Although the new lead manager has held his role for less than a year, his familiarity with Neuberger Berman International Equity’s approach and his expressed and now demonstrated intent to maintain that course merit an upgrade of its Morningstar Analyst Rating to Silver from Bronze for its institutional shares, R6 shares, and separately managed account. The costlier shares are upgraded to Bronze from Neutral. These changes stem largely from an upgrade to the People rating to Above Average from Average. (All of these ratings restore the same levels that were in place before longtime lead manager Benjamin Segal announced his intention to leave the fund and firm about a year ago.)
- NAV / 1-Day Return 12.03 / 0.25 %
- Total Assets 1.1 Bil
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Adj. Expense Ratio
- Expense Ratio 0.870%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Foreign Large Growth
- Investment Style Large Blend
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 0.97%
- Turnover 49%
Morningstar’s Analysis NBIIX
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