Neuberger Berman Real Estate Fund Institutional Class

 (MUTF:NBRIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.59%  
1 week
   
-0.83%  
4 week   +0.61%
   
3 month   +1.76%
   
YTD   +3.00%
   
1 year   +21.58%
   
3 years*   +11.52%
   
5 years*   +13.85%
   
*annualized
Best 3 month return+41.87%  
Worst 3 month return-41.44%  

Morningstar statistics

Morningstar category: Real Estate
  Return Risk Rating
3 years Below Average Below Average
5 years Average Below Average
10 years High Below Average
Overall Average Below Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.09B 
Front load-  
Deferred load-  
Expense ratio0.85%  
Management fee-  
Fund familyNeuberger Berman 

Asset allocation

Cash1.07%  
Stocks98.94%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$1,000,000  
IRA Initial$1,000,000  
AIP Initial$1,000,000  
AIP Additional$100  
15.16+0.05(0.33%)
Mar 27, 4:00PM EDT Overall Morningstar RatingTM

Description

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.
Fund filings (PDF) »
Asset managers:
Steve Shigekawa (Started: Dec 31, 2005)
Brian Jones (Started: Oct 24, 2008)
Advisor Company:
Neuberger Berman Management LLC
Fund family reports on Morningstar »
Neuberger Berman, 605 Third Avenue, New York, USA
212-476-9192 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 17.66 7.37 7.77 4.89
Beta* 0.21 0.48 0.77 1.07
Mean annual return 1.61 1.08 1.37 1.08
R-squared* 1.93 17.37 50.46 52.14
Standard deviation 12.18 11.95 15.84 24.51
Sharpe ratio 1.58 1.07 1.04 0.47
* Against standard index

Top 10 holdings

Security Net Assets  
Simon Property Group Inc (SPG) 9.28%  
Equity Residential (EQR) 5.38%  
Boston Properties Inc (BXP) 5.16%  
American Tower Corp (AMT) 4.67%  
AvalonBay Communities Inc (AVB) 4.59%  
Ventas Inc (VTR) 4.47%  
Prologis Inc (PLD) 3.72%  
Public Storage (PSA) 3.62%  
SL Green Realty Corp (SLG) 2.96%  
Weyerhaeuser Co (WY) 2.73%