Neuberger Berman Core Bond Fund Institutional Class

 (MUTF:NCRLX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week
   
-0.13%  
4 week   +1.49%
   
3 month   +2.38%
   
YTD   +5.34%
   
1 year   +5.43%
   
3 years*   +3.79%
   
5 years*   +3.55%
   
*annualized
Best 3 month return+8.63%  
Worst 3 month return-5.93%  

Morningstar statistics

Morningstar category: Intermediate-Term Bond
  Return Risk Rating
3 years Average Below Average
5 years Average Average
10 years Average Above Average
Overall Average Average

Key statistics

Total assets347.18M 
Front load-  
Deferred load-  
Expense ratio0.46%  
Management fee-  
Fund familyNeuberger Berman 

Asset allocation

Cash1.75%  
Stocks0.00%  
Bonds97.84%  
Preferred0.39%  
Other0.02%  

Purchase information

Initial$1,000,000  
AIP Initial$1,000,000  
AIP Additional$100  
10.640.00(0.00%)
Jul 21, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to maximize total return consistent with capital preservation. The fund normally invests primarily in a diversified mix of fixed rate and floating rate debt securities. The fund's investments may include securities issued by domestic and foreign governments, corporate entities, and trust structures. All of the debt securities in which the fund invests normally are investment grade. The fund normally will not invest more than 15% of its total assets in non-U.S. dollar denominated securities and, through hedging strategies, and the adviser will attempt to limit its exposure to currencies other than the U.S. dollar to 5% of its total assets.
Fund filings (PDF) »
Asset managers:
Thanos Bardas (Started: Feb 28, 2008)
David Brown (Started: Feb 28, 2008)
Bradley Tank (Started: Apr 24, 2009)
Thomas Marthaler (Started: Feb 28, 2013)
Andrew Johnson (Started: Apr 24, 2009)
Advisor Company:
Neuberger Berman Investment Advisers LLC
Fund family reports on Morningstar »
Neuberger Berman, 605 Third Avenue, New York, USA
212-476-9192 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.06 0.19 0.13 0.25
Beta* 0.86 0.88 0.91 0.98
Mean annual return 0.42 0.31 0.30 0.44
R-squared* 82.44 91.74 82.58 62.36
Standard deviation 2.19 2.44 2.78 3.96
Sharpe ratio 2.21 1.50 1.25 1.07
* Against standard index

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