Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the lower of the sale
proceeds or the original offering price) |
|
Management
Fee |
|
Distribution
and/or Shareholder Service (12b-1) Fees |
|
Other
Expenses1 |
|
Total
Annual Fund Operating Expenses1,2
|
|
1
year |
3
years |
5
years |
10
years |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Since
Inception |
Inception
Date |
Institutional
Class |
% |
% |
% |
|
To
establish an account |
$2,000.00 |
To
add to an existing account |
$100.00 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the lower of the sale
proceeds or the original offering price) |
|
Management
Fee |
|
Distribution
and/or Shareholder Service (12b-1) Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses1
|
|
1
year |
3
years |
5
years |
10
years |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Since
Inception |
Inception
Date |
Institutional
Class |
% |
% |
% |
|
To
establish an account |
$2,000.00 |
To
add to an existing account |
$100.00 |
By
Mail: |
An
initial investment in the Funds must be preceded or accompanied by a
completed, signed Neuberger
Berman
Fund Application Form, sent to: |
Neuberger
Berman Funds
c/o
State Street Institutional Trust Funds
State
Street Global Advisors
430
W 7th
Street Suite 219189
Kansas
City, MO 64105-1407
Your
first investment must be at least $2,000. Additional investments can be as
little as $100. All checks must be
made
out to “Neuberger
Berman Funds”.
Neuberger Berman will not accept checks made out to you or other
parties
and signed over to it. Neuberger Berman cannot accept cash, money orders,
starter checks, cashier's
checks,
traveler's checks or other cash equivalents. You will be responsible for
any losses or fees resulting from a
bad
check. If necessary, Neuberger Berman may effect sales of Fund shares
belonging to you in order to cover
these
losses. |
By
Telephone: |
An
initial investment in the Funds must be preceded or accompanied by a
completed, signed Neuberger
Berman
Fund Application Form. Neuberger Berman does not accept phone orders for a
first investment. To add
shares
to an existing account using FUNDfone®»,
call (800) 335-9366. |
Additional
shares will be purchased when your order is accepted by the Funds.
Additional investments must be
for
at least $100. |
For
your initial investment, send the original, signed Neuberger Berman
Account Application Form to the address
above. |
Wire
Instructions: |
Before
wiring any money, call (800) 877-9700 for an order confirmation. Please
have your financial institution
send
your wire to Neuberger Berman's account at State Street Bank and Trust
Company and include your name,
the
Fund name, your account number and other information as
requested. |
State
Street Bank/Boston
ABA#
011-000028
Attn:
NB Deposit Account
DDA#9904-199-8 |
On
Columbus Day and Veterans Day, you will not be able to purchase shares by
wiring Federal Funds because the
Federal
Funds wiring does not occur on those days. Payment for Fund Shares must be
in Federal Funds (or
converted
to Federal Funds by the Transfer Agent) by the close of the Federal
Reserve. |
By
Internet: |
You
may place an order with Neuberger Berman to purchase shares for your
account by placing an order
online
at www.nb.com. |
You
will not be able to redeem shares from the account until the original
Application has been
received.
The
Funds and the Funds' agents are not responsible for transfer errors by the
sending or receiving bank
and
will not be liable for any loss incurred due to a wire transfer not having
been received. |
| |
By
Mail: |
Send
a signed letter to:
Neuberger
Berman Funds
c/o
State Street Bank & Trust Co.
430
West 7th Street
Suite
219189
Kansas
City, MO 64105-1407 |
The
letter should include information necessary to process your request as
described below.
The
Fund may require a medallion guarantee in certain circumstances. See
“Medallion
Guarantees” below. | |
By
Telephone: |
Please
call Neuberger Berman at (800) 877-9700 between the hours of 9:00 a.m. and
5:00 p.m.
ET. |
You
must provide the following information:
➢ name(s)
of account owners;
➢ account
number(s);
➢ the
name of the Fund;
➢ the
dollar amount, percentage or number of shares being redeemed;
and
➢ any
other instructions.
To
place an order using FUNDfone®»,
call (800) 335-9366. | |
By
Internet: |
You
may instruct Neuberger Berman to redeem shares by placing an order online
at
www.nb.com. |
|
Institutional
Class (a) | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.0491 |
0.0156 |
0.0001 |
0.0037 |
0.0207 |
Net
realized gain (loss) |
0.0000
(b) |
0.0000
(b) |
— |
0.0000
(b) |
0.0000
(b) |
Total
from investment operations |
0.0491 |
0.0156 |
0.0001 |
0.0037 |
0.0207 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.0491
) |
(0.0156
) |
(0.0001
) |
(0.0037
) |
(0.0207
) |
Net
asset value, end of period |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
Total
return (c) |
5.04
% |
1.58
% |
0.03
% |
0.37
% |
2.09
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$10,784,799 |
$3,373,375 |
$1,588,396 |
$1,349,398 |
$950,202 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses |
0.15
% |
0.15
% |
0.15
% |
0.15
% |
0.15
% |
Net
expenses |
0.15
% |
0.14
% |
0.04
% |
0.14
% |
0.15
% |
Net
investment income (loss) |
5.08
% |
2.06
% |
0.03
% |
0.42
% |
1.95
% |
(a) |
The
per share amounts and percentages include the Fund's proportionate share
of income and expenses of the affiliated
Portfolio. |
(b) |
Amount
is less than $0.00005 per share. |
(c) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at net asset value on the last day of each period
reported.
Distributions are assumed, for the purpose of this calculation, to be
reinvested at net asset value per share on the respective payment dates of
the
Fund. Total return for periods of less than one year are not annualized.
Results represent past performance and are not indicative of future
results. |
|
Institutional
Class (a) | ||||
|
Year
Ended
12/31/23 |
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Year
Ended
12/31/19 |
Net
asset value, beginning of period |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.0492 |
0.0157 |
0.0001 |
0.0037 |
0.0207 |
Net
realized gain (loss) |
0.0000
(b) |
— |
— |
— |
0.0000
(b) |
Total
from investment operations |
0.0492 |
0.0157 |
0.0001 |
0.0037 |
0.0207 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.0492
) |
(0.0157
) |
(0.0001
) |
(0.0037
) |
(0.0207
) |
Net
asset value, end of period |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
$1.0000 |
Total
return (c) |
5.03
% |
1.58
% |
0.02
% |
0.37
% |
2.09
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$3,278,847 |
$2,122,508 |
$278,027 |
$90,569 |
$468,721 |
Ratios
to Average Net Assets: |
|
|
|
|
|
Total
expenses |
0.14
% |
0.15
% |
0.15
% |
0.15
% |
0.15
% |
Net
expenses |
0.14
% |
0.15
% |
0.06
% |
0.15
% |
0.15
% |
Net
investment income (loss) |
5.00
% |
2.57
% |
0.02
% |
0.34
% |
2.09
% |
(a) |
The
per share amounts and percentages include the Fund's proportionate share
of income and expenses of the affiliated
Portfolio. |
(b) |
Amount
is less than $0.00005 per share. |
(c) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at net asset value on the last day of each period
reported.
Distributions are assumed, for the purpose of this calculation, to be
reinvested at net asset value per share on the respective payment dates of
the
Fund. Total return for periods of less than one year are not annualized.
Results represent past performance and are not indicative of future
results. |