Neuberger Berman Mid Cap Growth Fund A Class (NMGAX)
Fund Assets | 1.91B |
Expense Ratio | 1.06% |
Min. Investment | $1,000 |
Turnover | 97.00% |
Dividend (ttm) | 1.68 |
Dividend Yield | 8.48% |
Dividend Growth | 251.18% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 16, 2024 |
Previous Close | 18.49 |
YTD Return | 10.43% |
1-Year Return | 31.76% |
5-Year Return | 77.46% |
52-Week Low | 13.86 |
52-Week High | 20.45 |
Beta (5Y) | n/a |
Holdings | 79 |
Inception Date | Mar 1, 1979 |
About NMGAX
The Neuberger Berman Mid Cap Growth Fund is a mutual fund designed to invest primarily in mid-capitalization stocks, seeking growth of capital. It focuses on companies with competitive advantages and underappreciated growth catalysts, employing a bottom-up investment approach that emphasizes fundamental analysis and qualitative assessments. The fund allocates its assets across various sectors, with a significant presence in technology, retail trade, and finance. By tapping into the mid-cap segment, the fund aims to capitalize on the potential for accelerated growth while maintaining the stability associated with more established businesses. This strategy allows investors to access a diverse range of companies, including those poised to become future large-cap leaders.
Performance
NMGAX had a total return of 31.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.10% of assetsName | Symbol | Weight |
---|---|---|
Palantir Technologies Inc. | PLTR | 4.70% |
AppLovin Corporation | APP | 4.60% |
Ssc Government Mm Gvmxx | n/a | 3.49% |
Axon Enterprise, Inc. | AXON | 2.66% |
Cencora, Inc. | COR | 2.50% |
W.W. Grainger, Inc. | GWW | 2.36% |
HEICO Corporation | HEI | 2.27% |
Ares Management Corporation | ARES | 2.25% |
Cloudflare, Inc. | NET | 2.16% |
Roblox Corporation | RBLX | 2.10% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 16, 2024 | $1.6776 | Dec 17, 2024 |
Dec 15, 2023 | $0.4777 | Dec 18, 2023 |
Dec 15, 2022 | $0.6356 | Dec 16, 2022 |
Dec 14, 2021 | $3.1294 | Dec 15, 2021 |
Dec 14, 2020 | $1.92291 | Dec 15, 2020 |
Dec 16, 2019 | $0.85873 | Dec 17, 2019 |