# Neuberger Berman Global Flexible Credit Fund (Continued)
## Schedule of Investments (Continued)

### Financial Assets at Fair Value through Profit or Loss (continued)
| Principal Amount | Security Description | Coupon | Maturity Date | Fair Value US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- |
|  | Corporate Bonds 88.08% (31 December 2020: 89.62%) (continued) |  |  |  |  |
|  | Pound Sterling |  |  |  |  |
| 1,000,000 | AA Bond Co Ltd* | 6.50% | 31/01/2026 | 1,432,066 | 0.24 |
| 656,000 | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl* | 4.88% | 01/06/2028 | 898,379 | 0.15 |
| 1,873,000 | CPUK Finance Ltd** | 6.50% | 28/08/2026 | 2,739,458 | 0.46 |
| 631,000 | Deuce Finco Plc** | 5.50% | 15/06/2027 | 871,545 | 0.14 |
| 1,300,000 | Encore Capital Group Inc* | 4.25% | 01/06/2028 | 1,799,701 | 0.30 |
| 1,200,000 | Iceland Bondco Plc** | 4.38% | 15/05/2028 | 1,558,967 | 0.26 |
| 514,000 | Premier Foods Finance Plc* | 3.50% | 15/10/2026 | 709,813 | 0.12 |
| 1,329,000 | RAC Bond Co Plc* | 5.00% | 06/11/2022 | 1,836,193 | 0.30 |
|  | Total Pound Sterling |  |  | 11,846,122 | 1.97 |
|  |  |  |  |  |  |
|  | United States Dollar |  |  |  |  |
| 1,000,000 | ABJA Investment Co Pte Ltd* | 5.45% | 24/01/2028 | 1,071,990 | 0.18 |
| 900,000 | Adani Electricity Mumbai Ltd* | 3.95% | 12/02/2030 | 900,711 | 0.15 |
| 1,000,000 | Adani Ports & Special Economic Zone Ltd** | 4.38% | 03/07/2029 | 1,049,990 | 0.18 |
| 2,000,000 | AerCap Ireland Capital DAC/AerCap Global Aviation Trust* | 4.63% | 15/10/2027 | 2,241,723 | 0.37 |
| 2,811,445 | Air Canada 2020-2 Class A Pass Through Trust** | 5.25% | 01/04/2029 | 3,055,955 | 0.51 |
| 2,000,000 | Air Lease Corp* | 4.63% | 01/10/2028 | 2,256,956 | 0.38 |
| 700,000 | Akbank TAS** | 6.80% | 06/02/2026 | 737,953 | 0.12 |
| 1,921,612 | Alaska Airlines 2020-1 Class A Pass Through Trust** | 4.80% | 15/08/2027 | 2,131,146 | 0.35 |
| 200,000 | Alfa SAB de CV** | 6.88% | 25/03/2044 | 264,606 | 0.04 |
| 1,763,000 | Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer** | 6.75% | 15/10/2027 | 1,855,081 | 0.31 |
| 1,735,000 | Allied Universal Holdco LLC/Allied Universal Finance Corp** | 6.00% | 01/06/2029 | 1,761,216 | 0.29 |
| 2,000,000 | Altria Group Inc* | 4.25% | 09/08/2042 | 2,096,806 | 0.35 |
| 2,070,000 | American Airlines Group Inc** | 5.00% | 01/06/2022 | 2,075,216 | 0.35 |
| 4,905,000 | American Airlines Inc/AAdvantage Loyalty IP Ltd** | 5.75% | 20/04/2029 | 5,309,662 | 0.88 |
| 1,000,000 | Anheuser-Busch InBev Worldwide Inc* | 4.44% | 06/10/2048 | 1,200,442 | 0.20 |
| 4,595,000 | Antero Midstream Partners LP/Antero Midstream Finance Corp** | 5.75% | 15/01/2028 | 4,841,660 | 0.81 |
| 873,000 | Arabian Centres Sukuk II Ltd* | 5.63% | 07/10/2026 | 929,335 | 0.15 |
| 9,650,000 | AssuredPartners Inc** | 5.63% | 15/01/2029 | 9,669,300 | 1.61 |
| 4,307,000 | AT&T Inc** | 3.65% | 15/09/2059 | 4,374,272 | 0.73 |
| 1,000,000 | AT&T Inc* | 4.50% | 09/03/2048 | 1,181,539 | 0.20 |
| 200,000 | Atento Luxco 1 SA** | 8.00% | 10/02/2026 | 217,587 | 0.04 |
| 480,000 | Azul Investments LLP** | 7.25% | 15/06/2026 | 471,562 | 0.08 |
| 200,000 | B2W Digital Lux Sarl** | 4.38% | 20/12/2030 | 200,677 | 0.03 |
| 425,000 | Banco Davivienda SA** | 6.65% | 29/12/2049 | 446,966 | 0.07 |
| 500,000 | Banco de Bogota SA* | 6.25% | 12/05/2026 | 548,143 | 0.09 |
| 4,400,000 | Bank of America Corp** | 5.13% | 29/12/2049 | 4,688,750 | 0.78 |
| 800,000 | Banque Ouest Africaine de Developpement* | 5.00% | 27/07/2027 | 889,272 | 0.15 |

836  NEUBERGER BERMAN INVESTMENT FUNDS PLC
SCHEDULE OF INVESTMENTS FINANCIAL STATEMENTS

Translation (ENDE, 2021-06-30):
# Neuberger Berman Global Flexible Credit Fund (Fortsetzung)
## Bilanz
|  |  | Zum | Zum |
| --- | --- | --- | --- |
| Anm. | 30. Juni 2021 | 31. Dezember 2020 |
|  | US$ | US$ |
| Umlaufvermögen |  |  |  |
| Finanzielle Vermögenswerte, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 568.220.042 | 583.405.806 |
| Barmittel und Barmitteläquivalente | 2 | 24.675.983 | 21.734.879 |
| Forderungen aus Wertpapierverkäufen |  | 1.759.319 | 93.147 |
| Forderungen aus ausgegebenen Anteilen |  | 88.931 | – |
| Forderungen gegenüber Brokern |  | 11.331.725 | 572.255 |
| Ertragsforderungen und sonstiges Vermögen |  | 8.504.717 | 8.114.464 |
| Vermögenswerte insgesamt |  | 614.580.717 | 613.920.551 |
|  |  |  |  |
| Kurzfristige Verbindlichkeiten |  |  |  |
| Finanzielle Verbindlichkeiten, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 4.250.406 | 3.693.752 |
| Kontenüberziehung | 3 | 933 | 427 |
| Verbindlichkeiten aus zurückgenommenen Anteilen |  | 1.949.640 | – |
| Antizipative Passiva |  | 152.549 | 225.896 |
| Verbindlichkeiten aus Wertpapierkäufen |  | 7.214.298 | 315.000 |
| Sonstige Verbindlichkeiten |  | 75.793 | 40.376 |
| Verbindlichkeiten (ohne das auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallende	13.643.619	4.275.451 |
| Nettovermögen) |  |  |
|  |  |  |
| Auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallendes Nettovermögen | 600.937.098 | 609.645.100 |

Die Anmerkungen im Anhang sind wesentlicher Bestandteil des Halbjahresabschlusses.
HALBJAHRESBERICHT 2021 831
HALBJAHRESABSCHLUSS GEWINN- UND VERLUSTRECHNUNG