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Neuberger Berman Teams With Securitize for Tokenized High-Yield Fund

Neuberger Berman Teams With Securitize for Tokenized High-Yield Fund

for subheads. Title: ... The content is:

Neuberger Berman is moving...

Tokenized on four networks

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Neuberger's role

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High-yield exposure, tokenized

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High-yield fixed-income funds invest in corporate bonds with lower credit ratings but higher yields. Tokenizing such a fund could make shares easier to trade and settle, though the exact mechanics of how redemptions work on-chain haven't been spelled out.

The fund is aimed at qualified investors, though no launch date has been announced. Neither Neuberger nor Securitize has disclosed fees or minimums.

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