NBH vs TEI

Comparison between Neuberger Berman Municipal Fund Inc (NBH, ETF) and Templeton Emerging Markets Income Fund Inc (TEI, ETF).

5-Year PerformanceTEI has outperformed NBH, delivering a return of +9.2% compared to -2.9%

NBH vs TEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBH(ETF)	TEI(ETF)
Net Assets	$333M	$333M
Max Drawdown	49.69%	76.06%
Sharpe Ratio	0.97	1.64
5Y Beta	0.19	0.43
5Y Dividends CAGR	-1.21%	7.41%

Net Assets

NBH

$333M

Winner

TEI

$333M

Max Drawdown

Winner

NBH

49.69%

TEI

76.06%

Sharpe Ratio

NBH

0.97

Winner

TEI

1.64

5Y Beta

Winner

NBH

0.19

TEI

0.43

5Y Dividends CAGR

NBH

-1.21%

Winner

TEI

7.41%

NBH vs TEI - Historical Returns

Returns include dividend reinvestment.

Period	NBH	TEI
1 month	+0.13%	+3.65%
3 months	+1.77%	+5.85%
6 months	+3.78%	+6.88%
1 year	+12.73%	+30.05%
5 years(CAGR)	-2.92%	+9.24%
10 years(CAGR)	+0.38%	+4.81%
Max(CAGR)	+3.98%	+8.73%

NBH

+0.13%

Winner

TEI

+3.65%

NBH

+1.77%

Winner

TEI

+5.85%

NBH

+3.78%

Winner

TEI

+6.88%

NBH

+12.73%

Winner

TEI

+30.05%

5Y(CAGR)

NBH

-2.92%

Winner

TEI

+9.24%

10Y(CAGR)

NBH

+0.38%

Winner

TEI

+4.81%

Max(CAGR)

NBH

+3.98%

Winner

TEI

+8.73%

NBH vs TEI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NBH	TEI
2026	+5.72%	+8.35%
2025	+3.72%	+44.74%
2024	+5.10%	+11.55%
2023	+2.61%	+6.58%
2022	-28.53%	-16.16%
2021	+4.67%	+3.72%
2020	+4.47%	-8.82%
2019	+25.05%	+2.13%
2018	-9.40%	-6.11%
2017	-2.94%	+6.64%
2016	+9.20%	+16.78%
2015	+7.37%	-4.20%
2014	+17.41%	-9.18%
2013	-9.28%	-13.66%
2012	+6.63%	+23.47%
2011	+21.40%	+1.47%
2010	+10.30%	+21.51%
2009	+22.48%	+60.21%
2008	-8.12%	-20.82%
2007	-1.92%	+6.33%
2006	+9.24%	+17.46%
2005	+7.01%	-4.45%
2004	+2.11%	+12.54%
2003	+5.39%	+29.10%
2002	-9.14%	+19.26%
2001	N/A	+25.59%
2000	N/A	+15.18%
1999	N/A	-0.70%

NBH vs TEI Drawdown Comparison

The maximum drawdown for NBH was -43.50%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The maximum drawdown for TEI was -51.48%, occurring on Nov 20, 2008. Recovery took 313 trading sessions.

The current NBH drawdown is -22.09%. The current TEI drawdown is -0.88%.

Rank	NBH	TEI
#1	-43.50% Aug 27, 2021 - Oct 25, 2023	-51.48% May 5, 2008 - Jul 31, 2009
#2	-32.21% Feb 25, 2020 - Jan 11, 2021	-44.66% Mar 8, 2013 - Jun 26, 2025
#3	-26.07% Jan 16, 2008 - Jan 5, 2009	-22.39% Mar 31, 2004 - Oct 14, 2004
#4	-21.60% Nov 23, 2012 - Dec 4, 2014	-19.35% Jul 17, 2007 - Feb 27, 2008
#5	-18.63% Aug 23, 2016 - Jul 17, 2019	-18.36% May 22, 2002 - Dec 20, 2002
#6	-16.00% Mar 17, 2004 - Jun 16, 2005	-18.17% Jun 8, 2011 - Jul 5, 2012
#7	-13.79% Nov 1, 2002 - May 8, 2003	-14.50% Feb 12, 2026 - Jun 30, 2026
#8	-12.64% Jul 3, 2003 - Feb 27, 2004	-13.64% Mar 9, 2005 - Oct 3, 2005
#9	-12.16% Oct 26, 2010 - Aug 17, 2011	-12.96% Jul 2, 2001 - Nov 7, 2001
#10	-10.82% Jan 5, 2009 - May 19, 2009	-12.55% Feb 28, 2006 - Sep 1, 2006
#11	-8.96% Sep 27, 2006 - Jan 14, 2008	-12.24% May 3, 2010 - Jul 9, 2010
#12	-8.21% Feb 24, 2012 - Mar 30, 2012	-12.14% Mar 10, 2003 - May 7, 2003
#13	-7.71% Aug 2, 2012 - Sep 17, 2012	-10.84% Oct 14, 2009 - Nov 18, 2009
#14	-7.43% Jan 28, 2015 - Oct 6, 2015	-10.57% Sep 8, 2000 - Jan 8, 2001
#15	-7.39% Feb 9, 2021 - Apr 15, 2021	-10.09% Jan 11, 2010 - Apr 1, 2010

Correlation

Correlation between NBH and TEI is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

NBH vs TEI dividend yield comparison.

Year	NBH	TEI
2026	3.13%	4.22%
2025	6.43%	13.57%
2024	5.33%	11.11%
2023	4.49%	11.09%
2022	6.14%	11.88%
2021	4.89%	10.44%
2020	4.93%	7.34%
2019	4.86%	8.51%
2018	6.04%	9.27%
2017	5.53%	5.56%
2016	5.54%	7.33%
2015	5.73%	8.24%
2014	5.47%	10.53%
2013	5.98%	10.58%
2012	4.76%	10.79%
2011	5.28%	9.01%
2010	6.00%	7.58%
2009	5.18%	7.81%
2008	5.73%	15.76%
2007	5.15%	10.18%
2006	5.73%	7.74%
2005	5.99%	7.81%
2004	6.07%	7.27%
2003	5.89%	9.75%
2002	0.98%	10.73%
2001	0.00%	12.61%
2000	0.00%	13.31%
1999	0.00%	3.33%