Neuberger Berman Real Estate Fund Class A (NREAX)

15.74
Net Asset Value
-0.19%
1 Day
+7.07%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
5.75
Sales Expenses
1.43%
Expense Ratio
Below Average
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 its net assets in equity securities issued by real estate investment trusts ("REITs") and common stocks and other securities issued by other real estate companies. The managers define a real estate company as one that derives at least 50% of its revenue from, or has at least 50% of its assets in, real estate. The fund may invest up to 20% of its 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+5.64% 3 years+14.48%
3 months+12.47% 5 years--
1 year+29.17% Since inception+13.06%
Data through --

Peer Comparisonvs. Real estate

 NREAXCategory
Performance 5-yr return--+16.16%
Expense ratio1.43%1.31%
Risk 5 year sharpe ratio0.971.00
Net assets$1.1B$1.3B
Average market cap$13.3B$12.2B
Average P/E34.038.2
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyNeuberger Berman
Fund manager & tenureSteve Shigekawa / 9 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock97.50%
International stock1.75%
Cash0.74%
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 Inc9.52%
AMT American Tower Corp6.48%
EQR Equity Residential5.19%
BXP Boston Properties Inc5.01%
AVB AvalonBay Communities Inc4.51%
VTR Ventas Inc4.24%
PSA Public Storage3.58%
PLD Prologis Inc3.49%
HST Host Hotels & Resorts Inc2.91%
CCI Crown Castle International Corp2.89%

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