Many advisors are still struggling to get client money off the sidelines. However, with investors searching for yield in a rate-cutting environment, now may be an opportune time to take on some risk and extend duration with a short duration income ETF.
On Monday, the Neuberger Berman Short Duration Income ETF (NBSD) launched, adding to the growing selecting of Neuberger Berman funds. NBSD aims to give investors access to high current income consistent with liquidity, while mitigating principal risk.