Neuberger Berman Quality Equity Fund A Class (NRAAX)
| Fund Assets | 1.82B |
| Expense Ratio | 1.07% |
| Min. Investment | $1,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 2.87 |
| Dividend Yield | 5.20% |
| Dividend Growth | -25.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 51.73 |
| YTD Return | 4.03% |
| 1-Year Return | 12.59% |
| 5-Year Return | 102.05% |
| 52-Week Low | 43.04 |
| 52-Week High | 53.23 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | May 27, 2009 |
About NRAAX
Neuberger Berman Sustainable Equity Fund Class A is a U.S.-based mutual fund that primarily seeks long-term capital growth through investments in equities of companies exhibiting strong environmental, social, and governance (ESG) practices. An early entrant in the ESG space, this fund leverages a high-conviction, actively managed portfolio—typically holding 35 to 45 large-cap U.S. stocks selected for their business quality, durable economic advantages, and responsible corporate leadership. Its investment philosophy focuses on a Quality at a Reasonable Price (QARP) approach, emphasizing firms with robust free cash flow, prudent leverage, and solid management track records. The fund integrates active shareholder engagement and patient, long-term ownership with the goal of driving sustainable value creation. By considering the impact companies have on customers, employees, suppliers, communities, and other stakeholders, the fund aims to align financial performance with broader sustainability goals, playing a notable role in advancing ESG principles within mainstream investing.
Performance
NRAAX had a total return of 12.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.73%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
Top 10 Holdings
52.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 8.55% |
| Microsoft Corporation | MSFT | 8.43% |
| Alphabet Inc. | GOOGL | 7.74% |
| Interactive Brokers Group, Inc. | IBKR | 5.32% |
| State Street Treasury Money Market Fund | SSJXX | 4.73% |
| Berkshire Hathaway Inc. | BRK.B | 4.35% |
| Mastercard Incorporated | MA | 4.06% |
| Kyndryl Holdings, Inc. | KD | 3.43% |
| GoDaddy Inc. | GDDY | 3.42% |
| Applied Materials, Inc. | AMAT | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $2.8701 | Dec 17, 2024 |
| Dec 15, 2023 | $3.8635 | Dec 18, 2023 |
| Dec 15, 2022 | $3.5021 | Dec 16, 2022 |
| Dec 14, 2021 | $4.8058 | Dec 15, 2021 |
| Dec 14, 2020 | $2.5162 | Dec 15, 2020 |
| Dec 16, 2019 | $3.3735 | Dec 17, 2019 |