Key stats
About Neuberger Berman Flexible Credit Income ETF
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Inception date
Jun 24, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neuberger Berman Investment Advisers LLC
Distributor
Neuberger Berman BD LLC (Investment Management)
ISIN
US64135A8797
NBFC uses a dynamic allocation framework, targeting optimal value across sectors of the global fixed-income market. This framework is based on macroeconomic views, market conditions, sector valuations, credit analysis, and other factors. Security selection is driven by bottom-up analysis, utilizing research on cash flows, creditworthiness, balance sheets, and market positioning from internal credit teams. The fund maintains an average portfolio duration of two to eight years. It includes various securities such as corporate and sovereign bonds, securitized instruments, CLOs, loans, tender option bonds, convertibles, restricted and hybrid securities, and preferred securities. As part of the strategy, ESG factors are considered when relevant. The fund may engage in active and frequent trading. Derivatives may be used to hedge risks and manage portfolio efficiency, adjusting exposure to currencies, interest rates, inflation, sectors, and specific issuers.
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
Corporate
Securitized
Loans
Bonds, Cash & Other100.00%
Corporate60.62%
Securitized18.28%
Loans10.21%
Government7.09%
Cash2.91%
Miscellaneous0.89%
Stock breakdown by region
North America70.30%
Europe16.25%
Latin America5.30%
Africa4.01%
Asia2.76%
Middle East0.98%
Oceania0.40%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NBFC invests in bonds. The fund's major sectors are Corporate, with 60.62% stocks, and Securitized, with 18.28% of the basket. The assets are mostly located in the North America region.
NBFC last dividends amounted to 0.30 USD. The month before, the issuer paid 0.28 USD in dividends, which shows a 5.07% increase.
NBFC assets under management is 55.35 M USD. It's fallen 0.70% over the last month.
NBFC fund flows account for 2.55 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NBFC pays dividends to its holders with the dividend yield of 7.27%. The last dividend (Sep 30, 2025) amounted to 0.30 USD. The dividends are paid monthly.
NBFC shares are issued by NBSH Acquisition LLC under the brand Neuberger Berman. The ETF was launched on Jun 24, 2024, and its management style is Active.
NBFC expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
NBFC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NBFC invests in bonds.
NBFC price has fallen by −0.57% over the last month, and its yearly performance shows a 0.61% increase. See more dynamics on NBFC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.01% over the last month, have fallen by −0.01% over the last month, showed a 3.02% increase in three-month performance and has increased by 7.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.01% over the last month, have fallen by −0.01% over the last month, showed a 3.02% increase in three-month performance and has increased by 7.94% in a year.
NBFC trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.