Neuberger Quality Equity Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.6%
1 yr return
28.1%
3 Yr Avg Return
24.0%
5 Yr Avg Return
13.5%
Net Assets
$3.39 B
Holdings in Top 10
54.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NRAAX - Profile
Distributions
- YTD Total Return 11.6%
- 3 Yr Annualized Total Return 24.0%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.21%
- Dividend Yield 4.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNeuberger Quality Equity Fund
-
Fund Family NameNeuberger Berman
-
Inception DateJun 01, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Hanson
NRAAX - Performance
Return Ranking - Trailing
| Period | NRAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -13.2% | 43.7% | 23.85% |
| 1 Yr | 28.1% | -15.7% | 101.9% | 37.23% |
| 3 Yr | 24.0%* | 1.1% | 41.0% | 10.56% |
| 5 Yr | 13.5%* | -3.9% | 19.6% | 27.85% |
| 10 Yr | 14.2%* | 5.8% | 55.9% | 47.72% |
* Annualized
Return Ranking - Calendar
| Period | NRAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 14.4% | -25.2% | 36.9% | 20.12% |
| 2024 | 21.0% | -51.6% | 37.0% | 22.16% |
| 2023 | 15.3% | -15.6% | 47.4% | 67.02% |
| 2022 | -26.1% | -56.3% | 1.1% | 82.53% |
| 2021 | 11.5% | -27.2% | 537.8% | 72.29% |
Total Return Ranking - Trailing
| Period | NRAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -13.2% | 43.7% | 23.85% |
| 1 Yr | 28.1% | -15.7% | 101.9% | 37.23% |
| 3 Yr | 24.0%* | 1.1% | 41.0% | 10.56% |
| 5 Yr | 13.5%* | -3.9% | 19.6% | 27.85% |
| 10 Yr | 14.2%* | 5.8% | 55.9% | 47.72% |
* Annualized
Total Return Ranking - Calendar
| Period | NRAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 17.2% | -3.4% | 43.4% | 39.63% |
| 2024 | 27.9% | -20.1% | 44.5% | 4.96% |
| 2023 | 26.5% | 0.3% | 47.4% | 21.60% |
| 2022 | -18.8% | -31.9% | 11.0% | 62.19% |
| 2021 | 23.2% | 4.1% | 537.8% | 85.32% |
NAV & Total Return History
NRAAX - Holdings
Concentration Analysis
| NRAAX | Category Low | Category High | NRAAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.39 B | 3.76 M | 2.2 T | 41.84% |
| Number of Holdings | 44 | 2 | 3885 | 87.68% |
| Net Assets in Top 10 | 1.37 B | 3.24 M | 639 B | 39.45% |
| Weighting of Top 10 | 53.96% | 2.5% | 102.7% | 6.95% |
Top 10 Holdings
- Alphabet Inc 10.37%
- Amazon.com Inc 8.41%
- Microsoft Corp 6.14%
- Taiwan Semiconductor Manufacturing Co Ltd 5.07%
- Interactive Brokers Group Inc 4.74%
- SPACE EXPLORATION TECH SER E P 4.37%
- Applied Materials Inc 4.22%
- NVIDIA Corp 4.09%
- Berkshire Hathaway Inc 3.36%
- Berkshire Hathaway Inc 3.19%
Asset Allocation
| Weighting | Return Low | Return High | NRAAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.71% | 0.00% | 105.13% | 58.60% |
| Cash | 1.29% | 0.00% | 69.97% | 38.39% |
| Preferred Stocks | 0.00% | 0.00% | 5.74% | 14.45% |
| Other | 0.00% | -13.91% | 100.00% | 35.11% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 8.01% |
| Bonds | 0.00% | 0.00% | 136.21% | 12.77% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NRAAX % Rank | |
|---|---|---|---|---|
| Technology | 26.25% | 0.00% | 48.94% | 18.26% |
| Healthcare | 17.43% | 0.00% | 52.29% | 14.20% |
| Financial Services | 13.86% | 0.00% | 55.59% | 41.41% |
| Industrials | 11.51% | 0.00% | 29.90% | 20.89% |
| Communication Services | 10.63% | 0.00% | 27.94% | 13.83% |
| Consumer Cyclical | 9.00% | 0.00% | 30.33% | 74.50% |
| Consumer Defense | 4.75% | 0.00% | 47.71% | 86.71% |
| Utilities | 2.40% | 0.00% | 15.25% | 58.50% |
| Real Estate | 2.21% | 0.00% | 31.91% | 64.01% |
| Basic Materials | 1.95% | 0.00% | 19.45% | 77.12% |
| Energy | 0.00% | 0.00% | 41.64% | 86.80% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NRAAX % Rank | |
|---|---|---|---|---|
| US | 90.99% | 0.00% | 101.31% | 88.65% |
| Non US | 7.72% | 0.00% | 70.69% | 6.38% |
NRAAX - Expenses
Operational Fees
| NRAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.05% | 0.01% | 4.93% | 29.29% |
| Management Fee | 0.75% | 0.00% | 1.89% | 87.71% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 27.64% |
| Administrative Fee | 0.26% | 0.00% | 0.85% | 90.00% |
Sales Fees
| NRAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 1.00% | 5.75% | 3.13% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| NRAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| NRAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 16.00% | 0.00% | 268.00% | 34.85% |
NRAAX - Distributions
Dividend Yield Analysis
| NRAAX | Category Low | Category High | NRAAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.62% | 0.00% | 25.47% | 6.21% |
Dividend Distribution Analysis
| NRAAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| NRAAX | Category Low | Category High | NRAAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.21% | -54.00% | 2.44% | 76.63% |
Capital Gain Distribution Analysis
| NRAAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2025 | $0.002 | CapitalGainShortTerm |
| Dec 15, 2025 | $1.316 | CapitalGainLongTerm |
| Dec 16, 2024 | $2.870 | OrdinaryDividend |
| Dec 16, 2024 | $0.016 | CapitalGainShortTerm |
| Dec 16, 2024 | $2.854 | CapitalGainLongTerm |
| Dec 18, 2023 | $0.055 | OrdinaryDividend |
| Dec 18, 2023 | $3.809 | CapitalGainLongTerm |
| Dec 15, 2023 | $3.864 | OrdinaryDividend |
| Dec 15, 2022 | $3.502 | CapitalGainLongTerm |
| Dec 14, 2021 | $4.806 | OrdinaryDividend |
| Dec 14, 2020 | $2.516 | OrdinaryDividend |
| Dec 16, 2019 | $3.374 | OrdinaryDividend |
| Dec 17, 2018 | $3.117 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.108 | OrdinaryDividend |
| Dec 15, 2017 | $0.273 | CapitalGainShortTerm |
| Dec 15, 2017 | $1.860 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.171 | OrdinaryDividend |
| Dec 16, 2016 | $2.348 | CapitalGainLongTerm |
| Dec 16, 2016 | $0.403 | OrdinaryDividend |
| Dec 17, 2015 | $0.056 | CapitalGainShortTerm |
| Dec 17, 2015 | $3.229 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.390 | OrdinaryDividend |
| Dec 15, 2014 | $0.215 | CapitalGainShortTerm |
| Dec 15, 2014 | $6.174 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.444 | OrdinaryDividend |
| Dec 16, 2013 | $0.259 | CapitalGainShortTerm |
| Dec 16, 2013 | $3.664 | CapitalGainLongTerm |
| Dec 16, 2013 | $0.422 | OrdinaryDividend |
| Dec 14, 2012 | $0.275 | OrdinaryDividend |
| Dec 16, 2011 | $0.229 | OrdinaryDividend |
| Dec 20, 2010 | $0.113 | OrdinaryDividend |
| Dec 17, 2009 | $0.163 | OrdinaryDividend |
NRAAX - Fund Manager Analysis
Managers
Daniel Hanson
Start Date
Tenure
Tenure Rank
Apr 01, 2022
0.16
0.2%
Daniel Hanson, CFA, Managing Director, joined the firm in January 2022. Dan is the Senior Portfolio Manager and Head of the U.S. Sustainable Equity team. Dan joined Neuberger Berman from Waddell & Reed and Ivy Investments, where he was Chief Investment Officer. Previously, he served as Head of Impact Investing for JANA Partners. Prior to that role, he was Partner and Head of U.S. Equities, and Co-Chair of the Investment Strategy Committee with Jarislowsky Fraser Global Investment Management. Previously, Dan spent 10 years at BlackRock where he launched and managed the firm’s first fundamental, active ESG strategy, the BlackRock Socially Responsible Equity strategy. Dan is involved in a number of initiatives in the area of governance, corporate reporting, and sustainable investing. Dan was a founding member of the board of directors of the Sustainable Accounting Standards Board (“SASB") in 2011. He served on the professional faculty of the University of California-Berkeley Haas School of Business, where he taught sustainable investing from 2016-2019. In that role, he was a judge for the Moskowitz Research Prize, which recognizes outstanding quantitative research in sustainable and responsible investing. Dan received his Bachelor’s Degree in Economics and French from Middlebury College, and earned an MBA, Accounting and Analytic Finance, from The University of Chicago. He is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.35 | 2.25 |