-03-24 — Filing Date (the date the NPORT-P was filed with the SEC)
• 811-03802 — File No. (the Investment Company Act file number for the fund)
• 133179654 — EIN (the Employer Identification Number for NEUBERGER BERMAN INCOME FUNDS)

Key Players & Entities

• NEUBERGER BERMAN INCOME FUNDS (company) — the filer of the NPORT-P report
• Neuberger Municipal Impact Fund (company) — a specific fund series within Neuberger Berman Income Funds
• NMIIX (company) — ticker symbol for the Institutional Class of the Neuberger Municipal Impact Fund
• NIMAX (company) — ticker symbol for Class A of the Neuberger Municipal Impact Fund
• NIMCX (company) — ticker symbol for Class C of the Neuberger Municipal Impact Fund
• January 31, 2026 (date) — the period of report for the NPORT-P filing
• March 24, 2026 (date) — the filing date of the NPORT-P report

Forward-Looking Statements

• The Neuberger Municipal Impact Fund will continue to focus on municipal bond investments. (Neuberger Municipal Impact Fund) — high confidence, target: 2027-01-31

FAQ

Filing Documents

• primary_doc.html (NPORT-P)
• primary_doc.xml (NPORT-P) — 138KB
• NPORT_9WR3_42212129_0126.htm (NPORT-EX) — 15094KB
• 0001410368-26-029182.txt ( ) — 15234KB
• S000039521
• C000121799 (NMIIX)
• C000201844 (NIMAX)
• C000201845 (NIMCX)

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM NPORT-P Monthly Portfolio Investments Report NPORT-P: Filer Information ********   Is this a LIVE or TEST Filing? LIVE TEST Would you like a Return Copy? Is this an electronic copy of an official filing submitted in paper format? Submission Contact Information Name   Phone   E-Mail Address   Notification Information Notify via Filing Website only? Series ID S000039521   Class (Contract) ID C000121799   Class (Contract) ID C000201844   Class (Contract) ID C000201845   NPORT-P: Part A: General Information Item A.1. Information about the Registrant. a. Name of Registrant NEUBERGER BERMAN INCOME FUNDS   b. Investment Company Act file number for Registrant: (e.g., 811-______) 811-03802   c. CIK number of Registrant d. LEI of Registrant 54930087F7MMJ21RIJ90   e. Address and telephone number of Registrant. Street Address 1 1290 AVENUE OF THE AMERICAS   Street Address 2   NEW YORK   Foreign country, if applicable UNITED STATES OF AMERICA   10104   Telephone number 212-476-8800   Item A.2. Information about the Series. a. Name of Series. Neuberger Berman Municipal Impact Fund   b. EDGAR series identifier (if any). S000039521   c. LEI of Series. 549300FZUUNZNTLATW46   Item A.3. Reporting period. a. Date of fiscal year-end. 2026-10-31   b. Date as of which information is reported. 2026-01-31   Item A.4. Final filing Does the Fund anticipate that this will be its final filing on Form N PORT? Yes No NPORT-P: Part B: Information About the Fund Report the following information for the Fund and its consolidated subsidiaries. Item B.1. Assets and liabilities. Report amounts in U.S. dollars. a. Total assets, including assets attributable to miscellaneous securities reported in Part D. 79719772.58   b. Total liabilities. 301152.48   c. Net assets. 79418620.10   Item B.2. Certain assets and liabilities. Report amounts in U.S. dollars. a. Assets attributable to miscellaneous securities reported in Part D. 0.00000000   b. Assets invested in a Controlled Foreign Corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities. 0.00000000   c. Borrowings attributable to amounts payable for notes payable, bonds, and similar debt, as reported pursuant to rule 6-04(13)(a) of Regulation S-X [17 CFR 210.6-04(13)(a)]. Amounts payable within one year. Banks or other financial institutions for borrowings. 0.00000000   Controlled companies. 0.00000000   Other affiliates. 0.00000000   Others. 0.00000000   Amounts payable after one year. Banks or other financial institutions for borrowings. 0.00000000   Controlled companies. 0.00000000   Other affiliates. 0.00000000   Others. 0.00000000   d. Payables for investments purchased either (i) on a delayed delivery, when-issued, or other firm commitment basis, or (ii) on a standby commitment basis. (i) On a delayed delivery, when-issued, or other firm commitment basis: 0.00000000   (ii) On a standby commitment basis: 0.00000000   e. Liquidation preference of outstanding preferred stock issued by the Fund. 0.00000000   f. Cash and cash equivalents not reported in Parts C and D. 81346.11000000   Item B.3. Portfolio level risk metrics. If the average value of the Fund's debt securities positions for the previous three months, in the aggregate, exceeds 25% or more of the Fund's net asset value, provide: Currency Metric: 1 ISO Currency code United States Dollar   a. Interest Rate Risk (DV01). For each currency for which the Fund had a value of 1% or more of the Fund’s net asset value, provide the change in value of the portfolio resulting from a 1 basis point change in interest rates, for each of the following maturities: 3 month, 1 year, 5 years, 10 years, and 30 years. Maturity period. 3 month. -448.92000000   1 year. -3172.50000000   5 years. -12651.48000000   10 years. -17741.07000000   30 years. -5972.75000000   b. Interest Rate Risk (DV100). For each currency for which the Fund had a value of 1% or more of the Fund’s net asset value, provide the change in value of the portfolio resulting from a 100 basis point change in interest rates, for each of the following maturities: 3 month, 1 year, 5 years, 10 years, and 30 years. Maturity period. 3 month. -45083.91000000   1 year. -324383.01000000   5 years. -1317249.16000000   10 years. -1910769.82000000   30 years. -663999.43000000   c. Credit Spread Risk (SDV01, CR01 or CS01). Provide the change in value of the portfolio resulting from a 1 basis point change in credit spreads where the shift is applied to the option adjusted spread, aggregated by investment grade and non-investment grade exposures, for each of the following maturities: 3 month, 1 year, 5 years, 10 years, and 30 years. Investment grade. Maturity period. 3 month. -253.83000000   1 year. -3469.58000000   5 years.

View Full Filing

View this NPORT-P filing on SEC EDGAR