Neuberger Berman Mid Cap Intrinsic Value Fund R3 Class (NBRRX)
| Fund Assets | 51.05M |
| Expense Ratio | 1.46% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 1.51 |
| Dividend Yield | 5.74% |
| Dividend Growth | 319.14% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 26.32 |
| YTD Return | -1.68% |
| 1-Year Return | -1.08% |
| 5-Year Return | 80.40% |
| 52-Week Low | 20.95 |
| 52-Week High | 29.38 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Jun 21, 2010 |
About NBRRX
Neuberger Berman Mid Cap Intrinsic Value Fund R3 Class is a mutual fund focused on investing in mid-capitalization companies that are believed to be trading below their intrinsic value. Its primary goal is to identify and invest in mid-sized firms with clear catalysts expected to close the gap between market price and intrinsic worth over time. The fund employs a bottom-up, fundamental research-driven strategy, seeking to avoid value traps by focusing on companies where active portfolio engagement and corporate dialogue may enhance long-term shareholder value. Diversification is a key feature, as the fund spreads its investments across various companies, sectors, and industries to mitigate risk. Managed by a team of experienced value investors, the fund’s benchmark is the Russell Midcap Value Index, emphasizing a disciplined value approach within the context of the U.S. equity markets. The fund may also invest in REITs and select foreign securities, contributing to its diversified exposure in the mid-cap space.
Performance
NBRRX had a total return of -1.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.11%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMPEX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class C | 1.87% |
| FMPTX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class M | 1.37% |
| FMPAX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class A | 1.12% |
| FIDFX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class Z | 0.75% |
| FMPOX | Fidelity | Fidelity Advisor Mid Cap Value Fund - Class I | 0.87% |
Top 10 Holdings
24.52% of assets| Name | Symbol | Weight |
|---|---|---|
| The Williams Companies, Inc. | WMB | 2.77% |
| CenterPoint Energy, Inc. | CNP | 2.73% |
| Aptiv PLC | APTV | 2.50% |
| Gates Industrial Corporation plc | GTES | 2.49% |
| Teledyne Technologies Incorporated | TDY | 2.46% |
| Ciena Corporation | CIEN | 2.42% |
| Hewlett Packard Enterprise Company | HPE | 2.35% |
| AerCap Holdings N.V. | AER | 2.29% |
| L3Harris Technologies, Inc. | LHX | 2.29% |
| Pure Storage, Inc. | PSTG | 2.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.511 | Dec 17, 2024 |
| Dec 15, 2023 | $0.3605 | Dec 18, 2023 |
| Dec 15, 2022 | $0.0878 | Dec 16, 2022 |
| Dec 14, 2021 | $0.0197 | Dec 15, 2021 |
| Dec 14, 2020 | $0.0023 | Dec 15, 2020 |
| Dec 16, 2019 | $0.1608 | Dec 17, 2019 |