Neuberger Berman CLO Income Fund Class USD Z AccumulatingRegister to Unlock Ratings |
Performance History | 31/08/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
Fund | 5.2 | 9.4 | 5.5 | 15.8 | 9.3 | |
+/-Cat | - | - | - | - | - | |
+/-B’mrk | - | - | - | - | - | |
Category: Other Bond | ||||||
Category Benchmark: - |
Key Stats | ||
NAV 16/09/2024 | USD 16.06 | |
Day Change | -0.21% | |
Morningstar Category™ | Other Bond | |
ISIN | IE00BG7PPZ91 | |
Fund Size (Mil) 16/09/2024 | USD 656.94 | |
Share Class Size (Mil) 16/09/2024 | USD 0.95 | |
Max Initial Charge | - | |
Ongoing Charge 14/02/2024 | 0.18% |
Investment Objective: Neuberger Berman CLO Income Fund Class USD Z Accumulating |
The Portfolio aims to achieve a target average return of 4-5% over the Benchmark (as specified in the “Benchmark” section below) before fees over a market cycle (typically 3 years or over) by investing primarily in USD and EUR denominated floating rate collateralised loan obligations (“CLO”) mezzanine debt securities and also in US high yield debt securities which are listed or traded on Recognised Markets. The Sub-Investment Manager will aim to achieve the Portfolio’s investment objective through a disciplined investment process, which seeks to identify CLO mezzanine debt securities which are backed by an underlying portfolio of loans with a higher portfolio score. |
Returns | |||||||||||||
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Management | ||
Manager Name Start Date | ||
Joseph Lynch 12/07/2018 | ||
Stephen Casey 12/07/2018 | ||
Click here to see others | ||
Inception Date 18/04/2019 |
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Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
ICE BofA USD 3M Dep OR CM TR USD | - |
Target Market | ||||||||||||||||||||
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Portfolio Profile for Neuberger Berman CLO Income Fund Class USD Z Accumulating | - |
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