NRSIX Fees and Costs — Neuberger Berman Strategic Income Fund, Class R6
Data updated: 2026-09-28
The net expense ratio is 0.51%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $567K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 120%.
NRSIX Fees and Expenses
Annual operating expenses and sales charges of NRSIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
NRSIX Costs Over Time
On $10,000 invested in NRSIX, assuming 5% a year before costs, total costs come to $328 over 5 years, cutting the return by 0.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.51%) | $54 | $168 | $293 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $179 | $328 |
| Value after costs | $10,445 | $11,397 | $12,435 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
NRSIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0092%
- Total broker commissions: $567K
- Bought from dealers (principal trades, not a cost): $42.2B
- Portfolio turnover (prospectus): 120%
- Securities lending: none during the year
NRSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $310K | 54.71% |
| Citigroup Global Markets Inc. | $223K | 39.36% |
| BofA Securities, Inc. | $34K | 5.93% |
NRSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $6.3B | 16.08% |
| BNP Paribas Securities Corp. | $6.1B | 15.55% |
| Wells Fargo Securities, LLC | $5.9B | 15.11% |
| Morgan Stanley & Co. LLC | $4.5B | 11.65% |
| Citigroup Global Markets Inc. | $4.1B | 10.64% |
| J.P. Morgan Securities LLC | $4.0B | 10.23% |
| BofA Securities, Inc. | $3.7B | 9.47% |
| Mizuho Securities USA LLC | $2.4B | 6.05% |
| Goldman Sachs & Co. LLC | $1.2B | 2.99% |
| Barclays Capital Inc. | $861.5M | 2.21% |
Neuberger Berman Strategic Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NRSIX | Class R6 | 0.51% | — |
| NSTLX | Institutional Class | 0.61% | none |
| NSTTX | Trust Class | 0.96% | — |
| NSTAX | Class A | 0.98% | 2.50% |
| NSTCX | Class C | 1.71% | none |
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.