- ISIN
- US6412245069
- CUSIP
- 641224506
- Issuer
- Neuberger Berman
- Inception Date
- Oct 18, 1955
- Category
- Global Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
NBSSX Performance Chart
Neuberger Berman Focus Fund (NBSSX) is up 9.4% since the beginning of the year. NBSSX is currently trading at $37 per share. Investors who bought $1,000 worth of NBSSX shares 5 years ago would now be looking at an investment worth $1,493.
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Returns By Period
Neuberger Berman Focus Fund (NBSSX) has returned 9.42% so far this year and 23.18% over the past 12 months. Over the last ten years, NBSSX has returned 11.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Neuberger Berman Focus Fund
- 1D
- 1.10%
- 1M
- 4.68%
- YTD
- 9.42%
- 6M
- 9.22%
- 1Y
- 23.18%
- 3Y*
- 19.89%
- 5Y*
- 8.34%
- 10Y*
- 11.68%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NBSSX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, NBSSX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2002 with a return of +18.3%, while the worst month was Aug 1998 at -25.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, NBSSX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.2%, while the worst single day was Sep 30, 1987 at -15.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.18% | -1.10% | -7.55% | 10.08% | 5.79% | 2.57% | 9.42% | ||||||
| 2025 | 5.56% | -0.47% | -7.55% | 0.95% | 7.15% | 8.27% | 1.79% | -0.03% | 2.53% | 3.19% | -1.61% | 0.72% | 21.36% |
| 2024 | 3.08% | 5.04% | 2.47% | -4.39% | 4.75% | 2.98% | -0.21% | 3.53% | 2.13% | -1.06% | 4.38% | -2.45% | 21.64% |
| 2023 | 8.30% | -1.54% | 3.82% | 1.86% | -1.39% | 5.04% | 1.39% | -2.32% | -4.80% | -1.56% | 9.75% | 4.00% | 23.73% |
| 2022 | -12.00% | -4.38% | 0.88% | -10.43% | -1.98% | -9.04% | 8.56% | -3.96% | -9.20% | 5.90% | 5.57% | -4.86% | -31.74% |
| 2021 | -2.42% | 4.37% | 0.89% | 6.12% | 1.11% | 3.51% | 2.39% | 3.45% | -6.14% | 6.93% | -1.99% | 0.81% | 19.85% |
Benchmark Metrics
Neuberger Berman Focus Fund has an annualized alpha of -0.86%, beta of 1.02, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 02, 1980.
- This fund participated in 115.92% of S&P 500 Index downside but only 110.55% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.02 and R2 of 0.78, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.86%
- Beta
- 1.02
- R²
- 0.78
- Upside Capture
- 110.55%
- Downside Capture
- 115.92%
Expense Ratio
NBSSX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NBSSX ranks 32 for risk / return — below 32% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Neuberger Berman Focus Fund (NBSSX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NBSSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 2.78 | -0.98 |
| Martin ratioReturn relative to average drawdown | 7.05 | 12.44 | -5.39 |
Dividends
Dividend History
Neuberger Berman Focus Fund provided a 8.94% dividend yield over the last twelve months, with an annual payout of $3.28 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.28 | $3.28 | $0.06 | $0.15 | $0.01 | $5.77 | $1.60 | $3.23 | $2.02 | $2.21 | $2.31 | $1.28 |
Dividend yield | 8.94% | 9.78% | 0.19% | 0.59% | 0.05% | 19.35% | 5.37% | 12.78% | 9.08% | 8.32% | 9.59% | 5.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Neuberger Berman Focus 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.28 | $3.28 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.77 | $5.77 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Neuberger Berman Focus 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 Focus Fund was 61.56%, occurring on Oct 9, 2002. Recovery took 894 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -61.56%Oct 2002 | 1y 8mo | 3y 6mo | 5y 2moJan 2001 - Apr 2006 |
Financial crisis2007–2009 | -55.38%Mar 2009 | 1y 7mo | 3y 10mo | 5y 6moJul 2007 - Jan 2013 |
1998 bear market1998 | -42.92%Oct 1998 | 2mo 23d | 3mo 1d | 5mo 24dJul 1998 - Jan 1999 |
1982 bear market1982 | -42.58%Aug 1982 | 1y 8mo | 8y 6mo | 10y 2moDec 1980 - Feb 1991 |
Bear market2022 | -40.77%Oct 2022 | 10mo 29d | 2y 1mo | 3y 15dNov 2021 - Dec 2024 |
Drawdown Indicators
| NBSSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.56% | -56.78% | -4.78% |
Max Drawdown (1Y)Largest decline over 1 year | -12.61% | -9.10% | -3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -20.39% | -18.90% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -40.77% | -25.43% | -15.34% |
Max Drawdown (10Y)Largest decline over 10 years | -40.77% | -33.92% | -6.85% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -10.71% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.03% | +1.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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