Neuberger Berman Global Real Estate Fund (NGRIX)
The investment seeks total return. The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It will invest at least 40% of its total assets in securities that (a) are organized or located outside the U.S., (b) trade primarily in a market located outside the U.S., or (c) derive at least 50% of their revenue or profits from business outside the U.S. or have at least 50% of their assets outside the U.S.
Fund Info
| ISIN | US64122Q4249 |
|---|---|
| CUSIP | 64122Q424 |
| Issuer | Neuberger Berman |
| Inception Date | Dec 29, 2014 |
| Category | REIT |
| Min. Investment | $1,000,000 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
NGRIX has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NGRIX vs. CGR.TO, NGRIX vs. REET, NGRIX vs. SCHD, NGRIX vs. QDTE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Neuberger Berman Global 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.45% |
| 1 month | N/A | 2.91% |
| 6 months | N/A | 14.05% |
| 1 year | N/A | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of NGRIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 8.35% | -4.95% | -1.45% | 1.74% | -5.23% | 2.11% | 2.52% | -3.79% | -6.43% | 149.33% | |||
| 2022 | -6.96% | -3.31% | 4.77% | -3.91% | -3.58% | -7.51% | 7.63% | -6.49% | -13.18% | 1.80% | 8.12% | -2.14% | -23.99% |
| 2021 | -1.05% | 1.94% | 4.36% | 6.10% | 1.65% | 1.40% | 3.68% | 2.44% | -5.65% | 5.77% | -2.18% | 7.43% | 28.24% |
| 2020 | 1.42% | -6.92% | -15.85% | 7.42% | 0.59% | 1.96% | 4.45% | 1.57% | -2.81% | -2.83% | 7.86% | 2.79% | -2.78% |
| 2019 | 10.69% | -0.09% | 4.42% | -1.32% | 0.89% | 1.87% | 0.43% | 3.47% | 1.05% | 1.83% | -0.08% | 1.18% | 26.61% |
| 2018 | 1.21% | -6.71% | 2.68% | 1.35% | 0.48% | 1.66% | 0.75% | 1.03% | -1.60% | -3.76% | 4.01% | -4.93% | -4.34% |
| 2017 | 1.34% | 3.36% | -1.10% | 1.10% | 1.88% | 0.55% | 2.24% | 1.24% | -0.98% | 0.29% | 2.66% | 0.80% | 14.12% |
| 2016 | -4.00% | -0.43% | 9.69% | -0.98% | 0.50% | 3.78% | 4.41% | -2.48% | -0.66% | -5.24% | -3.02% | 2.62% | 3.28% |
| 2015 | 4.37% | 0.49% | -0.29% | -1.37% | -1.19% | -3.99% | 3.67% | -5.67% | 1.23% | 5.86% | -2.11% | 0.73% | 1.12% |
| 2014 | -1.70% | -1.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Neuberger Berman Global Real Estate Fund (NGRIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
| Period | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.87 | $2.61 | $0.46 | $1.54 | $1.03 | $0.78 | $1.04 | $0.47 |
Dividend yield | 7.08% | 7.01% | 1.49% | 4.73% | 3.82% | 2.67% | 3.92% | 1.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Neuberger Berman Global 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.15 | $0.00 | $0.59 | ||
| 2022 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $1.29 | $1.87 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $2.11 | $2.61 |
| 2020 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2019 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $1.05 | $1.54 |
| 2018 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.56 | $1.03 |
| 2017 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.37 | $0.78 |
| 2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.56 | $1.04 |
| 2015 | $0.04 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.17 | $0.47 |
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 Global 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 Global Real Estate Fund was 37.65%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.65% | Feb 18, 2020 | 25 | Mar 23, 2020 | 268 | Apr 15, 2021 | 293 |
| -32.95% | Jan 3, 2022 | 198 | Oct 14, 2022 | 246 | Oct 9, 2023 | 444 |
| -14.71% | Feb 6, 2015 | 256 | Feb 11, 2016 | 60 | May 9, 2016 | 316 |
| -12.36% | Aug 2, 2016 | 77 | Nov 17, 2016 | 172 | Jul 27, 2017 | 249 |
| -9.14% | Jan 29, 2018 | 9 | Feb 8, 2018 | 133 | Aug 20, 2018 | 142 |
Volatility
Volatility Chart
The current Neuberger Berman Global Real Estate Fund volatility is 101.67%, 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.