Morningstar

Neuberger Strategic Income Fund I Class NSTLX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Investment Hub
  • NAV / 1-Day Return 9.57  /  −0.10 %
  • Total Assets 7.9B
  • 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 5.93%
  • Effective Duration 5.44 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 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.

A compelling multisector bond offering.

Associate Analyst Rafael Ramirez

Rafael Ramirez

Associate Analyst

Summary

Neuberger Strategic Income’s seasoned team executes a structured and thoughtful multisector bond process boosted by strong credit research.

by Rafael Ramirez
Rated on Published on

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Portfolio Holdings NSTLX

More NSTLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 26

8.72 1B
Government

Us 5yr Note (Cbt) Dec26 Xcbt 20261231

8.34 1B
Government

3 Month SOFR Future Mar 27

6.67 840M
Government

Long-Term Euro BTP Future Sept 26

2.91 367M
Government

Federal National Mortgage Association 5.5%

2.89 364M
Securitized

10 Year Treasury Note Future Dec 26

2.51 316M
Government

Federal National Mortgage Association 5%

1.92 242M
Securitized

Federal National Mortgage Association 6%

1.59 200M
Securitized

5 Year Government of Canada Bond Future Dec 26

1.40 176M
Government

Federal National Mortgage Association 4.5%

1.30 164M
Securitized

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