Neuberger Berman Emerging Markets Debt Fund A Class (NERAX)
| Fund Assets | 141.80M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 5.80% |
| Dividend Growth | 9.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 6.81 |
| YTD Return | 2.69% |
| 1-Year Return | 4.94% |
| 5-Year Return | 4.28% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.49 |
| Holdings | 576 |
| Inception Date | Sep 27, 2013 |
About NERAX
NERAX was founded on 2013-09-27. The Fund's investment strategy focuses on Emg Mkts HC Debt with 1.16% total expense ratio. The minimum amount to invest in Neuberger Berman Income Funds: Neuberger Berman Emerging Markets Debt Fund; Class A Shares is $1,000 on a standard taxable account. Neuberger Berman Income Funds: Neuberger Berman Emerging Markets Debt Fund; Class A Shares seeks high total return consisting of income and capital appreciation. NERAX normally invests at least 80% of its net assets in debt instruments of issuers that are tied economically to emerging market countries and derivative instruments that provide investment exposure to such debt instruments.
Performance
NERAX had a total return of 4.94% in the past year. Since the fund's inception, the average annual return has been 1.45%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Series Emerging Markets Debt Fund | n/a |
Top 10 Holdings
19.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Ssc Government Mm Gvmxx | n/a | 5.12% |
| Euro Bobl Future Mar 25 | n/a | 2.80% |
| Us 5yr Note (Cbt) Mar25 Xcbt 20250331 | n/a | 2.52% |
| Usd | n/a | 1.72% |
| Korea 3yr Bnd Fut Mar25 Xkfe 20250318 | n/a | 1.69% |
| India (Republic of) 7.18% | n/a | 1.44% |
| 2 Year Treasury Note Future Mar 25 | n/a | 1.25% |
| Mexico (United Mexican States) 7.75% | MEX 7.75 05.29.31 REGS | 1.04% |
| South Africa (Republic of) 8.75% | SAGB 8.75 01.31.44 2044 | 1.04% |
| India (Republic of) 7.02% | n/a | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.03581 | Feb 28, 2025 |
| Jan 31, 2025 | $0.04009 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03445 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03505 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03801 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03382 | Sep 30, 2024 |