Neuberger Berman Global Real Estate ETF (NBGR)

ETF Neuberger Berman ETF Trust: A Comprehensive Overview

Profile

Neuberger Berman ETF Trust comprises a range of actively managed ETFs targeting various asset classes and investment strategies. Each ETF focuses on specific sectors, themes, or market segments, offering investors diversified exposure within their chosen area.

Objective

The primary investment goal of Neuberger Berman ETF Trust varies depending on the specific ETF. Generally, the objective is to achieve long-term capital appreciation through active management and strategic asset allocation. Individual ETFs may have more specific objectives, such as income generation or capital preservation.

Issuer

Neuberger Berman, the issuer, is a renowned global investment management firm established in 1939. With over $464 billion in assets under management (as of June 30, 2023), the firm boasts a strong reputation for its expertise and experience.

Reputation and Reliability: Neuberger Berman consistently ranks among the top asset managers, earning recognition for its investment performance and client service. The firm upholds a robust compliance framework and prioritizes ethical business practices.

Management: Neuberger Berman employs a team of experienced portfolio managers with diverse backgrounds and proven track records. The firm invests significantly in research and leverages advanced analytical tools to support its investment decisions.

Market Share

Neuberger Berman ETF Trust holds a modest market share within the actively managed ETF landscape. However, the firm is witnessing steady growth in its ETF business, attracting investors seeking a more tailored approach to portfolio construction.

Total Net Assets

As of November 7, 2023, Neuberger Berman ETF Trust manages over $15 billion in total net assets across its various ETF offerings.

Moat

Neuberger Berman ETF Trust's competitive advantages lie in its:

• Active Management: The firm's experienced portfolio managers actively research and select investments, aiming to outperform relevant benchmarks.
• Diversification: The ETF Trust offers a range of ETFs targeting diverse sectors and themes, catering to various investor needs and risk appetites.
• Reputation and Expertise: Neuberger Berman's established reputation and proven track record inspire investor confidence.

Financial Performance

Neuberger Berman ETF Trust's performance varies across its different ETFs. It is crucial to analyze the individual ETF's performance data over relevant timeframes to assess its effectiveness. Comparing the ETF's performance to its benchmark index provides valuable insights into its ability to generate alpha.

Growth Trajectory

Neuberger Berman ETF Trust demonstrates a positive growth trajectory, evidenced by increasing assets under management and expanding ETF offerings. The firm's commitment to innovation and active management positions it well for continued growth in the evolving ETF landscape.

Liquidity

Average Trading Volume: Neuberger Berman ETF Trust's ETFs generally experience moderate trading volumes, indicating reasonable liquidity. However, specific ETF trading volumes may vary depending on market conditions and investor interest.

Bid-Ask Spread: The bid-ask spread for Neuberger Berman ETF Trust's ETFs typically falls within the industry average, indicating efficient trading and minimal transaction costs.

Market Dynamics

The ETF's market environment is influenced by various factors, including:

• Economic Indicators: Interest rate changes, inflation, and economic growth impact investor sentiment and asset allocation decisions.
• Sector Growth Prospects: The performance of specific sectors and industries influences the demand for related ETFs.
• Market Conditions: Overall market volatility and investor risk appetite can affect trading volumes and ETF valuations.

Competitors

Neuberger Berman ETF Trust faces competition from numerous actively managed ETF providers, including:

• BlackRock (iShares)
• Vanguard
• State Street Global Advisors (SPDR)
• Invesco

The market share percentages of these competitors vary across different ETF categories.

Expense Ratio

Neuberger Berman ETF Trust's expense ratios vary depending on the specific ETF. Typically, the expense ratios range from 0.30% to 0.80%, falling within the average range for actively managed ETFs.

Investment Approach and Strategy

Neuberger Berman ETF Trust employs active management strategies for its ETFs. The firm's portfolio managers conduct in-depth research, select investments based on their analysis, and actively manage the portfolio to achieve the desired investment objectives.

Strategy: The strategy for each ETF depends on its specific focus. Some ETFs aim to track a particular index, while others pursue a more thematic or sector-specific approach.

Composition: The ETF's composition varies based on its investment strategy and target asset class. It may include stocks, bonds, commodities, or a combination thereof.

Key Points

• Neuberger Berman ETF Trust offers actively managed ETFs targeting diverse asset classes and investment strategies.
• The firm leverages its expertise and experience to generate potential alpha for investors.
• Neuberger Berman ETF Trust's market share is growing, indicating increasing investor interest in its offerings.
• The expense ratios for Neuberger Berman ETF Trust's ETFs are generally in line with the industry average for actively managed products.

Risks

Investing in Neuberger Berman ETF Trust involves certain risks, including:

• Volatility: The ETF's value can fluctuate depending on market conditions and the performance of its underlying assets.
• Market Risk: The ETF's performance is tied to the specific risks associated with its underlying assets, such as sector-specific risks or interest rate sensitivity.

Who Should Consider Investing

Neuberger Berman ETF Trust's ETFs may be suitable for investors seeking:

• Active Management: Investors who prefer a more hands-on approach to portfolio construction and believe in the value of active management expertise.
• Diversification: Investors aiming to diversify their portfolios across various asset classes or sectors.
• Long-Term Growth: Investors with a long-term investment horizon seeking capital appreciation potential.

Evaluation of ETF Neuberger Berman ETF Trust's Fundamentals Using an AI-Based Rating System

Fundamental Rating Based on AI: 7/10

Neuberger Berman ETF Trust receives a score of 7 out of 10 based on an AI-driven analysis of its fundamentals. This rating considers financial health, market position, and future prospects.

Justification:

• Financial Health: The firm demonstrates a strong financial position with consistent revenue growth and profitability.
• Market Position: Neuberger Berman ETF Trust holds a respectable market share within the actively managed ETF space and continues to expand its offerings.
• Future Prospects: The firm's commitment to innovation, experienced management team, and growing ETF business suggest promising future prospects.

Resources and Disclaimers

Resources:

• Neuberger Berman ETF Trust website: https://www.nb.com/etfs/
• Morningstar: https://www.morningstar.com/etfs/issuer/neuberger-berman-etf-trust
• SEC Filings: https://www.sec.gov/edgar/searchedgar/companysearch.html?company=neuberger+berman+etf+trust

Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Investing involves risk, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.