NBRRX Performance — Neuberger Berman Mid Cap Intrinsic Value Fund, Class R3
Data updated: 2026-07-27
NBRRX returned +12.61% year to date and +31.59% over one year to May 2026. Annualised returns are +16.30% over 3 years and +6.92% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $157, against $154 for the category, and to $132 over one year, against $121. Volatility over the past three years was 15.18% a year. In the 12 months to May 2026 the fund lost a net $4.8M, and assets reached $53.90M.
NBRRX Growth of $100
What $100 invested in Neuberger Berman Mid Cap Intrinsic Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | NBRRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $132 | $121 |
| 3 years (Jun 2023 – May 2026) | $157 | $154 |
| 5 years (Jun 2021 – May 2026) | $140 | $148 |
| Since data start (Sep 2019 – May 2026) | $183 | $211 |
NBRRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.61% |
| 1 year | +31.59% |
| 3 years (annualised) | +16.30% |
| 5 years (annualised) | +6.92% |
NBRRX Annual Returns
Calendar-year total returns of Neuberger Berman Mid Cap Intrinsic Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.61% |
| 2025 | +10.54% |
| 2024 | +8.53% |
| 2023 | +10.53% |
| 2022 | −10.15% |
| 2021 | +31.84% |
| 2020 | −4.49% |
| 2019 (Sep–Dec) | +8.49% |
NBRRX 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 | +3.3% | +2.6% | −5.8% | +7.7% | +4.7% | — | — | — | — | — | — | — |
| 2025 | +2.6% | −4.3% | −5.7% | −3.2% | +5.6% | +3.6% | +2.3% | +4.1% | +3.0% | −0.2% | +1.6% | +1.4% |
| 2024 | −1.7% | +3.8% | +4.1% | −5.5% | +4.3% | −1.2% | +4.3% | −0.8% | +0.7% | −1.4% | +8.0% | −5.3% |
| 2023 | +7.3% | −2.4% | −3.6% | −0.6% | −5.4% | +8.8% | +4.8% | −4.3% | −3.7% | −3.9% | +6.7% | +8.1% |
| 2022 | −3.2% | +1.2% | +2.0% | −6.3% | +2.1% | −10.7% | +8.0% | −2.4% | −10.4% | +12.5% | +4.0% | −4.8% |
| 2021 | +2.3% | +8.9% | +6.0% | +3.3% | +3.9% | −0.4% | −2.7% | +0.9% | −1.7% | +4.2% | −2.6% | +6.9% |
| 2020 | −4.7% | −11.8% | −29.4% | +14.9% | +6.8% | +0.4% | +1.1% | +4.2% | −3.4% | −0.1% | +19.5% | +7.6% |
| 2019 | — | — | — | — | — | — | — | — | +4.2% | −0.7% | +1.8% | +3.0% |
NBRRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.18%
- 3-year Sharpe ratio: 0.78 (vs 4.5% risk-free rate)
- Best month: +8.81% (Jun 2023)
- Worst month: −5.76% (Mar 2026)
NBRRX Fund Flows
Monthly money in and out of Neuberger Berman Mid Cap Intrinsic Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.8M
- 12-month gross sales (incl. reinvestments): $6.4M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $39K | $167K | −$127K |
| Apr 2026 | $296K | $1.1M | −$781K |
| Mar 2026 | $147K | $375K | −$228K |
| Feb 2026 | $44K | $271K | −$227K |
| Jan 2026 | $177K | $1.1M | −$973K |
| Dec 2025 | $5.2M | $1.6M | $3.6M |
| Nov 2025 | $15K | $861K | −$847K |
| Oct 2025 | $114K | $1.6M | −$1.5M |
| Sep 2025 | $31K | $1.5M | −$1.5M |
| Aug 2025 | $144K | $802K | −$658K |
| Jul 2025 | $49K | $1.3M | −$1.3M |
| Jun 2025 | $99K | $325K | −$226K |
NBRRX Assets Under Management
Net assets of Neuberger Berman Mid Cap Intrinsic Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $53.90M |
| 2026-02-28 | $51.82M |
| 2025-11-30 | $50.87M |
| 2025-08-31 | $52.38M |
| 2025-05-31 | $49.47M |
| 2025-02-28 | $53.41M |
| 2024-11-30 | $60.38M |
| 2024-08-31 | $57.00M |
| 2024-05-31 | $55.87M |
| 2024-02-29 | $55.44M |
| 2023-11-30 | $53.41M |
| 2023-08-31 | $55.03M |
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.