NBETNeuberger Energy Transition & Infrastructure ETF

Grow my money4y track recordRanked #2,115 of 2,960 in this goal

Seeks total return through growth and income.

By Neuberger Berman · Launched 2022

Annual Cost

0.65%

#3,297 of 5,562 · average

Fund Size

$44M

#3,684 of 5,562 · mid-size

Return (1Y)Goal

+21.0%

Track Record

4 years

#2,663 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,034+20.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Sector

Energy

Focus

Real Assets, Clean Energy

What it actually holds

By weight

Concentration

Top 10 holdings = 55.4% of fundmoderately concentrated

Targa Resources Corp

8.6%

Energy Transfer LP

6.8%

Enterprise Products Partners LP

6.6%

DT Midstream Inc

6.0%

Williams Cos Inc/The

5.6%

Cheniere Energy Inc

5.4%

Western Midstream Partners LP

4.5%

Clearway Energy Inc

4.2%

Antero Resources Corp

3.9%

Antero Midstream Corp

3.8%

Asset allocation

Stocks

98.8%

Cash

1.2%

By sector

Energy

88.7%

Utilities

9.0%

Industrials

2.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.6%Moderate

Year-on-year price swings

Max drawdown

-18.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.84Decent risk-adjusted returns

Sortino (3Y)

1.15Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return through growth and income.
Strategy: Invests primarily in equity securities of energy transition and infrastructure companies, including those involved in renewable energy, utilities, and energy infrastructure. The Fund may invest in companies of any market capitalization and may also invest up to 20% of its net assets in non-related securities. The Portfolio Managers utilize proprietary research to identify companies with stable cash flows and strong financials. The Fund is non-diversified and will not change its strategy without 60 days notice to shareholders.
Inception date: April 6, 2022
Fund family: Neuberger Berman