NFIAX : Neuberger Berman Floating Rate Income Fund Class A

NFIAX is a Bond Market High Yield Bond with HIGH fees.

NFIAX

Neuberger Berman Floating Rate Income Fund Class A

FI Score

22 /100

Expense Ratio Rating

4 /10

Expense Rating

0 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

22% FI Score
  • nfiax
  • Mutual Fund
  • Bond
  • High Yield Bond

Neuberger Berman Floating Rate Income Fund Class A

Expenses: 1.08% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income. To pursue its 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 (borrowers). These loans are often at the time of investment below investment grade securities (commonly known as "junk bonds"). It normally invests at least 80% of its net assets in floating rate securities (including loans) and other investment companies that provide investment exposure to such floating rate securities.

Largest Holdings

Amount Holding
1.07% MPH ACQUISITION HLDGS LLC 2016 TERM LOAN B
1.05% ALTICE FRANCE S.A 1%
1.00% PRIME SECURITY SVCS BRWR LLC 2019 TERM LOAN B1
0.94% BASS PRO GROUP LLC TERM LOAN B
0.88% RACKSPACE HOSTING INC NOVEMBER 2017 TERM B FACILITY
0.87% COMMSCOPE INC TERM LOAN B
0.85% VERSCEND HLDG CORP TERM LOAN B
0.84% ATHENAHEALTH INC TERM LOAN B
0.83% RADIATE HOLDCO LLC CLOSING DATE TERM LOAN
0.83% CENTURYLINK INC 2020 TERM LOAN B
0.81% TRANSDIGM INC 2020 TERM LOAN F
0.74% Garda World Security Corporati 2019 1st Lien Term Loan B
0.73% PAREXEL INTL CORP TERM LOAN B
0.73% MCAFEE LLC TERM LOAN B 1
0.72% WILSONART LLC TERM LOAN D
0.72% STAPLES INC TERM LOAN
0.71% KRONOS INC FIRST LIEN
0.70% DEERFIELD HLDGS CORP ACQUISITION
0.70% ENDO LUXEMBOURG FIN CO I S A TERM LOAN B
0.69% SEDGWICK CLAIMS MGMT SVCS INC TERM LOAN B
0.67% REALOGY CORP TERM LOAN B
0.66% Berry Global Inc 4.88%
0.65% BROOKFIELD WEC HOLDINGS INC 2020 TERM LOAN
0.64% WAND NEWCO 3 INC 2020 TERM LOAN
0.63% GTT COMMUNICATIONS INC TERM LOAN

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo