NBMTX Fees and Costs — Neuberger Berman Mid Cap Growth Fund, Trust Class
Data updated: 2026-07-27
The net expense ratio is 0.93%: a 0.88% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $886K in broker commissions, 0.0474% of average net assets, and portfolio turnover was 144%.
NBMTX Fees and Expenses
Annual operating expenses and sales charges of NBMTX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
NBMTX Costs Over Time
On $10,000 invested in NBMTX, assuming 5% a year before costs, total costs come to $612 over 5 years, cutting the return by 1.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $336 | $612 |
| Value after costs | $10,397 | $11,240 | $12,151 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
NBMTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0474%
- Total broker commissions: $886K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 144%
- Securities on loan, average value: $9.9M
- Net income from securities lending: $28K (0.002% of average net assets)
NBMTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNY Capital Markets, LLC | $106K | 15.17% |
| National Financial Services LLC | $103K | 14.74% |
| Raymond James & Associates, Inc. | $95K | 13.58% |
| Goldman Sachs & Co. LLC | $82K | 11.73% |
| BofA Securities, Inc. | $81K | 11.61% |
| UBS Securities LLC | $66K | 9.46% |
| Jefferies LLC | $58K | 8.35% |
| J.P. Morgan Securities LLC | $44K | 6.25% |
| Robert W. Baird & Co. Incorporated | $32K | 4.64% |
| Wells Fargo Securities, LLC | $31K | 4.47% |
NBMTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.8B | 99.13% |
| J.P. Morgan Securities LLC | $16.2M | 0.87% |
Neuberger Berman Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NRMGX | Class R6 | 0.58% | — |
| NBMLX | Institutional Class | 0.68% | none |
| NMANX | Investor Class | 0.83% | — |
| NBMTX | Trust Class | 0.93% | — |
| NMGAX | Class A | 1.05% | 5.75% |
| NBMBX | Advisor Class | 1.18% | — |
| NMGRX | Class R3 | 1.30% | — |
| NMGCX | Class C | 1.80% | none |
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.