Neuberger Berman High Income Bond Fund Institutional Class

 (MUTF:NHILX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week   +0.00%  
4 week   +0.78%
   
3 month   +1.93%
   
YTD   +2.93%
   
1 year   +6.99%
   
3 years*   +7.71%
   
5 years*   -  
*annualized
Best 3 month return+13.96%  
Worst 3 month return-6.79%  

Morningstar statistics

Morningstar category: High Yield Bond
  Return Risk Rating
3 years Average Above Average
5 years Average Above Average
10 years Above Average Average
Overall Average Above Average

Key statistics

Total assets3.46B 
Front load-  
Deferred load-  
Expense ratio0.70%  
Management fee-  
Fund familyNeuberger Berman 

Asset allocation

Cash3.93%  
Stocks0.00%  
Bonds96.06%  
Other0.00%  

Purchase information

Initial$1,000,000  
AIP Initial$1,000,000  
AIP Additional$100  
9.500.00(0.00%)
Apr 17, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high total return consistent with capital preservation. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in High-Yield Bonds. It normally expects to have a weighted averaged maturity between five and ten years. The fund does not normally invest in or continue to hold securities that are in default or have defaulted with respect to the payment of interest or repayment of principal, but may do so depending on market conditions. It may invest in securities whose ratings imply an imminent risk of default with respect to such payments.
Fund filings (PDF) »
Asset managers:
Russ Covode (Started: Feb 28, 2011)
Daniel Doyle (Started: Feb 28, 2014)
Thomas O'Reilly (Started: Oct 3, 2005)
Ann Benjamin (Started: Oct 3, 2005)
Advisor Company:
Neuberger Berman Management LLC
Fund family reports on Morningstar »
Neuberger Berman, 605 Third Avenue, New York NY 10158, USA
212-476-9192 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 7.63 6.14 13.74 4.53
Beta* 1.23 0.46 0.42 0.73
Mean annual return 0.63 0.66 1.32 0.68
R-squared* 58.90 3.43 1.92 7.38
Standard deviation 5.66 7.08 8.65 9.16
Sharpe ratio 1.33 1.11 1.82 0.71
* Against standard index

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