Neuberger High Income Bond Fund Institutional Class (NHILX)

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

Neuberger High Income Bond Fund Institutional Class (NHILX) is up 1.1% since the beginning of the year. NHILX is currently trading at $8 per share. Investors who bought $1,000 worth of NHILX shares 5 years ago would now be looking at an investment worth $1,159.

Neuberger High Income Bond Fund Institutional Class (NHILX) has returned 1.10% so far this year and 6.60% over the past 12 months. Over the last ten years, NHILX has returned 4.73% per year, falling short of the S&P 500 Index benchmark, which averaged 13.65% annually.

Based on dividend-adjusted daily data since May 27, 2009, NHILX's average daily return is +0.02%, while the average monthly return is +0.52%. At this rate, an investment would double in approximately 11.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Oct 2011 with a return of +5.9%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NHILX closed higher 42% of trading days. The best single day was Apr 9, 2020 with a return of +3.9%, while the worst single day was Mar 16, 2020 at -3.9%.

Neuberger High Income Bond Fund Institutional Class has an annualized alpha of 4.08%, beta of 0.16, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since May 28, 2009.

• This fund participated in 37.45% of S&P 500 Index downside but only 35.44% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.16 may look defensive, but with R2 of 0.24 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.24 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NHILX has an expense ratio of 0.72%, placing it in the medium range.

NHILX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Neuberger High Income Bond Fund Institutional Class (NHILX) and compare them to S&P 500 Index.

Neuberger High Income Bond Fund Institutional Class provided a 6.57% dividend yield over the last twelve months, with an annual payout of $0.50 per share.

The table displays the monthly dividend distributions for Neuberger High Income Bond Fund Institutional Class. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Neuberger High Income Bond Fund Institutional Class. 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 High Income Bond Fund Institutional Class was 22.81%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current Neuberger High Income Bond Fund Institutional Class drawdown is 0.26%.

The chart below shows the rolling one-month volatility.