About NPNRX
Neuberger Berman Large Cap Value Fund Class R3 is an actively managed mutual fund that targets value-oriented investments in large-cap U.S. companies. The fund seeks to identify established businesses considered undervalued by the market, focusing on those with catalysts that may drive price appreciation over time. Managed by an experienced team, the fund employs a rigorous, bottom-up research process, emphasizing sectors and industries with capital and capacity constraints. Its strategy aims to exploit opportunities where companies are expected to recover from below-normal to normalized earnings within 12-18 months. This diversified portfolio spans multiple sectors—including consumer defensive, healthcare, energy, utilities, and financial services—with significant holdings in companies such as Procter & Gamble, Merck, Exxon Mobil, and JPMorgan Chase. The fund plays a significant role for investors seeking long-term capital appreciation while maintaining exposure to large, well-established firms trading at attractive valuations. It also reports competitive risk-adjusted returns and a disciplined process, making it a notable participant in the large value mutual fund category.
Fund Family Neuberger Berman
Category Large Value
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NPNRX
Share Class Class R3
Index Russell 1000 Value TR
NPNRX had a total return of 34.98% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.00%.
