Neuberger Berman Genesis Fund (NBGNX)

Neuberger Berman Genesis Fund (NBGNX) is a mid-cap growth mutual fund. It invests mainly in U.S. companies’ stocks.

Neuberger Berman Genesis Fund (NBGNX)

The investment objective of Neuberger Berman Genesis Fund is to seek capital growth. The mutual fund invests primarily in common stocks of small-capitalization companies. The small cap companies typically have a total market value of no more than $2 billion at the time the fund first invests in them. It may continue to hold or add to a position in a stock after the company’s market value has grown beyond $2 billion. The fund seeks to reduce risk by diversifying among many companies and industries.

Fund Details

NBGNX fund details

• Fund Inception Date: 09/26/1998
• Ticker Symbol: NBGNX
• CUSIP: 641224100
• Beta (3yr): 0.95
• Rank in category (YTD): 35%
• Category: Mid-Cap Growth
• Distribution: 0.49%
• Capital Gains: 0%
• Expense Ratio: 1.03%
• Net Assets: $ 12.1 billion
• Number of Years Up: 19 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 15%

Updated on June 11, 2013

This Neuberger Berman fund managers are Judith M. Vale, Robert W. D’Alelio, Michael L. Bowyer and Brett S. Reiner. It has a dividend yield of 0.49%. It has $12.1 billion of total net assets. The expense ratio is 1.03% per year. The category’s average ratio is slightly higher at 1.35%.

More: Best Performing Mid Cap Growth Mutual Funds December 2012

Ranked with 4-stars and Silver rating by Morningstar, this mid-cap growth mutual fund has YTD return of 6.53% as of April 18, 2013. The fund’s benchmark is Russell 2000 Index. The best 1-year total return within 19 years of positive return was achieved in year 2000 with 32.51%. The 3-year beta risk is 0.95.

Mid Cap Growth

This fund can be purchased from 92 brokerages with initial investment of $1,000 for either brokerage or retirement account. A minimum of $100 subsequent investment is needed. The fund is available in the following classes:

• Institutional Class: NBGIX
• Investor Class: NBGNX
• Trust Class: NBGEX
• Advisor Class: NBGAX

The top 10 stock holdings out of 150 total holdings are Church & Dwight (2.8%), Compass Minerals International (2.2%), Aptar Group Inc (2.1%), Wabtec Corp (2.0%), Solera Holdings (1.9%), Clarcor Inc (1.9%), Haemonetics Corp (1.7%), Oceaneering International (1.7%), Polaris Industries (1.7%) and IDEXX Laboratories (1.6%). The top sector weightings are Industrials (20.33%), Health Care (12.65%) and Information Technology (12.64%).

The following principal investment risks can significantly affect the fund’s performance. The risks are market volatility risk, issuer-specific risk, small-and mid-cap stock risk, value stock risk, sector risk, etc.

Disclosure: No Position