# Neuberger Berman High Yield Bond Fund (Continued)
## Schedule of Investments (Continued)

### Financial Liabilities at Fair Value through Profit or Loss (continued)
Forward Currency Contracts (0.38%) (31 December 2020: (0.59%)) (continued)
| Amount Receivable | Amount Payable | Maturity Date | Counterparty | Contracts | Unrealised Loss US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- | --- |
| CHF Hedged Classes |  |  |  |  |  |  |
| CHF 3,837,313 | US$ 4,174,085 | 19/07/2021 | Goldman Sachs International | 3 | (20,803) | (0.00) |
| CHF 3,773,578 | US$ 4,101,761 | 19/07/2021 | UBS AG | 2 | (17,461) | (0.00) |
| CHF 4,362,408 | US$ 4,750,550 | 19/07/2021 | Westpac Banking Corp | 9 | (28,934) | (0.00) |
| CNY Hedged Classes |  |  |  |  |  |  |
| CNY 9,533,200 | US$ 1,478,837 | 19/07/2021 | Westpac Banking Corp | 4 | (5,182) | (0.00) |
| US$ 1,219,562 | CNY 8,022,407 | 19/07/2021 | Goldman Sachs International | 1 | (20,552) | (0.00) |
| US$ 1,219,529 | CNY 8,022,407 | 19/07/2021 | UBS AG | 1 | (20,585) | (0.00) |
| US$ 1,200,831 | CNY 7,902,670 | 19/07/2021 | Westpac Banking Corp | 1 | (20,774) | (0.00) |
| EUR Hedged Classes |  |  |  |  |  |  |
| € 149,619,449 | US$ 179,360,215 | 19/07/2021 | Goldman Sachs International | 2 | (1,862,643) | (0.06) |
| € 152,040,362 | US$ 182,233,952 | 19/07/2021 | UBS AG | 4 | (1,864,385) | (0.06) |
| € 148,001,735 | US$ 177,306,762 | 19/07/2021 | Westpac Banking Corp | 43 | (1,728,326) | (0.05) |
| GBP Hedged Classes |  |  |  |  |  |  |
| £ 721,096 | US$ 1,007,414 | 19/07/2021 | Goldman Sachs International | 2 | (11,206) | (0.00) |
| £ 3,515,129 | US$ 4,964,464 | 19/07/2021 | Westpac Banking Corp | 25 | (108,248) | (0.00) |
| US$ 38,438,392 | £ 27,924,589 | 19/07/2021 | Goldman Sachs International | 1 | (139,954) | (0.01) |
| US$ 38,442,190 | £ 27,924,589 | 19/07/2021 | UBS AG | 1 | (136,157) | (0.00) |
| US$ 39,034,962 | £ 28,368,049 | 19/07/2021 | Westpac Banking Corp | 11 | (156,034) | (0.01) |
| HKD Hedged Classes |  |  |  |  |  |  |
| HKD 24,456,611 | US$ 3,150,104 | 19/07/2021 | Goldman Sachs International | 1 | (735) | (0.00) |
| HKD 24,741,005 | US$ 3,186,406 | 19/07/2021 | UBS AG | 2 | (415) | (0.00) |
| HKD 25,452,169 | US$ 3,278,157 | 19/07/2021 | Westpac Banking Corp | 5 | (586) | (0.00) |
| US$ 160,832 | HKD 1,249,717 | 19/07/2021 | Westpac Banking Corp | 2 | (99) | (0.00) |
| SEK Hedged Classes |  |  |  |  |  |  |
| SEK 43,169,913 | US$ 5,098,046 | 19/07/2021 | Goldman Sachs International | 3 | (49,366) | (0.00) |
| SEK 42,600,298 | US$ 5,035,688 | 19/07/2021 | UBS AG | 2 | (53,625) | (0.00) |
| SEK 43,420,698 | US$ 5,125,182 | 19/07/2021 | Westpac Banking Corp | 27 | (47,172) | (0.00) |
| US$ 19,843 | SEK 169,876 | 19/07/2021 | Westpac Banking Corp | 3 | (24) | (0.00) |
| SGD Hedged Classes |  |  |  |  |  |  |
| SGD 10,131,834 | US$ 7,578,681 | 19/07/2021 | Goldman Sachs International | 3 | (41,544) | (0.00) |
| SGD 9,815,551 | US$ 7,340,892 | 19/07/2021 | UBS AG | 1 | (39,040) | (0.00) |
| SGD 13,273,494 | US$ 9,940,750 | 19/07/2021 | Westpac Banking Corp | 18 | (66,511) | (0.00) |
| ZAR Hedged Classes |  |  |  |  |  |  |
| US$ 4,972,289 | ZAR 72,752,051 | 19/07/2021 | Goldman Sachs International | 1 | (111,806) | (0.00) |
| US$ 4,973,209 | ZAR 72,752,051 | 19/07/2021 | UBS AG | 1 | (110,886) | (0.00) |
| US$ 9,137,791 | ZAR 133,753,974 | 19/07/2021 | Westpac Banking Corp | 27 | (209,269) | (0.01) |
| ZAR 17,674,177 | US$ 1,295,175 | 19/07/2021 | Goldman Sachs International | 1 | (60,059) | (0.00) |
| ZAR 49,453,930 | US$ 3,523,547 | 19/07/2021 | Westpac Banking Corp | 25 | (67,583) | (0.00) |

Total Unrealised Loss on Forward Currency Contracts ∞	(12,699,599)	(0.38)
INTERIM REPORT 2021  25
FINANCIAL STATEMENTS SCHEDULE OF INVESTMENTS
| Neuberger Berman High Yield Bond Fund (Continued) |  |
| --- | --- |
| Schedule of Investments (Continued) |
| Financial Liabilities at Fair Value through Profit or Loss (continued) |
|  | Fair Value | % of Net |
|  | US$ | Assets |
| Total Financial Liabilities at Fair Value through Profit or Loss | (12,699,599) | (0.38) |
|  | Fair Value US$ | % of Net Assets |
| Net Financial Assets at Fair Value through Profit or Loss | 3,107,653,717 | 92.55 |
| Other Net Assets | 250,168,969 | 7.45 |
| Net Assets Attributable to Holders of Redeemable Participating Shares | 3,357,822,686 | 100.00 |

^ Term loans showing a 0.00% coupon rate may not have settled as at 30 June 2021 and thus do not have an interest rate in effect. Interest rates do not take effect until settlement.
% of
Portfolio Analysis	US$	Total
Assets
| * | Transferable securities and/or money market instruments admitted to an official stock exchange listing | 272,117,158 | 7.93 |
| --- | --- | --- | --- |
| ** | Transferable securities and/or money market instruments dealt in on a regulated market | 2,670,321,084 | 77.84 |
| † | Other transferable securities and/or money market instruments | 130,504,398 | 3.80 |
| μ | Investment funds | 36,199,177 | 1.06 |
| ∞ | Financial derivative instruments that are traded OTC | (1,488,100) | (0.04) |

Total Investments	3,107,653,717	90.59
26  NEUBERGER BERMAN INVESTMENT FUNDS PLC
STATEMENT OF SIGNIFICANT PURCHASES AND SALES FINANCIAL STATEMENTS

Translation (ENDE, 2021-06-30):
# Neuberger Berman High Yield Bond Fund (Fortsetzung)
## Gewinn- und Verlustrechnung
|  |  | Sechsmonatiger Berichtszeitraum | Sechsmonatiger Berichtszeitraum |
| --- | --- | --- | --- |
| Anm. | 30. Juni 2021 | 30. Juni 2020 |
|  | US$ | US$ |
| Erträge |  |  |  |
| Zinserträge |  | 90.753.839 | 86.189.262 |
| Dividendenerträge |  | 960.383 | 741.106 |
| Erträge aus der Wertpapierleihe | 15 | 106.342 | 16.496 |
| Sonstige Erträge |  | 74.916 | 1.050 |
| Nettogewinn/(-verlust) aus erfolgswirksam zum beizulegenden Zeitwert be und Verbindlichkeiten | werteten finanziellen Vermögenswerten | 36.896.710 | (334.017.502) |
|  |  | 128.792.190 | (247.069.588) |
|  |  |  |  |
| Aufwendungen |  |  |  |
| Managementgebühr | 5 | 14.981.706 | 14.438.944 |
| Vertriebsgebühren | 5 | 1.506.151 | 1.877.302 |
| Verwaltungsgebühren | 5 | 1.809.221 | 2.273.960 |
| Bereitstellungsprovision | 16 | 260.437 | 196.098 |
| Depotgebühren | 5 | 32.975 | 50.629 |
| Gebühren der Verwahrstelle | 5 | 82.869 | 151.171 |
| Honorare | 7 | 200.416 | 120.818 |
| Honorare der Direktoren | 6 | 2.410 | 2.380 |
| Transaktionskosten | 7 | 240.069 | 286.510 |
| Prüfungshonorare | 7 | 22.624 | 20.544 |
| Umsatzsteuerentlastung |  | (16.108) | (10.135) |
| Sonstige Aufwendungen | 7 | 5.415 | 52.497 |
| Kostenverzicht | 5 | – | (44.200) |
| Verzicht auf Gebühren | 5 | (120.623) | (112.288) |
| Aufwendungen insgesamt |  | 19.007.562 | 19.304.230 |
|  |  |  |  |
| Finanzierungskosten |  |  |  |
| Gezahlte Ausschüttungen | 1 | 56.959.559 | 56.902.556 |
|  |  | 56.959.559 | 56.902.556 |
| Quellensteuern |  | 148.822 | 38.431 |

Auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallender Gewinn/(Verlust) aus der Geschäftstätigkeit
52.676.247	(323.314.805)
Alle Gewinne und Verluste ergaben sich ausschließlich aus der laufenden Geschäftstätigkeit.
Die Anmerkungen im Anhang sind wesentlicher Bestandteil des Halbjahresabschlusses.
HALBJAHRESBERICHT 2021 11
HALBJAHRESABSCHLUSS AUFSTELLUNG ÜBER DIE ENTWICKLUNG DES NETTOVERMÖGENS