Neuberger Berman Focus Trust

Frequently Asked Questions About NBFCX

What does NBFCX invest in?

This fund maintains a highly focused portfolio, primarily composed of equities from a select group of companies worldwide, including those in emerging markets, irrespective of their market capitalization. Investment decisions are driven by rigorous, research-intensive fundamental analysis. Due to this concentrated and selective strategy, the fund's allocation to particular economic sectors may experience considerable variations.

What is the expense ratio of NBFCX?

Neuberger Berman Focus Trust (NBFCX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NBFCX?

Neuberger Berman Focus Trust (NBFCX) manages $820.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is NBFCX actively managed or an index fund?

NBFCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NBFCX's is 1.10%) in exchange for the discretion to over- or under-weight positions.

When was NBFCX launched?

Neuberger Berman Focus Trust (NBFCX) launched in April 1996 and is managed by Neuberger Berman.

How has NBFCX performed?

NBFCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.