Neuberger Berman Genesis Fund Institutional Class (NBGIX)
Neuberger Berman Genesis Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $59.04, up 0.32% on the session, giving a market capitalisation of $7.26B. Its beta of 0.97 implies it has historically moved less than the broad market.
The Neuberger Berman Genesis Fund Institutional Class is dedicated to achieving long-term capital appreciation. It primarily invests in the common stocks of smaller companies, specifically defining "small-capitalization" as businesses whose total market value falls within the range of companies included in the Russell 2000® Index at the time of their initial purchase. The fund retains the flexibility to maintain or even increase its holdings in a company, even if that company's market capitalization eventually moves outside the Russell 2000® Index range. To manage potential downsides, the fund strategically reduces risk by diversifying its investments across a wide array of companies and industries.
Neuberger Berman Genesis Fund Institutional Class is most often compared with the following Financial Services names: