Neuberger Berman Quality Equity I (NBSLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
52.53
+0.64 (1.23%)
Aug 22, 2025, 9:30 AM EDT
1.23%
Fund Assets1.87B
Expense Ratio0.70%
Min. Investment$1,000,000
Turnover8.00%
Dividend (ttm)2.92
Dividend Yield5.88%
Dividend Growth-26.47%
Payout FrequencyAnnual
Ex-Dividend DateDec 16, 2024
Previous Close51.89
YTD Return7.86%
1-Year Return16.16%
5-Year Return107.02%
52-Week Low43.15
52-Week High53.35
Beta (5Y)0.94
Holdings45
Inception DateNov 28, 2007

About NBSLX

The Neuberger Berman Sustainable Equity Fund Institutional Class is a U.S.-focused mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of mid- to large-capitalization companies. The fund distinguishes itself through a rigorous integration of environmental, social, and governance (ESG) criteria into its investment process, selecting companies that demonstrate high quality financials and leadership in sustainability practices. It employs a Quality at a Reasonable Price (QARP) approach, targeting businesses with robust free cash flow, prudent management, and strong stakeholder relationships, aiming to drive long-term shareholder value. Notably, the fund maintains a concentrated portfolio of 35-45 holdings, underscoring its high-conviction, fundamental research-driven methodology. Active ownership is central to its philosophy, with direct engagement and shareholder advocacy across material sustainability matters—ranging from climate action and human capital to governance and ethical supply chains. Established as one of the pioneering ESG mutual funds, the fund plays a prominent role in advancing sustainable investing within the large-cap U.S. equity space, serving institutional investors seeking both financial returns and positive societal impact.

Fund Family Neuberger Berman
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol NBSLX
Share Class Institutional Class
Index S&P 500 TR

Performance

NBSLX had a total return of 16.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.76%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
NRSRXClass R60.61%
NBSRXInvestor Class0.88%
NBSTXTrust Class1.06%
NRAAXClass A1.07%

Top 10 Holdings

53.83% of assets
NameSymbolWeight
Amazon.com, Inc.AMZN9.21%
Microsoft CorporationMSFT9.13%
Alphabet Inc.GOOGL8.51%
Interactive Brokers Group, Inc.IBKR6.36%
Berkshire Hathaway Inc.BRK.B4.26%
Mastercard IncorporatedMA3.94%
Kyndryl Holdings, Inc.KD3.89%
GoDaddy Inc.GDDY3.10%
Applied Materials, Inc.AMAT2.77%
United Rentals, Inc.URI2.65%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 16, 2024$2.9198Dec 17, 2024
Dec 15, 2023$3.9708Dec 18, 2023
Dec 15, 2022$3.5782Dec 16, 2022
Dec 14, 2021$4.9712Dec 15, 2021
Dec 14, 2020$2.6905Dec 15, 2020
Dec 16, 2019$3.4711Dec 17, 2019
Full Dividend History