Neuberger Long Short Fund Institutional Class (NLSIX) Fund Details & Analysis

Fund Information

Fund Category Long-Short Equity

Fund Family Neuberger Berman

Fund Style Large Blend

ISIN US64128R6080

CUSIP 64128R608

Inception Date 2011-12-29

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $8.25 Billion

Share Class Net Assets $8.08 Billion

Expense Ratio 1.27%

Expense Ratio Date 2026-02-28

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 2.74%

1-Year Return 6.28%

3-Year Return 8.07%

5-Year Return 5.70%

NAV $20.64

Previous Close Price $20.51

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Neuberger Long Short Fund Institutional Class

The fund seeks to achieve its goal primarily by taking long and short positions in the global securities markets. It uses long or short positions in common and preferred equity securities, exchange traded funds ("ETFs"), fixed income securities and restricted securities. The fund may invest in securities of, and derivative contracts on, U.S. and non-U.S. companies. Futures, swaps, forwards or options may be used in an attempt to increase returns and/or reduce risks.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 396666.70%

Giant 61.49%

Large 50.27%

Medium 16.27%

Micro 1.47%

Small 3.28%

Value & Growth Metrics

Book-Value Growth % 10.22%

Cash-Flow Growth % 14.77%

Dividend Yield % 1.15%

Historical Earnings % 14.50%

Long-Term Earnings % 11.56%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.26%	0.26%	0.00%	12.11%	0.00%
Cash	33.44%	33.44%	0.00%	59.94%	0.00%
Non US Stock	7.00%	7.98%	0.98%	31.29%	0.76%
Not Classified	1.80%	1.80%	0.00%	0.15%	0.00%
Other	2.70%	2.70%	0.00%	9.69%	0.00%
US Stock	54.80%	126.08%	71.28%	97.40%	99.24%

Top Holdings

Name	Weight	Owned	Change
State Street Institutional US Government Money Market Fund	4.25%	-	-
Microsoft Corp	4.51%	-	-
Amazon.com Inc	5.12%	-	-
Apple Inc	4.40%	-	-
Alphabet Inc	5.55%	-	-
Meta Platforms Inc	2.84%	-	-
JPMorgan Chase Co	1.99%	-	-
NVIDIA Corp	4.93%	-	-
Salesforce Inc	2.28%	-	-
FANATICS HOLDINGS INC CLASS A	1.66%	-	-
McDonald's Corp	1.89%	-	-
Broadcom Inc	1.85%	-	-
Home Depot Inc/The	1.87%	-	-
State Street Institutional U.S. Government Money Market Fund	1.90%	-	-

See the full breakdown of NLSIX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	7.40%	75.25%	94.21%	0.00%
Bond Sector	Corporate	7.40%	0.57%	5.79%	0.00%
Bond Sector	Derivative	7.40%	2.25%	0.00%	0.00%
Bond Sector	Government	7.40%	19.95%	0.00%	0.00%
Bond Sector	Municipal	7.40%	0.00%	0.00%	0.00%
Bond Sector	Securitized	7.40%	1.97%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	4.13%	0.00%	1.95%
Cyclical	Consumer Cyclical	15.41%	13.08%	0.00%	10.26%
Cyclical	Financial Services	10.77%	15.31%	0.00%	11.94%
Cyclical	Real Estate	1.30%	1.43%	0.00%	2.25%
Defensive	Consumer Defensive	3.39%	4.97%	0.00%	4.68%
Defensive	Healthcare	6.99%	9.43%	0.00%	8.76%
Defensive	Utilities	7.40%	3.52%	0.00%	2.32%
Sensitive	Communication Services	14.42%	7.07%	0.00%	10.77%
Sensitive	Energy	3.38%	4.79%	0.00%	3.59%
Sensitive	Industrials	10.21%	15.92%	0.00%	9.42%
Sensitive	Technology	26.72%	20.36%	0.00%	34.07%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.42%	-	0.19%
Americas	North America	78.38%	96.18%	99.24%
Greater Asia	Asia Developed	1.04%	-	-
Greater Asia	Asia Emerging	0.55%	-	0.10%
Greater Asia	Australasia	1.09%	-	-
Greater Asia	Japan	5.99%	-	-
Greater Europe	Africa/Middle East	0.14%	-	-
Greater Europe	Europe Developed	9.89%	2.04%	0.39%
Greater Europe	Europe Emerging	0.07%	-	-
Greater Europe	United Kingdom	2.43%	1.78%	0.08%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-20	$0.004	$0.004	USD	-	-	-	-
2023-12-21	$0.113	$0.113	USD	-	2023-12-20	2023-12-22	Annual
2022-12-21	$0.172	$0.172	USD	2022-12-21	2022-12-20	2022-12-22	Annual
2015-12-23	$0.002	$0.002	USD	2015-12-23	2015-12-22	2015-12-24	Annual
2014-12-19	$0.026	$0.026	USD	2014-12-19	2014-12-18	2014-12-22	Other
2013-12-20	$0.007	$0.007	USD	2013-12-20	2013-12-19	2013-12-23	Other
2012-12-20	$0.033	$0.033	USD	2012-12-20	2012-12-19	2012-12-21	Other

View the full dividend history for NLSIX.

Neuberger Long Short Fund Institutional Class NMFQS:NLSIX