Neuberger Berman Strategic Income Fund
NRSIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- New York, NY 10158 New York NY United States of America 10158
- IPO Date
- Mar 15, 2013
- CIK
- 0000723620
- Website
- nb.com
- Similar Companies
- Business
- Neuberger Berman Strategic Income Fund (NRSIX) is an open-end mutual fund that seeks high current income with a secondary objective of long-term capital appreciation by investing primarily in a diversified mix of debt securities of varying maturities across global fixed income markets. The fund employs a dynamic, tactical multi-sector approach, allocating flexibly across investment grade and non-investment grade sectors including U.S. agency mortgage-backed securities, corporate bonds, government-related bonds, asset-backed securities, U.S. Treasuries, Treasury futures, and non-U.S. bonds; it maintains a focus on medium credit quality and moderate interest-rate sensitivity with an effective duration of approximately 4.7 years and an emphasis on downside protection through relative value strategies. Offered in multiple share classes including R6 (NRSIX, inception March 15, 2013), Institutional, A, C, and Trust classes, the fund has total net assets of approximately $6.7 billion and is managed by Neuberger Berman Investment Advisers LLC, part of the employee-owned Neuberger Berman Group founded in 1939 and headquartered in New York with global operations across 26 countries. The portfolio features over 2,200 holdings, with top exposures to agency mortgage-backed securities (30%), corporate bonds (21%), and government-related instruments (18%), alongside cash equivalents and derivatives for tactical positioning. Recent management enhancements include the addition of Robert Dishner and Thomas Sobanski as co-portfolio managers effective December 31, 2024, alongside veterans Thanos Bardas, David Brown, and Ashok Bhatia (elevated to sole CIO of fixed income following prior transitions announced in 2023); Neuberger Berman also bolstered its fixed income platform in November 2024 with the appointment of Paul Grainger as Managing Director and Senior Portfolio Manager from Schroders, enhancing global capabilities amid ongoing AUM growth to over $550 billion firm-wide.