Neuberger Small-Mid Cap ETF (NBSM)

The Neuberger Small-Mid Cap ETF is an actively managed equity fund from Neuberger, formerly Neuberger Berman. It invests in U.S. small- and mid-capitalization companies with the aim of long-term capital growth.

The managers emphasize high-quality businesses, looking for companies with solid balance sheets, strong returns on capital, and durable competitive positions, and they build the portfolio through fundamental research rather than tracking an index. The fund trades on NYSE Arca.