Neuberger Long Short Fund A Class (NLSAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

20.04

+0.03 (0.15%)

At close: Aug 25, 2026

2.40% (1Y)

Fund Assets	7.34B
Expense Ratio	1.64%
Min. Investment	$1,000
Turnover	0.96%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	20.01
YTD Return	1.62%
1-Year Return	2.40%
5-Year Return	22.92%
52-Week Low	18.99
52-Week High	20.27
Beta (5Y)	0.37
Holdings	191
Inception Date	Dec 29, 2011

About NLSAX

Neuberger Berman Long Short Fund Class A is a U.S. mutual fund pursuing a long/short equity strategy designed to balance capital appreciation with risk management. The fund primarily takes long and short positions in common and preferred stocks, and can use related instruments such as exchange-traded funds and derivatives to implement views and manage exposure. Its objective is to participate in rising equity markets while aiming for reduced volatility and downside mitigation relative to broad indices, using short positions both to hedge risk and as a potential alpha source. Managed by an experienced team with a track record in long/short portfolios, the strategy emphasizes fundamental research and flexible positioning across sectors and market capitalizations. The portfolio typically holds a diversified set of equities complemented by cash and short-term investments for liquidity and risk control, and it has operated since its 2011 inception under a front-load share class structure. Within the long-short equity category, the fund serves investors seeking equity exposure with a moderated risk profile and an emphasis on capital preservation in adverse markets.

Fund Family Neuberger Berman

Category Long-Short Equity

Performance Rating Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol NLSAX

Share Class Class A

Index Index is not available on Lipper Database

Performance

NLSAX had a total return of 2.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.15%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NLSIX	Institutional Class	1.27%
NLSCX	Class C	2.38%

Top 10 Holdings

84.53% of assets

Name	Symbol	Weight
Usd	n/a	19.88%
NVIDIA Corporation	NVDA	11.28%
Alphabet Inc.	GOOGL	11.04%
Amazon.com, Inc.	AMZN	10.46%
Microsoft Corporation	MSFT	8.21%
Apple Inc.	AAPL	7.55%
Meta Platforms, Inc.	META	5.43%
Broadcom Inc.	AVGO	3.87%
Fanatics Holdings	n/a	3.67%
Brookfield Infrastructure Partners L.P.	BIP	3.14%

View More Holdings