NFIIX Performance — Neuberger Berman Floating Rate Income Fund, Institutional Class
Data updated: 2026-09-28
NFIIX returned +2.45% year to date and +4.88% over one year to Jul 2026. Annualised returns are +7.62% over 3 years and +6.09% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $125, against $122 for the category, and to $105 over one year, against $106. Volatility over the past three years was 1.62% a year. In the 12 months to Jul 2026 the fund lost a net $41.2M, and assets reached $471.44M.
NFIIX Growth of $100
What $100 invested in Neuberger Berman Floating Rate Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | NFIIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $125 | $122 |
| 5 years (Aug 2021 – Jul 2026) | $134 | $127 |
| Since data start (Aug 2019 – Jul 2026) | $147 | $135 |
NFIIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.45% |
| 1 year | +4.88% |
| 3 years (annualised) | +7.62% |
| 5 years (annualised) | +6.09% |
NFIIX Annual Returns
Calendar-year total returns of Neuberger Berman Floating Rate Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.45% |
| 2025 | +6.28% |
| 2024 | +9.12% |
| 2023 | +12.82% |
| 2022 | −1.56% |
| 2021 | +4.63% |
| 2020 | +3.98% |
| 2019 (Aug–Dec) | +2.19% |
NFIIX 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 | −0.1% | −0.6% | +0.5% | +1.2% | +0.4% | +0.2% | +0.7% | — | — | — | — | — |
| 2025 | +0.8% | 0.0% | −0.3% | +0.2% | +1.5% | +0.8% | +0.8% | +0.3% | +0.6% | +0.4% | +0.4% | +0.7% |
| 2024 | +0.7% | +0.9% | +0.9% | +0.7% | +0.9% | +0.5% | +0.7% | +0.6% | +0.6% | +1.0% | +0.9% | +0.4% |
| 2023 | +2.7% | +0.7% | −0.2% | +0.8% | −0.1% | +2.2% | +1.3% | +1.3% | +0.6% | +0.1% | +1.4% | +1.5% |
| 2022 | +0.2% | −0.7% | −0.2% | 0.0% | −2.7% | −2.2% | +1.8% | +1.6% | −2.2% | +1.0% | +1.2% | +0.6% |
| 2021 | +1.1% | +0.4% | 0.0% | +0.5% | +0.5% | +0.3% | 0.0% | +0.5% | +0.7% | +0.2% | −0.4% | +0.8% |
| 2020 | +0.3% | −1.7% | −12.7% | +5.5% | +4.8% | +1.1% | +2.2% | +1.5% | +0.4% | 0.0% | +2.3% | +1.4% |
| 2019 | — | — | — | — | — | — | — | −0.5% | +0.6% | −0.5% | +0.8% | +1.7% |
NFIIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.62%
- 3-year Sharpe ratio: 1.93 (vs 4.5% risk-free rate)
- Best month: +1.49% (Dec 2023)
- Worst month: −0.59% (Feb 2026)
NFIIX Fund Flows
Monthly money in and out of Neuberger Berman Floating Rate Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$41.2M
- 12-month gross sales (incl. reinvestments): $145.3M
- Sales ÷ redemptions: 0.78×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $22.2M | $17.3M | $4.9M |
| Jun 2026 | $10.6M | $13.3M | −$2.7M |
| May 2026 | $15.5M | $7.5M | $8.0M |
| Apr 2026 | $11.5M | $9.0M | $2.5M |
| Mar 2026 | $6.9M | $16.6M | −$9.7M |
| Feb 2026 | $8.7M | $18.9M | −$10.2M |
| Jan 2026 | $10.8M | $26.8M | −$16.0M |
| Dec 2025 | $14.8M | $26.6M | −$11.8M |
| Nov 2025 | $9.8M | $12.5M | −$2.7M |
| Oct 2025 | $12.9M | $16.2M | −$3.3M |
| Sep 2025 | $9.4M | $13.4M | −$4.0M |
| Aug 2025 | $12.1M | $8.3M | $3.9M |
NFIIX Assets Under Management
Net assets of Neuberger Berman Floating Rate Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $471.44M |
| 2026-04-30 | $462.51M |
| 2026-01-31 | $482.22M |
| 2025-10-31 | $516.12M |
| 2025-07-31 | $522.30M |
| 2025-04-30 | $493.14M |
| 2025-01-31 | $503.36M |
| 2024-10-31 | $446.88M |
| 2024-07-31 | $484.50M |
| 2024-04-30 | $443.35M |
| 2024-01-31 | $447.40M |
| 2023-10-31 | $444.51M |
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.