Key stats
About Neuberger Berman ETF Trust Neuberger Berman Short Duration Income ETF
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Inception date
Jun 24, 2024
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Futures
Stocks0.08%
Utilities0.08%
Bonds, Cash & Other99.92%
Securitized37.73%
Corporate30.80%
Futures25.15%
Cash5.35%
Loans0.74%
Agency0.08%
Miscellaneous0.08%
Top 10 holdings
Dividends
Dividend payout history