NBCR ETF — Neuberger Core Equity ETF

Neuberger Core Equity ETF (NBCR)

Updated October 16, 2026.

NBCR is an ETF. its distribution rate is 0.42%, its trailing-12-month yield is 0.42%, its expense ratio is 0.29%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 37.3% over the past 2.2 years, 6.9 points behind SPY at 44.2%.

Neuberger Berman's Neuberger Core Equity ETF invests primarily in large-capitalization equity securities from the Russell 1000 Index, with portfolio managers employing security selection to seek outperformance of the index at a lower level of risk. The fund carries a modest distribution rate and an expense ratio of 0.29%. It may appeal to equity investors seeking core large-cap exposure with an active management approach.

NBCR performance versus SPY

Price and return data through 2026-10-16.

Total return is 37.3% over the past 2.2 years, 6.9 points behind SPY at 44.2%. Over the past year its total return — price change plus distributions reinvested — is 12.0%. Its deepest 1-year drawdown was 10.4%.

NBCR key facts

Distribution Safety Score™

50 · Unproven

Issuer

Neuberger Berman

Asset type

ETF

Asset class

Equity

Inception date

07/31/2024

Expense ratio

0.29%

Distribution rate

0.42%

Distribution frequency

Annual

Trailing yield

0.42%

Last close

$34.11 (as of 2026-10-16)

AUM

$856,370,172

Average volume

28243.0

Dividend

$0.143

Ex-dividend date

12/18/2025

Payment date

12/23/2025

Beta

0.9198

How Dividend Vision calculates yield and returns

Distribution rate (0.42%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.42%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Neuberger Berman; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NBCR risks and drawbacks

NBCR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.4%.

Who may consider NBCR — and who may not

It is a weaker fit for investors who need monthly cash flow (NBCR pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NBCR

• All tickers starting with N

Frequently asked questions

More securities from Neuberger Berman.