NGDRX Fees and Costs — Neuberger Berman Large Cap Growth Fund, Class R3
Data updated: 2026-07-27
The net expense ratio is 1.30%: a 0.72% management fee, a 0.50% 12b-1 fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $260K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 30%.
NGDRX Fees and Expenses
Annual operating expenses and sales charges of NGDRX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| 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 |
NGDRX Costs Over Time
On $10,000 invested in NGDRX, assuming 5% a year before costs, total costs come to $815 over 5 years, cutting the return by 1.38% 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 1.30%) | $136 | $425 | $734 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $449 | $815 |
| Value after costs | $10,362 | $11,127 | $11,948 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
NGDRX 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): 0.0103%
- Total broker commissions: $260K
- Bought from dealers (principal trades, not a cost): $529.7M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $10.5M
- Net income from securities lending: $17K (0.001% of average net assets)
NGDRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $26K | 14.03% |
| National Financial Services LLC | $25K | 13.24% |
| Morgan Stanley & Co. LLC | $25K | 13.23% |
| BofA Securities, Inc. | $24K | 12.60% |
| BMO Capital Markets Corp. | $17K | 9.28% |
| Goldman Sachs & Co. LLC | $17K | 8.89% |
| Citigroup Global Markets Inc. | $15K | 7.70% |
| BNY Capital Markets, LLC | $14K | 7.17% |
| Barclays Capital Inc. | $13K | 7.07% |
| Raymond James & Associates, Inc. | $13K | 6.79% |
NGDRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $519.0M | 97.98% |
| J.P. Morgan Securities LLC | $6.3M | 1.18% |
| Morgan Stanley & Co. LLC | $1.8M | 0.34% |
| Goldman Sachs & Co. LLC | $1.1M | 0.21% |
| Barclays Capital Inc. | $829K | 0.16% |
| BNY Capital Markets, LLC | $391K | 0.07% |
| Jefferies LLC | $281K | 0.05% |
| Citigroup Global Markets Inc. | $33K | 0.01% |
Neuberger Berman Large 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 |
|---|---|---|---|
| NGRDX | Class R6 | 0.55% | — |
| NGDLX | Institutional Class | 0.65% | none |
| NGUAX | Investor Class | 0.80% | — |
| NBGTX | Trust Class | 1.00% | — |
| NGDAX | Class A | 1.02% | 5.75% |
| NGDRX | Class R3 | 1.30% | — |
| NBGUX | Advisor Class | 1.40% | — |
| NGDCX | Class C | 1.76% | 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.