Neuberger Berman Mid Cap Growth Fund R6 Class (NRMGX)
| Fund Assets | 1.91B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 97.00% |
| Dividend (ttm) | 1.68 |
| Dividend Yield | 8.80% |
| Dividend Growth | 251.18% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 19.06 |
| YTD Return | 9.76% |
| 1-Year Return | 26.41% |
| 5-Year Return | 81.37% |
| 52-Week Low | 14.15 |
| 52-Week High | 20.81 |
| Beta (5Y) | n/a |
| Holdings | 79 |
| 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 26.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Palantir Technologies Inc. | PLTR | 4.70% |
| AppLovin Corporation | APP | 4.60% |
| Ssc Government Mm Gvmxx | n/a | 3.49% |
| Axon Enterprise, Inc. | AXON | 2.66% |
| Cencora, Inc. | COR | 2.50% |
| W.W. Grainger, Inc. | GWW | 2.36% |
| HEICO Corporation | HEI | 2.27% |
| Ares Management Corporation | ARES | 2.25% |
| Cloudflare, Inc. | NET | 2.16% |
| Roblox Corporation | RBLX | 2.10% |
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 |