Morningstar

Neuberger Long Short Fund A Class NLSAX

Medalist Rating as of Apr 27, 2026 See Neuberger Investment Hub

Strategy

The investment seeks long term capital appreciation with a secondary objective of principal preservation. 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NLSIX	Neuberger Long Short Fund Institutional Class	Institutional	Open			Dec 29, 2011	$6.85B	1.270%	Average	$1M	−$1.04B
NLSAX	Neuberger Long Short Fund A Class	Front Load	Open			Dec 29, 2011	$140.09M	1.640%	Average	$1,000	−$1.00M
NLSCX	Neuberger Long Short Fund C Class	Level Load	Open			Dec 29, 2011	$30.03M	2.380%	Above Average	$1,000	−$13.49M

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