Neuberger Berman Large Cap Value Fund Investor Class (NPRTX)
| Fund Assets | 8.22B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.98 |
| Dividend Yield | 2.03% |
| Dividend Growth | -2.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 48.77 |
| YTD Return | 7.89% |
| 1-Year Return | 7.91% |
| 5-Year Return | 85.71% |
| 52-Week Low | 41.50 |
| 52-Week High | 49.16 |
| Beta (5Y) | 0.75 |
| Holdings | 79 |
| Inception Date | Jan 20, 1975 |
About NPRTX
The Neuberger Berman Large Cap Value Fund Investor Class is an actively managed mutual fund designed to provide exposure to established, large-capitalization U.S. companies that are considered undervalued relative to their intrinsic worth. This fund follows a value-oriented investment approach, focusing on identifying businesses within the market capitalization range of the Russell 1000® Value Index that exhibit potential catalysts for earnings improvement, such as management changes, restructurings, or expansion into new markets. The strategy employs bottom-up research and emphasizes sectors with capital and capacity constraints, aiming to capitalize on near-term normalization of company earnings. The fund typically invests at least 80% of its assets in equity securities of large-cap companies, and its diversified portfolio seeks to participate in market gains while mitigating downside risks. With a team of experienced portfolio managers and a longstanding history since 1975, the fund holds approximately 80 securities, with a significant portion—over 30%—allocated to its top 10 holdings. It is intended to serve as a core value allocation within diversified portfolios, offering investors exposure to potential capital appreciation and income through dividends within the large value segment of the U.S. equity market.
Performance
NPRTX had a total return of 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.22%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVLCX | Fidelity | Fidelity Advisor Value Leaders Fund - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
Top 10 Holdings
28.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 4.29% |
| Johnson & Johnson | JNJ | 3.40% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.25% |
| Philip Morris International Inc. | PM | 3.11% |
| JPMorgan Chase & Co. | JPM | 2.99% |
| Medtronic plc | MDT | 2.50% |
| Duke Energy Corporation | DUK | 2.39% |
| Wells Fargo & Company | WFC | 2.30% |
| Wheaton Precious Metals Corp. | WPM | 2.29% |
| Southern Copper Corporation | SCCO | 2.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.9834 | Dec 17, 2024 |
| Dec 15, 2023 | $1.0127 | Dec 18, 2023 |
| Dec 15, 2022 | $0.6728 | Dec 16, 2022 |
| Dec 14, 2021 | $2.2326 | Dec 15, 2021 |
| Dec 14, 2020 | $0.582 | Dec 15, 2020 |
| Dec 16, 2019 | $1.2495 | Dec 17, 2019 |