Neuberger Berman Short Duration Bond Fund (NSBIX)
To pursue its goals, the fund invests mainly in fixed and floating rate investment-grade bonds and other debt securities issued by domestic and foreign governments, corporate entities, and trusts. It normally invests at least 80% of its net assets in bonds and other debt securities and other investment companies that provide investment exposure to such debt securities.
Fund Info
| ISIN | US64128K8190 |
|---|---|
| CUSIP | 64128K819 |
| Issuer | Neuberger Berman |
| Inception Date | Jun 9, 1986 |
| Category | Short-Term Bond |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
NSBIX features an expense ratio of 0.57%, falling within the medium range.
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 Short Duration 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.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 18.13% |
| 1 month | N/A | 1.45% |
| 6 months | N/A | 8.81% |
| 1 year | N/A | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of NSBIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.88% | -0.13% | 0.59% | -0.23% | 0.42% | 0.00% | 1.54% | ||||||
| 2023 | 1.65% | -0.76% | 0.98% | 0.56% | -0.30% | 0.00% | 0.70% | 0.29% | -0.14% | 0.01% | 1.60% | 1.44% | 6.17% |
| 2022 | -0.99% | -0.69% | -1.20% | -1.08% | -0.18% | -1.55% | 1.24% | -0.53% | -1.76% | 0.09% | 1.22% | 0.35% | -5.01% |
| 2021 | 0.34% | 0.10% | 0.23% | 0.41% | 0.24% | 0.01% | 0.01% | -0.01% | 0.13% | -0.30% | -0.28% | 0.06% | 0.93% |
| 2020 | 0.66% | 0.38% | -6.89% | 2.46% | 2.52% | 1.42% | 0.88% | 0.52% | -0.02% | -0.04% | 1.14% | 0.74% | 3.51% |
| 2019 | 0.59% | 0.07% | 0.58% | 0.34% | 0.45% | 0.45% | 0.06% | 0.62% | 0.13% | 0.26% | 0.13% | 0.26% | 4.01% |
| 2018 | -0.26% | -0.25% | 0.03% | 0.03% | 0.30% | 0.04% | 0.04% | 0.43% | -0.08% | 0.05% | 0.18% | 0.59% | 1.11% |
| 2017 | 0.10% | 0.10% | 0.10% | 0.23% | 0.11% | -0.03% | 0.23% | 0.12% | -0.13% | 0.01% | -0.24% | 0.13% | 0.74% |
| 2016 | 0.47% | 0.09% | 0.34% | 0.09% | -0.15% | 0.48% | 0.10% | -0.14% | -0.04% | -0.03% | -0.41% | -0.03% | 0.79% |
| 2015 | 0.34% | -0.04% | 0.21% | -0.04% | 0.09% | -0.15% | -0.02% | -0.03% | 0.22% | -0.06% | -0.06% | -0.18% | 0.28% |
| 2014 | 0.25% | 0.12% | -0.14% | 0.11% | 0.23% | -0.04% | -0.04% | 0.09% | -0.16% | 0.09% | 0.09% | -0.15% | 0.45% |
| 2013 | 0.11% | 0.25% | -0.00% | 0.26% | -0.25% | -0.37% | 0.15% | -0.13% | 0.38% | 0.24% | 0.12% | -0.11% | 0.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of NSBIX is 86, placing it in the top 14% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Neuberger Berman Short Duration Bond Fund (NSBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Neuberger Berman Short Duration Bond Fund granted a 3.54% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.35 | $0.25 | $0.23 | $0.23 | $0.21 | $0.15 | $0.11 | $0.09 | $0.08 | $0.10 | $0.12 |
Dividend yield | 3.54% | 4.95% | 3.50% | 3.03% | 2.87% | 2.63% | 2.00% | 1.39% | 1.18% | 1.05% | 1.22% | 1.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Neuberger Berman Short Duration 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.13 | |||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2022 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.25 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Neuberger Berman Short Duration 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 Short Duration Bond Fund was 22.52%, occurring on Nov 20, 2008. Recovery took 1545 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.52% | Jan 24, 2008 | 210 | Nov 20, 2008 | 1545 | Jan 14, 2015 | 1755 |
| -10.45% | Mar 6, 2020 | 13 | Mar 24, 2020 | 110 | Aug 28, 2020 | 123 |
| -7.72% | Oct 4, 2021 | 265 | Oct 20, 2022 | 297 | Dec 27, 2023 | 562 |
| -4.85% | Feb 14, 2003 | 2 | Feb 18, 2003 | 8 | Feb 28, 2003 | 10 |
| -3.56% | Nov 9, 1999 | 8 | Nov 18, 1999 | 12 | Dec 6, 1999 | 20 |
Volatility
Volatility Chart
The current Neuberger Berman Short Duration Bond Fund volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.