About NSTLX
Neuberger Berman Strategic Income Fund Institutional Class is a multi‑sector bond mutual fund designed to generate high current income with a secondary objective of long‑term total return. The fund allocates flexibly across the fixed income universe, including U.S. government and agency securities, corporate credit, mortgage‑backed and other asset‑backed securities, loans, municipal bonds, and foreign and emerging‑markets debt, enabling diversification across interest rate and credit cycles. Active management allows the portfolio team to adjust duration and credit exposure tactically, seeking an investment‑grade risk profile while sourcing enhanced yield from both investment‑grade and below‑investment‑grade sectors. The strategy typically maintains moderate interest‑rate sensitivity and a balanced mix of securitized, government, and corporate holdings, with monthly distributions reflecting its income focus. With institutional share class features such as a low net expense ratio and high minimum investment, the fund serves as a core or complementary fixed income allocation for investors aiming to combine diversified credit exposure, risk management, and consistent income within one vehicle.
Fund Family Neuberger Berman Group LLC
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NSTLX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
NSTLX had a total return of -0.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.07%.
