Neuberger Berman Mid Cap Growth Fund I Class (NBMLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.97
+0.15 (0.80%)
Jul 9, 2025, 4:00 PM EDT
11.79%
Fund Assets 1.91B
Expense Ratio 0.69%
Min. Investment $1,000,000
Turnover 97.00%
Dividend (ttm) 1.68
Dividend Yield 8.84%
Dividend Growth 251.18%
Payout Frequency Annual
Ex-Dividend Date Dec 16, 2024
Previous Close 18.82
YTD Return 10.68%
1-Year Return 32.20%
5-Year Return 80.68%
52-Week Low 14.09
52-Week High 20.74
Beta (5Y) 1.07
Holdings 79
Inception Date Mar 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 32.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.43%.

Other Share Classes

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

Symbol Share Class Expense Ratio
NRMGX Class R6 0.59%
NMANX Investor Class 0.85%
NBMTX Trust Class 0.94%
NMGAX Class A 1.06%

Top 10 Holdings

29.10% of assets
Name Symbol Weight
Palantir Technologies Inc. PLTR 4.70%
AppLovin Corporation APP 4.60%
Ssc Government Mm Gvmxx n/a 3.49%
Axon Enterprise, Inc. AXON 2.66%
Cencora, Inc. COR 2.50%
W.W. Grainger, Inc. GWW 2.36%
HEICO Corporation HEI 2.27%
Ares Management Corporation ARES 2.25%
Cloudflare, Inc. NET 2.16%
Roblox Corporation RBLX 2.10%
View More Holdings

Dividend History

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