NBMBX: Neuberger Berman Mid Cap Growth Adv

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

NBMBX Neuberger Berman Mid Cap Growth Adv


Profile

NBMBX - Profile

Vitals

  • YTD Return 7.8%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $1.47 B
  • Holdings in Top 10 19.7%

52 WEEK LOW AND HIGH

$16.80
$14.13
$16.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.21%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Oct 15, 2009
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 7.8%
  • 3 Yr Annualized Total Return 10.0%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Neuberger Berman Mid Cap Growth Fund
  • Fund Family Name
    Neuberger Berman
  • Inception Date
    Sep 03, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kenneth Turek

Fund Description

The fund normally invests at least 80% of its net assets in common stocks of mid-capitalization companies, which it defines as those with a total market capitalization within the market capitalization range of the Russell Midcap® Index at the time of purchase. It seeks to reduce risk by diversifying among many companies, sectors and industries.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

NBMBX - Performance

Return Ranking - Trailing

Period NBMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -1.0% 29.6% 38.53%
1 Yr 16.1% -53.8% 62.3% 44.77%
3 Yr 6.9%* -38.4% 45.0% 48.21%
5 Yr 3.8%* -30.5% 25.8% 48.07%
10 Yr 8.4%* -15.0% 20.0% 33.53%

* Annualized

Return Ranking - Calendar

Period NBMBX Return Category Return Low Category Return High Rank in Category (%)
2019 26.2% -50.2% 44.9% 44.92%
2018 -16.0% -51.7% 102.3% 53.31%
2017 14.5% -21.1% 36.0% 54.36%
2016 1.7% -61.7% 40.3% 47.65%
2015 -3.9% -54.0% 12.2% 33.55%

Total Return Ranking - Trailing

Period NBMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -1.0% 29.6% 38.53%
1 Yr 16.1% -53.8% 62.3% 44.77%
3 Yr 10.0%* -33.6% 45.0% 49.91%
5 Yr 7.3%* -21.1% 25.8% 48.71%
10 Yr 11.8%* -10.4% 20.0% 41.25%

* Annualized

Total Return Ranking - Calendar

Period NBMBX Return Category Return Low Category Return High Rank in Category (%)
2019 26.2% -50.2% 44.9% 44.92%
2018 -16.0% -51.7% 102.3% 68.52%
2017 24.9% -7.0% 39.4% 35.23%
2016 4.5% -61.7% 40.3% 46.01%
2015 1.0% -54.0% 12.2% 27.53%

NAV & Total Return History


Holdings

NBMBX - Holdings

Concentration Analysis

NBMBX Category Low Category High NBMBX % Rank
Net Assets 1.47 B 753 K 34.2 B 41.14%
Number of Holdings 104 1 2554 21.07%
Net Assets in Top 10 288 M 186 K 6.42 B 42.14%
Weighting of Top 10 19.68% 5.9% 100.0% 72.58%

Top 10 Holdings

  1. Advanced Micro Devices Inc 2.67%
  2. Global Payments Inc 2.50%
  3. CDW Corp 2.05%
  4. CoStar Group Inc 2.05%
  5. Fiserv Inc 1.90%
  6. Cintas Corp 1.84%
  7. Burlington Stores Inc 1.72%
  8. Bright Horizons Family Solutions Inc 1.67%
  9. Motorola Solutions Inc 1.65%
  10. Roper Technologies Inc 1.65%

Asset Allocation

Weighting Return Low Return High NBMBX % Rank
Stocks
99.37% 83.13% 121.88% 22.07%
Cash
0.63% -27.03% 16.87% 77.26%
Preferred Stocks
0.00% 0.00% 3.45% 84.78%
Other
0.00% -10.22% 5.15% 83.61%
Convertible Bonds
0.00% 0.00% 0.16% 83.28%
Bonds
0.00% 0.00% 6.52% 83.95%

Stock Sector Breakdown

Weighting Return Low Return High NBMBX % Rank
Technology
29.59% 0.00% 54.65% 38.13%
Industrials
18.83% 0.00% 33.54% 37.12%
Healthcare
18.27% 0.00% 41.67% 35.28%
Consumer Cyclical
13.27% 2.74% 58.77% 57.86%
Financial Services
7.09% 0.00% 40.35% 58.36%
Communication Services
6.00% 0.00% 26.56% 20.74%
Consumer Defense
2.96% 0.00% 16.93% 50.67%
Real Estate
2.48% 0.00% 52.42% 63.88%
Energy
0.72% 0.00% 11.32% 46.82%
Utilities
0.52% 0.00% 6.65% 19.06%
Basic Materials
0.27% 0.00% 19.70% 72.58%

Stock Geographic Breakdown

Weighting Return Low Return High NBMBX % Rank
US
96.42% 80.33% 115.67% 31.94%
Non US
2.95% 0.00% 16.67% 52.51%

Expenses

NBMBX - Expenses

Operational Fees

NBMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.21% 0.05% 27.43% 45.84%
Management Fee 0.90% 0.00% 1.50% 84.09%
12b-1 Fee 0.25% 0.00% 1.00% 56.86%
Administrative Fee 0.40% 0.01% 0.40% 99.14%

Sales Fees

NBMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NBMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NBMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 1.24% 385.00% 50.25%

Distributions

NBMBX - Distributions

Dividend Yield Analysis

NBMBX Category Low Category High NBMBX % Rank
Dividend Yield 0.00% 0.00% 40.68% 83.44%

Dividend Distribution Analysis

NBMBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

NBMBX Category Low Category High NBMBX % Rank
Net Income Ratio -0.62% -2.55% 2.65% 72.88%

Capital Gain Distribution Analysis

NBMBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

NBMBX - Fund Manager Analysis

Managers

Kenneth Turek


Start Date

Tenure

Tenure Rank

Jan 31, 2003

17.01

17.0%

Turek is a vice present of NBMI and managing director of Neuberger Berman , LLC. He joined the firm in 2002. Previously, he spent five years as a vice president and senior portfolio manager in institutional asset management at Northern Trust. Additionally, he was a portfolio manager at National Investment Services and Chief Investment Officer at ColeTaylor Bank. Mr. Turek holds a BA from the University of Wisconsin at Madison and an MBA from DePaul University. He holds the Chartered Financial Analyst designation.

Trevor Moreno


Start Date

Tenure

Tenure Rank

Jan 16, 2020

0.04

0.0%

Trevor Moreno is a Vice President of NBM and NB LLC. He joined the firm in 2014. Prior to joining the firm, he was an assistant portfolio manager and equity analyst at an investment company.

Chad Bruso


Start Date

Tenure

Tenure Rank

Jan 16, 2020

0.04

0.0%

Chad A. Bruso, CFA, Senior Vice President, joined the firm in 2006. Chad is part of the Growth Equity Group which is responsible for Neuberger Berman’s Mid Cap Growth and Small Cap Growth strategies. He is an Associate Portfolio Manager on Small Cap Growth and Senior Research Analyst covering the Industrial and Consumer sectors for Mid Cap Growth. Prior to joining the firm, he was both a vice president and transportation analyst at Morgan Stanley. Chad began his career as a senior consultant at Arthur Andersen. He earned a Bachelor of Finance from the University of Illinois at Urbana-Champaign. Chad has been awarded the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.1 7.97 3.92