Neuberger High Income Bond Fund Investor Class (NHINX)
| Fund Assets | 425.33M |
| Expense Ratio | 0.89% |
| Min. Investment | $2,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 6.40% |
| Dividend Growth | -3.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.62 |
| YTD Return | 1.55% |
| 1-Year Return | 5.41% |
| 5-Year Return | 14.07% |
| 52-Week Low | 7.51 |
| 52-Week High | 7.79 |
| Beta (5Y) | 0.43 |
| Holdings | 517 |
| Inception Date | Apr 1, 1996 |
About NHINX
Neuberger Berman High Income Bond Fund Investor Class is a mutual fund that primarily invests in a diversified portfolio of U.S. dollar-denominated high-yield bonds, often referred to as junk bonds, rated below investment grade. Its main objective is to deliver high total return while prioritizing capital preservation through attractive current income and risk-adjusted performance across market cycles. Managed by an experienced team averaging over 20 years in high-yield investing, the fund employs rigorous bottom-up fundamental credit research, integrating proprietary credit best practices and ESG factors via NB Quotient scores to select securities and minimize downside risks. It maintains strategic sector allocations favoring stable industries like utilities and capital goods, while underweighting areas with perceived competitive pressures, such as media and gaming. With an emphasis on issuers exhibiting strong fundamentals like EBITDA growth and low default rates, the fund benchmarks against the ICE BofA U.S. High Yield Constrained Index. Notable features include a net expense ratio around 0.88-0.89%, monthly dividend distributions yielding approximately 6.7%, effective duration of 3.43 years, and a minimum initial investment of $2,000. Launched in 1996, it holds over 550 securities, playing a key role in fixed-income strategies seeking yield enhancement in high-yield markets.
Performance
NHINX had a total return of 5.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.72%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03977 | Jun 30, 2026 |
| May 29, 2026 | $0.03963 | May 29, 2026 |
| Apr 30, 2026 | $0.040 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03931 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04011 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0403 | Jan 30, 2026 |