Neuberger High Income Bond R3 (NHIRX)
| Fund Assets | 425.33M |
| Expense Ratio | 1.37% |
| Min. Investment | $1,000,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 5.92% |
| Dividend Growth | -3.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.63 |
| YTD Return | 1.18% |
| 1-Year Return | 4.77% |
| 5-Year Return | 11.57% |
| 52-Week Low | 7.52 |
| 52-Week High | 7.80 |
| Beta (5Y) | 0.44 |
| Holdings | 517 |
| Inception Date | May 27, 2009 |
About NHIRX
Neuberger Berman High Income Bond Fund R3 Class is a mutual fund that seeks high total return consistent with capital preservation through an actively managed, diversified portfolio primarily invested in U.S. dollar-denominated high-yield bonds, often rated below investment grade or considered junk bonds. It emphasizes debt securities in the lowest investment grade category or lower, including floating rate senior secured loans from U.S. and foreign entities, with a typical weighted average maturity between five and ten years. The fund employs disciplined credit analysis and diversification to manage credit risk, opportunistically adjusting quality and sector exposures across economic cycles—favoring higher quality during downturns and lower quality during expansions. Top holdings include corporate bonds from issuers like Tenet Healthcare, Carnival Corporation, and Mineral Resources, alongside minimal cash equivalents. With total assets around $517 million and an expense ratio of 1.35%, it tracks benchmarks like the ICE BofA U.S. High Yield Constrained Index, playing a key role in fixed income markets by offering income potential from higher-yielding, riskier securities while aiming to minimize downside through strategic selection.
Performance
NHIRX had a total return of 4.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03685 | Jun 30, 2026 |
| May 29, 2026 | $0.03661 | May 29, 2026 |
| Apr 30, 2026 | $0.03708 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03629 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0373 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03729 | Jan 30, 2026 |