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
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol NBSLX
Share Class Institutional Class
Index S&P 500 TR
NBSLX had a total return of 25.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.55%.
