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Morningstar

Neuberger Berman High Income Bond C NHICX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 7.42  /  −0.11 %
  • Total Assets 609.7 Mil
  • Adj. Expense Ratio
    1.860%
  • Expense Ratio 1.860%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.62%
  • Effective Duration 3.53 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:09 AM GMT+0

Morningstar’s Analysis NHICX

Will NHICX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NHICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NHICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NHICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy hasn’t stood out in a crowded field.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

The research resources at the disposal of Neuberger Berman High Income’s manager duo are expansive, but this group continues to struggle to add value versus its index or high-yield peers.

by Max Curtin
Rated on Published on

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Portfolio Holdings NHICX

More NHICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ssc Government Mm Gvmxx

4.63 32.1 Mil
Cash and Equivalents

Carnival Holdings Bermuda Ltd. 10.375%

0.77 5.4 Mil
Corporate

Medline Borrower LP 5.25%

0.72 5.0 Mil
Corporate

TransDigm, Inc. 6.75%

0.52 3.6 Mil
Corporate

CQP Holdco LP & Bip-V Chinook Holdco LLC 5.5%

0.50 3.5 Mil
Corporate

GTCR W-2 Merger Sub LLC 7.5%

0.48 3.4 Mil
Corporate

Equipmentshare Com Inc. 9%

0.47 3.3 Mil
Corporate

Minerva Merger Subordinated Inc. 6.5%

0.46 3.2 Mil
Corporate

Chart Industries Inc 7.5%

0.46 3.2 Mil
Corporate

UKG Inc. 6.875%

0.45 3.1 Mil
Corporate