Neuberger Berman Short Duration High Income Fund

U.S. News evaluated 166 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

Trailing Returns Updated 04.30.2013
Year to date 3.1%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income consistent with capital preservation. To pursue its goal, the fund normally invests at least 80% of its net assets in a diversified portfolio of U.S. dollar-denominated, below investment grade debt securities (commonly called "junk bonds") and floating rate senior secured loans issued by U.S. and foreign corporations, partnerships, and other business entities ("High Yield Securities"). Although it may invest in securities of any maturity, the fund normally seeks to maintain a weighted average portfolio duration of three years or less.

Fees

Fees are Above Average compared to funds in the same category.
Neuberger Berman Short Duration High Income Fund has an expense ratio of 1.02 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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