A major change is in the works for Neuberger Berman International Equity, which results in a downgrade of its Morningstar Analyst Rating to Bronze from Silver for its institutional and R6 shares; and to Neutral from Bronze for its costlier shares.
Neuberger Berman International Eq Instl NBIIX
NAV / 1-Day Return
14.93
/
0.47
%
Total Assets
1.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.860%
Expense Ratio
0.860%
Fee Level
Average
Longest Manager Tenure
15.71
years
Category
Foreign Large Growth
Investment Style
Large GrowthMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.77%
Turnover
45%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will NBIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NBIIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NBIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of NBIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This fund will have a new lead manager in mid-2021.
