NLSAX — Neuberger Berman Long Short Fund
Data updated: 2026-06-26
NLSAX — Neuberger Berman Long Short Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $8.25B AUM · 1.64% expense ratio · 7.5% 1-yr return. From SEC regulatory filings.
NLSAX Fund Overview
NLSAX — Neuberger Berman Long Short Fund is a US mutual fund managed by Neuberger Berman Alternative Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Neuberger Berman Alternative Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $8.25B
- 1-year return: 7.5%
- Ticker: NLSAX
- SEC CIK: 0001317474
- SEC series ID: S000035446
- Share class ID: C000108850
NLSAX Holdings
Top 10 holdings of Neuberger Berman Long Short Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet, Inc. Class A | 6.83% |
| Amazon.com Inc | 6.05% |
| NVIDIA Corp | 5.49% |
| Microsoft Corp | 4.67% |
| Apple Inc | 4.55% |
| State Street Global Advisors | 3.93% |
| Facebook, Inc. Class A | 2.71% |
| Broadcom Inc | 2.17% |
| Fanatics Holdings, Inc. Class A | 1.81% |
| Brookfield Infrastructure Partners LP | 1.71% |
NLSAX Portfolio Allocation
Asset-class allocation of Neuberger Berman Long Short Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 92.0% |
| Cash & Equivalents | 4.6% |
| Other | 1.0% |
| Loans | 0.2% |
NLSAX Performance
Total returns for NLSAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.5% |
| 1 year | 7.5% |
| 3 years (annualised) | 7.7% |
| 5 years (annualised) | 4.9% |
NLSAX Risk Information
Risk metrics for NLSAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.2%
NLSAX Costs and Fees
NLSAX costs about $164 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.64%
- Gross expense ratio: 1.64%
- Portfolio turnover: 60%
- Brokerage commissions: 3.85 bps of average net assets (SEC N-CEN)
NLSAX Cashflows
Over the 12 months to 2026-04, Neuberger Berman Long Short Fund had net inflows of $444.85M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$49.76M |
| 2026-03 | −$74.08M |
| 2026-02 | $92.26M |
| 2026-01 | $186.54M |
| 2025-12 | −$10.95M |
| 2025-11 | −$61.37M |
NLSAX Debt Constituents
No individual debt constituents are reported in Neuberger Berman Long Short Fund's latest SEC N-PORT filing.
NLSAX Prospectus and SEC Filings
Official Neuberger Berman Long Short Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.