Fact sheet: NB Shrt DurHi YldBd

Fund information

Fund name
NB Short Duration High Yield Bond Inst Inc GBP
Fund company manager
Neuberger Berman Europe Ltd
Fund type
SIB
Fund manager
Thomas O Reilly
since 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.To increase the value of your shares through a combination of growth and income from investments in short duration high yield bonds. 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. Short duration high yield bonds have a shorter maturity (the date on which a bond is repaid to the investor) and a lower duration (how long it takes in years for the bond to be repaid); with low duration classified as approximately two years relative to four years for the broader high yield universe. The fund invests primarily in short duration high yield bonds issued by US corporations Non-US corporations which conduct a majority of their activity in the US.
Benchmark
No Specified Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

4.09 %

1 Year rank in sector

41/50

Sector

FO Fixed Int - USD High Yield

Yield
-
Fund size

£ 1.4 b

FE Risk score

26

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    82.86%
  • Others
    5.99%
  • Money Market
    3.33%
  • Canada
    3.1%
  • Luxembourg
    1.89%
  • Others
    55.76%
  • Health Care
    11.79%
  • Telecommunications
    9.66%
  • Leisure & Hotels
    7.39%
  • Gas Distribution
    6.13%
  • US Fixed Interest
    96.67%
  • Money Market
    3.33%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.41 %2 %4.09 %5.75 %19.86 %
Sector0.14 %2.79 %7.55 %9.52 %28.41 %
Rank within sector38 / 5843 / 5641 / 5028 / 4024 / 30
Quartile th3 rd4 th4 th3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund2.47 %7.3 %-2.62 %0.8 %6.28 %
Sector3.56 %12.74 %-3.11 %0.67 %6.23 %
Rank within sector42 / 5639 / 4920 / 4322 / 3811 / 35
Quartile th3 rd4 th2 nd3 rd2 nd

Risk statistics

Alpha-0.34
Beta0.69
Sharpe-0
Volatility3.7
Tracking error1.98
Information ratio-0.58
R-Squared0.89

Price movement

52 week high9.46
52 week low9.25
Current bid price0
Current offer price0
Current mid price9.32

Holdings by region

  • 82.86% USA
  • 5.99% Others
  • 3.33% Money Market
  • 3.1% Canada
  • 1.89% Luxembourg
  • 1.59% New Zealand
  • 1.24% Ireland

Holdings by sector

  • 55.76% Others
  • 11.79% Health Care
  • 9.66% Telecommunications
  • 7.39% Leisure & Hotels
  • 6.13% Gas Distribution
  • 5.94% Energy
  • 3.33% Money Market

Holdings by asset type

  • 96.67% US Fixed Interest
  • 3.33% Money Market

Individual holdings

-