Neuberger Berman Floating Rate Inc A (NFIAX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for NFIAX at this time.
|Symbol||% Assets||YTD Return %|
|Clear Channel Communications Term Loan D||1.49||N/A|
|Level 3 Financing Inc 2020 Term Loan B||1.18||N/A|
|Reynolds Group Hldgs Inc New Incremental Us Term Loan||1.13||N/A|
|Station Casinos Llc Term Loan||1.12||N/A|
|Us Foodservice Inc Incremental Term Loan||1.03||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.07%|
Performance & Risk
|5y Avg Return:||N/A|
|Rank in Category (ytd):||88|
|% Rank in Category (ytd):||36.67%|
|Morningstar Risk Rating:||4|
The investment seeks high current income.
To pursue its goal, the fund invests mainly in floating rate senior secured loans issued in U.S. dollars by U.S. and foreign corporations, partnerships and other business entities (borrowers). These loans are often at the time of investment below investment grade securities (commonly known as "junk bonds"). The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating rate securities (including loans). View More