NLSAX
Neuberger Berman Long Short Fund
NEUBERGER BERMAN ALTERNATIVE FUNDS

Average annual returns

Through 2025 · incl. N-PORT-derived 2025
1 year
6.84%
3 year
8.84%
5 year
5.38%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

2020 onward derived from N-PORT monthly returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
4.58%
Sharpe
1.77
Sortino
3.60
Max drawdown
-10.36%
Best month
5.00%
Worst month
-5.41%
Beta vs VTSAX
0.28
Correlation
0.75

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.