Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD I Accumulating header image

Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD I Accumulating

Fund

ISIN IE00BL1NMX11 / Valor null

NAV (2024-06-28)
USD 11.00+0.17%

Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD I Accumulating
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General Objective

The fund aims to maximize current income over the term of the fund by investing in a diversified mix of global fixed income securities, including high income securities. The fund focuses on identifying attractive investment opportunities while minimizing single credit issuer risk.

Fund Exposure

The fund predominantly invests in debt securities issued by governments, agencies, and corporations worldwide, including within emerging markets countries. It utilizes a disciplined investment process across all fixed income sectors, taking into account interest rates, inflation, market sentiment, and geopolitical issues to build a well-diversified portfolio.

Risks

The main risks associated with this fund include market risk, liquidity risk, counterparty risk, credit risk, and interest rate risk. Market risk arises from changes in the value of positions due to underlying market factors, while liquidity risk may impact the fund's ability to sell investments at fair market value. Counterparty risk involves the potential failure of a counterparty to fulfill payment obligations, and credit risk relates to bond issuers failing to meet repayments. Interest rate risk stems from movements in interest rates affecting the value of fixed-rate bonds held by the fund.

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Source

https://www.nb.com/handlers/documents.ashx?id=e39645a3-d911-4d59-b14f-fb2a4bdc69a7&name=Neuberger%20Berman_MiFIDII_EMT_Latest_Report_July%2031

Tags:
fixed income global bonds

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OTHER SHARE CLASSES OF THIS FUND

Neuberger Berman Global Diversified Income FMP - 2024 Fund Class SGD A Distributing - Hedged
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Annual Return

-50%0%+50%

Risk level

110
0.14%SGD 18.58
Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD A Distributing
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0.13%USD 9.51
Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD I Distributing
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0.21%USD 9.52
Neuberger Berman Global Diversified Income FMP - 2024 Fund Class USD X Accumulating
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Neuberger Berman Global Diversified Income FMP - 2024 Fund Class EUR A Accumulating - Hedged
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Neuberger Berman Global Diversified Income FMP - 2024 Fund Class EUR A Distributing - Hedged
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Annual Return

-50%0%+50%

Risk level

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0.14%USD 10.83
Neuberger Berman Global Diversified Income FMP - 2024 Fund Class HKD A Distributing
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0.20%GBP 9.40