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Neuberger Berman Floating Rate Inc A NFIAX

Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 9.43  /  +0.09 %
  • Total Assets 438.5 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.32%
  • Effective Duration 0.38 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 11:58 PM GMT+0

Morningstar’s Analysis NFIAX

Will NFIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Neuberger Berman Floating Rate Inc A to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings NFIAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 7.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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