About NCRIX
Neuberger Berman Core Bond Fund Investor Class is an actively managed mutual fund that focuses on high-quality, investment-grade fixed income securities. Its primary role is to seek a total return by combining income generation with prudent capital preservation strategies. The fund generally invests across a broad spectrum of U.S. fixed income sectors, including government, corporate, and mortgage-backed bonds. It is characterized by a diversified portfolio typically holding 50–80 corporate issuers, with significant allocations to U.S. Treasury and agency securities, as well as select corporate and securitized debt. The fund leverages security selection, sector allocation, and duration management to differentiate itself from more passive aggregate bond strategies. With an investment approach that extends beyond the conventional benchmarks, it aims to balance risk and return, making it a core holding within an investor’s fixed income allocation. The fund offers monthly dividend distributions and is designed for investors seeking stability and regular income in a fluctuating interest rate environment. Since its inception in 1997, it has played a foundational role in intermediate-term bond portfolios, providing exposure to the broader U.S. investment-grade bond market.
Fund Family Neuberger Berman
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NCRIX
Share Class Investor Class
Index Bloomberg U.S. Aggregate Bond TR
NCRIX had a total return of -3.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.82%.
