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    Neuberger Berman Abs Ret Multi-Mgr Instl (NABIX)

    11.02 Up 0.05(0.46%) Dec 18
    Prev Close:10.97
    YTD Return*:1.09%
    Net Assets*:1.70B
    Yield*:N/A

    * As of 30-Nov-14

    Quotes delayed, except where indicated otherwise. Currency in USD.

    Top Holdings

    Symbol% AssetsYTD Return %
    SPDR® S&P 500 ETF3.7525.88
    DTV2.1390.16
    iShares Russell 20001.9051.15
    AGN1.6412.39
    COV1.3757.27

    Fund Basics

    Morningstar Overall Rating:N/A
    Total Assets:1.7B
    Category:Multialternative
    Annual Report Expense Ratio (net):2.01%

    Performance & Risk

    YTD Return:1.09%
    5y Avg Return:N/A
    Rank in Category (ytd):69
    % Rank in Category (ytd):18.45%
    Beta (3y):N/A
    Morningstar Risk Rating:

    Fund Summary

    The investment seeks capital appreciation with an emphasis on absolute (i.e., positive) returns. The fund seeks to achieve its goal by allocating its assets to multiple subadvisers that employ a variety of investment strategies. The Portfolio Managers at NB Alternative Investment Management LLC ("NBAIM" or the "Adviser") are responsible for selecting each subadviser and for determining the amount of fund assets to allocate to each subadviser. The Portfolio Managers allocate fund assets to subadvisers whose strategy the Portfolio Managers believe, when combined to form a single portfolio, can provide attractive risk-adjusted returns over the long term. View More
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