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ISIN
US64128K8505
CUSIP
64128K850
Inception Date
Jan 31, 1992
Min. Investment
$2,000
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

NHINX Performance Chart

Neuberger Berman High Income Bond Fund (NHINX) is up 1.2% since the beginning of the year. NHINX is currently trading at $8 per share. Investors who bought $1,000 worth of NHINX shares 5 years ago would now be looking at an investment worth $1,150.


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S&P 500 Index

Returns By Period

Neuberger Berman High Income Bond Fund (NHINX) has returned 1.17% so far this year and 6.29% over the past 12 months. Over the last ten years, NHINX has returned 4.57% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Neuberger Berman High Income Bond Fund

1D
0.00%
1M
0.77%
YTD
1.17%
6M
1.83%
1Y
6.29%
3Y*
7.93%
5Y*
2.84%
10Y*
4.57%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NHINX Monthly Returns History

Based on dividend-adjusted daily data since Jan 31, 1992, NHINX's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2009 with a return of +9.8%, while the worst month was Oct 2008 at -12.9%. The longest winning streak lasted 19 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NHINX closed higher 36% of trading days. The best single day was May 19, 2004 with a return of +4.5%, while the worst single day was Oct 10, 2008 at -4.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.52%0.26%-1.43%1.59%0.37%-0.13%1.17%
20251.34%0.67%-1.14%0.15%1.61%1.86%0.29%1.33%0.67%0.15%0.53%0.65%8.39%
20240.16%0.31%1.11%-0.70%1.15%0.98%1.64%1.49%1.47%-0.62%1.21%-0.49%7.94%
20233.70%-1.46%0.57%0.43%-1.10%1.68%1.37%-0.00%-1.20%-1.94%4.26%3.43%9.92%
2022-2.85%-1.03%-0.59%-3.96%0.19%-7.52%5.23%-2.12%-4.44%2.91%1.92%-0.96%-13.02%
20210.06%0.41%0.42%1.09%0.39%1.19%-0.07%0.27%0.04%-0.54%-1.01%2.13%4.42%

Benchmark Metrics

Neuberger Berman High Income Bond Fund has an annualized alpha of 4.99%, beta of 0.09, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 31, 1992.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (33.66%) than losses (27.02%) - typical of diversified or defensive assets.
  • Beta of 0.09 may look defensive, but with R2 of 0.09 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 0.09 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.

Alpha
4.99%
Beta
0.09
0.09
Upside Capture
33.66%
Downside Capture
27.02%

Expense Ratio

NHINX has an expense ratio of 0.85%, placing it in the medium range.


Return for Risk

Risk / Return Rank

NHINX ranks 59 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


NHINX Risk / Return Rank: 5959
Overall Rank
NHINX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
NHINX Sortino Ratio Rank: 7171
Sortino Ratio Rank
NHINX Omega Ratio Rank: 7070
Omega Ratio Rank
NHINX Calmar Ratio Rank: 4343
Calmar Ratio Rank
NHINX Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


NHINXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.14

Sortino ratioReturn per unit of downside risk

+0.44

Omega ratioGain probability vs. loss probability

1.42

1.37

+0.06

Calmar ratioReturn relative to maximum drawdown

2.38

2.78

-0.40

Martin ratioReturn relative to average drawdown

11.59

12.44

-0.85

Dividends

Dividend History

Neuberger Berman High Income Bond Fund provided a 6.40% dividend yield over the last twelve months, with an annual payout of $0.49 per share.


4.50%5.00%5.50%6.00%6.50%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.49$0.50$0.52$0.41$0.32$0.41$0.41$0.45$0.45$0.43$0.46$0.51

Dividend yield

6.40%6.43%6.80%5.38%4.37%4.67%4.73%5.22%5.63%5.00%5.33%6.38%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.04$0.04$0.04$0.04$0.04$0.00$0.20
2025$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.50
2024$0.04$0.04$0.04$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.52
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.00$0.04$0.00$0.04$0.04$0.41
2022$0.03$0.03$0.03$0.03$0.04$0.00$0.00$0.04$0.00$0.04$0.04$0.04$0.32
2021$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.41

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 High Income 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 High Income Bond Fund was 29.47%, occurring on Dec 12, 2008. Recovery took 158 trading sessions.

The current Neuberger Berman High Income Bond Fund drawdown is 0.13%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-29.47%Dec 2008
1y 6mo7mo 21d
2y 2moJun 2007 - Jul 2009
COVID crash2020
-22.85%Mar 2020
1mo 2d4mo 16d
5mo 18dFeb 2020 - Aug 2020
Dot-com crash2000–2002
-16.47%Oct 2002
5y 10d11mo 25d
6yOct 1997 - Sep 2003
Bear market2022
-16.38%Sep 2022
8mo 29d1y 10mo
2y 7moJan 2022 - Jul 2024
2016 correction2016
-11.74%Feb 2016
8mo 15d4mo 28d
1y 1moJun 2015 - Jul 2016

Drawdown Indicators


NHINXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-29.47%

-56.78%

+27.31%

Max Drawdown (1Y)

Largest decline over 1 year

-2.72%

-9.10%

+6.38%

Max Drawdown (3Y)

Largest decline over 3 years

-3.89%

-18.90%

+15.01%

Max Drawdown (5Y)

Largest decline over 5 years

-16.38%

-25.43%

+9.05%

Max Drawdown (10Y)

Largest decline over 10 years

-22.85%

-33.92%

+11.07%

Current Drawdown

Current decline from peak

-0.13%

-1.80%

+1.67%

Average Drawdown

Average peak-to-trough decline

-3.75%

-10.71%

+6.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.56%

2.03%

-1.47%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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