Neuberger Berman Commodity Strategy C
Name
As of 10/07/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.4%
1 yr return
36.3%
3 Yr Avg Return
19.4%
5 Yr Avg Return
11.5%
Net Assets
$250 M
Holdings in Top 10
43.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.86%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NRBCX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return 19.4%
- 5 Yr Annualized Total Return 11.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.55%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameNeuberger Berman Commodity Strategy Fund
-
Fund Family NameNeuberger Berman
-
Inception DateMar 24, 2021
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerHakan Kaya
Fund Description
NRBCX - Performance
Return Ranking - Trailing
Period | NRBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -49.1% | 331.2% | 81.58% |
1 Yr | 36.3% | -88.7% | 188.9% | 57.47% |
3 Yr | 19.4%* | -47.9% | 52.4% | 51.66% |
5 Yr | 11.5%* | -39.9% | 82.1% | 42.20% |
10 Yr | N/A* | -29.8% | 27.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | NRBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.8% | -58.5% | 1912.1% | 86.88% |
2022 | -2.8% | -87.8% | 612.3% | 64.68% |
2021 | 10.2% | -88.2% | 438.4% | 27.83% |
2020 | -12.6% | -81.2% | 323.8% | 42.33% |
2019 | 2.9% | -37.6% | 55.7% | 42.11% |
Total Return Ranking - Trailing
Period | NRBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -49.6% | 331.2% | 63.60% |
1 Yr | 35.4% | -88.7% | 188.9% | 57.92% |
3 Yr | 19.4%* | -47.9% | 52.4% | 49.29% |
5 Yr | 11.5%* | -39.9% | 82.1% | 38.15% |
10 Yr | N/A* | -29.8% | 27.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NRBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.8% | -58.5% | 1912.1% | 86.88% |
2022 | -2.8% | -87.8% | 612.3% | 64.68% |
2021 | 10.2% | -88.2% | 438.4% | 28.30% |
2020 | -11.3% | -81.2% | 323.8% | 33.74% |
2019 | 5.2% | -37.6% | 55.7% | 38.82% |
NAV & Total Return History
NRBCX - Holdings
Concentration Analysis
NRBCX | Category Low | Category High | NRBCX % Rank | |
---|---|---|---|---|
Net Assets | 250 M | 348 K | 63.1 B | 49.14% |
Number of Holdings | 102 | 1 | 846 | 32.47% |
Net Assets in Top 10 | 112 M | 0 | 63.2 B | 72.73% |
Weighting of Top 10 | 43.21% | 20.7% | 100.0% | 89.36% |
Top 10 Holdings
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
- NB CAYMAN COMMODITY FUND I LTD MUTUAL FUND 21.64%
Asset Allocation
Weighting | Return Low | Return High | NRBCX % Rank | |
---|---|---|---|---|
Bonds | 53.08% | 0.00% | 96.71% | 19.48% |
Cash | 32.20% | -81.87% | 100.00% | 48.68% |
Other | 13.88% | -47.59% | 165.73% | 73.68% |
Convertible Bonds | 0.84% | 0.00% | 3.89% | 19.74% |
Stocks | 0.00% | 0.00% | 92.26% | 68.18% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 59.87% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NRBCX % Rank | |
---|---|---|---|---|
Corporate | 46.35% | 0.00% | 46.35% | 0.73% |
Cash & Equivalents | 37.39% | 0.00% | 100.00% | 76.64% |
Securitized | 16.26% | 0.00% | 36.61% | 10.95% |
Derivative | 0.00% | 0.00% | 100.00% | 69.34% |
Municipal | 0.00% | 0.00% | 1.45% | 64.23% |
Government | 0.00% | 0.00% | 100.00% | 94.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NRBCX % Rank | |
---|---|---|---|---|
US | 49.84% | 0.00% | 97.72% | 19.74% |
Non US | 3.24% | -1.01% | 21.42% | 25.66% |
NRBCX - Expenses
Operational Fees
NRBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.86% | 0.10% | 3.08% | 9.25% |
Management Fee | 0.76% | 0.00% | 1.75% | 73.39% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 93.42% |
Administrative Fee | 0.26% | 0.02% | 0.45% | 69.70% |
Sales Fees
NRBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 4.00% | 76.92% |
Trading Fees
NRBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NRBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 460.74% | 84.33% |
NRBCX - Distributions
Dividend Yield Analysis
NRBCX | Category Low | Category High | NRBCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 49.89% | 2.30% |
Dividend Distribution Analysis
NRBCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
NRBCX | Category Low | Category High | NRBCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.55% | -55.71% | 52.26% | 86.99% |
Capital Gain Distribution Analysis
NRBCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 28, 2022 | $0.594 | OrdinaryDividend |
Dec 22, 2021 | $2.509 | OrdinaryDividend |
Dec 23, 2019 | $0.034 | OrdinaryDividend |
Dec 19, 2019 | $0.034 | OrdinaryDividend |
Dec 20, 2017 | $0.128 | OrdinaryDividend |
NRBCX - Fund Manager Analysis
Managers
Hakan Kaya
Start Date
Tenure
Tenure Rank
Aug 27, 2012
9.76
9.8%
Hakan Kaya, PhD, Senior Vice President, joined the firm in 2008. Dr. Hakan is a Senior Portfolio Manager on the Quantitative and Multi-Asset Class (“QMAC”) team responsible for Global Risk Balanced Portfolios and Commodities. He contributes to asset allocation research with a focus on risk management and has a record of publishing research in both refereed journals and white papers on timely investment issues. Prior to joining NBIA, he was a consultant with Mount Lucas Management Corporation where he developed weather risk and statistical relative value models for commodities investment. Dr. Kaya received BS degrees summa cum laude in Mathematics and Industrial Engineering from Koc University in Istanbul, Turkey and holds a PhD in Operations Research & Financial Engineering from Princeton University.
David "Yi" Wan
Start Date
Tenure
Tenure Rank
Feb 29, 2016
6.25
6.3%
David Yi Wan is a Senior Vice President of the Manager. He joined the Neuberger Berman Investment Advisers in 2001 and is a Portfolio Manager with the Quantitative Investment Group. Prior to joining the firm, he worked in Information Management at another investment firm.
Michael Foster
Start Date
Tenure
Tenure Rank
May 18, 2021
1.04
1.0%
Michael J. Foster, Managing Director, joined the firm in 1999. Mike is a Senior Portfolio Manager on multiple fixed income strategies, including Enhanced Cash and Short Duration, as well as high quality strategies across the yield curve. Prior to joining the firm, Mike worked in the Fixed Income division of Bear Stearns (1994-1997). Mike earned a BA from Lehigh University and a MBA from the University of Rochester, Simon Business School.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 17.03 | 5.77 | 11.51 |