Neuberger Berman Dividend Growth Fund R6 class (NRDGX)
| Fund Assets | 105.40M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 2.43% |
| Dividend Growth | 4.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 24.21 |
| YTD Return | 14.75% |
| 1-Year Return | 16.26% |
| 5-Year Return | 108.42% |
| 52-Week Low | 18.63 |
| 52-Week High | 24.21 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Dec 15, 2015 |
About NRDGX
Neuberger Berman Dividend Growth Fund R6 is an open-end equity mutual fund designed to deliver a combination of long-term capital appreciation and current income. Its primary function is to invest predominantly in dividend-paying equities, allocating at least 80% of its net assets to such securities. The fund targets a diversified mix of companies, spanning various sectors and market capitalizations, with a focus on value-oriented businesses demonstrating strong fundamentals and a consistent capacity to grow dividends. Managed by Neuberger Berman Investment Advisers LLC since its inception in 2015, the fund employs a fundamental, bottom-up stock selection process. While its core holdings are in U.S. companies, the fund may also invest in select foreign equities and, to a limited extent, in master limited partnerships and convertible securities. The R6 share class, intended for institutional and retirement investors, is noted for its competitive expense structure and absence of distribution and shareholder service fees. The fund benchmarks its performance to the S&P 500 Index, reflecting its core role in providing broad-based exposure to U.S. large-cap equities with an emphasis on dividend growth strategies within the financial market.
Performance
NRDGX had a total return of 16.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.90%.
Top 10 Holdings
37.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Siemens Energy AG | SMNEY | 8.26% |
| Amphenol Corporation | APH | 4.52% |
| Microsoft Corporation | MSFT | 4.23% |
| Analog Devices, Inc. | ADI | 3.18% |
| Compagnie Financière Richemont SA | CFR | 2.96% |
| Electronic Arts Inc. | EA | 2.94% |
| JPMorgan Chase & Co. | JPM | 2.92% |
| The Charles Schwab Corporation | SCHW | 2.88% |
| Applied Materials, Inc. | AMAT | 2.72% |
| Apple Inc. | AAPL | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.5833 | Dec 18, 2024 |
| Dec 18, 2023 | $0.5558 | Dec 19, 2023 |
| Dec 16, 2022 | $0.7145 | Dec 19, 2022 |
| Dec 15, 2021 | $0.7199 | Dec 16, 2021 |
| Dec 14, 2020 | $0.236 | Dec 15, 2020 |
| Dec 16, 2019 | $0.2128 | Dec 17, 2019 |