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  5. Neuberger Berman Global High Yield - Managed fund profile

Neuberger Berman Global High Yield - Managed Fund

Fund Objective
The Fund's investment objective is to provide a consistent monthly income stream, while achieving an attractive level of total return (income plus capital appreciation) over a full market cycle. The Fund also aims to outperform the benchmark, after fees and costs, on a rolling three-year basis.
Fund Strategy
The investment team is focussed on generating returns in excess of the benchmark across the market cycle. The investment team aims to achieve this through a defensive investment approach that places a strong emphasis on capital preservation, particularly in anticipation of and during downturns in the market, while still seeking to participate in capital appreciation when the market is rising.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.02% 3.28% 6.34% 16.57% -% -% -% -%
Growth return 0.5% 1.7% 3.08% 9.44% -% -% -% -%
Income return 0.52% 1.58% 3.26% 7.13% -% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Neuberger Berman Global High Yield
Cash
0.26%
Fixed Interest
97.54%
Alternatives
2.20%
Australian Equities
0%
International Equities
0%
Average Allocation of Peers
Cash
20.03%
Fixed Interest
79.26%
Alternatives
0.66%
Australian Equities
0.03%
International Equities
0.03%

General Information

Fund Details
Type Description
Neuberger Berman Global High Yield
Equity Trustees Ltd
ETL9987AU
Non Investment Grade Debt
Not Rated
Investment Fund
10 May 2024
$418.24 million (as at 31 Aug 2025)
$1.679 (as at 17 Sep 2025)
$1.6722 (as at 17 Sep 2025)
Open
Offer information
Type Description
MER 0.85% (as at 8 Jul 2024)
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
Teva Pharmaceutical Finance Netherlands II B.V 4.375% Bond - Corporate Bond 0.50%
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FAQs about the Neuberger Berman Global High Yield

The objective of the Neuberger Berman Global High Yield managed fund is The Fund's investment objective is to provide a consistent monthly income stream, while achieving an attractive level of total return (income plus capital appreciation) over a full market cycle. The Fund also aims to outperform the benchmark, after fees and costs, on a rolling three-year basis.

The strategy of the Neuberger Berman Global High Yield managed fund is The investment team is focussed on generating returns in excess of the benchmark across the market cycle. The investment team aims to achieve this through a defensive investment approach that places a strong emphasis on capital preservation, particularly in anticipation of and during downturns in the market, while still seeking to participate in capital appreciation when the market is rising.

The APIR code of the Neuberger Berman Global High Yield managed fund is ETL9987AU.

Neuberger Berman Global High Yield’s total return last month was 1.02%. This was made up of a growth return of 0.5% and an income return of 0.52%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Global High Yield’s total return for the last three months was 3.28%. This was made up of a growth return of 1.7% and an income return of 1.58%%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Global High Yield’s one-year total return is 16.57%. This was made up of a growth return of 9.44% and an income return of 7.13%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Global High Yield’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Neuberger Berman Global High Yield managed fund is :

Cash
0.26%
Fixed Interest
97.54%
Alternatives
2.20%
Australian Equities
0%
International Equities
0%

The Responsible Entity for the Neuberger Berman Global High Yield managed fund is Equity Trustees Ltd.

The Neuberger Berman Global High Yield managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 31 Aug 2025, the size of the Neuberger Berman Global High Yield managed fund was $418.24 million.

The Neuberger Berman Global High Yield managed fund has an inception date of 10 May 2024.

The current entry price of the Neuberger Berman Global High Yield managed fund is $1.679 per unit and the current exit price is $1.6722 per unit (as at 17 Sep 2025).

The current exit price of the Neuberger Berman Global High Yield managed fund is $1.6722 per unit and the current entry price is $1.679 per unit (as at 17 Sep 2025).

The minimum initial investment amount for the Neuberger Berman Global High Yield managed fund is $25,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.