Strength in Neuberger Berman Floating Rate Inc Inst's People Pillaris partially offset by an Average Process Pillar rating, leading to a Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.
- NAV / 1-Day Return 9.27 / 0.03 %
- Total Assets 456.1 Mil
Adj. Expense Ratio
- Expense Ratio 0.610%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low / Limited
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 5.75%
- Effective Duration 0.44 years
Morningstar’s Analysis NFIIX
Will NFIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.