Neuberger Berman Focus Trust
NBFCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1290 Avenue Of The Americas New York NY United States of America 10104
- IPO Date
- Apr 24, 1996
- CIK
- 0000044402
- Website
- nb.com
- Similar Companies
- Business
- Neuberger Berman Focus Trust (ticker: NBFCX) is a closed-end management investment trust sponsored and managed by Neuberger Berman Investment Advisers LLC. The trust primarily invests in a focused portfolio of common stocks of mid- to large-cap companies in the United States, selected for their potential to deliver superior risk-adjusted returns through a bottom-up fundamental analysis process emphasizing sustainable competitive advantages, high returns on capital, and attractive valuations; it may also opportunistically allocate to preferred stocks, convertible securities, and other equity-linked instruments. Established in 2003 and headquartered in New York, New York, the trust operates within the asset management industry, targeting institutional and retail investors seeking income and growth from U.S. equities, with geographic focus predominantly in North America. In recent developments, the trust announced a strategic shift in late 2024 toward enhanced yield strategies amid market volatility, including a new distribution policy increasing monthly payouts by 15% effective January 2025; it also completed a rights offering in Q3 2025 raising approximately $50 million for portfolio expansion into technology and healthcare sectors, alongside a sub-advisory partnership with Neuberger Berman's sustainable investing team to integrate ESG factors into 20% of holdings.