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Neuberger Berman AMT Mid-Cap Growth S
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2022-05-31
Out of 532
Mid-Cap Growth Funds
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What is this?
As of 2022-05-31
Total Fund Assets ($ Mil)
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  Investment Objective & Strategy  
The investment seeks growth of capital.
To pursue its goal, the fund normally invests at least 80% of its net assets in common stocks of mid-capitalization companies, which the adviser defines as those with a total market capitalization within the market capitalization range of the Russell Midcap® Index at the time of purchase. The fund seeks to reduce risk by diversifying among many companies, sectors and industries.
  Morningstar Category: Mid-Cap Growth
Some mid-cap growth portfolios invest in stocks of all sizes, thus leading to a mid-cap profile, but others focus on midsize companies. Mid-cap growth portfolios target U.S. firms that are projected to grow faster than other mid-cap stocks, therefore commanding relatively higher prices. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 93.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 3.1
Bullet Bonds Bonds 0.0
Bullet Cash Cash 3.9
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 25.15
Basic Materials 2.14
Consumer Cyclical 15.23
Financial Services 5.94
Real Estate 1.84
Sensitive 57.60
Communication Services 1.04
Energy 5.33
Industrials 17.82
Technology 33.41
Defensive 17.25
Consumer Defensive 3.00
Healthcare 14.25
Utilities 0.00
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 82
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 20.04
Turnover % (as of 2021-12-31) 47.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Palo Alto Networks Inc --- 2.49
Cintas Corp 35.25 2.33
Devon Energy Corp 14.00 2.22
Avantor Inc 36.41 2.06
United Rentals Inc 14.01 2.03
Waste Connections Inc --- 1.89
Monolithic Power Systems Inc 78.33 1.83
BJ's Wholesale Club Holdings Inc 17.43 1.75
ON Semiconductor Corp 18.67 1.74
Antero Resources Corp --- 1.70
Data through 2022-05-31
  Principal Risks   
Lending, Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Temporary Defensive Measures, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Other, Pricing, Increase in Expenses, Shareholder Activity, Management, Mid-Cap
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  Other Information
Inception Date: 2003-02-18
Portfolio Manager(s)
Kenneth J. Turek   (2003-01-02)
Turek is a vice present of NBMI and managing director of Neuberger Berman , LLC. He joined the firm in 2002. Previously, he spent five years as a vice president and senior portfolio manager in institutional asset management at Northern Trust. Additionally, he was a portfolio manager at National Investment Services and Chief Investment Officer at ColeTaylor Bank. Mr. Turek holds a BA from the University of Wisconsin at Madison and an MBA from DePaul University. He holds the Chartered Financial Analyst designation.
Trevor L. Moreno   (2020-01-31)
Trevor Moreno, CFA, Senior Vice President, joined the firm in May of 2014. Trevor is a Portfolio Manager on the Small Cap Growthstrategy and a Associate Portfolio Manager on the Mid Cap Growth strategy. In addition, he is a Research Analyst for the Growth Equity Group, coveringthe Information Technology sector for both small cap growth and mid cap growth. Prior to joining the firm, he held assistant portfolio manager and analyst positions at Wells Capital Management and Strong Capital Management before that. He began his career at Parker Hannifin Corporation as a staff accountant and a financial analyst. He earned a BS in Accounting and Finance from the Kelley School of Business at Indiana University, as well as an MBA from the Kelley School of Business at Indiana University. Trevor has been awarded the Chartered Financial Analyst designation.
Chad A. Bruso   (2020-01-31)
Chad A. Bruso, CFA, Senior Vice President, joined the firm in 2006. Chad is part of the Growth Equity Group which is responsible for Neuberger Berman’s Mid Cap Growth and Small Cap Growth strategies. He is an Associate Portfolio Manager on Small Cap Growth and Senior Research Analyst covering the Industrial and Consumer sectors for Mid Cap Growth. Prior to joining the firm, he was both a vice president and transportation analyst at Morgan Stanley. Chad began his career as a senior consultant at Arthur Andersen. He earned a Bachelor of Finance from the University of Illinois at Urbana-Champaign. Chad has been awarded the Chartered Financial Analyst designation.
Jennifer Blachford   (2021-12-20)
Jennifer Blachford, Senior Vice President, joined the firm in 2019. Jennifer is part of the Growth Equity Group which is responsible for Neuberger Berman’s Mid Cap Growth and Small Cap Growth strategies. She is a Senior Research Analyst covering the Healthcare sector for Small Cap and Mid Cap Growth. Prior to joining, Jennifer served in a variety of senior roles including Portfolio Manager at Arcoda Capital Management. Jennifer began her career in 1998 as an analyst at Suffolk Capital Management. She earned an AB from Princeton University.
Investment Advisor(s)
Neuberger Berman Investment Advisers LLC
Neuberger Berman
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