NBHRX Performance — Neuberger Berman Equity Income Fund, Class R3
Data updated: 2026-07-27
NBHRX returned +6.53% year to date and +17.14% over one year to May 2026. Annualised returns are +15.93% over 3 years and +8.48% over 5 years. The fund trailed its Global Large Value category average: $100 invested three years ago grew to $156, against $165 for the category, and to $117 over one year, against $121. Volatility over the past three years was 11.51% a year. In the 12 months to May 2026 the fund lost a net $30.1M, and assets reached $1.03B.
NBHRX Growth of $100
What $100 invested in Neuberger Berman Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Value category average over the same months.
| Period | NBHRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $117 | $121 |
| 3 years (Jun 2023 – May 2026) | $156 | $165 |
| 5 years (Jun 2021 – May 2026) | $150 | $159 |
| Since data start (Sep 2019 – May 2026) | $185 | $211 |
NBHRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.53% |
| 1 year | +17.14% |
| 3 years (annualised) | +15.93% |
| 5 years (annualised) | +8.48% |
NBHRX Annual Returns
Calendar-year total returns of Neuberger Berman Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.53% |
| 2025 | +18.99% |
| 2024 | +12.76% |
| 2023 | +3.18% |
| 2022 | −4.78% |
| 2021 | +20.86% |
| 2020 | +2.28% |
| 2019 (Sep–Dec) | +6.55% |
NBHRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.1% | +5.6% | −6.2% | +2.8% | −0.5% | — | — | — | — | — | — | — |
| 2025 | +4.4% | +2.2% | −1.1% | −0.5% | +3.1% | +2.8% | −0.9% | +2.6% | +2.0% | −1.2% | +3.7% | +0.7% |
| 2024 | −1.0% | +2.7% | +5.6% | −2.4% | +3.1% | −1.2% | +3.9% | +3.0% | +0.9% | −1.4% | +5.4% | −5.8% |
| 2023 | +2.3% | −4.1% | +0.2% | +1.4% | −5.0% | +5.8% | +2.9% | −3.0% | −4.2% | −2.4% | +5.4% | +4.8% |
| 2022 | −1.7% | +0.9% | +4.2% | −5.2% | +1.5% | −8.4% | +4.9% | −2.3% | −7.6% | +8.1% | +5.8% | −3.5% |
| 2021 | −0.5% | +2.1% | +4.9% | +3.6% | +2.4% | −0.7% | +0.5% | +0.8% | −4.0% | +5.7% | −1.3% | +6.2% |
| 2020 | −0.2% | −7.5% | −15.7% | +7.6% | +3.6% | +0.2% | +5.7% | +2.9% | −2.2% | −0.5% | +8.3% | +2.6% |
| 2019 | — | — | — | — | — | — | — | — | +2.3% | +0.7% | +1.1% | +2.4% |
NBHRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.51%
- 3-year Sharpe ratio: 0.99 (vs 4.5% risk-free rate)
- Best month: +5.80% (Jun 2023)
- Worst month: −6.18% (Mar 2026)
NBHRX Fund Flows
Monthly money in and out of Neuberger Berman Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$30.1M
- 12-month gross sales (incl. reinvestments): $312.1M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $58.3M | $57.3M | $1.1M |
| Apr 2026 | $6.8M | $15.0M | −$8.2M |
| Mar 2026 | $58.8M | $54.9M | $3.9M |
| Feb 2026 | $8.1M | $15.1M | −$7.0M |
| Jan 2026 | $8.7M | $25.7M | −$17.0M |
| Dec 2025 | $24.5M | $15.6M | $8.9M |
| Nov 2025 | $52.1M | $54.2M | −$2.0M |
| Oct 2025 | $5.7M | $10.8M | −$5.1M |
| Sep 2025 | $11.4M | $16.3M | −$4.8M |
| Aug 2025 | $5.9M | $8.9M | −$3.0M |
| Jul 2025 | $57.3M | $57.1M | $202K |
| Jun 2025 | $14.4M | $11.3M | $3.1M |
NBHRX Assets Under Management
Net assets of Neuberger Berman Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.03B |
| 2026-02-28 | $1.08B |
| 2025-11-30 | $995.73M |
| 2025-08-31 | $968.10M |
| 2025-05-31 | $929.42M |
| 2025-02-28 | $942.23M |
| 2024-11-30 | $985.89M |
| 2024-08-31 | $951.48M |
| 2024-05-31 | $921.14M |
| 2024-02-29 | $894.73M |
| 2023-11-30 | $885.69M |
| 2023-08-31 | $954.83M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.