Neuberger Berman Large Cap Value Fund I Class (NBPIX)
| Fund Assets | 8.01B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 1.03 |
| Dividend Yield | 2.16% |
| Dividend Growth | -2.93% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 47.64 |
| YTD Return | 6.56% |
| 1-Year Return | 11.32% |
| 5-Year Return | 98.75% |
| 52-Week Low | 41.49 |
| 52-Week High | 49.17 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| 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 11.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.96%.
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
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 | $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 |