NMGRX Performance — Neuberger Berman Mid Cap Growth Fund, Class R3
Data updated: 2026-07-27
NMGRX returned +10.14% year to date and +11.18% over one year to May 2026. Annualised returns are +17.18% over 3 years and +5.39% over 5 years. Against its US Mid-Cap Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $161, against $157 for the category, and to $111 over one year, against $119. Volatility over the past three years was 19.67% a year. In the 12 months to May 2026 the fund took in a net $482.4M, and assets reached $2.26B.
NMGRX Growth of $100
What $100 invested in Neuberger Berman Mid Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | NMGRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $111 | $119 |
| 3 years (Jun 2023 – May 2026) | $161 | $157 |
| 5 years (Jun 2021 – May 2026) | $130 | $129 |
| Since data start (Sep 2019 – May 2026) | $193 | $197 |
NMGRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.14% |
| 1 year | +11.18% |
| 3 years (annualised) | +17.18% |
| 5 years (annualised) | +5.39% |
NMGRX Annual Returns
Calendar-year total returns of Neuberger Berman Mid Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +10.14% |
| 2025 | +5.25% |
| 2024 | +23.78% |
| 2023 | +17.59% |
| 2022 | −29.08% |
| 2021 | +12.22% |
| 2020 | +38.70% |
| 2019 (Sep–Dec) | +3.68% |
NMGRX 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 | +1.8% | 0.0% | −7.0% | +9.7% | +6.0% | — | — | — | — | — | — | — |
| 2025 | +6.9% | −7.5% | −7.9% | +4.2% | +10.0% | +5.5% | +1.8% | +0.5% | +1.2% | −0.3% | −3.7% | −3.7% |
| 2024 | +2.8% | +10.2% | +1.4% | −5.9% | +1.6% | +2.0% | 0.0% | +1.1% | +3.5% | +1.1% | +12.3% | −7.1% |
| 2023 | +6.2% | −0.4% | +1.8% | −2.6% | −0.1% | +8.0% | +1.2% | −2.9% | −4.9% | −5.5% | +12.6% | +4.5% |
| 2022 | −13.0% | +0.4% | −0.2% | −10.5% | −3.5% | −8.3% | +12.6% | −2.4% | −8.9% | +4.5% | +4.4% | −6.0% |
| 2021 | +0.6% | +6.0% | −4.2% | +5.6% | −4.3% | +6.3% | +2.0% | +1.7% | −4.1% | +7.1% | −4.0% | −0.1% |
| 2020 | +1.4% | −6.0% | −14.4% | +15.0% | +10.6% | +2.3% | +7.3% | +2.8% | −0.7% | +2.1% | +12.4% | +4.1% |
| 2019 | — | — | — | — | — | — | — | — | −3.0% | +0.4% | +5.7% | +0.8% |
NMGRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 19.67%
- 3-year Sharpe ratio: 0.64 (vs 4.5% risk-free rate)
- Best month: +12.60% (Nov 2023)
- Worst month: −7.94% (Mar 2025)
NMGRX Fund Flows
Monthly money in and out of Neuberger Berman Mid Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $482.4M
- 12-month gross sales (incl. reinvestments): $948.9M
- Sales ÷ redemptions: 2.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $18.4M | $36.4M | −$18.0M |
| Apr 2026 | $163.5M | $49.3M | $114.1M |
| Mar 2026 | $47.9M | $45.6M | $2.3M |
| Feb 2026 | $55.0M | $44.6M | $10.5M |
| Jan 2026 | $56.8M | $61.4M | −$4.6M |
| Dec 2025 | $394.7M | $55.4M | $339.3M |
| Nov 2025 | $30.6M | $26.7M | $3.9M |
| Oct 2025 | $41.3M | $34.8M | $6.6M |
| Sep 2025 | $55.0M | $27.2M | $27.8M |
| Aug 2025 | $30.2M | $22.8M | $7.4M |
| Jul 2025 | $36.0M | $33.3M | $2.7M |
| Jun 2025 | $19.5M | $29.0M | −$9.5M |
NMGRX Assets Under Management
Net assets of Neuberger Berman Mid Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.26B |
| 2026-02-28 | $1.99B |
| 2025-11-30 | $2.05B |
| 2025-08-31 | $2.07B |
| 2025-05-31 | $1.91B |
| 2025-02-28 | $1.84B |
| 2024-11-30 | $1.98B |
| 2024-08-31 | $1.70B |
| 2024-05-31 | $1.67B |
| 2024-02-29 | $1.73B |
| 2023-11-30 | $1.52B |
| 2023-08-31 | $1.55B |
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.