# Neuberger Berman ETF Trust - Neuberger Total Return Bond ETF (NBTR): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nbtr for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Neuberger Berman · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2024-12-17 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.... ## Key Facts | Metric | Value | |---|---| | Price | $48.14 | | Expense Ratio | 0.94% | | Assets Under Management | $58.9M | | NAV | $48.04 | | Holdings Count | 503 | | Distribution Yield (TTM) | 5.58% | | Annual Distribution (TTM) | $2.69 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.38 – $51.36 | | Beta | 0.07 | ## Latest Distribution - Amount: $0.2070 /share - Ex-date: 2026-10-27 - Pay date: 2026-10-30 ## Frequently Asked Questions ### 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. ### Does NBTR pay a dividend? Yes, Neuberger Berman ETF Trust - Neuberger Total Return Bond ETF (NBTR) distributes dividends to shareholders. The trailing-twelve-month yield is 5.58%. Full dividend history is on this page. ### How often does NBTR pay dividends? Neuberger Berman ETF Trust - Neuberger Total Return Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is NBTR's next ex-dividend date? The most recently announced ex-dividend date for NBTR was 2026-10-27. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will NBTR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.94% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NBTR charge its expense ratio? The expense ratio is deducted in tiny daily slices from NBTR's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NBTR cost more than a fund like VOO? NBTR is actively managed (current expense ratio 0.94%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether NBTR's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to NBTR? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NBTR (0.94%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nbtr - Distribution history: https://www.dividenddata.com/funds/nbtr/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nbtr/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nbtr/expenses - Peer comparison: https://www.dividenddata.com/funds/nbtr/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.