# Neuberger Berman Mid Cap Instrinsic Value Fd Trust (NBREX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nbrex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Neuberger Berman · Asset class: Equity - Strategy: Passive Index · Inception: 1999-06-10 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... ## Key Facts | Metric | Value | |---|---| | Price | $29.70 | | Expense Ratio | 1.25% | | Assets Under Management | $144.5M | | NAV | $29.70 | | Holdings Count | — | | Distribution Yield (TTM) | 9.74% | | Annual Distribution (TTM) | $2.89 /share | | Distribution Frequency | Annual | | 52-Week Range | $25.51 – $31.30 | | Beta | 0.97 | ## Latest Distribution - Amount: $2.8927 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-16 ## Frequently Asked Questions ### 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. ### Does NBREX pay a dividend? Neuberger Berman Mid Cap Instrinsic Value Fd Trust (NBREX) currently distributes little or no income. Trailing-twelve-month yield is 9.74%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NBREX pay dividends? Neuberger Berman Mid Cap Instrinsic Value Fd Trust pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NBREX's dividend yield? NBREX's trailing-twelve-month yield is 9.74%, calculated from the sum of dividends over the past year divided by the current price. ### When is NBREX's next ex-dividend date? The most recently announced ex-dividend date for NBREX was 2025-12-15. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NBREX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NBREX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NBREX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NBREX cost more than a fund like VOO? NBREX is a passive index fund (current expense ratio 1.25%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to NBREX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NBREX (1.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nbrex - Distribution history: https://www.dividenddata.com/funds/nbrex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nbrex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nbrex/expenses - Peer comparison: https://www.dividenddata.com/funds/nbrex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.