Neuberger Berman Mid Cap Growth Fund R6 Class (NRMGX)
| Fund Assets | 2.05B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 97.00% |
| Dividend (ttm) | 1.68 |
| Dividend Yield | 8.75% |
| Dividend Growth | 251.18% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 19.17 |
| YTD Return | 11.39% |
| 1-Year Return | 37.65% |
| 5-Year Return | 79.49% |
| 52-Week Low | 14.15 |
| 52-Week High | 20.81 |
| Beta (5Y) | n/a |
| Holdings | 80 |
| Inception Date | Mar 15, 2013 |
About NRMGX
Neuberger Berman Mid Cap Growth Fund R6 Class is an open-end mutual fund that primarily seeks long-term capital growth by investing at least 80% of its assets in common stocks of mid-capitalization companies. The fund focuses on businesses with competitive advantages and underappreciated catalysts, employing a research-driven, bottom-up investment process to identify mispriced growth opportunities. Its diversified portfolio spans multiple sectors—including technology, communication services, financial services, and consumer cyclical—with a notable portion concentrated in top holdings like CrowdStrike, Palantir Technologies, and Spotify. The fund is managed by a team led by experienced portfolio managers who specialize in sector-specific research to spot growth inflection points and market disconnects. With an expense ratio of 0.59%, the R6 Class is tailored for retirement plans and institutional investors seeking mid-cap exposure with disciplined risk management, aiming to deliver attractive returns within the mid-cap growth segment of the U.S. equity market.
Performance
NRMGX had a total return of 37.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
24.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Royal Caribbean Cruises Ltd. | RCL | 3.25% |
| Axon Enterprise, Inc. | AXON | 2.80% |
| Cencora, Inc. | COR | 2.45% |
| Cloudflare, Inc. | NET | 2.42% |
| Roblox Corporation | RBLX | 2.42% |
| Datadog, Inc. | DDOG | 2.38% |
| Ares Management Corporation | ARES | 2.24% |
| Spotify Technology S.A. | SPOT | 2.22% |
| Toast, Inc. | TOST | 2.16% |
| W.W. Grainger, Inc. | GWW | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.6776 | Dec 17, 2024 |
| Dec 15, 2023 | $0.4777 | Dec 18, 2023 |
| Dec 15, 2022 | $0.6356 | Dec 16, 2022 |
| Dec 14, 2021 | $3.1294 | Dec 15, 2021 |
| Dec 14, 2020 | $1.88604 | Dec 15, 2020 |
| Dec 16, 2019 | $0.84226 | Dec 17, 2019 |