Neuberger Asset-Based Credit Fund Inst (NABFX)
10.20
+0.01
(+0.10%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 6.28% | 98.97M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 10.56% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income through an actively managed portfolio of asset-based credit investments. Under normal circumstances, the Fund will invest at least 80% of its Net Assets in Asset-Based Credit Investments, which derive returns from interest incomes, recurring revenues, fees or other. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Neuberger |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-268.37M
Peer Group Low
1.480B
Peer Group High
1 Year
% Rank:
--
-1.626B
Peer Group Low
8.947B
Peer Group High
3 Months
% Rank:
--
-820.89M
Peer Group Low
3.628B
Peer Group High
3 Years
% Rank:
--
-2.787B
Peer Group Low
24.53B
Peer Group High
6 Months
% Rank:
--
-536.30M
Peer Group Low
5.495B
Peer Group High
5 Years
% Rank:
--
-5.238B
Peer Group Low
28.18B
Peer Group High
YTD
% Rank:
--
-1.165B
Peer Group Low
7.400B
Peer Group High
10 Years
% Rank:
--
-10.45B
Peer Group Low
3.115B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | -8.66% |
| Stock | 0.63% |
| Bond | 106.9% |
| Convertible | 0.00% |
| Preferred | 8.20% |
| Other | -7.10% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
SFS Holdco FRN 18-Sep-2028
|
15.44% | -- | -- |
|
P A Addi-Victoria FRN 17-Oct-2027
|
10.18% | -- | -- |
|
Iru FRN 12-Mar-2031
|
9.96% | -- | -- |
| ALCAR INC. ALCARIN 11.0 09/01/2027 FIX USD Corporate | 9.17% | -- | -- |
|
D Miller & Associates PLLC FRN 31-Dec-2026
|
8.59% | -- | -- |
|
Concora 2022 Backbook FRN 28-Feb-2031
|
8.43% | -- | -- |
|
UPGRADE MASTER PASS-THRU TRUST 25ST6 CTF 15-OCT-2032
|
6.93% | -- | -- |
|
Alloy Merchant Finance LLC FRN 16-Jan-2029
|
6.60% | -- | -- |
|
PAGAYA AI DEBT SELECTION TRUST 256 E FIX 8.476% 15-APR-2033
|
5.12% | -- | -- |
|
PayJoy Inc PFD
|
5.01% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.54% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 2.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 2500.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income through an actively managed portfolio of asset-based credit investments. Under normal circumstances, the Fund will invest at least 80% of its Net Assets in Asset-Based Credit Investments, which derive returns from interest incomes, recurring revenues, fees or other. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Neuberger |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 9.53% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 439 |
| Bond | |
| Yield to Maturity (6-30-26) | 8.49% |
| Effective Duration | -- |
| Average Coupon | 9.71% |
| Calculated Average Quality | 6.00 |
| Effective Maturity | 3.813 |
| Nominal Maturity | 3.813 |
| Number of Bond Holdings | 23 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Launch Date | 8/20/2025 |
| Last Annual Report Date | -- |
| Last Prospectus Date | 4/30/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |