Neuberger Berman said this week that it has launched a new high-income bond fund.

The company’s High Income Bond Fund is the result of the reorganization of two other funds, the Neuberger Berman High-Yield Bond Fund and the Lipper High Income Bond Fund, into a single product, the company said.

Per an agreement with Lipper, certain members of the Lipper fund’s high-yield bond team will now become employees of Neuberger Berman. The combined team will be led

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