Morningstar

Neuberger Berman Real Estate A NREAX

Morningstar Medalist Rating
Medalist Rating as of | See Neuberger Berman Investment Hub
  • NAV / 1-Day Return 14.81  /  −0.60 %
  • Total Assets 780.6 Mil
  • Adj. Expense Ratio
    1.220%
  • Expense Ratio 1.220%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.64%
  • Turnover 38%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis NREAX

Will NREAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NREAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NREAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NREAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy has hit some speed bumps recently, but there's no reason to panic.

Senior Analyst David Kathman

David Kathman

Senior Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. It remains a strong choice among real estate funds despite its short-term struggles in 2023. The following text is from July 26, 2023.

by David Kathman
Rated on Published on

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Portfolio Holdings NREAX

More NREAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

American Tower Corp

8.49 65.6 Mil
Real Estate

Equinix Inc

7.85 60.6 Mil
Real Estate

Prologis Inc

7.20 55.6 Mil
Real Estate

Public Storage

6.47 50.0 Mil
Real Estate

AvalonBay Communities Inc

5.42 41.9 Mil
Real Estate

Welltower Inc

4.59 35.5 Mil
Real Estate

Iron Mountain Inc

4.54 35.1 Mil
Real Estate

Simon Property Group Inc

4.50 34.8 Mil
Real Estate

Ventas Inc

4.50 34.8 Mil
Real Estate

SBA Communications Corp Class A

3.74 28.9 Mil
Real Estate

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