Neuberger Berman High Income Bond sports a deep and experienced team, but its process lacks a clear advantage over its high-yield bond Morningstar Category peers, leading to a Morningstar Analyst Rating of Neutral on its cheaper share classes. Its most expensive share class is rated Negative.
Will NHILX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NHILX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NHILX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NHILX’s parent organization’s priorities and whether they’re in line with investors’ interests.