Neuberger Berman Long Short Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.8%
1 yr return
10.3%
3 Yr Avg Return
3.2%
5 Yr Avg Return
6.5%
Net Assets
$6.67 B
Holdings in Top 10
34.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.42%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NLSCX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 6.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNeuberger Berman Long Short Fund
-
Fund Family NameNeuberger Berman
-
Inception DateDec 29, 2011
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Kantor
NLSCX - Performance
Return Ranking - Trailing
Period | NLSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | -13.0% | 30.3% | 89.54% |
1 Yr | 10.3% | -11.7% | 42.8% | 79.08% |
3 Yr | 3.2%* | -11.9% | 25.5% | 60.74% |
5 Yr | 6.5%* | -2.9% | 24.1% | 58.40% |
10 Yr | 4.6%* | -4.1% | 9.9% | 54.17% |
* Annualized
Return Ranking - Calendar
Period | NLSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -17.3% | 43.8% | 20.92% |
2022 | -13.3% | -54.0% | 17.4% | 67.39% |
2021 | 6.5% | -40.0% | 54.1% | 53.79% |
2020 | 11.5% | -47.6% | 88.4% | 26.98% |
2019 | 13.1% | -20.3% | 62.6% | 30.25% |
Total Return Ranking - Trailing
Period | NLSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | -13.0% | 30.3% | 89.54% |
1 Yr | 10.3% | -11.7% | 42.8% | 79.08% |
3 Yr | 3.2%* | -11.9% | 25.5% | 60.74% |
5 Yr | 6.5%* | -2.9% | 24.1% | 58.40% |
10 Yr | 4.6%* | -4.1% | 9.9% | 54.17% |
* Annualized
Total Return Ranking - Calendar
Period | NLSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.8% | -14.5% | 43.8% | 35.29% |
2022 | -7.9% | -54.0% | 50.3% | 54.35% |
2021 | 7.8% | -40.0% | 61.6% | 62.88% |
2020 | 14.0% | -29.9% | 91.0% | 27.78% |
2019 | 15.8% | -17.9% | 79.4% | 31.09% |
NAV & Total Return History
NLSCX - Holdings
Concentration Analysis
NLSCX | Category Low | Category High | NLSCX % Rank | |
---|---|---|---|---|
Net Assets | 6.67 B | 1.08 M | 6.67 B | 0.65% |
Number of Holdings | 175 | 3 | 2209 | 35.29% |
Net Assets in Top 10 | 2.41 B | 625 K | 2.41 B | 0.65% |
Weighting of Top 10 | 34.41% | 2.1% | 101.8% | 71.24% |
Top 10 Holdings
- State Street Institutional US Government Money Market Fund 7.95%
- Microsoft Corp 4.40%
- Amazon.com Inc 3.94%
- Apple Inc 3.32%
- Alphabet Inc 2.82%
- Meta Platforms Inc 2.72%
- JPMorgan Chase Co 2.39%
- NVIDIA Corp 2.36%
- Salesforce Inc 2.28%
- FANATICS HOLDINGS INC CLASS A 2.24%
Asset Allocation
Weighting | Return Low | Return High | NLSCX % Rank | |
---|---|---|---|---|
Stocks | 73.03% | 0.00% | 100.92% | 43.14% |
Cash | 24.09% | 0.00% | 99.60% | 45.10% |
Preferred Stocks | 0.70% | -1.01% | 6.36% | 6.54% |
Bonds | 0.66% | 0.00% | 90.68% | 30.72% |
Convertible Bonds | -0.02% | -0.02% | 4.48% | 98.62% |
Other | -0.12% | -48.19% | 99.35% | 80.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NLSCX % Rank | |
---|---|---|---|---|
Technology | 26.83% | 0.00% | 43.24% | 8.87% |
Consumer Cyclical | 16.67% | 0.00% | 88.83% | 7.26% |
Financial Services | 13.96% | 0.00% | 83.83% | 48.39% |
Industrials | 9.12% | 0.00% | 31.93% | 58.06% |
Communication Services | 6.94% | 0.00% | 32.32% | 52.42% |
Healthcare | 6.56% | 0.00% | 100.00% | 86.29% |
Consumer Defense | 6.03% | 0.00% | 19.75% | 51.61% |
Utilities | 5.30% | 0.00% | 21.71% | 9.68% |
Energy | 4.74% | 0.00% | 32.57% | 42.74% |
Basic Materials | 2.94% | 0.00% | 28.58% | 52.42% |
Real Estate | 0.91% | 0.00% | 10.93% | 50.81% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NLSCX % Rank | |
---|---|---|---|---|
US | 72.50% | 0.00% | 100.92% | 37.25% |
Non US | 0.53% | -3.42% | 69.12% | 22.22% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NLSCX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 7.95% | -0.01% | 86.52% | 37.25% |
Corporate | 7.17% | 0.00% | 79.13% | 9.72% |
Securitized | 0.00% | 0.00% | 13.59% | 22.92% |
Municipal | 0.00% | 0.00% | 0.07% | 21.53% |
Government | 0.00% | 0.00% | 58.54% | 41.67% |
Derivative | -0.12% | -48.19% | 99.35% | 80.39% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NLSCX % Rank | |
---|---|---|---|---|
US | 0.66% | 0.00% | 85.75% | 30.72% |
Non US | 0.00% | 0.00% | 12.72% | 17.65% |
NLSCX - Expenses
Operational Fees
NLSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.42% | 0.42% | 8.51% | 35.95% |
Management Fee | 1.34% | 0.00% | 2.50% | 66.01% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 84.15% |
Administrative Fee | 0.26% | 0.03% | 1.54% | 85.71% |
Sales Fees
NLSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 4.00% | 25.00% |
Trading Fees
NLSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NLSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 0.00% | 446.00% | 37.82% |
NLSCX - Distributions
Dividend Yield Analysis
NLSCX | Category Low | Category High | NLSCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.03% | 0.00% | 27.22% | 75.66% |
Dividend Distribution Analysis
NLSCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
NLSCX | Category Low | Category High | NLSCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.20% | -3.33% | 2.16% | 66.23% |
Capital Gain Distribution Analysis
NLSCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.005 | OrdinaryDividend |
Dec 21, 2023 | $0.063 | CapitalGainShortTerm |
Dec 21, 2022 | $0.936 | OrdinaryDividend |
Dec 21, 2021 | $0.203 | CapitalGainLongTerm |
Dec 18, 2020 | $0.358 | CapitalGainLongTerm |
Dec 20, 2019 | $0.353 | CapitalGainLongTerm |
Dec 21, 2018 | $0.761 | CapitalGainLongTerm |
Dec 19, 2014 | $0.050 | CapitalGainLongTerm |
Dec 20, 2013 | $0.057 | CapitalGainShortTerm |
Dec 20, 2012 | $0.007 | OrdinaryDividend |
Dec 20, 2012 | $0.065 | CapitalGainShortTerm |
NLSCX - Fund Manager Analysis
Managers
Charles Kantor
Start Date
Tenure
Tenure Rank
Dec 29, 2011
10.43
10.4%
Charles C. Kantor, is a Managing Director of Neuberger Berman and Senior Portfolio Manager for the Neuberger Berman Long Short Strategy. He joined the firm in 2000. Prior to joining the firm, Charles was a managing director of Stern Stewart’s Financial Institutions division. There he assisted clients with implementing EVA-based financial management systems. Charles is co-author of “EVA for Banks: Value Creation, Risk Management, and Profitability Measurement,” Journal of Applied Corporate Finance, Spring 1996, and a participant in “Roundtable on Corporate Disclosure,” Journal of Applied Corporate Finance, Fall 2004. In addition, Charles is a regular commentator on CNBC, as well as a contributor to Barron’s. He earned a Bachelor of Commerce in Accounting and Economics from the University of Cape Town, South Africa and an MBA (with honors) from Harvard University Graduate School of Business.
Marc Regenbaum
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
Marc Regenbaum is a Managing Director of NBIA. Mr. Regenbaum joined the Neuberger Berman Investment Advisers LLC in 2007 and has been an Associate Portfolio Manager of the Portfolio since May 2017. Prior to being named Associate Portfolio Manager, Mr. Regenbaum was a Senior Research Analyst for the Long Short and U.S. Equity Team.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.55 | 6.04 | 7.93 |