Neuberger Berman Core Bond Fund (NCRLX)
The fund normally invests in a diversified mix of debt securities, which primarily include government bonds, corporate bonds, mortgage-backed securities and asset-backed securities. It normally will not invest more than 15% of its total assets in non-U.S. dollar denominated securities and, through hedging strategies, and the adviser will attempt to limit its exposure to currencies other than the U.S. dollar to 5% of its total assets.
Fund Info
ISIN | US64128K4058 |
---|---|
CUSIP | 64128K405 |
Issuer | Neuberger Berman |
Inception Date | Sep 29, 1995 |
Category | Intermediate Core Bond |
Min. Investment | $1,000,000 |
Asset Class | Bond |
Expense Ratio
NCRLX features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NCRLX vs. FTRBX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Neuberger Berman Core Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Neuberger Berman Core Bond Fund had a return of 5.34% year-to-date (YTD) and 11.19% in the last 12 months. Over the past 10 years, Neuberger Berman Core Bond Fund had an annualized return of 2.13%, while the S&P 500 had an annualized return of 10.88%, indicating that Neuberger Berman Core Bond Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.34% | 18.13% |
1 month | 2.05% | 1.45% |
6 months | 6.91% | 8.81% |
1 year | 11.19% | 26.52% |
5 years (annualized) | 1.13% | 13.43% |
10 years (annualized) | 2.13% | 10.88% |
Monthly Returns
The table below presents the monthly returns of NCRLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.06% | -1.42% | 0.84% | -2.33% | 1.80% | 0.98% | 2.22% | 1.39% | 5.34% | ||||
2023 | 3.63% | -2.64% | 2.51% | 0.58% | -1.09% | -0.42% | -0.10% | -0.65% | -2.50% | -1.74% | 4.88% | 3.85% | 6.11% |
2022 | -2.07% | -1.24% | -2.53% | -4.01% | 0.57% | -1.94% | 2.54% | -2.61% | -4.80% | -1.28% | 3.84% | -0.68% | -13.61% |
2021 | -0.44% | -1.36% | -0.90% | 0.79% | 0.20% | 0.77% | 0.95% | -0.17% | -0.65% | -0.10% | 0.12% | -0.28% | -1.08% |
2020 | 1.92% | 1.31% | -2.41% | 2.88% | 1.20% | 1.47% | 1.79% | -0.73% | -0.12% | -0.41% | 1.88% | 0.44% | 9.48% |
2019 | 1.44% | 0.15% | 1.87% | 0.32% | 1.21% | 1.69% | 0.29% | 2.30% | -0.46% | 0.08% | 0.19% | -0.01% | 9.43% |
2018 | -0.76% | -0.98% | 0.47% | -0.72% | -0.05% | -0.13% | 0.37% | 0.25% | -0.36% | -0.96% | 0.26% | 1.59% | -1.04% |
2017 | 0.38% | 0.78% | -0.04% | 0.71% | 0.60% | 0.03% | 0.49% | 0.60% | -0.28% | 0.03% | -0.33% | 0.69% | 3.73% |
2016 | 0.81% | 0.50% | 1.30% | 0.71% | -0.13% | 1.50% | 1.01% | 0.06% | 0.10% | -0.55% | -2.43% | 0.11% | 2.96% |
2015 | 1.73% | -0.54% | 0.22% | -0.23% | -0.43% | -0.81% | 0.72% | -0.33% | 0.43% | 0.22% | -0.15% | -0.54% | 0.27% |
2014 | 1.47% | 0.59% | -0.07% | 0.81% | 1.10% | 0.24% | -0.24% | 0.91% | -0.72% | 0.78% | 0.70% | 0.03% | 5.74% |
2013 | -0.73% | 0.42% | 0.10% | 1.01% | -1.92% | -1.99% | 0.21% | -0.84% | 1.19% | 0.88% | -0.37% | -0.40% | -2.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCRLX is 41, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Neuberger Berman Core Bond Fund (NCRLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Neuberger Berman Core Bond Fund granted a 4.43% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.41 | $0.38 | $0.31 | $0.26 | $0.52 | $0.35 | $0.30 | $0.27 | $0.34 | $0.30 | $0.30 | $0.25 |
Dividend yield | 4.43% | 4.27% | 3.53% | 2.47% | 4.75% | 3.37% | 3.01% | 2.58% | 3.37% | 2.91% | 2.87% | 2.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Neuberger Berman Core Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.27 | |||
2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.21 | $0.52 |
2019 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
2018 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.30 |
2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.27 |
2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.08 | $0.34 |
2015 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.30 |
2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.04 | $0.30 |
2013 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Neuberger Berman Core Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Neuberger Berman Core Bond Fund was 18.51%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Neuberger Berman Core Bond Fund drawdown is 4.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-18.51% | Aug 5, 2021 | 308 | Oct 24, 2022 | — | — | — |
-12.31% | Jan 24, 2008 | 210 | Nov 20, 2008 | 123 | May 20, 2009 | 333 |
-8.78% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
-5.51% | May 3, 2013 | 87 | Sep 5, 2013 | 174 | May 15, 2014 | 261 |
-4.84% | Sep 2, 2005 | 204 | Jun 26, 2006 | 88 | Oct 31, 2006 | 292 |
Volatility
Volatility Chart
The current Neuberger Berman Core Bond Fund volatility is 1.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.