Neuberger Berman European High Yield Bond Fund USD A (Monthly) Distributing Class Hedged
Bond
Recent Price
Fund description
The Fund aims to increase the value of your shares through a combination of growth and income from investments in European high yield bonds (debt securities). High yield bonds have a lower credit rating because they carry a higher risk of not being paid back. High yield bonds typically offer a higher income to make them attractive to investors. The fund invests primarily in high yield bonds which are: Denominated in a European currency or, Issued or guaranteed by a European corporation or non-European corporations which conduct a majority of their activity in Europe
Fund Performance
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Return
1 week
0.63
1 month
-0.10
6 months
-0.10
1 year
-0.10
3 years
-3.38
Since start *
13.19
Annualized Return %
1 week
1 month
6 months
1 year
-0.10
3 years
-1.14
since start *
2.28
Annual Volatility %
1 week
1 month
6 months
1 year
0.78
3 years
1.60
since start *
8.18
Sharpe ratio +
1 week
1 month
6 months
1 year
-0.77
3 years
-1.03
since start *
0.22
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
| Price frequency | Daily |
| Pricing basis | Forward |
| Dealing basis (subscriptions) What is this? | T+0 |
| Dealing basis (redemptions) What is this? | T+0 |
| Sector | All |
| Asset class | Bond |
| Asset sub-class | High Yield |
| Region | Europe Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | USD 10.00 |
| Price currency [1] | USD |
| Payment currency | USD |
| Investment type | Cash only |
| Risk (volatility) What is this? | Low |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
1.200% |
| Latest bid/NAV price | USD 9.38 (9-Dec-2024) |
| Bid price changes from last available price | +0.09% |
| Benchmark | ICE BofAML European Currency Non-Financial High Yield 3% Constrained Index |
| Minimum initial investment | USD 1,000 |
| Minimum subsequent investment | USD 100 |
| Minimum RSP investment | USD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.