NLSIX
Neuberger Berman Long Short Fund
NEUBERGER BERMAN ALTERNATIVE FUNDS

Average annual returns

Through 2025
1 year
7.20%
3 year
9.24%
5 year
5.76%
10 year
6.97%

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

Calendar-year returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
4.58%
Sharpe
1.86
Sortino
3.81
Max drawdown
-10.06%
Best month
4.97%
Worst month
-5.38%
Beta vs VTSAX
0.28
Correlation
0.75

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

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