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Neuberger Berman Floating Rate Income Fund (NFIAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Neuberger Berman Floating Rate Income Fund (NFIAX)

Mutual Fund · Currency in USD · Last updated May 31, 2025

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.

Fund Info

ISIN

US64128K7283

CUSIP

64128K728

Issuer

Neuberger Berman

Inception Date

Dec 28, 2009

Category

Bank Loan

Min. Investment

$1,000

Asset Class

Bond

Expense Ratio

NFIAX has a high expense ratio of 0.97%, indicating above-average management fees.

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 Floating Rate Income Fund

Popular comparisons:
NFIAX vs. FFRHX NFIAX vs. FJSYX NFIAX vs. SPHY NFIAX vs. SCYB NFIAX vs. BKLN NFIAX vs. FAGIX
Popular comparisons:
NFIAX vs. FFRHX NFIAX vs. FJSYX NFIAX vs. SPHY NFIAX vs. SCYB NFIAX vs. BKLN NFIAX vs. FAGIX

Performance

Performance Chart

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S&P 500

Returns By Period

Neuberger Berman Floating Rate Income Fund (NFIAX) returned 1.31% year-to-date (YTD) and 6.78% over the past 12 months. Over the past 10 years, NFIAX returned 4.21% annually, underperforming the S&P 500 benchmark at 10.85%.

NFIAX

YTD

1.31%

1M

0.86%

6M

1.63%

1Y

6.78%

3Y*

8.04%

5Y*

6.71%

10Y*

4.21%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.68%0.00%-0.26%0.02%0.86%1.31%
20240.82%0.88%0.73%0.64%1.00%0.35%0.78%0.50%0.66%0.85%1.01%0.32%8.90%
20232.69%0.65%-0.25%0.91%-0.24%2.15%1.26%1.25%0.69%-0.03%1.44%1.36%12.50%
20220.18%-0.70%-0.23%0.06%-2.79%-2.26%1.79%1.59%-2.20%1.11%1.21%0.44%-1.90%
20211.04%0.33%-0.04%0.47%0.47%0.26%-0.04%0.48%0.70%0.20%-0.31%0.63%4.27%
20200.26%-1.73%-12.67%5.47%4.81%1.06%2.14%1.49%0.34%-0.01%2.30%1.33%3.63%
20192.77%1.52%-0.18%1.55%-0.43%0.21%0.62%-0.51%0.59%-0.54%0.78%1.71%8.32%
20180.72%-0.02%0.13%0.43%-0.07%0.04%0.64%0.35%0.55%-0.14%-1.06%-2.66%-1.13%
20170.18%0.46%-0.04%0.37%0.37%-0.13%0.69%-0.20%0.50%0.61%0.00%0.30%3.16%
2016-0.61%-0.73%2.79%1.66%0.41%-0.50%1.55%0.82%0.58%0.25%0.16%0.85%7.40%
20150.32%1.58%0.33%0.67%0.03%-0.30%0.20%-0.60%-0.51%-0.10%-1.02%-0.91%-0.34%
20140.38%0.08%0.19%-0.02%0.48%0.37%-0.30%0.29%-0.79%0.40%0.50%-1.07%0.48%
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 96, NFIAX is among the top 4% 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 NFIAX is 9696
Overall Rank
The Sharpe Ratio Rank of NFIAX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of NFIAX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of NFIAX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of NFIAX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of NFIAX is 9696
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 Floating Rate Income Fund (NFIAX) 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 Floating Rate Income Fund Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 2.50
  • 5-Year: 2.46
  • 10-Year: 1.05
  • All Time: 1.24

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 Floating Rate Income 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 Floating Rate Income Fund provided a 7.54% dividend yield over the last twelve months, with an annual payout of $0.70 per share.

3.00%4.00%5.00%6.00%7.00%8.00%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.70$0.76$0.78$0.49$0.33$0.36$0.46$0.41$0.34$0.35$0.36$0.35

Dividend yield

7.54%8.05%8.26%5.35%3.34%3.68%4.73%4.31%3.41%3.48%3.78%3.50%

Monthly Dividends

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.05$0.05$0.06$0.05$0.00$0.21
2024$0.07$0.06$0.07$0.07$0.06$0.06$0.06$0.07$0.06$0.06$0.05$0.06$0.76
2023$0.06$0.06$0.07$0.06$0.07$0.06$0.07$0.07$0.06$0.07$0.06$0.07$0.78
2022$0.03$0.02$0.03$0.03$0.02$0.03$0.04$0.05$0.05$0.07$0.06$0.06$0.49
2021$0.03$0.02$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.33
2020$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$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$0.46
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.41
2017$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
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.35
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35

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 Floating Rate Income 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 Floating Rate Income Fund was 22.18%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.18%Jan 23, 202042Mar 23, 2020122Sep 15, 2020164
-6.53%Jan 24, 2022113Jul 6, 2022144Jan 31, 2023257
-6.29%Aug 1, 201118Aug 24, 201197Jan 12, 2012115
-5.32%Jul 21, 2015151Feb 24, 201667May 31, 2016218
-4.35%Oct 11, 201853Dec 27, 201842Feb 28, 201995
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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