Morningstar

Neuberger Strategic Income Fund I Class NSTLX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Investment Hub
  • NAV / 1-Day Return 10.06  /  +0.40 %
  • Total Assets 8.1B
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.590%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.55%
  • Effective Duration 5.44 years

USD | NAV as of Jun 12, 2026 | 1-Day Return as of Jun 12, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NSTLX

Will NSTLX outperform in the 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 NSTLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Plenty to like.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Neuberger Strategic Income’s cohesive leadership and structured multisector approach make for a compelling multisector bond offering.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NSTLX

More NSTLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 26

8.85 1B
Government

3 Month SOFR Future Mar 27

5.39 637M
Government

3 Month SOFR Future Sept 26

5.12 605M
Government

Federal National Mortgage Association 5.5%

3.11 368M
Securitized

2 Year Government of Canada Bond Future June 26

2.93 346M
Government

Ssc Government Mm Gvmxx

2.68 317M
Cash and Equivalents

Federal National Mortgage Association 5%

2.41 285M
Securitized

Federal National Mortgage Association 4.5%

2.09 247M
Securitized

Federal National Mortgage Association 6%

1.46 172M
Securitized

Government National Mortgage Association 5%

0.95 112M
Securitized

Sponsor Center