NABIX Neuberger Berman Abs Ret Multi-Mgr I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Meta Platforms (NASDAQ:META), Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).

The investment seeks capital appreciation with an emphasis on absolute (i.e., positive) returns. The fund seeks to achieve its goal by allocating its assets to multiple subadvisers that employ a variety of investment strategies. The Portfolio Managers are responsible for selecting each subadviser and for determining the amount of fund assets to allocate to each subadviser. The Portfolio Managers allocate fund assets among a variety of investment strategies to subadvisers whose strategy the Portfolio Managers believe, when combined to form a single portfolio, can provide attractive risk-adjusted returns over the long term.

The average market capitalization across the Neuberger Berman Abs Ret Multi-Mgr I MF is 509.75B. The market cap for tickers in the group ranges from 12.6B to 1.24T. META holds the highest valuation in this group at 1.24T. The lowest valued company is KRTX at 12.6B.

The average weekly volume growth across all stocks in the Neuberger Berman Abs Ret Multi-Mgr I MF was -6%. For the same stocks of the MF, the average monthly volume growth was 17% and the average quarterly volume growth was 20%