Neuberger Berman High Income Bond Fund Institutional Class (NHILX)

8.54
Net Asset Value
-0.12%
1 Day
-1.73%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.71%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return consistent with capital preservation. To pursue its goal- the fund normally invests mainly in a diversified portfolio of U.S. dollar-denominated- High-Yield Bonds- with an emphasis on debt securities rated below investment grade (commonly called "junk bonds"). The fund is normally expected to have a weighted averaged maturity between five and ten years.

Performance

1 month+0.70% 3 years+3.36%
3 months-0.72% 5 years+3.87%
1 year+2.65% Since inception+8.76%
Data through --

Peer Comparisonvs. High yield bond

 NHILXCategory
Performance 5-yr return+3.87%+3.82%
Expense ratio0.71%1.05%
Risk 5 year sharpe ratio0.690.79
Net assets$2.4B$1.3B
Average market cap--$6.2B
Average P/E----
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyNeuberger Berman
Fund manager & tenureThomas O'Reilly / 12 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income95.38%
Cash4.38%
Other0.24%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.08%
-- 1.07%
-- 1.00%
-- 0.93%
-- 0.89%
-- 0.83%
-- 0.77%
-- 0.73%
-- 0.72%
-- 0.71%