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 Dow Down 0.42% Nasdaq Down 0.39%

Neuberger Berman Floating Rate Inc Inst (NFIIX)

10.20 Down 0.01(0.10%) Aug 1
Prev Close:10.21
YTD Return*:1.65%
Net Assets*:553.73M
Yield*:3.75%

* As of 30-Jun-14

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

Headlines

  • No Headlines available for NFIIX at this time.

Top Holdings

Symbol% AssetsYTD Return %
Station Casinos Llc Term Loan1.28N/A
Us Foodservice Inc Incremental Term Loan1.14N/A
Ceridian Corp Term Loan1.05N/A
Numericable Finance + Co. Sca Term Loan B1.01N/A
Realogy Corp Term Loan B0.97N/A

Fund Basics

Morningstar Overall Rating:
Total Assets:553.73M
Category:Bank Loan
Annual Report Expense Ratio (net):0.70%

Performance & Risk

YTD Return:1.65%
5y Avg Return:N/A
Rank in Category (ytd):74
% Rank in Category (ytd):30.83%
Beta (3y):-0.10
Morningstar Risk Rating:4

Fund Summary

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
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