Neuberger Berman Large Cap Value Instl
- NBPIX
- Price as of: Jan 25, 2021
-
$38.22
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Neuberger Berman
- Share Class
NBPIX - Snapshot
Vitals
- YTD Return 4.2%
- 3 Yr Annualized Return 12.2%
- 5 Yr Annualized Return 15.6%
- Net Assets $2.14 B
- Holdings in Top 10 28.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.68%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 157.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
NBPIX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 12.2%
- 5 Yr Annualized Total Return 15.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameNeuberger Berman Large Cap Value Fund
-
Fund Family NameNeuberger Berman
-
Inception DateJun 07, 2006
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEli Salzmann
Fund Description
The fund normally invests at least 80% of its net assets in equity securities of large-capitalization companies, which it defines as those with a market capitalization within the market capitalization range of the Russell 1000® Value Index at the time of purchase. The Portfolio Manager looks for what he believes to be well-managed companies whose stock prices are undervalued. Although the fund invests primarily in domestic stocks, it may also invest in stocks of foreign companies.
NBPIX - Performance
Return Ranking - Trailing
Period | NBPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -13.6% | 9.7% | 15.54% |
1 Yr | 14.7% | -22.6% | 49.5% | 2.30% |
3 Yr | 12.2%* | -4.7% | 15.3% | 0.60% |
5 Yr | 15.6%* | -0.5% | 17.1% | 0.72% |
10 Yr | 10.7%* | -0.5% | 13.2% | 23.29% |
* Annualized
Return Ranking - Calendar
Period | NBPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 12.6% | -26.7% | 285.0% | 2.67% |
2019 | 19.3% | -32.1% | 76.3% | 47.44% |
2018 | -13.3% | -62.4% | 16.7% | 31.26% |
2017 | 4.4% | -72.0% | 37.9% | 76.25% |
2016 | 23.9% | -61.4% | 31.0% | 1.12% |
Total Return Ranking - Trailing
Period | NBPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -13.6% | 9.7% | 15.54% |
1 Yr | 14.7% | -22.6% | 49.5% | 2.15% |
3 Yr | 12.2%* | -5.5% | 15.3% | 0.60% |
5 Yr | 15.6%* | -0.9% | 17.1% | 0.54% |
10 Yr | 10.7%* | -0.7% | 13.2% | 21.73% |
* Annualized
Total Return Ranking - Calendar
Period | NBPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 12.6% | -26.7% | 285.0% | 2.67% |
2019 | 19.3% | -32.1% | 76.3% | 47.53% |
2018 | -13.3% | -37.1% | 18.2% | 63.13% |
2017 | 13.5% | -9.5% | 37.9% | 59.67% |
2016 | 28.4% | -27.9% | 32.2% | 1.12% |
NAV & Total Return History
NBPIX - Holdings
Concentration Analysis
NBPIX | Category Low | Category High | NBPIX % Rank | |
---|---|---|---|---|
Net Assets | 2.14 B | 377 K | 96.9 B | 24.92% |
Number of Holdings | 70 | 1 | 1634 | 63.76% |
Net Assets in Top 10 | 611 M | 68.9 K | 23.3 B | 26.12% |
Weighting of Top 10 | 28.54% | 5.6% | 100.0% | 43.19% |
Top 10 Holdings
- JPMorgan Chase & Co 4.91%
- General Electric Co 3.55%
- Bank of America Corp 3.20%
- Philip Morris International Inc 3.02%
- Southern Copper Corp 2.99%
- Johnson & Johnson 2.98%
- Citigroup Inc 2.73%
- Delta Air Lines Inc 2.62%
- Illinois Tool Works Inc 2.59%
- Comerica Inc 2.58%
Asset Allocation
Weighting | Return Low | Return High | NBPIX % Rank | |
---|---|---|---|---|
Stocks | 95.09% | 51.79% | 145.54% | 87.35% |
Cash | 4.92% | -45.53% | 32.51% | 9.39% |
Preferred Stocks | 0.00% | 0.00% | 18.13% | 24.98% |
Other | 0.00% | -1.32% | 26.80% | 20.90% |
Convertible Bonds | 0.00% | 0.00% | 7.55% | 20.24% |
Bonds | 0.00% | 0.00% | 39.80% | 23.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NBPIX % Rank | |
---|---|---|---|---|
Financial Services | 29.28% | 0.00% | 56.14% | 6.64% |
Industrials | 22.63% | 0.00% | 46.99% | 1.80% |
Basic Materials | 17.17% | 0.00% | 23.75% | 0.41% |
Energy | 9.81% | 0.00% | 27.96% | 5.41% |
Consumer Cyclical | 9.45% | 0.00% | 29.03% | 24.45% |
Healthcare | 4.58% | 0.00% | 30.11% | 97.79% |
Consumer Defense | 2.63% | 0.00% | 30.04% | 94.09% |
Communication Services | 1.64% | 0.00% | 22.26% | 96.88% |
Real Estate | 1.18% | 0.00% | 87.91% | 72.60% |
Utilities | 0.82% | 0.00% | 40.33% | 85.15% |
Technology | 0.82% | 0.00% | 54.02% | 99.26% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NBPIX % Rank | |
---|---|---|---|---|
US | 89.98% | 26.40% | 144.10% | 70.37% |
Non US | 5.11% | -0.05% | 38.52% | 42.61% |
NBPIX - Expenses
Operational Fees
NBPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.68% | 0.01% | 15.68% | 75.72% |
Management Fee | 0.63% | 0.00% | 1.50% | 59.48% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.50% | 58.81% |
Sales Fees
NBPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
NBPIX 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.
NBPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 157.00% | 0.00% | 481.00% | 95.01% |
NBPIX - Distributions
Dividend Yield Analysis
NBPIX | Category Low | Category High | NBPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.56% | 24.19% |
Dividend Distribution Analysis
NBPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
NBPIX | Category Low | Category High | NBPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.15% | -3.83% | 5.26% | 30.20% |
Capital Gain Distribution Analysis
NBPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 18, 2018 | $0.581 |
Dec 19, 2016 | $0.252 |
Dec 18, 2015 | $0.342 |
Dec 16, 2014 | $0.336 |
Dec 17, 2013 | $0.468 |
Dec 17, 2012 | $0.404 |
Dec 19, 2011 | $0.160 |
Dec 17, 2010 | $0.078 |
Dec 16, 2009 | $0.164 |
Dec 15, 2006 | $0.073 |
NBPIX - Fund Manager Analysis
Managers
Eli Salzmann
Start Date
Tenure
Tenure Rank
Dec 16, 2011
9.05
9.1%
Managing Director, joined the firm in 2011. Eli is a Senior Portfolio Manager specializing in U.S. Large Cap Value strategies. Prior to joining the firm, Eli spent nearly 14 years at Lord Abbett & Co LLC as a portfolio manager, partner, and director of large cap value. Prior to that, Eli worked at Mutual of America as a portfolio manager/analyst and held several positions at PaineWebber, Inc. Eli received an MBA from New York University and a BA from Princeton University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 85.18 | 6.92 | 15.01 |