Neuberger Berman Real Estate features a couple of experienced managers and a strategy that has successfully balanced growth with valuation concerns. The R6 and I shares earn Morningstar Analyst Ratings of Silver and Bronze, respectively, while the more expensive A, C, R3, and Trust share classes are rated Neutral.
Neuberger Berman Real Estate R3 NRERX
NAV / 1-Day Return
14.66
/
1.68
%
Total Assets
799.7 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.
1.470%
Expense Ratio
1.470%
Fee Level
Average
Longest Manager Tenure
15.15
years
Category
Real Estate
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.38%
Turnover
26%
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 NRERX 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 NRERX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NRERX 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 NRERX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A flexible, balanced strategy has served this fund well.
