NEUBERGER TOTAL RETURN BOND ETF (USD) NBTR.US

Neuberger Total Return Bond ETF is an actively managed fixed income ETF whose objective is to maximize total return while preserving capital. Strategy includes dynamic sector allocation across a broad opportunity set of fixed income sectors - not limited to benchmark sectors - along with high-conviction security selection and active management of interest rate and yield curve exposures.

The fund applies a "core plus" style by allowing up to 30% exposure to non-investment grade bonds, but avoids static overweights to below-investment grade and emerging markets by adjusting allocations dynamically based on relative value views.

It invests in diverse types of bonds including investment grade corporate, government-related, mortgage- and asset-backed securities, and securitized fixed income. Duration and credit risk are managed actively to strike a balance between yield and interest rate sensitivity.

The issuer is Neuberger Berman Investment Advisers LLC. The fund is an exchange-traded fund operating under the Neuberger Berman ETF Trust, registered under the Investment Company Act of 1940 in the United States.