Neuberger Berman Floating Rate Income Fund I Class (NFIIX)
| Fund Assets | 426.61M |
| Expense Ratio | 0.63% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 7.80% |
| Dividend Growth | -11.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.35 |
| YTD Return | 0.30% |
| 1-Year Return | 5.07% |
| 5-Year Return | 32.19% |
| 52-Week Low | 9.13 |
| 52-Week High | 9.47 |
| Beta (5Y) | 0.12 |
| Holdings | 385 |
| Inception Date | Dec 30, 2009 |
About NFIIX
NFIIX was founded on 2009-12-30. The Fund's investment strategy focuses on Loan Participation with 0.7% total expense ratio. The minimum amount to invest in Neuberger Berman Income Funds: Neuberger Berman Floating Rate Income Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Neuberger Berman Income Funds: Neuberger Berman Floating Rate Income Fund; Institutional Class Shares seeks high current income. To pursue this goal, the Fund invests mainly in floating rate senior secured loans issued in U.S. dollars by U.S. and foreign corporations, partnerships and other business entities. These loans are often at the time of investment below investment grade securities.
Performance
NFIIX had a total return of 5.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.45%.
Top 10 Holdings
9.04% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 4.33% |
| KKR APPLE BIDCO LLC 2025 TERM LOAN | ATLAVI.L 09.23.31 7 | 0.56% |
| QUIKRETE HOLDINGS INC 2025 TERM LOAN B | QUIKHO.L 02.10.32 13 | 0.55% |
| Opal Bidco Sas Usd Term Loan B | n/a | 0.54% |
| GREAT OUTDOORS GROUP LLC 2025 TERM LOAN B | BASSPR.L 01.23.32 7 | 0.54% |
| ACRISURE LLC 2024 1ST LIEN TERM LOAN B6 | ACRISU.L 11.06.30 26 | 0.52% |
| EOC BORROWER LLC TERM LOAN B | EDR.L 03.24.32 1 | 0.51% |
| GENESYS CLUD SRVCS HLDS II LLC 2025 USD TERM LOAN B | GCTI.L 01.30.32 17 | 0.50% |
| PROOFPOINT INC 2024 TERM LOAN | PFPT.L 08.31.28 5 | 0.49% |
| PEER HOLDING III BV 2025 USD TERM LOAN B4B | n/a | 0.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.05684 | May 30, 2025 |
| Apr 30, 2025 | $0.05517 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05828 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0522 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05667 | Jan 31, 2025 |
| Dec 31, 2024 | $0.06277 | Dec 31, 2024 |