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Neuberger Berman Emerging Markets Debt Fund (NERIX...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Neuberger Berman Emerging Markets Debt Fund (NERIX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

To pursue its goal, the fund normally invests at least 80% of its net assets in debt and other instruments of issuers that are tied economically to emerging market countries and other investments that provide investment exposure to such debt instruments.

Fund Info

ISIN

US64128K5386

CUSIP

64128K538

Issuer

Neuberger Berman

Inception Date

Sep 26, 2013

Category

Emerging Markets Bonds

Min. Investment

$1,000,000

Asset Class

Bond

Expense Ratio

NERIX has an expense ratio of 0.81%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Neuberger Berman Emerging Markets Debt Fund

Popular comparisons:
NERIX vs. TOTL NERIX vs. FBTC
Popular comparisons:
NERIX vs. TOTL NERIX vs. FBTC

Performance

Performance Chart

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S&P 500

Returns By Period

Neuberger Berman Emerging Markets Debt Fund (NERIX) returned 5.59% year-to-date (YTD) and 9.30% over the past 12 months. Over the past 10 years, NERIX returned 2.55% annually, underperforming the S&P 500 benchmark at 10.84%.

NERIX

YTD

5.59%

1M

1.26%

6M

5.04%

1Y

9.30%

3Y*

6.00%

5Y*

2.26%

10Y*

2.55%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of NERIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.97%0.99%0.38%1.26%0.87%5.59%
2024-0.94%0.35%0.85%-1.99%1.73%-0.51%2.19%2.47%2.83%-2.95%0.41%-1.36%2.92%
20234.26%-3.09%2.47%0.72%-1.23%3.06%1.98%-1.84%-3.04%-0.68%5.17%4.11%12.05%
2022-1.37%-4.89%-1.02%-4.92%0.72%-5.96%1.07%-0.06%-5.37%-0.48%7.20%1.54%-13.41%
2021-1.16%-1.74%-2.24%2.03%1.89%-0.24%-0.49%1.06%-2.48%-1.12%-2.61%1.36%-5.74%
2020-0.16%-2.15%-14.23%3.58%7.21%1.97%3.49%0.74%-2.34%-0.02%5.10%3.14%4.70%
20194.75%0.18%-0.26%-0.02%0.10%4.52%0.89%-2.23%0.80%1.99%-0.87%3.81%14.25%
20183.07%-1.19%0.35%-2.08%-3.79%-2.60%2.13%-4.75%2.55%-2.09%1.09%1.08%-6.41%
20172.81%1.96%1.87%1.46%0.99%0.34%1.88%1.90%-0.03%-1.06%0.89%1.47%15.40%
2016-0.07%1.20%6.87%2.57%-2.86%4.23%1.39%0.91%1.23%-0.66%-6.11%0.91%9.42%
20150.76%0.18%-1.64%2.87%-1.47%-1.97%-1.60%-3.20%-3.07%3.58%-0.66%-2.18%-8.31%
2014-2.74%3.45%1.98%1.38%2.72%0.83%-0.64%0.80%-3.52%1.64%-0.74%-4.57%0.23%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 85, NERIX is among the top 15% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of NERIX is 8585
Overall Rank
The Sharpe Ratio Rank of NERIX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of NERIX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of NERIX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of NERIX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of NERIX is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Neuberger Berman Emerging Markets Debt Fund (NERIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Neuberger Berman Emerging Markets Debt Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 1.86
  • 5-Year: 0.36
  • 10-Year: 0.36
  • All Time: 0.31

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Neuberger Berman Emerging Markets Debt Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Neuberger Berman Emerging Markets Debt Fund provided a 6.46% dividend yield over the last twelve months, with an annual payout of $0.45 per share. The fund has been increasing its distributions for 3 consecutive years.

4.00%4.50%5.00%5.50%6.00%6.50%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.45$0.44$0.40$0.34$0.34$0.36$0.44$0.45$0.47$0.49$0.48$0.52

Dividend yield

6.46%6.49%5.68%5.19%4.27%4.06%4.98%5.59%5.18%5.87%5.92%5.57%

Monthly Dividends

The table displays the monthly dividend distributions for Neuberger Berman Emerging Markets Debt Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.04$0.00$0.15
2024$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.44
2023$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.04$0.04$0.03$0.04$0.40
2022$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.03$0.03$0.34
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2020$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.36
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.44
2018$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.45
2017$0.04$0.04$0.04$0.04$0.02$0.04$0.04$0.06$0.04$0.04$0.04$0.04$0.47
2016$0.03$0.04$0.04$0.07$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.49
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.48
2014$0.04$0.04$0.04$0.05$0.04$0.05$0.04$0.04$0.04$0.04$0.05$0.05$0.52

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 Emerging Markets Debt 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 Emerging Markets Debt Fund was 26.34%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Neuberger Berman Emerging Markets Debt Fund drawdown is 0.72%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.34%Jan 6, 2021454Oct 24, 2022———
-21.29%Jan 21, 202044Mar 23, 2020166Nov 16, 2020210
-18.1%Jul 25, 2014375Jan 20, 2016317Apr 24, 2017692
-12.76%Feb 2, 2018148Sep 4, 2018218Jul 18, 2019366
-6.6%Oct 28, 201367Feb 3, 201446Apr 9, 2014113
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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