NBFCETF / FundNeuberger Flexible Credit Income ETF
Verdicts genuinely change. Free email alert the moment NBFC's does — no target price to set, unlike a price alert.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Neuberger Flexible Credit Income ETF ETF · Neuberger Berman ETF Trust
588 holdings · as of 2026-07-31 (3.3 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 14.80% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 83% turns out to be. Matching more holdings can only raise this share, never lower it.
0.62% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
588 holdings, 120 matched (18% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
3.11% of this portfolio’s income is non-permissible — weighted across holdings, computed over 15% of portfolio weight (101 of 588 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (588) · showing 501–588
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ROGERS COMMUNICATIONS IN | UNSCREENED | 0.05% | no in-house ratios for this holding |
| WHIRLPOOL CORP | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CyrusOne Data Centers Issuer I LLC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Sierra Receivables Funding Co LLC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| SAMARCO MINERACAO SA | UNSCREENED | 0.04% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CSC HOLDINGS LLC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Wells Fargo Commercial Mortgage Trust | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Bank5 | UNSCREENED | 0.04% | no in-house ratios for this holding |
| GATES CORPORATION/DE | UNSCREENED | 0.04% | no in-house ratios for this holding |
| K HOVNANIAN ENTERPRISES | UNSCREENED | 0.04% | no in-house ratios for this holding |
| GLOBAL PART/GLP FINANCE | UNSCREENED | 0.04% | no in-house ratios for this holding |
| DEXKO GLOBAL INC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| AHCO ADAPTHEALTH LLC | NON_COMPLIANT | 0.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| N/A | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CANPACK GROUP INC/SA | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CATURUS ENERGY LLC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| MINERAL RESOURCES LTD | UNSCREENED | 0.04% | no in-house ratios for this holding |
| PARA PARAMOUNT GLOBAL | NON_COMPLIANT | 0.04% | AAOIFI1.7% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CFCRE Commercial Mortgage Trust | UNSCREENED | 0.04% | no in-house ratios for this holding |
| HAH GROUP HOLDING CO LLC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| MOHEGAN TRIBAL / MS DIG | UNSCREENED | 0.04% | no in-house ratios for this holding |
| PARA PARAMOUNT GLOBAL | NON_COMPLIANT | 0.04% | AAOIFI1.7% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TRANSOCEAN INTERNTNL LTD | UNSCREENED | 0.04% | no in-house ratios for this holding |
| NGL ENRGY OP/FIN CORP | UNSCREENED | 0.04% | no in-house ratios for this holding |
| FIRST QUANTUM MINERALS L | UNSCREENED | 0.04% | no in-house ratios for this holding |
| BHC.TO BAUSCH HEALTH COS INC | NON_COMPLIANT | 0.03% | AAOIFI979.7% Usmani83.7% Dow Jones Islamic625.0% S&P Shariah598.1% MSCI Islamic83.7% MSCI Islamic M-Series598.1% FTSE Shariah83.7% |
| ROCKIES EXPRESS PIPELINE | UNSCREENED | 0.03% | no in-house ratios for this holding |
| VENTURE GLOBAL LNG INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| QTS ISSUER ABS II LLC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Sierra Receivables Funding Co LLC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| ALTICE FRANCE SA | UNSCREENED | 0.03% | no in-house ratios for this holding |
| QTS ISSUER ABS II LLC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| CCO HLDGS LLC/CAP CORP | UNSCREENED | 0.03% | no in-house ratios for this holding |
| BHC.TO BAUSCH HEALTH COS INC | NON_COMPLIANT | 0.03% | AAOIFI979.7% Usmani83.7% Dow Jones Islamic625.0% S&P Shariah598.1% MSCI Islamic83.7% MSCI Islamic M-Series598.1% FTSE Shariah83.7% |
| JELDWEN HOLDING | UNSCREENED | 0.03% | no in-house ratios for this holding |
| W WAYFAIR LLC | COMPLIANT | 0.03% | AAOIFI29.3% Usmani116.8% Dow Jones Islamic38.9% S&P Shariah41.3% MSCI Islamic116.8% MSCI Islamic M-Series41.3% FTSE Shariah93.9% |
| DISCOVERY HOLDINGS INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.03% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.03% | no in-house ratios for this holding |
| HOWARD MIDSTREAM ENERGY | UNSCREENED | 0.03% | no in-house ratios for this holding |
| LEVEL 3 FINANCING INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| DISCOVERY COMMUNICATIONS | UNSCREENED | 0.03% | no in-house ratios for this holding |
| FIBERCOP SPA | UNSCREENED | 0.03% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.03% | no in-house ratios for this holding |
| STAPLES INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| IP 2025-IP Mortgage Trust | UNSCREENED | 0.03% | no in-house ratios for this holding |
| LUMN LUMEN TECHNOLOGIES INC | NON_COMPLIANT | 0.03% | AAOIFI193.3% Usmani43.8% Dow Jones Islamic204.7% S&P Shariah270.5% MSCI Islamic43.8% MSCI Islamic M-Series270.5% FTSE Shariah42.9% |
| CSC HOLDINGS LLC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| CORNERSTONE BUILDING | UNSCREENED | 0.02% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.02% | no in-house ratios for this holding |
| ALTICE FRANCE SA | UNSCREENED | 0.02% | no in-house ratios for this holding |
| CCO HLDGS LLC/CAP CORP | UNSCREENED | 0.02% | no in-house ratios for this holding |
| PARA PARAMOUNT GLOBAL | NON_COMPLIANT | 0.02% | AAOIFI1.7% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PARA PARAMOUNT GLOBAL | NON_COMPLIANT | 0.02% | AAOIFI1.7% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| VIKING OCEAN CRUISES SHI | UNSCREENED | 0.02% | no in-house ratios for this holding |
| ZAYO GROUP HOLDINGS INC | UNSCREENED | 0.02% | no in-house ratios for this holding |
| UNITI GROUP/CSL CAPITAL | UNSCREENED | 0.02% | no in-house ratios for this holding |
| ONEMAIN FINANCE CORP | UNSCREENED | 0.02% | no in-house ratios for this holding |
| ADLER FINANCING SARL | UNSCREENED | 0.02% | no in-house ratios for this holding |
| PARA PARAMOUNT GLOBAL | NON_COMPLIANT | 0.02% | AAOIFI1.7% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| N/A | UNSCREENED | 0.02% | no in-house ratios for this holding |
| FTAI AVIATION INVESTORS | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MOTION BONDCO DAC | UNSCREENED | 0.01% | no in-house ratios for this holding |
| HUNGARY | UNSCREENED | 0.01% | no in-house ratios for this holding |
| FMC FMC CORP | NON_COMPLIANT | 0.01% | AAOIFI271.1% Usmani48.1% Dow Jones Islamic115.5% S&P Shariah91.6% MSCI Islamic48.1% MSCI Islamic M-Series91.6% FTSE Shariah46.8% |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MERLIN ENTERTAINMENTS GR | UNSCREENED | 0.01% | no in-house ratios for this holding |
| FMC FMC CORP | NON_COMPLIANT | 0.01% | AAOIFI271.1% Usmani48.1% Dow Jones Islamic115.5% S&P Shariah91.6% MSCI Islamic48.1% MSCI Islamic M-Series91.6% FTSE Shariah46.8% |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| BHC.TO BAUSCH HEALTH COS INC | NON_COMPLIANT | 0.01% | AAOIFI979.7% Usmani83.7% Dow Jones Islamic625.0% S&P Shariah598.1% MSCI Islamic83.7% MSCI Islamic M-Series598.1% FTSE Shariah83.7% |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| FMC FMC CORP | NON_COMPLIANT | 0.01% | AAOIFI271.1% Usmani48.1% Dow Jones Islamic115.5% S&P Shariah91.6% MSCI Islamic48.1% MSCI Islamic M-Series91.6% FTSE Shariah46.8% |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 3 points of portfolio weight — 5.8% of it passes FTSE Shariah, 3.2% passes Dow Jones Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 3.8% ratios fail on 12.8% 84.2% not rated under AAOIFI
ratios pass on 5.0% ratios fail on 11.7% 84.1% not rated under Usmani
ratios pass on 3.2% ratios fail on 13.2% 84.4% not rated under Dow Jones Islamic
ratios pass on 3.2% ratios fail on 13.2% 84.4% not rated under S&P Shariah
ratios pass on 4.0% ratios fail on 12.3% 84.6% not rated under MSCI Islamic
ratios pass on 3.2% ratios fail on 13.2% 84.4% not rated under MSCI Islamic M-Series
ratios pass on 5.8% ratios fail on 10.9% 84.1% not rated under FTSE Shariah
84 of 588 listed holdings carry our own per-methodology verdicts (17% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 57 (12% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| QXO QXO INC | 0.68% |
| BHC.TO Bausch Health Companies Inc | 0.65% |
| ABN.AS ABN AMRO BANK NV | 0.33% |
| OII OCEANEERING INTL INC | 0.28% |
| BARC.L BARCLAYS PLC | 0.28% |
| Multifamily Structured Credit Risk | 0.27% |
| UBSG.SW UBS GROUP AG | 0.27% |
| T.TO TELUS CORP | 0.26% |
| ING ING GROEP NV | 0.24% |
| RKT ROCKET COS INC | 0.24% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Neuberger Flexible Credit Income ETF (NBFC) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for NBFC — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 60.30 | NEUTRAL |
| Stochastic %K (14) | 80.47 | SELL |
| CCI (20) | 137.63 | SELL |
| Williams %R (14) | -19.53 | SELL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 1.02 | BUY |
| Momentum (10) | 0.50 | BUY |
| EMA (10) | 49.30 | BUY |
| SMA (10) | 49.29 | BUY |
| EMA (20) | 49.23 | BUY |
| SMA (20) | 49.15 | BUY |
| EMA (30) | 49.24 | BUY |
| SMA (30) | 49.10 | BUY |
| EMA (50) | 49.30 | BUY |
| SMA (50) | 49.35 | BUY |
| EMA (100) | 49.33 | BUY |
| SMA (100) | 49.48 | SELL |
| EMA (200) | 49.13 | BUY |
| SMA (200) | 49.22 | BUY |
About Neuberger Flexible Credit Income ETF
To pursue its goal, the fund invests at least 80% of its net assets in credit instruments, including derivative instruments and other investment companies that provide investment exposure to credit instruments. The managers define credit instruments to include a broad array of debt securities including the following: corporate and sovereign bonds; securitized instruments including mortgage-backed and other asset-backed securities and credit risk transfer assets; municipal securities; CDOs, including CLOs; loans; tender option bonds etc.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 42 |
| 🕐 1H | NEUTRAL | 15 |
| ⏱ 15-Min | RANGING | 61 |
| ⏲ 5-Min | BULLISH | 183 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-11-03 · Asset managers net 928584 (+5135)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.