Neuberger Berman Income Funds - Neuberger Berman Emerging Markets Debt Fund (NERAX)
| Fund Assets | 141.80M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 5.81% |
| Dividend Growth | 10.49% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 7.04 |
| YTD Return | 6.25% |
| 1-Year Return | 7.68% |
| 5-Year Return | 1.88% |
| 52-Week Low | 6.62 |
| 52-Week High | 7.13 |
| Beta (5Y) | 0.39 |
| Holdings | 498 |
| Inception Date | Sep 27, 2013 |
About NERAX
The Neuberger Berman Emerging Markets Debt Fund is an open-end mutual fund that primarily invests in debt and other instruments from issuers tied economically to emerging markets. Its primary function is to maximize returns through a blend of income and capital appreciation. The fund provides exposure to a broad spectrum of emerging market debt, including sovereign and corporate bonds across multiple countries and industries. It uses a multi-site approach, combining top-down insights with bottom-up research to manage risk and amplify returns. The fund's comprehensive strategy allows investors to diversify their portfolios by investing in emerging markets, which can be crucial for managing risk and seeking growth opportunities in a global investment landscape.
Performance
NERAX had a total return of 7.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEDCX | Fidelity | Fidelity Series Emerging Markets Debt | n/a |
Top 10 Holdings
15.09% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.70% |
| Republic of South Africa Government Bond | SAGB.8.75 01.31.44 2044 | 2.34% |
| INDONESIA GOVERNMENT - Indonesia Treasury Bond | n/a | 1.43% |
| Turkiye Government Bond | TURKGB.26.2 10.05.33 10Y | 1.31% |
| MEX BONOS DESARR FIX RT - Mexican Bonos | n/a | 1.28% |
| Republic of South Africa Government Bond | SAGB.9 01.31.40 2040 | 1.17% |
| Republic of Poland Government Bond | n/a | 0.99% |
| NOTA DO TESOURO NACIONAL - Brazil Notas do Tesouro Nacional Serie F | n/a | 0.97% |
| INDONESIA GOVERNMENT - Indonesia Treasury Bond | n/a | 0.96% |
| BONOS TESORERIA PESOS - Bonos de la Tesoreria de la Republica en pesos | n/a | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03675 | Jun 30, 2025 |
| May 30, 2025 | $0.03646 | May 30, 2025 |
| Apr 30, 2025 | $0.03521 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03387 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03581 | Feb 28, 2025 |
| Jan 31, 2025 | $0.04009 | Jan 31, 2025 |