# Neuberger Berman European High Yield Bond 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 EUR | % of Net Assets |
| --- | --- | --- | --- | --- | --- |
|  | Corporate Bonds 93.38% (31 December 2020: 93.74%) (continued) |  |  |  |  |
|  | Pound Sterling (continued) |  |  |  |  |
| 319,000 | Bellis Finco Plc** | 4.00% | 16/02/2027 | 372,531 | 1.14 |
| 200,000 | CPUK Finance Ltd** | 6.50% | 28/08/2026 | 247,371 | 0.75 |
| 174,000 | Deuce Finco Plc** | 5.50% | 15/06/2027 | 203,094 | 0.62 |
| 100,000 | Encore Capital Group Inc* | 5.38% | 15/02/2026 | 123,150 | 0.38 |
| 120,000 | Iceland Bondco Plc** | 4.38% | 15/05/2028 | 132,045 | 0.40 |
| 300,000 | Iceland Bondco Plc* | 4.63% | 15/03/2025 | 344,882 | 1.05 |
| 100,000 | National Express Group Plc* | 4.25% | 29/12/2049 | 121,298 | 0.37 |
| 100,000 | Petrobras Global Finance BV* | 5.38% | 01/10/2029 | 128,359 | 0.39 |
| 362,000 | Pinnacle Bidco Plc* | 6.38% | 15/02/2025 | 431,619 | 1.32 |
| 140,000 | Premier Foods Finance Plc* | 3.50% | 15/10/2026 | 163,367 | 0.50 |
| 436,000 | RAC Bond Co Plc* | 5.00% | 06/11/2022 | 508,901 | 1.55 |
| 670,000 | Rolls-Royce Plc* | 5.75% | 15/10/2027 | 856,405 | 2.61 |
| 150,000 | Virgin Media Secured Finance Plc* | 4.25% | 15/01/2030 | 174,568 | 0.53 |
| 300,000 | Virgin Media Vendor Financing Notes III DAC** | 4.88% | 15/07/2028 | 355,803 | 1.09 |
|  | Total Pound Sterling |  |  | 4,608,431 | 14.06 |
|  | Total Corporate Bonds |  |  | 30,617,908 | 93.38 |
|  |  |  |  |  |  |
|  | Term Loans 0.91% (31 December 2020: 3.09%) |  |  |  |  |
|  | Euro |  |  |  |  |
| 94,016 | Aernnova Aerospace SAU Facility B1 Term Loan | 3.00% | 26/02/2027 | 90,593 | 0.28 |
| 24,107 | Aernnova Aerospace SAU Facility B2 Term Loan | 3.00% | 26/02/2027 | 23,229 | 0.07 |
| 100,000 | Rain Carbon Inc | 3.00% | 16/01/2025 | 99,209 | 0.30 |
|  | Total Euro |  |  | 213,031 | 0.65 |
|  | Pound Sterling |  |  |  |  |
| 74,743 | BBD Bidco Ltd | 4.81% | 13/11/2026 | 86,920 | 0.26 |
|  | Total Pound Sterling |  |  | 86,920 | 0.26 |
|  | Total Term Loans † |  |  | 299,951 | 0.91 |
|  | Total Investments |  |  | 31,337,623 | 95.57 |

Forward Currency Contracts 1.27% (31 December 2020: 1.71%)
| Amount Receivable | Amount Payable | Maturity Date | Counterparty | Contracts | Unrealised Gain EUR | % of Net Assets |
| --- | --- | --- | --- | --- | --- | --- |
| £ 101,241 | € 116,970 | 19/07/2021 | UBS AG | 1 | 929 | 0.00 |
| £ 200,655 | € 232,299 | 19/07/2021 | Westpac Banking Corp | 1 | 1,370 | 0.01 |
| US$ 29,168 | € 24,337 | 19/07/2021 | Westpac Banking Corp | 1 | 250 | 0.00 |
| SGD Hedged Classes |  |  |  |  |  |  |
| SGD 5,230 | € 3,262 | 19/07/2021 | Goldman Sachs International | 2 | 17 | 0.00 |
| SGD 5,143 | € 3,208 | 19/07/2021 | UBS AG | 1 | 17 | 0.00 |

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

Translation (ENDE, 2021-06-30):
# Neuberger Berman European High Yield Bond Fund (Fortsetzung)
## Bilanz
|  |  | Zum | Zum |
| --- | --- | --- | --- |
| Anm. | 30. Juni 2021 | 31. Dezember 2020 |
|  | EUR | EUR |
| Umlaufvermögen |  |  |  |
| Finanzielle Vermögenswerte, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 31.752.023 | 32.344.204 |
| Barmittel und Barmitteläquivalente | 2 | 981.905 | 1.228.819 |
| Forderungen aus Wertpapierverkäufen |  | 539.524 | 325.894 |
| Forderungen aus ausgegebenen Anteilen |  | – | 619 |
| Ertragsforderungen und sonstiges Vermögen |  | 462.431 | 471.011 |
| Vermögenswerte insgesamt |  | 33.735.883 | 34.370.547 |
|  |  |  |  |
| Kurzfristige Verbindlichkeiten |  |  |  |
| Finanzielle Verbindlichkeiten, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 207.571 | 1.491.943 |
| Kontenüberziehung | 3 | 530 | 394 |
| Verbindlichkeiten aus zurückgenommenen Anteilen |  | 4.820 | – |
| Antizipative Passiva |  | 34.364 | 31.518 |
| Verbindlichkeiten aus Wertpapierkäufen |  | 663.000 | 3 |
| Sonstige Verbindlichkeiten |  | 36.694 | 22.353 |
| Verbindlichkeiten (ohne das auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallende	946.979	1.546.211 |
| Nettovermögen) |  |  |
|  |  |  |
| Auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallendes Nettovermögen | 32.788.904 | 32.824.336 |

Die Anmerkungen im Anhang sind wesentlicher Bestandteil des Halbjahresabschlusses.
344  NEUBERGER BERMAN INVESTMENT FUNDS PLC
GEWINN- UND VERLUSTRECHNUNG HALBJAHRESABSCHLUSS