Neuberger Berman Mid Cap Instrinsic Value Fd Trust

Frequently Asked Questions About NBREX

What does NBREX invest in?

The fund primarily aims to achieve capital appreciation for its investors. To accomplish this, it typically allocates a minimum of 80% of its net assets to common stocks of medium-sized companies. The adviser considers these "mid-capitalization" firms to be those whose total market value falls within the range of the Russell Midcap® Value Index at the time of purchase. Its investment approach involves a comprehensive, bottom-up fundamental research process, designed to identify companies whose shares are trading below the portfolio managers' assessment of their true intrinsic value and are also expected to offer significant long-term growth potential.

What is the expense ratio of NBREX?

Neuberger Berman Mid Cap Instrinsic Value Fd Trust (NBREX) charges an expense ratio of 1.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NBREX?

Neuberger Berman Mid Cap Instrinsic Value Fd Trust (NBREX) manages $144.5M 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 NBREX actively managed or an index fund?

NBREX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NBREX's is 1.25%) because there's no security selection cost.

When was NBREX launched?

Neuberger Berman Mid Cap Instrinsic Value Fd Trust (NBREX) launched in June 1999 and is managed by Neuberger Berman.

How has NBREX performed?

NBREX'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.