Neuberger Berman Large Cap Value Instl (NBPIX)
| Fund Assets | 8.36B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 1.03 |
| Dividend Yield | 2.04% |
| Dividend Growth | -2.93% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 50.59 |
| YTD Return | 12.33% |
| 1-Year Return | 9.54% |
| 5-Year Return | 91.76% |
| 52-Week Low | 41.49 |
| 52-Week High | 50.59 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| Inception Date | Jan 20, 1975 |
About NBPIX
The Neuberger Berman Large Cap Value Fund Institutional Class is an active, value-oriented mutual fund focusing on large-capitalization U.S. equities. The fund’s primary purpose is to achieve long-term capital appreciation by identifying undervalued companies that offer robust fundamentals and a catalyst for price appreciation within a 12-18 month investment horizon. Portfolio managers employ rigorous bottom-up research to select stocks from industries with capital and capacity constraints, emphasizing sectors such as healthcare, consumer defensive, financial services, energy, and utilities. The fund typically maintains a diversified portfolio, with top holdings reflecting a strong bias toward established, dividend-paying companies that demonstrate resilient business models. With an experienced management team averaging 33 years of investment expertise, the strategy aims to deliver consistent relative performance, emphasizing risk management and a disciplined valuation process. Neuberger Berman Large Cap Value Fund Institutional Class holds appeal for institutional investors seeking cost-effective exposure to value-oriented large-cap U.S. equities, highlighting its role in providing access to mature, cash-generative businesses in the broader equity market.
Performance
NBPIX had a total return of 9.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRVIX | Vanguard | Vanguard Russell 1000 Value Index Fund Institutional Shares | 0.07% |
Top 10 Holdings
28.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 4.10% |
| JPMorgan Chase & Co. | JPM | 3.77% |
| Johnson & Johnson | JNJ | 3.13% |
| The Boeing Company | BA | 3.10% |
| Philip Morris International Inc. | PM | 2.68% |
| Southern Copper Corporation | SCCO | 2.65% |
| Cisco Systems, Inc. | CSCO | 2.40% |
| Capital One Financial Corporation | COF | 2.37% |
| Wheaton Precious Metals Corp. | WPM | 2.30% |
| The Charles Schwab Corporation | SCHW | 2.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.0285 | Dec 17, 2024 |
| Dec 15, 2023 | $1.0595 | Dec 18, 2023 |
| Dec 15, 2022 | $0.7358 | Dec 16, 2022 |
| Dec 14, 2021 | $2.3187 | Dec 15, 2021 |
| Dec 14, 2020 | $0.6366 | Dec 15, 2020 |
| Dec 16, 2019 | $1.2983 | Dec 17, 2019 |