Skip to Content
Morningstar

Neuberger Berman Core Bond A NCRAX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 8.47  /  0.11 %
  • Total Assets 651.8 Mil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.780%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.78%
  • Effective Duration 6.67 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis NCRAX

Will NCRAX 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 NCRAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NCRAX 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 NCRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Trending Upward.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

Neuberger Berman Core Bond’s experienced management team leverages its vast credit research resources, but the leeway granted to them can cause periods of higher volatility, supporting Morningstar Analyst Ratings from Bronze to Negative, depending on fees.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NCRAX

More NCRAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 834
  • Other Holdings 5
  • % Assets in Top 10 Holdings 28.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 2 Year Treasury Note

18.86
151,630,688
Government

United States Treasury Notes 3.125%

1.93
15,544,099
Government

United States Treasury Notes 3.875%

1.75
14,045,281
Government

United States Treasury Notes 3.875%

1.71
13,773,351
Government

United States Treasury Notes 4.125%

1.38
11,100,391
Government

United States Treasury Notes 4.125%

1.10
8,827,969
Government

United States Treasury Notes 4.125%

1.01
8,131,187
Government

United States Treasury Bonds 3.875%

0.96
7,681,020
Government

United States Treasury Bonds 3.625%

0.94
7,521,638
Government

Us 5yr Note (Cbt) Dec23 Xcbt 20231229

0.88
7,056,844
Government