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  5. Neuberger Berman Strategic Income I - Managed fund profile

Neuberger Berman Strategic Income I - Managed Fund

Fund Strategy
Maximize total return from high current income and long-term capital appreciation by opportunistically investing in a diversified mix of fixed rate and floating rate debt securities under varying market environments with a focus on downside protection. The Portfolio will invest primarily in debt securities issued by US corporations or by the US government and its agencies. Such securities will be listed, dealt, or traded on Recognised Markets and may be rated investment grade or below investment grade or non-rated by Recognised Rating Agencies.

Fund Performance Comparison

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Fees Comparison

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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 1.51% 3.14% 3.64% 6.42% 7.41% 5.36% 2.55% -%
Growth return 1.08% 1.79% 1.14% 0.73% 1.52% -0.06% -2.14% -%
Income return 0.43% 1.35% 2.5% 5.69% 5.89% 5.42% 4.69% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Neuberger Berman Strategic Income I
Cash
-13.49%
Fixed Interest
109.25%
Alternatives
4.25%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Average Allocation of Peers
Cash
6.57%
Fixed Interest
92.51%
Alternatives
0.25%
Australian Equities
0.63%
International Equities
0.02%
Property & Infrastructure
0.02%

General Information

Fund Details
Type Description
Neuberger Berman Strategic Income I
Equity Trustees Ltd
ETL5210AU
Unconstrained Fixed Income
starstar (as at 31 Aug 2025)
Investment Fund
30 Aug 2019
$9 million (as at 31 Aug 2025)
$0.9052 (as at 16 Sep 2025)
$0.9034 (as at 16 Sep 2025)
Open
Offer information
Type Description
MER 0.60% (as at 10 Sep 2025)
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
Umbs 30yr Tba(Reg A) Bond - Gov't Agency Debt 3.76%
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FAQs about the Neuberger Berman Strategic Income I

The objective of the Neuberger Berman Strategic Income I managed fund is

The strategy of the Neuberger Berman Strategic Income I managed fund is Maximize total return from high current income and long-term capital appreciation by opportunistically investing in a diversified mix of fixed rate and floating rate debt securities under varying market environments with a focus on downside protection. The Portfolio will invest primarily in debt securities issued by US corporations or by the US government and its agencies. Such securities will be listed, dealt, or traded on Recognised Markets and may be rated investment grade or below investment grade or non-rated by Recognised Rating Agencies.

The APIR code of the Neuberger Berman Strategic Income I managed fund is ETL5210AU.

Neuberger Berman Strategic Income I’s total return last month was 1.51%. This was made up of a growth return of 1.08% and an income return of 0.43%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Strategic Income I’s total return for the last three months was 3.14%. This was made up of a growth return of 1.79% and an income return of 1.35%%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Strategic Income I’s one-year total return is 6.42%. This was made up of a growth return of 0.73% and an income return of 5.69%. These returns were calculated as at 31 Aug 2025.

Neuberger Berman Strategic Income I’s one-year total return is 5.36%. This was made up of a growth return of -0.06% and an income return of 5.42%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Neuberger Berman Strategic Income I managed fund is :

Cash
-13.49%
Fixed Interest
109.25%
Alternatives
4.25%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%

The Responsible Entity for the Neuberger Berman Strategic Income I managed fund is Equity Trustees Ltd.

The Neuberger Berman Strategic Income I managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Aug 2025, the size of the Neuberger Berman Strategic Income I managed fund was $9 million.

The Neuberger Berman Strategic Income I managed fund has an inception date of 30 Aug 2019.

The current entry price of the Neuberger Berman Strategic Income I managed fund is $0.9052 per unit and the current exit price is $0.9034 per unit (as at 16 Sep 2025).

The current exit price of the Neuberger Berman Strategic Income I managed fund is $0.9034 per unit and the current entry price is $0.9052 per unit (as at 16 Sep 2025).

The minimum initial investment amount for the Neuberger Berman Strategic Income I managed fund is $500,000. Minimum additional investment is $5000.

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.