Notable companies
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).
Industry description
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.
Market Cap
The average market capitalization across the Neuberger Berman Abs Ret Multi-Mgr R6 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.
Volume
The average weekly volume growth across all stocks in the Neuberger Berman Abs Ret Multi-Mgr R6 MF was -2%. For the same stocks of the MF, the average monthly volume growth was 49% and the average quarterly volume growth was 15%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 79
P/E Growth Rating: 53
Price Growth Rating: 39
SMR Rating: 46
Profit Risk Rating: 19
Seasonality Score: -12 (-100 ... +100)