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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$3.38 M

-

2.36%

Vitals

YTD Return

-5.0%

1 yr return

-1.5%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

-1.8%

Net Assets

$3.38 M

Holdings in Top 10

52.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.36%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 61.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$3.38 M

-

2.36%

NUBCX - Profile

Distributions

  • YTD Total Return -5.0%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return -1.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Neuberger Berman Unconstrained Bond Fund
  • Fund Family Name
    Neuberger Berman
  • Inception Date
    Feb 13, 2014
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jon Jonsson

Fund Description


NUBCX - Performance

Return Ranking - Trailing

Period NUBCX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -21.3% 16.6% 70.06%
1 Yr -1.5% -23.1% 14.0% 59.62%
3 Yr -2.8%* -12.1% 4.8% 79.23%
5 Yr -1.8%* -6.5% 4.4% 77.98%
10 Yr N/A* -4.8% 2.4% N/A

* Annualized

Return Ranking - Calendar

Period NUBCX Return Category Return Low Category Return High Rank in Category (%)
2023 1.3% -7.4% 12.4% 66.56%
2022 -5.7% -9.2% 0.8% 74.25%
2021 2.8% -12.3% 9.4% 21.43%
2020 -0.9% -2.8% 10.7% 93.56%
2019 -4.6% -11.1% 4.8% 54.95%

Total Return Ranking - Trailing

Period NUBCX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -21.3% 16.6% 70.37%
1 Yr -1.5% -23.1% 14.0% 59.62%
3 Yr -2.8%* -8.9% 4.5% 80.77%
5 Yr -1.8%* -4.5% 5.6% 83.03%
10 Yr N/A* -4.8% 4.5% N/A

* Annualized

Total Return Ranking - Calendar

Period NUBCX Return Category Return Low Category Return High Rank in Category (%)
2023 1.3% -7.0% 12.6% 68.23%
2022 -5.7% -9.2% 4.1% 83.21%
2021 2.8% -3.1% 15.2% 46.43%
2020 -0.9% -2.8% 17.7% 94.42%
2019 -4.6% -10.1% 5.4% 70.79%

NUBCX - Holdings

Concentration Analysis

NUBCX Category Low Category High NUBCX % Rank
Net Assets 3.38 M 10.3 K 31.9 B 97.08%
Number of Holdings 38 1 4971 86.12%
Net Assets in Top 10 2.11 M -3.42 B 7.79 B 80.13%
Weighting of Top 10 52.03% 5.6% 866.9% 29.29%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High NUBCX % Rank
Bonds
76.21% -2367.93% 258.37% 56.47%
Cash
18.14% -417.73% 2217.71% 36.59%
Convertible Bonds
5.65% -1.28% 141.94% 15.46%
Stocks
0.00% -71.93% 392.17% 63.72%
Preferred Stocks
0.00% 0.00% 23.00% 58.99%
Other
0.00% -14.54% 43.46% 63.41%

Bond Sector Breakdown

Weighting Return Low Return High NUBCX % Rank
Corporate
58.25% 0.00% 100.00% 8.20%
Securitized
21.25% 0.00% 95.53% 49.21%
Cash & Equivalents
20.00% -103.66% 100.00% 37.54%
Government
0.50% -7.42% 398.07% 74.45%
Derivative
0.00% -238.73% 68.93% 73.50%
Municipal
0.00% 0.00% 80.02% 58.68%

Bond Geographic Breakdown

Weighting Return Low Return High NUBCX % Rank
US
46.35% -136.19% 252.28% 53.00%
Non US
29.86% -2231.74% 183.34% 31.23%

NUBCX - Expenses

Operational Fees

NUBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.36% 0.31% 14.11% 12.82%
Management Fee 0.72% 0.00% 2.15% 66.26%
12b-1 Fee 1.00% 0.00% 1.00% 88.95%
Administrative Fee 0.27% 0.03% 0.45% 88.51%

Sales Fees

NUBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load 1.00% 1.00% 5.00% 48.94%

Trading Fees

NUBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% 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.

NUBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 2.00% 532.00% 35.69%

NUBCX - Distributions

Dividend Yield Analysis

NUBCX Category Low Category High NUBCX % Rank
Dividend Yield 0.00% 0.00% 4.63% 10.33%

Dividend Distribution Analysis

NUBCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NUBCX Category Low Category High NUBCX % Rank
Net Income Ratio 2.36% -0.23% 6.94% 78.41%

Capital Gain Distribution Analysis

NUBCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Distributions History

View More +

NUBCX - Fund Manager Analysis

Managers

Jon Jonsson


Start Date

Tenure

Tenure Rank

Feb 13, 2014

6.47

6.5%

Jon Jonsson is a Managing Director of Neuberger Berman Europe Limited . He joined the firm in 2013. Mr. Jonsson is a Senior Portfolio Manager for the Global Fixed Income strategies and is a member of the Investment Grade Fixed Income Senior Portfolio Management Strategy Team. Prior to joining the firm, Jon was employed by another investment firm for 15 years where he worked in similar capacities.

Thanos Bardas


Start Date

Tenure

Tenure Rank

Feb 13, 2014

6.47

6.5%

Thanos Bardas, PhD, Managing Director, joined the firm in 1998. Thanos is the Head of Global Rates and serves as a Senior Portfolio Manager on Global Investment Grade and Multi-Sector Fixed income strategies. He sits on the firm’s Asset Allocation Committee and Fixed Income’s Investment Strategy Committee, and is a member of the Fixed Income Multi-Sector Group. Thanos also leads the Global Rates team in determining rates exposure across various portfolio strategies and oversees both inflation and LDI investments. Thanos graduated with honors from Aristotle University, Greece, earned his MS from the University of Crete, Greece, and holdsa PhD in Theoretical Physics from State University of New York at Stony Brook. He holds FINRA Series 7 and Series 66 licenses.

David Brown


Start Date

Tenure

Tenure Rank

Feb 13, 2014

6.47

6.5%

David M. Brown, CFA, Managing Director, rejoined the firm in 2003. Dave is Global Co-Head of Investment Grade and acts as Senior Portfolio Manager on both Global Investment Grade and Multi-Sector Fixed Income strategies. He is a member of the Fixed Income Investment Strategy Committee and the Fixed Income Multi-Sector Group. Dave also leads the Investment Grade Credit team in determining credit exposures across both Global Investment Grade and Multi-Sector Fixed Income strategies. Dave initially joined the firm in 1991 after graduating from the University of Notre Dame with a BA in Government and subsequently received his MBA in Finance from Northwestern University. Prior to his return, he was a senior credit analyst at Zurich Scudder Investments and later a credit analyst and portfolio manager at Deerfield Capital. Dave has been awarded the Chartered Financial Analyst designation.

Ugo Lancioni


Start Date

Tenure

Tenure Rank

Feb 13, 2014

6.47

6.5%

Ugo Lancioni, Managing Director, joined the firm in 2007. Ugo is the Head of Global Currency and serves as a co-portfolio manager on multiple fixed income strategies. He is a member of the senior investment team that sets overall portfolio strategy for Global Investment Grade. Ugo also leads the Currency team in determining FX exposures across various portfolio strategies. Prior to joining the firm, Ugo was employed by JP Morgan for 11 years. While at JP Morgan Asset Management Ugo gained experience as a currency strategist and portfolio manager in charge of the FX risk in the fixed income book. Prior to this, Ugo worked as a trader atJPMorgan Bank, both in London and Milan, in the short term interest rate trading group where he was responsible for foreign exchange forwards market making and derivatives trading. Ugo received a master’s degree in Economics from the University “La Sapienza” in Rome.

Nathan Kush


Start Date

Tenure

Tenure Rank

Feb 29, 2016

4.42

4.4%

Nathan Kush is a Managing Director of Neuberger Berman Investment Advisers LLC. He joined the firm in 2001. He is a member of the portfolio management team for the firm’s Global Investment Grade strategies. Additionally, he is involved in investment grade credit research and, previously, covered the banking, brokerage, finance, insurance and REIT sectors. Before joining the investment grade team, he spent three years in Debt Capital Markets in the Investment Banking Division of Lehman Brothers. Nathan earned a BS in Finance and Accounting from Tulane University and an MBA from the University of Chicago.

Bradley Tank


Start Date

Tenure

Tenure Rank

Dec 07, 2017

2.65

2.7%

Brad C. Tank is a Managing Director of the Manager. He joined the firm in 2002 and is the Chief Investment Officer and Global Head of Fixed Income. He is a member of the firm’s Operating, Investment Risk, Asset Allocation and Fixed Income’s Investment Strategy Committees, and leads the Fixed Income Multi-Sector Group. He joined the firm after 23 years of experience in trading and asset management. From 2008 through 2015, Brad was Chief Investment Officer of Neuberger Berman’s Multi-Asset Class Investment business and remains an important member of that team along with the firm’s other CIOs. From 1990 to2002, Brad was director of fixed income for Strong Capital Management in Wisconsin. He was also a member of the Office of the CEO and headed institutional and intermediary distribution. In 1997, Brad was named “Runner Up” for Morningstar Mutual Fund Manager of the Year. From 1982 to 1990, he was a vice president at Salomon Brothers in the government, mortgage and financial institutions areas. Brad earned a BBA and an MBA from the University of Wisconsin.

Ashok Bhatia


Start Date

Tenure

Tenure Rank

Dec 07, 2017

2.65

2.7%

Ashok K. Bhatia, CFA, is a Managing Director of the Manager. He joined the firm in July 2017 and is the Deputy Chief Investment Officer of Fixed Income. He is a lead portfolio manager on multi-sector fixed income strategies and is also a member of the Multi-Asset Class portfolio management team, the Fixed Income Investment Strategy Committee and the firm’s Asset Allocation Committee. Previously, Ashok has held senior investment and leadership positions in several asset management firms and hedge funds, including Wells Fargo Asset Management, Balyasny Asset Management, and Stark Investments. Ashok has had investment responsibilities across global fixed income and currency markets. Ashok began his career in 1993 as an investment analyst at Morgan Stanley. Ashok received a BA with high honors in Economics from the University of Michigan, Ann Arbor, and an MBA with high honors from the University of Chicago. He has been awarded the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.6 5.74 2.02