# Neuberger Berman Emerging Market Debt - Local Currency Fund (Continued)
## Schedule of Investments (Continued)

### Financial Liabilities at Fair Value through Profit or Loss (continued)
Forward Currency Contracts (1.45%) (31 December 2020: (0.85%)) (continued)
Amount Receivable
Amount Payable
Maturity Date
Counterparty	Contracts	Unrealised Loss US$
% of Net Assets
ZAR Hedged Classes (continued)
| US$ 6,329,155 | ZAR 92,526,390 | 19/07/2021 | Westpac Banking Corp | 30 | (136,817) | (0.01) |
| --- | --- | --- | --- | --- | --- | --- |
| US$ 2,334,178 | ZAR 33,724,288 | 15/09/2021 | Westpac Banking Corp | 5 | (4,632) | (0.00) |
| ZAR 1,940,725,281 | US$ 141,382,163 | 15/09/2021 | Citibank NA | 3 | (6,791,066) | (0.26) |
| ZAR 10,365,440 | US$ 731,652 | 19/07/2021 | UBS AG | 1 | (7,290) | (0.00) |
| ZAR 14,434,086 | US$ 1,004,693 | 15/09/2021 | UBS AG | 1 | (3,675) | (0.00) |
| ZAR 84,217,413 | US$ 6,008,035 | 19/07/2021 | Westpac Banking Corp | 17 | (122,711) | (0.01) |
| ZAR 15,050,454 | US$ 1,046,342 | 15/09/2021 | Westpac Banking Corp | 9 | (2,580) | (0.00) |

Total Unrealised Loss on Forward Currency Contracts ∞	(37,615,421)	(1.45)
Futures Contracts (0.01%) (31 December 2020: (0.00%))
Number of Contracts
Description	Unrealised
Loss US$
% of Net Assets
(604)	US Treasury 10-Year Note (CBT) Future September 2021	(254,681)	(0.01)
Total Unrealised Loss on Futures Contracts ±	(254,681)	(0.01)
Interest Rate Swap Contracts (0.89%) (31 December 2020: (0.73%))
| Not | ional Amount | Expiration Date | Counterparty | Receive /(Pay)# | Fixed Rate | Variable Rate | Unrealised Loss US$ | % of Net Assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| CNY | 140,000,000 | 01/07/2026 | LCH Clearnet Ltd1 | (Pay) | 2.78% | 7D CNRR007 | (236) | (0.00) |
| THB | 900,500,000 | 01/03/2026 | LCH Clearnet Ltd1 | Receive | 1.00% | 6M BKIBOR | (2,308) | (0.00) |
| INR | 11,000,000,000 | 07/02/2023 | LCH Clearnet Ltd¹ | (Pay) | 4.42% | 1D MIBOR | (3,373) | (0.00) |
| THB | 1,000,000,000 | 10/03/2026 | LCH Clearnet Ltd¹ | Receive | 1.10% | 6M BKIBOR | (7,188) | (0.00) |
| CLP | 45,161,320 | 24/08/2030 | Chicago Mercantile Exchange¹ | (Pay) | 2.15% | 1D CLICP | (9,968) | (0.00) |
| BRL | 72,058,419 | 02/01/2024 | Chicago Mercantile Exchange¹ | (Pay) | 7.45% | 1D BROIS | (16,899) | (0.00) |
| PLN | 110,414,569 | 02/07/2031 | LCH Clearnet Ltd¹ | Receive | 2.12% | 6M WIBOR | (18,366) | (0.00) |
| MXN | 34,061,309 | 08/12/2025 | Goldman Sachs International | (Pay) | 6.21% | 28D MXIBTIIE | (21,114) | (0.00) |
| BRL | 231,387,210 | 02/01/2023 | Chicago Mercantile Exchange¹ | Receive | 6.97% | 1D BROIS | (23,844) | (0.00) |
| BRL | 42,953,698 | 02/01/2025 | Chicago Mercantile Exchange¹ | (Pay) | 6.46% | 1D BROIS | (24,561) | (0.00) |
| MXN | 90,000,000 | 21/05/2026 | JPMorgan Chase Bank | (Pay) | 6.33% | 28D MXIBTIIE | (48,551) | (0.00) |
| MXN | 95,000,000 | 16/09/2026 | Goldman Sachs International | (Pay) | 6.38% | 28D MXIBTIIE | (52,578) | (0.00) |
| MXN | 76,391,828 | 28/05/2026 | JPMorgan Chase Bank | (Pay) | 6.16% | 28D MXIBTIIE | (70,345) | (0.00) |
| RUB | 2,094,217,124 | 06/12/2021 | JPMorgan Chase Bank | (Pay) | 6.38% | 3M MOSPRIME | (74,052) | (0.00) |
| MXN | 512,441,055 | 31/08/2029 | Chicago Mercantile Exchange¹ | Receive | 6.92% | 28D MXIBTIIE | (74,473) | (0.00) |
| MXN | 75,000,000 | 18/06/2026 | JPMorgan Chase Bank | (Pay) | 6.13% | 28D MXIBTIIE | (75,313) | (0.00) |
| MXN | 94,552,835 | 05/03/2026 | Goldman Sachs International | (Pay) | 6.17% | 28D MXIBTIIE | (76,380) | (0.00) |
| MXN | 60,000,000 | 08/04/2026 | Goldman Sachs International | (Pay) | 5.95% | 28D MXIBTIIE | (78,002) | (0.00) |

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

Translation (ENDE, 2021-06-30):
# Neuberger Berman Emerging Market Debt - Local Currency Fund (Fortsetzung)
## Bilanz
j
|  |  |  |
| --- | --- | --- |
| Zum | Zum |
|  | Anm. | 30. Juni 2021 | 31. Dezember 2020 |
|  |  | US$ | US$ |
| Umlaufvermögen |  |  |  |
| Finanzielle Vermögenswerte, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 2.469.490.059 | 2.829.499.402 |
| Barmittel und Barmitteläquivalente | 2 | 213.101.177 | 116.856.444 |
| Forderungen aus Wertpapierverkäufen |  | 73.707.892 | 1.100 |
| Forderungen aus ausgegebenen Anteilen |  | 3.380.689 | 4.222.773 |
| Forderungen gegenüber Brokern |  | 28.770.209 | 3.900.386 |
| Ertragsforderungen und sonstiges Vermögen |  | 42.533.716 | 47.494.551 |
| Vermögenswerte insgesamt |  | 2.830.983.742 | 3.001.974.656 |
|  |  |  |  |
| Kurzfristige Verbindlichkeiten |  |  |  |
| Finanzielle Verbindlichkeiten, erfolgswirksam zum beizulegenden Zeitwert bewertet |  | 61.019.164 | 45.292.445 |
| Kontenüberziehung | 3 | 46.816 | – |
| Verbindlichkeiten aus zurückgenommenen Anteilen |  | 2.637.100 | 3.029.558 |
| Verbindlichkeiten gegenüber dem Makler |  | 30.712.404 | 43.368.000 |
| Antizipative Passiva |  | 2.721.478 | 2.625.917 |
| Verbindlichkeiten aus Wertpapierkäufen |  | 132.656.617 | 26.893.167 |
| Sonstige Verbindlichkeiten |  | 5.571.441 | 9.448.552 |
| Verbindlichkeiten (ohne das auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallende	235.365.020	130.657.639 |
| Nettovermögen) |  |  |
|  |  |  |
| Auf Inhaber rückzahlbarer, gewinnberechtigter Anteile entfallendes Nettovermögen | 2.595.618.722 | 2.871.317.017 |

Die Anmerkungen im Anhang sind wesentlicher Bestandteil des Halbjahresabschlusses.
HALBJAHRESBERICHT 2021 131
HALBJAHRESABSCHLUSS GEWINN- UND VERLUSTRECHNUNG