Neuberger Berman Short Duration Bond Trust Class (NSBTX)
Neuberger Berman Short Duration Bond Trust Class operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY. The stock last traded at $6.76, up 0.15% on the session, giving a market capitalisation of $157.3M. Its beta of 0.32 implies it has historically moved less than the broad market.
The fund's primary objective is to generate the highest possible current income, while prioritizing liquidity and minimizing risk to capital. Total return is a secondary consideration. To achieve these aims, the portfolio principally invests in high-quality fixed-income instruments, such as bonds and other debt securities issued by a diverse range of entities, including domestic and foreign governments, corporations, and various trusts. The fund commits at least 80% of its net assets to these types of debt instruments, or to other investment companies that provide exposure to similar debt securities.
Neuberger Berman Short Duration Bond Trust Class is most often compared with the following Financial Services names: