Despite a rough 2020, Neuberger Berman Multi-Cap Opportunities retains its long-term appeal thanks to its veteran manager and solid process based on cash flow analysis. The cheap Institutional shares earn a Morningstar Analyst Rating of Silver, while the A shares maintain their Bronze rating and the pricier C shares earn a Neutral rating.
Neuberger Berman Multi-Cap Opp Inst NMULX
NAV / 1-Day Return
15.58
/
0.64
%
Total Assets
536.2 Mil
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.
0.760%
Expense Ratio
0.760%
Fee Level
Above Average
Longest Manager Tenure
11.21
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.24%
Turnover
27%
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 NMULX 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 NMULX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NMULX 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 NMULX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This fund remains a solid core stock fund despite performing poorly in the recent bear market.
