Fund Research for Neuberger Berman Focus Tr (NBFCX)

  • Fund Overview

    Fund Inception Date: Aug 30, 1993
    Category: Large Blend
    Overall Risk: Above Average
    Fund Family: Neuberger Berman
    Return Since Inception: 6.91%
    YTD Return: 26.04%
    Yield (TTM): 0.74%
    Net Assets: 22.86 M
    Morningstar Rating:
    2 of 5

    The investment seeks long-term growth of capital. The fund invests in a highly concentrated portfolio, consisting mainly of common stocks of companies of any size that are selected using a fundamental, research driven approach. It normally holds approximately 25-35 stocks. Because of the concentrated nature of investment, the fund is typically substantially over-and under-weighted in certain economic sectors. The fund is nondiversified.

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    Size
    Average Market Cap $33,708 M
    Market Capitalization Portfolio
    Giant 49.92%
    Large 33.04%
    Medium 15.04%
    Small 1.99%
    Micro 0.00%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/23/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 26.04% 45.96% -7.63% -1.59% 0.70% 6.91%
    +/- Category -0.26% 1.36% -1.94% -2.32% 0.76% —
    +/- S&P 500 TR 2.52% -2.84% -1.73% -2.27% -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 20.38% 8.74% -8.42% -1.41% 0.70% 6.91%
    Quarter (as of 09/30/2009) 23.66% -10.72% -6.73% 0.03% 2.35% 7.13%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/23/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/23/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 08/30/1993
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 17.88%
    Service 45.38%
    Manufacturing 33.30%

    Asset Allocation

    Short Long Net Assets
    Cash — 3.45% 3.45%
    Stocks — 96.56% 96.56%
    Bonds — 0.00% 0.00%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 4.73% 4.73%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    = JPMORGAN CHASE & CO (JPM) Financial Services 35.11 37.11% 5.48%
    = OCCIDENTAL PETE CORP DEL (OXY) Energy 27.30 34.14% 5.21%
    = XTO ENERGY INC (XTO) Energy 13.40 20.83% 5.00%
    + BANK OF NEW YORK MELLON CORP (BK) Financial Services — -4.94% 4.69%
    = COVIDIEN PLC (COV) Healthcare 26.29 20.34% 4.41%
    - ROCKWELL AUTOMATION INC (ROK) Industrial Materials 29.16 33.19% 4.11%
    = INTEL CORP (INTC) Hardware 46.17 29.06% 3.85%
    + MICROSOFT CORP (MSFT) Software 19.42 43.62% 3.82%
    = INGERSOLL-RAND PLC (IR) Industrial Materials — 92.74% 3.76%
    + HEWLETT PACKARD CO (HPQ) Hardware 16.90 31.58% 3.75%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/24/2009
    All other data as of 08/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 10/15/2009
    Expense Ratio (based on net assets) 1.24%
    Taken from annual report dated 08/31/2009

  • Fund Management

    David Levine
    Start Date: 06/17/2008
    Levine is a vice president of Neuberger Berman Management Inc. and a senior vice president of Neuberger Berman, LLC. He is a portfolio manager on the Large Cap Value team of Neuberger Berman, LLC. He joined Neuberger Berman in 1995. Levine holds the Chartered Financial Analyst designation.
    Greg Francfort
    Start Date: 11/12/2009
    Greg Francfort is a Managing Director of Neuberger Berman Management LLC and Neuberger Berman LLC. From 2004 to 2009, he served as an adjunct finance professor at the Columbia University Graduate School of Business. Prior to 2004, he was a portfolio manager at another investment advisory firm. He has been a Portfolio Manager of the Fund since November 2009.