Neuberger Berman ETF Trust Neuberger Berman Short Duration Income ETFNeuberger Berman ETF Trust Neuberger Berman Short Duration Income ETFNeuberger Berman ETF Trust Neuberger Berman Short Duration Income ETF

Neuberger Berman ETF Trust Neuberger Berman Short Duration Income ETF

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Key stats


Assets under management (AUM)
‪168.81 M‬USD
Fund flows (1Y)
‪22.83 M‬USD
Dividend yield (indicated)
5.88%
Discount/Premium to NAV
0.2%
Shares outstanding
‪3.33 M‬
Expense ratio
0.35%

About Neuberger Berman ETF Trust Neuberger Berman Short Duration Income ETF


Issuer
NBSH Acquisition LLC
Brand
Neuberger Berman
Home page
Inception date
Jun 24, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Neuberger Berman Investment Advisers LLC
Distributor
Neuberger Berman BD LLC (Investment Management)
NBSD seeks risk-adjusted returns while maintaining a short portfolio duration to manage interest rate risk. The fund constructs a portfolio of fixed and floating-rate investment-grade debts issued by domestic and foreign governments and corporations, including mortgage- and asset-backed securities, CDOs, CLOs, and credit risk transfer securities. Up to 20% of the assets may be allocated to junk bonds and foreign securities. The strategy aims to exploit undervalued sectors of the US fixed-income market by monitoring market and industry trends using proprietary and third-party qualitative and quantitative factors. The fund may hold US treasuries and other money market instruments as needed. The fund may engage in active and frequent trading. Derivatives may be used for hedging purposes. The former mutual fund converted to an ETF structure on June 24, 2024, starting with assets amounting to $144.33 million.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Corporate
Futures
Bonds, Cash & Other100.00%
Securitized37.93%
Corporate28.85%
Futures27.06%
Cash5.13%
Loans0.53%
Miscellaneous0.43%
Agency0.08%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.