Neuberger Berman Absolute Return Multi Manager Fd Cl C: (MF: NABCX)
(NASDAQ Mutual Funds) As of Oct 17, 2024 08:00 PM ET
$11.15 USD
+0.02 (0.18%)
Fund Description
The fund was incepted in April 1993 and is managed by ING Investment. The fund seeks a balance of long-term capital appreciation and current income by investing in a mix of equity and debt securities with an emphasis on overall total return. The fund's adviser actively manages a blended portfolio of equity and debt securities with an emphasis on overall total return. The fund normally maintains 40% to 60% of its assets in debt securities of any maturity issued by corporations or other business entities and the U.S. Government and its agencies and instrumentalities, and government sponsored enterprises. The remainders of the fund's assets are normally invested in equity securities of large companies that the adviser believes are leaders in their industries. The fund may invest up to 20% of its total assets in foreign securities. A portion of the fund's net assets (up to 35%) may be invested in high yield debt securities (commonly known as 'junk bonds') rated below investment grade, or of comparable quality if unrated. Dividends, if any, are distributed quarterly. Capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Neuberger Berman Asb Rtn Mlt Mngr C | NABCX | NA | NA | 1.00 | 1.00 | 1.96 | 2.88 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return |
|---|
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Neuberger Berman Asb Rtn Mlt Mngr C | NABCX | 1000 | 100 | 0 | A |
Contact Information
| Family | Neuberger |
| Address | 605 3rd Ave, 2nd Fl New York, NY 10158-0180 |
| Phone | 877 877-9700 |