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Neuberger Berman Real Estate Fund Class A (NREAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Real estate
Style or Category
Sales Expenses
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.


1 month+9.34% 3 years+8.55%
3 months+3.42% 5 years+10.20%
1 year+9.19% Since inception+10.13%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+10.20%+11.19%
Expense ratio1.43%1.29%
Risk 5 year sharpe ratio0.710.78
Net assets$793.6M$1.2B
Average market cap$16.0B$11.5B
Average P/E35.728.5
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


U.S. stock97.30%
International stock1.90%
Fixed income0.00%
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 Inc8.99%
AMT American Tower6.27%
EQR Equity Residential5.87%
PSA Public Storage5.17%
AVB AvalonBay Communities5.04%
BXP Boston Properties4.73%
VTR Ventas Inc4.14%
ESS Essex Property Trust Inc3.68%
CCI Crown Castle International Corp3.47%
PLD Prologis Inc3.04%

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