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.
Fund Family Neuberger Berman
Category High Yield Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol NHINX
Share Class Investor Class
Index ICE BofA US High Yield Constrained TR
NHINX had a total return of 1.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.61%.
