# EDGAR Filing Document

**Accession Number:** 0001317474
**File Stem:** 0001410368-26-029178
**Filing Date:** 2026-3
**Character Count:** 155636
**Document Hash:** 9482e6393e997bdf4672d2213c520d7f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-029178.hdr.sgml**: 20260324

**ACCESSION NUMBER**: 0001410368-26-029178

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260324

**DATE AS OF CHANGE**: 20260324

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEUBERGER BERMAN ALTERNATIVE FUNDS
- **CENTRAL INDEX KEY:** 0001317474

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21715
- **FILM NUMBER:** 26785492

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** (212) 476-8800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEUBERGER BERMAN INSTITUTIONAL LIQUIDITY FUNDS
- **DATE OF NAME CHANGE:** 20090601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEHMAN BROTHERS INSTITUTIONAL LIQUIDITY FUNDS
- **DATE OF NAME CHANGE:** 20061023

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEHMAN BROTHERS INVESTOR LIQUIDITY SERIES
- **DATE OF NAME CHANGE:** 20050211

## Series and Classes Contracts Data

### Neuberger Long Short Fund (Series ID: S000035446)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000108850 | Class A             | NLSAX           |
| C000108851 | Class C             | NLSCX           |
| C000108852 | Institutional Class | NLSIX           |

## Nport-Ex

Consolidated Schedule of Investments Long Short Fund^ (Unaudited)

January 31, 2026

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Long Positions 96.4%** | **Long Positions 96.4%** | **Long Positions 96.4%** |
| **Common Stocks 85.7%** | **Common Stocks 85.7%** | **Common Stocks 85.7%** |
| **Aerospace & Defense 2.7%** | **Aerospace & Defense 2.7%** | **Aerospace & Defense 2.7%** |
| 245678 | Airbus SE | &nbsp;&nbsp; $56320847 |
| 159849 | Boeing Co. | &nbsp;&nbsp; 37359908<br> <sup>\*</sup><br>|
| 255788 | General Electric Co. | &nbsp;&nbsp; 78473201 |
| 78711 | Lockheed Martin Corp. | &nbsp;&nbsp; 49920090 |
|  |  | &nbsp;&nbsp; **222074046** |
| **Banks 2.3%** | **Banks 2.3%** | **Banks 2.3%** |
| 247908 | Citigroup, Inc. | &nbsp;&nbsp; 28685435 |
| 290234 | JPMorgan Chase & Co. | &nbsp;&nbsp; 88779678 |
| 726371 | Wells Fargo & Co. | &nbsp;&nbsp; 65729312 |
|  |  | &nbsp;&nbsp; **183194425** |
| **Beverages 0.6%** | **Beverages 0.6%** | **Beverages 0.6%** |
| 316336 | PepsiCo, Inc. | &nbsp;&nbsp; **48598700** |
| **Biotechnology 0.8%** | **Biotechnology 0.8%** | **Biotechnology 0.8%** |
| 273852 | AbbVie, Inc. | &nbsp;&nbsp; **61071735** |
| **Broadline Retail 5.1%** | **Broadline Retail 5.1%** | **Broadline Retail 5.1%** |
| 1740855 | Amazon.com, Inc. | &nbsp;&nbsp; **416586601**<br> <sup>\*(a)</sup><br>|
| **Capital Markets 4.7%** | **Capital Markets 4.7%** | **Capital Markets 4.7%** |
| 2039601 | &nbsp;&nbsp; Brookfield Asset Management <br> Ltd. Class A<br>| &nbsp;&nbsp; 101388565<br> <sup>(b)</sup><br>|
| 376831 | CME Group, Inc. | &nbsp;&nbsp; 108926769<br> <sup>(a)</sup><br>|
| 345692 | KKR & Co., Inc. | &nbsp;&nbsp; 39498768 |
| 43199 | MSCI, Inc. | &nbsp;&nbsp; 26317695 |
| 194933 | S&P Global, Inc. | &nbsp;&nbsp; 102883688 |
|  |  | &nbsp;&nbsp; **379015485** |
| **Commercial Services & Supplies 1.1%** | **Commercial Services & Supplies 1.1%** | **Commercial Services & Supplies 1.1%** |
| 397690 | Waste Management, Inc. | &nbsp;&nbsp; **88382626** |
| **Consumer Staples Distribution & Retail 1.5%** | **Consumer Staples Distribution & Retail 1.5%** | **Consumer Staples Distribution & Retail 1.5%** |
| 56838 | Costco Wholesale Corp. | &nbsp;&nbsp; 53441930 |
| 603917 | Walmart, Inc. | &nbsp;&nbsp; 71950671 |
|  |  | &nbsp;&nbsp; **125392601** |
| **Containers & Packaging 0.6%** | **Containers & Packaging 0.6%** | **Containers & Packaging 0.6%** |
| 276965 | Avery Dennison Corp. | &nbsp;&nbsp; **51379777** |
| **Electric Utilities 2.9%** | **Electric Utilities 2.9%** | **Electric Utilities 2.9%** |
| 61905 | Constellation Energy Corp. | &nbsp;&nbsp; 17375495 |
| 2388294 | FirstEnergy Corp. | &nbsp;&nbsp; 113061838 |
| 1214246 | NextEra Energy, Inc. | &nbsp;&nbsp; 106732224 |
|  |  | &nbsp;&nbsp; **237169557** |
| **Electrical Equipment 1.4%** | **Electrical Equipment 1.4%** | **Electrical Equipment 1.4%** |
| 1010501 | nVent Electric PLC | &nbsp;&nbsp; **113438842** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Electronic Equipment, Instruments & Components 1.4%** | **Electronic Equipment, Instruments & Components 1.4%** | **Electronic Equipment, Instruments & Components 1.4%** |
| 764468 | Amphenol Corp. Class A | &nbsp;&nbsp; **$110144549** |
| **Entertainment 2.3%** | **Entertainment 2.3%** | **Entertainment 2.3%** |
| 1314165 | Netflix, Inc. | &nbsp;&nbsp; 109719636<br> <sup>\*</sup><br>|
| 166620 | Sphere Entertainment Co. | &nbsp;&nbsp; 15913876<br> <sup>\*</sup><br>|
| 56920 | Spotify Technology SA | &nbsp;&nbsp; 28479922<br> <sup>\*</sup><br>|
| 329360 | Walt Disney Co. | &nbsp;&nbsp; 37151808 |
|  |  | &nbsp;&nbsp; **191265242** |
| **Financial Services 3.1%** | **Financial Services 3.1%** | **Financial Services 3.1%** |
| 8623 | Adyen NV | &nbsp;&nbsp; 12811339<br> <sup>\*(c)</sup><br>|
| 216090 | MasterCard, Inc. Class A | &nbsp;&nbsp; 116427131 |
| 393870 | Visa, Inc. Class A | &nbsp;&nbsp; 126759182<br> <sup>(a)</sup><br>|
|  |  | &nbsp;&nbsp; **255997652** |
| **Food Products 0.2%** | **Food Products 0.2%** | **Food Products 0.2%** |
| 317274 | &nbsp;&nbsp; Mondelez International, Inc. <br> Class A<br>| &nbsp;&nbsp; **18551011** |
| **Ground Transportation 0.9%** | **Ground Transportation 0.9%** | **Ground Transportation 0.9%** |
| 302593 | Union Pacific Corp. | &nbsp;&nbsp; **71139614** |
| **Health Care Equipment & Supplies 1.1%** | **Health Care Equipment & Supplies 1.1%** | **Health Care Equipment & Supplies 1.1%** |
| 992618 | Boston Scientific Corp. | &nbsp;&nbsp; **92839562**<br> <sup>\*</sup><br>|
| **Health Care Providers & Services 0.5%** | **Health Care Providers & Services 0.5%** | **Health Care Providers & Services 0.5%** |
| 136847 | UnitedHealth Group, Inc. | &nbsp;&nbsp; **39265510** |
| **Health Care Technology 0.8%** | **Health Care Technology 0.8%** | **Health Care Technology 0.8%** |
| 2527536 | Waystar Holding Corp. | &nbsp;&nbsp; **67131356**<br> <sup>\*</sup><br>|
| **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** | **Hotels, Restaurants & Leisure 2.5%** |
| 1888735 | &nbsp;&nbsp; First Watch Restaurant Group, <br> Inc.<br>| &nbsp;&nbsp; 30200873<br> <sup>\*</sup><br>|
| 137983 | &nbsp;&nbsp; Marriott International, Inc. <br> Class A<br>| &nbsp;&nbsp; 43506040 |
| 343168 | McDonald's Corp. | &nbsp;&nbsp; 108097920<br> <sup>(a)</sup><br>|
| 3739294 | Sweetgreen, Inc. Class A | &nbsp;&nbsp; 22959265<br> <sup>\*(b)</sup><br>|
|  |  | &nbsp;&nbsp; **204764098** |
| **Independent Power and Renewable Electricity** <br> **Producers 0.1%** | **Independent Power and Renewable Electricity** <br> **Producers 0.1%** | **Independent Power and Renewable Electricity** <br> **Producers 0.1%** |
| 74669 | Vistra Corp. | &nbsp;&nbsp; **11823836** |
| **Interactive Media & Services 8.5%** | **Interactive Media & Services 8.5%** | **Interactive Media & Services 8.5%** |
| 1336116 | Alphabet, Inc. Class A | &nbsp;&nbsp; 451607208<br> <sup>(a)</sup><br>|
| 331827 | Meta Platforms, Inc. Class A | &nbsp;&nbsp; 237754045 |
|  |  | &nbsp;&nbsp; **689361253** |
| **IT Services 0.3%** | **IT Services 0.3%** | **IT Services 0.3%** |
| 76960 | Cloudflare, Inc. Class A | &nbsp;&nbsp; 13648856<br> <sup>\*</sup><br>|
| 91076 | Shopify, Inc. Class A | &nbsp;&nbsp; 11951230<br> <sup>\*</sup><br>|
|  |  | &nbsp;&nbsp; **25600086** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Leisure Products 0.2%** | **Leisure Products 0.2%** | **Leisure Products 0.2%** |
| 3045279 | &nbsp;&nbsp; Peloton Interactive, Inc. <br> Class A<br>| &nbsp;&nbsp; **$17023110**<br> <sup>\*</sup><br>|
| **Life Sciences Tools & Services 1.2%** | **Life Sciences Tools & Services 1.2%** | **Life Sciences Tools & Services 1.2%** |
| 161409 | Danaher Corp. | &nbsp;&nbsp; 35330816 |
| 14152 | &nbsp;&nbsp; Mettler-Toledo International, <br> Inc.<br>| &nbsp;&nbsp; 19434093<br> <sup>\*</sup><br>|
| 80563 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 46614557 |
|  |  | &nbsp;&nbsp; **101379466** |
| **Machinery 0.9%** | **Machinery 0.9%** | **Machinery 0.9%** |
| 62098 | Caterpillar, Inc. | &nbsp;&nbsp; 40820741 |
| 58135 | Deere & Co. | &nbsp;&nbsp; 30695280 |
|  |  | &nbsp;&nbsp; **71516021** |
| **Media 0.3%** | **Media 0.3%** | **Media 0.3%** |
| 561767 | NIQ Global Intelligence PLC | &nbsp;&nbsp; 9544421<br> <sup>\*(b)</sup><br>|
| 461578 | Trade Desk, Inc. Class A | &nbsp;&nbsp; 13999661<br> <sup>\*</sup><br>|
|  |  | &nbsp;&nbsp; **23544082** |
| **Miscellaneous Manufacturers 0.4%** | **Miscellaneous Manufacturers 0.4%** | **Miscellaneous Manufacturers 0.4%** |
| 2041517 | &nbsp;&nbsp; Celebration Bidco <br> Holdings LLC<br>| &nbsp;&nbsp; **33337973**<br> <sup>\*#(d)(e)</sup><br>|
| **Multi-Utilities 1.7%** | **Multi-Utilities 1.7%** | **Multi-Utilities 1.7%** |
| 3530694 | CenterPoint Energy, Inc. | &nbsp;&nbsp; **140133245** |
| **Oil, Gas & Consumable Fuels 2.3%** | **Oil, Gas & Consumable Fuels 2.3%** | **Oil, Gas & Consumable Fuels 2.3%** |
| 495991 | Chevron Corp. | &nbsp;&nbsp; 87740808 |
| 928693 | Hess Midstream LP Class A | &nbsp;&nbsp; 32940741 |
| 938728 | Williams Cos., Inc. | &nbsp;&nbsp; 63138845 |
|  |  | &nbsp;&nbsp; **183820394** |
| **Pharmaceuticals 2.4%** | **Pharmaceuticals 2.4%** | **Pharmaceuticals 2.4%** |
| 93396 | Eli Lilly & Co. | &nbsp;&nbsp; 96865661 |
| 216988 | Johnson & Johnson | &nbsp;&nbsp; 49310523 |
| 320073 | Merck & Co., Inc. | &nbsp;&nbsp; 35294450 |
| 191808 | Novo Nordisk AS ADR | &nbsp;&nbsp; 11399150 |
|  |  | &nbsp;&nbsp; **192869784** |
| **Professional Services 0.9%** | **Professional Services 0.9%** | **Professional Services 0.9%** |
| 101987 | Equifax, Inc. | &nbsp;&nbsp; 20540182 |
| 403987 | Jacobs Solutions, Inc. | &nbsp;&nbsp; 54643281 |
|  |  | &nbsp;&nbsp; **75183463** |
| **Semiconductors & Semiconductor Equipment 8.9%** | **Semiconductors & Semiconductor Equipment 8.9%** | **Semiconductors & Semiconductor Equipment 8.9%** |
| 221855 | Advanced Micro Devices, Inc. | &nbsp;&nbsp; 52519734<br> <sup>\*</sup><br>|
| 87446 | Analog Devices, Inc. | &nbsp;&nbsp; 27185213 |
| 60218 | ASML Holding NV | &nbsp;&nbsp; 85690214 |
| 454443 | Broadcom, Inc. | &nbsp;&nbsp; 150556966 |
| 2834790 | &nbsp;&nbsp; indie Semiconductor, Inc. <br> Class A<br>| &nbsp;&nbsp; 11622639<br> <sup>\*(b)</sup><br>|
| 2099664 | NVIDIA Corp. | &nbsp;&nbsp; 401308780 |
|  |  | &nbsp;&nbsp; **728883546** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software 8.7%** | **Software 8.7%** | **Software 8.7%** |
| 359091 | Arctic Wolf Networks, Inc. | &nbsp;&nbsp; $4151092<br> <sup>\*#(d)(e)</sup><br>|
| 14063 | Canva, Inc. | &nbsp;&nbsp; 23149667<br> <sup>\*#(d)(e)</sup><br>|
| 159794 | &nbsp;&nbsp; Crowdstrike Holdings, Inc. <br> Class A<br>| &nbsp;&nbsp; 70533870<br> <sup>\*</sup><br>|
| 93445 | HubSpot, Inc. | &nbsp;&nbsp; 26164600<br> <sup>\*</sup><br>|
| 853317 | Microsoft Corp. | &nbsp;&nbsp; 367173772<br> <sup>(a)</sup><br>|
| 2500 | Oracle Corp. | &nbsp;&nbsp; 411450 |
| 157080 | Salesforce, Inc. | &nbsp;&nbsp; 33346513 |
| 531692 | ServiceNow, Inc. | &nbsp;&nbsp; 62213281<br> <sup>\*</sup><br>|
| 179381 | &nbsp;&nbsp; Superhuman Platform, Inc. <br> Class A<br>| &nbsp;&nbsp; 2349891<br> <sup>\*#(d)(e)</sup><br>|
| 191114 | Synopsys, Inc. | &nbsp;&nbsp; 88889988<br> <sup>\*</sup><br>|
| 186490 | Workday, Inc. Class A | &nbsp;&nbsp; 32753239<br> <sup>\*(a)</sup><br>|
|  |  | &nbsp;&nbsp; **711137363** |
| **Specialized REITs 1.1%** | **Specialized REITs 1.1%** | **Specialized REITs 1.1%** |
| 108133 | Equinix, Inc. | &nbsp;&nbsp; **88769624** |
| **Specialty Retail 6.2%** | **Specialty Retail 6.2%** | **Specialty Retail 6.2%** |
| 167110 | &nbsp;&nbsp; Asbury Automotive Group, <br> Inc.<br>| &nbsp;&nbsp; 39188966<br> <sup>\*</sup><br>|
| 1038213 | Chewy, Inc. Class A | &nbsp;&nbsp; 30222380<br> <sup>\*</sup><br>|
| 2026590 | Fanatics Holdings, Inc. Class A | &nbsp;&nbsp; 134504778<br> <sup>\*#(d)(e)</sup><br>|
| 406494 | Home Depot, Inc. | &nbsp;&nbsp; 152268588 |
| 336000 | O'Reilly Automotive, Inc. | &nbsp;&nbsp; 33065760<br> <sup>\*</sup><br>|
| 748048 | TJX Cos., Inc. | &nbsp;&nbsp; 112065071 |
|  |  | &nbsp;&nbsp; **501315543** |
| **Technology Hardware, Storage & Peripherals 4.4%** | **Technology Hardware, Storage & Peripherals 4.4%** | **Technology Hardware, Storage & Peripherals 4.4%** |
| 1381603 | Apple, Inc. | &nbsp;&nbsp; **358498346**<br> <sup>(a)</sup><br>|
| **Textiles, Apparel & Luxury Goods 0.5%** | **Textiles, Apparel & Luxury Goods 0.5%** | **Textiles, Apparel & Luxury Goods 0.5%** |
| 630325 | NIKE, Inc. Class B | &nbsp;&nbsp; **38960388** |
| **Tobacco 0.2%** | **Tobacco 0.2%** | **Tobacco 0.2%** |
| 91817 | Philip Morris International, Inc. | &nbsp;&nbsp; **16475642** |
| **Total Common Stocks** <br>**(Cost $4,560,017,571)** | **Total Common Stocks** <br>**(Cost $4,560,017,571)** | &nbsp;&nbsp; **6987036154** |
| **Preferred Stocks 1.3%** | **Preferred Stocks 1.3%** | **Preferred Stocks 1.3%** |
| **Capital Markets 0.3%** | **Capital Markets 0.3%** | **Capital Markets 0.3%** |
| 481750 | KKR & Co., Inc. Series D <br>| &nbsp;&nbsp; **23576845** |
| **Entertainment 0.1%** | **Entertainment 0.1%** | **Entertainment 0.1%** |
| 39203 | A24 Films LLC<sup>(f)</sup> <br>| &nbsp;&nbsp; **5741993**<br> <sup>#(d)(e)</sup><br>|
| **IT Services 0.1%** | **IT Services 0.1%** | **IT Services 0.1%** |
| 658071 | Druva, Inc. Series 4 | &nbsp;&nbsp; 4909209<br> <sup>\*#(d)(e)</sup><br>|
| 480112 | Druva, Inc. Series 5 | &nbsp;&nbsp; 4628280<br> <sup>\*#(d)(e)</sup><br>|
|  |  | &nbsp;&nbsp; **9537489** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Software 0.4%** | **Software 0.4%** | **Software 0.4%** |
| 959038 | Cybereason, Inc. Series F | &nbsp;&nbsp; $479519<br> <sup>\*#(d)(e)</sup><br>|
| 142463 | Cybereason, Inc. Series H | &nbsp;&nbsp; 247523<br> <sup>\*#(d)(e)</sup><br>|
| 38 | Databricks, Inc. Series B | &nbsp;&nbsp; 7220<br> <sup>\*#(d)(e)</sup><br>|
| 3106 | Databricks, Inc. Series C | &nbsp;&nbsp; 590140<br> <sup>\*#(d)(e)</sup><br>|
| 63814 | Databricks, Inc. Series D | &nbsp;&nbsp; 12124660<br> <sup>\*#(d)(e)</sup><br>|
| 24642 | Databricks, Inc. Series E | &nbsp;&nbsp; 4681980<br> <sup>\*#(d)(e)</sup><br>|
| 12624 | Databricks, Inc. Series F | &nbsp;&nbsp; 2398560<br> <sup>\*#(d)(e)</sup><br>|
| 153 | Databricks, Inc. Series G | &nbsp;&nbsp; 29070<br> <sup>\*#(d)(e)</sup><br>|
| 369 | Databricks, Inc. Series H | &nbsp;&nbsp; 70110<br> <sup>\*#(d)(e)</sup><br>|
| 12228 | Databricks, Inc. Series K | &nbsp;&nbsp; 2323320<br> <sup>\*#(d)(e)</sup><br>|
| 180619 | Signifyd, Inc. Series Seed | &nbsp;&nbsp; 829041<br> <sup>\*#(d)(e)</sup><br>|
| 78686 | Signifyd, Inc. Series A | &nbsp;&nbsp; 363529<br> <sup>\*#(d)(e)</sup><br>|
| 55626 | &nbsp;&nbsp; Superhuman Platform, Inc. <br> Series 3<br>| &nbsp;&nbsp; 1424026<br> <sup>\*#(d)(e)</sup><br>|
| 325371 | Videoamp, Inc. Series F1 | &nbsp;&nbsp; 5135005<br> <sup>\*#(d)(e)</sup><br>|
|  |  | &nbsp;&nbsp; **30703703** |
| **Specialty Retail 0.4%** | **Specialty Retail 0.4%** | **Specialty Retail 0.4%** |
| 23000 | Fabletics LLC Series G | &nbsp;&nbsp; 33850020<br> <sup>\*#(d)(e)</sup><br>|
| 22208 | Savage X Fenty Series C1 | &nbsp;&nbsp; 53417<br> <sup>\*#(d)(e)</sup><br>|
| 288275 | Savage X Fenty Series D | &nbsp;&nbsp; 3407900<br> <sup>\*#(d)(e)</sup><br>|
|  |  | &nbsp;&nbsp; **37311337** |
| **Total Preferred Stocks** <br>**(Cost $95,057,337)** | **Total Preferred Stocks** <br>**(Cost $95,057,337)** | &nbsp;&nbsp; **106871367** |

---

---

| | | |
|:---|:---|:---|
| **Number of Units** | **Number of Units** | **Value** |
| **Master Limited Partnerships and Limited**<br> **Partnerships 2.6%** | **Master Limited Partnerships and Limited**<br> **Partnerships 2.6%** | **Master Limited Partnerships and Limited**<br> **Partnerships 2.6%** |
| **Multi-Utilities 1.7%** | **Multi-Utilities 1.7%** | **Multi-Utilities 1.7%** |
| 3831140 | &nbsp;&nbsp; Brookfield Infrastructure <br> Partners LP <br>| &nbsp;&nbsp; **$138495711** |
| **Oil, Gas & Consumable Fuels 0.9%** | **Oil, Gas & Consumable Fuels 0.9%** | **Oil, Gas & Consumable Fuels 0.9%** |
| 2075387 | &nbsp;&nbsp; Enterprise Products <br> Partners LP <br>| &nbsp;&nbsp; **68882095** |
| **Total Master Limited Partnerships and** <br> **Limited Partnerships** <br>**(Cost $150,862,724)** | **Total Master Limited Partnerships and** <br> **Limited Partnerships** <br>**(Cost $150,862,724)** | &nbsp;&nbsp; **207377806** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Corporate Bonds 0.0%**<sup>‡</sup> | **Corporate Bonds 0.0%**<sup>‡</sup> | **Corporate Bonds 0.0%**<sup>‡</sup> |
| **Miscellaneous Manufacturer 0.0%**<sup>‡</sup> | **Miscellaneous Manufacturer 0.0%**<sup>‡</sup> | **Miscellaneous Manufacturer 0.0%**<sup>‡</sup> |
| $19084979 | &nbsp;&nbsp; Anagram Holdings LLC/Anagram International, Inc., 10.00%, due 8/15/2026 <br>**(Cost $11,248,952)**<br>| &nbsp;&nbsp; **$0**<br> <sup>#(d)(e)(g)</sup><br>|
| **Loan Assignments**<sup>(h)</sup> **0.3%** | **Loan Assignments**<sup>(h)</sup> **0.3%** | **Loan Assignments**<sup>(h)</sup> **0.3%** |
| **Interactive Media & Services 0.1%** | **Interactive Media & Services 0.1%** | **Interactive Media & Services 0.1%** |
| X Corp. |  |  |
| 4961637 | &nbsp;&nbsp;&nbsp; Term Loan, (3 mo. USD Term SOFR + 6.50%), 10.42%, due 10/26/2029 | &nbsp;&nbsp; 4950275 |
| 5000000 | &nbsp;&nbsp;&nbsp; Term Loan, (6 mo. USD Term SOFR + 9.50%), 9.50%, due 10/26/2029 | &nbsp;&nbsp; 5168750 |
|  |  | &nbsp;&nbsp; **10119025** |
| **Miscellaneous Manufacturer 0.2%** | **Miscellaneous Manufacturer 0.2%** | **Miscellaneous Manufacturer 0.2%** |
| Celebration Bidco LLC |  |  |
| 11957162 | &nbsp;&nbsp;&nbsp; Term Loan, (3 mo. USD Term SOFR + 8.00%), 11.67%, due 12/29/2028 | &nbsp;&nbsp; 12151465<br> <sup>#(d)</sup><br>|
| 2314878 | &nbsp;&nbsp;&nbsp; Term Loan, (3 mo. USD Term SOFR + 8.00%), 11.67%, due 12/29/2028 | &nbsp;&nbsp; 2352495<br> <sup>#(d)</sup><br>|
|  |  | &nbsp;&nbsp; **14503960** |
| **Total Loan Assignments** <br>**(Cost $23,959,226)** | **Total Loan Assignments** <br>**(Cost $23,959,226)** | &nbsp;&nbsp; **24622985** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Convertible Bonds 0.3%** | **Convertible Bonds 0.3%** | **Convertible Bonds 0.3%** |
| **Software 0.3%** | **Software 0.3%** | **Software 0.3%** |
| $19850 | Arctic Wolf Networks, Inc., 0.00% Cash/3.00% PIK, due 9/29/2027 **(Cost $19,850,000)** | &nbsp;&nbsp; **$27446595**<br> <sup>#(d)(e)(i)</sup><br>|
| **Total Purchased Option Contracts 0.0%**<sup>‡</sup><sup>(j)</sup> <br>**(Cost $2,141,472)** | **Total Purchased Option Contracts 0.0%**<sup>‡</sup><sup>(j)</sup> <br>**(Cost $2,141,472)** | &nbsp;&nbsp; **929398** |
| **Number of Shares** | **Number of Shares** |  |
| **Short-Term Investments 6.2%** | **Short-Term Investments 6.2%** | **Short-Term Investments 6.2%** |
| **Investment Companies 6.2%** | **Investment Companies 6.2%** | **Investment Companies 6.2%** |
| 500464319 | State Street Institutional U.S. Government Money Market Fund Premier Class, 3.65%<sup>(k)</sup> | &nbsp;&nbsp; 500464319 |
| 3142629 | State Street Navigator Securities Lending Government Money Market Portfolio, 3.70%<sup>(k)</sup> | &nbsp;&nbsp; 3142629<br> <sup>(l)</sup><br>|
| **Total Short-Term Investments** <br>**(Cost $503,606,948)** | **Total Short-Term Investments** <br>**(Cost $503,606,948)** | &nbsp;&nbsp; **503606948** |
| **Total Long Positions (96.4%)** <br>**(Cost $5,366,744,230)** | **Total Long Positions (96.4%)** <br>**(Cost $5,366,744,230)** | &nbsp;&nbsp; **7857891253** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Short Positions ((11.7)%)** | **Short Positions ((11.7)%)** | **Short Positions ((11.7)%)** |
| **Common Stocks Sold Short (11.7)%** | **Common Stocks Sold Short (11.7)%** | **Common Stocks Sold Short (11.7)%** |
| **Banks (0.2)%** | **Banks (0.2)%** | **Banks (0.2)%** |
| (229812)<br>| Bank of Nova Scotia <br>| &nbsp;&nbsp; **$(17171553)**<br>|
| **Beverages (0.3)%** | **Beverages (0.3)%** | **Beverages (0.3)%** |
| (35408)<br>| Boston Beer Co., Inc. Class A | &nbsp;&nbsp; (7563857)<sup>\*</sup><br>|
| (119382)<br>| &nbsp;&nbsp; Constellation Brands, Inc. <br> Class A<br>| &nbsp;&nbsp; (18707159)<br>|
|  |  | &nbsp;&nbsp; **(26271016)**<br>|
| **Capital Markets (0.5)%** | **Capital Markets (0.5)%** | **Capital Markets (0.5)%** |
| (32071)<br>| &nbsp;&nbsp; FactSet Research Systems, <br> Inc.<br>| &nbsp;&nbsp; (8157579)<br>|
| (33290)<br>| Goldman Sachs Group, Inc. | &nbsp;&nbsp; (31139799)<br>|
|  |  | &nbsp;&nbsp; **(39297378)**<br>|
| **Commercial Services & Supplies (0.3)%** | **Commercial Services & Supplies (0.3)%** | **Commercial Services & Supplies (0.3)%** |
| (338743)<br>| Tetra Tech, Inc. | &nbsp;&nbsp; (12757061)<br>|
| (116415)<br>| Veralto Corp. | &nbsp;&nbsp; (11522757)<br>|
|  |  | &nbsp;&nbsp; **(24279818)**<br>|
| **Construction & Engineering (0.2)%** | **Construction & Engineering (0.2)%** | **Construction & Engineering (0.2)%** |
| (104847)<br>| WSP Global, Inc. <br>| &nbsp;&nbsp; **(20268700)**<br>|
| **Consumer Staples Distribution & Retail (1.0)%** | **Consumer Staples Distribution & Retail (1.0)%** | **Consumer Staples Distribution & Retail (1.0)%** |
| (159509)<br>| &nbsp;&nbsp; BJ's Wholesale Club <br> Holdings, Inc.<br>| &nbsp;&nbsp; (14745012)<sup>\*</sup><br>|

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Consumer Staples Distribution & Retail – cont'd** | **Consumer Staples Distribution & Retail – cont'd** | **Consumer Staples Distribution & Retail – cont'd** |
| (201864)<br>| Dollar General Corp. | &nbsp;&nbsp; $(28953354)<br>|
| (479772)<br>| Kroger Co. | &nbsp;&nbsp; (30153670)<br>|
| (77496)<br>| Sprouts Farmers Market, Inc. | &nbsp;&nbsp; (5495241)<sup>\*</sup><br>|
|  |  | &nbsp;&nbsp; **(79347277)**<br>|
| **Diversified Consumer Services (0.1)%** | **Diversified Consumer Services (0.1)%** | **Diversified Consumer Services (0.1)%** |
| (54810)<br>| Duolingo, Inc. <br>| &nbsp;&nbsp; **(7347829)**<sup>\*</sup><br>|
| **Electric Utilities (0.3)%** | **Electric Utilities (0.3)%** | **Electric Utilities (0.3)%** |
| (454506)<br>| Exelon Corp. <br>| &nbsp;&nbsp; **(20352779)**<br>|
| **Electrical Equipment (0.1)%** | **Electrical Equipment (0.1)%** | **Electrical Equipment (0.1)%** |
| (23065)<br>| Rockwell Automation, Inc. <br>| &nbsp;&nbsp; **(9725357)**<br>|
| **Financial Services (0.5)%** | **Financial Services (0.5)%** | **Financial Services (0.5)%** |
| (594561)<br>| MGIC Investment Corp. | &nbsp;&nbsp; (16005582)<br>|
| (463194)<br>| PayPal Holdings, Inc. | &nbsp;&nbsp; (24405692)<br>|
|  |  | &nbsp;&nbsp; **(40411274)**<br>|
| **Food Products (0.1)%** | **Food Products (0.1)%** | **Food Products (0.1)%** |
| (538844)<br>| Flowers Foods, Inc. <br>| &nbsp;&nbsp; **(6158987)**<br>|
| **Ground Transportation (0.3)%** | **Ground Transportation (0.3)%** | **Ground Transportation (0.3)%** |
| (22607)<br>| &nbsp;&nbsp; JB Hunt Transport Services, <br> Inc.<br>| &nbsp;&nbsp; (4582891)<br>|
| (241685)<br>| Uber Technologies, Inc. | &nbsp;&nbsp; (19346884)<sup>\*</sup><br>|
|  |  | &nbsp;&nbsp; **(23929775)**<br>|

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Health Care Equipment & Supplies (0.1)%** | **Health Care Equipment & Supplies (0.1)%** | **Health Care Equipment & Supplies (0.1)%** |
| (259608)<br>| Medline, Inc. Class A <br>| &nbsp;&nbsp; **$(11474674)**<sup>\*</sup><br>|
| **Health Care Technology (0.0)%**<sup>‡</sup> | **Health Care Technology (0.0)%**<sup>‡</sup> | **Health Care Technology (0.0)%**<sup>‡</sup> |
| (88154)<br>| Doximity, Inc. Class A <br>| &nbsp;&nbsp; **(3303130)**<sup>\*</sup><br>|
| **Hotels, Restaurants & Leisure (0.5)%** | **Hotels, Restaurants & Leisure (0.5)%** | **Hotels, Restaurants & Leisure (0.5)%** |
| (389235)<br>| Cheesecake Factory, Inc. | &nbsp;&nbsp; (22560061)<br>|
| (178275)<br>| &nbsp;&nbsp; Restaurant Brands <br> International, Inc.<br>| &nbsp;&nbsp; (11942642)<br>|
| (39350)<br>| Texas Roadhouse, Inc. | &nbsp;&nbsp; (7057733)<br>|
|  |  | &nbsp;&nbsp; **(41560436)**<br>|
| **Household Products (0.3)%** | **Household Products (0.3)%** | **Household Products (0.3)%** |
| (279098)<br>| Church & Dwight Co., Inc. <br>| &nbsp;&nbsp; **(26863182)**<br>|
| **Independent Power and Renewable Electricity Producers** <br> **(0.2)%** | **Independent Power and Renewable Electricity Producers** <br> **(0.2)%** | **Independent Power and Renewable Electricity Producers** <br> **(0.2)%** |
| (48460)<br>| Talen Energy Corp. <br>| &nbsp;&nbsp; **(16881526)**<sup>\*</sup><br>|
| **Insurance (0.2)%** | **Insurance (0.2)%** | **Insurance (0.2)%** |
| (68849)<br>| Allstate Corp. <br>| &nbsp;&nbsp; **(13700263)**<br>|
| **IT Services (0.6)%** | **IT Services (0.6)%** | **IT Services (0.6)%** |
| (61294)<br>| Accenture PLC Class A | &nbsp;&nbsp; (16159550)<br>|
| (83593)<br>| &nbsp;&nbsp; Cognizant Technology <br> Solutions Corp. Class A<br>| &nbsp;&nbsp; (6859642)<br>|
| (42279)<br>| EPAM Systems, Inc. | &nbsp;&nbsp; (8819399)<sup>\*</sup><br>|
| (71042)<br>| Gartner, Inc. | &nbsp;&nbsp; (14891114)<sup>\*</sup><br>|
|  |  | &nbsp;&nbsp; **(46729705)**<br>|
| **Machinery (0.5)%** | **Machinery (0.5)%** | **Machinery (0.5)%** |
| (47600)<br>| Dover Corp. | &nbsp;&nbsp; (9590924)<br>|
| (63806)<br>| Illinois Tool Works, Inc. | &nbsp;&nbsp; (16669955)<br>|
| (88400)<br>| Otis Worldwide Corp. | &nbsp;&nbsp; (7551128)<br>|
| (65369)<br>| PACCAR, Inc. | &nbsp;&nbsp; (8034504)<br>|
|  |  | &nbsp;&nbsp; **(41846511)**<br>|
| **Media (0.7)%** | **Media (0.7)%** | **Media (0.7)%** |
| (94336)<br>| Nexstar Media Group, Inc. | &nbsp;&nbsp; (20035080)<br>|
| (386809)<br>| Omnicom Group, Inc. | &nbsp;&nbsp; (29799765)<br>|
| (650916)<br>| &nbsp;&nbsp; Paramount Skydance Corp. <br> Class B<br>| &nbsp;&nbsp; (7296768)<br>|
|  |  | &nbsp;&nbsp; **(57131613)**<br>|
| **Multi-Utilities (0.8)%** | **Multi-Utilities (0.8)%** | **Multi-Utilities (0.8)%** |
| (343716)<br>| Consolidated Edison, Inc. | &nbsp;&nbsp; (36650437)<br>|
| (365799)<br>| &nbsp;&nbsp; Public Service Enterprise <br> Group, Inc.<br>| &nbsp;&nbsp; (30127206)<br>|
|  |  | &nbsp;&nbsp; **(66777643)**<br>|

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Oil, Gas & Consumable Fuels (0.2)%** | **Oil, Gas & Consumable Fuels (0.2)%** | **Oil, Gas & Consumable Fuels (0.2)%** |
| (417155)<br>| Murphy Oil Corp. <br>| &nbsp;&nbsp; **$(12552194)**<br>|
| **Professional Services (1.0)%** | **Professional Services (1.0)%** | **Professional Services (1.0)%** |
| (387275)<br>| ExlService Holdings, Inc. | &nbsp;&nbsp; (15161816)<sup>\*</sup><br>|
| (266258)<br>| Genpact Ltd. | &nbsp;&nbsp; (11741978)<br>|
| (22884)<br>| Leidos Holdings, Inc. | &nbsp;&nbsp; (4308600)<br>|
| (86515)<br>| Paycom Software, Inc. | &nbsp;&nbsp; (11657896)<br>|
| (81289)<br>| Paylocity Holding Corp. | &nbsp;&nbsp; (10972389)<sup>\*</sup><br>|
| (592273)<br>| Robert Half, Inc. | &nbsp;&nbsp; (20498569)<br>|
| (32065)<br>| &nbsp;&nbsp; Science Applications <br> International Corp.<br>| &nbsp;&nbsp; (3262934)<br>|
|  |  | &nbsp;&nbsp; **(77604182)**<br>|
| **Semiconductors & Semiconductor Equipment (0.3)%** | **Semiconductors & Semiconductor Equipment (0.3)%** | **Semiconductors & Semiconductor Equipment (0.3)%** |
| (245097)<br>| Marvell Technology, Inc. | &nbsp;&nbsp; (19343055)<br>|
| (35221)<br>| Texas Instruments, Inc. | &nbsp;&nbsp; (7591887)<br>|
|  |  | &nbsp;&nbsp; **(26934942)**<br>|
| **Software (0.6)%** | **Software (0.6)%** | **Software (0.6)%** |
| (16854)<br>| AppLovin Corp. Class A | &nbsp;&nbsp; (7973796)<sup>\*</sup><br>|
| (265778)<br>| Figma, Inc. Class A | &nbsp;&nbsp; (6888966)<sup>\*</sup><br>|
| (2500)<br>| Oracle Corp. | &nbsp;&nbsp; (411450)<br>|
| (109984)<br>| &nbsp;&nbsp; Palantir Technologies, Inc. <br> Class A<br>| &nbsp;&nbsp; (16122555)<sup>\*</sup><br>|
| (43958)<br>| Roper Technologies, Inc. | &nbsp;&nbsp; (16318528)<br>|
|  |  | &nbsp;&nbsp; **(47715295)**<br>|
| **Specialized REITs (0.4)%** | **Specialized REITs (0.4)%** | **Specialized REITs (0.4)%** |
| (246820)<br>| &nbsp;&nbsp; Lamar Advertising Co. <br> Class A <br>| &nbsp;&nbsp; **(31669474)**<br>|
| **Specialty Retail (0.7)%** | **Specialty Retail (0.7)%** | **Specialty Retail (0.7)%** |
| (221201)<br>| Best Buy Co., Inc. | &nbsp;&nbsp; (14400185)<br>|
| (406741)<br>| CarMax, Inc. | &nbsp;&nbsp; (18116244)<sup>\*</sup><br>|
| (153239)<br>| &nbsp;&nbsp; Floor & Decor Holdings, Inc. <br> Class A<br>| &nbsp;&nbsp; (10107645)<sup>\*</sup><br>|
| (247972)<br>| &nbsp;&nbsp; Sonic Automotive, Inc. <br> Class A<br>| &nbsp;&nbsp; (14868401)<br>|
|  |  | &nbsp;&nbsp; **(57492475)**<br>|
| **Technology Hardware, Storage & Peripherals (0.1)%** | **Technology Hardware, Storage & Peripherals (0.1)%** | **Technology Hardware, Storage & Peripherals (0.1)%** |
| (237164)<br>| Super Micro Computer, Inc. <br>| &nbsp;&nbsp; **(6903844)**<sup>\*</sup><br>|
| **Textiles, Apparel & Luxury Goods (0.5)%** | **Textiles, Apparel & Luxury Goods (0.5)%** | **Textiles, Apparel & Luxury Goods (0.5)%** |
| (271782)<br>| Kontoor Brands, Inc. | &nbsp;&nbsp; (16233539)<br>|
| (6710)<br>| PVH Corp. | &nbsp;&nbsp; (418436)<br>|
| (1263289)<br>| VF Corp. | &nbsp;&nbsp; (24747831)<br>|
|  |  | &nbsp;&nbsp; **(41399806)**<br>|

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Trading Companies & Distributors (0.1)%** | **Trading Companies & Distributors (0.1)%** | **Trading Companies & Distributors (0.1)%** |
| (10842)<br>| WW Grainger, Inc. <br>| &nbsp;&nbsp; **$(11708709)**<br>|
| **Total Short Positions (Proceeds** <br> **$(949147702))** | **Total Short Positions (Proceeds** <br> **$(949147702))** | &nbsp;&nbsp; **(954811347)**<br>|

---

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Total Investments 84.7%** <br> **(Cost $4,417,596,528)** | &nbsp;&nbsp; **6903079906** |
| Other Assets Less Liabilities 15.3% | &nbsp;&nbsp; 1246710827<br> <sup>(m)</sup><br>|
| **Net Assets 100.0%** | &nbsp;&nbsp; **$8149790733** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ‡ | Represents less than 0.05% of net assets of the Fund. |
| \* | Non-income producing security. |
| (a) | All or a portion of the security is pledged as collateral for securities sold short and/or options written. At <br> January 31, 2026, the Fund had securities pledged in the amount of $540,866,885 to cover collateral <br> requirements for securities sold short and/or options written.<br>|
| (b) | All or a portion of this security is on loan at January 31, 2026. Total value of all such securities at January 31, <br> 2026 amounted to $119,603,604, collateralized by cash collateral of $3,142,629 and non-cash <br> (U.S. Treasury Securities and U.S. Government Agency Securities) collateral of $133,212,005 for the Fund <br> (see Note A of the Notes to Consolidated Schedule of Investments).<br>|
| (c) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. <br> Regulation S applies to securities offerings that are made outside of the United States and do not involve <br> directed selling efforts in the United States and as such may have restrictions on resale. Total value of all <br> such securities at January 31, 2026 amounted to $12,811,339, which represents 0.2% of net assets of the <br> Fund.<br>|
| (d) | Value determined using significant unobservable inputs. |
| (e) | Security fair valued as of January 31, 2026 in accordance with procedures approved by the valuation <br> designee. Total value of all such securities at January 31, 2026 amounted to $308,234,518, which <br> represents 3.8% of net assets of the Fund.<br>|
| (f) | Security represented in Units. |
| (g) | Defaulted security. |
| (h) | Variable or floating rate security. The interest rate shown was the current rate as of January 31, 2026 and <br> changes periodically.<br>|
| (i) | Payment-in-kind (PIK) security. |
| (j) | See "Purchased option contracts" under Derivative Instruments. |
| (k) | Represents 7-day effective yield as of January 31, 2026. |
| (l) | Represents investment of cash collateral received from securities lending. |
| (m) | Includes the impact of the Fund's open positions in derivatives at January 31, 2026. |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

# This security is subject to restrictions on resale. Total value of all such securities at January 31, 2026 amounted to $322,738,478, which represents 4.0% of net assets of the Fund. Acquisition dates shown with a range, if any, represent securities that were acquired over the period shown in the table.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Restricted Security** | **Acquisition** <br>**Date(s)**<br>| &nbsp;&nbsp; **Acquisition** <br>**Cost**<br>| &nbsp;&nbsp; **Value as of** <br>**1/31/2026**<br>| &nbsp;&nbsp; **Fair Value** <br>**Percentage** <br>**of Net Assets** <br>**as of** <br>**1/31/2026**<br>|
| A24 Films LLC (Preferred Units) | 2/25/2022 | $4463654 | $5741993 | 0.1% |
| Anagram Holdings LLC/Anagram International, Inc. | 5/6/2020-8/15/2023 | 11248952 |  | 0.0% |
| Arctic Wolf Networks, Inc. | 12/31/2021 | 3950001 | 4151092 | 0.1% |
| Arctic Wolf Networks, Inc. (Convertible Bonds) | 9/30/2022 | 19850000 | 27446595 | 0.3% |
| Canva, Inc. | 3/19/2024 | 15000454 | 23149667 | 0.3% |
| Celebration Bidco Holdings LLC | 12/29/2023 | 30622755 | 33337973 | 0.4% |
| Celebration Bidco LLC | 12/29/2023-12/31/2025 | 11714004 | 12151465 | 0.2% |
| Celebration Bidco LLC | 1/31/2025-1/30/2026 | 2314878 | 2352495 | 0.0% |
| Cybereason, Inc. (Series F Preferred Shares) | 7/13/2021 | 4750000 | 479519 | 0.0% |
| Cybereason, Inc. (Series H Preferred Shares) | 4/30/2025-11/20/2025 | 90005 | 247523 | 0.0% |
| Databricks, Inc. (Series B Preferred Shares) | 3/12/2025-3/26/2025 | 3515 | 7220 | 0.0% |
| Databricks, Inc. (Series C Preferred Shares) | 3/12/2025-3/26/2025 | 287305 | 590140 | 0.0% |
| Databricks, Inc. (Series D Preferred Shares) | 3/12/2025-3/26/2025 | 5902795 | 12124660 | 0.1% |
| Databricks, Inc. (Series E Preferred Shares) | 3/12/2025-3/26/2025 | 2279385 | 4681980 | 0.1% |
| Databricks, Inc. (Series F Preferred Shares) | 3/12/2025-3/26/2025 | 1167720 | 2398560 | 0.0% |
| Databricks, Inc. (Series G Preferred Shares) | 3/12/2025-3/26/2025 | 14153 | 29070 | 0.0% |
| Databricks, Inc. (Series H Preferred Shares) | 3/12/2025-3/26/2025 | 34133 | 70110 | 0.0% |
| Databricks, Inc. (Series K Preferred Shares) | 9/8/2025 | 1834200 | 2323320 | 0.0% |
| Druva, Inc. (Series 4 Preferred Shares) | 6/14/2019 | 3429998 | 4909209 | 0.1% |
| Druva, Inc. (Series 5 Preferred Shares) | 4/1/2021 | 4500000 | 4628280 | 0.1% |
| Fabletics LLC (Series G Preferred Shares) | 1/10/2022 | 23000000 | 33850020 | 0.4% |
| Fanatics Holdings, Inc. Class A | 8/13/2020-4/29/2021 | 35957294 | 134504778 | 1.7% |
| Savage X Fenty (Series C1 Preferred Shares) | 3/5/2025 | 3949984 | 53417 | 0.0% |
| Savage X Fenty (Series D Preferred Shares) | 2/24/2025-3/5/2025 | 670353 | 3407900 | 0.0% |
| Signifyd, Inc. (Series A Preferred Shares) | 5/27/2021 | 2427463 | 363529 | 0.0% |
| Signifyd, Inc. (Series Seed Preferred Shares) | 5/27/2021 | 5572106 | 829041 | 0.0% |
| Superhuman Platform, Inc. (Series 3 Preferred Shares) | 12/23/2021-1/24/2022 | 1458063 | 1424026 | 0.0% |
| Superhuman Platform, Inc. Class A | 12/23/2021-1/24/2022 | 4701917 | 2349891 | 0.0% |
| Videoamp, Inc. (Series F1 Preferred Shares) | 1/4/2022 | 5135005 | 5135005 | 0.1% |
| **Total** |  | **$206330092** | **$322738478** | **4.0%** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

Derivative Instruments

**Futures contracts ("futures")**

At January 31, 2026, open positions in futures for the Fund were as follows:

**Short Futures:**<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Expiration** <br>**Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Number of** <br>**Contracts**<br>| **Open Contracts** | &nbsp;&nbsp;&nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Value and** <br>**Unrealized** <br>**Appreciation/** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)**<br>|
| 3/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1034 | NASDAQ 100 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(530855600)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(4274393)<br>|
| 3/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6083 | S&P 500 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2118632863)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23148726)<br>|
| **Total Futures** | **Total Futures** | **Total Futures** |  | &nbsp;&nbsp;&nbsp;&nbsp; **$(27423119)**<br>|

---

**Total return basket swap contracts ("total return basket swaps")**

At January 31, 2026, the Fund had outstanding total return basket swaps<sup>(a)</sup> as follows:

**Over-the-counter total return basket swaps—Short**<sup>(b)</sup><br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Reference Entity** | &nbsp;&nbsp; **Effective** <br>**Variable** <br>**Rate**<sup>(c)</sup><br>| **Spread** | &nbsp;&nbsp; **Reference** <br>**Rate**<br>| &nbsp;&nbsp; **Frequency** <br>**of Fund** <br>**Receipt/** <br>**Payment**<br>| &nbsp;&nbsp; **Maturity** <br>**Date(s)**<br>| **Value** |
| JPM | JPNBLQG3 | &nbsp;&nbsp;&nbsp;&nbsp; 4.13<br> %<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.50<br> %<br>| OBFR | 1M/T | &nbsp;&nbsp;&nbsp; 7/9/2027 | &nbsp;&nbsp;&nbsp; $11349485 |

---

(a) The following table represents required component disclosures associated with the total return basket swaps:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Reference Entity** | **Shares** | **Notional** <br>**Amount**<br>| **Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Component** <br>**Weighting**<br>|
| **JPNBLQG3** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems Inc | (89253)<br>| &nbsp;&nbsp; $(3672380)<br>| &nbsp;&nbsp; $270219 | 2.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; AAON Inc | (35237)<br>| &nbsp;&nbsp; (3576863)<br>| &nbsp;&nbsp; 263191 | 2.4<br> %<br>|
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc | (2851)<br>| &nbsp;&nbsp; (3573236)<br>| &nbsp;&nbsp; 262924 | 2.4<br> %<br>|
| &nbsp;&nbsp;&nbsp; Penumbra Inc | (8650)<br>| &nbsp;&nbsp; (3453731)<br>| &nbsp;&nbsp; 254130 | 2.3<br> %<br>|
| &nbsp;&nbsp;&nbsp; Coherent Corp | (14272)<br>| &nbsp;&nbsp; (3375639)<br>| &nbsp;&nbsp; 248384 | 2.3<br> %<br>|
| &nbsp;&nbsp;&nbsp; GE Vernova Inc | (4129)<br>| &nbsp;&nbsp; (3343355)<br>| &nbsp;&nbsp; 246009 | 2.3<br> %<br>|
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co | (15942)<br>| &nbsp;&nbsp; (3308719)<br>| &nbsp;&nbsp; 243460 | 2.2<br> %<br>|
| &nbsp;&nbsp;&nbsp; Wingstop Inc | (10594)<br>| &nbsp;&nbsp; (3134636)<br>| &nbsp;&nbsp; 230651 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Boeing Co/The | (11988)<br>| &nbsp;&nbsp; (3123380)<br>| &nbsp;&nbsp; 229823 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc | (53267)<br>| &nbsp;&nbsp; (3116236)<br>| &nbsp;&nbsp; 229297 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Fortinet Inc | (34176)<br>| &nbsp;&nbsp; (3095784)<br>| &nbsp;&nbsp; 227792 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; NU Holdings Ltd/Cayman Islands | (156271)<br>| &nbsp;&nbsp; (3092094)<br>| &nbsp;&nbsp; 227521 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings Inc | (7610)<br>| &nbsp;&nbsp; (3091976)<br>| &nbsp;&nbsp; 227512 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Pure Storage Inc | (39871)<br>| &nbsp;&nbsp; (3090767)<br>| &nbsp;&nbsp; 227423 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Masimo Corp | (19950)<br>| &nbsp;&nbsp; (3054103)<br>| &nbsp;&nbsp; 224725 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc | (70356)<br>| &nbsp;&nbsp; (3048543)<br>| &nbsp;&nbsp; 224316 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc | (13478)<br>| &nbsp;&nbsp; (3043586)<br>| &nbsp;&nbsp; 223951 | 2.1<br> %<br>|
| &nbsp;&nbsp;&nbsp; Lennox International Inc | (5416)<br>| &nbsp;&nbsp; (2988837)<br>| &nbsp;&nbsp; 219923 | 2.0<br> %<br>|
| &nbsp;&nbsp;&nbsp; Viking Holdings Ltd | (37157)<br>| &nbsp;&nbsp; (2988484)<br>| &nbsp;&nbsp; 219897 | 2.0<br> %<br>|
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings Inc | (54369)<br>| &nbsp;&nbsp; (2926117)<br>| &nbsp;&nbsp; 215308 | 2.0<br> %<br>|
| &nbsp;&nbsp;&nbsp; HEICO Corp | (7793)<br>| &nbsp;&nbsp; (2874793)<br>| &nbsp;&nbsp; 211531 | 1.9<br> %<br>|
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp | (8037)<br>| &nbsp;&nbsp; (2847416)<br>| &nbsp;&nbsp; 209517 | 1.9<br> %<br>|

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Reference Entity** | **Shares** | **Notional**<br> **Amount**<br>| **Unrealized**<br> **Appreciation/**<br> **(Depreciation)**<br>| **Component**<br> **Weighting**<br>|
| **JPNBLQG3 (cont'd)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; On Holding AG | (56201)<br>| &nbsp;&nbsp; $(2834907)<br>| &nbsp;&nbsp; $208597 | 1.9<br> %<br>|
| &nbsp;&nbsp;&nbsp; Datadog Inc | (19334)<br>| &nbsp;&nbsp; (2787215)<br>| &nbsp;&nbsp; 205087 | 1.9<br> %<br>|
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc | (14104)<br>| &nbsp;&nbsp; (2782367)<br>| &nbsp;&nbsp; 204731 | 1.9<br> %<br>|
| &nbsp;&nbsp;&nbsp; Astera Labs Inc | (16497)<br>| &nbsp;&nbsp; (2769932)<br>| &nbsp;&nbsp; 203816 | 1.9<br> %<br>|
| &nbsp;&nbsp;&nbsp; Cava Group Inc | (40276)<br>| &nbsp;&nbsp; (2721690)<br>| &nbsp;&nbsp; 200266 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Carvana Co | (6067)<br>| &nbsp;&nbsp; (2712634)<br>| &nbsp;&nbsp; 199600 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; DoorDash Inc | (11863)<br>| &nbsp;&nbsp; (2706026)<br>| &nbsp;&nbsp; 199113 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Wix.com Ltd | (27326)<br>| &nbsp;&nbsp; (2645239)<br>| &nbsp;&nbsp; 194641 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Zscaler Inc | (11831)<br>| &nbsp;&nbsp; (2637736)<br>| &nbsp;&nbsp; 194088 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; ROBLOX Corp | (35786)<br>| &nbsp;&nbsp; (2623295)<br>| &nbsp;&nbsp; 193026 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Dutch Bros Inc | (43264)<br>| &nbsp;&nbsp; (2623165)<br>| &nbsp;&nbsp; 193016 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp | (44518)<br>| &nbsp;&nbsp; (2616794)<br>| &nbsp;&nbsp; 192548 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software | (10655)<br>| &nbsp;&nbsp; (2616566)<br>| &nbsp;&nbsp; 192531 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Tempus AI Inc | (39197)<br>| &nbsp;&nbsp; (2613786)<br>| &nbsp;&nbsp; 192326 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Elastic NV | (35470)<br>| &nbsp;&nbsp; (2606880)<br>| &nbsp;&nbsp; 191818 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Insulet Corp | (9141)<br>| &nbsp;&nbsp; (2606705)<br>| &nbsp;&nbsp; 191805 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc | (11426)<br>| &nbsp;&nbsp; (2597281)<br>| &nbsp;&nbsp; 191112 | 1.8<br> %<br>|
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc | (23380)<br>| &nbsp;&nbsp; (2592708)<br>| &nbsp;&nbsp; 190775 | 1.7<br> %<br>|
| &nbsp;&nbsp;&nbsp; Toast Inc | (74598)<br>| &nbsp;&nbsp; (2587021)<br>| &nbsp;&nbsp; 190357 | 1.7<br> %<br>|
| &nbsp;&nbsp;&nbsp; Snowflake Inc | (11712)<br>| &nbsp;&nbsp; (2515864)<br>| &nbsp;&nbsp; 185121 | 1.7<br> %<br>|
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals Inc | (6473)<br>| &nbsp;&nbsp; (2439268)<br>| &nbsp;&nbsp; 179485 | 1.6<br> %<br>|
| &nbsp;&nbsp;&nbsp; DraftKings Inc | (78902)<br>| &nbsp;&nbsp; (2419661)<br>| &nbsp;&nbsp; 178042 | 1.6<br> %<br>|
| &nbsp;&nbsp;&nbsp; Flutter Entertainment PLC | (12929)<br>| &nbsp;&nbsp; (2380233)<br>| &nbsp;&nbsp; 175141 | 1.6<br> %<br>|
| &nbsp;&nbsp;&nbsp; Samsara Inc | (75317)<br>| &nbsp;&nbsp; (2355044)<br>| &nbsp;&nbsp; 173288 | 1.6<br> %<br>|
| &nbsp;&nbsp;&nbsp; Procore Technologies Inc | (36649)<br>| &nbsp;&nbsp; (2307856)<br>| &nbsp;&nbsp; 169815 | 1.6<br> %<br>|
| &nbsp;&nbsp;&nbsp; Guidewire Software Inc | (14571)<br>| &nbsp;&nbsp; (2286408)<br>| &nbsp;&nbsp; 168237 | 1.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; Nutanix Inc | (51347)<br>| &nbsp;&nbsp; (2251206)<br>| &nbsp;&nbsp; 165647 | 1.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; Atlassian Corp | (17000)<br>| &nbsp;&nbsp; (2239553)<br>| &nbsp;&nbsp; 164790 | 1.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; Rubrik Inc | (35576)<br>| &nbsp;&nbsp; (2218888)<br>| &nbsp;&nbsp; 163269 | 1.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; Affirm Holdings Inc | (32929)<br>| &nbsp;&nbsp; (2213452)<br>| &nbsp;&nbsp; 162869 | 1.5<br> %<br>|
| &nbsp;&nbsp;&nbsp; Reddit Inc | (10704)<br>| &nbsp;&nbsp; (2150922)<br>| &nbsp;&nbsp; 158267 | 1.5<br> %<br>|
|  |  | &nbsp;&nbsp; **$(148280977)**<br>| &nbsp;&nbsp; **$10910728** |  |
| &nbsp;&nbsp;&nbsp; Accrued Net Interest Receivable/(Payable) | &nbsp;&nbsp;&nbsp; Accrued Net Interest Receivable/(Payable) |  | &nbsp;&nbsp; 438757 |  |
| **Total Return Basket Swaps, at Value**  | **Total Return Basket Swaps, at Value**  |  | &nbsp;&nbsp; **$11349485**<br>|  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(b) The Fund receives a specified rate based on a reference rate plus or minus a spread,
 and pays the total return on the reference entity. The cash flows may be denominated in various foreign
 currencies based on the local currencies of the positions within the swaps.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Effective rate at January 31, 2026.

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

**Purchased option contracts ("options purchased")**

At January 31, 2026, the Fund had outstanding options purchased as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** |
| **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** |
| Sweetgreen, Inc. | &nbsp;&nbsp; 8099 | &nbsp;&nbsp; $4972786 | &nbsp;&nbsp; $9 | &nbsp;&nbsp; 4/17/2026 | &nbsp;&nbsp; **$222722** |
| **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** |
| Peloton Interactive, Inc. | &nbsp;&nbsp; 22796 | &nbsp;&nbsp; $12742964 | &nbsp;&nbsp; $7 | &nbsp;&nbsp; 4/17/2026 | &nbsp;&nbsp; **$706676** |
| **Total options purchased (cost $2,141,472)** | **Total options purchased (cost $2,141,472)** | **Total options purchased (cost $2,141,472)** | **Total options purchased (cost $2,141,472)** | **Total options purchased (cost $2,141,472)** | &nbsp;&nbsp; **$929398** |

---

**Written option contracts ("options written")**

At January 31, 2026, the Fund had outstanding options written as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** |
| **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** |
| Amphenol Corp. | &nbsp;&nbsp; 1912 | &nbsp;&nbsp; $(27548096) | &nbsp;&nbsp; $180 | &nbsp;&nbsp; 3/20/2026 | &nbsp;&nbsp; **$(162520)** |
| **Total calls** |  |  |  |  | &nbsp;&nbsp; **$(162520)** |
| **Puts** | **Puts** | **Puts** | **Puts** | **Puts** | **Puts** |
| **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** | **Hotels, Restaurants & Leisure** |
| Sweetgreen, Inc. | &nbsp;&nbsp; 8099 | &nbsp;&nbsp;&nbsp;&nbsp; (4972786) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp; 6/18/2026 | &nbsp;&nbsp; **(566930)** |
| **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** | **Leisure Products** |
| Peloton Interactive, Inc. | &nbsp;&nbsp; 22796 | &nbsp;&nbsp; (12742964) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp; 7/17/2026 | &nbsp;&nbsp; **(1584322)** |
| **Total puts** |  |  |  |  | &nbsp;&nbsp; **$(2151252)** |
| **Total options written (premium received $2,464,999)** | **Total options written (premium received $2,464,999)** | **Total options written (premium received $2,464,999)** | **Total options written (premium received $2,464,999)** | **Total options written (premium received $2,464,999)** | &nbsp;&nbsp; **$(2313772)** |

---

The following is a summary, categorized by Level (see the Notes to Consolidated Schedule of Investments), of inputs used to value the Fund's long investments as of January 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Miscellaneous Manufacturers | $— | $— | $33337973 | $33337973 |
| &nbsp;&nbsp;&nbsp; Software | 681486713 |  | 29650650 | 711137363 |
| &nbsp;&nbsp;&nbsp; Specialty Retail | 366810765 |  | 134504778 | 501315543 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| 5741245275 |  |  | 5741245275 |
| Total Common Stocks | 6789542753 |  | 197493401 | 6987036154 |
| Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Entertainment |  |  | 5741993 | 5741993 |
| &nbsp;&nbsp;&nbsp; IT Services |  |  | 9537489 | 9537489 |
| &nbsp;&nbsp;&nbsp; Software |  |  | 30703703 | 30703703 |
| &nbsp;&nbsp;&nbsp; Specialty Retail |  |  | 37311337 | 37311337 |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs (cont'd)** | **Level 1** | **Level 2** | **Level 3**<sup>(a)</sup> | **Total** |
| &nbsp;&nbsp;&nbsp; Other Preferred Stocks<sup>#</sup> <br>| $23576845 | $— | $— | $23576845 |
| Total Preferred Stocks | 23576845 |  | 83294522 | 106871367 |
| Master Limited Partnerships and Limited <br>Partnerships<sup>#</sup> <br>| 207377806 |  |  | 207377806 |
| Corporate Bonds<sup>#</sup> <br>|  |  |  |  |
| Loan Assignments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Miscellaneous Manufacturer |  |  | 14503960 | 14503960 |
| &nbsp;&nbsp;&nbsp; Other Loan Assignments<sup>#</sup> <br>|  | 10119025 |  | 10119025 |
| Total Loan Assignments |  | 10119025 | 14503960 | 24622985 |
| Convertible Bonds<sup>#</sup> <br>|  |  | 27446595 | 27446595 |
| Options Purchased<sup>@</sup> <br>| 929398 |  |  | 929398 |
| Short-Term Investments |  | 503606948 |  | 503606948 |
| **Total Investments** | **$7021426802** | **$513725973** | **$322738478** | **$7857891253** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| # | The Consolidated Schedule of Investments provides information on the industry or sector categorization. |
| @ | The "Purchased option contracts" table under Derivative Instruments provides information on the industry <br> or sector categorization.<br>|
| (a) | The following is a reconciliation between the beginning and ending balances of investments in which <br> significant unobservable inputs (Level 3) were used in determining value:<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(000's** <br>**omitted)**<br>| **Beginning** <br>**balance as** <br>**of 11/1/2025**<br>| **Accrued** <br>**discounts/** <br>**(premiums)**<br>| **Realized** <br>**gain/(loss)**<br>| **Change** <br>**in unrealized** <br>**appreciation/** <br>**(depreciation)**<br>| **Purchases** | **Sales/** <br>**Other** <br>**reductions**<br>| **Transfers** <br>**into** <br>**Level 3**<br>| **Transfers** <br>**out of** <br>**Level 3**<br>| **Balance** <br>**as of** <br>**1/31/2026**<br>| **Net change in** <br>**unrealized** <br>**appreciation/** <br>**(depreciation)** <br>**from** <br>**investments** <br>**still held as of** <br>**1/31/2026**<br>|
| **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** | **Investments in Securities:** |
| Common <br> Stocks<sup>(1)</sup> <br>| $191273 | $— | $— | $6220 | $— | $— | $— | $— | $197493 | $6220 |
| Preferred <br> Stocks<sup>(1)</sup> <br>| 71904 |  |  | 5630 | 19 | 5629 |  |  | 77553 | 5630 |
| Preferred Units<sup>(1)</sup> <br>| 5742 |  |  |  |  |  |  |  | 5742 |  |
| Corporate <br> Bonds<sup>(2)</sup> <br>|  |  |  |  |  |  |  |  |  |  |
| Loan <br> Assignments<sup>(3)</sup> <br>| 14074 | 12 |  | (5)<br>| 423 |  |  |  | 14504 | (5)<br>|
| Convertible <br> Bonds<sup>(1)</sup> <br>| 27446 |  |  |  |  |  |  |  | 27446 |  |
| **Total** | **$310439** | **$12** | **$—** | **$11845** | **$442** | **$5629** | **$—** | **$—** | **$322738** | **$11845** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) Quantitative Information about Level 3 Fair Value Measurements: |
| **Investment** <br> **type**<br>| **Fair value** <br>**at** <br>**1/31/2026**<br>| &nbsp;&nbsp; **Valuation** <br>**approach**<br>| &nbsp;&nbsp; **Significant unobservable** <br>**input(s)**<br>| &nbsp;&nbsp; **Input value/** <br>**range**<br>| &nbsp;&nbsp; **Weighted** <br>**average**<sup>(a)</sup><br>| &nbsp;&nbsp; **Impact to** <br>**valuation** <br>**from** <br>**increase** <br>**in input**<sup>(b)</sup><br>|
| Common <br> Stocks<br>| $197493401 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 3.3x - 10.3x | 3.5x | Increase |
|  |  |  | &nbsp;&nbsp; Enterprise value/ <br>EBITDA multiple (EV/EBITDA)<br>| 8.5x - 25.0x | 21.7x | Increase |
|  |  |  | Discount Rate | 3.5% | 3.5% | Decrease |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | Expected Volatility | 80.0% | 80.0% | Decrease |
|  |  |  | Term (Years) | 1.3 | 1.3 | Decrease |
|  |  |  | Transaction Price | $13.10 - $1,646.14 | $1495.65 | Increase |
| Preferred <br> Stocks<br>| $77552529 | Market Approach | &nbsp;&nbsp; Enterprise value/ <br>Revenue multiple<sup>(c)</sup> (EV/Revenue)<br>| 1.1x - 8.0x | 3.1x | Increase |
|  |  |  | Discount Rate | 0.3% - 15.0% | 11.6% | Decrease |
|  |  |  | Expected Volatility | 25.0% - 70.0% | 57.5% | Decrease |
|  |  |  | Liquidation Preference | 0.5x - 2.8x | 2.0x | Increase |
|  |  |  | Term (Years) | 1.2 - 2.5 | 1.3 | Decrease |
|  |  |  | Transaction Price | $4.55 - $190.00 | $165.01 | Increase |
| Preferred <br> Units<br>| 5741993 | Market Approach | Transaction Price | $146.47 | $146.47 | Increase |
| Convertible <br> Bonds<br>| 27446595 | &nbsp;&nbsp; Scenario-Based Approach <br>(PWERM, including <br>conversion assumptions)<br>| Scenario probabilities | &nbsp;&nbsp; 20% Held-to-Maturity; <br>80% IPO/Exit scenarios<br>| N/A | Increase |
|  |  |  | Face value at IPO / Exit | $581M – $662M | $554M | Increase |
|  |  |  | Liquidation preference | 1.5x – 1.7x | 1.6x | Increase |
|  |  |  | Discount rate | 6.5% – 7.2% | 7.2% | Decrease |
|  |  |  | Term (Years) | 0.9 – 1.9 | 1.3 | Increase |
|  |  |  | Volatility | 40.0% | 40.0% | Increase |
|  |  |  | Risk-free rate | 3.5% | 3.5% | Decrease |
|  |  |  | Valuation Cap (per share) | $12.02 | $12.02 | Increase |
|  |  | &nbsp;&nbsp; Credit Component <br>(Held-to-Maturity)<br>| Credit yield spread (bps) | 506.5 | 506.5 | Decrease |
|  |  |  | Benchmark yield | 2.2% | 2.2% | Decrease |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The weighted averages disclosed in the table above were weighted by relative fair value. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) Represents the expected directional change in the fair value of the Level 3 investments that <br> would result from an increase or decrease in the corresponding input. Significant changes in <br> these inputs could result in significantly higher or lower fair value measurements. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) Represents amounts used when the reporting entity has determined that market participants <br> would use such multiples when pricing the investments. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) At January 31, 2026, these investments were valued in accordance with procedures approved by the <br> valuation designee. These investments did not have a material impact on the Fund's net assets and, <br> therefore, disclosure of significant unobservable inputs used in formulating valuations is not <br> presented. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3) At January 31, 2026 these securities were valued by an independent pricing service using significant <br> unobservable inputs.  |

---

The following is a summary, categorized by Level (see the Notes to Consolidated Schedule of Investments), of inputs used to value the Fund's short investments as of January 31, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks Sold Short<sup>#</sup> <br>| $(954811347)<br>| $— | $— | $(954811347)<br>|
| **Total Short Positions** | **$(954811347)**<br>| **$—** | **$—** | **$(954811347)**<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

# The Consolidated Schedule of Investments provides information on the industry or sector categorization.

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Long Short Fund^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Consolidated Schedule of Investments), of inputs used to value the Fund's derivatives as of January 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Futures<sup>@</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities | $(27423119)<br>| $— | $— | $(27423119)<br>|
| Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets |  | 11349485 |  | 11349485 |
| Options Written |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities | (2313772)<br>|  |  | (2313772)<br>|
| **Total** | **$(29736891)**<br>| **$11349485** | **$—** | **$(18387406)**<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

@ Futures are reported at the cumulative unrealized appreciation/(depreciation) of the instrument.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Consolidated Schedule of Investments

------

Notes to Consolidated Schedule of Investments Long Short Fund (Unaudited)

In accordance with Accounting Standards Codification 820 "Fair Value Measurement" ("ASC 820"), all investments held by Neuberger Long Short Fund (the "Fund") are carried at the value that Management believes the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Fund's investments, some of which are discussed below. At times, Management may need to apply significant judgment to value investments in accordance with ASC 820. Prior to February 28, 2026, the Fund included "Neuberger Berman" in place of "Neuberger" in its name.

ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.

The value of the Fund's investments (long and short positions) in common stocks, preferred stocks, master limited partnerships and limited partnerships, and exchange-traded options purchased and written, for which market quotations are readily available, is generally determined by Management by obtaining valuations from independent pricing services based on the latest sale price quoted on a principal exchange or market for that security (Level 1 inputs). Securities traded primarily on the NASDAQ Stock Market are normally valued at the NASDAQ Official Closing Price ("NOCP") provided by NASDAQ each business day. The NOCP is the most recently reported price as of 4:00:02 p.m., Eastern Time, unless that price is outside the range of the "inside" bid and asked prices (i.e., the bid and asked prices that dealers quote to each other when trading for their own accounts); in that case, NASDAQ will adjust the price to equal the inside bid or asked price, whichever is closer. Because of delays in reporting trades, the NOCP may not be based on the price of the last trade to occur before the market closes. If there is no sale of a security on a particular day, the independent pricing services may value the security based on market quotations.

The value of the Fund's investments for long and short positions in debt securities is determined by Management primarily by obtaining valuations from independent pricing services based on bid or offer quotations, respectively, or if quotations are not available, by methods that include various considerations based on security type (generally Level 2 inputs). In addition to the consideration of yields or prices of securities of comparable quality, coupon, maturity and type, indications as to values from dealers, and general market conditions, the following is a description of other Level 2 inputs and related valuation techniques used by independent pricing services to value certain types of debt securities held by the Fund:

*Corporate Bonds.* Inputs used to value corporate debt securities generally include relevant credit information, observed market movements, sector news, U.S. Treasury yield curve or relevant benchmark curve, and other market information, which may include benchmark yield curves, reported trades, broker-dealer quotes, issuer spreads, comparable securities, and reference data, such as market research publications, when available ("Other Market Information").

*Convertible Bonds*. Inputs used to value convertible bonds generally include underlying stock data, conversion rates, credit-specific details, relevant listed bond and preferred stock prices and Other Market Information.

For information on the Fund's significant accounting policies, please refer to the Fund's most recent financial statements and other information reports.

------

Notes to Consolidated Schedule of Investments Long Short Fund (Unaudited) (cont'd)

*High Yield Securities.* Inputs used to value high yield securities generally include a number of observations of equity and credit default swap curves related to the issuer and Other Market Information.

The value of loan assignments is determined by Management primarily by obtaining valuations from independent pricing services based on broker quotes (generally Level 2 or Level 3 inputs depending on the number of quotes available).

The value of futures contracts is determined by Management by obtaining valuations from independent pricing services at the settlement price at the market close (Level 1 inputs).

The value of total return basket swaps is determined by Management by obtaining valuations from independent pricing services using the underlying asset and stated benchmark interest rate (Level 2 inputs).

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

Investments in non-exchange traded investment companies are valued using the respective fund's daily calculated net asset value per share (Level 2 inputs), when available.

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount the Fund might reasonably expect to receive on a current sale in an orderly transaction, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not available, the security is valued using methods Management has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Pursuant to Rule 2a-5 under the Investment Company Act of 1940, the Fund's Board of Trustees designated Management as the Fund's valuation designee. As the Fund's valuation designee, Management is responsible for determining fair value in good faith for all Fund investments. Inputs and assumptions considered in determining fair value of a security based on Level 2 or Level 3 inputs may include, but are not limited to, the type of security; the initial cost of the security; the existence of any contractual restrictions on the security's disposition; the price and extent of public trading in similar securities of the issuer or of comparable companies; quotations or evaluated prices from broker-dealers or pricing services; information obtained from the issuer and analysts; an analysis of the company's or issuer's financial statements; an evaluation of the inputs that influence the issuer and the market(s) in which the security is purchased and sold.

The value of the Fund's investments in foreign securities is generally determined using the same valuation methods and inputs as other Fund investments, as discussed above. Foreign security prices expressed in local currency values are normally translated from the local currency into U.S. dollars using the exchange rates as of 4:00 p.m., Eastern Time, on days the New York Stock Exchange is open for business. Management has approved the use of ICE Data Services ("ICE") to assist in determining the fair value of foreign equity securities when changes in the value of a certain index suggest that the closing prices on the foreign exchanges may no longer represent the amount that the Fund could expect to receive for those securities or when foreign markets are closed and U.S. markets are open. In each of these events, ICE will provide adjusted prices for certain foreign equity securities using a statistical analysis of historical correlations of multiple factors (Level 2 inputs). Management has also approved the use of ICE to evaluate the prices of foreign debt securities as of the time at which the Fund's share price is calculated. ICE utilizes benchmark spread and yield curves and evaluates available market activity from the local close to the time as of which the Fund's share price is calculated (Level 2 inputs) to assist in determining prices for certain foreign debt securities. In the case of both foreign equity and foreign debt securities, in the absence of precise information about the market values of these foreign securities as of the time at which the Fund's share price is calculated, Management has determined based on available data that prices adjusted or evaluated in this way are likely to be closer to the prices the Fund could realize on a current sale than the prices of those securities established at the close of the foreign markets in which the securities primarily trade.

For information on the Fund's significant accounting policies, please refer to the Fund's most recent financial statements and other information reports.

------

Notes to Consolidated Schedule of Investments Long Short Fund (Unaudited) (cont'd)

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or traded.

To facilitate compliance with certain requirements necessary to maintain its status as a regulated investment company, the Fund formed NB A24 Long Short Blocker LLC (the "Blocker"), a Delaware limited liability company, to hold interests in certain private placements. The Blocker is a wholly owned subsidiary of the Fund.

As of January 31, 2026, the value of the Fund's investment in the Blocker was as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; **Investment in** <br>**Blocker**<br>| &nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; $5423019 | &nbsp;&nbsp;&nbsp;&nbsp; 0.1<br> %<br>|

---

For information on the Fund's significant accounting policies, please refer to the Fund's most recent financial statements and other information reports.

------

Notes to Consolidated Schedule of Investments Long Short Fund (Unaudited) (cont'd)

Legend

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Counterparties:** | **Counterparties:** |
| JPM | = JPMorgan Chase Bank N.A. |
| **Index Periods/Payment Frequencies:** | **Index Periods/Payment Frequencies:** |
| 1M | = 1 Month |
| T | = Termination |
| **Other Abbreviations:** | **Other Abbreviations:** |
| ADR | = American Depositary Receipt |
| Management | = Neuberger Berman Investment Advisers LLC |
| **Reference Rate Benchmarks:** | **Reference Rate Benchmarks:** |
| OBFR | = United States Overnight Bank Funding Rate |
| SOFR | = Secured Overnight Financing Rate |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| USD | = United States Dollar |

---

For information on the Fund's significant accounting policies, please refer to the Fund's most recent financial statements and other information.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NEUBERGER BERMAN ALTERNATIVE FUNDS

- **b. Investment Company Act file number:** 811-21715

- **c. CIK number of Registrant:** 0001317474

- **d. LEI of Registrant:** 549300O1DN1L4W2HMC23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1290 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 212-476-8800

**Item A.2. Information about the Series.**

- **a. Name of Series:** Neuberger Berman Long Short Fund

- **b. EDGAR series identifier (if any):** S000035446

- **c. LEI of Series:** 549300UFVFMPQHUEVQ03

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $9122026522.30

**Total Liabilities:** $982602840.65

**Net Assets:** $8139423681.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000108850 | 0.10%                | -0.80%               | -0.20%               |
| Class ID C000108851 | 0.05%                | -0.90%               | -0.27%               |
| Class ID C000108852 | 0.15%                | -0.79%               | -0.20%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $77896439.54             | $-99796692.74                              |
| Month 2  | $12868645.69             | $-88201151.20                              |
| Month 3  | $48662803.66             | $-43573668.71                              |

**Designated Index Information**

- **Index Name:** S&P 500

- **Index Identifier:** SPXTR

### Schedule of Portfolio Investments

| Name                                    | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie Inc                              | AbbVie Inc                                                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    273852 | NS      | $61071734.52  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc              | Advanced Micro Devices Inc                                                  | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    221855 | NS      | $52519734.15  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                       | Allstate Corp/The                                                           | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Short            | EC               | CORP              | US        |    -68849 | NS      | $-13700262.51 | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc. Class A                  | Alphabet Inc                                                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1336116 | NS      | $451607208.00 | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                          | Amazon.com Inc                                                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1740855 | NS      | $416586601.50 | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp. Class A                  | Amphenol Corp                                                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    764468 | NS      | $110144549.44 | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ANA INTL/ANA HOLD                       | Anagram Holdings LLC/Anagram International Inc                              | CUSIP: 03254TAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  19084979 | PA      | $0.00         | 0.00%             | 2026-08-15      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Analog Devices Inc                      | Analog Devices Inc                                                          | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     87446 | NS      | $27185212.48  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                               | Apple Inc                                                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1381603 | NS      | $358498346.44 | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                           | AppLovin Corp                                                               | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Short            | EC               | CORP              | US        |    -13985 | NS      | $-6616443.35  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| ARCTIC WOLF NETWORKS INC                | ARCTIC WOLF NETWORKS INC                                                    | CUSIP: 03968T100<br>LEI: 2549001T8WPNRLVUS925 | Long             | DBT              | CORP              | US        |     19850 | PA      | $27446595.00  | 0.34%             | 2099-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Asbury Automotive Group Inc             | Asbury Automotive Group Inc                                                 | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |    167110 | NS      | $39188966.10  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                     | Avery Dennison Corp                                                         | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |    276965 | NS      | $51379777.15  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings Inc        | BJ's Wholesale Club Holdings Inc                                            | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Short            | EC               | CORP              | US        |   -159509 | NS      | $-14745011.96 | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The                 | Bank of Nova Scotia/The                                                     | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Short            | EC               | CORP              | CA        |   -229812 | NS      | $-17171552.64 | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                         | Best Buy Co Inc                                                             | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Short            | EC               | CORP              | US        |   -221201 | NS      | $-14400185.10 | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                           | Boeing Co/The                                                               | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    159849 | NS      | $37359908.28  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co Inc/The                  | Boston Beer Co Inc/The                                                      | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Short            | EC               | CORP              | US        |    -35408 | NS      | $-7563856.96  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                  | Boston Scientific Corp                                                      | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    992618 | NS      | $92839561.54  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                            | Broadcom Inc                                                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    454443 | NS      | $150556965.90 | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd         | Brookfield Asset Management Ltd                                             | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |   2039601 | NS      | $101388565.71 | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| CME Group Inc                           | CME Group Inc                                                               | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    376831 | NS      | $108926768.86 | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                              | CarMax Inc                                                                  | CUSIP: 143130102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -406741 | NS      | $-18116244.14 | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                         | Caterpillar Inc                                                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     62098 | NS      | $40820741.28  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                  | CenterPoint Energy Inc                                                      | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   3530694 | NS      | $140133244.86 | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The              | Cheesecake Factory Inc/The                                                  | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Short            | EC               | CORP              | US        |   -389235 | NS      | $-22560060.60 | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                            | Chevron Corp                                                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    495991 | NS      | $87740807.90  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                               | Chewy Inc                                                                   | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |   1038213 | NS      | $30222380.43  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                  | Church & Dwight Co Inc                                                      | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Short            | EC               | CORP              | US        |   -279098 | NS      | $-26863182.50 | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                           | Citigroup Inc                                                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    247908 | NS      | $28685434.68  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                          | Cloudflare Inc                                                              | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     53449 | NS      | $9479180.15   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp     | Cognizant Technology Solutions Corp                                         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Short            | EC               | CORP              | US        |    -83593 | NS      | $-6859641.58  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                 | Consolidated Edison Inc                                                     | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Short            | EC               | CORP              | US        |   -343716 | NS      | $-36650437.08 | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                | Constellation Brands Inc                                                    | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Short            | EC               | CORP              | US        |   -119382 | NS      | $-18707159.40 | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp               | Constellation Energy Corp                                                   | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     61905 | NS      | $17375495.40  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                   | Costco Wholesale Corp                                                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     56838 | NS      | $53441929.50  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                | Crowdstrike Holdings Inc                                                    | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |    153251 | NS      | $67645757.66  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                            | Danaher Corp                                                                | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    161409 | NS      | $35330816.01  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                              | Deere & Co                                                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     58135 | NS      | $30695280.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                      | Walt Disney Co/The                                                          | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    541771 | NS      | $61111768.80  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                     | Dollar General Corp                                                         | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Short            | EC               | CORP              | US        |   -201864 | NS      | $-28953353.52 | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                              | Dover Corp                                                                  | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Short            | EC               | CORP              | US        |    -47600 | NS      | $-9590924.00  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Duolingo Inc                            | Duolingo Inc                                                                | CUSIP: 26603R106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -54810 | NS      | $-7347828.60  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                            | Doximity Inc                                                                | CUSIP: 26622P107<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -88154 | NS      | $-3303130.38  | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners LP         | Enterprise Products Partners LP                                             | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  |  | US        |   2075387 | NS      | $68882094.53  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                        | EPAM Systems Inc                                                            | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Short            | EC               | CORP              | US        |    -42279 | NS      | $-8819399.40  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                             | Equifax Inc                                                                 | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |    101987 | NS      | $20540181.80  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                             | Equinix Inc                                                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |    108133 | NS      | $88769623.69  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                             | Exelon Corp                                                                 | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Short            | EC               | CORP              | US        |   -454506 | NS      | $-20352778.68 | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc                 | ExlService Holdings Inc                                                     | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Short            | EC               | CORP              | US        |   -387275 | NS      | $-15161816.25 | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Facebook, Inc. Class A                  | Meta Platforms Inc                                                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    322427 | NS      | $231018945.50 | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc            | FactSet Research Systems Inc                                                | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Short            | EC               | CORP              | US        |    -32071 | NS      | $-8157579.56  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Figma Inc                               | Figma Inc                                                                   | CUSIP: 316841105<br>LEI: 254900273Q0J4Z65HU28 | Short            | EC               | CORP              | US        |   -265778 | NS      | $-6888965.76  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group Inc        | First Watch Restaurant Group Inc                                            | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1888735 | NS      | $30200872.65  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                        | FirstEnergy Corp                                                            | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |   2388294 | NS      | $113061837.96 | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc              | Floor & Decor Holdings Inc                                                  | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Short            | EC               | CORP              | US        |   -153239 | NS      | $-10107644.44 | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                       | Flowers Foods Inc                                                           | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Short            | EC               | CORP              | US        |   -538844 | NS      | $-6158986.92  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                             | Gartner Inc                                                                 | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Short            | EC               | CORP              | US        |    -71042 | NS      | $-14891113.62 | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                     | General Electric Co                                                         | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    255788 | NS      | $78473200.52  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The             | Goldman Sachs Group Inc/The                                                 | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Short            | EC               | CORP              | US        |    -33290 | NS      | $-31139798.90 | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                         | WW Grainger Inc                                                             | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Short            | EC               | CORP              | US        |    -10842 | NS      | $-11708709.48 | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                               | Airbus SE                                                                   | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |    245678 | NS      | $56320847.10  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                       | Hess Midstream LP                                                           | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    928693 | NS      | $32940740.71  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                      | Home Depot Inc/The                                                          | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    406494 | NS      | $152268587.46 | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                             | HubSpot Inc                                                                 | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     93445 | NS      | $26164600.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc          | JB Hunt Transport Services Inc                                              | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Short            | EC               | CORP              | US        |    -22607 | NS      | $-4582891.04  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                 | Illinois Tool Works Inc                                                     | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Short            | EC               | CORP              | US        |    -63806 | NS      | $-16669955.56 | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| indie Semiconductor Inc                 | indie Semiconductor Inc                                                     | CUSIP: 45569U101<br>LEI: 254900L1MFXFYGB1PV53 | Long             | EC               | CORP              | US        |   2834790 | NS      | $11622639.00  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| JPMorgan Chase & Co                     | JPMorgan Chase & Co                                                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    290234 | NS      | $88779678.26  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                    | Jacobs Solutions Inc                                                        | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |    403987 | NS      | $54643281.62  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                       | Johnson & Johnson                                                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    216988 | NS      | $49310523.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                            | KKR & Co Inc                                                                | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    345692 | NS      | $39498767.92  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                            | KKR & Co Inc                                                                | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |    481750 | NS      | $23576845.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                      | Kontoor Brands Inc                                                          | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Short            | EC               | CORP              | US        |   -271782 | NS      | $-16233538.86 | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                           | Kroger Co/The                                                               | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Short            | EC               | CORP              | US        |   -479772 | NS      | $-30153670.20 | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                    | Lamar Advertising Co                                                        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Short            | EC               |  | US        |   -246820 | NS      | $-31669474.20 | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                     | Leidos Holdings Inc                                                         | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Short            | EC               | CORP              | US        |    -22884 | NS      | $-4308599.52  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                          | Eli Lilly & Co                                                              | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     93396 | NS      | $96865661.40  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                    | Lockheed Martin Corp                                                        | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     69557 | NS      | $44114440.54  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp                    | MGIC Investment Corp                                                        | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Short            | EC               | CORP              | US        |   -594561 | NS      | $-16005582.12 | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                                | MSCI Inc                                                                    | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     43199 | NS      | $26317694.78  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co                 | Sphere Entertainment Co                                                     | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |    166620 | NS      | $15913876.20  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD           | Marriott International Inc/MD                                               | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |    133119 | NS      | $41972420.70  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                  | Marvell Technology Inc                                                      | CUSIP: 573874104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -245097 | NS      | $-19343055.24 | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                          | Mastercard Inc                                                              | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    216090 | NS      | $116427131.10 | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                         | McDonald's Corp                                                             | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    343168 | NS      | $108097920.00 | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline Inc                             | Medline Inc                                                                 | CUSIP: 58507V107<br>LEI: 984500FAN6J1P8566D43 | Short            | EC               | CORP              | US        |   -259608 | NS      | $-11474673.60 | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                          | Merck & Co Inc                                                              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    320073 | NS      | $35294449.71  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International Inc        | Mettler-Toledo International Inc                                            | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     14152 | NS      | $19434092.48  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                          | Microsoft Corp                                                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    853317 | NS      | $367173771.93 | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc              | Mondelez International Inc                                                  | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    317274 | NS      | $18551010.78  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                         | Murphy Oil Corp                                                             | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Short            | EC               | CORP              | US        |   -417155 | NS      | $-12552193.95 | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                             | Netflix Inc                                                                 | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   1314165 | NS      | $109719635.85 | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                 | Nexstar Media Group Inc                                                     | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Short            | EC               | CORP              | US        |    -94336 | NS      | $-20035079.68 | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                      | NextEra Energy Inc                                                          | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1214246 | NS      | $106732223.40 | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                | NIKE Inc                                                                    | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    630325 | NS      | $38960388.25  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                        | Novo Nordisk A/S                                                            | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    191808 | NS      | $11399149.44  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                             | NVIDIA Corp                                                                 | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   2099664 | NS      | $401308780.32 | 4.93%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                 | O'Reilly Automotive Inc                                                     | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    336000 | NS      | $33065760.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                       | Omnicom Group Inc                                                           | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Short            | EC               | CORP              | US        |   -386809 | NS      | $-29799765.36 | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                             | Oracle Corp                                                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      2500 | NS      | $411450.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                             | Oracle Corp                                                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Short            | EC               | CORP              | US        |     -2500 | NS      | $-411450.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                     | Otis Worldwide Corp                                                         | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Short            | EC               | CORP              | US        |    -88400 | NS      | $-7551128.00  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                | PVH Corp                                                                    | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Short            | EC               | CORP              | US        |    -51745 | NS      | $-3226818.20  | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                              | PACCAR Inc                                                                  | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Short            | EC               | CORP              | US        |    -65369 | NS      | $-8034503.79  | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc               | Palantir Technologies Inc                                                   | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Short            | EC               | CORP              | US        |   -109984 | NS      | $-16122554.56 | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Skydance Corp                 | Paramount Skydance Corp                                                     | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Short            | EC               | CORP              | US        |   -650916 | NS      | $-7296768.36  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                     | Paycom Software Inc                                                         | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Short            | EC               | CORP              | US        |    -86515 | NS      | $-11657896.25 | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                  | Paylocity Holding Corp                                                      | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Short            | EC               | CORP              | US        |    -81289 | NS      | $-10972389.22 | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                     | PayPal Holdings Inc                                                         | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Short            | EC               | CORP              | US        |   -463194 | NS      | $-24405691.86 | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive Inc                 | Peloton Interactive Inc                                                     | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |   3045279 | NS      | $17023109.61  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                             | PepsiCo Inc                                                                 | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    316336 | NS      | $48598699.68  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc         | Philip Morris International Inc                                             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    134004 | NS      | $24045677.76  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc     | Public Service Enterprise Group Inc                                         | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Short            | EC               | CORP              | US        |   -365799 | NS      | $-30127205.64 | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc     | Restaurant Brands International Inc                                         | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Short            | EC               | CORP              | CA        |   -178275 | NS      | $-11942642.25 | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                         | Robert Half Inc                                                             | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Short            | EC               | CORP              | US        |   -435813 | NS      | $-15083487.93 | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                 | Rockwell Automation Inc                                                     | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Short            | EC               | CORP              | US        |    -23065 | NS      | $-9725357.25  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                  | Roper Technologies Inc                                                      | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Short            | EC               | CORP              | US        |    -33255 | NS      | $-12345253.65 | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors            | State Street Institutional U.S. Government Money Market Fund                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        | 154925409 | NS      | $154925409.43 | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors            | State Street Institutional US Government Money Market Fund                  | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        | 345538910 | NS      | $345538909.66 | 4.25%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P Global Inc                          | S&P Global Inc                                                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    194933 | NS      | $102883688.07 | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                          | Salesforce Inc                                                              | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    157080 | NS      | $33346513.20  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp | Science Applications International Corp                                     | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Short            | EC               | CORP              | US        |    -32065 | NS      | $-3262934.40  | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                          | ServiceNow Inc                                                              | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    585730 | NS      | $68536267.30  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive Inc                    | Sonic Automotive Inc                                                        | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Short            | EC               | CORP              | US        |   -247972 | NS      | $-14868401.12 | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc              | Sprouts Farmers Market Inc                                                  | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Short            | EC               | CORP              | US        |    -77496 | NS      | $-5495241.36  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc                | Super Micro Computer Inc                                                    | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Short            | EC               | CORP              | US        |   -237164 | NS      | $-6903844.04  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Sweetgreen Inc                          | Sweetgreen Inc                                                              | CUSIP: 87043Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3640768 | NS      | $22354315.52  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Synopsys Inc                            | Synopsys Inc                                                                | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    191114 | NS      | $88889988.11  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                         | TJX Cos Inc/The                                                             | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    748048 | NS      | $112065070.88 | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                       | Talen Energy Corp                                                           | CUSIP: 87422Q109<br>LEI: K5K33XN0PQAU1XF7NN66 | Short            | EC               | CORP              | US        |    -48460 | NS      | $-16881525.60 | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                          | Tetra Tech Inc                                                              | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Short            | EC               | CORP              | US        |   -338743 | NS      | $-12757061.38 | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                   | Texas Instruments Inc                                                       | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Short            | EC               | CORP              | US        |    -35221 | NS      | $-7591886.55  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The                      | Trade Desk Inc/The                                                          | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    579386 | NS      | $17572777.38  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc            | Thermo Fisher Scientific Inc                                                | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     80563 | NS      | $46614557.43  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| X Corp.                                 | X Corp Term Loan                                                            | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4961637 | PA      | $4950274.69   | 0.06%             | 2029-10-26      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| X Corp.                                 | X Corp 2025 Fixed Term Loan                                                 | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5000000 | PA      | $5168750.00   | 0.06%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                   | Uber Technologies Inc                                                       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Short            | EC               | CORP              | US        |   -241685 | NS      | $-19346884.25 | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                      | Union Pacific Corp                                                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    302593 | NS      | $71139614.30  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                  | UnitedHealth Group Inc                                                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    136847 | NS      | $39265509.71  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp                                 | VF Corp                                                                     | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Short            | EC               | CORP              | US        |  -1263289 | NS      | $-24747831.51 | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                            | Veralto Corp                                                                | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Short            | EC               | CORP              | US        |   -116415 | NS      | $-11522756.70 | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS PRIME BROKER EUR          | GOLDMAN SACHS PRIME BROKER EUR                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | EE        |         1 | NS      | $1.13         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOA PRIME BROKER CAD                    | BOA PRIME BROKER CAD                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  11010102 | NS      | $8085852.87   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS PRIME BROKER CAD          | GOLDMAN SACHS PRIME BROKER CAD                                              | CUSIP: 927HZH909<br>LEI: N/A                  | Short            | STIV             | CORP              | CA        |   -252793 | NS      | $-185652.11   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CITI PRIME BROKER CAD                   | CITI PRIME BROKER CAD                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |   3001164 | NS      | $2204064.26   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc. Class A                      | Visa Inc                                                                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    393870 | NS      | $126759182.10 | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                             | Vistra Corp                                                                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     74669 | NS      | $11823836.15  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global Inc                          | WSP Global Inc                                                              | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Short            | EC               | CORP              | CA        |   -104847 | NS      | $-20268700.33 | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| DATABRICKS INC SERIES                   | DATABRICKS INC SERIES                                                       | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EC               | CORP              | US        |     12228 | NS      | $2323320.00   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Walmart Inc                             | Walmart Inc                                                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    603917 | NS      | $71950671.38  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNIFYD INC SERIES SEED                | SIGNIFYD INC SERIES SEED                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    180619 | NS      | $829041.21    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SIGNIFYD INC SERIES A PREFERRE          | SIGNIFYD INC SERIES A PREFERRE                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     78686 | NS      | $363529.32    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| A24 FILMS LLC PREFERRED UNITS           | A24 FILMS LLC PREFERRED UNITS                                               | CUSIP: 000000000<br>LEI: 549300SAXRIY3Y3HIL24 | Long             | EC               | CORP              | US        |     39203 | NS      | $5741992.84   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DRUVA INC SER 5 PFD SHS                 | DRUVA INC SER 5 PFD SHS                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    480112 | NS      | $4628279.68   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CYBEREASON SERIES F PREFERRED           | CYBEREASON SERIES F PREFERRED                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    959038 | NS      | $479519.00    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SUPERHUMAN PLATFORM INC                 | SUPERHUMAN PLATFORM INC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179381 | NS      | $2349891.10   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SUPERHUMAN PLATFORM INC                 | SUPERHUMAN PLATFORM INC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     55626 | NS      | $1424025.60   | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VIDEOAMP SERIES F 1 PFD                 | VIDEOAMP SERIES F 1 PFD                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    325371 | NS      | $5135005.12   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FABLETICS SERIES G PFD STOCK            | FABLETICS SERIES G PFD STOCK                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     23000 | NS      | $33850020.00  | 0.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ARCTIC WOLF NETWORKS INC COMMO          | ARCTIC WOLF NETWORKS INC COMMO                                              | CUSIP: 000000000<br>LEI: 2549001T8WPNRLVUS925 | Long             | EC               | CORP              | US        |    359091 | NS      | $4151091.96   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA INC COMMON A RESTRICTED           | CANVA INC COMMON A RESTRICTED                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14063 | NS      | $23149666.82  | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SAVAGE X FENTY PFD SERIES C 1           | SAVAGE X FENTY PFD SERIES C 1                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     22208 | NS      | $53416.90     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SAVAGE X FENTY PFD SERIES D             | SAVAGE X FENTY PFD SERIES D                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    288275 | NS      | $3407900.57   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES B                 | DATABRICKS INC SERIES B                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |        38 | NS      | $7220.00      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES C                 | DATABRICKS INC SERIES C                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |      3106 | NS      | $590140.00    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES D                 | DATABRICKS INC SERIES D                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     63814 | NS      | $12124660.00  | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES E                 | DATABRICKS INC SERIES E                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     24642 | NS      | $4681980.00   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES F                 | DATABRICKS INC SERIES F                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     12624 | NS      | $2398560.00   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES G                 | DATABRICKS INC SERIES G                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |       153 | NS      | $29070.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC SERIES H                 | DATABRICKS INC SERIES H                                                     | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |       369 | NS      | $70110.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CYBEREASON SERIES H                     | CYBEREASON SERIES H                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    142463 | NS      | $247522.34    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CELEBRATION BIDCO HOLDINGS LLC          | CELEBRATION BIDCO HOLDINGS LLC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2041517 | NS      | $33337972.61  | 0.41%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Waste Management Inc                    | Waste Management Inc                                                        | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |    397690 | NS      | $88382625.60  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FANATICS HOLDINGS INC CLASS A           | FANATICS HOLDINGS INC CLASS A                                               | CUSIP: 000000000<br>LEI: 254900SDMEGPMGGZLF87 | Long             | EC               | CORP              | US        |   2026590 | NS      | $134504778.30 | 1.65%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Waystar Holding Corp                    | Waystar Holding Corp                                                        | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2527536 | NS      | $67131356.16  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                        | Wells Fargo & Co                                                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    726371 | NS      | $65729311.79  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DRUVA INC SER 4 PFD SHS                 | DRUVA INC SER 4 PFD SHS                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    658071 | NS      | $4909209.66   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Williams Cos Inc/The                    | Williams Cos Inc/The                                                        | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    938728 | NS      | $63138845.28  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                             | Workday Inc                                                                 | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    254664 | NS      | $44726638.32  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | S+P500 EMINI FUT MAR26                                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     -6083 | NC      | $-23148725.67 | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | NASDAQ 100 E-MINI MAR26                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     -1034 | NC      | $-4274392.92  | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | SWEETGREEN INC                                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |      8099 | NC      | $222722.50    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | SWEETGREEN INC                                                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     -8099 | NC      | $-566930.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | PELOTON INTERACTIVE INC                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     22796 | NC      | $706676.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | PELOTON INTERACTIVE INC                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    -22796 | NC      | $-1584322.00  | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | AMPHENOL CORP                                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     -1912 | NC      | $-162520.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Celebration Bidco LLC                   | Celebration Bidco LLC Term Loan                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11957162 | PA      | $12151465.63  | 0.15%             | 2028-12-29      | Floating      | 11.67%                | Yes           |                  3 | On Loan: No      |
| Celebration Bidco, LLC                  | Celebration Bidco LLC 2025 Incremental Term Loan                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2314878 | PA      | $2352494.87   | 0.03%             | 2028-12-29      | Floating      | 11.67%                | Yes           |                  3 | On Loan: No      |
| N/A                                     | EQUITYTRS--USD-OVERNIGHT BANK FUNDING RATE-20270709                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        | 159191706 | OU      | $11404318.17  | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                                | Adyen NV                                                                    | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |      8623 | NS      | $12811338.82  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors            | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   3142628 | NS      | $3142628.50   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                           | Accenture PLC                                                               | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Short            | EC               | CORP              | IE        |    -61294 | NS      | $-16159550.16 | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Infrastructure Partners LP   | Brookfield Infrastructure Partners LP                                       | CUSIP: 000000000<br>LEI: 549300WEH5R2OODI7Y90 | Long             | EC               | CORP              | BM        |   3831140 | NS      | $138495711.00 | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                             | Genpact Ltd                                                                 | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Short            | EC               | CORP              | BM        |   -266258 | NS      | $-11741977.80 | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| NIQ Global Intelligence Plc             | NIQ Global Intelligence Plc                                                 | CUSIP: 000000000<br>LEI: 529900Z0P0XAM4O3H416 | Long             | EC               | CORP              | IE        |    561767 | NS      | $9544421.33   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| nVent Electric PLC                      | nVent Electric PLC                                                          | CUSIP: 000000000<br>LEI: 254900LK60A9DK5W5N81 | Long             | EC               | CORP              | IE        |   1010501 | NS      | $113438842.26 | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                   | Spotify Technology SA                                                       | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |     56920 | NS      | $28479922.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                         | ASML Holding NV                                                             | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     60218 | NS      | $85690214.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** NEUBERGER BERMAN ALTERNATIVE FUNDS

**Signature:** John McGovern

**Name of Signer:** John McGovern

**Title:** Treasurer