Neuberger Berman Real Estate Fund Class A (NREAX)

14.43
Net Asset Value
-0.62%
1 Day
+14.34%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
5.75
Sales Expenses
1.47%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks total return through investment in real estate securities, emphasizing both capital appreciation and current income. The fund normally invests at least 80% of net assets in equity securities issued by real estate investment trusts ("REITs") and common stocks and other securities issued by other real estate companies. It defines a real estate company as one that derives at least 50% of revenue from, or has at least 50% of assets in, real estate. The fund may invest up to 20% of net assets in debt securities. It may also invest up to 15% of its net assets in illiquid securities. The fund is non-diversified.

Performance

1 month+0.91% 3 years+9.40%
3 months+5.13% 5 years--
1 year+11.17% Since inception+12.55%
Data through --

Peer Comparisonvs. Real estate

 NREAXCategory
Performance 5-yr return--+22.56%
Expense ratio1.47%1.32%
Risk 5 year sharpe ratio1.241.25
Net assets$1.0B$1.2B
Average market cap$11.8B$12.3B
Average P/E38.635.0
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyNeuberger Berman
Fund manager & tenureSteve Shigekawa / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock96.62%
International stock2.14%
Cash1.25%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 93.46%
Consumer service 4.55%
Industrial materials 1.99%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
SPG Simon Property Group Inc10.09%
AMT American Tower Corp6.48%
BXP Boston Properties Inc4.99%
EQR Equity Residential4.85%
AVB AvalonBay Communities Inc4.53%
VTR Ventas Inc4.24%
PSA Public Storage3.61%
VNO Vornado Realty Trust3.57%
WY Weyerhaeuser Co3.45%
PLD Prologis Inc3.37%

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