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 A NHIAX
- NAV / 1-Day Return 7.60 / +0.18 %
- Total Assets 622.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.120%
- Distribution Fee Level High
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 6.59%
- Effective Duration 3.43 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:04 AM GMT+0
Morningstar’s Analysis NHIAX
Will NHIAX 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 5.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ssc Government Mm Gvmxx | 3.73 | 23.5 Mil | Cash and Equivalents |
Medline Borrower LP 5.25% | 0.99 | 6.2 Mil | Corporate |
Carnival Holdings Bermuda Ltd. 10.375% | 0.74 | 4.7 Mil | Corporate |
Block Inc 6.5% | 0.55 | 3.5 Mil | Corporate |
TransDigm, Inc. 6.75% | 0.53 | 3.3 Mil | Corporate |
GTCR W-2 Merger Sub LLC 7.5% | 0.49 | 3.1 Mil | Corporate |
Minerva Merger Subordinated Inc. 6.5% | 0.47 | 3.0 Mil | Corporate |
Mauser Packaging Solutions Holding Co. 9.25% | 0.46 | 2.9 Mil | Corporate |
UKG Inc. 6.875% | 0.45 | 2.8 Mil | Corporate |
EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% | 0.45 | 2.8 Mil | Corporate |