Key stats
About Neuberger Berman Small-Mid Cap ETF
Home page
Inception date
Mar 20, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neuberger Berman Investment Advisers LLC
Distributor
Neuberger Berman BD LLC (Investment Management)
ISIN
US64135A8045
NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Finance
Stocks97.84%
Producer Manufacturing24.21%
Finance17.16%
Technology Services7.41%
Commercial Services7.33%
Electronic Technology6.19%
Consumer Services5.51%
Health Technology4.90%
Retail Trade3.87%
Transportation3.66%
Non-Energy Minerals3.41%
Industrial Services3.13%
Utilities3.07%
Process Industries2.03%
Energy Minerals1.90%
Health Services1.71%
Distribution Services1.24%
Miscellaneous1.12%
Bonds, Cash & Other2.16%
Cash2.16%
Stock breakdown by region
North America98.44%
Europe1.56%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NBSM invests in stocks. The fund's major sectors are Producer Manufacturing, with 24.21% stocks, and Finance, with 17.16% of the basket. The assets are mostly located in the North America region.
NBSM top holdings are RBC Bearings Incorporated and Fair Isaac Corporation, occupying 2.26% and 2.25% of the portfolio correspondingly.
NBSM assets under management is 186.93 M USD. It's risen 5.16% over the last month.
NBSM fund flows account for −1.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NBSM pays dividends to its holders with the dividend yield of 0.23%. The last dividend (Dec 23, 2024) amounted to 0.06 USD. The dividends are paid annually.
NBSM shares are issued by NBSH Acquisition LLC under the brand Neuberger Berman. The ETF was launched on Mar 20, 2024, and its management style is Active.
NBSM expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
NBSM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NBSM invests in stocks.
NBSM price has fallen by −0.81% over the last month, and its yearly performance shows a −5.59% decrease. See more dynamics on NBSM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.76% over the last month, showed a 4.30% increase in three-month performance and has increased by 1.23% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.76% over the last month, showed a 4.30% increase in three-month performance and has increased by 1.23% in a year.
NBSM trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.