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Neuberger Berman Focus Trust

NBFCX · NASDAQ

Market closed$35.19$-0.400000 (-1.12%)

Key statistics

Previous close$35.59
Open$35.19
Day high$35.19
Day low$35.19
52-week high$37.54
52-week low$29.87
Market cap839.69M
Volume—
Average volume—
P/E ratio21.80
Forward P/E—
EPS1.61
Dividend yield0.00%

Market context

Why it moved

NBFCX edged lower as broader market sentiment remained cautious amid rising crude oil prices driven by the ongoing Strait of Hormuz standoff, weighing on the non-bank financial services segment despite otherwise positive underlying credit growth trends for NBFCs.

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What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Neuberger Berman Focus Trust edged lower in premarket trading as broader asset management sentiment remains mixed. While the financial sector is buoyed by blowout Q2 earnings from Goldman Sachs, JPMorgan, Citigroup, and Bank of America — driven by record trading revenues and a 55% surge in investment banking fees — Morningstar notes that financial stocks have underperformed the broader market over the past year amid concerns over AI disruption to financial services and cracks in private credit. Cooler-than-expected June CPI data (3.5% vs. 3.8% forecast) and Fed Chair Warsh's constructive economic remarks provided a supportive macro backdrop, though geopolitical risks from renewed US-Iran tensions and rising oil prices temper optimism.

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July 9, 2026Neuberger Berman Focus Trust closed essentially flat amid a volatile macro backdrop driven by renewed U.S.-Iran military strikes that have rattled equity markets and reignited inflation concerns. The Financial Select Sector ETF (XLF) also held steady despite broader market uncertainty, as investors look ahead to the Q2 bank earnings season kicking off July 14 with JPMorgan, Citigroup, and others—where S&P 500 Finance sector earnings are expected to grow ~12.7% year-over-year.

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July 7, 2026Neuberger Berman Focus Trust closed marginally lower in a broadly cautious session for financial services, as the XLF sector ETF also slipped modestly in after-hours trading. Macro headwinds weighed on asset managers, with the 30-year Treasury yield trading above the psychologically significant 5% level and Fed Chair Kevin Warsh's first FOMC meeting minutes due Wednesday, keeping rate-sensitive investors on edge. The S&P 500 ended the day lower amid geopolitical uncertainty surrounding the NATO Summit in Ankara and lingering concerns over elevated inflation, creating a challenging backdrop for diversified asset management funds.

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July 2, 2026Neuberger Berman Focus Trust is declining alongside broader asset management sector pressure, as Q1 earnings results across the industry showed mixed performance with peer firms averaging an 8.9% decline since reporting — including notable drops from Carlyle (-16.2%), Blackstone (-7.7%), and Artisan Partners (-9.4%). Adding to the cautious tone, markets are on edge ahead of the June nonfarm payrolls report, with futures subdued and chipmakers selling off after AI efficiency reports raised demand concerns. The financial sector (XLF) is also trading below recent averages amid ongoing Fed rate uncertainty and US-Iran geopolitical tensions.

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Private Debt Investor · August 21, 2025Neuberger Berman launches its first asset-based interval fundPR Newswire · August 20, 2025NEUBERGER LAUNCHES FIRST INTERVAL FUND, PROVIDING PRIVATE CREDIT SOLUTIONS TO INVESTORSBloomberg.com · August 20, 2025Neuberger Berman Launches First Private Credit Interval FundSecondaries Investor · July 23, 2025Neuberger Berman’s Ben Perl: Diversified deployment key to latest GP-led fundInvestmentNews · June 26, 2025Neuberger Berman adds tax-managed long-short strategy to custom direct investing platformWSJ · June 5, 2025Neuberger Berman Collects Over $4 Billion for GP-Led Secondary Deals

Peers

S&P 500SPX · $7,457.69-1.01%Applied Finance Explorer fund Investor ClassAFDVX · $27.25-0.66%American Century One Choice Portfolio: Conservative Investor ClassAOCIX · $14.13-0.28%American Century One Choice Agrsv InvAOGIX · $18.30-0.71%American Century One Choice 2050 Ptf Investor ClassARFVX · $15.68-0.63%Artisan Mid Cap Value Fd Investor ShsARTQX · $15.86-0.69%Clarkston Partners Fund Institutional ClassCISMX · $13.76-1.22%T. Rowe Price International Eq IndexPIEQX · $21.84-0.46%T. Rowe Price European StockPRESX · $26.37-0.57%Transamerica International Sm Cp Val ITISVX · $19.34-0.77%Transamerica Small/Mid Cap Value ITSVIX · $31.33-0.85%