Neuberger Berman High Income Bond Fund Institutional Class (NHILX)

8.56
Net Asset Value
-0.12%
1 Day
-1.50%
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 adviser normally expects to have a weighted averaged maturity between five and ten years.

Performance

1 month-1.47% 3 years+3.48%
3 months-0.49% 5 years+4.19%
1 year+2.21% Since inception+9.15%
Data through --

Peer Comparisonvs. High yield bond

 NHILXCategory
Performance 5-yr return+4.19%+4.63%
Expense ratio0.71%1.04%
Risk 5 year sharpe ratio0.840.92
Net assets$2.8B$1.4B
Average market cap--$5.8B
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 income98.06%
Cash1.60%
Other0.34%
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
HYG iShares iBoxx $ High Yield Corporate Bond ETF2.44%
-- 1.09%
-- 1.03%
-- 1.02%
-- 0.96%
-- 0.82%
-- 0.78%
-- 0.75%
-- 0.73%
-- 0.72%