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
US64128K4058
64128K405
Sep 29, 1995
$1,000,000
Expense Ratio
NCRLX has an expense ratio of 0.39%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Neuberger Berman Core Bond Fund (NCRLX) returned 1.50% year-to-date (YTD) and 4.88% over the past 12 months. Over the past 10 years, NCRLX returned 1.50% annually, underperforming the S&P 500 benchmark at 10.45%.
NCRLX
1.50%
0.11%
0.77%
4.88%
-0.41%
1.50%
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.62% | 2.10% | -0.07% | -0.11% | -1.02% | 1.50% | |||||||
| 2024 | 0.06% | -1.42% | 0.84% | -2.34% | 1.80% | 0.98% | 2.22% | 1.39% | 1.48% | -2.60% | 1.17% | -1.54% | 1.90% |
| 2023 | 3.63% | -2.64% | 2.51% | 0.58% | -1.09% | -0.42% | -0.10% | -0.66% | -2.50% | -1.73% | 4.88% | 3.85% | 6.11% |
| 2022 | -2.07% | -1.24% | -2.53% | -4.01% | 0.57% | -1.93% | 2.54% | -2.61% | -4.80% | -1.28% | 3.84% | -0.68% | -13.62% |
| 2021 | -0.44% | -1.36% | -0.91% | 0.79% | 0.20% | 0.77% | 0.95% | -0.17% | -0.65% | -0.09% | 0.12% | -0.27% | -1.07% |
| 2020 | 1.92% | 1.31% | -2.41% | 2.88% | 1.20% | 1.48% | 1.80% | -0.73% | -0.12% | -0.41% | 1.89% | -1.23% | 7.69% |
| 2019 | 1.44% | 0.15% | 1.87% | 0.32% | 1.21% | 1.69% | 0.29% | 2.30% | -0.46% | 0.09% | 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% | 1.60% | -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% | -0.47% | 2.37% |
| 2015 | 1.73% | -0.54% | 0.22% | -0.23% | -0.43% | -0.81% | 0.72% | -0.33% | 0.43% | 0.22% | -0.15% | -0.64% | 0.17% |
| 2014 | 1.47% | 0.59% | -0.07% | 0.81% | 1.10% | 0.24% | -0.24% | 0.91% | -0.72% | 0.78% | 0.70% | -0.16% | 5.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCRLX is 70, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
Neuberger Berman Core Bond Fund provided a 4.34% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.41 | $0.38 | $0.31 | $0.26 | $0.52 | $0.35 | $0.30 | $0.27 | $0.34 | $0.30 | $0.30 |
Dividend yield | 4.34% | 4.75% | 4.27% | 3.53% | 2.47% | 4.75% | 3.37% | 3.01% | 2.58% | 3.37% | 2.91% | 2.87% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.10 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.41 |
| 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 |
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.
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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 19.44%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Neuberger Berman Core Bond Fund drawdown is 7.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.44% | Dec 4, 2020 | 475 | Oct 24, 2022 | — | — | — |
| -12.3% | 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 |
| -7.11% | Dec 7, 2012 | 187 | Sep 5, 2013 | 278 | Oct 13, 2014 | 465 |
| -4.84% | Sep 2, 2005 | 204 | Jun 26, 2006 | 88 | Oct 31, 2006 | 292 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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