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Morningstar

Neuberger Berman Core Bond Inst NCRLX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 8.76  /  0.59 %
  • Total Assets 619.3 Mil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 4.37%
  • Effective Duration 6.51 years

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 11:16 PM GMT+0

Morningstar’s Analysis NCRLX

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

People Pillar

The People Pillar is our evaluation of the NCRLX 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 NCRLX’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

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Portfolio Holdings NCRLX

More NCRLX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 841
  • Other Holdings 6
  • % Assets in Top 10 Holdings 21.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 23

11.99
84,207,500
Government

United States Treasury Notes 3.875%

2.14
15,025,440
Government

Us 5yr Note (Cbt) Dec23 Xcbt 20231229

2.11
14,835,672
Government

United States Treasury Notes 4.125%

1.55
10,901,239
Government

United States Treasury Notes 4.375%

1.28
9,019,184
Government

United States Treasury Notes 4.125%

0.95
6,701,310
Government

United States Treasury Bills 0.01%

0.88
6,200,553
Government

United States Treasury Notes 0.75%

0.79
5,511,864
Government

United States Treasury Notes 3.875%

0.71
5,014,489
Government

WarnerMedia Holdings Inc. 5.141%

0.71
4,995,774
Corporate