Morningstar

Neuberger Real Estate Fund Trust Class NBRFX

Morningstar Medalist Rating
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Medalist Rating as of See Neuberger Investment Hub
  • NAV / 1-Day Return $14.52  /  +0.62 %
  • Fund Size $518.2M
  • Adjusted Expense Ratio 1.400%
  • Net Expense Ratio 1.040%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Real Estate
  • Equity Style Box (Funds) Mid Blend
  • Minimum Initial Investment $1,000
  • Investment Status Limited
  • TTM Yield 1.80%
  • Turnover Ratio 57%
NAV and 1-Day Return as of

Morningstar’s Analysis NBRFX

Will NBRFX outperform in the 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 NBRFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NBRFX 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 NBRFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Shifting trends in the real estate industry demand more hands-on deck.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

A lean but experienced trio of portfolio managers shepherds Neuberger Berman Real Estate. Recent changes in the real estate industry have demanded a more hands-on approach, and the team has struggled to keep up with peers. This warrants an Average People rating, down from Above Average.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings NBRFX

More NBRFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Welltower Inc

12.78 65M
Real Estate

Prologis Inc

9.25 47M
Real Estate

Equinix Inc

8.14 41M
Real Estate

American Tower Corp

6.46 33M
Real Estate

Simon Property Group Inc

5.24 27M
Real Estate

Digital Realty Trust Inc

4.64 24M
Real Estate

Vivmark Residential

4.02 20M
Real Estate

EastGroup Properties Inc

3.00 15M
Real Estate

Extra Space Storage Inc

2.82 14M
Real Estate

SBA Communications Corp Class A

2.68 14M
Real Estate

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