NDGAX

About NDGAX

Neuberger Berman Dividend Growth Fund Class A is an open-end mutual fund focused on equity income, managed by Neuberger Berman Investment Advisers. Its primary objective is to achieve long-term capital appreciation while generating current income, primarily by investing at least 80% of its assets in dividend-paying equity securities. The fund employs a bottom-up approach, emphasizing the selection of high-quality companies with strong business models, robust cash flow generation, and a proven record or potential for consistent dividend growth. Holdings span various sectors, with notable concentrations in technology and healthcare, and typically include established “dividend champions” and companies poised to accelerate or initiate dividend payments. The fund seeks to provide investors with a combination of growth potential and a moderate income stream, making it a relevant choice for those aiming to balance capital growth and steady dividends. It is positioned within the large blend category and incorporates risk management by maintaining sector diversification and targeting firms with sound balance sheets.