Neuberger Berman Real Estate Fund (NBRFX)
The investment seeks total return through investment in real estate securities, emphasizing both capital appreciation and current income. The fund normally invests at least 80% of its net assets in equity securities issued by real estate investment trusts ("REITs") and common stocks and other securities issued by other real estate companies. The manager defines a real estate company as one that derives at least 50% of its revenue from, or has at least 50% of its assets in, real estate. The fund may invest up to 20% of its net assets in debt securities of real estate companies. It is non-diversified.
Fund Info
US6412248451
641224845
May 1, 2002
$1,000
Expense Ratio
NBRFX has a high expense ratio of 1.39%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Neuberger Berman Real Estate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Neuberger Berman Real Estate Fund had a return of 2.37% year-to-date (YTD) and 13.71% in the last 12 months. Over the past 10 years, Neuberger Berman Real Estate Fund had an annualized return of 1.30%, while the S&P 500 had an annualized return of 11.29%, indicating that Neuberger Berman Real Estate Fund did not perform as well as the benchmark.
NBRFX
2.37%
2.22%
0.96%
13.71%
-0.24%
1.30%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NBRFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.93% | 2.37% | |||||||||||
| 2024 | -5.54% | 1.17% | 1.32% | -7.90% | 5.41% | 2.61% | 7.20% | 6.43% | 3.59% | -3.23% | 3.06% | -7.65% | 5.01% |
| 2023 | 9.59% | -5.59% | -1.15% | 0.71% | -4.96% | 5.11% | 1.19% | -3.29% | -6.50% | -3.05% | 11.88% | 9.38% | 11.70% |
| 2022 | -8.10% | -4.78% | 6.94% | -3.42% | -5.17% | -7.02% | 8.33% | -5.56% | -12.78% | 1.64% | 6.08% | -14.02% | -34.06% |
| 2021 | -0.07% | 2.49% | 5.73% | 8.10% | 1.10% | 2.67% | 4.36% | 2.20% | -6.08% | 7.44% | -1.21% | 6.75% | 37.91% |
| 2020 | 1.92% | -5.92% | -14.05% | 7.62% | 1.87% | 1.33% | 4.62% | -0.43% | -2.77% | -3.08% | 7.36% | 2.02% | -1.58% |
| 2019 | 10.36% | 1.16% | 4.97% | 0.22% | 1.98% | 1.21% | 1.71% | 6.18% | 0.98% | 0.79% | -1.24% | -3.16% | 27.44% |
| 2018 | -1.98% | -6.91% | 3.47% | -0.00% | 1.78% | 3.82% | 0.31% | 2.38% | -2.26% | -2.47% | 4.43% | -11.27% | -9.49% |
| 2017 | 0.40% | 4.52% | -1.58% | 0.16% | 0.93% | 1.58% | 1.22% | 1.43% | -1.27% | 0.90% | 2.76% | -3.99% | 7.01% |
| 2016 | -3.68% | -1.05% | 10.11% | -2.69% | 2.06% | 6.24% | 3.09% | -3.45% | -1.42% | -4.86% | -2.84% | -7.69% | -7.29% |
| 2015 | 5.24% | -2.07% | 0.56% | -5.08% | -0.49% | -4.26% | 5.21% | -5.23% | 2.22% | 6.37% | -0.27% | -4.92% | -3.64% |
| 2014 | 2.14% | 4.03% | 0.83% | 2.75% | 2.89% | 0.86% | -0.42% | 3.30% | -5.49% | 8.39% | 2.20% | -3.27% | 19.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NBRFX is 40, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Neuberger Berman Real Estate Fund (NBRFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Neuberger Berman Real Estate Fund provided a 1.89% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.27 | $0.29 | $0.25 | $0.23 | $0.25 | $0.29 | $0.24 | $0.28 | $0.33 | $0.33 | $0.32 |
Dividend yield | 1.89% | 1.94% | 2.11% | 2.05% | 1.22% | 1.79% | 1.97% | 2.06% | 2.14% | 2.62% | 2.35% | 2.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Neuberger Berman Real Estate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.23 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.25 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.33 |
| 2015 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.33 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Neuberger Berman Real Estate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Neuberger Berman Real Estate Fund was 68.51%, occurring on Mar 6, 2009. Recovery took 538 trading sessions.
The current Neuberger Berman Real Estate Fund drawdown is 20.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.51% | Feb 8, 2007 | 521 | Mar 6, 2009 | 538 | Apr 25, 2011 | 1059 |
| -41.55% | Jan 3, 2022 | 456 | Oct 25, 2023 | — | — | — |
| -37.56% | Feb 24, 2020 | 21 | Mar 23, 2020 | 261 | Apr 6, 2021 | 282 |
| -24.74% | Aug 2, 2016 | 604 | Dec 24, 2018 | 157 | Aug 9, 2019 | 761 |
| -22.77% | Jul 25, 2011 | 50 | Oct 3, 2011 | 83 | Feb 1, 2012 | 133 |
Volatility
Volatility Chart
The current Neuberger Berman Real Estate Fund volatility is 4.41%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.