- ISIN
- US64128K8505
- CUSIP
- 64128K850
- Issuer
- Neuberger Berman
- Inception Date
- Jan 31, 1992
- Category
- High Yield Bonds
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.52% | 0.26% | -1.43% | 1.59% | 0.37% | -0.13% | 1.17% | ||||||
| 2025 | 1.34% | 0.67% | -1.14% | 0.15% | 1.61% | 1.86% | 0.29% | 1.33% | 0.67% | 0.15% | 0.53% | 0.65% | 8.39% |
| 2024 | 0.16% | 0.31% | 1.11% | -0.70% | 1.15% | 0.98% | 1.64% | 1.49% | 1.47% | -0.62% | 1.21% | -0.49% | 7.94% |
| 2023 | 3.70% | -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% |
| 2021 | 0.06% | 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
- R²
- 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.
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.
| NHINX | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 6mo | 7mo 21d | 2y 2moJun 2007 - Jul 2009 |
COVID crash2020 | -22.85%Mar 2020 | 1mo 2d | 4mo 16d | 5mo 18dFeb 2020 - Aug 2020 |
Dot-com crash2000–2002 | -16.47%Oct 2002 | 5y 10d | 11mo 25d | 6yOct 1997 - Sep 2003 |
Bear market2022 | -16.38%Sep 2022 | 8mo 29d | 1y 10mo | 2y 7moJan 2022 - Jul 2024 |
2016 correction2016 | -11.74%Feb 2016 | 8mo 15d | 4mo 28d | 1y 1moJun 2015 - Jul 2016 |
Drawdown Indicators
| NHINX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.13% | -1.80% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -3.75% | -10.71% | +6.96% |
Ulcer IndexDepth 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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