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About Neuberger Berman ETF Trust Neuberger Berman Global Real Estate ETF

NBGR seeks total return by investing in a global basket of real estate securities. The portfolio maintains at least 40% of its assets in foreign investments. Securities include real estate stocks and related securities, as well as real estate debt, which is capped at 20%. The credit rating on the debt must be at least B or higher at the time of purchase. The fund defines real estate firms as those with at least 50% of their revenue derived from or assets invested in real estate. Investments are made based on fundamental analysis, with consideration of ESG factors when relevant. Each company undergoes evaluation based on its financial health, industry position, growth potential, earnings estimates, and the quality of its management. The strategy is long-term in nature. However, it may divest in response to various factors, including unexpected underperformance, more compelling opportunities, shifts in market outlook, reaching target prices, or more attractive opportunities. On October 16, 2023, the fund converted into an ETF structure with $2.39 million in assets.