Active High Yield Investing

We’re celebrating 10 years of the Neuberger Berman High Yield Bond Fund. The Fund was launched on 3 May 2006, providing access to the firm's expertise in this asset class to our clients outside the US through a UCITS vehicle. Much has changed since we established our US high yield strategy in 1997, but over this time our fundamental values have remained the same. Our longstanding investment philosophy, extensive research capabilities and experienced and stable investment team are key to our robust long-term results over the last 10 years.

Why the Neuberger Berman High Yield Bond Fund

The Fund aims to provide income and capital appreciation by investing in high yield bonds using a disciplined credit investment process led by one of the largest dedicated non-investment grade teams in the industry.

Thomas O'Reilly, CFA

Portfolio Manager

27 years experience

19 years with the firm

Bio

Russ Covode

Portfolio Manager

28 years of experience

12 years with firm

Bio

Dan Doyle, CFA

Portfolio Manager

31 years of experience

4 years with firm

Bio

Patrick Flynn, CFA

Portfolio Manager

24 years of experience

10 years with firm

Bio

The Case for High Yield Revisited

We believe high yield has compelling characteristics for long-term investors with diversified portfolios.

Yield Advantage

High yield has historically offered incremental yield versus other fixed income asset classes, as well as the US and European equity markets.

Time to Recovery

High yield bonds posted negative returns in 2015, led by deterioration within commodity related sectors. But did you know that, since as far back as 1987, the asset class has never experienced two successive annual declines? For almost 30 years, negative years for high-yield total returns have always been followed by gains.