Neuberger Berman Real Estate Fund (NREAX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.10: the stock has moved about 10% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerNeuberger Berman Real Estate Fund (NREAX) trades at $14.11. Neuberger Berman Real Estate Fund (NREAX) focuses on investing in real estate investment trusts (REITs) and other real estate companies. Sector: Real estate.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for NREAX: NREAX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Neuberger Berman Real Estate Fund (NREAX) Real Estate Portfolio & Strategy
Neuberger Berman Real Estate Fund (NREAX) is a non-diversified fund specializing in REITs and real estate companies, allocating at least 80% of its assets to equity securities and up to 20% to debt securities. It competes with other real estate funds, focusing on companies deriving a majority of their revenue or assets from real estate.
What Is the Investment Thesis for NREAX?
NREAX presents an investment opportunity for those seeking exposure to the real estate sector through a fund actively investing in REITs and real estate companies. A key value driver is the potential for income generation through REIT dividends and capital appreciation from equity investments. The fund's non-diversified nature could amplify returns if its concentrated investments perform well. However, this concentration also introduces higher risk. Investors should monitor the fund's performance relative to its benchmark and consider the impact of interest rate changes on REIT valuations. The fund's beta of 1.10 indicates it is more volatile than the market.
Based on FMP financials and quantitative analysis
NREAX Key Highlights
NREAX invests at least 80% of its net assets in equity securities of REITs and real estate companies, providing focused exposure to the real estate market.
- The fund may allocate up to 20% of its net assets to debt securities of real estate companies, offering a potential source of income.
- As a non-diversified fund, NREAX concentrates its investments, potentially leading to higher returns but also increased risk.
- NREAX has a beta of 1.10, indicating that it is more volatile than the overall market.
- The fund has a market cap of $0.50 billion, reflecting its size and scale within the real estate fund landscape.
Who Are NREAX's Competitors?
NREAX is benchmarked below against 4 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ARYCX American Century Real Estate Fund | $26.23 | +0.96% | $474M | — |
| FIREX Fidelity International Real Estate Fund | $9.32 | +0.98% | $287M | — |
| JERCX Janus Henderson Global Real Estate Fund | $11.96 | +0.84% | $310M | — |
| BEEP Mobile Infrastructure Corporation | $2.79 | -2.11% | $117M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NREAX's Key Strengths?
Focus on REITs and real estate companies provides targeted exposure to the sector.
- Potential for income generation through REIT dividends.
- Experienced management team at Neuberger Berman.
- Flexibility to invest in both equity and debt securities.
What Are NREAX's Weaknesses?
Non-diversified nature increases risk.
- Performance is highly dependent on the real estate market.
- Vulnerable to interest rate fluctuations.
- Lack of dividend payments.
What Are the Key Risks for NREAX?
Economic downturns impacting the real estate market.
- Rising interest rates reducing REIT valuations.
- Increased competition from other real estate funds.
- Regulatory changes affecting the real estate industry.
What Are NREAX's Competitive Advantages?
- Established Brand: Neuberger Berman is a well-known and respected asset management firm.
- Experienced Management Team: The fund is managed by experienced professionals with expertise in real estate investing.
- Access to Research: Neuberger Berman has access to proprietary research and market insights.
What Does NREAX Do?
Neuberger Berman Real Estate Fund (NREAX) is designed to provide investors exposure to the real estate market through a portfolio primarily composed of real estate investment trusts (REITs) and other real estate-related companies. The fund strategically invests at least 80% of its net assets in equity securities issued by REITs and common stocks of companies that derive at least 50% of their revenue or hold at least 50% of their assets in real estate. This focus allows the fund to capture the performance of the real estate sector, including commercial, residential, and industrial properties. The fund can allocate up to 20% of its net assets to debt securities issued by real estate companies, providing additional diversification and potential income. As a non-diversified fund, NREAX can concentrate its investments in a smaller number of holdings, which may lead to higher potential returns but also increased risk. The fund's investment strategy is managed by Neuberger Berman, a well-established asset management firm. NREAX operates primarily within the United States, targeting real estate companies and REITs listed on U.S. exchanges.
What Products and Services Does NREAX Offer?
- Invests primarily in equity securities of Real Estate Investment Trusts (REITs).
- Allocates a portion of its assets to common stocks of real estate companies.
- May invest up to 20% of its net assets in debt securities of real estate companies.
- Focuses on companies that derive at least 50% of their revenue from real estate.
- Targets companies with at least 50% of their assets in real estate.
- Operates as a non-diversified fund, concentrating its investments.
How Does NREAX Make Money?
- Generates returns through capital appreciation of equity investments in REITs and real estate companies.
- Earns income from dividends paid by REITs and other real estate companies.
- Potentially generates income from interest payments on debt securities of real estate companies.
What Industry Does NREAX Operate In?
NREAX operates within the real estate investment fund industry, which is influenced by factors such as interest rates, economic growth, and demographic trends. The industry includes various types of funds, including those focused on specific property types (e.g., residential, commercial) or geographic regions. NREAX competes with other real estate funds, such as ARYCX, FIREX, JERCX, JERIX, and JERNX, all vying for investor capital seeking real estate exposure. The performance of these funds is closely tied to the overall health of the real estate market and the ability of fund managers to identify and capitalize on investment opportunities.
Who Are NREAX's Key Customers?
- Individual investors seeking exposure to the real estate market.
- Institutional investors looking for real estate investments.
- Retirement savers seeking diversification through real estate.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 43 snapshots
| 2026-08-23 | 50 |
| 2026-08-31 | 50 |
| 2026-09-08 | 50 |
| 2026-09-16 | 50 |
| 2026-09-24 | 50 |
| 2026-10-04 | 50 |
| 2026-10-06 | 50 |
What changed?
The score has stayed at 50.
Over the same 30 days the stock moved -6.2%.
NREAX Financials
Bull Case vs Bear Case
Bull Case
- Focus on REITs and real estate companies provides targeted exposure to the sector.
- Potential for income generation through REIT dividends.
- Experienced management team at Neuberger Berman.
- Flexibility to invest in both equity and debt securities.
Bear Case
- Non-diversified nature increases risk.
- Performance is highly dependent on the real estate market.
- Vulnerable to interest rate fluctuations.
- Lack of dividend payments.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NREAX Latest News
No recent news available for NREAX.
NREAX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NREAX.
Price Targets
Wall Street price target analysis for NREAX.
NREAX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NREAX; grades run from A+ (80-100) to F (below 30).
Neuberger Berman Real Estate Fund ADR Information Sponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. NREAX, as an ADR Level 2, represents shares of a company based in New York, US, allowing U.S. investors to invest in it without the complexities of cross-border transactions.
- Home Market Ticker: Primary stock exchange and country: United States
- ADR Level: 2
- ADR Ratio: 1:1
NREAX Real Estate Stock FAQ
What do analysts say about NREAX stock?
Investors should monitor financial news sources for updates on analyst coverage. Key metrics to watch include the fund's net asset value (NAV), expense ratio, and performance relative to its benchmark. The fund's non-diversified nature and focus on the real estate sector should also be considered.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Some data points may be incomplete.
- Competitor analysis based on FMP peer tickers. Further research may be needed.