Shareholder Report
|
6 Months Ended |
|
Apr. 30, 2026
USD ($)
Holding
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| Shareholder Report [Line Items] |
|
| Document Type |
N-CSRS
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| Amendment Flag |
false
|
| Registrant Name |
NEUBERGER BERMAN ALTERNATIVE FUNDS
|
| Entity Central Index Key |
0001317474
|
| Entity Investment Company Type |
N-1A
|
| Document Period End Date |
Apr. 30, 2026
|
| C000108852 |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
Long Short Fund
|
| Class Name |
Institutional Class
|
| Trading Symbol |
NLSIX
|
| Annual or Semi-Annual Statement [Text Block] |
This semi-annual shareholder report contains important information about the Fund for the period of November 1, 2025 to April 30, 2026.
|
| Additional Information [Text Block] |
You can find additional information about the Fund at neuberger.com/longshort-documents. You can also request this information by contacting your financial intermediary or investment provider or at 800.366.6264 or issdl@nb.com.
|
| Additional Information Phone Number |
800.366.6264
|
| Additional Information Email |
issdl@nb.com
|
| Additional Information Website |
neuberger.com/longshort-documents
|
| Expenses [Text Block] |
What were the Fund's costs for the past six months?(based on a hypothetical $10,000 investment) Table SummaryClass Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investmentFootnote Reference* |
|---|
Institutional Class | $53 | 1.07% |
|---|
| Footnote | Description | Footnote* | Annualized. |
|
| Expenses Paid, Amount |
$ 53
|
| Expense Ratio, Percent |
1.07%
|
| AssetsNet |
$ 8,253,035,902
|
| Holdings Count | Holding |
207
|
| InvestmentCompanyPortfolioTurnover |
39.00%
|
| Additional Fund Statistics [Text Block] |
Table SummaryNet Assets | $8,253,035,902 |
|---|
Number of Portfolio Holdings | 207 |
|---|
Portfolio Turnover Rate | 39% |
|---|
|
| Holdings [Text Block] |
Top Ten Short Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryLamar Advertising Co. Class A | (0.7)% |
|---|
Consolidated Edison, Inc. | (0.5)% |
|---|
Omnicom Group, Inc. | (0.5)% |
|---|
Public Service Enterprise Group, Inc. | (0.4)% |
|---|
Allstate Corp. | (0.4)% |
|---|
Exelon Corp. | (0.4)% |
|---|
Brookfield Renewable Corp. | (0.4)% |
|---|
HP, Inc. | (0.4)% |
|---|
Cheesecake Factory, Inc. | (0.4)% |
|---|
Nexstar Media Group, Inc. | (0.3)% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
Portfolio by Investment Type(as a % of Total Net Assets)Table SummaryName | Long | Short |
|---|
Common Stocks | 88.7% | (13.1)% |
|---|
Master Limited Partnerships and Limited Partnerships | 3.1% | -% |
|---|
Preferred Stocks | 1.3% | -% |
|---|
Loan Assignments | 0.2% | -% |
|---|
Purchased Option Contracts | 0.0%Footnote Reference* | -% |
|---|
Corporate Bonds | 0.0%Footnote Reference* | -% |
|---|
Short-Term Investments | 4.5% | -% |
|---|
Other Assets Less Liabilities | 15.3%Footnote Reference** | -% |
|---|
Total | 113.1% | (13.1)% |
|---|
| Footnote | Description | Footnote* | Represents less than 0.05% of net assets of the Fund. | Footnote** | Includes the impact of the Fund's open positions in derivatives (other than options purchased), if any. |
|
| Largest Holdings [Text Block] |
Top Ten Long Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryAlphabet, Inc. Class A | 8.1% |
|---|
Amazon.com, Inc. | 7.1% |
|---|
NVIDIA Corp. | 6.5% |
|---|
Microsoft Corp. | 5.5% |
|---|
Apple, Inc. | 5.4% |
|---|
State Street Institutional U.S. Government Money Market Fund Premier Class | 5.0% |
|---|
Meta Platforms, Inc. Class A | 3.3% |
|---|
Broadcom, Inc. | 2.6% |
|---|
Fanatics Holdings, Inc. Class A | 2.1% |
|---|
Brookfield Infrastructure Partners LP | 2.0% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
|
| C000108850 |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
Long Short Fund
|
| Class Name |
Class A
|
| Trading Symbol |
NLSAX
|
| Annual or Semi-Annual Statement [Text Block] |
This semi-annual shareholder report contains important information about the Fund for the period of November 1, 2025 to April 30, 2026.
|
| Additional Information [Text Block] |
You can find additional information about the Fund at neuberger.com/longshort-documents. You can also request this information by contacting your financial intermediary or investment provider or at 800.877.9700 or fundinfo@nb.com.
|
| Additional Information Phone Number |
800.877.9700
|
| Additional Information Email |
fundinfo@nb.com
|
| Additional Information Website |
neuberger.com/longshort-documents
|
| Expenses [Text Block] |
What were the Fund's costs for the past six months?(based on a hypothetical $10,000 investment) Table SummaryClass Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investmentFootnote Reference* |
|---|
Class A | $71 | 1.43% |
|---|
| Footnote | Description | Footnote* | Annualized. |
|
| Expenses Paid, Amount |
$ 71
|
| Expense Ratio, Percent |
1.43%
|
| AssetsNet |
$ 8,253,035,902
|
| Holdings Count | Holding |
207
|
| InvestmentCompanyPortfolioTurnover |
39.00%
|
| Additional Fund Statistics [Text Block] |
Table SummaryNet Assets | $8,253,035,902 |
|---|
Number of Portfolio Holdings | 207 |
|---|
Portfolio Turnover Rate | 39% |
|---|
|
| Holdings [Text Block] |
Top Ten Short Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryLamar Advertising Co. Class A | (0.7)% |
|---|
Consolidated Edison, Inc. | (0.5)% |
|---|
Omnicom Group, Inc. | (0.5)% |
|---|
Public Service Enterprise Group, Inc. | (0.4)% |
|---|
Allstate Corp. | (0.4)% |
|---|
Exelon Corp. | (0.4)% |
|---|
Brookfield Renewable Corp. | (0.4)% |
|---|
HP, Inc. | (0.4)% |
|---|
Cheesecake Factory, Inc. | (0.4)% |
|---|
Nexstar Media Group, Inc. | (0.3)% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
Portfolio by Investment Type(as a % of Total Net Assets)Table SummaryName | Long | Short |
|---|
Common Stocks | 88.7% | (13.1)% |
|---|
Master Limited Partnerships and Limited Partnerships | 3.1% | -% |
|---|
Preferred Stocks | 1.3% | -% |
|---|
Loan Assignments | 0.2% | -% |
|---|
Purchased Option Contracts | 0.0%Footnote Reference* | -% |
|---|
Corporate Bonds | 0.0%Footnote Reference* | -% |
|---|
Short-Term Investments | 4.5% | -% |
|---|
Other Assets Less Liabilities | 15.3%Footnote Reference** | -% |
|---|
Total | 113.1% | (13.1)% |
|---|
| Footnote | Description | Footnote* | Represents less than 0.05% of net assets of the Fund. | Footnote** | Includes the impact of the Fund's open positions in derivatives (other than options purchased), if any. |
|
| Largest Holdings [Text Block] |
Top Ten Long Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryAlphabet, Inc. Class A | 8.1% |
|---|
Amazon.com, Inc. | 7.1% |
|---|
NVIDIA Corp. | 6.5% |
|---|
Microsoft Corp. | 5.5% |
|---|
Apple, Inc. | 5.4% |
|---|
State Street Institutional U.S. Government Money Market Fund Premier Class | 5.0% |
|---|
Meta Platforms, Inc. Class A | 3.3% |
|---|
Broadcom, Inc. | 2.6% |
|---|
Fanatics Holdings, Inc. Class A | 2.1% |
|---|
Brookfield Infrastructure Partners LP | 2.0% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
|
| C000108851 |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
Long Short Fund
|
| Class Name |
Class C
|
| Trading Symbol |
NLSCX
|
| Annual or Semi-Annual Statement [Text Block] |
This semi-annual shareholder report contains important information about the Fund for the period of November 1, 2025 to April 30, 2026.
|
| Additional Information [Text Block] |
You can find additional information about the Fund at neuberger.com/longshort-documents. You can also request this information by contacting your financial intermediary or investment provider or at 800.877.9700 or fundinfo@nb.com.
|
| Additional Information Phone Number |
800.877.9700
|
| Additional Information Email |
fundinfo@nb.com
|
| Additional Information Website |
neuberger.com/longshort-documents
|
| Expenses [Text Block] |
What were the Fund's costs for the past six months?(based on a hypothetical $10,000 investment) Table SummaryClass Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investmentFootnote Reference* |
|---|
Class C | $108 | 2.18% |
|---|
| Footnote | Description | Footnote* | Annualized. |
|
| Expenses Paid, Amount |
$ 108
|
| Expense Ratio, Percent |
2.18%
|
| AssetsNet |
$ 8,253,035,902
|
| Holdings Count | Holding |
207
|
| InvestmentCompanyPortfolioTurnover |
39.00%
|
| Additional Fund Statistics [Text Block] |
Table SummaryNet Assets | $8,253,035,902 |
|---|
Number of Portfolio Holdings | 207 |
|---|
Portfolio Turnover Rate | 39% |
|---|
|
| Holdings [Text Block] |
Top Ten Short Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryLamar Advertising Co. Class A | (0.7)% |
|---|
Consolidated Edison, Inc. | (0.5)% |
|---|
Omnicom Group, Inc. | (0.5)% |
|---|
Public Service Enterprise Group, Inc. | (0.4)% |
|---|
Allstate Corp. | (0.4)% |
|---|
Exelon Corp. | (0.4)% |
|---|
Brookfield Renewable Corp. | (0.4)% |
|---|
HP, Inc. | (0.4)% |
|---|
Cheesecake Factory, Inc. | (0.4)% |
|---|
Nexstar Media Group, Inc. | (0.3)% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
Portfolio by Investment Type(as a % of Total Net Assets)Table SummaryName | Long | Short |
|---|
Common Stocks | 88.7% | (13.1)% |
|---|
Master Limited Partnerships and Limited Partnerships | 3.1% | -% |
|---|
Preferred Stocks | 1.3% | -% |
|---|
Loan Assignments | 0.2% | -% |
|---|
Purchased Option Contracts | 0.0%Footnote Reference* | -% |
|---|
Corporate Bonds | 0.0%Footnote Reference* | -% |
|---|
Short-Term Investments | 4.5% | -% |
|---|
Other Assets Less Liabilities | 15.3%Footnote Reference** | -% |
|---|
Total | 113.1% | (13.1)% |
|---|
| Footnote | Description | Footnote* | Represents less than 0.05% of net assets of the Fund. | Footnote** | Includes the impact of the Fund's open positions in derivatives (other than options purchased), if any. |
|
| Largest Holdings [Text Block] |
Top Ten Long Securities(as a % of Total InvestmentsFootnote Reference*)Table SummaryAlphabet, Inc. Class A | 8.1% |
|---|
Amazon.com, Inc. | 7.1% |
|---|
NVIDIA Corp. | 6.5% |
|---|
Microsoft Corp. | 5.5% |
|---|
Apple, Inc. | 5.4% |
|---|
State Street Institutional U.S. Government Money Market Fund Premier Class | 5.0% |
|---|
Meta Platforms, Inc. Class A | 3.3% |
|---|
Broadcom, Inc. | 2.6% |
|---|
Fanatics Holdings, Inc. Class A | 2.1% |
|---|
Brookfield Infrastructure Partners LP | 2.0% |
|---|
| Footnote | Description | Footnote* | Derivatives (other than options purchased), if any, are excluded from this calculation. |
|