Neuberger Berman Dividend Growth I (NDGIX)
| Fund Assets | 112.71M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 2.29% |
| Dividend Growth | 5.00% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 24.55 |
| YTD Return | 17.48% |
| 1-Year Return | 17.72% |
| 5-Year Return | 91.76% |
| 52-Week Low | 18.61 |
| 52-Week High | 24.67 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | Dec 15, 2015 |
About NDGIX
Neuberger Berman Dividend Growth Fund Institutional Class is an actively managed mutual fund that seeks to deliver a combination of long-term capital appreciation and modest current income. The fund primarily invests at least 80% of its assets in equity securities of companies with a strong track record of paying and growing dividends. Its portfolio consists mainly of U.S. common stocks, but it also has the flexibility to allocate up to 10% of assets each to master limited partnerships and convertible securities, including those that are below investment grade. The fund employs a bottom-up, value-oriented investment approach, focusing on businesses with strong balance sheets, consistent cash flow, and the ability to increase dividend distributions over time. While its sector exposure may shift based on market conditions, the fund tends to favor companies perceived as dividend champions, initiators, and accelerators. Launched in 2015, the institutional share class is designed for investors seeking stable income and capital growth, contributing to the large blend category—an important segment for those looking to balance growth and income in their investment portfolios.
Performance
NDGIX had a total return of 17.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.88%.
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 | $0.5649 | Dec 18, 2024 |
| Dec 18, 2023 | $0.538 | Dec 19, 2023 |
| Dec 16, 2022 | $0.6985 | Dec 19, 2022 |
| Dec 15, 2021 | $0.6983 | Dec 16, 2021 |
| Dec 14, 2020 | $0.2221 | Dec 15, 2020 |
| Dec 16, 2019 | $0.2025 | Dec 17, 2019 |