Neuberger Berman Focus I (NFALX)
| Fund Assets | 796.16M |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.25% |
| Dividend Growth | -49.51% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 36.31 |
| YTD Return | 18.98% |
| 1-Year Return | 24.25% |
| 5-Year Return | 67.06% |
| 52-Week Low | 26.47 |
| 52-Week High | 36.31 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | Oct 19, 1955 |
About NFALX
Neuberger Berman Focus Fund Institutional Class is an actively managed mutual fund that seeks long-term capital appreciation through a concentrated portfolio of global equities. Managed by a seasoned team of research analysts, former private equity investors, industry operators, and data scientists, the fund leverages alternative data and in-depth research to inform stock selection and portfolio construction. Its strategy emphasizes high "active share," meaning the fund’s holdings are distinctly different from the broader market indices, particularly the MSCI All Country World Index. This approach aims to provide differentiated exposure to global markets and potential alpha generation. The fund primarily targets large-cap companies across various sectors, often concentrating investments in a relatively small number of holdings. Notable features include strong data science integration and an expense ratio of approximately 0.75%, which is below average for its category. Since its inception in 2010, the Neuberger Berman Focus Fund Institutional Class has established itself as a significant player in the global large-stock growth arena, appealing to institutional investors seeking an actively managed, high-conviction equity strategy.
Performance
NFALX had a total return of 24.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.74%.
Top 10 Holdings
42.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Ssc Government Mm Gvmxx | n/a | 6.15% |
| Amazon.com, Inc. | AMZN | 5.55% |
| Meta Platforms, Inc. | META | 5.14% |
| Microsoft Corporation | MSFT | 4.50% |
| NVIDIA Corporation | NVDA | 4.41% |
| Deutsche Telekom AG | DTE | 3.53% |
| Carnival Corporation & plc | CCL | 3.52% |
| Fair Isaac Corporation | FICO | 3.30% |
| Airbus SE | AIR | 3.25% |
| Philip Morris International Inc. | PM | 3.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.0921 | Dec 17, 2024 |
| Dec 15, 2023 | $0.1824 | Dec 18, 2023 |
| Dec 15, 2022 | $0.0456 | Dec 16, 2022 |
| Dec 14, 2021 | $5.7719 | Dec 15, 2021 |
| Dec 14, 2020 | $1.5992 | Dec 15, 2020 |
| Dec 16, 2019 | $3.2952 | Dec 17, 2019 |