NCRLX Performance — Neuberger Berman Core Bond Fund, Institutional Class
Data updated: 2026-09-28
NCRLX returned −0.79% year to date and +2.48% over one year to Jul 2026. Annualised returns are +3.96% over 3 years and −0.35% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $112, against $113 for the category, and to $102 over one year, against $103. Volatility over the past three years was 5.72% a year. In the 12 months to Jul 2026 the fund took in a net $36.5M, and assets reached $1.14B.
NCRLX Growth of $100
What $100 invested in Neuberger Berman Core Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | NCRLX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $102 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $113 |
| 5 years (Aug 2021 – Jul 2026) | $98 | $100 |
| Since data start (Aug 2019 – Jul 2026) | $110 | $110 |
NCRLX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.79% |
| 1 year | +2.48% |
| 3 years (annualised) | +3.96% |
| 5 years (annualised) | −0.35% |
NCRLX Annual Returns
Calendar-year total returns of Neuberger Berman Core Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.79% |
| 2025 | +7.22% |
| 2024 | +1.88% |
| 2023 | +6.09% |
| 2022 | −13.62% |
| 2021 | −1.10% |
| 2020 | +9.48% |
| 2019 (Aug–Dec) | +2.08% |
NCRLX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +1.5% | −1.8% | +0.3% | +0.3% | +0.1% | −1.4% | — | — | — | — | — |
| 2025 | +0.6% | +2.1% | −0.1% | +0.3% | −0.5% | +1.5% | −0.2% | +1.4% | +1.1% | +0.5% | +0.6% | −0.3% |
| 2024 | +0.1% | −1.4% | +0.8% | −2.3% | +1.8% | +1.0% | +2.2% | +1.4% | +1.5% | −2.6% | +1.2% | −1.5% |
| 2023 | +3.6% | −2.6% | +2.5% | +0.6% | −1.1% | −0.4% | −0.1% | −0.7% | −2.5% | −1.7% | +4.9% | +3.9% |
| 2022 | −2.1% | −1.2% | −2.5% | −4.0% | +0.6% | −1.9% | +2.5% | −2.6% | −4.8% | −1.3% | +3.8% | −0.7% |
| 2021 | −0.4% | −1.4% | −0.9% | +0.8% | +0.2% | +0.8% | +0.9% | −0.2% | −0.7% | −0.1% | +0.1% | −0.3% |
| 2020 | +1.9% | +1.3% | −2.4% | +2.9% | +1.2% | +1.5% | +1.8% | −0.7% | −0.1% | −0.4% | +1.9% | +0.4% |
| 2019 | — | — | — | — | — | — | — | +2.3% | −0.5% | +0.1% | +0.2% | 0.0% |
NCRLX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.72%
- 3-year Sharpe ratio: -0.09 (vs 4.5% risk-free rate)
- Best month: +4.88% (Nov 2023)
- Worst month: −2.61% (Oct 2024)
NCRLX Fund Flows
Monthly money in and out of Neuberger Berman Core Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $36.5M
- 12-month gross sales (incl. reinvestments): $437.2M
- Sales ÷ redemptions: 1.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $36.2M | $107.4M | −$71.2M |
| Jun 2026 | $39.6M | $18.5M | $21.2M |
| May 2026 | $22.5M | $13.5M | $9.0M |
| Apr 2026 | $34.7M | $26.9M | $7.8M |
| Mar 2026 | $49.4M | $36.2M | $13.2M |
| Feb 2026 | $25.2M | $14.6M | $10.6M |
| Jan 2026 | $89.4M | $37.1M | $52.3M |
| Dec 2025 | $31.7M | $19.7M | $12.0M |
| Nov 2025 | $18.1M | $26.4M | −$8.3M |
| Oct 2025 | $30.5M | $31.2M | −$705K |
| Sep 2025 | $27.4M | $24.8M | $2.6M |
| Aug 2025 | $32.5M | $44.5M | −$12.0M |
NCRLX Assets Under Management
Net assets of Neuberger Berman Core Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.14B |
| 2026-04-30 | $1.20B |
| 2026-01-31 | $1.19B |
| 2025-10-31 | $1.14B |
| 2025-07-31 | $1.13B |
| 2025-04-30 | $1.03B |
| 2025-01-31 | $925.31M |
| 2024-10-31 | $918.62M |
| 2024-07-31 | $815.64M |
| 2024-04-30 | $758.61M |
| 2024-01-31 | $643.51M |
| 2023-10-31 | $610.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.