Strength in Neuberger Berman Floating Rate Inc A's People Pillaris partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
- NAV / 1-Day Return 9.11 / 0.09 %
- Total Assets 428.3 Mil
-
Adj. Expense Ratio
0.970%
- 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 6.91%
- Effective Duration 0.44 years
Morningstar’s Analysis NFIAX
Will NFIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Apr 30, 2023
- Equity Holdings 5
- Bond Holdings 385
- Other Holdings 4
- % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
State Street Instl US Govt MMkt Premier
6.17
28,091,133
Cash and Equivalents
GVC HOLDINGS (GIBRALTAR) LTD 2022 TERM LOAN B
0.76
3,471,709
Corporate
GREAT OUTDOORS GROUP LLC 2021 TERM LOAN B1
0.71
3,208,875
Corporate
COVIA HOLDINGS CORPORATION 2020 PIK TAKE BACK TERM LOAN
0.65
2,938,494
Corporate
Air Canada 2021 Term Loan B
0.63
2,857,754
Corporate
MCAFEE LLC 2022 USD TERM LOAN B
0.62
2,836,367
Corporate
ATHENAHEALTH INC 2022 TERM LOAN B
0.61
2,782,046
Corporate
CQP HOLDCO LP 2021 TERM LOAN B
0.60
2,736,693
Corporate
U.S. Silica Company 2023 Term Loan B
0.59
2,687,170
Corporate
AMENTUM GOVT SERVICES HLDGS 2022 TERM LOAN
0.58
2,656,141
Corporate