Lehman Brothers Core Bond Inv
605 Third Ave 2nd FL New York NY 10158
Map
Phone: 800-877-9700
| Category: | Intermediate-Term Bond | | Fund Family: | Neuberger Berman | | Net Assets: | 48.71M | | Year-to-Date Return: | -2.86% | | Yield: | 4.36% | | Morningstar Rating: |  | | Fund Inception Date: | 03-Feb-97 |
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Richard W. Knee
Lead Manager since
02-Oct-95 | | | Knee is a managing director and Board member of Lehman Brothers Asset Management Inc. He joined the predecessor to firm (Lincoln Capital Management Company) in 1983. Prior to 1983, he was a fixed income portfolio manager in the trust departments of both the Harris Bank and the First National Bank of Chicago. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | $2,000 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to maximize total return through a combination of income and capital appreciation. The fund generally invests primarily in a diversified mix of fixed-rate and floating-rate debt securities. It normally invests at least 80% of net assets in bonds and other debt securities. The fund invests only in investment-grade debt securities and unrated debt securities to be of comparable quality. It normally invests up to 15% of total assets in non-US dollar denominated securities and attempts to limit its exposure to currencies other than the U.S. dollar to 5% of total assets through hedging strategies. |
| Last Dividend
(29-Aug-08):
| 0.03 | | Last Cap Gain
(30-Dec-05):
| 0.31 | | Annual Holdings Turnover
| 404.00% | | Average for Category:
| 200.26% |
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| Expense | LBCNX | Category
Avg | | Total Expense Ratio: | 0.85%
| 0.98% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.21% | | Max Deferred Sales Load: | 0.00%
| 2.69% | | 3 Yr Expense Projection*: |
$274 | $466 | | 5 Yr Expense Projection*: |
$477 | $718 | | 10 Yr Expense Projection*: |
$1,061 | $1,428 |
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