NBGR | Global Real Estate ETF
ETFs | Real Assets
NBGR | Global Real Estate ETF
NET ASSET VALUE
$30.08
1 DAY NAV CHANGE
$-0.21
(-0.68%)YTD RETURN
10.53%
NBGR began as the Neuberger Berman Global Real Estate Fund (Predecessor Fund), an open-end mutual fund which had operated since December 30, 2014. Effective As of the close of business on October 13, 2023, NBGR acquired the Predecessor Fund's assets and liabilities, and assumed its performance, financial and other historical information.
Why Invest
Differentiated Process
Proprietary investment approach that incorporates both top-down macroeconomic analysis and bottom-up real estate analysis
Reliable Inflation Hedge
We believe REITs are well positioned for a potential conclusion of the Federal Reserve's tightening cycle and could deliver attractive returns with inflation above 2%
Potential Diversification Benefits
Global REITs have historically had low correlations to other asset classes and potentially provide attractive relative returns over a full economic cycle
Global, Experienced Team
Experienced global portfolio managers use on-site knowledge of global commercial real estate sectors and regions to identify market inefficiencies and generate alpha
Fund Facts
Ticker: NBGR
CUSIP: 64135A606
Gross Expense Ratio1: 6.96%
Net Expense Ratio1: 0.75%
ETF Listing Date: 10/16/2023
Predecessor Fund Inception Date: 12/30/2014
Returns & Distributions
- Daily
- Month End
- Quarter End
- Calendar Year
Performance data shown represents past performance and is no guarantee of future results. Past performance, particularly for brief periods of time, are not indicative of future returns. Performance will vary over time and over various market conditions. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Return information shown for less than one year is cumulative, not annualized.
Prior to close of business on 10/13/2023, the ETF operated as an open-end mutual fund. The NAV returns include returns of the Institutional Class Shares of the Predecessor Fund prior to the ETF's commencement of operations. Market price returns are calculated using the official closing price of the Fund on the listing exchange.
Prior to the ETF's listing on 10/16/2023, the NAV performance of the ETF and the Institutional Class Shares of the Predecessor Fund are used as proxy market price returns.
The quoted performance of the ETF includes performance of the Institutional Class shares of the Predecessor Fund prior to the ETF's commencement of operations. The ETF has the same investment objective, strategy, restrictions and portfolio managers as the Predecessor Fund. Please refer to the current prospectus for additional information.
The market price is the official closing price as of the closing time of the NYSE Arca (typically 4 p.m., Eastern time). The net asset value (NAV) is determined as of the closing time of the NYSE (typically 4 p.m., Eastern time).
Indices do not take into account any fees or expenses of investing in the individual securities that they track. Individuals cannot invest directly in any index.
- Top 10 Holdings
- Geographic Breakdown
Net Asset Value is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. ETF investors should not expect to buy or sell shares at NAV.
Premium/Discount: The amount the Fund’s closing price is trading above or below the reported NAV, expressed as a percentage of the NAV. When the Fund’s closing price is greater than the Fund’s NAV, it is said to be trading at a “premium” and the percentage is expressed as a positive number. When the Fund’s closing price is less than the Fund’s NAV, it is said to be trading at a “discount” and the percentage is expressed as a negative number.
30 Day Bid/Ask Spread: The median bid-ask spread (expressed as a percentage rounded to the nearest hundredth) is calculated by identifying the national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified.
30-Day Average Volume (Shares): The average number of shares traded in a security across all U.S. exchanges over the last 30 calendar days. Because ETFs trade like stocks at current market prices, shareholders may pay more than a Fund’s NAV when purchasing fund shares and may receive less than a Fund’s NAV when selling Fund shares. The premium and discount information contained on this website represents past performance and cannot be used to predict future results.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers and/or expense reimbursement). The investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.74% of average net assets through 8/31/2027. Absent such arrangements, which cannot be changed without Board approval, the returns may have been lower. Information as of most recent prospectus dated 12/18/2023, as amended and supplemented. Please see the Fund’s prospectus for additional details.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers and/or expense reimbursement). The investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.74% of average net assets through 8/31/2027. Absent such arrangements, which cannot be changed without Board approval, the returns may have been lower. Information as of most recent prospectus dated 12/18/2023, as amended and supplemented. Please see the Fund’s prospectus for additional details.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers and/or expense reimbursement). The investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.55% of average net assets through 8/31/2027. Absent such arrangements, which cannot be changed without Board approval, the returns may have been lower. Information as of most recent prospectus dated 1/12/2024, as amended and supplemented. Please see the Fund’s prospectus for additional details.
Net expense ratio represents the total annual operating expenses that shareholders pay (after the effect of fee waivers and/or expense reimbursement). The investment manager has contractually undertaken to waive and/or reimburse certain fees and expenses so that the total annual operating expenses (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) of the Fund are limited to 0.55% of average net assets through 8/31/2027. Absent such arrangements, which cannot be changed without Board approval, the returns may have been lower. Information as of most recent prospectus dated 1/12/2024, as amended and supplemented. Please see the Fund’s prospectus for additional details.
