Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.60% 109.84M -- 60.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-53.27M 13.94% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks high total return consisting of income and capital appreciation. The Fund normally invests at least 80% of its net assets in debt instruments of issuers that are tied economically to emerging market countries and derivative instruments that provide investment exposure to such debt instruments.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond Emerging Markets Global HC
Peer Group Emerging Mrkts Hard Currency Debt Funds
Global Macro Bond Emerging Markets
US Macro Emerging Markets Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Emerging Mrkts Hard Currency Debt Funds
Fund Owner Firm Name Neuberger Berman
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Net Fund Flows Versus Peer Group

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 31
-141.14M Peer Group Low
493.37M Peer Group High
1 Year
% Rank: 75
-53.27M
-635.96M Peer Group Low
1.110B Peer Group High
3 Months
% Rank: 46
-259.01M Peer Group Low
1.694B Peer Group High
3 Years
% Rank: 45
-2.599B Peer Group Low
2.149B Peer Group High
6 Months
% Rank: 69
-303.07M Peer Group Low
1.789B Peer Group High
5 Years
% Rank: 60
-3.681B Peer Group Low
3.853B Peer Group High
YTD
% Rank: 75
-460.62M Peer Group Low
1.099B Peer Group High
10 Years
% Rank: 60
-4.887B Peer Group Low
7.442B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
View Performance Versus Peer Group
Start Trial

Annual Total Returns Versus Peers

Loading chart...
Name
2018
2019
2020
2021
2022
2023
2024
YTD
-6.44%
14.22%
4.68%
-5.75%
-13.42%
12.02%
2.89%
16.21%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.03%
-2.77%
14.00%
5.81%
-1.93%
-16.67%
12.47%
5.74%
12.12%
-5.27%
15.14%
4.29%
-5.12%
-11.15%
11.67%
2.86%
16.02%
-7.66%
12.35%
7.87%
-2.23%
-15.71%
10.80%
6.31%
12.25%
-5.91%
14.28%
7.23%
-1.23%
-16.28%
17.77%
13.46%
21.03%
As of December 19, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-10-25) 5.61%
30-Day SEC Yield (10-31-25) 5.75%
7-Day SEC Yield --
Number of Holdings 240
Bond
Yield to Maturity (11-30-25) 6.66%
Effective Duration 6.01
Average Coupon 6.28%
Calculated Average Quality 4.927
Effective Maturity 12.40
Nominal Maturity 12.77
Number of Bond Holdings 216
As of November 30, 2025

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.00%
Stock 0.00%
Bond 76.86%
Convertible 0.00%
Preferred 0.00%
Other 21.13%
View Asset Allocation
Start Trial

Top 10 Holdings

Name % Weight Price % Change
5YR T NOTE MAR26
10.30% -- --
EUR Forward Contract
8.73% -- --
2YR T-NOTE MAR26
4.09% -- --
Petroleos Mexicanos PEMEX 7.69 01/23/2050 FIX USD Corporate 2.68% 89.82 0.32%
Romania (Government) 7.5% 10-FEB-2037
2.09% -- --
Egypt, Arab Republic of (Government) 8.875% 29-MAY-2050
1.90% -- --
State Oil Company of the Azerbaijan Republic 6.95% 18-MAR-2030
1.64% -- --
EUR Cash
1.45% -- --
Argentine Republic ARGENT 0.75 07/09/2030 VAR USD Sovereign 1.41% 84.85 0.15%
Republic of South Africa SOAF 5.75 09/30/2049 FIX USD Sovereign 1.28% 84.25 0.04%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.37%
Administration Fee 224.9K%
Maximum Front Load 0.00%
Maximum Deferred Load --
Maximum Redemption Fee 0.00%
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks high total return consisting of income and capital appreciation. The Fund normally invests at least 80% of its net assets in debt instruments of issuers that are tied economically to emerging market countries and derivative instruments that provide investment exposure to such debt instruments.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond Emerging Markets Global HC
Peer Group Emerging Mrkts Hard Currency Debt Funds
Global Macro Bond Emerging Markets
US Macro Emerging Markets Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Emerging Mrkts Hard Currency Debt Funds
Fund Owner Firm Name Neuberger Berman
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-10-25) 5.61%
30-Day SEC Yield (10-31-25) 5.75%
7-Day SEC Yield --
Number of Holdings 240
Bond
Yield to Maturity (11-30-25) 6.66%
Effective Duration 6.01
Average Coupon 6.28%
Calculated Average Quality 4.927
Effective Maturity 12.40
Nominal Maturity 12.77
Number of Bond Holdings 216
As of November 30, 2025

Fund Details

Key Dates
Inception Date 9/27/2013
Last Annual Report Date 10/31/2024
Last Prospectus Date 7/1/2025
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
View Top Portfolio Holders
Start Trial

Excel Add-In Codes

Name: =YCI("M:NEMD:DL", "name")
Broad Asset Class: =YCI("M:NEMD:DL", "broad_asset_class")
Broad Category: =YCI("M:NEMD:DL", "broad_category_group")
Prospectus Objective: =YCI("M:NEMD:DL", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
View Excel Add-In Codes
Start Trial