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NFIIX
Mutual Fund ticker: NASDAQ
AS OF
May 1 closing price
Price
$9.28
Change
+$0.01 (+0.11%)
Net Assets
493.14M

NFIIX Neuberger Berman Floating Rate Inc I Forecast, Technical & Fundamental Analysis

The investment seeks high current income... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks high current income. To pursue its goal, the fund invests mainly in floating rate senior secured loans issued in U.S. dollars by U.S. and foreign corporations, partnerships and other business entities (borrowers). These loans are often at the time of investment below investment grade securities. It normally invests at least 80% of its net assets in floating rate securities (including loans) and other investment companies that provide investment exposure to such floating rate securities.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Fundamentals
Details
Category
Bank Loan
Address
Neuberger Berman Income Funds605 Third Ave 2nd FLNew York
Phone
N/A
Web
www.nb.com
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NFIIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NFIIX has been closely correlated with TRIZX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if NFIIX jumps, then TRIZX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NFIIX
1D Price
Change %
NFIIX100%
N/A
TRIZX - NFIIX
94%
Closely correlated
N/A
PFFRX - NFIIX
93%
Closely correlated
N/A
FIQSX - NFIIX
92%
Closely correlated
N/A
EVBLX - NFIIX
90%
Closely correlated
N/A
FFRHX - NFIIX
87%
Closely correlated
N/A
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