Neuberger Securitize High Income Tokenized Fund (HINC)

HINC is the token associated with the Neuberger Securitize High Income Tokenized Fund, a fund that seeks to generate current income from fixed-income investments. Its portfolio is expected to invest most of its assets in high-yield bonds, with the remainder in collateralized loan obligations (CLOs), bank loans and other high-yielding fixed-income instruments. The fund states that it does not use leverage.

HINC is not a typical cryptocurrency whose value is tied to a blockchain network or used to pay transaction fees. It represents an interest in a tokenized investment fund, so its value and risks are linked to the fund’s assets, operations and terms. Neuberger Berman is responsible for sourcing, underwriting and selecting the portfolio investments, while Securitize provides tokenization infrastructure. The token does not make the underlying bonds risk-free, and holding HINC is not the same as holding a diversified cash deposit or a government-backed stablecoin.

The fund’s stated objective is to provide income through exposure primarily to U.S. high-yield bonds and other income-producing credit instruments. High-yield bonds are issued by borrowers with lower credit ratings, which can mean higher yields but also a greater chance of missed payments or default. CLOs and bank loans add further credit and market risks; their performance can be affected by borrower defaults, changes in interest rates, liquidity conditions and economic conditions.

The tokenization layer can represent fund interests on supported blockchains, but it does not remove the usual risks of an investment fund. The value of the underlying portfolio can fall, income can vary, and investors may not be able to sell when they want or at a desired price. Fund access, transferability, fees, distributions and redemption procedures depend on the offering documents and applicable eligibility rules. Review those terms before considering HINC, and do not assume that the token can be freely transferred simply because it exists on a public blockchain.

HINC has been issued on Ethereum, Solana, Avalanche and Sui. These are the networks on which token versions are reported; HINC is not described as the native token of any of them. Confirm the exact network and token contract through official fund or Securitize materials before receiving or transferring tokens. Sending a token to an incompatible address or using the wrong network can result in a loss that may be difficult or impossible to reverse.

As of 2026-11-05, the reported circulating and total supply were both about 18,796 HINC, with no maximum supply specified. The reported price was about $983.73 and market capitalization about $18.5 million on that date. These are time-sensitive figures and should not be treated as a guaranteed redemption value or a statement of the fund’s net asset value. The reported 24-hour trading volume was unavailable, so the figures alone do not indicate how easy it is to buy or sell HINC.

HINC carries investment risks as well as blockchain risks. The fund’s high-yield credit exposure can lose value because of defaults, deteriorating issuer finances, interest-rate moves or limited market liquidity. Token holders may also face restrictions on eligibility, transfers or redemptions, and the fund’s terms may differ from those of ordinary publicly traded securities. Read the official offering and token documentation to understand who can hold HINC, how ownership is recorded, what fees apply and how an exit works.

For storage, use only a wallet and network supported by the fund’s official materials and appropriate to your eligibility. Protect the wallet’s recovery phrase and private keys, and check the receiving address and chain carefully before sending tokens. Self-custody places key-management responsibility on you; a lost key may mean losing access. A supported custodian may offer a different custody arrangement, but it introduces reliance on that provider. Neither wallet custody nor blockchain settlement guarantees liquidity, investment returns or recovery of funds after an error.