Neuberger Large Cap Value Fund
NEUBERGER BERMAN EQUITY FUNDS · Series S000007840 · 9 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks long-term growth of capital.
The fund invests at least 80% of its net assets in large-capitalization equity securities selected from the Russell 1000 Value Index universe, focusing on undervalued companies with identifiable catalysts such as management changes, restructurings, or new products that the portfolio managers believe can improve depressed earnings. The fund may also hold REITs and foreign stocks, and may write covered call options to enhance returns. Because security selection depends on the portfolio managers' assessments of valuation and catalysts, fund performance will diverge from the Russell 1000 Value Index. The fund pursues a disciplined selling strategy and may have elevated portfolio turnover.
| Share class | Gross | Net |
|---|---|---|
| NPRTX | 0.75% | — |
| NBPTX | 0.95% | — |
| NBPBX | 1.10% | — |
| NBPIX | 0.60% | — |
| NPNCX | 1.72% | — |
| NPNRX | 1.24% | — |
| NPNAX | 0.97% | — |
| NRLCX | 0.50% | — |
| NPNEX | 0.45% | 0.03% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 106.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 96.09% |
| Cash & short-term | 4.43% |
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +36.49% | +47.55% | +55.48% | 9.81% | -8.38% | |
| +36.16% | +46.61% | +53.82% | 9.82% | -8.42% | |
| +35.98% | +45.95% | +52.71% | 9.81% | -8.48% | |
| +36.66% | +48.22% | +56.65% | 9.82% | -8.34% | |
| +35.15% | +43.30% | +48.15% | 9.82% | -8.75% | |
| +35.80% | +45.38% | +51.66% | 9.81% | -8.54% | |
| +36.18% | +46.50% | +53.62% | 9.82% | -8.46% | |
| +36.78% | +48.59% | +57.31% | 9.83% | -8.33% | |
| +37.42% | +50.72% | — | 9.82% | -8.21% |
These classes hold the same portfolio, so the 7.42pp spread over 3 years is the cost difference between them — roughly 2.47pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| INTC | Intel CorpINTC | 4.13% | $114.68 | $409.27M | 3.6M |
| XOM | Exxon Mobil CorpXOM | 3.84% | $145.26 | $379.73M | 2.6M |
| GVMXX | State Street Global AdvisorsGVMXX | 3.75% | — | $370.88M | — |
| SCCO | Southern Copper CorpSCCO | 3.53% | $191.30 | $349.27M | 1.8M |
| BA | The Boeing CoBA | 2.94% | $231.15 | $290.83M | 1.3M |
| JNJ | Johnson & JohnsonJNJ | 2.80% | $225.33 | $277.13M | 1.2M |
| JPM | JPMorgan Chase & CoJPM | 2.70% | $299.31 | $267.38M | 893.3K |
| MU | Micron Technology IncMU | 2.48% | $971.00 | $245.58M | 252.9K |
| GOOG | Alphabet IncGOOG | 2.07% | $376.43 | $204.52M | 543.3K |
| CSCO | Cisco Systems IncCSCO | 2.06% | $120.42 | $203.72M | 1.7M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 30.30% of net assets, top 25 55.11%, across 78 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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