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.
Fund Family Neuberger Berman
Category Large Blend
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol NRAAX
Share Class Class A
Index S&P 500 TR
NRAAX had a total return of 26.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.71%.
