About NRACX
The Neuberger Berman Sustainable Equity Fund Class C is a U.S. mutual fund that focuses on achieving long-term capital growth by investing mainly in the common stocks of mid- to large-capitalization companies. The fund distinguishes itself by integrating rigorous financial analysis with environmental, social, and governance (ESG) criteria, targeting firms that exhibit strong free cash flow, low leverage, and robust management track records. Guided by a "Quality at a Reasonable Price" (QARP) philosophy, the portfolio typically holds 35-45 high-conviction positions, emphasizing active ownership and engagement with portfolio companies to encourage sustainable business practices and long-term value creation. The fund is actively managed, adopting a patient, long-term investment horizon and aiming to exploit short-term market inefficiencies. It plays a significant role in the large blend category, often selecting industry leaders in technology, financial services, and consumer sectors, and is recognized for its pioneering approach to responsible investing since 1989. This fund serves investors seeking exposure to high-quality U.S. equities with embedded sustainability objectives.
Fund Family Neuberger Berman
Category Large Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NRACX
Share Class Class C
Index S&P 500 TR
NRACX had a total return of 12.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 20.22%.
