Neuberger High Income Bond Fund Institutional Class (NHILX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NHILX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NHILX
NHILX charges 0.72% annually. There are 63 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | NHILX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | NHILX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | NHILX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | NHILX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | NHILX vs CRDOX |
Best Risk-Adjusted Alternatives to NHILX
NHILX has a PortfoliosLab risk / return rank of 61. There are 127 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | NHILX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | NHILX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | NHILX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | NHILX vs CWFIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 96 | — | Feb 2011 | NHILX vs SHOYX |
Top Performing NHILX Alternatives (YTD)
NHILX is at 1.10% YTD. There are 138 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.24% | — | Nov 1977 | NHILX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | NHILX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.38% | — | Oct 2018 | NHILX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.33% | — | Jul 1995 | NHILX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.20% | — | Jan 1987 | NHILX vs FAHYX |
Lowest Volatility Alternatives to NHILX
NHILX has 3.41% 1-year volatility. There are 112 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | NHILX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | NHILX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | NHILX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | NHILX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | NHILX vs OSTIX |
Lowest Drawdown Alternatives to NHILX
NHILX has a 1-year max drawdown of -2.72%. There are 136 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | NHILX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | NHILX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | NHILX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | NHILX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | NHILX vs SCFIX |
Often Compared With NHILX
Investors most often compare NHILX with FSHNX. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Series High Income Fund | High Yield Bonds | 95 | 3.22% | — | Mar 2011 | NHILX vs FSHNX |
Compare NHILX with Any Fund or Stock
Compare NHILX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NHILX with funds that move differently
Neuberger High Income Bond Fund Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NHILX.
Explore NHILX Diversifiers