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Neuberger Berman Short Duration Income ETF

NBSDNYSE ArcaNeuberger BermanD

$50.02−0.03 (−0.06%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: down, 78 prints from 50.05 to 50.02. Range 49.98 to 50.15. Use the arrow keys to read each point.50.0050.0850.1050.1350.1510 AM12 PM2 PM4 PM
Expense ratio
0.42%
Fund size
$1.75B
1Y total return
+2.7%
Yield · Last 12 months
4.76%
Holdings
1196
Avg volume · 30D
317K sh
52W range
low $49.80high $51.57
Launched

The ETF.net NBSD Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Rank
10 of 12
Six-pillar profile for NBSD. Scores out of 100: Cost 12, Risk 67, Mission not scored, Tradability 57, Holdings 24, Durability 59. Strongest: Risk (67). Weakest: Cost (12). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F12 out of 100
    Rank 11 of 12
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B67 out of 100
    Rank 2 of 12
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 5 of 12
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F24 out of 100
    Rank 12 of 12
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 6 of 12

Our read on NBSD

ETF.net Research

In short

DA 1986 mutual fund that swapped into an ETF wrapper in 2024: same team, same mandate. It hunts the highest current income it can find in investment-grade bonds while holding duration to three years or less, and pays monthly.

Stated mandate

The fund seeks the highest available current income while maintaining liquidity and limiting principal risk; total return is secondary. It invests at least 80% of net assets in investment-grade fixed- and floating-rate debt and normally targets average portfolio duration of three years or less.

Why people hold it

  • Not a startup strategy. It ran as the Neuberger Berman Short Duration Bond Fund from 1986 and converted into this ETF in June 2024, carrying over the portfolio and the record.nb.comsec.gov
  • The three-year duration target is written into the mandate, along with at least 80% investment grade, so rate moves push it around less than a core aggregate bond fund.
  • Roughly 1,100 fixed and floating rate positions, US and overseas, keep any single issuer small. Income lands monthly.

Worth knowing

  • The 0.42% fee sits above the typical charge in its bond cohort. JPLD measures against the same 1-3 year government/credit index for 0.24%, and index agg funds like BND run 0.03%.
  • Income comes first by design and total return is secondary. Short duration also means smaller price moves than long bonds when yields swing.
  • Active picks across credit and floating rate debt can land either side of the plain 1-3 year benchmark, and the ETF's own trading history only starts in 2024.

NBSD Performance

Launched Jun 24, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
NBSD$10,265
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. NBSD $10,265. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for NBSD. Periods over one year show the average yearly return.
PeriodNBSD
Year to date+1.7%
1 month+0.8%
3 months+0.3%
1 year+2.7%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NBSD
YearReturn barNBSD
2026 YTD+1.7%
2025+6.2%
2024+4.0%

Since listing, Jun 24, 2024

NBSD in the news

NBSD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.76%Last 12 months
Payout per share
$2.38Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 28 payments from 2024 to 2026 YTD. Aug 1, 2024 $0.33; Sep 3, 2024 $0.25; Oct 1, 2024 $0.23; Nov 1, 2024 $0.24; Dec 2, 2024 $0.24; Dec 18, 2024 $0.21; Jan 28, 2025 $0.24; Feb 25, 2025 $0.20; Mar 26, 2025 $0.24; Apr 25, 2025 $0.22; May 27, 2025 $0.21; Jun 25, 2025 $0.22; Jul 28, 2025 $0.23; Aug 26, 2025 $0.21; Sep 25, 2025 $0.21; Oct 28, 2025 $0.20; Nov 24, 2025 $0.20; Dec 18, 2025 $0.20; Jan 27, 2026 $0.20; Feb 24, 2026 $0.17; Mar 26, 2026 $0.21; Apr 27, 2026 $0.19; May 26, 2026 $0.19; Jun 25, 2026 $0.20; Jul 28, 2026 $0.21; Aug 26, 2026 $0.21; Sep 25, 2026 $0.20; Oct 27, 2026 $0.21. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Oct 27, 2026Oct 30, 2026$0.21
Sep 25, 2026Sep 30, 2026$0.20
Aug 26, 2026Aug 31, 2026$0.21
Jul 28, 2026Jul 31, 2026$0.21
Jun 25, 2026Jun 30, 2026$0.20
May 26, 2026May 29, 2026$0.19
Apr 27, 2026Apr 30, 2026$0.19
Mar 26, 2026Mar 31, 2026$0.21
Feb 24, 2026Feb 27, 2026$0.17
Jan 27, 2026Jan 30, 2026$0.20
Dec 18, 2025Dec 23, 2025$0.20
Nov 24, 2025Nov 28, 2025$0.20

See all 28 payments⁠

$10,000 in NBSD 1 year ago paid $466 in dividends.⁠

NBSD Risk

How much the fund’s monthly returns vary, scaled to a year.
2.2%
Annualised · 28 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.48
vs 3-month T-bills · 28 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−2.6%
28 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

NBSD Cost

Overpaying vs BSV, cheapest in Short-Term Core Bond

$7,834

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NBSD 0.42%

    $8,472

  • BSV 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • NBSD 0.42%
  • BSV 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530NBSD $8,472BSV $638

Year by year

YearNBSDBSVOverpaying
10$759$55$704
20$2,927$216$2,711
30$8,472$638$7,834

Other funds in Short-Term Core Bond