Neuberger Berman Dividend Growth A (NDGAX)
| Fund Assets | 112.71M |
| Expense Ratio | 1.06% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 1.86% |
| Dividend Growth | 3.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 24.70 |
| YTD Return | 16.85% |
| 1-Year Return | 16.92% |
| 5-Year Return | 87.78% |
| 52-Week Low | 18.65 |
| 52-Week High | 24.70 |
| Beta (5Y) | 0.97 |
| Holdings | 62 |
| Inception Date | Dec 15, 2015 |
About NDGAX
Neuberger Berman Dividend Growth Fund Class A is an open-end mutual fund focused on equity income, managed by Neuberger Berman Investment Advisers. Its primary objective is to achieve long-term capital appreciation while generating current income, primarily by investing at least 80% of its assets in dividend-paying equity securities. The fund employs a bottom-up approach, emphasizing the selection of high-quality companies with strong business models, robust cash flow generation, and a proven record or potential for consistent dividend growth. Holdings span various sectors, with notable concentrations in technology and healthcare, and typically include established “dividend champions” and companies poised to accelerate or initiate dividend payments. The fund seeks to provide investors with a combination of growth potential and a moderate income stream, making it a relevant choice for those aiming to balance capital growth and steady dividends. It is positioned within the large blend category and incorporates risk management by maintaining sector diversification and targeting firms with sound balance sheets.
Performance
NDGAX had a total return of 16.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.44%.
Top 10 Holdings
39.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Siemens Energy AG | SMNEY | 8.11% |
| Amphenol Corporation | APH | 5.01% |
| Microsoft Corporation | MSFT | 4.58% |
| State Street Treasury Money Market Fund | SSJXX | 4.56% |
| Analog Devices, Inc. | ADI | 3.13% |
| JPMorgan Chase & Co. | JPM | 3.06% |
| The Charles Schwab Corporation | SCHW | 2.98% |
| Applied Materials, Inc. | AMAT | 2.92% |
| Electronic Arts Inc. | EA | 2.92% |
| Apple Inc. | AAPL | 2.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.4875 | Dec 18, 2024 |
| Dec 18, 2023 | $0.4719 | Dec 19, 2023 |
| Dec 16, 2022 | $0.6447 | Dec 19, 2022 |
| Dec 15, 2021 | $0.6003 | Dec 16, 2021 |
| Dec 14, 2020 | $0.1678 | Dec 15, 2020 |
| Dec 16, 2019 | $0.1432 | Dec 17, 2019 |