NBFC – Neuberger Flexible Credit Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks high current income with a secondary objective of long-term capital appreciation. To pursue its goal, the fund invests at least 80% of its net assets in credit instruments, including derivative instruments and other investment companies that provide investment exposure to credit instruments. The managers define credit instruments to include a broad array of debt securities including the following: corporate and sovereign bonds; securitized instruments including mortgage-backed and other asset-backed securities and credit risk transfer assets; municipal securities; CDOs, including CLOs; loans; tender option bonds etc.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NBFC	Neuberger Flexible Credit Income ETF	ETF	Open	—		Jun 24, 2024	$100.80M	0.400%	—	—	$42.80M

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