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Convergence Financial LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 222,811 shares of the company's stock, valued at approximately $11,399,000. Neuberger Berman
With 2026 right around the corner, dutiful advisors and investors are already considering portfolio alterations for the new year, including what to do with fixed income assets in their portfolios.
Broadly speaking, fixed income ETFs, including the Neuberger Berman Total Return Bond ETF (NBTR) and the Neuberger Berman Short Duration Income ETF (NBSD), have been decent performers this year. But smart investors will remember that what happened in one year isn't guaranteed to repeat when the calendar turns.
ETFs are heading for another record year of inflows. Fixed income funds are playing significant parts in that influx of capital.
October 29 brings the conclusion of another two-day meeting of the Federal Open Market Committee (FOMC). The consensus wisdom indicates the Fed will pare interest rates again by at least 25 basis points.
October 29 brings the conclusion of another two-day meeting of the Federal Open Market Committee (FOMC). The consensus wisdom indicates the Fed will pare interest rates again by at least 25 basis points.
Neuberger Berman Short Duration Income ETF (NBSD) offers a multi-sector, short-duration fixed income strategy after converting from a mutual fund in June 2024. NBSD maintains a 2-year duration, 5.1% SEC yield, and diversified exposure across investment grade, securitized, and agency MBS sectors, with capped high-yield allocation. NBSD has outperformed NEAR over the past year, providing an attractive alternative as money market yields decline amid anticipated Fed rate cuts.
Tariff uncertainty and job market weakening added new layers of complexity to early September markets. August's significant miss on the jobs report sent investors piling into Treasuries, betting big on a Fed interest rate cut later this month.
SEC filings for NBSD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.