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

### Financial Assets at Fair Value through Profit or Loss
| Principal Amount | Security Description | Coupon | Maturity Date | Fair Value US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- |
|  | Treasury Bills 1.83% (31 December 2020: 0.00%) |  |  |  |  |
|  | United States Dollar |  |  |  |  |
| 11,000,000 | United States Treasury Bill | 0.00% | 19/08/2021 | 10,999,401 | 1.83 |
|  | Total Treasury Bills ** |  |  | 10,999,401 | 1.83 |
|  |  |  |  |  |  |
|  | Asset Backed Securities 1.57% (31 December 2020: 0.00%) |  |  |  |  |
|  | United States Dollar |  |  |  |  |
| 1,500,000 | Annisa CLO Ltd Series 2016-2X Class DR | 3.19% | 20/07/2031 | 1,505,318 | 0.25 |
| 1,950,000 | CIFC Funding Ltd Series 2018-1X Class D | 2.84% | 18/04/2031 | 1,928,141 | 0.32 |
| 500,000 | CIFC Funding Ltd Series 2018-2X Class C | 3.04% | 20/04/2031 | 498,609 | 0.08 |
| 500,000 | Octagon Investment Partners 35 Ltd Series 2018-1X Class C | 2.79% | 20/01/2031 | 493,981 | 0.08 |
| 2,000,000 | TCW CLO Ltd Series 2018-1X Class D | 3.09% | 25/04/2031 | 1,989,071 | 0.33 |
| 3,000,000 | Trinitas CLO XII Ltd Series 2020-12X Class D | 4.18% | 25/04/2033 | 3,034,123 | 0.51 |
|  | Total Asset Backed Securities ** |  |  | 9,449,243 | 1.57 |
|  |  |  |  |  |  |
|  | Corporate Bonds 88.08% (31 December 2020: 89.62%) |  |  |  |  |
|  | Euro |  |  |  |  |
| 500,000 | Accor SA* | 2.63% | 29/12/2049 | 579,692 | 0.10 |
| 225,000 | Afflelou SAS* | 4.25% | 19/05/2026 | 274,623 | 0.05 |
| 698,000 | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl* | 3.63% | 01/06/2028 | 820,631 | 0.14 |
| 1,010,000 | Altice Finco SA* | 4.75% | 15/01/2028 | 1,172,983 | 0.19 |
| 343,000 | Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance Plc* | 3.00% | 01/09/2029 | 405,854 | 0.07 |
| 925,000 | Atrium European Real Estate Ltd* | 3.63% | 29/12/2049 | 1,073,647 | 0.18 |
| 2,379,000 | Banijay Group SAS** | 6.50% | 01/03/2026 | 2,911,592 | 0.48 |
| 750,000 | Brunello Bidco SpA* | 3.50% | 15/02/2028 | 888,977 | 0.15 |
| 600,000 | Casino Guichard Perrachon SA** | 3.58% | 07/02/2025 | 692,847 | 0.11 |
| 2,253,000 | Casino Guichard Perrachon SA* | 6.63% | 15/01/2026 | 2,815,482 | 0.47 |
| 359,000 | Cedacri Mergeco SpA* | 4.63% | 15/05/2028 | 428,931 | 0.07 |
| 1,098,000 | Centurion Bidco SpA* | 5.88% | 30/09/2026 | 1,359,081 | 0.23 |
| 919,000 | CeramTec BondCo GmbH** | 5.25% | 15/12/2025 | 1,107,928 | 0.18 |
| 409,000 | Chrome Holdco SASU* | 5.00% | 31/05/2029 | 497,796 | 0.08 |
| 2,124,000 | CMA CGM SA* | 7.50% | 15/01/2026 | 2,799,712 | 0.47 |
| 760,000 | doValue SpA** | 5.00% | 04/08/2025 | 943,561 | 0.16 |
| 1,024,000 | Dufry One BV** | 2.00% | 15/02/2027 | 1,144,476 | 0.19 |
| 499,000 | Dufry One BV* | 3.38% | 15/04/2028 | 587,226 | 0.10 |
| 2,567,000 | eG Global Finance Plc* | 6.25% | 30/10/2025 | 3,125,790 | 0.52 |
| 289,000 | Energizer Gamma Acquisition BV** | 3.50% | 30/06/2029 | 341,133 | 0.06 |
| 4,450,000 | Fastighets AB Balder* | 2.87% | 02/06/2081 | 5,227,543 | 0.87 |
| 1,312,000 | Flamingo Lux II SCA* | 5.00% | 31/03/2029 | 1,544,736 | 0.26 |
| 503,000 | Foncia Management SASU** | 3.38% | 31/03/2028 | 592,744 | 0.10 |

834  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