Neuberger Emerging Markets Equity Fund
Fund
NREMX
Price as of:
$28.45
+ $0.17
+ 0.60%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.4%
1 yr return
31.2%
3 Yr Avg Return
18.9%
5 Yr Avg Return
3.4%
Net Assets
$240 M
Holdings in Top 10
33.7%
52 WEEK LOW AND HIGH
$28.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NREMX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 18.9%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.43%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNeuberger Emerging Markets Equity Fund
-
Fund Family NameNeuberger Berman
-
Inception DateMar 15, 2013
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerConrad Saldanha
Fund Description
To pursue its goal, the Fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of issuers in emerging market countries. These include securities of companies (1) that are traded principally on a stock exchange or over-the-counter in emerging market countries, (2) that are organized under the laws of and/or have a principal office in emerging market countries, or (3) that derive 50% or more of their total revenues from, and/or have 50% or more of their total assets in, goods produced, sales made, profits generated or services performed in emerging market countries. The Fund considers emerging market countries to be countries included in the MSCI Emerging Markets Index.
The Portfolio Managers use a bottom-up, research-driven securities selection approach focusing on businesses which they believe exhibit a significant discount to intrinsic value while factoring in economic, legislative and business developments to identify countries and sectors that they believe may be particularly attractive.
The Portfolio Managers believe that in-depth, strategic and financial research is the key to identifying undervalued companies and seeks to identify companies that in their view have a strong potential for recovery or appear to be disproportionately impacted by market sentiment to regional, country-specific or sector-level events and which are trading at what they believe to be attractive valuations.
The Fund seeks to reduce risk by diversifying among many industries. At times, the Portfolio Managers may emphasize certain sectors that they believe will benefit from market or economic trends. Although the Fund has the flexibility to invest a significant portion of its assets in one country or region, it generally intends to invest across a broad range of countries and geographical regions. The Fund may also invest in equity securities of issuers located in frontier markets.
The Fund may invest in companies of any market capitalization. Equity securities in which the Fund may invest include common and preferred stocks, convertible securities, rights and warrants to purchase common stock, depositary receipts and China A-shares using the “connect programs” of local stock exchanges in China, such as the Shanghai-Hong Kong Stock Connect Program, the Shenzhen-Hong Kong Stock Connect Program or other similar programs.
The Fund may invest in exchange traded funds (“ETFs”). The Fund may also invest in foreign real estate companies.
The Fund may invest in restricted securities, including private placements, which are securities that are subject to legal restrictions on their sale and may not be sold to the public unless registered under the applicable securities law or pursuant to an applicable exemption. The Fund may also invest in private companies, including companies that have not yet issued securities publicly in an initial public offering.
The Portfolio Managers follow a disciplined selling strategy and may sell a security when it reaches a target price, if a company’s business fails to perform as expected, or when other opportunities appear more attractive.
The Fund will not change its strategy of normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of issuers in emerging market countries, without providing shareholders at least 60 days’ notice. This test is applied at the time the Fund invests; later percentage changes caused by a change in Fund assets, market values or company circumstances will not require the Fund to dispose of a holding.
NREMX - Performance
Return Ranking - Trailing
| Period | NREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -18.5% | 102.9% | 92.88% |
| 1 Yr | 31.2% | -14.2% | 239.7% | 86.55% |
| 3 Yr | 18.9%* | -0.2% | 66.1% | 79.08% |
| 5 Yr | 3.4%* | -11.3% | 25.5% | 85.62% |
| 10 Yr | 7.9%* | 0.8% | 21.5% | 87.70% |
* Annualized
Return Ranking - Calendar
| Period | NREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 35.4% | -39.1% | 56.9% | 13.09% |
| 2024 | 12.7% | -24.0% | 31.7% | 4.26% |
| 2023 | 3.3% | -6.5% | 35.5% | 94.79% |
| 2022 | -24.2% | -50.1% | -2.4% | 49.67% |
| 2021 | -4.4% | -33.1% | 22.5% | 43.08% |
Total Return Ranking - Trailing
| Period | NREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -18.5% | 102.9% | 92.88% |
| 1 Yr | 31.2% | -14.2% | 239.7% | 86.55% |
| 3 Yr | 18.9%* | -0.2% | 66.1% | 79.08% |
| 5 Yr | 3.4%* | -11.3% | 25.5% | 85.62% |
| 10 Yr | 7.9%* | 0.8% | 21.5% | 87.70% |
* Annualized
Total Return Ranking - Calendar
| Period | NREMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 35.4% | 0.1% | 87.2% | 24.45% |
| 2024 | 13.0% | -16.6% | 31.7% | 9.15% |
| 2023 | 4.8% | -2.5% | 42.0% | 94.31% |
| 2022 | -23.8% | -42.2% | 1.9% | 62.70% |
| 2021 | -3.2% | -32.5% | 33.1% | 63.67% |
NAV & Total Return History
NREMX - Holdings
Concentration Analysis
| NREMX | Category Low | Category High | NREMX % Rank | |
|---|---|---|---|---|
| Net Assets | 240 M | 682 K | 160 B | 68.61% |
| Number of Holdings | 45 | 10 | 7640 | 91.17% |
| Net Assets in Top 10 | 84.7 M | 290 K | 47.3 B | 67.35% |
| Weighting of Top 10 | 33.73% | 2.9% | 107.6% | 71.41% |
Top 10 Holdings
- Samsung Electronics Co Ltd 4.52%
- State Street Institutional Treasury Money Market Fund 4.31%
- Telefonica Brasil SA 3.38%
- PDD Holdings Inc 3.36%
- Taiwan Semiconductor Manufacturing Co Ltd 3.25%
- Richter Gedeon Nyrt 3.08%
- Petroleo Brasileiro SA - Petrobras 3.01%
- Orion Corp/Republic of Korea 2.99%
- Megacable Holdings SAB de CV 2.94%
- VTech Holdings Ltd 2.89%
Asset Allocation
| Weighting | Return Low | Return High | NREMX % Rank | |
|---|---|---|---|---|
| Stocks | 90.00% | 0.00% | 102.89% | 91.64% |
| Preferred Stocks | 5.68% | 0.00% | 12.21% | 6.78% |
| Cash | 4.32% | -2.03% | 17.54% | 14.51% |
| Other | 0.00% | -0.56% | 10.07% | 79.34% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 81.40% |
| Bonds | 0.00% | 0.00% | 138.18% | 83.60% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NREMX % Rank | |
|---|---|---|---|---|
| Technology | 25.90% | 0.00% | 47.50% | 27.68% |
| Financial Services | 18.59% | 0.00% | 48.86% | 69.28% |
| Consumer Cyclical | 13.05% | 0.00% | 48.94% | 36.16% |
| Communication Services | 10.76% | 0.00% | 39.29% | 29.28% |
| Consumer Defense | 8.87% | 0.00% | 25.90% | 21.28% |
| Basic Materials | 8.80% | 0.00% | 30.03% | 43.52% |
| Healthcare | 5.03% | 0.00% | 16.53% | 33.76% |
| Energy | 4.72% | 0.00% | 24.80% | 45.28% |
| Industrials | 2.26% | 0.00% | 43.53% | 93.28% |
| Real Estate | 2.02% | 0.00% | 17.15% | 38.56% |
| Utilities | 0.00% | 0.00% | 39.12% | 93.44% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NREMX % Rank | |
|---|---|---|---|---|
| Non US | 79.13% | 0.00% | 100.93% | 76.34% |
| US | 10.87% | 0.00% | 96.45% | 44.16% |
NREMX - Expenses
Operational Fees
| NREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.14% | 0.02% | 26.99% | 60.13% |
| Management Fee | 0.80% | 0.00% | 1.50% | 43.92% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.05% | 0.01% | 0.85% | 25.64% |
Sales Fees
| NREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| NREMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 47.00% | 0.00% | 189.00% | 55.82% |
NREMX - Distributions
Dividend Yield Analysis
| NREMX | Category Low | Category High | NREMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.05% | 0.00% | 9.74% | 67.19% |
Dividend Distribution Analysis
| NREMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| NREMX | Category Low | Category High | NREMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.43% | -1.98% | 17.62% | 64.11% |
Capital Gain Distribution Analysis
| NREMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2025 | $0.015 | OrdinaryDividend |
| Dec 17, 2024 | $0.052 | OrdinaryDividend |
| Dec 16, 2024 | $0.052 | OrdinaryDividend |
| Dec 15, 2023 | $0.252 | OrdinaryDividend |
| Dec 16, 2022 | $0.095 | OrdinaryDividend |
| Dec 15, 2021 | $0.265 | OrdinaryDividend |
| Dec 14, 2020 | $0.111 | OrdinaryDividend |
| Dec 16, 2019 | $0.396 | OrdinaryDividend |
| Dec 17, 2018 | $0.189 | OrdinaryDividend |
| Dec 15, 2017 | $0.141 | OrdinaryDividend |
| Dec 16, 2016 | $0.090 | OrdinaryDividend |
| Dec 17, 2015 | $0.109 | OrdinaryDividend |
| Dec 15, 2014 | $0.184 | OrdinaryDividend |
| Dec 16, 2013 | $0.094 | OrdinaryDividend |
NREMX - Fund Manager Analysis
Managers
Conrad Saldanha
Start Date
Tenure
Tenure Rank
Oct 08, 2008
13.65
13.7%
Conrad Saldanha, CFA, Managing Director, joined the firm in 2008. Conrad is Senior Portfolio Manager for the Global Equity team and is responsible for Emerging Market equities. Prior to joining the firm, Conrad was a PM for the Emerging Markets, Europe, Euroland, and India Equity portfolios at GEAMI. Conrad began his career at GE Captial's Financial Management Program. He earned a BCom from St. Xavier’s College, Calcutta, an MBA from Virginia Polytechnic Institute and has also been awarded the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.79 | 13.42 |