Neuberger Berman Floating Rate Income Fund A Class
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Rating
Reward
Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
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Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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NAV
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Company Information
Provider
Neuberger Berman
Manager/Tenure
(Years)
(Years)
Joseph P. Lynch (15), Stephen J. Casey (14)
Website
Address
1290 Avenue of the Americas
New York NY - 10104
New York NY - 10104
Country
United States
Phone Number
800-877-9700
Investment Strategy
The investment seeks high current income. To pursue its goal, the fund invests mainly in floating rate senior secured loans issued in U.S. dollars by U.S. and foreign corporations, partnerships and other business entities (borrowers). These loans are often at the time of investment below investment grade securities. It normally invests at least 80% of its net assets in floating rate securities (including loans) and other investment companies that provide investment exposure to such floating rate securities.