|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
High Yield Bond Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
4.34 Yrs
|
|
|
|
Avg Credit Quality |
|
|
B |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ -0.01 |
|
|
| NAV (2009-11-20) |
| $ 8.67 |
|
|
| YTD Return % (2009-11-20) |
| 45.77% |
|
|
| Total Assets ($ mil) |
| 550 |
|
| Growth of $10,000 |
 |
Fund: |
Neuberger Berman High Inc Bond Inv |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
High Yield Bond |
|
 |
Index: |
BarCap US Agg Bond TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1992-01-31 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
45.77 |
54.56 |
6.73 |
5.71 |
6.95 |
7.68 |
| +/- Category |
4.82 |
18.98 |
4.12 |
1.66 |
2.31 |
--- |
| +/- BarCap US Agg Bond TR USD |
--- |
--- |
--- |
--- |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
42.32 |
23.70 |
6.70 |
5.55 |
6.69 |
7.61 |
| Month-End (as of 2009-10-31) |
44.83 |
44.52 |
6.87 |
5.64 |
6.95 |
7.68 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
39.95 |
3.85 |
2.94 |
4.13 |
--- |
| On Distribution & Sale of Shares |
--- |
28.40 |
4.01 |
3.16 |
4.20 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
 |
|
--- |
|
| # of compared funds covered (3 yrs : out of 471 funds), (5 yrs : out of 401 funds), (10 yrs : out of 260 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| US Government |
0.00 |
| US Treasuries |
0.00 |
| TIPS |
0.00 |
| US Agency |
0.00 |
|
|
|
| Mortgage |
0.00 |
| Mortgage Pass-Thru |
0.00 |
| Mortgage CMO |
0.00 |
| Mortgage ARM |
0.00 |
|
|
|
| Credit |
90.82 |
| US Corporate |
86.65 |
| Asset-Backed |
4.17 |
| Convertible |
0.00 |
| Municipal |
0.00 |
| Corporate Inflation-Protected |
0.00 |
|
|
|
| Foreign |
4.98 |
| Foreign Corp |
4.98 |
| Foreign Govt |
0.00 |
|
|
|
| Cash |
4.20 |
|
| Bond Quality |
% of Bonds |
| AAA |
4.1 |
| AA |
0.0 |
| A |
1.1 |
| BBB |
5.1 |
| BB |
29.1 |
| B |
40.2 |
| Below B |
20.4 |
| Not Rated |
0.0 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
4.2 |
 |
Stocks |
0.0 |
|
Bonds |
95.8 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
115 |
| Total Number of Bond Holdings |
171 |
|
30 Day SEC Yield % |
9.40 |
| % of Assets in Top 10 Holdings |
20.75 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
Texas Comp Elec 3.906% |
2014-10-10 |
18,824 |
14,970 |
3.00 |
 |
Sabine Pass Lng L P 7.5% |
2016-11-30 |
14,050 |
11,995 |
2.40 |
|
United Airlines Inc Term B |
2014-02-01 |
15,660 |
11,510 |
2.31 |
|
Amer Gen Fin Medtm Srnt Be 6.9% |
2017-12-15 |
16,220 |
11,344 |
2.27 |
|
Sprint Cap 6.88% |
2028-11-15 |
12,950 |
10,813 |
2.17 |
|
 |
|
Roseton Danskammer Pt 2001 7.67% |
2016-11-08 |
10,550 |
9,693 |
1.94 |
|
Chesapeake Engy 9.5% |
2015-02-15 |
8,915 |
9,383 |
1.88 |
 |
Sungard Data Sys 10.25% |
2015-08-15 |
7,925 |
8,084 |
1.62 |
|
Ford Motor Credit 7% |
2013-10-01 |
8,390 |
7,875 |
1.58 |
|
Gmac 144A 6.875% |
2011-09-15 |
8,317 |
7,860 |
1.58 |
|
|
 |
Data through 2009-09-30 |
|
|
|
| Fund Inception: 1992-01-31 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Ann H. Benjamin (2005-10-03) |
|
|
|
Benjamin is a vice president of Neuberger Berman Management Inc. and a managing director of Neuberger Berman, LLC. She also manages high yield portfolios for Lehman Brothers Asset Management LLC and its predecessor ("LBAM"), an affiliate of Neuberger Berman. Benjamin has managed money for LBAM since 1997. She has been in the industry for over 24 years. |
|
|
|
|
|
Thomas P. O'Reilly (2005-10-03) |
|
|
|
O'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. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-10-16) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.92 |
based on net assets
(taken from annual report dated 2008-10-31)
|
|
| Correspondence Information |
605 Third Ave 2nd FL
New York,
NY
10158
United States |
|
|
|
| Telephone: |
| 800-877-9700 |
| 212-476-8800 |
|
|
