# Neuberger Berman Strategic Income Fund (Continued)
## Schedule of Investments (Continued)

### Financial Assets at Fair Value through Profit or Loss (continued)
Futures Contracts 0.03% (31 December 2020: 0.11%)
| Number of Contracts | Description | Unrealised Gain US$ | % of Net Assets |
| --- | --- | --- | --- |
| 165 | Euro-BOBL Future September 2021 | 13,697 | 0.00 |
| 41 | United Kingdom Long Gilt Future September 2021 | 46,444 | 0.00 |
| 101 | US Treasury Long Bond (CBT) Future September 2021 | 381,923 | 0.03 |

Total Unrealised Gain on Futures Contracts ±	442,064	0.03
Interest Rate Swap Contracts 0.01% (31 December 2020: 0.02%)
| Notio | nal Amount | Expiration Date | Counterparty | Receive /(Pay)# | Fixed Rate | Variable Rate | Unrealised Gain US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BRL | 2,099,808 | 02/01/2023 | Chicago Mercantile Exchange1 | (Pay) | 9.08% | 1D BROIS | 85,887 | 0.01 |
| BRL | 1,102,672 | 02/01/2025 | Chicago Mercantile Exchange1 | (Pay) | 9.55% | 1D BROIS | 56,700 | 0.00 |
| BRL | 1,391,591 | 03/01/2022 | Morgan Stanley | (Pay) | 5.98% | 1D BROIS | 15,250 | 0.00 |
| Total Unrealised Gain on Interest Rate Swap Contracts∞ | 157,837 | 0.01 |
| Receive - Funds receives variable rate and pays fixed rate. |  |  |
| (Pay) - Fund pays variable rate and receives fixed rate. 1Centrally cleared swap. |  |  |
| Total Return Swap Contracts 0.06% (31 December 2020: 0.09%) |  |  |

| Notional Amount	Termination	Variable Rate	Reference Entity	Unrealised | % of Net Assets |
| --- | --- |
| USD | 84,999,738 | 20/09/2021 | 0.131 | iBoxx USD Liquid High Yield Index2 | 561,258 | 0.04 |
| USD | 35,599,890 | 20/09/2021 | 0.131 | iBoxx USD Liquid High Yield Index4 | 152,499 | 0.01 |
| USD | 11,509,375 | 15/02/2029 | 0.753 | Goldman Sachs Basket SDHY4 | 140,270 | 0.01 |
| USD | 23,280,000 | 04/02/2028 | 0.643 | JPMorgan Bond Basket2 | 15,898 | 0.00 |
| Total Unrealised Gain on Total Return Swap Contracts ∞ | 869,925 | 0.06 |
| 1  The 3 month LIBOR is the benchmark for this total return swap contract. 2  The counterparty for this total return swap contract is JPMorgan Chase Bank. 3  The 1 day Overnight Fed Funds Effective rate is the benchmark for this total return swap contract. 4  The counterparty for this total return swap contract is Goldman Sachs International. |  |  |
| Credit Default Swap Contracts 0.17% (31 December 2020: 0.00%) |  |  |
| Notional Amount	Expiration	Counterparty	Referenced Obligation	Fair Value Date	US$ | % of Net Assets |

Date	Gain US$
EUR	17,016,848	20/06/2028	ICE Clear U.S.1	Selling default protection on iTraxx Europe Crossover
2,241,283	0.17
Total Fair Value on Credit Default Swap Contracts ∞	2,241,283	0.17
1
Centrally cleared swap.
228  NEUBERGER BERMAN INVESTMENT FUNDS PLC
SCHEDULE OF INVESTMENTS FINANCIAL STATEMENTS
| Neuberger Berman Strategic Income Fund (Continued) |  |
| --- | --- |
| Schedule of Investments (Continued) |
| Financial Assets at Fair Value through Profit or Loss (continued) |
|  | Fair Value US$ | % of Net Assets |
| Total Financial Assets at Fair Value through Profit or Loss | 1,275,578,280 | 93.59 |
| Financial Liabilities at Fair Value through Profit or Loss |  |  |
| Forward Currency Contracts (0.53%) (31 December 2020: (0.11%)) |  |  |

| Amount Receivable | Amount Payable | Maturity Date | Counterparty | Contracts | Unrealised Loss US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- | --- |
| BRL 4,537,952 | US$ 921,529 | 03/08/2021 | Citibank NA | 1 | (20,246) | (0.00) |
| BRL 4,537,952 | US$ 907,191 | 02/07/2021 | Citibank NA | 1 | (2,829) | (0.00) |
| BRL 1,431,002 | US$ 286,075 | 02/07/2021 | JPMorgan Chase Bank | 1 | (892) | (0.00) |
| CLP 272,009,482 | US$ 378,895 | 15/09/2021 | Goldman Sachs International | 1 | (6,074) | (0.00) |
| CLP 242,709,961 | US$ 339,099 | 15/09/2021 | HSBC Bank Plc | 1 | (6,436) | (0.00) |
| COP 10,492,265,000 | US$ 2,827,075 | 05/08/2021 | Citibank NA | 1 | (22,045) | (0.00) |
| COP 3,306,285,071 | US$ 917,251 | 15/09/2021 | JPMorgan Chase Bank | 1 | (35,555) | (0.01) |
| € 2,713,966 | US$ 3,252,526 | 19/07/2021 | Citibank NA | 6 | (32,876) | (0.01) |
| € 633,446 | £ 552,514 | 19/07/2021 | Citibank NA | 2 | (11,835) | (0.00) |
| € 326,579 | US$ 388,546 | 06/07/2021 | Citibank NA | 1 | (1,223) | (0.00) |
| € 1,226,714 | PLN 5,552,118 | 15/09/2021 | Goldman Sachs International | 2 | (1,676) | (0.00) |
| € 8,100,000 | US$ 9,804,240 | 19/07/2021 | Goldman Sachs International | 1 | (194,992) | (0.02) |
| € 1,288,384 | PLN 5,841,989 | 06/07/2021 | Goldman Sachs International | 2 | (6,555) | (0.00) |
| € 253,536 | £ 219,107 | 19/07/2021 | Goldman Sachs International | 1 | (1,924) | (0.00) |
| € 20,571 | US$ 24,469 | 06/07/2021 | Goldman Sachs International | 1 | (73) | (0.00) |
| € 1,750,384 | PLN 7,971,430 | 06/07/2021 | HSBC Bank Plc | 3 | (17,987) | (0.00) |
| € 60,587 | US$ 72,412 | 19/07/2021 | JPMorgan Chase Bank | 2 | (536) | (0.00) |
| € 2,642,703 | US$ 3,158,539 | 06/07/2021 | JPMorgan Chase Bank | 5 | (24,292) | (0.00) |
| € 9,651,794 | US$ 11,722,297 | 19/07/2021 | Royal Bank Of Canada | 1 | (272,114) | (0.02) |
| £ 427,033 | US$ 604,340 | 19/07/2021 | Goldman Sachs International | 2 | (14,385) | (0.00) |
| HUF 4,184,825 | € 11,972 | 15/09/2021 | Goldman Sachs International | 1 | (101) | (0.00) |
| ILS 3,512,997 | US$ 1,081,532 | 10/09/2021 | Goldman Sachs International | 1 | (2,561) | (0.00) |
| INR 136,405,000 | US$ 1,828,118 | 05/08/2021 | Citibank NA | 1 | (693) | (0.00) |
| INR 136,405,000 | US$ 1,860,868 | 09/07/2021 | Citibank NA | 1 | (27,345) | (0.00) |
| INR 50,864,346 | US$ 687,681 | 24/09/2021 | Goldman Sachs International | 1 | (10,581) | (0.00) |
| ¥ 45,868 | US$ 421 | 19/07/2021 | UBS AG | 1 | (8) | (0.00) |
| KRW 1,033,050,000 | US$ 920,386 | 09/07/2021 | Citibank NA | 1 | (6,166) | (0.00) |
| KRW 1,338,983,104 | US$ 1,203,868 | 19/07/2021 | Goldman Sachs International | 1 | (18,961) | (0.00) |
| MXN 87,770,701 | US$ 4,408,294 | 05/08/2021 | Goldman Sachs International | 1 | (18,753) | (0.00) |
| MXN 5,726,368 | US$ 286,488 | 15/09/2021 | Goldman Sachs International | 1 | (1,643) | (0.00) |
| MYR 2,985,089 | US$ 728,693 | 08/07/2021 | Morgan Stanley | 1 | (10,210) | (0.00) |
| PEN 1,570,454 | US$ 416,169 | 16/07/2021 | Goldman Sachs International | 1 | (5,914) | (0.00) |
| PHP 15,232,839 | US$ 311,982 | 26/07/2021 | Goldman Sachs International | 1 | (746) | (0.00) |

INTERIM REPORT 2021  229
FINANCIAL STATEMENTS SCHEDULE OF INVESTMENTS

Translation (ENIT, 2021-06-30):
# Neuberger Berman Strategic Income Fund (continua)
## Prospetto delle variazioni del patrimonio netto attribuibile ai detentori di azioni di partecipazione riscattabili
|  | Semestre chiuso al | Semestre chiuso al |
| --- | --- | --- |
| 30 giugno 2021 | 30 giugno 2020 |
| USD | USD |
| Patrimonio netto attribuibile ai detentori di azioni di partecipazione riscattabili all’inizio del periodo | 1.234.787.335 | 1.442.746.695 |
| Profitti/(perdite) attribuibili ai detentori di azioni di partecipazione riscattabili da operazioni | (471.224) | (36.094.820) |
| Sottoscrizioni | 259.431.951 | 237.342.285 |
| Rimborsi | (130.784.369) | (501.356.964) |
| Patrimonio netto attribuibile ai detentori di azioni di partecipazione riscattabili alla fine del periodo | 1.362.963.693 | 1.142.637.196 |

Le note integrative costituiscono parte integrante del bilancio.
RELAZIONE SEMESTRALE 2021 199
BILANCIO PROSPETTO DEGLI INVESTIMENTI