Neuberger Berman ETF Trust - Neuberger Total Return Bond ETF

Frequently Asked Questions About NBTR

What does NBTR invest in?

NBTR is actively managed and mainly invests in a mix of USD-denominated debt securities including government bonds, corporate bonds, mortgage-backed securities, and asset-backed securities. The fund can allocate up to 30% of its assets to below-investment-grade instruments. Portfolio managers actively oversee the portfolio and to evaluate securities, they use internally generated research, proprietary tools, and frameworks, considering both the internal and market outlook. They analyze cash flows, the ability to pay principal and interest, balance sheet composition, and market positioning. Financially material ESG factors are also considered, where applicable, to improve credit analysis and relative value analysis. The portfolio seeks to maintain its target average duration within two years of the average duration of the Bloomberg U.S. Aggregate Bond Index. The fund aims to limit its exposure to non-U.S. dollar currencies to 5% of its total assets through hedging strategies. Prior to March 2, 2026 the fund name included the brand Neuberger Berman.

What is the expense ratio of NBTR?

Neuberger Berman ETF Trust - Neuberger Total Return Bond ETF (NBTR) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

What is NBTR's dividend yield?

NBTR's trailing-twelve-month yield is 5.58%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of NBTR?

Effective duration measures NBTR's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NBTR's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of NBTR?

NBTR's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of NBTR?

Yield to maturity (YTM) is the total return you'd earn from NBTR if every bond in the portfolio is held to maturity at the current price. NBTR's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.