# Neuberger Berman US Real Estate Securities Fund (Continued)
## Profit and Loss Account
|  |  | Six Months Ended | Six Months Ended |
| --- | --- | --- | --- |
|  | Note | 30 June 2021 | 30 June 2020 |
|  |  | US$ | US$ |
| Income |  |  |  |
| Interest Income |  | 122 | 9,481 |
| Dividend Income |  | 6,936,429 | 3,399,391 |
| Miscellaneous Income |  | 42,811 | – |
| Net Gain/(Loss) on Financial Assets and Liabilities at Fair Value through Profit or Loss |  | 81,916,428 | (32,740,614) |
|  |  | 88,895,790 | (29,331,742) |
|  |  |  |  |
| Expenses |  |  |  |
| Management Fee | 5 | 2,931,510 | 1,622,888 |
| Distribution Fee | 5 | 515,485 | 263,102 |
| Administration Fee | 5 | 444,257 | 337,536 |
| Commitment Fee | 16 | 24,866 | 17,358 |
| Custody Fee | 5 | 6,108 | 6,140 |
| Depositary Fee | 5 | 11,229 | 11,708 |
| Professional Fee | 7 | 123,592 | 39,335 |
| Directors' Fee | 6 | 994 | 2,380 |
| Transaction Costs | 7 | 176,019 | 149,515 |
| Audit Fee | 7 | 13,185 | 11,926 |
| VAT Rebate |  | (1,629) | (731) |
| Other Expenses | 7 | 5,981 | 8,841 |
| Expense Waiver | 5 | (47,778) | (170,866) |
| Total Expenses |  | 4,203,819 | 2,299,132 |
|  |  |  |  |
| Finance Costs |  |  |  |
| Interest Expense |  | 2,673 | 548 |
| Distribution Paid | 1 | 1,583,496 | 906,635 |
|  |  | 1,586,169 | 907,183 |
| Withholding Tax |  | 1,037,834 | 893,968 |
|  |  |  |  |
| Profit/(Loss) Attributable to Holders of Redeemable Participating Shares from Operations |  | 82,067,968 | (33,432,025) |
| All gains and losses arose solely from continuing operations. |  |  |  |

The accompanying notes form an integral part of the financial statements.
46  NEUBERGER BERMAN INVESTMENT FUNDS PLC
STATEMENT OF CHANGES IN NET ASSETS FINANCIAL STATEMENTS

Translation (ENDE, 2021-06-30):
# Neuberger Berman US Real Estate Securities Fund (Fortsetzung)
## Bilanz
|  |  | Zum | Zum |
| --- | --- | --- | --- |
| Anm. | 30. Juni 2021 | 31. Dezember 2020 |
|  | US$ | US$ |
| Umlaufvermögen |  |  |  |
| Finanzielle Vermögenswerte, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 653.003.132 | 349.110.328 |
| Barmittel und Barmitteläquivalente | 2 | 3.383.676 | 4.303.446 |
| Forderungen aus Wertpapierverkäufen |  | 1.636 | – |
| Forderungen aus ausgegebenen Anteilen |  | 16.023.079 | 2.638.623 |
| Ertragsforderungen und sonstiges Vermögen |  | 1.255.984 | 1.047.629 |
| Vermögenswerte insgesamt |  | 673.667.507 | 357.100.026 |
|  |  |  |  |
| Kurzfristige Verbindlichkeiten |  |  |  |
| Finanzielle Verbindlichkeiten, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 1.966.646 | 1.306.305 |
| Kontenüberziehung | 3 | 37 | – |
| Verbindlichkeiten aus zurückgenommenen Anteilen |  | 3.220.383 | 2.141.815 |
| Antizipative Passiva |  | 988.286 | 622.577 |
| Verbindlichkeiten aus Wertpapierkäufen |  | 9.564.107 | 6.102 |
| Sonstige Verbindlichkeiten |  | 73.773 | 65.760 |
| Verbindlichkeiten (ohne das auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallende	15.813.232	4.142.559 |
| Nettovermögen) |  |  |
|  |  |  |
| Auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallendes Nettovermögen | 657.854.275 | 352.957.467 |

Die Anmerkungen im Anhang sind wesentlicher Bestandteil des Halbjahresabschlusses.
HALBJAHRESBERICHT 2021 45
HALBJAHRESABSCHLUSS GEWINN- UND VERLUSTRECHNUNG