# Portfolio overlap — NERAX vs MEDAX

Comparing **Neuberger Berman Emerging Markets Debt Fund** (2025-07-31) and **MFS Emerging Markets Debt Fund** (2026-01-31).

- Shared positions: 57
- Neuberger Berman Emerging Markets Debt Fund covered by MFS Emerging Markets Debt Fund: 0.09314251050003667861936670869
- MFS Emerging Markets Debt Fund covered by Neuberger Berman Emerging Markets Debt Fund: 0.09314251050003667861936670873

## Neuberger Berman Emerging Markets Debt Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| State Street Navigator Securities Lending Portfolio II | 0.040952 |  |
| South Africa, Parliament of | 0.025934 | ✓ |
| Republic of Indonesia, The Government of, The | 0.015834 |  |
| TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.014455 |  |
| MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.014199 |  |
| South Africa, Parliament of | 0.012971 |  |
| Urzad Rady Ministrow | 0.010980 |  |
| Presidencia da Republica | 0.010780 | ✓ |
| Republic of Indonesia | 0.010590 |  |
| Presidencia de la Republica de Chile | 0.010387 |  |
| Presidencia da Republica | 0.010240 |  |
| Republic of Indonesia | 0.010237 |  |
| US ULTRA BOND CBT Sep25 | 0.009682 |  |
| Petroleos Mexicanos | 0.008786 | ✓ |
| Urzad Rady Ministrow | 0.008431 |  |
| Urzad Rady Ministrow | 0.008361 |  |
| THAILAND KINGDOM OF 2.41% 03/17/2035 | 0.008313 |  |
| INDONESIA TREASURY BOND IDR 6.375% 08-15-28 | 0.007708 |  |
| Egypt Government International Bonds | 0.007650 | ✓ |
| SOUTH AFRICA REPUBLIC OF 6.5% 02/28/2041 | 0.007448 | ✓ |
| International Bank for Reconstruction & Development | 0.007349 |  |
| THAILAND GOVT | 0.006952 |  |
| Republic of Indonesia, The Government of, The | 0.006411 |  |
| MALAYSIA GOVT OF 4.696% 10/15/2042 | 0.006402 |  |
| Presidencia da Republica | 0.006396 |  |
| State Oil Co. of the Azerbaijan Republic | 0.005952 |  |
| ROMANIA GOVT | 0.005877 |  |
| MALAYSIA GOVT | 0.005813 |  |
| Urad Vlady Ceske Republiky | 0.005669 |  |
| MALAYSIA GOVT | 0.005460 |  |
| Sandor-Palota | 0.005390 |  |
| MALAYSIA GOVT OF 4.893% 06/08/2038 | 0.005238 |  |
| INTL BK RECON/DEV SR UNSEC 6.75% 07-13-29 | 0.005179 |  |
| ROMANIAN GOVERNMENT INTERNATIONAL BOND EUR REG S 2.0% 01-28-32 | 0.005113 | ✓ |
| THAILAND KINGDOM OF 3.45% 06/17/2043 | 0.004995 |  |
| Republic of El Salvador | 0.004945 |  |
| Sultanate of Oman Government Bond | 0.004865 | ✓ |
| Republic of Indonesia | 0.004833 |  |
| Republic of Cote d'Ivoire | 0.004743 |  |
| Czech Republic Government Bonds | 0.004504 |  |
| REPUBLIC OF NIGERIA 8.747000% 01/21/2031 | 0.004504 |  |
| Republic of Cote d'Ivoire | 0.004477 |  |
| PERU REPUBLIC OF 5.35% 08/12/2040 | 0.004475 |  |
| Colombia Titulos de Tesoreria, Series B | 0.004396 |  |
| REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR | 0.004327 |  |
| PT. Bank Negara Indonesia (persero) | 0.004231 |  |
| REPUBLIC OF ECUADOR 6.900000% 07/31/2035 | 0.004080 | ✓ |
| FEDERAL REP OF ETHIOPIA 6.625000% 12/11/2024 | 0.004040 |  |
| REPUBLIC OF GHANA SR UNSECURED 144A 07/29 VAR | 0.004040 |  |
| THAILAND KINGDOM OF 3.3% 06/17/2038 | 0.003999 |  |

## MFS Emerging Markets Debt Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MFS Institutional Money Market Portfolio, Class A | 0.039344 |  |
| ARGENTINA | 0.010530 | ✓ |
| ARGENTINA | 0.010478 | ✓ |
| ARGENTINA | 0.010114 |  |
| REPUBLIC OF GHANA SR UNSECURED 144A 07/35 VAR | 0.009302 | ✓ |
| US TREASURY N/B | 0.007773 |  |
| DOMINICAN REPUBLIC INTERNATIONAL BOND REG S 4.875% 09-23-32 | 0.007291 |  |
| US TREASURY N/B | 0.007255 |  |
| Republic of Paraguay | 0.007239 |  |
| REPUBLIC OF ECUADOR 6.900000% 07/31/2035 | 0.007109 | ✓ |
| UKRAINE GOVT | 0.006612 |  |
| Costa Rica Government International Bond | 0.006239 | ✓ |
| TURKIYE REP OF | 0.005387 |  |
| SOUTH AFRICA REPUBLIC OF 7.3% 04/20/2052 | 0.005360 |  |
| REPUBLIC OF ECUADOR 5.000000% 07/31/2040 | 0.005276 | ✓ |
| The Democratic Socialist Republic of Sri Lanka | 0.005176 |  |
| Petroleos Mexicanos | 0.005145 | ✓ |
| Republic of Angola | 0.004991 |  |
| Urzad Rady Ministrow | 0.004863 | ✓ |
| Eagle Funding LuxCo S.a.r.l. | 0.004761 |  |
| REPUBLIC OF COLOMBIA REGD 7.75000000 | 0.004748 |  |
| CHILE | 0.004493 |  |
| PETRONAS CAP LTD | 0.004492 |  |
| TURKIYE REP OF | 0.004349 |  |
| Egypt Government International Bonds | 0.004283 |  |
| State of Kuwait | 0.004226 |  |
| ROMANIA REGD 144A P/P 6.37500000 | 0.004166 |  |
| PETRONAS CAP LTD | 0.004119 |  |
| SOUTH AFRICA REPUBLIC OF 7.25% 12/11/2055 144A | 0.004043 |  |
| Romanian Government International Bond | 0.004036 |  |
| REP OF NIGERIA | 0.004017 |  |
| REPUBLIC OF COLOMBIA SR UNSECURED 11/35 8 | 0.003969 |  |
| Ma'aden Sukuk Ltd 5.25 01/29/2036 | 0.003955 |  |
| SOUTH AFRICA REPUBLIC OF 6.125% 12/11/2037 144A | 0.003913 |  |
| Republic of Colombia | 0.003911 |  |
| UNITED MEXICAN | 0.003906 |  |
| BANCO INTERNACIONAL DEL PERU SAA INTERBANK 144A LIFE SR UNSEC 4.8% 07-15-31 | 0.003891 |  |
| Republic of Cote d'Ivoire | 0.003857 |  |
| Republic of Cote d'Ivoire | 0.003833 |  |
| State of Kuwait | 0.003832 |  |
| Guatemala Government Bond | 0.003808 |  |
| BANGKOK BANK PCL REG S SUB 3.733% 09-25-34/29 | 0.003797 | ✓ |
| Venezuela Government International Bonds | 0.003788 |  |
| Navoiy Kon-Metallurgiya Kombinati Aksiyadorlik Jamiyati | 0.003780 |  |
| Sultanate of Oman Government Bond | 0.003769 | ✓ |
| UNITED MEXICAN | 0.003677 |  |
| Ecuador Government International Bonds | 0.003672 |  |
| Sandor-Palota | 0.003632 |  |
| Sultanate of Oman Government Bond | 0.003618 | ✓ |
| Ecuador Government International Bonds | 0.003584 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-25-009386` (as of 2025-07-31)
  <https://www.sec.gov/Archives/edgar/data/723620/000141036825009386/0001410368-25-009386-index.htm>
- N-PORT (fund B) — accession `0001410368-26-032757` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/783740/000141036826032757/0001410368-26-032757-index.htm>

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