Neuberger Berman Socially Responsive Investor (NBSRX - Free Report) a Zacks Ranked #2 (Buy) was incepted in March 1994 and is managed by Neuberger Berman Management. NBSRX seeks long-term growth of capital. NBSRX invests in solid, undervalued companies that are also good corporate citizens. NBSRX normally invests in mid and large-capitalization companies having solid balance sheets, strong management, consistent cash flows, and low price-to-earnings and price-to-book ratios. Besides these qualities, the companies are screened for social criteria. In the manager's opinion, corporate social responsibility can enhance a company's bottom line. Ideal investment candidates show leadership in major areas of social impact, such as the environment, workplace and community. They also consider companies' records in other areas, such as public health and the impact of their products.
This Large Value fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Foreign Stock and Small Growth. Further, as of the last filing, Texas Instruments Inc, American Express Company and Newell Rubbermaid Inc were the top holdings for NBSRX.
Neuberger Berman Socially Responsive Investor, managed by Neuberger , carries an expense ratio of 0.86. Moreover, NBSRX requires a minimal initial investment of $1,000.
NBSRX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 0.29%, 3 year 14.82% and 5 year 14.42%. To see how this fund performed compared in its category, please click here.
NBSRX’s performance, as of the last filing, when compared to funds in its category was in the top 43% in 1 year, top 33% over the past 3 years, and in the 55% over the past 5 years.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>