Despite a recent stretch of poor performance, Neuberger Berman Sustainable Equity remains a solid option among sustainable core funds, thanks mainly to the people behind it. The investor, institutional, and R6 shares maintain a Morningstar Analyst Rating of Bronze, while the more expensive shares earn only a Neutral rating.
Neuberger Berman Sustainable Eq R3 NRARX
NAV / 1-Day Return
43.62
/
0.18
%
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.
1.300%
Expense Ratio
1.300%
Fee Level
Above Average
Longest Manager Tenure
17.19
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.15%
Turnover
21%
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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 NRARX 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 NRARX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NRARX 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 NRARX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A solid ESG fund run by an experienced team.
