TEI vs NBH

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

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

TEI vs NBH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

TEI

$333M

NBH

$333M

Max Drawdown

TEI

76.06%

Winner

NBH

49.69%

Sharpe Ratio

Winner

TEI

1.64

NBH

0.97

5Y Beta

TEI

0.43

Winner

NBH

0.19

5Y Dividends CAGR

Winner

TEI

7.41%

NBH

-1.21%

TEI vs NBH - Historical Returns

Returns include dividend reinvestment.

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

Winner

TEI

+3.65%

NBH

+0.13%

Winner

TEI

+5.85%

NBH

+1.77%

Winner

TEI

+6.88%

NBH

+3.78%

Winner

TEI

+30.05%

NBH

+12.73%

5Y(CAGR)

Winner

TEI

+9.24%

NBH

-2.92%

10Y(CAGR)

Winner

TEI

+4.81%

NBH

+0.38%

Max(CAGR)

Winner

TEI

+8.73%

NBH

+3.98%

TEI vs NBH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

TEI vs NBH Drawdown Comparison

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

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

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

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

Correlation

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

0.84

-101

Dividend Comparison (1999 - 2026)

TEI vs NBH dividend yield comparison.

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