Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
17.8%
1 yr return
21.4%
3 Yr Avg Return
7.3%
5 Yr Avg Return
13.1%
Net Assets
$91.5 M
Holdings in Top 10
33.3%
Expense Ratio 1.25%
Front Load N/A
Deferred Load N/A
Turnover 32.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
To pursue its goal, the Fund normally invests at least 80% of its net assets in equity securities that pay dividends. The Fund may invest in companies of any market capitalization. Although the Fund invests primarily in domestic securities, it may also invest in securities of foreign companies, including companies in emerging markets. The Fund mainly invests in common stocks but may invest up to 10% of its net assets in master limited partnerships (“MLPs”) and up to 10% of its net assets in convertible securities. The Fund may invest in convertible securities that are rated below investment grade (commonly known as “junk bonds”) or, if unrated, are determined by the Portfolio Managers to be of comparable quality.
The Portfolio Managers use bottom-up, fundamental security analysis to identify companies that they believe have sustainable and growing dividends, and ideally seek to buy them when they appear temporarily out-of-favor or undervalued by the market. The price of the company’s securities in relation to its cash flow, earnings, dividends, book value and asset value, both historical and prospective, are key determinants in the security selection process. Emphasis is also placed on identifying companies undergoing
changes that the Portfolio Managers believe will enhance shareholder value in the future, including changes in operations, management, capital allocation, strategies and product offerings.
The Fund may also invest in real estate investment trusts (“REITs”).
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, when other opportunities appear more attractive or when the Portfolio Managers believe the holding has grown too large relative to the rest of the portfolio.
The Fund will not change its strategy of normally investing at least 80% of its net assets in equity securities that pay dividends, 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.
Period | NRDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 4.3% | 46.2% | 90.43% |
1 Yr | 21.4% | 5.8% | 61.3% | 89.85% |
3 Yr | 7.3%* | -11.0% | 19.2% | 77.42% |
5 Yr | 13.1%* | -7.6% | 110.6% | 67.99% |
10 Yr | N/A* | -0.1% | 52.9% | N/A |
* Annualized
Period | NRDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.7% | -42.6% | 47.4% | 69.56% |
2022 | -16.0% | -56.3% | -4.2% | 12.16% |
2021 | 20.1% | -27.2% | 537.8% | 38.75% |
2020 | 17.5% | -22.5% | 2181.7% | 20.63% |
2019 | 27.2% | -13.5% | 40.4% | 27.28% |
Period | NRDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 4.3% | 46.2% | 90.43% |
1 Yr | 21.4% | 5.8% | 61.3% | 89.85% |
3 Yr | 7.3%* | -11.0% | 19.2% | 77.42% |
5 Yr | 13.1%* | -7.6% | 110.6% | 67.99% |
10 Yr | N/A* | -0.1% | 52.9% | N/A |
* Annualized
Period | NRDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.9% | -5.0% | 47.4% | 77.34% |
2022 | -12.4% | -36.8% | -2.2% | 15.24% |
2021 | 24.5% | 3.0% | 537.8% | 74.45% |
2020 | 19.2% | -15.8% | 2266.0% | 29.68% |
2019 | 29.1% | -0.4% | 241.3% | 58.34% |
NRDGX | Category Low | Category High | NRDGX % Rank | |
---|---|---|---|---|
Net Assets | 91.5 M | 2.34 M | 1.55 T | 88.87% |
Number of Holdings | 56 | 2 | 3963 | 73.04% |
Net Assets in Top 10 | 34.9 M | 880 K | 525 B | 89.53% |
Weighting of Top 10 | 33.27% | 0.3% | 111.6% | 66.72% |
Weighting | Return Low | Return High | NRDGX % Rank | |
---|---|---|---|---|
Stocks | 98.01% | 0.00% | 105.79% | 70.98% |
Cash | 1.99% | 0.00% | 99.07% | 29.68% |
Preferred Stocks | 0.00% | 0.00% | 2.03% | 71.48% |
Other | 0.00% | -13.91% | 100.00% | 78.81% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 70.06% |
Bonds | 0.00% | 0.00% | 93.85% | 72.71% |
Weighting | Return Low | Return High | NRDGX % Rank | |
---|---|---|---|---|
Technology | 18.42% | 0.00% | 48.94% | 83.04% |
Healthcare | 16.32% | 0.00% | 52.29% | 20.99% |
Financial Services | 13.62% | 0.00% | 55.59% | 46.26% |
Industrials | 12.68% | 0.00% | 29.90% | 13.85% |
Consumer Cyclical | 9.87% | 0.00% | 30.33% | 62.05% |
Basic Materials | 7.84% | 0.00% | 25.70% | 4.37% |
Energy | 5.13% | 0.00% | 41.64% | 22.17% |
Consumer Defense | 4.64% | 0.00% | 47.71% | 88.25% |
Communication Services | 4.11% | 0.00% | 27.94% | 89.08% |
Real Estate | 3.93% | 0.00% | 31.91% | 15.87% |
Utilities | 3.44% | 0.00% | 20.91% | 18.05% |
Weighting | Return Low | Return High | NRDGX % Rank | |
---|---|---|---|---|
US | 91.26% | 0.00% | 105.79% | 88.38% |
Non US | 6.74% | 0.00% | 63.83% | 5.44% |
NRDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.01% | 19.75% | 22.90% |
Management Fee | 0.55% | 0.00% | 1.90% | 58.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.05% | 0.00% | 0.85% | 28.49% |
NRDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
NRDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
NRDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 0.00% | 268.00% | 62.62% |
NRDGX | Category Low | Category High | NRDGX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.00% | 0.00% | 25.47% | 32.48% |
NRDGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
NRDGX | Category Low | Category High | NRDGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.06% | -54.00% | 2.44% | 30.24% |
NRDGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $0.226 | OrdinaryDividend |
Dec 15, 2023 | $0.019 | CapitalGainShortTerm |
Dec 15, 2023 | $0.311 | CapitalGainLongTerm |
Dec 16, 2022 | $0.715 | OrdinaryDividend |
Dec 15, 2021 | $0.720 | OrdinaryDividend |
Dec 14, 2020 | $0.236 | OrdinaryDividend |
Dec 16, 2019 | $0.213 | OrdinaryDividend |
Dec 17, 2018 | $0.080 | CapitalGainShortTerm |
Dec 17, 2018 | $0.477 | CapitalGainLongTerm |
Dec 17, 2018 | $0.143 | OrdinaryDividend |
Dec 15, 2017 | $0.004 | CapitalGainShortTerm |
Dec 15, 2017 | $0.178 | CapitalGainLongTerm |
Dec 15, 2017 | $0.160 | OrdinaryDividend |
Dec 16, 2016 | $0.223 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 15, 2015
6.46
6.5%
William D. Hunter, Managing Director, joined the Neuberger Berman Investment Advisers LLC in 2006. Will is a member of the MLG Group and serves as Portfolio Manager for the Global Thematic Opportunities strategy and Associate Portfolio Manager on the Equity Income strategy. Prior to joining the firm, Will worked at JPMorgan's Investment Bank as an analyst in Chemical Equity Research after working in Equity Specialty Sales in Energy and Industrials. Will received his BA from Columbia University.
Start Date
Tenure
Tenure Rank
Dec 15, 2020
1.46
1.5%
Mr Trudeau joined Neuberger Berman Investment Advisers LLC in 2011 and has been an Associate Portfolio manager since 2012.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.27 | 2.42 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...