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.
Neuberger Berman High Income Bond Instl NHILX
- NAV / 1-Day Return 7.56 / +0.07 %
- Total Assets 688.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 6.74%
- Effective Duration 3.53 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 11:58 PM GMT+0
Morningstar’s Analysis NHILX
Will NHILX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 | 2.96 | 20.2 Mil | Cash and Equivalents |
Carnival Holdings Bermuda Ltd. 10.375% | 0.79 | 5.4 Mil | Corporate |
Mozart Debt Merger Subordinated Inc. 5.25% | 0.56 | 3.8 Mil | Corporate |
CQP Holdco LP & Bip-V Chinook Holdco LLC 5.5% | 0.53 | 3.6 Mil | Corporate |
TransDigm, Inc. 6.75% | 0.53 | 3.6 Mil | Corporate |
Chart Industries Inc 7.5% | 0.49 | 3.4 Mil | Corporate |
GTCR W-2 Merger Sub LLC 7.5% | 0.49 | 3.4 Mil | Corporate |
Imola Merger Corp. 4.75% | 0.49 | 3.3 Mil | Corporate |
Equipmentshare Com Inc. 9% | 0.48 | 3.3 Mil | Corporate |
CSC Holdings, LLC 11.75% | 0.47 | 3.2 Mil | Corporate |