NBFC

Neuberger Berman Flexible Credit Income ETF

$51.57

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Neuberger Berman Flexible Credit Income ETF (NBFC) seeks to provide a high level of current income by investing in a diversified portfolio of fixed income securities.

Overview

ETF tracking Neuberger Berman Flexible Credit Income ETF

Category Fixed Income

Issuer Other

Inception Date 2024-06-25

Market Cap $55.4M

Average Volume N/A

Dividend Yield 5.87%

52-Week Range $48.81 - $52.36

VWAP $51.55

Performance

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Investment Summary

📎 Investment Objective

The Neuberger Berman Flexible Credit Income ETF (NBFC) seeks to provide a high level of current income by investing in a diversified portfolio of fixed income securities.

🎯 Investment Strategy

The fund employs a flexible, multi-sector approach to fixed income investing, allocating across investment grade and high yield corporate bonds, securitized debt, and other fixed income instruments. The portfolio managers actively manage duration, credit quality, and sector exposures to generate attractive risk-adjusted returns.

✨ Key Features

Flexible, multi-sector fixed income strategy
Actively managed to adapt to changing market conditions
Broad exposure to investment grade and high yield corporate bonds, securitized debt, and other fixed income assets
Aims to provide a high level of current income

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk as the fund is exposed to the creditworthiness of its bond holdings
Liquidity risk as some fixed income securities may be difficult to sell
Sector concentration risk as the fund may have significant exposure to certain sectors

👤 Best For

This ETF may be suitable for investors seeking a flexible, actively managed fixed income solution that can provide a high level of current income. It may be appropriate as a core fixed income holding or as a complement to a broader investment portfolio.