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Neuberger Berman High Income Bond Fund (NHINX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

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

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Neuberger Berman High Income Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Neuberger Berman High Income Bond Fund (NHINX) has returned -1.82% so far this year and 5.52% over the past 12 months. Over the last ten years, NHINX has returned 4.64% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Neuberger Berman High Income Bond Fund

1D
0.13%
1M
-2.59%
YTD
-1.82%
6M
-0.51%
1Y
5.52%
3Y*
7.11%
5Y*
2.60%
10Y*
4.64%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 31, 1992, NHINX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, your investment would double in approximately 12.1 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%-2.59%-1.82%
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 4.98%, beta of 0.09, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since February 03, 1992.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (34.14%) than losses (27.25%) — 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
4.98%
Beta
0.09
0.09
Upside Capture
34.14%
Downside Capture
27.25%

Expense Ratio

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


Return for Risk

Risk / Return Rank

NHINX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


NHINX Risk / Return Rank: 8282
Overall Rank
NHINX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
NHINX Sortino Ratio Rank: 8686
Sortino Ratio Rank
NHINX Omega Ratio Rank: 8787
Omega Ratio Rank
NHINX Calmar Ratio Rank: 7676
Calmar Ratio Rank
NHINX Martin Ratio Rank: 7878
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 a chosen benchmark (S&P 500 Index).


NHINXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.64

0.90

+0.74

Sortino ratio

Return per unit of downside risk

2.32

1.39

+0.93

Omega ratio

Gain probability vs. loss probability

1.37

1.21

+0.16

Calmar ratio

Return relative to maximum drawdown

1.83

1.40

+0.43

Martin ratio

Return relative to average drawdown

7.60

6.61

+0.99

Explore NHINX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Neuberger Berman High Income Bond Fund provided a 6.03% dividend yield over the last twelve months, with an annual payout of $0.45 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$0.45$0.50$0.52$0.41$0.32$0.41$0.41$0.45$0.45$0.43$0.46$0.51

Dividend yield

6.03%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$0.00$0.08
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 2.59%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.47%Jun 1, 2007389Dec 12, 2008158Jul 31, 2009547
-22.85%Feb 20, 202023Mar 23, 202095Aug 6, 2020118
-16.47%Oct 1, 19971264Oct 10, 2002244Sep 30, 20031508
-16.38%Jan 3, 2022187Sep 29, 2022460Jul 31, 2024647
-11.74%Jun 1, 2015178Feb 11, 2016102Jul 8, 2016280

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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