NSTLX Performance — Neuberger Berman Strategic Income Fund, Institutional Class
Data updated: 2026-09-28
NSTLX returned +0.13% year to date and +4.15% over one year to Jul 2026. Annualised returns are +6.69% over 3 years and +2.77% over 5 years. The fund beat its Intermediate Securitized Bond category average: $100 invested three years ago grew to $121, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 5.19% a year. In the 12 months to Jul 2026 the fund took in a net $1.8B, and assets reached $8.16B.
NSTLX Growth of $100
What $100 invested in Neuberger Berman Strategic Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | NSTLX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $121 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $115 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $130 | $111 |
NSTLX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.13% |
| 1 year | +4.15% |
| 3 years (annualised) | +6.69% |
| 5 years (annualised) | +2.77% |
NSTLX Annual Returns
Calendar-year total returns of Neuberger Berman Strategic Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.13% |
| 2025 | +9.44% |
| 2024 | +6.00% |
| 2023 | +10.02% |
| 2022 | −10.56% |
| 2021 | +2.94% |
| 2020 | +7.74% |
| 2019 (Aug–Dec) | +2.55% |
NSTLX 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 | +0.5% | +1.1% | −2.2% | +1.0% | +0.5% | +0.3% | −1.0% | — | — | — | — | — |
| 2025 | +0.8% | +1.8% | −0.1% | +0.2% | +0.7% | +1.9% | 0.0% | +1.6% | +1.0% | +0.5% | +0.5% | +0.3% |
| 2024 | +0.7% | −1.1% | +1.2% | −1.9% | +1.8% | +0.9% | +2.3% | +1.7% | +1.2% | −1.4% | +1.1% | −0.6% |
| 2023 | +4.5% | −2.1% | +1.5% | +0.7% | −0.8% | +0.6% | +0.9% | −0.4% | −1.9% | −1.7% | +5.3% | +3.3% |
| 2022 | −1.7% | −1.8% | −0.7% | −3.4% | +0.1% | −5.1% | +4.1% | −1.7% | −4.8% | +1.0% | +3.9% | −0.5% |
| 2021 | +0.1% | 0.0% | 0.0% | +1.1% | +0.4% | +0.9% | +0.1% | +0.3% | −0.1% | +0.1% | −1.0% | +0.9% |
| 2020 | +0.7% | −0.9% | −10.5% | +5.0% | +3.8% | +1.9% | +2.9% | +0.6% | −0.8% | +0.3% | +3.7% | +1.6% |
| 2019 | — | — | — | — | — | — | — | +0.7% | +0.1% | +0.2% | +0.4% | +1.1% |
NSTLX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.19%
- 3-year Sharpe ratio: 0.42 (vs 4.5% risk-free rate)
- Best month: +5.31% (Nov 2023)
- Worst month: −2.16% (Mar 2026)
NSTLX Fund Flows
Monthly money in and out of Neuberger Berman Strategic Income Fund, from SEC Form N-PORT.
- 12-month net flow: $1.8B
- 12-month gross sales (incl. reinvestments): $3.5B
- Sales ÷ redemptions: 2.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $281.0M | $175.9M | $105.1M |
| Jun 2026 | $235.0M | $197.0M | $38.1M |
| May 2026 | $244.3M | $163.5M | $80.8M |
| Apr 2026 | $309.5M | $198.0M | $111.6M |
| Mar 2026 | $279.4M | $136.2M | $143.2M |
| Feb 2026 | $285.2M | $143.8M | $141.4M |
| Jan 2026 | $369.2M | $183.8M | $185.4M |
| Dec 2025 | $305.1M | $124.7M | $180.5M |
| Nov 2025 | $334.1M | $102.6M | $231.5M |
| Oct 2025 | $355.8M | $107.4M | $248.4M |
| Sep 2025 | $287.5M | $91.1M | $196.4M |
| Aug 2025 | $237.0M | $85.3M | $151.7M |
NSTLX Assets Under Management
Net assets of Neuberger Berman Strategic Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $8.16B |
| 2026-04-30 | $8.08B |
| 2026-01-31 | $7.80B |
| 2025-10-31 | $7.21B |
| 2025-07-31 | $6.49B |
| 2025-04-30 | $6.10B |
| 2025-01-31 | $5.82B |
| 2024-10-31 | $5.32B |
| 2024-07-31 | $4.66B |
| 2024-04-30 | $4.25B |
| 2024-01-31 | $4.05B |
| 2023-10-31 | $3.33B |
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.