Active Fixed Income Background
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Active Fixed Income

Purpose Global Flexible Credit Fund (formerly Purpose Floating Rate Income Fund)

The purpose of this fund

Generate high yield and capital appreciation from an active global credit strategy.

  • Uses active management across credit instruments and geographies based on a relative value assessment
  • Selects individual credits using a bottom-up fundamental analysis
  • Emphasizes retaining a low-duration profile using a blend of fixed- and floating-rate instruments
Norman Milner
Neuberger Berman - Logo

Managed by -

Norman Milner

Neuberger Berman

Founded in 1939 with a focus on deep fundamental research, Neuberger Berman Investment Advisers manages more than $300-billion USD in assets today, primarily for institutional advisors. The firm takes a boots-on-the-ground approach, employing more than 600 investment professionals in 35 cities around the world.

ESG Risk RatingWhat is ESG?

No ESG score is shown for this fund because either (1) the fund's mandate does not incorporate single security selection, rendering ESG analysis something that cannot be assured on a portfolio management basis, or (2) Purpose does not currently have access to ESG scoring data for >50% of the fund's positions. ESG scores are not shown for these funds as they might be misleading or misrepresent a fund's ESG integration or lack thereof.

FUND DETAILS

YIELD

N/A

MGMT FEE

NAV

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