Neuberger Berman Short Duration Income ETF
NBSD
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1290 Avenue of the Americas New York NY United States of America 10104
- IPO Date
- Jun 24, 2024
- Website
- nb.com
- Similar Companies
- Business
- Neuberger Berman Short Duration Income ETF (NBSD) is an actively managed exchange-traded fund that seeks the highest available current income consistent with liquidity and low risk to principal, with total return as a secondary objective. NBSD pursues a multi-sector fixed income strategy focused on the front end of the yield curve, targeting an average portfolio duration of 1-3 years and capping exposure to non-investment grade securities at 20%; its core holdings include investment grade credit, agency mortgage-backed securities, securitized credit, non-investment grade credit, emerging market debt, and municipals, with investments across rates and credit markets for optimal income opportunities. The ETF, managed by Neuberger Berman Investment Advisers LLC and listed on NYSE Arca under ticker NBSD (CUSIP 64135A887), maintains a net expense ratio of 0.35% and as of late 2025 holds approximately $441.6 million in assets across 694 securities, primarily serving U.S. investors seeking short-duration income solutions. NBSD originated from the Neuberger Berman Short Duration Bond Fund, an open-end mutual fund with an inception date of June 9, 1986, whose assets and liabilities were acquired by the ETF as of the close of business on June 21, 2024, with shares listing on NYSE Arca the following day on June 24, 2024; this conversion assumed the predecessor's performance history, investment objective, strategy, restrictions, and portfolio management team led by Senior Portfolio Managers Michael Foster, Dave Brown, and Ashok Bhatia, alongside Matthew McGinnis. The fund operates primarily in U.S. dollar-denominated fixed income markets, with geographic focus on domestic securities supplemented by selective emerging market debt exposure; Neuberger Berman, headquartered in New York and founded in 1939, issues NBSD as part of its expanding active ETF platform, which includes nine U.S.-listed funds totaling over $970 million in assets under management as of mid-2024.