An uptick in investor inflows and strong performance helped push its Neuberger Berman Equity Income Fund over the $1 billion milestone for the first time.

The five-year-old, mid-cap fund is managed by Tony Gleason, Richard Levine and Alexandra Pomeroy, managing directors of the MLG Group investment team. The MLG Group manages more than $5 billion in U.S. and international equity funds for institutions and individual investors.

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