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Neuberger Berman High Income Bond Fund
Old 07-02-2011, 04:28 PM   #1
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Neuberger Berman High Income Bond Fund

My 401k is changing/replacing some funds. They are replacing Fidelity Capital and Income with Neubrger Berman High Income Bond Fund. What would their reason be? Is this fund as good? I saw Fid Cap&Inc as fairly safe and steady. I am 60 and retired 5 years ago.
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Old 07-02-2011, 04:31 PM   #2
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Originally Posted by glinka View Post
My 401k is changing/replacing some funds. They are replacing Fidelity Capital and Income with Neubrger Berman High Income Bond Fund. What would their reason be? Is this fund as good? I saw Fid Cap&Inc as fairly safe and steady. I am 60 and retired 5 years ago.
You pose a darn good question for the person in your company that decided to make the change. Why not ask that person directly and ask for proof. After all, it's YOUR retirement fund.
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Old 07-02-2011, 05:09 PM   #3
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Since you are retired, you do not need to leave your money in the 401(k). Thus, if you like, roll the money over to an IRA and put/keep it in the Fid Cap&Inc. Or find an even better fund for your money.
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