Neuberger Berman Mid Cap Growth Fund I Class (NBMLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.32
+0.24 (1.26%)
Aug 12, 2025, 4:00 PM EDT
1.26%
Fund Assets2.05B
Expense Ratio0.69%
Min. Investment$1,000,000
Turnover97.00%
Dividend (ttm)1.68
Dividend Yield8.79%
Dividend Growth251.18%
Payout FrequencyAnnual
Ex-Dividend DateDec 16, 2024
Previous Close19.08
YTD Return11.84%
1-Year Return38.14%
5-Year Return79.48%
52-Week Low14.09
52-Week High20.74
Beta (5Y)1.06
Holdings80
Inception DateMar 1, 1979

About NBMLX

The Neuberger Berman Mid Cap Growth Fund Institutional Class is a mutual fund focused on investing in mid-capitalization companies that demonstrate significant growth potential. By targeting businesses within the middle capitalization range of the U.S. equity market, the fund seeks to capture opportunities where firms may possess competitive advantages and underappreciated catalysts for expansion. Its portfolio is diversified across a wide array of sectors, with heavy representation in technology, industrials, financial services, and consumer cyclical industries. The fund is actively managed by an experienced team, with a top-ten holdings concentration of about 29% and a total of roughly 79 positions as of early 2025. It is designed for institutional investors, requiring a minimum initial investment and offering an annual expense ratio capped at 0.69%. The fund’s approach emphasizes both risk diversification and disciplined stock selection, aiming to generate long-term capital growth and maintain a performance profile correlated to the Russell Midcap Growth Index. As a result, it plays a notable role in the mid-cap growth segment, helping investors gain exposure to dynamic, growing companies that can drive portfolio appreciation over time.

Fund Family Neuberger Berman
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol NBMLX
Share Class Institutional Class
Index Russell MidCap Growth TR

Performance

NBMLX had a total return of 38.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.44%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
NRMGXClass R60.59%
NMANXInvestor Class0.85%
NBMTXTrust Class0.94%
NMGAXClass A1.06%

Top 10 Holdings

24.49% of assets
NameSymbolWeight
Royal Caribbean Cruises Ltd.RCL3.25%
Axon Enterprise, Inc.AXON2.80%
Cencora, Inc.COR2.45%
Cloudflare, Inc.NET2.42%
Roblox CorporationRBLX2.42%
Datadog, Inc.DDOG2.38%
Ares Management CorporationARES2.24%
Spotify Technology S.A.SPOT2.22%
Toast, Inc.TOST2.16%
W.W. Grainger, Inc.GWW2.15%

Dividend History

Ex-DividendAmountPay Date
Dec 16, 2024$1.6776Dec 17, 2024
Dec 15, 2023$0.4777Dec 18, 2023
Dec 15, 2022$0.6356Dec 16, 2022
Dec 14, 2021$3.1294Dec 15, 2021
Dec 14, 2020$1.89353Dec 15, 2020
Dec 16, 2019$0.8456Dec 17, 2019
Full Dividend History