Fact sheet: NB Shrt DurHi YldBd

Fund information
Fund name
NB Short Duration High Yield Bond Inst Inc GBP
Fund manager company
Neuberger Berman Europe Ltd
Fund type
No data available.
Fund managers
  • Dan Doylesince 20/12/2011
  • Russ Covodesince 20/12/2011
  • Patrick Flynnsince 20/12/2011
  • Thomas O Reillysince 20/12/2011
Fund objective
To increase the value of your shares through a combination of growth and income from investments in short duration high yield bonds.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
4.1%
1 Year rank in sector
39/46
Sector
FO Fixed Int - USD High Yield
Yield
-
Fund size
£1,075m (£1,254m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
26
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd28.7%
Old Mutual MtyInc HiYdBd26.5%
Allianz US Hi Yd24.6%
UBS LBdSICVAsnHiYld$13.2%
GS AsHiYiBoPo11.8%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • USA86.2%
    Others5.6%
    Money Market2.1%
    Canada1.7%
    Germany1.6%
  • Others53.4%
    Health Care13.8%
    Leisure & Hotels9.1%
    Telecommunications7.7%
    Real Estate & Construction7.7%
  • US Fixed Interest90.3%
    Property7.7%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%4.4%4.1%7%-
Sector0.2%4.4%7.8%7.4%10.5%35.6%
Rank within sector31 / 4639 / 4641 / 4639 / 4623 / 33-
Quartile3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.4%-2.6%0.8%6.3%8.3%
Sector10.1%-3.1%0.7%6.2%14.1%
Rank within sector38 / 4614 / 4116 / 3311 / 3223 / 24
Quartile4th2nd2nd2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.11
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.71
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
3.8
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.89
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.62
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.9
Price movement
52 week high9.56
52 week low8.85
Current bid price-
Current offer price-
Current mid price9.44
Region
1USA86.18%
2Others5.57%
3Money Market2.05%
4Canada1.65%
5Germany1.6%
6Netherlands1.57%
7Luxembourg1.38%
Industry sector
1Others53.43%
2Health Care13.75%
3Leisure & Hotels9.12%
4Telecommunications7.72%
5Real Estate & Construction7.65%
6Technology6.28%
7Money Market2.05%
Asset type
1US Fixed Interest90.3%
2Property7.65%
3Money Market2.05%
Individual holdings
No data available.
Management
Fund manager group
Neuberger Berman
Fund manager company
Neuberger Berman Europe Ltd
Fund type
No data available.
Fund objective
To increase the value of your shares through a combination of growth and income from investments in short duration high yield bonds.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Dan Doyle20/12/2011Mr. Doyle, a veteran portfolio manager, is a member of Neuberger Berman's credit committee for high yield bonds and bank loans. He joins co-portfolio managers Ann Benjamin, chief investment officer for non-investment grade credit, Tom O'Reilly, CFA, and Russ Covode. Mr. Doyle joined Neuberger Berman in 2012 from Sun Trust Robinson Humphrey, where he was a managing director specializing in high yield sales. Earlier, he served as a portfolio manager at Henderson Global Investors, ING Investment Management and Zurich Scudder Investments. He began his career at the Federal Reserve Bank of Chicago, having earned a BS from Northern Illinois University and an MBA from the University of Chicago.
Russ Covode20/12/2011Russ Covode, Managing Director, joined the firm in 2004. Russ serves as a Portfolio Manager for high yield and blended credit portfolios. In addition, he sits on the Credit Committee for high yield bonds and bank loans. Prior to joining the firm, Russ spent five years at Banc One Capital Markets, where he was most recently a principal in the bank’s mezzanine fund. Before that, he spent seven years with the high yield group at Banc of America Securities in various positions including leading the bank’s high yield capital markets desk. Russ began his career with S.G. Warburg & Co. in New York. Russ earned a BA from Colorado College and an MBA from the University of Chicago.
Patrick Flynn20/12/2011Mr. Patrick H. Flynn, CFA serves as Managing Director and Portfolio Manager of Neuberger Berman Europe Limited. Mr. Flynn serves as the Co-Head of the distressed portfolio management and co-director of Leveraged Asset Management Research at NB Group. He joined NB Group in 2006. He joined NB Group with more than 15 years of experience. He served as the Vice President and Director of Research at DDJ Capital Management, LLC (DDJ). Mr. Flynn joined DDJ in February 2005 from Putnam Investment Management, LLC where he served as a Senior Vice President in the High Yield Bond Group. From 1999 to 2005, Mr. Flynn served as a High Yield Research Analyst with responsibility for the utilities, energy, and chemicals sectors. Along with his research responsibilities at Putnam, he co-managed a portfolio of distressed securities from 2002 to 2005. Before joining Putnam, Mr. Flynn served as an Associate Director in high yield capital markets with SBC Warburg. He was employed in the leveraged finance area at Chase Securities from 1991 to 1996 as an Associate in the high yield finance, media and telecommunications, and credit risk groups. He also served as an Associate Director at UBS Investment Bank. He has been a Non-Executive Director of NB Distressed Debt Investment Fund Limited since April 21, 2010. Mr. Flynn is also a C.F.A. charter holder. He has earned an M.B.A. from the University of Chicago in Finance and Economics, with honors and graduated with an A.B. from Columbia University, Magna Cum Laude.
Thomas O Reilly20/12/2011O'Reilly is a vice president of Neuberger Berman Management Inc. and a managing director of Neuberger Berman, LLC. He also manages high yield portfolios for Lehman Brothers Asset Management LLC and its predecessor ("LBAM"), an affiliate of Neuberger Berman. O'Reilly has managed money for LBAM since 1997. He has been in the industry for over 15 years. O'Reilly holds the Chartered Financial Analyst designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
NB Short Duration High Yield Bond A Acc SGD
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.74
CurrencySGD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK4IK
NB Short Duration High Yield Bond A Dis EUR
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price8.98
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNUU
NB Short Duration High Yield Bond A Dis GBP
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.08
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNUV
NB Short Duration High Yield Bond A Dis USD
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price9.19
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI2CR
NB Short Duration High Yield Bond A Monthly AUD
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price9.16
CurrencyAUD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJEIK
NB Short Duration High Yield Bond A Monthly Dis
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.16
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK2MW
NB Short Duration High Yield Bond A Monthly SGD
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.58
CurrencySGD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK2HK
NB Short Duration High Yield Bond Adviser CHF
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price11.12
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0Z6D
NB Short Duration High Yield Bond Adviser EUR
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price11.44
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0NH2
NB Short Duration High Yield Bond Adviser USD
Initial charge5%
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price11.64
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0NH3
NB Short Duration High Yield Bond B Monthly Dis USD
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.69
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKM4H
NB Short Duration High Yield Bond C Acc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.73
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI17Q
NB Short Duration High Yield Bond C Inc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.24
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI0YN
NB Short Duration High Yield Bond C2 Monthly Dis RMB
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.42
CurrencyCNH
Price updated28/06/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKM4K
NB Short Duration High Yield Bond C2 Monthly Dis USD
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.61
CurrencyUSD
Price updated28/06/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKM4I
NB Short Duration High Yield Bond I2 Acc CHF
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.19
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK4IG
NB Short Duration High Yield Bond I2 Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.81
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI2CZ
NB Short Duration High Yield Bond I2 Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price11.18
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1HX
NB Short Duration High Yield Bond I2 Acc USD
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price11.15
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI2DB
NB Short Duration High Yield Bond I2 Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.91
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI2DA
NB Short Duration High Yield Bond I2 Inc GBP
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.21
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI1HY
NB Short Duration High Yield Bond I2 Inc USD
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.17
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI2DC
NB Short Duration High Yield Bond Inst Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.11
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0P9B
NB Short Duration High Yield Bond Inst Acc JPY
Initial charge-
Annual charge0.6%
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price1160.37
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code10CT
NB Short Duration High Yield Bond Inst CHF
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price11.6
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NH4
NB Short Duration High Yield Bond Inst EUR
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price11.74
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NH6
NB Short Duration High Yield Bond Inst Inc EUR
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.25
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0QT9
NB Short Duration High Yield Bond Inst Inc GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price9.44
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0NH7
NB Short Duration High Yield Bond Inst Inc USD
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price9.39
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0PDK
NB Short Duration High Yield Bond Inst USD
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price11.96
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NH5
NB Short Duration High Yield Bond M Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.54
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY9N
NB Short Duration High Yield Bond M Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.29
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY9O
NB Short Duration High Yield Bond Monthly Dis RMB
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.22
CurrencyCNH
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGLLE
NB Short Duration High Yield Bond T Monthly Dis RMB
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.39
CurrencyCNH
Price updated28/06/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNUX
NB Short Duration High Yield Bond T Monthly Dis USD
Initial charge-
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.9
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKM4J
NB Short Duration High Yield Bond T Weekly Dis USD
Initial charge5%
Annual charge1.8%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.78
CurrencyUSD
Price updated28/06/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKI7G
NB Short Duration High Yield Bond Z Acc USD
Initial charge-
Annual charge-
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.41
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKNUW
Data provided by

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