Neuberger Berman Large Cap Value Fund A Class (NBPBX)
| Fund Assets | 8.01B |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 1.63% |
| Dividend Growth | -7.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 48.51 |
| YTD Return | 8.33% |
| 1-Year Return | 12.82% |
| 5-Year Return | 92.73% |
| 52-Week Low | 41.61 |
| 52-Week High | 49.14 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Aug 19, 1996 |
About NBPBX
Neuberger Berman Large Cap Value Fund Advisor Class is an actively managed mutual fund that focuses on large-cap U.S. equities exhibiting value characteristics. Its primary objective is long-term capital appreciation by investing in companies believed to be undervalued relative to their intrinsic worth, often targeting sectors facing capital and capacity constraints. The fund employs a bottom-up research approach to identify businesses with catalysts for earnings normalization, aiming to uncover opportunities where short-term challenges have temporarily depressed share prices. Managed by a team with decades of experience, the fund maintains a diversified portfolio, typically holding stocks across various industries, including energy, healthcare, financials, technology, and consumer defensive sectors. With a relatively high asset concentration in its top holdings and a turnover rate reflecting its active investment style, the fund serves investors seeking exposure to large-cap value stocks as a core holding intended to participate in market upside while seeking to mitigate downside risk. Its notable features include a commitment to rigorous fundamental analysis and a consistent emphasis on undervalued market segments, positioning the fund as a significant player in the large-cap value mutual fund category.
Performance
NBPBX had a total return of 12.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVLCX | Fidelity | Fidelity Advisor Value Leaders Fund - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
Top 10 Holdings
29.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 4.94% |
| Johnson & Johnson | JNJ | 4.24% |
| Medtronic plc | MDT | 2.96% |
| JPMorgan Chase & Co. | JPM | 2.68% |
| Philip Morris International Inc. | PM | 2.67% |
| Chevron Corporation | CVX | 2.63% |
| Duke Energy Corporation | DUK | 2.54% |
| CME Group Inc. | CME | 2.46% |
| Accenture plc | ACN | 2.40% |
| Wheaton Precious Metals Corp. | WPM | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.794 | Dec 17, 2024 |
| Dec 15, 2023 | $0.8579 | Dec 18, 2023 |
| Dec 15, 2022 | $0.5235 | Dec 16, 2022 |
| Dec 14, 2021 | $2.0731 | Dec 15, 2021 |
| Dec 14, 2020 | $0.4686 | Dec 15, 2020 |
| Dec 16, 2019 | $1.1459 | Dec 17, 2019 |