NLSAX

About NLSAX

Neuberger Berman Long Short Fund Class A is a U.S. mutual fund pursuing a long/short equity strategy designed to balance capital appreciation with risk management. The fund primarily takes long and short positions in common and preferred stocks, and can use related instruments such as exchange-traded funds and derivatives to implement views and manage exposure. Its objective is to participate in rising equity markets while aiming for reduced volatility and downside mitigation relative to broad indices, using short positions both to hedge risk and as a potential alpha source. Managed by an experienced team with a track record in long/short portfolios, the strategy emphasizes fundamental research and flexible positioning across sectors and market capitalizations. The portfolio typically holds a diversified set of equities complemented by cash and short-term investments for liquidity and risk control, and it has operated since its 2011 inception under a front-load share class structure. Within the long-short equity category, the fund serves investors seeking equity exposure with a moderated risk profile and an emphasis on capital preservation in adverse markets.