Fund Evaluator:
Neuberger Genesis Inv (NBGNX)
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Best Performing in Small Growth Over the Last Year
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Fund Details
Neuberger Genesis Inv Overview
Neuberger Genesis Inv (NBGNX) is an actively managed U.S. Equity Small Growth fund. Neuberger Berman launched the fund in 1988.
The investment seeks growth of capital. The fund invests mainly in common stocks of small-capitalization companies, which it defines as those with a total market capitalization within the market capitalization range of companies in the Russell 2000® Index at the time of initial purchase. It may continue to hold or add to a position in a company after its market capitalization has moved outside the range of the Russell 2000® Index. The fund seeks to reduce risk by diversifying among many companies and industries.
About Neuberger Genesis Inv (NBGNX)
There are 3 members of the management team with an average tenure of 20.30 years: Brett Reiner (2005), Gregory Spiegel (2015), Robert D'Alelio (1997). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2000 TR USD index with a weighting of 100%. Neuberger Genesis Inv has 109 securities in its portfolio. The top 10 holdings constitute 17.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Neuberger Genesis Inv is part of the Equity global asset class and is within the U.S. Equity fund group. Neuberger Genesis Inv has 3.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.4%. There is 3.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Neuberger Genesis Inv has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is above the $454 million average for the Small Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NBGNX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Neuberger Genesis Inv expense ratio is high compared to funds in the Small Growth category. Neuberger Genesis Inv has an expense ratio of 0.99%, which is 16% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Neuberger Genesis Inv has a portfolio turnover rate of 23%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 76% for the Small Growth category.
Recently, in the month of June 2026, Neuberger Genesis Inv returned 7.4%, which earned it a grade of B, as the Small Growth category had an average return of 6.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Neuberger Genesis Inv has a trailing yield of 0.20%, which is above the 0.07% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Neuberger Genesis Inv Grades
Year to date, the fund has returned 14.0%, 8.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.8% over the past year (grade of F), 6.9% over the past three years (grade of F) and 3.8% per year over the past five years (grade of C) and 9.8% per year over the past 10 years (grade of F).
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NBGNX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NBGNX Return (NAV) | 7.4% | 13.0% | 13.8% | 6.9% | 3.8% | 9.8% |
| NBGNX Grade | B | F | F | F | C | F |
| +/- Category | 0.9% | -11.7% | -19.9% | -9.4% | -0.8% | -2.7% |
| Small Growth Avg | 6.5% | 24.7% | 33.7% | 16.4% | 4.6% | 12.5% |
| NBGNX Tax Cost Ratio | na | na | 3.3% | 1.5% | 1.9% | 2.0% |
NBGNX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NBGNX Return (NAV) | 14.0% | -4.7% | 9.0% | 15.6% | -19.3% | 18.2% | 24.8% | 29.4% | -6.7% | 15.6% | 18.1% |
| NBGNX Grade | F | F | F | C | A | A | F | C | D | F | A |
| +/- Category | -8.1% | -12.7% | -6.5% | -1.1% | 8.7% | 7.7% | -17.0% | -0.4% | -2.5% | -8.5% | 7.9% |
| Small Growth Avg | 22.1% | 8.0% | 15.5% | 16.7% | -27.9% | 10.5% | 41.8% | 29.9% | -4.1% | 24.1% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 17.2% |
| Total Risk Index: | 1.42 - High |
| Category Risk Index: | 0.86 - Low |
| Category Risk Grade: | A (14% Rank) |
| Beta: | 0.92 |
| R-Squared: | 49% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $7747 Mil |
| Fund Total Assets: | $1,395 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 23% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 28.9 years | |||
| Average Tenure: 20.3 years | |||
| Managers (Year): D'Alelio Robert (1997), Reiner Brett (2005), Spiegel Gregory (2015) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 109 |
| % in Top 10 Holdings: | 17.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.0% |
Portfolio Allocation |
|
| Domestic Stock: | 96.4% |
| Foreign Stock: | 3.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | Neuberger Berman |
| Phone Number: | 800-877-9700 |
| Website: | www.nb.com |
| Status: | Open |
| Inception Date: | September 27, 1988 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.99% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.18% |
| Share Class: | Neuberger Genesis Inv |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 0 |
