Neuberger Asset-Based Credit Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

811-24037

Investment Company Act file number

Neuberger Asset-Based Credit Fund

(Exact name of registrant as specified in charter)

1290 Avenue of the Americas

New York, NY 10104

(Address of principal executive offices) (Zip code)

Dean Winick

Neuberger Berman Investment Advisers LLC

1290 Avenue of the Americas

New York, NY 10104

(Name and address of agent for service)

(212) 476-8800

Registrant’s telephone number, including area code

Date of fiscal year end: December 31

Date of reporting period: June 30, 2026

Neuberger Asset-Based Credit Fund

Consolidated Statement of Assets and Liabilities

(expressed in U.S. Dollars)

As of June 30, 2026


ASSETS:
Investments, at fair value⁽¹⁾	$	132,012,236
Unrealized appreciation on risk share contracts		204,155
Cash		-
Interest receivable		1,738,002
Deferred debt issuance costs		426,138
Principal paydowns receivable		181,063
Dividends receivable		107,356
Due from Investment Adviser (See Note 4)		31,502
Receivable for fund shares sold		15,859
Total assets	$	134,716,311

LIABILITIES:
Line of credit payable	$	23,700,000
Reverse repurchase agreements		12,054,338
Incentive fee payable (See Note 4)		341,474
Interest payable		159,804
Payable for investment securities purchased		134,619
Accrued expenses and other liabilities		565,804
Total liabilities		36,956,039
Total net assets	$	97,760,272


NET ASSETS CONSIST OF:
Net capital	$	97,093,273
Total distributable income		666,999
Total net assets	$	97,760,272


Institutional Class (“Class I”)
Net assets	$	97,760,272
Capital shares outstanding, unlimited shares authorized		9,646,018
Net asset value, offering and redemption price per share	$	10.13
⁽¹⁾ Cost of Investments	$	134,572,328

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Statement of Operations

(expressed in U.S. Dollars)

For the Six Months ended June 30, 2026


INVESTMENT INCOME:
Interest income	$	8,216,758
Dividend income		237,439
Total investment income	$	8,454,197

EXPENSES
Interest expense and debt issuance costs		833,314
Incentive fee expense (See Note 4)		643,024
Management fees (See Note 4)		436,720
Interest expense on reverse repurchase agreements		337,411
Audit and tax expenses		249,416
Loan servicing fees		201,675
Trustees fees and expenses (See Note 4)		163,994
Fund accounting and administration fees (See Note 5)		127,829
Legal expenses		99,188
Valuation agent fees		93,405
Transfer agency fees and expenses		83,314
Custody fees		49,036
Technology and data service fees		16,249
Other expenses		156,269
Total expenses before Adviser waiver	$	3,490,844
Management fees waiver(See Note 4)		(218,360)
Expenses reimbursed by Investment Adviser subject to recoupment (See Note 4)		(551,647)
Net expenses before Adviser recoupment	$	2,720,837
Expenses recouped by Adviser.		-
Total net expenses		2,720,837
Net investment income	$	5,733,360
NET REALIZED AND UNREALIZED GAINS (LOSSES):
Net realized gain (loss) on:
Investments		(318,047)
Risk hare contracts		308,026
Net change in unrealized appreciation (depreciation) on:
Investments		(1,128,890)
Risk share contracts		3,798
Net realized and unrealized (loss)	$	(1,135,113)
Net increase in net assets resulting from operations	$	4,598,247

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Statement of Changes in Net Assets

(expressed in U.S. Dollars)

For the Six Months ended June 30, 2026


OPERATIONS:
Net investment income	$	5,733,360
Net realized gain (loss) on:
Investments		(318,047)
Risk share contracts		308,026
Net change in unrealized appreciation (depreciation) on:
Investments		(1,128,890)
Risk share contracts		3,798
Net increase in net assets resulting from operations	$	4,598,247

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions - Class l		(3,206,173)
Total distributions	$	(3,206,173)

CAPITAL SHARE TRANSACTIONS:
Proceeds from shares sold - Class l		23,733,119
Proceeds from shares issued to holders in reinvestment of dividends		543
Cost of shares redeemed		-
Net increase in net assets from capital share transactions	$	23,733,662
Total increase in net assets	$	25,125,736

NET ASSETS:
Beginning of period	$	72,634,536
End of period	$	97,760,272

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Statement of Cashflows

(expressed in U.S. Dollars)

For the Six Months ended June 30, 2026


CASH FLOWS FROM OPERATING ACTIVITIES:
Net increase in net assets resulting from operations	$	4,598,247
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Net change in unrealized depreciation on investments		1,128,890
Net realized loss on investments		318,047
Net change in unrealized appreciation on risk share contracts		(3,798)
Net realized gain on risk share contracts		(308,026)
Proceeds from principal paydowns and sale of investments		38,238,815
Purchases of investments		(61,831,019)
Net purchases and sales of short-term investments		5,550,356
Amortization and accretion of premium and discount		67,728

Changes in assets and liabilities:
Due from Adviser		94,969
Principal paydowns receivable		(11,171)
Deferred debt issuance costs		83,177
Dividends receivable		(56,397)
Interest receivable		(729,726)
Other assets		104
Payable for investment securities purchased		(3,920,113)
Interest payable		(23,446)
Incentive fee payable		49,346
Other accrued expenses and liabilities		(145,918)
Net cash used in operating activities	$	(16,899,935)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from shares issued		23,717,803
Drawdowns on line of credit		13,700,000
Paydowns on line of credit		(18,500,000)
Paydowns on reverse repurchase agreements		825,891
Distributions to shareholders		(3,206,173)
Net cash provided by financing activities	$	16,537,521

Net increase in cash		(362,414)

Cash, beginning of period		362,414
Cash, end of period	$	-


SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH INFORMATION
Cash paid for interest on line of credit payable and reverse repurchase agreements	$	1,109,177

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
Whole Loans - 18.2% (a)
Consumer Loans - 3.4%
United States - 3.4%
340923298, 35.99%, 02/17/2026 (b)(c)(d)(e)	Uplift		8/29/2025	$	98	$	101	$	12
341004128, 35.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		111		111		110
341004827, 27.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		175		180		173
341007501, 29.99%, 05/18/2026 (b)(c)(d)(e)	Uplift		8/29/2025		716		736		86
341014111, 24.99%, 07/18/2026 (b)(c)(d)	Uplift		8/29/2025		1,039		1,069		112
341076198, 35.99%, 02/18/2026 (b)(c)(d)(e)	Uplift		8/29/2025		307		316		36
341114686, 29.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		212		212		210
341115205, 16.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		211		211		209
341142728, 35.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		215		216		213
341143334, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		130		121		127
341144483, 33.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		137		141		135
341144716, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		212		199		207
341158874, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		116		119		27
341164676, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		244		230		239
341181536, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		166		155		163
341187737, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		169		157		165
341191164, 29.99%, 07/18/2026 (b)(c)	Uplift		8/29/2025		115		118		114
341191570, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		256		240		251
341193277, 0.00%, 07/18/2026 (b)(c)	Uplift		8/29/2025		151		141		147
341194698, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		148		148		147
341206235, 35.99%, 02/19/2027 (b)(c)	Uplift		8/29/2025		943		956		927
341212435, 21.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		216		222		214
341216092, 21.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		121		124		119
341216783, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		183		171		179
341220550, 33.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		244		244		242
341220598, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		46		47		5
341225830, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		308		317		36
341226115, 29.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		176		181		175
341227649, 21.99%, 11/19/2025 (b)(c)(e)	Uplift		8/29/2025		20		20		20
341231988, 35.99%, 12/03/2025 (b)(c)(e)	Uplift		8/29/2025		8		8		8
341272183, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		131		134		129
341272907, 18.99%, 08/19/2027 (b)(c)	Uplift		8/29/2025		6,643		6,759		6,564
341276994, 23.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		43		44		43
341277164, 35.99%, 05/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		65		67		8
341277387, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		138		141		136
341280566, 12.99%, 02/19/2027 (b)(c)	Uplift		8/29/2025		1,123		1,137		1,107
341282956, 16.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		155		159		154
341284716, 35.99%, 05/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		147		151		17
341287156, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		154		158		152
341287209, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		161		166		160
341289997, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		123		114		120
341293035, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		139		143		138
341300845, 19.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		216		222		214
341304460, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		100		100		99
341311115, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		140		140		138
341313375, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		165		169		163
341313979, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		106		106		105
341314192, 24.99%, 05/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		113		116		11
341314896, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		123		127		122
341318668, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		198		185		194
341323607, 35.99%, 08/19/2027 (b)(c)	Uplift		8/29/2025		1,405		1,430		1,385
341330257, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		282		265		276
341330458, 24.99%, 02/19/2027 (b)(c)	Uplift		8/29/2025		966		978		951

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341333894, 35.99%, 07/31/2026 (b)(c)	Uplift		8/29/2025	$	194	$	194	$	90
341339093, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		226		226		224
341341315, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		33		30		32
341341498, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		341		320		333
341341917, 16.99%, 08/19/2027 (b)(c)	Uplift		8/29/2025		6,459		6,569		6,365
341343445, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		100		100		99
341348821, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		41		38		40
341351095, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		139		139		138
341353053, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		33		34		4
341353149, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		170		175		168
341354697, 0.00%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		514		484		59
341356848, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		139		130		136
341359604, 35.99%, 08/19/2026 (b)(c)	Uplift		8/29/2025		275		277		272
341360117, 0.00%, 02/19/2027 (b)(c)	Uplift		8/29/2025		835		780		780
341364955, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		106		109		12
341365439, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		195		195		194
341366393, 29.99%, 02/19/2026 (b)(c)(e)	Uplift		8/29/2025		25		26		25
341367214, 35.99%, 02/19/2027 (b)(c)	Uplift		8/29/2025		510		517		504
341368049, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		152		152		150
341368558, 35.99%, 05/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		315		324		37
341369015, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		127		118		124
341369070, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		96		89		94
341371022, 19.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		57		59		57
341371180, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		74		76		9
341372458, 19.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		110		113		109
341373951, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		104		96		101
341374393, 35.99%, 05/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		152		156		24
341374821, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		129		120		126
341375892, 21.99%, 08/27/2027 (b)(c)	Uplift		8/29/2025		1,637		1,666		1,620
341378514, 35.99%, 07/19/2026 (b)(c)	Uplift		8/29/2025		180		180		178
341379216, 35.99%, 02/19/2026 (b)(c)(d)(e)	Uplift		8/29/2025		28		29		3
341379672, 0.00%, 07/19/2026 (b)(c)	Uplift		8/29/2025		159		149		156
341382260, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		168		173		167
341382483, 16.99%, 08/19/2026 (b)(c)	Uplift		8/29/2025		2,398		2,408		2,373
341383776, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		153		142		149
341383982, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		1,217		1,149		1,180
341386291, 0.00%, 08/03/2026 (b)(c)	Uplift		8/29/2025		124		123		120
341387358, 23.99%, 07/13/2026 (b)(c)	Uplift		8/29/2025		197		197		195
341387859, 21.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		2,085		2,121		2,059
341389388, 24.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		5		5		5
341389725, 35.99%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		374		384		131
341389884, 35.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,060		1,075		1,044
341389886, 29.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,479		1,504		1,456
341390307, 35.99%, 08/30/2026 (b)(c)	Uplift		8/29/2025		225		226		222
341390832, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		125		129		124
341391090, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		101		93		98
341391442, 35.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		13		13		13
341392168, 16.99%, 08/20/2026 (b)(c)	Uplift		8/29/2025		713		716		706
341392395, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		147		151		145
341393092, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		122		125		120
341393181, 35.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		13		14		13
341393683, 19.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,092		1,106		1,076
341393950, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		191		179		187
341394296, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		171		176		20
341395222, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		222		208		217
341395912, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		150		140		146

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341396184, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025	$	176	$	180	$	21
341396912, 35.99%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		976		1,003		114
341397651, 33.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		125		125		124
341399141, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		105		108		104
341401864, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		167		167		166
341402299, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		168		156		164
341402411, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		104		97		102
341402436, 35.99%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		1,133		1,165		132
341408940, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		119		122		118
341409159, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		428		398		179
341409602, 23.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,007		1,021		992
341411248, 23.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		121		125		120
341411263, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		60		60		60
341413311, 14.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,548		1,568		1,526
341416625, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		150		150		149
341417139, 35.99%, 05/31/2026 (b)(c)(d)(e)	Uplift		8/29/2025		52		54		12
341420581, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		257		264		30
341426707, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		264		264		261
341436557, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		198		204		196
341438510, 21.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,372		1,396		1,353
341438659, 23.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		302		311		37
341440138, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		730		684		335
341440932, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		132		123		129
341442070, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		549		565		96
341444801, 29.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		318		327		25
341446260, 29.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		27		28		3
341447003, 18.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		384		394		71
341448877, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		128		128		127
341449665, 14.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		156		156		155
341452442, 35.99%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		1,294		1,330		151
341453763, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		234		234		231
341454524, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		109		112		108
341455814, 35.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		247		251		243
341456602, 35.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		14		14		14
341456694, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		153		153		152
341456808, 35.99%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		452		465		100
341457289, 35.99%, 05/20/2026 (b)(c)(e)	Uplift		8/29/2025		16		16		16
341458232, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		304		304		300
341458935, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		141		132		138
341458943, 35.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,527		1,555		1,506
341458961, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		124		124		122
341461708, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		105		108		104
341463365, 0.00%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		160		148		18
341465717, 21.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		2,941		2,979		2,901
341466694, 0.00%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		620		584		72
341467117, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		179		168		175
341468590, 24.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		613		621		603
341470567, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		42		42		42
341472191, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		251		258		248
341474777, 35.99%, 08/20/2026 (b)(c)	Uplift		8/29/2025		1,553		1,597		628
341474962, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		140		144		139
341475134, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		162		151		158
341475686, 21.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		3,097		3,151		3,059
341478668, 29.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		7		7		7
341483656, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		69		70		8
341487062, 21.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		231		238		229

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341487332, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025	$	132	$	123	$	129
341488110, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		170		174		168
341488313, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		121		125		120
341489241, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		153		143		149
341490577, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		248		233		242
341490931, 0.00%, 02/20/2027 (b)(c)	Uplift		8/29/2025		893		835		834
341491076, 35.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,361		1,380		1,339
341491104, 0.00%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		233		217		26
341491327, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		128		119		125
341492210, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		347		357		41
341494377, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		65		67		8
341495481, 35.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		8		8		8
341495745, 35.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,336		1,354		1,315
341497117, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		241		248		239
341497322, 29.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		271		278		268
341498326, 16.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		109		112		27
341499263, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		327		307		320
341499270, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		219		226		54
341499616, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		430		400		197
341501397, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		424		396		174
341502533, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		272		272		269
341502608, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		119		119		118
341503450, 35.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,126		1,142		1,106
341504376, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		101		93		98
341504634, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		205		210		203
341505148, 35.99%, 05/20/2026 (b)(c)(e)	Uplift		8/29/2025		7		7		7
341509384, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		156		155		154
341511249, 21.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,049		1,067		1,033
341511943, 29.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,906		1,941		1,877
341512160, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		138		129		135
341513169, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		531		531		526
341513485, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		106		106		105
341514866, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		121		125		120
341516304, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		244		244		241
341518064, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		147		151		146
341518921, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		289		271		282
341519188, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		180		168		176
341519369, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		227		234		225
341522436, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		285		293		33
341522496, 0.00%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		640		601		164
341523271, 0.00%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,283		1,203		1,201
341523925, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		433		446		51
341527073, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		140		144		138
341527975, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		417		393		408
341528977, 19.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		151		155		149
341529055, 0.00%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		329		301		36
341530911, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		153		142		149
341532876, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		192		180		188
341532977, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		310		319		307
341533283, 35.99%, 11/20/2025 (b)(c)(e)	Uplift		8/29/2025		11		12		11
341533927, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		190		178		186
341535959, 25.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		3,145		3,187		3,098
341536304, 35.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		2,877		2,930		2,839
341536419, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		206		192		201
341536858, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		126		126		125
341536910, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		203		203		201

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341537264, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025	$	446	$	459	$	52
341537979, 21.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,527		1,554		1,508
341539266, 35.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		3,304		3,364		3,246
341539908, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		187		193		185
341540135, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		466		439		456
341540465, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		315		296		308
341542609, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		114		117		13
341543310, 12.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,290		1,312		1,275
341544105, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		149		139		145
341544532, 27.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		116		116		114
341545079, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		167		156		163
341545643, 25.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		2,828		2,877		2,792
341546042, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		271		254		265
341546315, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		1,045		983		481
341546407, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		147		137		144
341546537, 18.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		172		172		170
341547653, 29.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,080		1,094		1,063
341549502, 23.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,310		1,327		1,290
341549580, 21.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		775		785		766
341550508, 27.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,749		1,780		1,722
341550810, 29.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		282		290		280
341550988, 35.99%, 05/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		279		287		63
341551161, 19.99%, 02/20/2027 (b)(c)	Uplift		8/29/2025		1,681		1,703		1,657
341551993, 35.99%, 12/20/2026 (b)(c)(d)	Uplift		8/29/2025		1,132		1,164		133
341552007, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		173		173		171
341552245, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		58		60		7
341552434, 14.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		163		168		162
341552577, 0.00%, 07/20/2026 (b)(c)(d)	Uplift		8/29/2025		1,095		1,029		216
341552881, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		122		113		119
341553104, 29.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,329		1,353		1,313
341553305, 0.00%, 07/29/2026 (b)(c)	Uplift		8/29/2025		800		754		775
341553754, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		127		127		126
341554496, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		66		68		8
341554536, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		152		142		149
341555147, 24.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		140		140		138
341555189, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		275		258		269
341555279, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		139		129		136
341557011, 35.99%, 07/28/2026 (b)(c)	Uplift		8/29/2025		76		76		75
341557720, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		260		244		254
341557979, 0.00%, 07/20/2026 (b)(c)	Uplift		8/29/2025		120		111		117
341558632, 35.99%, 11/20/2025 (b)(c)(d)(e)	Uplift		8/29/2025		25		26		3
341563774, 16.99%, 08/20/2027 (b)(c)	Uplift		8/29/2025		1,528		1,554		1,504
341563829, 21.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		125		128		123
341564305, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		168		173		166
341564942, 35.99%, 07/20/2026 (b)(c)	Uplift		8/29/2025		119		123		118
341565465, 35.99%, 02/20/2026 (b)(c)(d)(e)	Uplift		8/29/2025		26		27		3
341567450, 29.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		1,148		1,180		137
341567451, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		125		128		124
341567712, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,101		1,117		1,083
341568510, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		661		669		652
341568618, 25.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		36		37		36
341568887, 21.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		133		137		132
341570511, 35.99%, 05/21/2026 (b)(c)(e)	Uplift		8/29/2025		15		15		15
341571244, 21.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		121		124		120
341571289, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		429		441		425
341571417, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		21		21		20

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341571864, 35.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025	$	1,730	$	1,762	$	1,707
341572987, 21.99%, 02/15/2027 (b)(c)	Uplift		8/29/2025		741		751		730
341573360, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		199		199		196
341573926, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		105		108		24
341574220, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		1,036		1,065		437
341574516, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		391		368		382
341574681, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		265		272		262
341575724, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		233		218		228
341575950, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		154		158		153
341576702, 12.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		122		122		121
341576710, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		165		170		163
341576726, 35.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		133		133		16
341576727, 16.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		145		149		144
341577080, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		130		130		129
341578226, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		227		233		225
341579314, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		113		116		112
341580081, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		798		809		786
341580534, 21.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		230		230		228
341580535, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		169		173		167
341580716, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		157		162		156
341581141, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		54		55		53
341581191, 16.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		945		957		931
341582138, 35.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		306		314		36
341582260, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		388		388		384
341582420, 24.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		58		59		14
341583287, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		354		354		350
341583352, 18.99%, 05/21/2026 (b)(c)(e)	Uplift		8/29/2025		12		12		12
341583364, 23.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		44		46		44
341584412, 21.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		168		172		166
341584418, 29.99%, 11/21/2025 (b)(c)(e)	Uplift		8/29/2025		8		8		8
341586082, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		226		211		221
341586105, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		578		545		566
341586174, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		327		327		324
341586339, 0.00%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		2,724		2,567		334
341586525, 35.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		133		136		16
341586882, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		50		51		12
341587158, 21.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		160		164		158
341587223, 12.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,502		1,522		1,482
341587819, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		416		416		413
341587897, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,830		1,855		1,801
341588767, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,592		1,496		1,494
341588875, 35.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,424		1,451		1,402
341589272, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		196		196		195
341590167, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		117		120		116
341590821, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		314		323		37
341591437, 21.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		2,632		2,678		2,600
341591928, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		108		111		14
341591968, 25.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		454		467		450
341592113, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		107		110		106
341592319, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		148		152		17
341593617, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		89		92		11
341594527, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		888		900		874
341595309, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		361		361		356
341596456, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		372		350		364
341598231, 18.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,719		1,741		1,694
341599344, 29.99%, 02/21/2026 (b)(c)(e)	Uplift		8/29/2025		6		6		5

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341600867, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025	$	123	$	123	$	122
341601957, 33.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		181		186		52
341602265, 33.99%, 08/21/2026 (b)(c)	Uplift		8/29/2025		1,851		1,859		1,831
341602992, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		161		151		158
341603103, 35.99%, 11/21/2025 (b)(c)(e)	Uplift		8/29/2025		5		6		5
341603611, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		2,069		2,098		2,037
341604843, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		46		48		6
341621972, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,582		1,604		1,558
341648937, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		158		158		156
341660575, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		254		261		252
341663834, 21.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,566		1,593		1,547
341665065, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		125		125		123
341666823, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		152		152		151
341668344, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		968		905		906
341671308, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		46		46		45
341679031, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,590		1,494		1,492
341681332, 16.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		120		124		119
341682851, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		35		35		35
341688465, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		198		185		193
341694322, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		213		200		209
341706691, 29.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		2,974		3,014		2,927
341710125, 21.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,880		1,913		1,855
341715482, 18.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,972		2,006		1,944
341715693, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		921		934		907
341717686, 35.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		2,794		2,842		2,746
341719068, 35.99%, 05/21/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
341720029, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		305		314		36
341721241, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		549		564		247
341721571, 12.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		235		235		234
341722601, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		638		656		131
341722752, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		124		127		122
341727109, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		114		117		113
341727200, 19.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,244		1,260		1,226
341728561, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		196		196		194
341731373, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		190		177		185
341731852, 35.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,559		1,588		1,539
341737698, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		110		102		108
341741452, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,818		1,710		1,705
341742676, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		267		271		263
341745405, 12.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		127		130		126
341745631, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		125		128		124
341747361, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		291		273		285
341753589, 29.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		25		25		3
341754808, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		184		189		182
341760802, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		190		177		185
341763216, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		249		231		104
341764903, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		817		840		95
341765601, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		220		220		218
341767303, 35.99%, 05/31/2026 (b)(c)(e)	Uplift		8/29/2025		8		8		8
341768560, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		158		163		157
341769959, 33.99%, 02/13/2027 (b)(c)	Uplift		8/29/2025		2,128		2,156		2,086
341770363, 18.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		553		568		548
341774947, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		161		165		159
341776762, 35.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		62		63		7
341777016, 33.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		190		195		188
341779888, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		228		228		226

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341786469, 33.99%, 08/21/2026 (b)(c)	Uplift		8/29/2025	$	287	$	288	$	284
341788489, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		229		235		227
341789788, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		181		169		177
341790333, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		117		117		116
341791764, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		139		142		137
341791853, 29.99%, 02/28/2027 (b)(c)	Uplift		8/29/2025		1,583		1,604		1,559
341792282, 0.00%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		504		466		106
341794384, 0.00%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		1,412		1,320		171
341801323, 0.00%, 12/21/2026 (b)(c)	Uplift		8/29/2025		816		779		777
341804297, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		258		242		252
341805268, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		105		97		103
341805756, 16.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,584		1,604		1,561
341806443, 0.00%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		318		290		35
341810743, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,125		1,054		1,054
341825819, 33.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		361		361		357
341828773, 35.99%, 12/21/2026 (b)(c)	Uplift		8/29/2025		1,118		1,131		1,102
341830566, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,015		950		950
341830898, 0.00%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		777		723		166
341831848, 35.99%, 11/21/2025 (b)(c)(d)(e)	Uplift		8/29/2025		1,049		1,079		125
341833902, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		116		107		113
341834540, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		156		146		153
341834907, 35.99%, 11/21/2025 (b)(c)(d)(e)	Uplift		8/29/2025		25		26		3
341836954, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		3,856		3,910		3,796
341837771, 16.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		101		104		25
341838921, 23.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		837		848		825
341842937, 12.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		108		111		107
341843408, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		137		127		134
341845541, 35.99%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		42		43		5
341845784, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		127		118		124
341845788, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		166		170		164
341846959, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		146		136		142
341849235, 35.99%, 11/21/2025 (b)(c)(d)(e)	Uplift		8/29/2025		41		42		5
341854867, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		466		437		456
341855814, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		116		119		15
341862392, 16.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		2,800		2,836		2,760
341868293, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		182		170		178
341869938, 29.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		115		115		114
341872232, 29.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		3,939		4,008		3,878
341872758, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		138		142		27
341874695, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		147		151		146
341875238, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		131		121		127
341876249, 19.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		765		786		758
341880631, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		109		101		107
341882049, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		204		191		200
341883067, 23.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		202		202		200
341885417, 35.99%, 11/21/2025 (b)(c)(e)	Uplift		8/29/2025		12		13		12
341885422, 12.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		156		160		155
341885511, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		225		231		51
341888422, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		162		152		159
341890786, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		130		133		129
341899387, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		240		240		238
341900248, 35.99%, 02/21/2027 (b)(c)	Uplift		8/29/2025		629		637		618
341901015, 0.00%, 02/21/2027 (b)(c)	Uplift		8/29/2025		1,519		1,427		1,425
341901538, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		158		162		6
341906923, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		134		134		133
341909273, 35.99%, 08/31/2027 (b)(c)	Uplift		8/29/2025		2,548		2,593		2,507

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341910733, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025	$	155	$	155	$	154
341912219, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		447		459		149
341919915, 0.00%, 02/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		535		495		60
341920557, 35.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		305		313		119
341922431, 33.99%, 07/21/2026 (b)(c)(d)	Uplift		8/29/2025		896		921		105
341932255, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		170		158		166
341933615, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		273		249		265
341933778, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		167		172		6
341934553, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		209		215		207
341934948, 35.99%, 07/21/2026 (b)(c)	Uplift		8/29/2025		119		119		118
341935342, 29.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		716		729		705
341936420, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		231		216		226
341937747, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		210		196		205
341939065, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		303		285		297
341940716, 33.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		4,317		4,396		4,262
341942900, 29.99%, 08/21/2027 (b)(c)	Uplift		8/29/2025		1,589		1,618		1,567
341946779, 0.00%, 07/21/2026 (b)(c)	Uplift		8/29/2025		204		191		200
341949540, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		175		163		171
341952328, 35.99%, 05/21/2026 (b)(c)(d)(e)	Uplift		8/29/2025		106		109		21
341953446, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		664		664		659
341955444, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,496		2,351		2,344
341956772, 0.00%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		382		355		46
341957618, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		129		120		126
341957681, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		246		231		241
341958117, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		280		263		274
341958369, 19.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		73		76		73
341959343, 0.00%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		174		165		20
341961379, 29.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		281		281		278
341962164, 29.99%, 02/22/2027 (b)(c)(d)	Uplift		8/29/2025		1,353		1,391		287
341963007, 12.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		159		163		158
341965062, 23.99%, 08/22/2026 (b)(c)	Uplift		8/29/2025		333		334		329
341966691, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		140		130		137
341967197, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		209		215		207
341967544, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		490		490		485
341969214, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,135		1,167		1,116
341969308, 35.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		2,543		2,590		2,510
341969678, 19.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		151		155		149
341970993, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,185		2,216		2,152
341971002, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		145		135		142
341971083, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		150		150		148
341971783, 35.99%, 02/22/2026 (b)(c)(e)	Uplift		8/29/2025		7		7		7
341972132, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		116		116		115
341972623, 18.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		111		114		110
341972899, 18.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,899		1,923		1,872
341973269, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		247		232		242
341973482, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		301		301		298
341973494, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		104		104		103
341973506, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		114		105		111
341974081, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		95		98		13
341975172, 29.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,152		1,167		1,135
341975908, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		381		392		44
341975931, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		101		93		98
341976205, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		121		121		120
341976347, 23.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		22		23		22
341976448, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		481		495		477
341976872, 29.99%, 12/22/2026 (b)(c)	Uplift		8/29/2025		1,109		1,121		1,093

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
341977503, 23.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025	$	116	$	119	$	115
341977784, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		297		306		42
341977978, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		282		290		280
341978447, 0.00%, 02/28/2026 (b)(c)(d)(e)	Uplift		8/29/2025		350		321		39
341979108, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		355		365		351
341980323, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		78		81		11
341980643, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,313		1,331		1,293
341981141, 35.99%, 02/22/2026 (b)(c)(e)	Uplift		8/29/2025		8		8		8
341983734, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		291		291		288
341984247, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		160		150		157
341994198, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		132		136		131
341995139, 23.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		122		125		15
342023067, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		280		263		274
342026767, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		37		38		36
342041471, 23.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		135		139		134
342049178, 24.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		3,322		3,381		3,275
342052435, 35.99%, 12/31/2026 (b)(c)	Uplift		8/29/2025		685		693		675
342055415, 35.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		2,038		2,076		2,007
342056704, 21.99%, 02/28/2027 (b)(c)	Uplift		8/29/2025		2,700		2,735		2,667
342064750, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		154		144		151
342065444, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		121		121		120
342071033, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		108		108		107
342072242, 29.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		134		134		133
342073146, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		407		419		47
342079539, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		96		99		11
342081951, 29.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,045		1,059		1,029
342084337, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		219		225		10
342085190, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		44		46		5
342085353, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		101		104		35
342086138, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		139		129		136
342090478, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,271		1,289		1,252
342090864, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		87		89		86
342091074, 35.99%, 07/30/2026 (b)(c)	Uplift		8/29/2025		258		258		256
342093507, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		114		106		112
342096473, 12.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		471		484		467
342098938, 21.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		221		227		219
342102016, 33.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		958		985		234
342104353, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		200		206		23
342110122, 23.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		140		144		139
342110175, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		337		317		329
342110224, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		103		95		100
342110286, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		51		52		8
342113105, 24.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		109		112		108
342114890, 29.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		120		120		119
342114953, 35.99%, 02/22/2027 (b)(c)(d)	Uplift		8/29/2025		507		521		139
342115702, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		131		121		128
342120859, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		284		284		281
342122476, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		118		109		115
342124260, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		101		93		99
342126211, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,247		1,169		1,169
342126242, 33.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		89		89		88
342129273, 29.99%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		589		606		229
342129459, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		182		182		180
342130964, 35.99%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		1,138		1,170		133
342137979, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		145		135		142
342140851, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,030		964		964

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342142117, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025	$	478	$	478	$	474
342142954, 35.99%, 11/22/2025 (b)(c)(d)(e)	Uplift		8/29/2025		30		31		4
342144400, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		343		353		340
342146088, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		135		126		132
342147266, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		180		180		179
342147718, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,207		2,238		2,174
342150912, 19.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		136		139		135
342151632, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		104		97		102
342151645, 29.99%, 11/22/2025 (b)(c)(e)	Uplift		8/29/2025		6		6		6
342157450, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		228		228		225
342161298, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		141		145		139
342161639, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,539		2,574		2,501
342163278, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		109		113		25
342163960, 35.99%, 11/22/2025 (b)(c)(e)	Uplift		8/29/2025		8		9		8
342164182, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		107		110		106
342166700, 29.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		2,907		2,960		2,871
342166794, 35.99%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		306		314		36
342167410, 0.00%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		121		111		13
342167921, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		290		272		284
342169238, 29.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,727		1,750		1,701
342169408, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		138		129		135
342170714, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		161		165		159
342178209, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		166		171		22
342184504, 35.99%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		980		1,008		158
342185581, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		69		69		68
342186018, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,378		2,240		2,233
342187719, 19.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		3,262		3,319		3,224
342189799, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		50		51		49
342192898, 25.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		257		264		255
342192974, 12.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		458		471		455
342193848, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		128		128		127
342193969, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		110		110		109
342194099, 29.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		3,746		3,813		3,689
342194368, 35.99%, 07/22/2026 (b)(c)(d)	Uplift		8/29/2025		1,450		1,491		135
342197231, 35.99%, 11/22/2025 (b)(c)(d)(e)	Uplift		8/29/2025		89		91		11
342198079, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		122		122		40
342198267, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		870		882		856
342199997, 14.99%, 08/15/2027 (b)(c)	Uplift		8/29/2025		2,113		2,149		2,082
342201037, 23.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		454		466		450
342202662, 21.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		170		170		169
342202741, 35.99%, 06/06/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		1
342207186, 29.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,029		1,043		1,013
342207208, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		75		77		15
342208536, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		130		130		129
342210353, 35.99%, 11/22/2025 (b)(c)(d)(e)	Uplift		8/29/2025		35		36		4
342210933, 33.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		247		247		245
342211156, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		91		84		88
342211932, 33.99%, 08/22/2027 (b)(c)	Uplift		8/29/2025		5,632		5,735		5,560
342213708, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		110		102		108
342225299, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		113		116		112
342228008, 0.00%, 08/06/2026 (b)(c)	Uplift		8/29/2025		272		270		263
342232127, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		110		102		107
342234159, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		3,538		3,338		3,325
342234364, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		182		182		180
342235632, 29.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,829		1,854		1,802
342237118, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		128		128		127

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342238476, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025	$	174	$	179	$	20
342238862, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		217		203		212
342240468, 35.99%, 02/22/2026 (b)(c)(e)	Uplift		8/29/2025		11		11		11
342243122, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		111		114		110
342244016, 35.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,335		1,353		1,314
342244330, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		847		790		791
342248975, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,249		1,170		1,163
342251058, 16.99%, 02/22/2027 (b)(c)	Uplift		8/29/2025		2,437		2,468		2,403
342251955, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		307		286		297
342252740, 0.00%, 02/22/2027 (b)(c)	Uplift		8/29/2025		1,138		1,066		1,066
342253070, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		377		377		373
342253981, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		300		309		297
342257623, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		164		153		160
342259419, 19.99%, 02/22/2027 (b)(c)(d)	Uplift		8/29/2025		1,524		1,567		472
342260047, 35.99%, 05/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		56		58		14
342263639, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		337		346		334
342263869, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		200		200		198
342264468, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		159		163		157
342264683, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		195		195		193
342271378, 35.99%, 07/22/2026 (b)(c)	Uplift		8/29/2025		178		178		177
342272120, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		30		31		4
342272223, 16.99%, 08/22/2026 (b)(c)	Uplift		8/29/2025		243		244		240
342277596, 0.00%, 07/22/2026 (b)(c)	Uplift		8/29/2025		180		169		176
342280246, 29.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		863		878		853
342280294, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		128		119		125
342280384, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		272		279		32
342281117, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		226		212		221
342281323, 24.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		113		116		112
342281842, 35.99%, 02/22/2026 (b)(c)(d)(e)	Uplift		8/29/2025		59		61		7
342282256, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		325		305		318
342282433, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		125		125		124
342282992, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		427		402		418
342283472, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		206		193		202
342285222, 29.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,783		1,808		1,757
342285380, 23.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		882		893		869
342285860, 12.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		417		417		414
342286204, 35.99%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		550		566		104
342286335, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		131		135		130
342286958, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		171		160		167
342287154, 12.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		144		144		143
342287510, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		260		267		257
342287592, 33.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		3,139		3,197		3,100
342287621, 29.99%, 11/30/2025 (b)(c)(e)	Uplift		8/29/2025		13		13		13
342287654, 19.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		886		897		873
342287749, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		3,171		2,990		2,982
342289266, 35.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		788		798		776
342289441, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		151		141		148
342290158, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		245		230		240
342290159, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		124		127		123
342290163, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		105		97		103
342290932, 0.00%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		218		202		26
342291044, 23.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,400		1,425		1,384
342292132, 16.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		130		133		129
342293123, 16.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		115		118		114
342293509, 35.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,235		1,251		1,216
342293999, 0.00%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		50		47		6

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342294019, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025	$	119	$	122	$	118
342294147, 35.99%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		698		717		40
342294178, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		461		474		54
342294520, 29.99%, 11/23/2025 (b)(c)(e)	Uplift		8/29/2025		9		9		9
342294627, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		92		92		91
342294793, 16.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,000		1,013		986
342295311, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		248		255		247
342295354, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		178		166		174
342295687, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		180		185		179
342296248, 33.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,428		1,448		1,407
342296829, 16.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		39		40		38
342297745, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,649		1,679		1,624
342297919, 0.00%, 08/23/2026 (b)(c)	Uplift		8/29/2025		523		521		511
342298369, 35.99%, 11/23/2025 (b)(c)(d)(e)	Uplift		8/29/2025		415		427		50
342299097, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		130		134		129
342299757, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		179		167		175
342300699, 19.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		818		828		806
342301087, 29.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		171		176		48
342303741, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		385		395		45
342305238, 33.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		306		315		36
342349702, 19.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,189		2,227		2,162
342389086, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		162		151		158
342395509, 19.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		3,718		3,766		3,658
342399802, 35.99%, 11/23/2025 (b)(c)(e)	Uplift		8/29/2025		10		10		10
342413196, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		118		121		14
342414199, 21.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		176		181		175
342417982, 24.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		133		136		132
342419653, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		154		144		151
342430138, 35.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		2,251		2,282		2,215
342432612, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		255		237		249
342436546, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		160		149		157
342438340, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		94		88		92
342441791, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		55		51		54
342444712, 18.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,555		1,582		1,537
342445934, 35.99%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		219		225		52
342446099, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,247		2,287		2,213
342447091, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		175		163		171
342447101, 29.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		860		872		848
342447324, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		260		260		257
342447433, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,541		1,448		1,446
342448854, 18.99%, 02/28/2027 (b)(c)	Uplift		8/29/2025		3,601		3,648		3,545
342452234, 29.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,380		2,423		2,344
342454008, 0.00%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		1,206		1,130		139
342456852, 35.99%, 02/23/2027 (b)(c)(d)	Uplift		8/29/2025		2,500		2,570		292
342457212, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		179		167		175
342459319, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		144		134		141
342460945, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		908		848		850
342461362, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,198		1,123		1,123
342462977, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		235		220		230
342465118, 24.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		105		105		104
342466758, 0.00%, 02/28/2026 (b)(c)(d)(e)	Uplift		8/29/2025		417		399		50
342471914, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		57		58		11
342473314, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		221		207		216
342475548, 23.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		408		408		404
342476490, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		188		193		22
342476895, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		597		561		579

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342477830, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025	$	152	$	142	$	149
342478376, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		3,331		3,391		3,272
342479213, 35.99%, 08/23/2027 (b)(c)(d)	Uplift		8/29/2025		1,948		2,002		228
342480060, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		106		99		103
342483588, 35.99%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		109		112		13
342486722, 0.00%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		703		657		81
342486764, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		174		163		170
342488516, 33.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,025		1,039		1,008
342493155, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		62		62		62
342494234, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		51		51		51
342499586, 23.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		109		109		108
342502628, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		119		123		118
342503163, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		381		350		370
342503501, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		172		172		171
342505319, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		206		212		204
342506317, 19.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		178		183		176
342511987, 35.99%, 08/07/2026 (b)(c)(d)	Uplift		8/29/2025		1,010		1,038		119
342512243, 35.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		4,394		4,453		4,325
342512425, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,001		2,038		1,975
342512709, 23.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		41		42		41
342514389, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		314		314		311
342515197, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		142		132		138
342516048, 35.99%, 05/23/2026 (b)(c)(e)	Uplift		8/29/2025		26		26		26
342518379, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		418		429		49
342518499, 19.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		147		151		146
342520536, 12.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		130		133		129
342524783, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		249		233		243
342527019, 35.99%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		184		188		21
342527725, 0.00%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		2,218		2,090		257
342527852, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		171		160		167
342529373, 33.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,653		1,676		1,629
342532836, 35.99%, 02/23/2026 (b)(c)(e)	Uplift		8/29/2025		7		7		7
342532928, 12.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		2,134		2,161		2,105
342533618, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		121		125		120
342534196, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		136		140		16
342534361, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		247		254		245
342535441, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		116		108		113
342536105, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		202		208		201
342537967, 21.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		3,822		3,888		3,761
342538848, 12.99%, 08/23/2026 (b)(c)	Uplift		8/29/2025		368		370		365
342539001, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		103		95		100
342542138, 35.99%, 02/23/2027 (b)(c)(d)	Uplift		8/29/2025		1,182		1,215		225
342548568, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		107		99		104
342548917, 24.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		204		209		202
342549191, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		244		228		238
342552302, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		241		226		236
342556395, 18.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		250		257		248
342556850, 35.99%, 07/23/2026 (b)(c)(d)	Uplift		8/29/2025		380		390		120
342557602, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		859		801		802
342557735, 35.99%, 02/23/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
342561080, 0.00%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		322		299		82
342564884, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		111		103		108
342565055, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		854		797		799
342565682, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		146		150		17
342567101, 33.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		277		285		33
342568161, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,925		1,960		1,900

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342571175, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025	$	50	$	51	$	12
342573181, 35.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,203		1,220		1,186
342574560, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		121		124		120
342575089, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		132		136		131
342580150, 23.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		158		158		156
342580575, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		117		109		114
342581251, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		533		533		527
342581752, 18.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		481		487		476
342585123, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		317		297		308
342588455, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		897		838		838
342590454, 33.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,403		1,428		1,383
342590595, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		161		150		157
342590851, 35.99%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		30		31		4
342592179, 27.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		852		863		841
342592317, 12.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,334		1,351		1,319
342593705, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		94		88		92
342594939, 21.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		3,171		3,213		3,126
342595375, 35.99%, 02/23/2026 (b)(c)(e)	Uplift		8/29/2025		9		9		9
342595783, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		762		711		716
342596148, 14.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,275		2,314		2,250
342597182, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		158		147		154
342597256, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		443		455		439
342602842, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		55		57		11
342604630, 16.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		135		135		133
342604631, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		91		93		12
342606161, 23.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		169		169		168
342610311, 35.99%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		92		94		11
342613435, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,224		1,147		1,147
342615110, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,393		2,436		2,362
342615711, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		112		112		111
342617102, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		175		175		173
342619039, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		306		287		299
342620433, 21.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,269		2,333		2,234
342621524, 0.00%, 02/23/2027 (b)(c)	Uplift		8/29/2025		503		472		487
342621744, 27.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		3,692		3,741		3,638
342624484, 16.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		150		150		149
342628175, 35.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		133		133		132
342628584, 0.00%, 07/23/2026 (b)(c)	Uplift		8/29/2025		193		180		188
342631145, 21.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		2,420		2,463		2,392
342631354, 24.99%, 02/23/2027 (b)(c)	Uplift		8/29/2025		1,132		1,148		1,116
342632092, 35.99%, 08/23/2027 (b)(c)	Uplift		8/29/2025		1,354		1,379		1,334
342636061, 29.99%, 07/23/2026 (b)(c)	Uplift		8/29/2025		183		183		181
342637000, 35.99%, 02/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		91		93		11
342637672, 35.99%, 05/23/2026 (b)(c)(d)(e)	Uplift		8/29/2025		65		67		16
342641782, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		137		141		16
342642229, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		111		102		108
342642331, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		126		130		125
342642610, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,605		1,628		1,582
342643300, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		343		323		336
342644111, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		228		232		225
342644315, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		247		253		29
342644487, 19.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		53		55		53
342644661, 21.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		613		623		607
342644673, 35.99%, 07/24/2026 (b)(c)(d)	Uplift		8/29/2025		277		285		104
342644682, 21.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		542		552		536
342644851, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		307		286		296

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342645379, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025	$	1,074	$	1,089	$	1,055
342645450, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		334		334		330
342646067, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		861		885		100
342646270, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		374		374		370
342647617, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		274		274		272
342647764, 23.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,548		1,572		1,530
342648018, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		121		114		118
342648103, 35.99%, 07/28/2026 (b)(c)	Uplift		8/29/2025		217		217		216
342648622, 14.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,372		1,389		1,354
342648975, 12.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		137		140		136
342649406, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		325		303		314
342649935, 16.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		286		290		284
342650095, 27.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,607		1,636		1,588
342650453, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		3,726		3,795		3,680
342651017, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,150		1,171		1,133
342652358, 33.99%, 02/24/2026 (b)(c)(e)	Uplift		8/29/2025		8		8		8
342652822, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		879		879		868
342652917, 35.99%, 11/24/2025 (b)(c)(e)	Uplift		8/29/2025		5		6		5
342652946, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		132		122		128
342652950, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		124		127		123
342653250, 18.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		5,248		5,339		5,173
342653546, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		82		84		10
342653668, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		240		246		238
342653698, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,975		2,012		1,950
342653996, 35.99%, 03/01/2026 (b)(c)(e)	Uplift		8/29/2025		8		8		8
342654305, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,711		1,735		1,686
342654504, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		43		44		6
342654525, 18.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		4,481		4,555		4,419
342654638, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		170		175		169
342654666, 33.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,214		1,231		1,196
342657368, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		366		376		362
342657712, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,795		1,826		1,764
342658251, 35.99%, 06/01/2026 (b)(c)(d)(e)	Uplift		8/29/2025		239		245		28
342659099, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		532		542		525
342660648, 12.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,391		2,431		2,365
342660724, 35.99%, 07/24/2026 (b)(c)(d)	Uplift		8/29/2025		1,875		1,928		607
342660919, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		413		425		48
342661714, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		34		35		34
342663810, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		2,962		3,001		2,920
342664669, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		128		120		125
342672321, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		169		174		20
342681633, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		448		448		443
342702571, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		147		137		144
342713571, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		251		236		246
342717165, 24.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		100		100		99
342717886, 33.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,248		2,289		2,220
342718910, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		214		214		212
342723888, 0.00%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		948		880		112
342734427, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		139		142		137
342734748, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		210		216		208
342735556, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		75		75		74
342739658, 29.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,831		1,863		1,806
342740785, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,336		1,361		1,320
342743528, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,476		2,520		2,438
342743814, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		153		143		150
342746702, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		221		206		216

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342748858, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025	$	147	$	137	$	144
342750207, 12.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		148		152		147
342750540, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		115		106		112
342750648, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		552		568		548
342751276, 16.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,968		3,020		2,928
342753154, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		175		163		171
342754209, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		104		96		101
342754342, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		189		194		7
342754820, 0.00%, 02/28/2026 (b)(c)(d)(e)	Uplift		8/29/2025		489		451		55
342755084, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		134		125		131
342756013, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,069		1,083		1,053
342757148, 21.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		957		969		947
342757379, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		452		464		53
342757735, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		96		99		13
342758834, 16.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		2,245		2,275		2,215
342759152, 19.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		149		153		148
342764586, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		177		182		176
342764856, 29.99%, 08/24/2027 (b)(c)(d)	Uplift		8/29/2025		1,575		1,619		583
342766991, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,967		1,850		1,847
342768146, 33.99%, 08/24/2027 (b)(c)(d)	Uplift		8/29/2025		2,109		2,147		1,260
342769449, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		69		71		68
342772221, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		175		163		170
342772243, 35.99%, 02/24/2026 (b)(c)(e)	Uplift		8/29/2025		6		6		6
342772481, 35.99%, 11/24/2025 (b)(c)(e)	Uplift		8/29/2025		6		6		6
342773044, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		136		127		133
342773947, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,256		2,298		2,222
342774341, 35.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		28		28		3
342777532, 23.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		269		276		267
342779009, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		284		284		281
342781186, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		129		132		16
342782795, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,175		1,101		1,101
342785081, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		224		210		219
342785229, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		139		143		138
342787823, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,835		1,860		1,806
342790128, 19.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		115		118		114
342790470, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		733		687		699
342791907, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		167		156		163
342794931, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		160		149		156
342795640, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		298		284		292
342795759, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,273		1,290		1,254
342796334, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		162		162		160
342798964, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		217		203		212
342801881, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		147		151		146
342802027, 23.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		149		149		148
342802799, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		2,739		2,775		2,694
342803199, 23.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		151		156		150
342805520, 0.00%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		53		50		6
342806164, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		389		366		381
342806524, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		965		907		925
342810004, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		199		186		194
342810230, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		466		439		456
342810319, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		138		128		135
342814515, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		102		105		4
342814672, 35.99%, 08/24/2026 (b)(c)	Uplift		8/29/2025		603		606		597
342816182, 0.00%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		335		309		64
342816312, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		2,381		2,242		2,238

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342819720, 24.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025	$	181	$	186	$	180
342820273, 23.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		275		282		273
342821168, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		125		128		124
342824766, 35.99%, 05/24/2026 (b)(c)(e)	Uplift		8/29/2025		143		143		141
342827359, 16.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		344		344		341
342827814, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		172		172		170
342829542, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		201		188		197
342830194, 21.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		4,015		4,068		3,959
342832100, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		884		895		871
342832586, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		107		99		104
342832662, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		93		96		13
342836940, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		44		44		43
342837930, 35.99%, 02/24/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
342838496, 16.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		3,181		3,222		3,140
342838784, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		166		155		162
342839459, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		72		74		9
342841451, 33.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		156		156		154
342841710, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		116		116		115
342844379, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		149		139		145
342844898, 19.99%, 07/24/2026 (b)(c)(d)	Uplift		8/29/2025		745		766		114
342845244, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		37		38		6
342845946, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		479		449		463
342846936, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		169		174		168
342848793, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		742		763		735
342849426, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		204		190		199
342850931, 0.00%, 08/01/2026 (b)(c)	Uplift		8/29/2025		245		243		237
342852351, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		190		195		189
342852911, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		201		187		196
342853080, 19.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,642		2,689		2,611
342853807, 16.99%, 07/30/2026 (b)(c)	Uplift		8/29/2025		120		120		119
342854296, 23.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		140		144		139
342857433, 16.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,191		1,212		1,176
342857654, 18.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,195		2,232		2,169
342858429, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		181		169		177
342860647, 16.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,951		1,976		1,925
342862883, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		158		147		155
342867371, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		310		291		303
342868376, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		305		287		299
342871654, 0.00%, 07/24/2026 (b)(c)(d)	Uplift		8/29/2025		650		604		138
342875180, 35.99%, 05/24/2026 (b)(c)(e)	Uplift		8/29/2025		9		9		9
342875443, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		1,290		1,314		1,274
342875671, 0.00%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		1,676		1,567		192
342881006, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		111		102		108
342882582, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,137		1,064		1,064
342884370, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		264		247		258
342886041, 21.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		902		913		893
342886397, 12.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		172		177		171
342890090, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		177		165		172
342891928, 12.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,807		2,855		2,777
342892053, 0.00%, 02/24/2027 (b)(c)	Uplift		8/29/2025		4,151		3,917		3,906
342892189, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		110		110		109
342892771, 23.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		1,041		1,055		1,026
342893227, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		329		307		318
342896681, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		119		119		118
342897211, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		135		139		134

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342897732, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025	$	128	$	132	$	127
342898197, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		418		391		404
342898428, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		388		365		379
342898495, 23.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		133		137		53
342899441, 35.99%, 02/24/2027 (b)(c)	Uplift		8/29/2025		418		424		414
342899546, 19.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		129		129		128
342902069, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		211		211		209
342906433, 35.99%, 08/24/2027 (b)(c)	Uplift		8/29/2025		2,337		2,380		2,302
342907786, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		133		133		132
342910620, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		159		148		156
342911534, 12.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		113		116		112
342912181, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		189		194		188
342913124, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		402		414		399
342914104, 35.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		109		109		109
342914237, 35.99%, 05/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		525		540		19
342915762, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		142		132		138
342916405, 12.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		68		68		67
342916774, 0.00%, 07/24/2026 (b)(c)	Uplift		8/29/2025		114		105		111
342917957, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		117		108		114
342918667, 24.99%, 02/24/2026 (b)(c)(d)(e)	Uplift		8/29/2025		431		443		52
342919125, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		94		94		93
342919303, 0.00%, 07/24/2026 (b)(c)(d)	Uplift		8/29/2025		740		693		311
342919316, 29.99%, 07/24/2026 (b)(c)	Uplift		8/29/2025		106		106		106
342920437, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		194		181		189
342921997, 12.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,961		1,995		1,941
342922068, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		131		134		130
342922223, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		30		31		30
342922424, 18.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,453		1,478		1,431
342922458, 35.99%, 11/25/2025 (b)(c)(d)(e)	Uplift		8/29/2025		555		570		66
342922465, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		191		191		190
342923201, 14.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		51		53		51
342923510, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		179		167		175
342923692, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		146		150		145
342923759, 24.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,115		1,130		1,099
342924157, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		260		260		258
342924768, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		307		316		48
342924820, 35.99%, 05/30/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
342924870, 23.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		131		134		30
342924897, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		159		164		158
342925204, 0.00%, 08/09/2026 (b)(c)	Uplift		8/29/2025		300		298		291
342925666, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		192		192		191
342925935, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		273		255		264
342926175, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,064		2,102		2,035
342926227, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		325		326		322
342926836, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		146		136		143
342927141, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,746		2,784		2,698
342927368, 21.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,651		1,680		1,633
342928662, 29.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		3,057		3,111		3,020
342929133, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,844		1,877		1,813
342929536, 19.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		68		70		16
342929550, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		230		230		228
342929627, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		122		122		121
342930884, 0.00%, 08/25/2026 (b)(c)	Uplift		8/29/2025		477		475		467
342931137, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		138		141		137
342931219, 12.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		947		959		935

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342932255, 14.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025	$	706	$	726	$	322
342932392, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		120		112		117
342932906, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		190		190		189
342933762, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		177		177		175
342934179, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		156		160		154
342934186, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		158		148		155
342934926, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		112		104		109
342935034, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		142		145		140
342935140, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		101		101		100
342935156, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		149		149		148
342935159, 14.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		24		24		24
342935161, 18.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,840		2,889		2,808
342935713, 29.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,141		1,157		1,124
342935924, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		159		159		158
342936274, 19.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,057		2,085		2,030
342936386, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		80		74		78
342937152, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		241		247		239
342937377, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		118		109		115
342937582, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		120		120		120
342937779, 21.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,914		1,947		1,887
342938349, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		534		549		62
342938383, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		112		115		111
342939484, 27.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,260		1,277		1,243
342939860, 25.99%, 02/28/2027 (b)(c)	Uplift		8/29/2025		1,232		1,248		1,215
342941398, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		165		169		163
342941907, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		148		152		147
342943582, 29.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		979		992		965
342944072, 33.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		329		338		327
342944508, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		30		31		4
342945125, 27.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,656		2,692		2,619
342946285, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		25		25		24
342946315, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		226		212		221
342947087, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,191		1,208		1,174
342947796, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		138		141		137
342950689, 19.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		57		58		14
342960912, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		95		97		13
342967484, 29.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		86		89		10
342968005, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		182		187		40
342970061, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		610		627		604
342970092, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		117		109		115
342971208, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		214		200		209
342976080, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		535		504		523
342976142, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		121		121		120
342976791, 16.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		692		701		683
342977542, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		114		114		113
342978318, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		106		109		12
342978443, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,473		2,519		2,443
342978739, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		163		167		161
342980099, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		988		924		925
342980362, 27.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		185		191		184
342980647, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		111		102		108
342981685, 24.99%, 08/29/2027 (b)(c)	Uplift		8/29/2025		7,411		7,543		7,322
342982008, 35.99%, 11/25/2025 (b)(c)(e)	Uplift		8/29/2025		6		6		6
342982829, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,049		1,064		1,031
342983501, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,093		2,132		2,062

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
342983555, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025	$	51	$	52	$	50
342983563, 29.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		1,150		1,170		1,133
342985175, 33.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		959		973		945
342985332, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		47		48		5
342985959, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		276		276		274
342987016, 18.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		280		288		278
342987965, 33.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		125		125		124
342989547, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		130		134		129
342990520, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,542		2,578		2,505
342993304, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		71		71		70
342997224, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		130		134		129
343003015, 14.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		3,307		3,364		3,272
343003705, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		306		287		299
343006616, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		108		99		105
343007342, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		110		113		110
343011805, 14.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		491		504		487
343014904, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		304		304		301
343015491, 35.99%, 02/25/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
343016270, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		161		166		160
343017509, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		262		246		256
343017577, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		593		610		589
343017675, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		451		463		177
343018376, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		165		154		161
343019046, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		152		152		151
343019840, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,124		1,139		1,104
343020880, 16.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		946		959		934
343024226, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		556		572		65
343024731, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		162		166		161
343024969, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		137		137		136
343026277, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		388		399		384
343026316, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		804		750		751
343027224, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		195		201		42
343029343, 27.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,372		1,390		1,353
343029400, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		442		455		439
343032511, 35.99%, 08/25/2027 (b)(c)(d)	Uplift		8/29/2025		1,716		1,764		116
343032680, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		610		627		213
343033002, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		182		170		178
343034204, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		35		36		4
343036675, 21.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		157		157		156
343036709, 16.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		134		137		133
343037692, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		432		432		428
343040455, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		279		287		32
343041744, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		57		58		7
343042657, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		151		141		148
343043431, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		27		28		27
343046089, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		230		215		224
343047420, 18.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		123		127		123
343048947, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,395		1,308		1,307
343049217, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		164		153		160
343049301, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		109		109		108
343049957, 21.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		3,132		3,187		3,097
343050320, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		181		181		180
343050366, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		119		111		116
343051148, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		242		227		237
343051158, 16.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		317		322		313

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343053932, 0.00%, 08/01/2026 (b)(c)	Uplift		8/29/2025	$	234	$	233	$	227
343054160, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,182		2,212		2,159
343054256, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		697		705		687
343054423, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		258		266		257
343054626, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		128		119		125
343054637, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		164		152		160
343054845, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		117		120		116
343055353, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		791		813		80
343055475, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		1,041		1,070		191
343056198, 16.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		130		133		129
343057935, 24.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		329		329		326
343058509, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		409		382		395
343059766, 21.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		110		113		109
343060982, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		103		95		101
343061814, 23.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,316		1,333		1,298
343062432, 23.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		35		36		4
343063531, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		322		303		315
343064747, 12.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		493		500		489
343065134, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		1,067		1,008		1,045
343065186, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,092		1,968		1,963
343065931, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		284		266		277
343066491, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,050		1,064		1,041
343066873, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		225		231		49
343067047, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		123		127		123
343067092, 19.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,095		1,109		1,080
343068680, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		310		319		308
343069399, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		109		112		109
343069810, 16.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		467		476		462
343070128, 29.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		142		144		141
343070606, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		161		165		160
343071696, 35.99%, 03/09/2026 (b)(c)(e)	Uplift		8/29/2025		22		22		21
343073045, 0.00%, 07/31/2026 (b)(c)	Uplift		8/29/2025		205		204		197
343073909, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,239		1,161		1,160
343074332, 0.00%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		78		74		9
343074620, 35.99%, 05/25/2026 (b)(c)(e)	Uplift		8/29/2025		28		28		28
343075285, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		264		264		262
343075354, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,021		955		956
343077541, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		118		121		117
343078197, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		706		716		696
343079288, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		168		156		164
343080384, 33.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		878		903		870
343084230, 23.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		332		336		327
343084524, 29.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		3,547		3,611		3,505
343084671, 0.00%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		75		71		9
343085302, 29.99%, 08/09/2026 (b)(c)	Uplift		8/29/2025		299		300		294
343085950, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		104		96		101
343086290, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		133		124		130
343087492, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,363		1,382		1,343
343089497, 33.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		790		812		93
343089641, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		1,584		1,629		184
343093962, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		148		148		147
343095275, 35.99%, 11/25/2025 (b)(c)(e)	Uplift		8/29/2025		7		7		7
343095647, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		109		101		106
343095843, 0.00%, 09/09/2026 (b)(c)	Uplift		8/29/2025		352		339		344
343096109, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		126		129		125
343096572, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		269		277		31

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343098746, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025	$	204	$	204	$	202
343104919, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		125		116		122
343105805, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		205		196		201
343107199, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		58		60		13
343107726, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		876		889		864
343108026, 35.99%, 11/25/2025 (b)(c)(d)(e)	Uplift		8/29/2025		932		959		110
343111803, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		341		351		339
343113982, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		218		218		216
343115173, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		167		167		166
343115307, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		221		207		216
343116324, 0.00%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		2,964		2,790		363
343116688, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		137		128		134
343119395, 33.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		210		209		208
343123509, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		415		391		406
343124084, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		148		152		17
343124340, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		140		130		136
343124628, 29.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,102		2,140		2,077
343124761, 29.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,604		1,625		1,582
343125093, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		124		124		124
343126489, 35.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		213		219		25
343127333, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		126		129		28
343127484, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		794		816		257
343127570, 0.00%, 05/25/2026 (b)(c)(e)	Uplift		8/29/2025		10		9		10
343128930, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		357		336		349
343130540, 35.99%, 05/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		513		528		60
343137691, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,365		1,281		1,280
343138944, 12.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		138		141		137
343139267, 0.00%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,135		1,063		1,063
343139530, 33.99%, 02/25/2026 (b)(c)(d)(e)	Uplift		8/29/2025		263		270		31
343140246, 16.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		122		126		122
343140845, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		314		295		308
343143584, 35.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		487		494		480
343145400, 14.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		436		442		432
343149831, 23.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		130		134		129
343151509, 16.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		1,931		1,956		1,906
343153197, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		132		123		129
343153617, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		123		114		120
343153846, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		136		136		135
343154015, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		305		287		299
343154886, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		134		125		131
343157336, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		236		221		231
343163161, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		123		114		120
343163438, 12.99%, 02/25/2027 (b)(c)	Uplift		8/29/2025		2,634		2,667		2,599
343163508, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		505		473		488
343163642, 27.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		358		358		354
343164185, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		450		459		446
343164290, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		324		304		317
343164576, 0.00%, 07/25/2026 (b)(c)	Uplift		8/29/2025		108		100		106
343168440, 29.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		114		114		113
343168517, 14.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		255		262		253
343168819, 19.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025		218		218		216
343169600, 35.99%, 07/25/2026 (b)(c)(d)	Uplift		8/29/2025		181		186		77
343171209, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,183		2,222		2,150
343172649, 35.99%, 08/25/2027 (b)(c)	Uplift		8/29/2025		2,080		2,119		2,054
343174251, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		6,625		6,748		6,545
343174322, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		4,886		4,971		4,813

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343174554, 35.99%, 07/25/2026 (b)(c)	Uplift		8/29/2025	$	246	$	246	$	244
343175027, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		184		189		182
343175240, 23.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		207		213		205
343175992, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		45		46		9
343176000, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,365		1,280		1,280
343177420, 18.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		262		262		260
343178717, 0.00%, 07/30/2026 (b)(c)	Uplift		8/29/2025		320		300		309
343178741, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		158		147		154
343179038, 33.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,064		1,078		1,048
343179148, 0.00%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		563		523		67
343179187, 33.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		7,397		7,534		7,308
343179329, 0.00%, 07/26/2026 (b)(c)(d)	Uplift		8/29/2025		515		476		109
343180697, 35.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,683		1,707		1,659
343181108, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		42		43		5
343181345, 23.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		127		131		126
343181658, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		159		148		156
343183057, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		157		146		153
343183367, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		206		212		37
343184032, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
343184135, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		150		154		149
343184236, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,202		1,126		1,127
343184503, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,857		2,908		2,821
343184894, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		118		121		117
343185219, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		106		106		105
343185324, 29.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,914		1,949		1,891
343185765, 35.99%, 11/26/2025 (b)(c)(d)(e)	Uplift		8/29/2025		114		118		13
343185896, 0.00%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		32		30		4
343186464, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		179		167		175
343187242, 23.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		469		482		466
343187275, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		138		138		137
343187481, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		250		234		245
343187610, 21.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		169		171		168
343187622, 24.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,049		1,063		1,035
343187795, 33.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		605		613		598
343187801, 24.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		4,394		4,472		4,344
343188300, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		155		160		154
343188527, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		165		170		19
343188677, 35.99%, 11/26/2025 (b)(c)(e)	Uplift		8/29/2025		15		15		15
343189499, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		247		232		242
343189527, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		74		76		10
343189697, 24.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		257		265		31
343189738, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		939		877		877
343190329, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		132		132		131
343190351, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		174		179		173
343190409, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		117		117		116
343190607, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		53		55		13
343190759, 23.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		123		126		122
343191253, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,130		2,165		2,099
343191577, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		605		622		138
343193726, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		138		128		135
343194026, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		128		132		127
343194765, 27.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,655		1,685		1,636
343195595, 19.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,771		1,795		1,748
343195644, 35.99%, 11/26/2025 (b)(c)(e)	Uplift		8/29/2025		16		15		16
343196189, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		144		148		17
343196438, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		286		294		26

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343196912, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025	$	11	$	11	$	11
343197120, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,555		1,460		1,458
343197399, 29.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		256		256		253
343197439, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		125		125		124
343197831, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		199		186		194
343197835, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		205		205		203
343197877, 19.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		142		142		141
343198052, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		48		49		10
343200518, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		145		145		144
343200749, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		201		206		199
343200979, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		114		117		113
343201152, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		171		171		169
343201353, 23.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		34		35		4
343201370, 14.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		2,642		2,676		2,606
343202183, 24.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		219		226		23
343203079, 29.99%, 12/28/2026 (b)(c)	Uplift		8/29/2025		1,058		1,071		1,043
343203143, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		130		133		129
343203148, 16.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		39		40		39
343203333, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		46		47		6
343203602, 18.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,955		1,989		1,933
343204516, 0.00%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		148		136		17
343204630, 25.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		145		145		144
343205289, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		133		124		130
343206198, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		1,208		1,208		1,200
343207598, 0.00%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		122		111		13
343207625, 14.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		115		118		115
343212566, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		123		123		122
343224063, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		188		175		183
343224339, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		239		223		233
343231480, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		181		168		176
343235056, 29.99%, 12/26/2026 (b)(c)	Uplift		8/29/2025		1,158		1,172		1,143
343252912, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		675		675		667
343254436, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		481		494		477
343257447, 23.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		5,487		5,585		5,425
343266532, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		138		128		135
343269965, 18.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		822		833		811
343272740, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		139		129		136
343273894, 19.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,004		1,018		991
343279726, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,132		2,171		2,106
343280246, 24.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		959		972		946
343284205, 35.99%, 03/05/2027 (b)(c)(d)	Uplift		8/29/2025		1,823		1,874		215
343291299, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		107		99		104
343291869, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		213		200		209
343292044, 19.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		131		135		131
343293865, 35.99%, 08/31/2027 (b)(c)(d)	Uplift		8/29/2025		3,699		3,803		272
343293952, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		11		11		11
343300467, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		163		152		160
343302377, 21.99%, 07/26/2026 (b)(c)(d)	Uplift		8/29/2025		1,732		1,781		742
343302887, 19.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		115		118		115
343305321, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		136		136		135
343305949, 27.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,521		1,541		1,499
343309090, 35.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,317		1,334		1,298
343309670, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		107		99		105
343309751, 24.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		8,293		8,441		8,199
343315789, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		27		27		27
343316424, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		124		124		124

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343316806, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025	$	139	$	129	$	136
343319964, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		115		115		115
343320095, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		550		518		538
343325713, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		142		142		141
343326270, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		107		107		106
343328886, 24.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		288		288		285
343329902, 24.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		2,403		2,435		2,370
343332049, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		264		247		258
343336558, 23.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		599		607		591
343339463, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		286		266		276
343339824, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		91		94		11
343340362, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		61		63		7
343340880, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		161		166		160
343341035, 23.99%, 11/26/2025 (b)(c)(e)	Uplift		8/29/2025		11		11		11
343342216, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		134		138		133
343342840, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		46		47		5
343343776, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		164		152		160
343344652, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		151		141		148
343348951, 21.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		26		26		26
343354555, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		32		33		32
343362241, 35.99%, 07/30/2026 (b)(c)	Uplift		8/29/2025		94		94		93
343362867, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		157		146		153
343363455, 35.99%, 11/26/2025 (b)(c)(d)(e)	Uplift		8/29/2025		35		35		4
343363925, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,008		943		944
343366044, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		268		268		266
343367916, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		138		138		137
343368107, 29.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		117		120		116
343368324, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,321		1,345		1,302
343374031, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		217		203		212
343374464, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		241		241		239
343375243, 35.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,035		1,049		1,020
343377075, 21.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,268		2,307		2,242
343377753, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		173		178		20
343382035, 0.00%, 02/26/2027 (b)(c)	Uplift		8/29/2025		440		412		425
343382239, 35.99%, 11/26/2025 (b)(c)(e)	Uplift		8/29/2025		11		11		11
343382432, 21.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		107		107		106
343383055, 23.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,322		2,363		2,289
343384582, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		135		125		131
343386927, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		203		187		195
343392223, 24.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		3,980		4,051		3,935
343392564, 18.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		176		180		174
343394032, 29.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,361		1,386		1,345
343394806, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		149		153		17
343396912, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		85		79		83
343397187, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		255		239		249
343398150, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		169		158		165
343398192, 24.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		130		134		129
343400925, 23.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		49		50		6
343404689, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		32		33		4
343407061, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		1,724		1,756		1,699
343409646, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		77		80		19
343410238, 18.99%, 12/26/2026 (b)(c)	Uplift		8/29/2025		693		700		684
343410471, 29.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		145		150		144
343410886, 29.99%, 07/30/2026 (b)(c)	Uplift		8/29/2025		130		130		129
343413117, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		211		197		206
343415798, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		391		391		387

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343417370, 35.99%, 11/26/2025 (b)(c)(e)	Uplift		8/29/2025	$	8	$	8	$	8
343422501, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		108		100		105
343424153, 35.99%, 02/28/2027 (b)(c)	Uplift		8/29/2025		1,332		1,350		1,315
343424349, 19.99%, 12/26/2026 (b)(c)	Uplift		8/29/2025		2,238		2,262		2,210
343424683, 18.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		225		232		224
343428489, 29.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		131		134		130
343430680, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		412		412		408
343432939, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		113		113		113
343432977, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		502		472		491
343437823, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		162		167		161
343438556, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		11		11		11
343441009, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		112		104		110
343442227, 21.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		102		102		102
343451611, 35.99%, 07/26/2026 (b)(c)(d)	Uplift		8/29/2025		1,084		1,114		453
343452084, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		142		135		139
343453328, 35.99%, 08/30/2027 (b)(c)	Uplift		8/29/2025		1,938		1,973		1,905
343457042, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		188		188		187
343461109, 29.99%, 08/30/2027 (b)(c)	Uplift		8/29/2025		2,146		2,185		2,112
343464296, 0.00%, 07/26/2026 (b)(c)	Uplift		8/29/2025		294		276		287
343466992, 33.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		151		155		150
343473663, 12.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		3,678		3,741		3,640
343482073, 19.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		143		147		142
343484613, 35.99%, 11/26/2025 (b)(c)(d)(e)	Uplift		8/29/2025		76		78		9
343489994, 33.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		9		9		9
343490696, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		122		125		121
343495240, 16.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,375		1,393		1,357
343495870, 29.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,629		1,652		1,607
343497141, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
343499850, 35.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,429		1,446		1,404
343503015, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		183		183		182
343503674, 24.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,890		1,915		1,859
343504789, 16.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,199		1,214		1,183
343504801, 29.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		156		160		25
343506892, 19.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		31		31		31
343513436, 29.99%, 02/15/2026 (b)(c)(e)	Uplift		8/29/2025		6		6		6
343514576, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		170		175		20
343519051, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		121		121		120
343521667, 35.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,861		1,887		1,835
343521669, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		157		162		156
343529079, 33.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		623		631		614
343532809, 12.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		2,588		2,622		2,555
343534006, 12.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		126		129		125
343536336, 21.99%, 12/26/2026 (b)(c)(d)	Uplift		8/29/2025		2,680		2,756		355
343537221, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,001		2,038		1,976
343537371, 12.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		123		126		122
343540447, 23.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		238		244		236
343541394, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		167		172		4
343542335, 29.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		42		42		41
343543511, 35.99%, 05/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		66		68		12
343552683, 23.99%, 02/26/2027 (b)(c)	Uplift		8/29/2025		1,032		1,046		1,018
343554415, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		47		47		47
343554845, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		154		154		153
343555461, 35.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		4,366		4,445		4,288
343562164, 35.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025		38		38		37
343565125, 35.99%, 02/26/2026 (b)(c)(e)	Uplift		8/29/2025		5		5		5
343567650, 0.00%, 08/26/2026 (b)(c)	Uplift		8/29/2025		440		437		430

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
343568243, 18.99%, 07/26/2026 (b)(c)	Uplift		8/29/2025	$	185	$	190	$	184
343578517, 35.99%, 07/30/2026 (b)(c)	Uplift		8/29/2025		600		600		594
343579802, 33.99%, 08/26/2027 (b)(c)	Uplift		8/29/2025		2,482		2,528		2,446
343587260, 35.99%, 02/26/2026 (b)(c)(d)(e)	Uplift		8/29/2025		39		40		4
343592935, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		59		60		58
343593678, 35.99%, 05/27/2026 (b)(c)(e)	Uplift		8/29/2025		6		6		6
343594361, 16.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		35		36		35
343597086, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		116		119		115
343600445, 12.99%, 02/27/2027 (b)(c)	Uplift		8/29/2025		2,367		2,397		2,333
343600880, 12.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		163		167		162
343601379, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		170		175		169
343603076, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		116		116		115
343604388, 0.00%, 07/27/2026 (b)(c)(d)	Uplift		8/29/2025		1,296		1,236		453
343611357, 35.99%, 05/27/2026 (b)(c)(d)(e)	Uplift		8/29/2025		767		788		89
343614789, 23.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		31		32		31
343673036, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		121		121		121
343698487, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		147		151		146
343703057, 35.99%, 02/27/2027 (b)(c)	Uplift		8/29/2025		873		883		860
343714912, 12.99%, 08/27/2027 (b)(c)	Uplift		8/29/2025		693		705		685
343738010, 35.99%, 05/27/2026 (b)(c)(d)(e)	Uplift		8/29/2025		227		234		49
343751522, 24.99%, 08/27/2027 (b)(c)	Uplift		8/29/2025		1,688		1,718		1,665
343755609, 29.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		290		290		287
343760394, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		150		154		148
343795266, 33.99%, 02/27/2027 (b)(c)	Uplift		8/29/2025		1,271		1,288		1,260
343808959, 35.99%, 07/27/2026 (b)(c)	Uplift		8/29/2025		165		170		164
CBM5857378, 30.10%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,717		3,717		272
CBM5857892, 32.32%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,331		3,331		244
CBM5857981, 29.84%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,193		1,193		1,197
CBM5858155, 32.22%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		8,679		8,679		641
CBM5858202, 30.63%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,286		1,286		1,307
CBM5858203, 28.61%, 08/22/2030 (b)(c)	Upstart		8/22/2025		9,269		9,269		7,654
CBM5858284, 21.45%, 08/22/2030 (b)(c)	Upstart		8/22/2025		41,183		41,183		32,717
CBM5858293, 29.24%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,271		1,271		93
CBM5858319, 31.30%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,696		4,696		4,817
CBM5858394, 29.10%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		9,116		9,116		673
CBM5858463, 30.44%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,649		1,649		120
CBM5858739, 28.28%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,145		2,145		2,099
CBM5858765, 29.54%, 08/22/2028 (b)(c)	Upstart		8/22/2025		5,302		5,302		5,192
CBM5858791, 30.23%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		7,502		7,502		1,833
CBM5858802, 28.68%, 08/28/2030 (b)(c)	Upstart		8/22/2025		2,740		2,740		2,717
CBM5858814, 30.27%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		5,529		5,529		401
CBM5858860, 26.17%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,091		3,091		2,950
CBM5858906, 32.22%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,144		3,144		3,244
CBM5858913, 29.94%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,446		2,446		2,443
CBM5858979, 23.36%, 08/22/2028 (b)(c)	Upstart		8/22/2025		2,757		2,757		2,804
CBM5859018, 31.26%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,080		1,080		1,084
CBM5859178, 28.81%, 08/22/2030 (b)(c)	Upstart		8/22/2025		13,771		13,771		11,724
CBM5859189, 30.87%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,851		5,851		5,963
CBM5859273, 32.26%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		5,344		5,344		1,499
CBM5859726, 30.26%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,153		3,153		233
CBM5860021, 30.31%, 02/25/2029 (b)(c)(d)	Upstart		8/25/2025		20,898		20,898		1,556
CBM5860780, 31.83%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,136		1,136		82
CBM5860814, 28.72%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,037		4,037		298
CBM5860914, 28.56%, 01/22/2031 (b)(c)	Upstart		8/22/2025		1,141		1,144		1,126
CBM5861068, 32.25%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,015		1,015		1,054
CBM5861328, 17.33%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,930		1,930		1,864

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
CBM5861376, 29.23%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025	$	2,478	$	2,478	$	1
CBM5861782, 31.91%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		7,028		7,028		1,927
CBM5862045, 31.43%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		4,014		4,014		1,118
CBM5862207, 24.80%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,412		2,412		175
CBM5863091, 28.59%, 08/25/2030 (b)(c)	Upstart		8/25/2025		7,487		7,487		7,403
CBM5863999, 31.69%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,005		4,019		4,132
CBM5864124, 32.22%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,943		1,943		141
CBM5864133, 25.72%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		957		957		70
CBM5864242, 32.21%, 08/25/2030 (b)(c)	Upstart		8/25/2025		7,030		7,030		7,277
CBM5864551, 30.68%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,891		2,891		2,940
CBM5865244, 31.75%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,262		4,262		4,387
CBM5865347, 25.82%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,297		1,297		1,230
CBM5865428, 31.79%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,367		1,367		1,412
CBM5865663, 29.02%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,276		1,276		1,269
CBM5865713, 31.38%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,314		3,314		3,404
CBM5865857, 32.10%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,568		1,568		1,627
CBM5866087, 30.39%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		4,102		4,102		-
CBM5866388, 23.59%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,720		1,720		1,684
CBM5866476, 26.48%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		16,386		16,386		1,220
CBM5866600, 26.13%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		9,742		9,742		719
CBM5866603, 28.47%, 08/25/2030 (b)(c)	Upstart		8/25/2025		770		770		755
CBM5866829, 30.30%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,010		1,010		992
CBM5867628, 32.19%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		3,279		3,279		244
CBM5867639, 26.49%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,194		1,194		1,141
CBM5867833, 30.73%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,469		2,469		2,514
CBM5867895, 30.52%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,501		4,501		4,572
CBM5868079, 32.14%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,518		4,518		4,692
CBM5868938, 31.18%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,545		3,545		3,637
CBM5869209, 32.27%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,597		3,597		3,742
CBM5869284, 28.81%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,787		2,787		256
CBM5870441, 29.01%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,547		5,547		5,493
CBM5870464, 28.56%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,378		2,378		2,351
CBM5870469, 25.05%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,388		1,388		314
CBM5870515, 28.39%, 09/10/2028 (b)(c)	Upstart		8/25/2025		6,983		6,983		4,623
CBM5872146, 28.55%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,366		5,366		5,302
CBM5872657, 28.78%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,464		1,464		1,452
CBM5872717, 28.28%, 08/26/2028 (b)(c)	Upstart		8/26/2025		2,660		2,660		2,577
CBM5873103, 30.07%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,439		5,439		5,495
CBM5873139, 28.59%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,652		2,652		2,624
CBM5873186, 21.96%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,069		1,069		1,029
CBM5873209, 30.85%, 08/26/2028 (b)(c)	Upstart		8/26/2025		880		880		873
CBM5873297, 26.26%, 01/26/2031 (b)(c)(d)	Upstart		8/26/2025		2,263		2,263		173
CBM5873321, 28.78%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,059		5,059		444
CBM5873354, 28.37%, 02/07/2031 (b)(c)	Upstart		8/26/2025		3,153		3,153		3,113
CBM5873518, 30.28%, 01/26/2031 (b)(c)	Upstart		8/26/2025		2,023		2,023		2,058
CBM5873563, 25.79%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,112		1,112		1,055
CBM5873619, 32.20%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,900		5,900		-
CBM5873633, 21.55%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,562		4,562		4,779
CBM5873776, 28.27%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,033		7,033		6,918
CBM5874162, 26.24%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,636		1,640		1,566
CBM5874471, 16.85%, 08/26/2028 (b)(c)	Upstart		8/26/2025		4,392		4,392		4,225
CBM5874557, 26.88%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		1,400		1,400		-
CBM5874923, 29.95%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,072		4,072		303
CBM5875192, 28.76%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,974		3,974		3,940
CBM5875394, 13.70%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,176		1,176		87
CBM5875428, 31.09%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,632		2,632		2,700

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5824857, 28.69%, 08/25/2030 (b)(c)	Upstart		8/25/2025	$	8,141	$	8,141	$	8,062
DRB5857562, 32.14%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,736		3,736		3,212
DRB5857599, 30.78%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,007		1,007		1,025
DRB5857677, 32.00%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,595		3,607		3,720
DRB5857782, 28.42%, 08/22/2030 (b)(c)	Upstart		8/22/2025		10,964		10,964		10,778
DRB5857785, 26.64%, 08/22/2030 (b)(c)	Upstart		8/22/2025		12,014		12,014		11,543
DRB5857836, 28.49%, 08/22/2028 (b)(c)	Upstart		8/22/2025		1,332		1,332		1,290
DRB5857849, 29.28%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		9,677		9,677		708
DRB5857896, 31.87%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,100		1,100		-
DRB5857982, 28.72%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,276		3,276		244
DRB5858024, 27.70%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,643		1,643		1,675
DRB5858127, 31.02%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,244		1,244		1,265
DRB5858137, 31.39%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,381		1,381		1,417
DRB5858150, 31.84%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,963		3,963		4,089
DRB5858171, 15.37%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,056		1,056		1,006
DRB5858185, 30.47%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,160		1,160		1,168
DRB5858219, 32.32%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,214		2,214		2,301
DRB5858254, 31.33%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,964		3,964		4,061
DRB5858326, 31.88%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,212		5,212		5,296
DRB5858331, 28.89%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,580		1,580		118
DRB5858353, 30.04%, 08/22/2030 (b)(c)	Upstart		8/22/2025		9,089		9,089		9,149
DRB5858376, 28.79%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,483		4,483		4,439
DRB5858390, 23.12%, 08/22/2030 (b)(c)	Upstart		8/22/2025		992		992		1,059
DRB5858392, 28.30%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,241		3,241		237
DRB5858443, 28.96%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,623		3,623		260
DRB5858446, 27.13%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,131		3,131		2,606
DRB5858493, 30.91%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,479		1,479		109
DRB5858523, 28.43%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,459		2,459		182
DRB5858549, 29.92%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,660		2,660		2,676
DRB5858553, 25.50%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		14,536		14,536		1,063
DRB5858581, 29.20%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,500		1,500		-
DRB5858589, 26.98%, 08/22/2028 (b)(c)	Upstart		8/22/2025		8,841		8,841		8,476
DRB5858591, 21.98%, 08/22/2030 (b)(c)	Upstart		8/22/2025		780		780		762
DRB5858619, 26.07%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,989		1,989		1,896
DRB5858628, 31.88%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,946		1,946		2,009
DRB5858634, 27.01%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		8,026		8,026		582
DRB5858698, 27.30%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,400		2,400		179
DRB5858703, 26.97%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,190		1,190		1,145
DRB5858753, 28.50%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,737		1,737		1,713
DRB5858785, 25.00%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,116		3,116		810
DRB5858818, 31.21%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,070		2,070		153
DRB5858821, 32.01%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,288		3,288		238
DRB5858835, 21.67%, 08/22/2028 (b)(c)	Upstart		8/22/2025		879		879		725
DRB5858858, 29.39%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,832		1,832		1,830
DRB5858953, 24.66%, 08/25/2030 (b)(c)	Upstart		8/25/2025		725		725		714
DRB5858955, 28.92%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,432		4,432		183
DRB5858966, 29.42%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		7,657		7,657		555
DRB5858983, 30.40%, 08/22/2028 (b)(c)	Upstart		8/22/2025		1,436		1,436		1,409
DRB5858986, 29.40%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,028		1,028		231
DRB5859027, 30.54%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,966		1,966		1,994
DRB5859044, 28.66%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,385		3,385		3,343
DRB5859085, 28.93%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,211		1,211		90
DRB5859111, 28.84%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		5,613		5,613		407
DRB5859119, 27.12%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		21,957		21,957		1,577
DRB5859181, 30.65%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,287		3,287		671
DRB5859203, 29.13%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,907		2,907		76

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5859327, 28.84%, 08/22/2030 (b)(c)	Upstart		8/22/2025	$	7,671	$	7,671	$	6,329
DRB5859349, 28.73%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,173		1,173		85
DRB5859377, 29.19%, 08/22/2028 (b)(c)	Upstart		8/22/2025		1,364		1,364		1,332
DRB5859383, 30.76%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,306		3,310		240
DRB5859567, 29.79%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,192		1,192		1,197
DRB5859719, 28.73%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,105		1,105		1,087
DRB5859866, 31.17%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,048		1,048		1,068
DRB5859908, 28.62%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,712		2,712		197
DRB5860058, 30.56%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		1,687		1,687		126
DRB5860066, 30.30%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,148		2,156		481
DRB5860094, 31.94%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,959		1,959		143
DRB5860148, 26.27%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		21,751		21,827		1,591
DRB5860351, 28.76%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,096		2,096		-
DRB5860447, 28.57%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,280		1,280		1,264
DRB5860524, 29.17%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,718		2,718		2,704
DRB5860554, 21.86%, 01/22/2031 (b)(c)	Upstart		8/22/2025		1,924		1,924		1,475
DRB5860560, 28.70%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,269		1,269		1,254
DRB5860593, 23.51%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,069		3,069		2,949
DRB5860607, 29.87%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,936		1,936		1,944
DRB5860613, 19.73%, 01/22/2029 (b)(c)	Upstart		8/22/2025		2,498		2,498		2,376
DRB5860638, 30.79%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,454		1,454		1,480
DRB5860640, 28.55%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,133		2,133		524
DRB5860680, 28.66%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,186		1,186		88
DRB5860708, 22.72%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,185		5,185		4,929
DRB5860741, 29.41%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,446		1,446		1,421
DRB5860757, 27.76%, 01/22/2031 (b)(c)(d)	Upstart		8/22/2025		4,296		4,296		1
DRB5860852, 28.09%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,492		2,492		554
DRB5860877, 30.39%, 01/22/2031 (b)(c)	Upstart		8/22/2025		2,154		2,154		2,203
DRB5860885, 31.51%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,816		1,816		1,858
DRB5860907, 28.74%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,761		1,761		1,453
DRB5860928, 29.16%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,181		2,181		2,170
DRB5860934, 27.42%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,439		2,439		2,366
DRB5860955, 25.00%, 08/22/2028 (b)(c)	Upstart		8/22/2025		3,168		3,168		2,987
DRB5860996, 31.94%, 08/22/2030 (b)(c)	Upstart		8/22/2025		7,703		7,703		7,838
DRB5861081, 28.73%, 01/22/2031 (b)(c)	Upstart		8/22/2025		5,476		5,476		5,431
DRB5861092, 31.01%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		5,089		5,089		-
DRB5861444, 32.29%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		8,087		8,116		597
DRB5861531, 32.35%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,173		4,173		311
DRB5861707, 30.02%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,202		2,202		2,223
DRB5862239, 30.41%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,806		3,817		3,861
DRB5862378, 21.77%, 08/25/2030 (b)(c)	Upstart		8/25/2025		988		988		927
DRB5862525, 28.59%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,512		1,512		1,493
DRB5863131, 32.14%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,759		2,759		2,864
DRB5863147, 31.15%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,472		1,472		1,508
DRB5863208, 24.59%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,656		1,656		121
DRB5863511, 28.20%, 01/25/2031 (b)(c)	Upstart		8/25/2025		5,878		5,878		5,818
DRB5863939, 30.34%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,701		3,701		3,752
DRB5864489, 30.51%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		6,751		6,751		493
DRB5864610, 29.96%, 08/25/2030 (b)(c)	Upstart		8/25/2025		24,588		24,588		24,782
DRB5864767, 31.60%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		4,042		4,042		298
DRB5865109, 29.07%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,190		1,190		1,185
DRB5865165, 22.40%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,957		3,957		3,899
DRB5865177, 32.04%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,827		1,827		1,892
DRB5865224, 30.04%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,856		3,856		3,888
DRB5865261, 29.68%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,175		4,175		4,191
DRB5865304, 30.06%, 08/25/2030 (b)(c)	Upstart		8/25/2025		34,360		34,360		34,680

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5865308, 25.47%, 08/25/2028 (b)(c)	Upstart		8/25/2025	$	3,826	$	3,826	$	3,626
DRB5865346, 30.83%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,114		2,114		2,157
DRB5865404, 25.95%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,038		1,038		987
DRB5865539, 29.34%, 08/25/2028 (b)(c)	Upstart		8/25/2025		5,745		5,745		5,609
DRB5865619, 32.05%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		5,818		5,818		429
DRB5865628, 29.05%, 01/25/2031 (b)(c)	Upstart		8/25/2025		1,641		1,641		1,638
DRB5865661, 31.62%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,934		1,934		1,994
DRB5865678, 21.61%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,653		3,653		3,409
DRB5865688, 28.87%, 01/25/2031 (b)(c)	Upstart		8/25/2025		3,085		3,085		3,069
DRB5865692, 30.65%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,859		1,859		136
DRB5865782, 32.19%, 01/25/2031 (b)(c)	Upstart		8/25/2025		31,046		31,046		32,453
DRB5865834, 26.87%, 08/25/2028 (b)(c)	Upstart		8/25/2025		4,002		4,002		4,023
DRB5865836, 28.43%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,554		1,554		1,532
DRB5865848, 30.02%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,054		2,054		150
DRB5865873, 31.40%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,874		1,874		134
DRB5865957, 29.53%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,002		1,005		1,004
DRB5865959, 29.71%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,374		3,374		3,391
DRB5866013, 32.29%, 01/25/2031 (b)(c)(d)	Upstart		8/25/2025		2,964		2,975		-
DRB5866046, 25.26%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,306		4,317		4,228
DRB5866051, 31.08%, 11/25/2030 (b)(c)	Upstart		8/25/2025		2,960		2,960		3,069
DRB5866061, 21.97%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		921		921		202
DRB5866067, 31.62%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,842		2,842		2,935
DRB5866090, 26.99%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,634		3,634		3,513
DRB5866096, 26.29%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		6,228		6,228		1,566
DRB5866113, 29.82%, 08/25/2028 (b)(c)	Upstart		8/25/2025		4,985		4,985		4,901
DRB5866216, 29.73%, 08/25/2030 (b)(c)	Upstart		8/25/2025		37,227		37,227		37,439
DRB5866263, 25.75%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,082		1,082		80
DRB5866266, 30.27%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,285		1,285		1,301
DRB5866269, 31.93%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,935		1,935		2,004
DRB5866347, 26.79%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,073		1,073		140
DRB5866411, 32.30%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		3,956		3,956		1,092
DRB5866475, 31.11%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,664		1,664		122
DRB5866516, 32.34%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		6,606		6,606		-
DRB5866530, 19.13%, 08/25/2028 (b)(c)	Upstart		8/25/2025		629		629		617
DRB5866534, 31.46%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,989		1,989		471
DRB5866542, 26.73%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,370		4,370		4,210
DRB5866549, 30.65%, 08/25/2028 (b)(c)	Upstart		8/25/2025		2,741		2,741		2,713
DRB5866570, 31.37%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,700		2,700		-
DRB5866720, 14.29%, 08/25/2030 (b)(c)	Upstart		8/25/2025		15,813		15,813		14,826
DRB5866747, 31.71%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,926		4,926		5,092
DRB5866757, 29.65%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		19,428		19,428		-
DRB5866808, 24.18%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,532		2,532		2,748
DRB5866828, 28.49%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,602		3,602		3,556
DRB5866852, 29.19%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,740		1,740		1,735
DRB5866856, 22.47%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,739		1,739		128
DRB5866910, 29.98%, 08/25/2028 (b)(c)	Upstart		8/25/2025		8,408		8,429		8,276
DRB5866947, 28.80%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,098		1,098		1,089
DRB5866989, 30.01%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		13,940		13,940		3,168
DRB5867090, 30.59%, 08/25/2030 (b)(c)	Upstart		8/25/2025		15,313		15,313		15,565
DRB5867142, 31.42%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,657		1,657		1,704
DRB5867147, 30.04%, 08/25/2030 (b)(c)	Upstart		8/25/2025		12,157		12,157		12,262
DRB5867351, 21.31%, 08/25/2030 (b)(c)	Upstart		8/25/2025		987		987		957
DRB5867391, 26.05%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,182		1,182		1,178
DRB5867408, 28.56%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		6,491		6,491		474
DRB5867413, 28.40%, 08/25/2030 (b)(c)	Upstart		8/25/2025		6,365		6,365		6,276
DRB5867431, 30.46%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		4,621		4,621		332

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5867480, 30.07%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025	$	1,986	$	1,986	$	148
DRB5867518, 29.74%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		5,473		5,473		407
DRB5867578, 28.71%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,615		2,615		2,573
DRB5867597, 29.98%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,193		1,193		1,202
DRB5867730, 26.30%, 08/25/2030 (b)(c)	Upstart		8/25/2025		8,207		8,207		8,215
DRB5867812, 28.70%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,372		1,372		1,359
DRB5867824, 31.59%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,157		5,157		5,316
DRB5867950, 28.04%, 01/25/2031 (b)(c)	Upstart		8/25/2025		1,233		1,233		1,209
DRB5867961, 23.35%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		5,000		5,000		365
DRB5867963, 24.67%, 08/25/2028 (b)(c)	Upstart		8/25/2025		5,316		5,316		4,970
DRB5868378, 30.70%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,481		2,481		2,527
DRB5868516, 32.16%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,869		1,869		134
DRB5868591, 30.81%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,913		1,913		1,950
DRB5868769, 21.91%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,338		5,338		5,012
DRB5868863, 31.10%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,544		1,544		1,579
DRB5869214, 28.83%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,325		2,325		168
DRB5869324, 16.07%, 08/25/2030 (b)(c)	Upstart		8/25/2025		6,626		6,626		6,383
DRB5869392, 32.07%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,936		1,936		2,009
DRB5869436, 29.37%, 08/25/2030 (b)(c)	Upstart		8/25/2025		8,979		8,979		8,976
DRB5869487, 18.07%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,044		2,044		1,891
DRB5869548, 32.21%, 01/25/2031 (b)(c)	Upstart		8/25/2025		33,648		33,648		40,823
DRB5869852, 31.58%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,417		2,417		2,494
DRB5870057, 32.02%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,496		2,496		200
DRB5870383, 30.63%, 08/25/2028 (b)(c)	Upstart		8/25/2025		27,888		27,888		27,604
DRB5870387, 28.66%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,177		1,177		86
DRB5870394, 28.72%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,397		1,397		1,384
DRB5870443, 29.42%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,582		2,591		192
DRB5870466, 31.97%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		3,768		3,768		278
DRB5870490, 32.00%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,702		1,702		1,760
DRB5870497, 32.29%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,442		5,442		5,663
DRB5870520, 29.30%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		2,893		2,893		-
DRB5870569, 29.26%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,383		2,391		176
DRB5870650, 27.66%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,475		4,475		4,361
DRB5870669, 32.23%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,324		3,324		3,453
DRB5870732, 30.44%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,378		1,378		1,398
DRB5870849, 25.33%, 08/26/2030 (b)(c)	Upstart		8/26/2025		8,342		8,342		8,572
DRB5870896, 28.17%, 08/25/2030 (b)(c)	Upstart		8/25/2025		24,673		24,673		25,435
DRB5871168, 28.61%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		9,627		9,627		716
DRB5871287, 22.27%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,159		2,159		-
DRB5871416, 27.81%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		6,844		6,844		1,727
DRB5871569, 19.70%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,696		5,696		409
DRB5871614, 31.32%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,161		6,161		6,330
DRB5871756, 20.91%, 08/26/2028 (b)(c)	Upstart		8/26/2025		5,803		5,803		5,555
DRB5871761, 14.08%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		23,169		23,169		1,693
DRB5871783, 28.28%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,676		7,676		7,562
DRB5871820, 32.01%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,504		3,504		3,632
DRB5871992, 32.08%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,752		1,752		1,819
DRB5872030, 22.68%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		19,872		19,872		1,465
DRB5872057, 17.37%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,544		1,544		1,433
DRB5872152, 28.75%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,363		2,363		174
DRB5872206, 29.69%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,100		2,100		156
DRB5872288, 20.43%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,580		3,580		3,430
DRB5872313, 29.78%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		7,695		7,695		552
DRB5872317, 31.41%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,987		1,987		139
DRB5872430, 30.20%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,377		1,382		1,392

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5872450, 19.81%, 08/26/2030 (b)(c)	Upstart		8/26/2025	$	10,185	$	10,185	$	9,669
DRB5872515, 30.15%, 08/26/2028 (b)(c)	Upstart		8/26/2025		3,993		3,993		3,938
DRB5872525, 26.63%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,092		1,092		1,099
DRB5872534, 28.88%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		9,500		9,500		-
DRB5872537, 16.62%, 08/26/2028 (b)(c)	Upstart		8/26/2025		4,313		4,313		4,135
DRB5872559, 19.90%, 08/26/2030 (b)(c)	Upstart		8/26/2025		44,686		44,686		42,479
DRB5872610, 22.97%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,719		5,719		5,453
DRB5872619, 17.14%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		2,251		2,251		168
DRB5872659, 29.97%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,112		7,111		7,170
DRB5872704, 29.68%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,527		1,527		1,500
DRB5872737, 29.07%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,926		1,926		139
DRB5872771, 31.33%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,117		2,117		2,175
DRB5872773, 30.92%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,115		2,115		2,161
DRB5872802, 28.95%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,119		4,119		4,096
DRB5872806, 28.46%, 06/26/2031 (b)(c)	Upstart		8/26/2025		1,818		1,818		1,786
DRB5872819, 28.14%, 01/26/2031 (b)(c)	Upstart		8/26/2025		7,371		7,371		8,062
DRB5872835, 28.91%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,104		2,104		2,091
DRB5872840, 31.72%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,119		2,119		2,189
DRB5872867, 29.27%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,726		1,726		1,723
DRB5872868, 12.81%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,972		2,972		2,861
DRB5872884, 17.02%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,988		3,988		3,897
DRB5872897, 31.98%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,369		1,369		99
DRB5872916, 30.35%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,191		1,191		1,208
DRB5872925, 20.57%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,660		4,660		4,296
DRB5872938, 31.50%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,565		1,565		1,612
DRB5872942, 30.36%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,700		1,700		-
DRB5872949, 29.61%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,967		6,967		6,992
DRB5873016, 26.66%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,639		1,639		1,576
DRB5873085, 17.53%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,507		4,507		4,436
DRB5873122, 24.26%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,628		1,628		1,584
DRB5873158, 30.07%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,019		2,019		2,039
DRB5873163, 32.25%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,452		6,452		6,696
DRB5873177, 32.28%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,796		4,796		4,993
DRB5873194, 24.86%, 01/26/2031 (b)(c)	Upstart		8/26/2025		8,222		8,222		7,681
DRB5873205, 29.50%, 01/26/2031 (b)(c)	Upstart		8/26/2025		48,760		48,760		49,352
DRB5873208, 31.71%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,220		1,220		1,254
DRB5873234, 32.28%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		6,280		6,280		-
DRB5873275, 31.89%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,818		1,818		-
DRB5873310, 30.37%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,184		2,190		2,215
DRB5873339, 28.70%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,854		5,854		5,801
DRB5873440, 15.53%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,668		1,668		1,585
DRB5873565, 24.86%, 08/26/2030 (b)(c)	Upstart		8/26/2025		997		1,000		935
DRB5873571, 27.08%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,011		4,011		4,067
DRB5873599, 28.53%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,674		1,680		123
DRB5873630, 14.62%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		8,696		8,696		641
DRB5873645, 30.80%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		3,158		3,158		229
DRB5873654, 32.16%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,660		5,660		5,889
DRB5873675, 25.03%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,431		1,431		1,344
DRB5873714, 30.76%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,896		4,896		364
DRB5873738, 26.32%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,091		2,091		2,004
DRB5873739, 11.74%, 08/26/2028 (b)(c)	Upstart		8/26/2025		3,706		3,706		3,511
DRB5873791, 27.07%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,243		6,243		6,036
DRB5873816, 22.35%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,977		1,977		1,870
DRB5873831, 24.34%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,260		2,260		2,290
DRB5874020, 23.10%, 08/26/2030 (b)(c)	Upstart		8/26/2025		12,840		12,840		11,697

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5874034, 28.25%, 08/26/2030 (b)(c)	Upstart		8/26/2025	$	2,895	$	2,895	$	2,846
DRB5874054, 30.24%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,040		4,040		4,089
DRB5874181, 31.96%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,254		5,254		5,446
DRB5874184, 18.07%, 08/26/2028 (b)(c)	Upstart		8/26/2025		34,278		34,278		34,356
DRB5874349, 22.19%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		2,300		2,300		-
DRB5874353, 29.91%, 08/26/2030 (b)(c)	Upstart		8/26/2025		10,641		10,641		10,723
DRB5874354, 26.79%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,600		3,600		-
DRB5874365, 29.84%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		24,630		24,630		1,272
DRB5874379, 21.45%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,701		2,701		2,625
DRB5874381, 28.80%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,455		1,455		1,441
DRB5874383, 29.87%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,376		1,376		1,386
DRB5874386, 18.57%, 08/26/2030 (b)(c)	Upstart		8/26/2025		10,503		10,503		10,505
DRB5874391, 28.11%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,202		4,202		4,318
DRB5874403, 28.98%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,999		1,999		2,022
DRB5874421, 29.82%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,797		3,797		3,819
DRB5874452, 31.10%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,371		4,371		325
DRB5874454, 28.78%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,686		4,686		4,645
DRB5874464, 31.71%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,070		4,070		283
DRB5874494, 17.34%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,564		5,564		5,463
DRB5874546, 30.37%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		6,761		6,761		494
DRB5874554, 29.84%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,561		2,561		187
DRB5874561, 32.39%, 08/26/2030 (b)(c)	Upstart		8/26/2025		995		995		997
DRB5874584, 22.12%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,578		2,578		567
DRB5874664, 25.83%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,548		5,548		5,277
DRB5874682, 24.20%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,417		4,417		4,105
DRB5874687, 16.04%, 08/26/2030 (b)(c)	Upstart		8/26/2025		12,964		12,964		12,492
DRB5874706, 30.19%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,561		1,561		1,579
DRB5874721, 27.45%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		3,977		3,977		1,054
DRB5874764, 30.39%, 08/26/2028 (b)(c)	Upstart		8/26/2025		12,151		12,185		11,997
DRB5874847, 26.14%, 08/26/2028 (b)(c)	Upstart		8/26/2025		3,992		3,992		3,803
DRB5874853, 20.81%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,389		1,389		1,338
DRB5874909, 29.77%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,054		2,054		150
DRB5874911, 13.54%, 08/26/2030 (b)(c)	Upstart		8/26/2025		14,075		14,075		13,045
DRB5874941, 26.84%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,389		1,389		1,338
DRB5874949, 27.25%, 01/26/2031 (b)(c)(d)	Upstart		8/26/2025		2,755		2,755		198
DRB5874989, 28.89%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,470		7,470		7,389
DRB5875008, 17.83%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,200		2,200		2,176
DRB5875028, 27.71%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,239		5,254		5,114
DRB5875075, 28.90%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		9,830		9,830		712
DRB5875126, 27.64%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,512		1,512		1,460
DRB5875174, 29.30%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,089		1,092		1,137
DRB5875178, 27.06%, 08/26/2030 (b)(c)	Upstart		8/26/2025		911		911		882
DRB5875358, 29.63%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,301		1,305		1,306
DRB5875376, 29.39%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,904		2,904		216
DRB5875391, 29.29%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,008		1,008		1,007
DRB5875399, 24.09%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,080		2,080		1,930
DRB5875449, 30.13%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		30,300		30,300		-
DRB5875500, 27.61%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,098		2,098		2,048
DRB5875507, 27.87%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,199		3,199		240
DRB5875509, 27.84%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,375		2,375		2,324
DRB5875582, 31.59%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,315		3,315		3,419
DRB5875585, 28.02%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,657		4,657		4,571
DRB5875612, 23.51%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,510		4,510		4,151
DRB5875632, 28.58%, 08/26/2030 (b)(c)	Upstart		8/26/2025		3,292		3,292		3,257
DRB5875639, 23.87%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,700		1,700		-
DRB5875643, 28.82%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,986		1,986		148

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
DRB5875645, 28.11%, 08/26/2030 (b)(c)	Upstart		8/26/2025	$	1,644	$	1,644	$	1,616
DRB5875649, 28.37%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,160		4,160		4,102
DRB5875685, 30.79%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,659		2,659		2,712
DRB5875741, 29.38%, 08/26/2030 (b)(c)	Upstart		8/26/2025		8,988		8,988		8,985
DRB5875775, 30.80%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,825		2,825		2,882
DRB5875789, 30.50%, 08/26/2028 (b)(c)	Upstart		8/26/2025		888		888		877
DRB5875790, 30.20%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,359		2,359		2,378
DRB5875822, 24.94%, 01/26/2031 (b)(c)	Upstart		8/26/2025		9,584		9,584		10,680
DRB5875846, 30.52%, 08/26/2030 (b)(c)	Upstart		8/26/2025		8,184		8,206		8,319
DRB5875876, 29.95%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		6,051		6,051		-
DRB5875895, 29.86%, 08/26/2030 (b)(c)	Upstart		8/26/2025		233		233		232
DRB5875902, 26.89%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,081		1,081		1,044
DRB5875915, 32.16%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,742		4,742		346
DRB5875962, 30.07%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		4,767		4,767		355
DRB5875968, 31.26%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,193		2,193		2,241
DRB5875982, 30.10%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,415		5,415		5,471
DRB5875986, 26.98%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,099		4,099		3,965
DRB5875992, 29.93%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,431		7,431		7,490
DRB5876001, 29.49%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		2,963		2,963		853
DRB5876114, 19.03%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,119		7,119		6,682
DRB5876122, 28.58%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		3,242		3,253		235
DRB5876137, 26.01%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,986		1,986		2,069
DRB5876187, 29.75%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,164		1,164		84
DRB5876204, 29.95%, 08/26/2028 (b)(c)	Upstart		8/26/2025		29,388		29,388		28,886
FW5856466, 29.48%, 09/06/2028 (b)(c)	Upstart		8/25/2025		3,717		3,726		2,429
FW5857292, 29.15%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,587		5,587		5,555
FW5857612, 31.88%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,086		2,086		155
FW5857695, 18.68%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		941		941		136
FW5858016, 28.46%, 06/22/2031 (b)(c)	Upstart		8/22/2025		2,790		2,794		2,756
FW5858124, 31.43%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,958		2,958		218
FW5858178, 27.06%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,165		2,165		160
FW5858225, 27.95%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,355		1,355		98
FW5858238, 18.93%, 08/22/2030 (b)(c)	Upstart		8/22/2025		6,898		6,898		5,560
FW5858282, 28.85%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,745		2,745		2,721
FW5858381, 19.01%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,339		1,339		1,255
FW5858393, 32.36%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,604		4,604		337
FW5858395, 30.36%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		5,715		5,715		422
FW5858431, 32.17%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,766		2,766		2,869
FW5858529, 24.96%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,186		2,186		583
FW5858604, 15.89%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,091		3,091		2,967
FW5858637, 13.53%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,717		2,717		2,517
FW5858669, 31.97%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,813		2,813		206
FW5858702, 17.34%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,184		2,184		2,142
FW5858729, 15.68%, 08/22/2028 (b)(c)	Upstart		8/22/2025		16,421		16,421		15,625
FW5858875, 31.24%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,405		3,405		3,488
FW5858892, 29.27%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,832		1,832		1,826
FW5858907, 17.58%, 08/22/2028 (b)(c)	Upstart		8/22/2025		768		768		713
FW5858926, 32.09%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,933		2,933		304
FW5858934, 28.52%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,688		1,688		126
FW5859015, 29.89%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,653		1,653		120
FW5859052, 26.07%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,908		2,908		2,772
FW5859058, 31.81%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,139		2,139		1,835
FW5859088, 27.37%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,103		4,103		3,983
FW5859215, 32.22%, 01/22/2031 (b)(c)	Upstart		8/22/2025		4,178		4,178		4,376
FW5859219, 31.30%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,933		1,933		1,980

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
FW5859243, 18.52%, 08/22/2030 (b)(c)	Upstart		8/22/2025	$	2,119	$	2,119	$	1,971
FW5859274, 31.75%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,132		3,132		3,230
FW5859344, 18.29%, 08/22/2028 (b)(c)	Upstart		8/22/2025		852		852		797
FW5859466, 29.61%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,576		1,576		116
FW5859644, 32.31%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,447		1,447		104
FW5859824, 28.74%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,424		4,424		4,374
FW5859943, 31.90%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,346		4,346		4,487
FW5860153, 25.67%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,300		3,300		246
FW5860504, 23.31%, 08/22/2030 (b)(c)	Upstart		8/22/2025		13,375		13,375		12,805
FW5860647, 19.23%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,463		2,463		2,317
FW5860737, 26.64%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,002		2,002		1,924
FW5860743, 28.57%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		1,661		1,661		121
FW5860935, 28.71%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,948		4,948		4,088
FW5860995, 20.13%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		5,465		5,465		407
FW5861038, 31.73%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,825		5,825		6,005
FW5861039, 32.05%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,568		1,568		1,622
FW5861215, 26.90%, 01/25/2031 (b)(c)	Upstart		8/25/2025		10,694		10,694		10,405
FW5861244, 25.03%, 01/22/2031 (b)(c)(d)	Upstart		8/22/2025		11,697		11,697		840
FW5861472, 21.05%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,900		1,900		-
FW5861617, 21.41%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,722		1,722		1,655
FW5861638, 29.88%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,003		4,003		4,029
FW5862458, 22.42%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,057		2,057		1,862
FW5862587, 32.01%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,399		1,399		-
FW5862670, 30.16%, 01/25/2031 (b)(c)	Upstart		8/25/2025		2,168		2,168		2,217
FW5863659, 32.32%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,306		2,306		2,401
FW5863792, 28.81%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,190		1,190		1,179
FW5863902, 31.30%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,689		1,689		-
FW5863906, 25.22%, 08/25/2030 (b)(c)	Upstart		8/25/2025		6,351		6,351		5,982
FW5863920, 28.20%, 08/25/2028 (b)(c)	Upstart		8/25/2025		2,633		2,633		2,551
FW5865144, 30.00%, 01/25/2031 (b)(c)	Upstart		8/25/2025		1,615		1,615		1,631
FW5865169, 11.69%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,045		1,045		1,013
FW5865193, 23.37%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		15,647		15,702		3,416
FW5865485, 29.06%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,747		2,747		2,734
FW5865595, 28.84%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,757		2,757		203
FW5865622, 31.03%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,516		3,516		3,600
FW5865649, 28.86%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,455		1,455		1,444
FW5865869, 29.38%, 08/25/2030 (b)(c)	Upstart		8/25/2025		9,680		9,680		9,652
FW5865936, 14.59%, 08/25/2030 (b)(c)	Upstart		8/25/2025		13,278		13,278		12,507
FW5865977, 28.09%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		3,734		3,734		275
FW5866138, 28.75%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,018		1,018		1,009
FW5866200, 25.44%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,072		1,076		78
FW5866208, 28.87%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,881		2,881		716
FW5866239, 28.69%, 01/25/2031 (b)(c)(d)	Upstart		8/25/2025		2,068		2,068		363
FW5866277, 23.77%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,909		2,909		2,679
FW5866284, 24.98%, 01/25/2031 (b)(c)	Upstart		8/25/2025		4,265		4,276		4,274
FW5866300, 27.93%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,876		3,876		3,793
FW5866561, 24.11%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		910		910		241
FW5866597, 31.85%, 01/25/2031 (b)(c)	Upstart		8/25/2025		1,656		1,656		1,728
FW5866656, 28.48%, 01/25/2029 (b)(c)	Upstart		8/25/2025		2,962		2,962		2,896
FW5866707, 30.68%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,593		1,593		1,577
FW5866859, 27.67%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,161		1,165		84
FW5866885, 31.85%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,158		2,158		2,237
FW5866928, 29.15%, 01/25/2031 (b)(c)	Upstart		8/25/2025		6,549		6,549		6,565
FW5867193, 24.82%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,084		2,084		1,953
FW5867335, 32.19%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,568		1,568		1,629

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
FW5867502, 31.00%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025	$	2,524	$	2,524	$	183
FW5867528, 30.35%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,755		2,764		2,792
FW5867596, 30.05%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		4,100		4,100		-
FW5867781, 30.95%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		18,783		18,783		1,348
FW5867858, 28.80%, 01/25/2031 (b)(c)(d)	Upstart		8/25/2025		22,290		22,290		3,873
FW5867874, 31.51%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,042		3,042		3,130
FW5867910, 19.27%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		1,071		1,071		79
FW5867952, 29.31%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,924		1,924		1,922
FW5868589, 27.90%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,039		1,039		1,004
FW5868734, 15.61%, 08/25/2028 (b)(c)	Upstart		8/25/2025		3,069		3,069		2,920
FW5869283, 29.11%, 01/25/2031 (b)(c)	Upstart		8/25/2025		3,665		3,665		3,649
FW5869302, 24.78%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,812		1,818		1,696
FW5869327, 30.21%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,078		1,078		1,060
FW5869598, 30.40%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,062		1,062		1,065
FW5870456, 26.11%, 01/25/2031 (b)(c)	Upstart		8/25/2025		2,106		2,106		2,007
FW5870461, 29.61%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,887		1,887		1,849
FW5870718, 31.80%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,641		2,641		191
FW5871586, 24.40%, 08/26/2030 (b)(c)	Upstart		8/26/2025		34,934		34,934		34,036
FW5871777, 16.46%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,534		6,534		6,328
FW5872195, 31.06%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,393		2,393		2,448
FW5872341, 28.54%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,965		2,965		2,929
FW5872486, 32.03%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,875		3,875		-
FW5872553, 17.28%, 09/01/2030 (b)(c)	Upstart		8/26/2025		2,073		2,073		2,024
FW5872656, 25.14%, 08/26/2030 (b)(c)	Upstart		8/26/2025		997		997		940
FW5872712, 29.46%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,052		2,052		2,051
FW5872779, 32.35%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		6,122		6,122		443
FW5872800, 24.74%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,891		3,891		284
FW5872853, 25.75%, 08/26/2030 (b)(c)	Upstart		8/26/2025		10,128		10,128		9,602
FW5873060, 32.35%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,098		5,098		372
FW5873072, 26.72%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,100		5,100		4,910
FW5873074, 30.85%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,700		1,700		126
FW5873217, 29.01%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,324		1,324		95
FW5873274, 31.23%, 08/26/2030 (b)(c)	Upstart		8/26/2025		772		772		777
FW5873489, 30.26%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,865		5,865		428
FW5873525, 29.67%, 08/26/2028 (b)(c)	Upstart		8/26/2025		2,298		2,298		2,257
FW5873526, 18.44%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,116		2,116		-
FW5873625, 29.67%, 01/26/2029 (b)(c)	Upstart		8/26/2025		1,826		1,826		1,794
FW5873653, 21.25%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,596		5,596		1,433
FW5873712, 28.85%, 01/26/2031 (b)(c)	Upstart		8/26/2025		3,256		3,256		3,233
FW5873733, 29.74%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		6,153		6,153		454
FW5873786, 17.95%, 08/26/2030 (b)(c)	Upstart		8/26/2025		24,710		24,710		24,481
FW5873936, 23.57%, 08/26/2028 (b)(c)	Upstart		8/26/2025		3,943		3,943		3,854
FW5873965, 17.16%, 08/26/2028 (b)(c)	Upstart		8/26/2025		30,839		30,839		29,749
FW5874374, 29.14%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,447		3,447		254
FW5874781, 31.90%, 08/26/2030 (b)(c)	Upstart		8/26/2025		20,439		20,439		21,195
FW5874796, 27.74%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,324		1,324		106
FW5874863, 28.11%, 08/26/2028 (b)(c)	Upstart		8/26/2025		868		868		841
FW5874996, 26.64%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		967		967		70
FW5875058, 30.04%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,524		1,524		1,541
FW5875085, 32.27%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		5,583		5,583		408
FW5875350, 26.79%, 01/26/2031 (b)(c)	Upstart		8/26/2025		1,159		1,159		1,117
FW5875363, 32.01%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,799		2,799		208
FW5875377, 32.33%, 01/26/2031 (b)(c)	Upstart		8/26/2025		6,115		6,115		6,476
FW5875439, 27.40%, 08/26/2030 (b)(c)	Upstart		8/26/2025		9,304		9,304		9,043
FW5875579, 28.29%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,279		1,279		1,260

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
FW5875622, 31.07%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025	$	2,401	$	2,401	$	230
FW5875720, 28.84%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		2,690		2,690		193
FW5875817, 30.13%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		7,230		7,230		2,179
FW5875843, 31.07%, 01/26/2031 (b)(c)	Upstart		8/26/2025		1,656		1,656		1,673
FW5875845, 31.88%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,866		2,866		2,961
FW5875912, 26.94%, 08/26/2030 (b)(c)	Upstart		8/26/2025		9,017		9,047		9,114
L5857570, 20.18%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,748		2,748		203
L5857815, 21.96%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,697		2,706		2,532
L5858046, 22.96%, 01/22/2031 (b)(c)(d)	Upstart		8/22/2025		9,438		9,438		678
L5858156, 17.44%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,026		1,026		1,019
L5858252, 20.56%, 01/22/2031 (b)(c)	Upstart		8/22/2025		6,901		6,901		6,610
L5858287, 22.56%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,701		2,701		2,560
L5858315, 20.46%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,289		3,289		236
L5858396, 25.98%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,211		2,211		2,198
L5858416, 21.66%, 08/22/2030 (b)(c)	Upstart		8/22/2025		9,003		9,030		7,245
L5858440, 23.80%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,498		1,498		1,494
L5858535, 21.73%, 08/22/2030 (b)(c)	Upstart		8/22/2025		8,984		8,984		8,759
L5858558, 16.76%, 08/22/2028 (b)(c)	Upstart		8/22/2025		2,080		2,080		1,998
L5858620, 22.88%, 08/22/2030 (b)(c)	Upstart		8/22/2025		8,604		8,604		6,830
L5858677, 18.21%, 08/22/2030 (b)(c)	Upstart		8/22/2025		35,571		35,571		35,359
L5858683, 19.82%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,094		5,094		4,830
L5858699, 17.70%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,232		1,232		1,216
L5858722, 24.03%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,291		4,291		4,148
L5858752, 17.09%, 08/22/2030 (b)(c)	Upstart		8/22/2025		4,415		4,415		4,316
L5858780, 24.87%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		3,377		3,377		245
L5858806, 23.20%, 08/26/2030 (b)(c)	Upstart		8/22/2025		13,468		13,468		12,894
L5858807, 20.62%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,077		1,077		1,033
L5858829, 23.01%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,803		1,803		1,720
L5858849, 20.67%, 08/22/2030 (b)(c)	Upstart		8/22/2025		5,374		5,374		4,953
L5858928, 23.41%, 08/22/2030 (b)(c)	Upstart		8/22/2025		903		903		866
L5858947, 20.88%, 08/22/2030 (b)(c)	Upstart		8/22/2025		7,168		7,168		6,626
L5859070, 20.08%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,693		2,693		312
L5859087, 20.98%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,705		2,712		2,609
L5859176, 20.50%, 01/22/2031 (b)(c)	Upstart		8/22/2025		7,253		7,253		6,959
L5859227, 19.19%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,600		2,600		2,451
L5859252, 23.26%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		2,300		2,300		-
L5859253, 19.22%, 08/22/2030 (b)(c)	Upstart		8/22/2025		961		961		751
L5859391, 26.16%, 01/22/2031 (b)(c)(d)	Upstart		8/22/2025		15,759		15,759		508
L5859427, 20.51%, 08/22/2030 (b)(c)	Upstart		8/22/2025		2,059		2,059		1,973
L5859691, 19.70%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		47,465		47,465		3,409
L5859836, 23.10%, 08/22/2028 (b)(c)(d)	Upstart		8/22/2025		1,073		1,073		78
L5859974, 14.83%, 08/22/2030 (b)(c)	Upstart		8/22/2025		12,848		12,848		12,142
L5860171, 16.58%, 08/22/2028 (b)(c)	Upstart		8/22/2025		770		770		738
L5860320, 19.37%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,466		4,466		333
L5860533, 14.18%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,318		1,318		1,233
L5860586, 17.06%, 01/25/2031 (b)(c)	Upstart		8/25/2025		14,349		14,349		14,045
L5860651, 23.22%, 08/22/2030 (b)(c)	Upstart		8/22/2025		3,428		3,428		3,137
L5860858, 17.06%, 08/22/2028 (b)(c)	Upstart		8/22/2025		1,773		1,773		1,641
L5860860, 21.62%, 08/22/2028 (b)(c)	Upstart		8/22/2025		2,432		2,432		2,335
L5860889, 26.18%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,461		1,461		1,394
L5860897, 23.10%, 01/22/2031 (b)(c)	Upstart		8/22/2025		2,677		2,677		2,596
L5860906, 25.03%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		4,253		4,253		314
L5860975, 20.47%, 08/22/2030 (b)(c)	Upstart		8/22/2025		20,151		20,151		19,287
L5861034, 20.54%, 08/22/2030 (b)(c)	Upstart		8/22/2025		8,129		8,129		7,791
L5861101, 23.09%, 08/22/2030 (b)(c)	Upstart		8/22/2025		1,626		1,626		1,552

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
L5861600, 22.44%, 08/22/2030 (b)(c)	Upstart		8/22/2025	$	2,226	$	2,226	$	2,104
L5861745, 17.60%, 08/22/2030 (b)(c)(d)	Upstart		8/22/2025		42,892		42,892		3,166
L5862058, 14.80%, 08/25/2028 (b)(c)	Upstart		8/25/2025		2,876		2,876		2,706
L5862249, 21.27%, 01/25/2029 (b)(c)	Upstart		8/25/2025		26,759		26,817		25,584
L5863031, 20.97%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		1,862		1,862		1,779
L5863216, 26.08%, 08/25/2030 (b)(c)	Upstart		8/25/2025		9,706		9,706		9,265
L5864148, 26.28%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		13,480		13,480		3,006
L5864564, 21.53%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,646		3,657		3,547
L5864861, 16.28%, 08/25/2028 (b)(c)	Upstart		8/25/2025		769		769		736
L5865474, 18.63%, 08/25/2028 (b)(c)	Upstart		8/25/2025		2,946		2,946		2,765
L5865498, 20.42%, 08/25/2030 (b)(c)	Upstart		8/25/2025		3,087		3,087		3,163
L5865515, 22.15%, 01/25/2031 (b)(c)	Upstart		8/25/2025		2,174		2,174		2,048
L5865548, 24.02%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,420		1,420		1,376
L5865597, 15.99%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,416		4,416		4,249
L5865733, 17.97%, 08/25/2028 (b)(c)	Upstart		8/25/2025		851		851		827
L5865746, 17.46%, 08/25/2030 (b)(c)	Upstart		8/25/2025		7,921		7,921		7,259
L5866173, 19.31%, 08/25/2028 (b)(c)(d)	Upstart		8/25/2025		1,917		1,917		-
L5866360, 14.02%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,144		1,144		1,106
L5866488, 22.87%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,352		1,352		1,288
L5866677, 18.88%, 08/25/2030 (b)(c)	Upstart		8/25/2025		9,802		9,802		9,177
L5866688, 16.07%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,286		1,286		115
L5866788, 23.08%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		6,461		6,461		472
L5866806, 23.07%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,482		1,482		1,416
L5866940, 24.23%, 08/25/2030 (b)(c)	Upstart		8/25/2025		8,950		8,950		8,693
L5866957, 24.36%, 08/25/2028 (b)(c)	Upstart		8/25/2025		1,660		1,660		1,559
L5867019, 19.67%, 08/25/2030 (b)(c)	Upstart		8/25/2025		10,182		10,182		9,644
L5867086, 17.37%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		32,673		32,787		2,410
L5867096, 14.51%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,216		1,216		1,143
L5867144, 17.46%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,041		1,041		75
L5867437, 19.40%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,444		5,461		5,136
L5867456, 19.79%, 08/25/2030 (b)(c)	Upstart		8/25/2025		8,130		8,130		7,714
L5867562, 14.67%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,024		2,024		1,908
L5867599, 25.66%, 08/25/2030 (b)(c)	Upstart		8/25/2025		1,824		1,824		1,811
L5867650, 20.52%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,999		5,999		5,752
L5867718, 18.11%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		5,323		5,323		382
L5867748, 21.89%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,170		4,170		3,914
L5867776, 24.17%, 08/25/2030 (b)(c)	Upstart		8/25/2025		8,725		8,725		8,463
L5867828, 25.24%, 08/25/2030 (b)(c)	Upstart		8/25/2025		7,165		7,165		6,758
L5867830, 17.89%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,202		2,202		2,031
L5868087, 17.72%, 09/01/2030 (b)(c)	Upstart		8/25/2025		16,428		16,428		16,144
L5868234, 21.51%, 08/25/2030 (b)(c)	Upstart		8/25/2025		2,967		2,967		2,886
L5868475, 20.50%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		2,820		2,820		74
L5869352, 17.98%, 08/25/2030 (b)(c)	Upstart		8/25/2025		12,708		12,708		11,742
L5869458, 25.84%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		9,679		9,679		707
L5870236, 20.62%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		3,884		3,884		284
L5870380, 20.10%, 08/25/2030 (b)(c)	Upstart		8/25/2025		4,024		4,024		3,835
L5870407, 22.13%, 08/25/2030 (b)(c)(d)	Upstart		8/25/2025		1,213		1,213		102
L5870444, 16.06%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,038		5,038		4,850
L5871875, 19.78%, 08/25/2030 (b)(c)	Upstart		8/25/2025		5,092		5,092		4,831
L5872033, 21.55%, 11/26/2030 (b)(c)(d)	Upstart		8/26/2025		10,495		10,495		1,451
L5872829, 18.41%, 08/26/2030 (b)(c)	Upstart		8/26/2025		9,854		9,854		9,165
L5872963, 21.62%, 08/26/2028 (b)(c)	Upstart		8/26/2025		2,652		2,652		2,555
L5873067, 15.70%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		20,954		20,954		1,183
L5873302, 19.37%, 08/26/2028 (b)(c)(d)	Upstart		8/26/2025		3,400		3,400		253
L5873468, 15.83%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,413		1,413		1,356

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
L5873482, 13.56%, 08/26/2030 (b)(c)	Upstart		8/26/2025	$	4,294	$	4,294	$	3,982
L5873555, 19.05%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		3,466		3,466		256
L5873635, 21.12%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,177		1,177		87
L5873752, 23.57%, 08/26/2030 (b)(c)	Upstart		8/26/2025		7,963		7,987		7,980
L5873851, 22.15%, 11/26/2030 (b)(c)	Upstart		8/26/2025		12,704		12,704		12,137
L5873896, 17.69%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,220		2,220		2,191
L5874368, 19.45%, 08/26/2030 (b)(c)	Upstart		8/26/2025		1,517		1,517		1,538
L5874504, 24.99%, 08/26/2028 (b)(c)	Upstart		8/26/2025		1,980		1,980		1,964
L5874652, 21.68%, 08/26/2030 (b)(c)	Upstart		8/26/2025		4,042		4,042		3,943
L5874719, 18.88%, 08/26/2030 (b)(c)	Upstart		8/26/2025		9,802		9,802		9,179
L5874950, 21.03%, 08/26/2030 (b)(c)	Upstart		8/26/2025		10,266		10,266		9,921
L5874968, 18.39%, 08/26/2030 (b)(c)	Upstart		8/26/2025		34,398		34,398		34,313
L5875087, 22.82%, 08/26/2030 (b)(c)	Upstart		8/26/2025		2,477		2,477		2,358
L5875501, 23.56%, 08/26/2030 (b)(c)(d)	Upstart		8/26/2025		1,100		1,100		-
L5875891, 21.88%, 08/26/2030 (b)(c)	Upstart		8/26/2025		31,111		31,111		30,425
L5875907, 22.62%, 08/26/2030 (b)(c)	Upstart		8/26/2025		6,172		6,172		5,854
L5875995, 18.64%, 08/26/2030 (b)(c)	Upstart		8/26/2025		5,402		5,402		5,411
L5876220, 19.16%, 01/26/2031 (b)(c)	Upstart		8/26/2025		3,868		3,868		3,900
L5876229, 17.56%, 08/26/2030 (b)(c)	Upstart		8/26/2025		45,349		45,483		41,586
L5876292, 18.19%, 08/26/2030 (b)(c)	Upstart		8/26/2025		22,231		22,231		22,109
Total Consumer Loans							4,618,437		3,361,408
Small Business Loans - 14.7%
United States - 14.7%
9951446, 4.67%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		3,199		2,988		3,117
9947878, 4.67%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		271		253		267
10599088, 4.50%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		12,238		11,457		10,705
10941595, 5.73%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		6,411		5,897		5,990
10964990, 4.50%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		46,345		43,385		43,557
9922314, 5.40%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		16,923		15,639		15,780
9989688, 6.41%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		25		23		24
9853056, 5.09%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		3,873		3,595		3,583
9776804, 5.09%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		350		325		345
10605248, 4.93%, 09/14/2027 (b)(c)(f)	Square		3/18/2026		7,141		6,644		6,891
9962170, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		12,214		11,407		11,923
10380071, 4.50%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		8,360		7,826		8,070
10855805, 6.37%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		282		257		264
10232884, 4.49%, 06/21/2027 (b)(c)(f)	Square		12/24/2025		1,326		1,241		1,286
10490430, 4.56%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		297		278		289
10173837, 4.50%, 06/07/2027 (b)(c)(f)	Square		12/10/2025		3,446		3,226		3,259
9800160, 4.66%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		1,562		1,459		1,522
10420915, 6.39%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		1,485		1,353		1,311
10868619, 6.09%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		24,895		22,783		23,125
10176227, 6.09%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		1,055		965		961
9750218, 4.66%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		1,104		1,031		1,081
10350662, 6.10%, 07/20/2027 (b)(c)(f)	Square		1/22/2026		1,246		1,140		1,191
9826973, 4.66%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		3,552		3,317		3,430
10198259, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		3,614		3,383		3,517
10007102, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		10,007		9,368		9,842
10029670, 4.50%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		2,652		2,482		2,539
10260846, 4.93%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		6,955		6,471		6,376
10691252, 4.93%, 10/01/2027 (b)(c)(f)	Square		4/3/2026		6,519		6,065		6,158
10088122, 4.50%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		4,698		4,398		4,582
9831969, 6.41%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		2,893		2,635		2,001
10788844, 6.09%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		3,766		3,447		3,532
10569391, 5.24%, 09/06/2027 (b)(c)(f)	Square		3/10/2026		8,725		8,082		8,196

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10644574, 6.09%, 09/23/2027 (b)(c)(f)	Square		3/25/2026	$	3,242	$	2,966	$	3,023
9830280, 5.09%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		406		377		399
10153427, 4.50%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		5,725		5,360		5,479
10036696, 4.50%, 05/06/2027 (b)(c)(f)	Square		11/10/2025		43,431		40,657		22,613
10311475, 5.48%, 07/10/2027 (b)(c)(f)	Square		1/14/2026		1,265		1,168		1,237
10080272, 4.50%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		3,621		3,390		3,501
9742287, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		6,291		5,876		4,962
10401637, 4.50%, 08/01/2027 (b)(c)(f)	Square		2/4/2026		14,956		14,000		14,481
11037544, 4.50%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		3,735		3,497		3,502
10153240, 5.48%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		4,539		4,190		3,901
10889316, 6.39%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		4,863		4,432		4,559
9882614, 6.56%, 04/02/2027 (b)(c)(d)(f)	Square		10/6/2025		9,713		8,830		183
10450789, 4.50%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		30,418		28,475		29,314
10855344, 6.24%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		1,604		1,465		1,525
10783155, 4.50%, 10/19/2027 (b)(c)(f)	Square		4/22/2026		8,167		7,645		7,756
10864715, 4.50%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		7,252		6,789		6,867
10040163, 4.50%, 05/06/2027 (b)(c)(f)	Square		11/10/2025		12,579		11,775		12,178
10238111, 6.09%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		5,485		5,020		4,866
9853998, 6.25%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		965		881		876
10236327, 6.40%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		6,894		6,282		3,813
9857638, 6.25%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		1,348		1,231		1,288
11055349, 5.24%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		3,763		3,486		3,491
9786625, 5.64%, 03/11/2027 (b)(c)(f)	Square		9/15/2025		3,919		3,609		3,784
9976099, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		16,716		15,611		16,325
10050204, 4.50%, 05/08/2027 (b)(c)(f)	Square		11/13/2025		1,864		1,745		1,830
10649526, 4.50%, 09/24/2027 (b)(c)(f)	Square		3/26/2026		36,821		34,469		34,769
10195140, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		7,676		7,186		7,423
11098511, 4.50%, 12/21/2027 (b)(c)(f)	Square		6/24/2026		8,409		7,872		7,875
9951676, 5.89%, 04/18/2027 (b)(c)(d)(f)	Square		10/22/2025		28,935		26,554		574
9732078, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		9,568		8,936		9,252
10357052, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,939		1,815		1,863
9875140, 4.66%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		5,038		4,705		4,716
10429910, 6.39%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		4,808		4,381		4,324
10983231, 5.73%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		6,657		6,124		6,262
10598880, 4.93%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		1,499		1,395		1,461
10121517, 4.50%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		7,395		6,923		7,205
11005679, 5.49%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		896		827		830
10496521, 4.51%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		2,962		2,773		2,846
10844808, 6.39%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		7,762		7,073		7,170
9979314, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		17,914		16,730		17,477
11094731, 6.42%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		1,305		1,189		1,186
10337925, 6.09%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		2,241		2,051		2,166
9929675, 5.64%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		3,195		2,942		3,052
9852666, 5.40%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		16,611		15,351		3,775
11086887, 6.39%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		1,651		1,505		1,503
10904935, 6.39%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		370		337		351
10354566, 4.93%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,264		1,176		1,228
10108885, 6.37%, 05/22/2027 (b)(c)(f)	Square		11/26/2025		226		206		218
10324110, 4.50%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		4,086		3,825		3,970
10968659, 6.40%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		1,667		1,519		1,594
9801786, 4.67%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		2,091		1,953		2,039
10645194, 4.50%, 09/23/2027 (b)(c)(f)	Square		3/25/2026		38,939		36,451		37,431
10585763, 6.39%, 09/10/2027 (b)(c)(f)	Square		3/13/2026		10,969		9,996		10,242
10334202, 5.72%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		15,369		14,138		14,707
10252801, 4.50%, 06/26/2027 (b)(c)(f)	Square		12/30/2025		2,375		2,223		2,302

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10870596, 5.23%, 11/06/2027 (b)(c)(f)	Square		5/8/2026	$	2,659	$	2,463	$	2,475
11084771, 5.23%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		12,942		11,988		11,998
10077781, 5.26%, 05/16/2027 (b)(c)(f)	Square		11/19/2025		426		394		374
9850491, 5.09%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		1,242		1,153		1,196
10385079, 4.50%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		3,229		3,023		3,122
10377235, 5.28%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		188		174		181
9803762, 6.19%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		428		391		386
10423278, 4.51%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		1,716		1,606		1,642
10477151, 4.50%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		13,738		12,860		13,167
10344237, 4.92%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		2,344		2,182		2,150
10853894, 5.48%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		2,673		2,467		2,519
9736918, 4.67%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		583		545		569
10746508, 5.26%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		1,335		1,237		1,292
11090589, 6.08%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		2,479		2,269		2,269
9846602, 6.56%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		1,230		1,118		920
10215714, 4.50%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		5,822		5,450		5,012
10311196, 6.38%, 07/10/2027 (b)(c)(f)	Square		1/14/2026		633		577		612
10172001, 6.10%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		2,107		1,928		1,268
9874709, 4.67%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		1,528		1,427		1,186
10203630, 4.50%, 06/13/2027 (b)(c)(f)	Square		12/17/2025		1,336		1,250		1,312
10375246, 6.07%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		984		901		618
10421740, 5.23%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		3,599		3,334		2,750
9762162, 4.67%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		2,735		2,554		2,547
10061517, 4.49%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		1,840		1,723		1,797
10972496, 5.27%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		6,584		6,096		5,316
10202843, 4.50%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		4,693		4,393		4,520
10580331, 4.49%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		4,140		3,876		3,634
10362268, 5.72%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		24,713		22,734		23,661
10108793, 4.50%, 05/22/2027 (b)(c)(f)	Square		11/26/2025		1,884		1,763		1,822
10981003, 5.48%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		8,263		7,627		7,788
9822897, 6.58%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		272		247		263
10291301, 6.08%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		484		443		470
10533260, 5.24%, 09/01/2027 (b)(c)(f)	Square		3/4/2026		8,785		8,138		8,350
9831107, 6.55%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		350		319		326
9963874, 4.67%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		3,118		2,912		3,018
10120250, 4.50%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		2,212		2,071		2,162
10746866, 4.50%, 10/11/2027 (b)(c)(f)	Square		4/15/2026		10,071		9,428		9,576
9803339, 6.56%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		1,522		1,384		254
10410685, 4.50%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		2,739		2,564		2,412
10664034, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		4,028		3,770		3,821
10601943, 4.49%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		1,818		1,702		1,731
9844404, 5.38%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		478		442		461
10053752, 4.50%, 05/10/2027 (b)(c)(f)	Square		11/13/2025		3,397		3,180		2,931
9896936, 6.56%, 04/06/2027 (b)(c)(f)	Square		10/8/2025		863		784		842
10123090, 6.39%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		2,900		2,642		2,652
10400656, 6.37%, 07/31/2027 (b)(c)(f)	Square		2/4/2026		513		468		472
9856784, 6.56%, 03/28/2027 (b)(c)(d)(f)	Square		10/1/2025		639		580		254
9776828, 5.89%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		17,990		16,510		12,885
10502880, 6.09%, 08/23/2027 (b)(c)(f)	Square		2/25/2026		12,912		11,817		11,691
10413186, 6.04%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		737		675		365
11074805, 6.24%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		4,530		4,137		4,125
10895860, 6.02%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		2,912		2,667		2,763
11113410, 4.50%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		16,173		15,139		15,141
9869995, 6.56%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		956		869		870
10437657, 4.50%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		3,768		3,527		3,602

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10122538, 5.23%, 05/25/2027 (b)(c)(f)	Square		11/28/2025	$	1,977	$	1,831	$	1,408
9775594, 5.44%, 03/09/2027 (b)(c)(d)(f)	Square		9/11/2025		1,132		1,046		13
11070068, 5.26%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		2,407		2,229		2,216
10323632, 4.92%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		2,402		2,235		2,345
10991493, 4.49%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		2,173		2,034		2,047
10597795, 5.25%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		1,188		1,100		1,161
10792747, 6.09%, 10/21/2027 (b)(c)(f)	Square		4/23/2026		56,052		51,296		44,281
9795588, 5.40%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		2,037		1,883		1,811
10091522, 4.50%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		669		626		655
10149677, 5.72%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		5,736		5,277		5,566
9854059, 5.89%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		7,074		6,495		6,520
11066142, 5.23%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		70,156		64,988		64,989
10637575, 4.50%, 09/21/2027 (b)(c)(f)	Square		3/25/2026		6,840		6,403		6,559
11031895, 5.26%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		1,322		1,224		1,220
10085898, 6.03%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		1,641		1,503		1,327
10104932, 4.50%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		12,433		11,639		12,103
10621986, 6.09%, 09/18/2027 (b)(c)(f)	Square		3/20/2026		13,831		12,657		12,527
10172277, 4.93%, 06/06/2027 (b)(c)(f)	Square		12/10/2025		1,846		1,718		1,792
10365971, 4.50%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		11,169		10,456		10,958
10672811, 5.48%, 09/29/2027 (b)(c)(f)	Square		4/1/2026		7,027		6,487		6,643
10471819, 4.92%, 08/16/2027 (b)(c)(f)	Square		2/19/2026		3,221		2,997		3,116
10344003, 6.39%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		707		645		543
9961128, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		16,110		15,045		15,223
9747089, 4.66%, 03/02/2027 (b)(c)(f)	Square		9/4/2025		2,631		2,457		2,593
10361948, 6.00%, 07/22/2027 (b)(c)(d)(f)	Square		1/26/2026		1,075		985		25
10465925, 6.09%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		1,748		1,600		1,698
9926990, 6.41%, 04/13/2027 (b)(c)(d)(f)	Square		10/16/2025		49,589		45,177		440
9815450, 6.41%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		860		783		542
9814033, 6.57%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		770		700		742
10583339, 5.48%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		1,615		1,491		1,571
10469664, 4.93%, 08/14/2027 (b)(c)(f)	Square		2/19/2026		11,984		11,150		11,247
9930920, 5.09%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		18,950		17,589		16,832
10598428, 6.39%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		6,418		5,848		5,228
10219479, 4.51%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		1,061		993		1,034
9790021, 6.27%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		689		629		621
10458125, 4.51%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		2,237		2,093		2,162
10027890, 4.51%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		1,942		1,818		1,875
10292993, 4.50%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		1,313		1,229		1,274
11115884, 4.93%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		14,404		13,401		13,399
10888585, 6.09%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		8,586		7,857		7,857
9804144, 5.88%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		229		210		221
11044518, 4.50%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		9,430		8,828		8,844
10343136, 6.40%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		794		723		765
10695877, 4.49%, 10/02/2027 (b)(c)(f)	Square		4/6/2026		5,112		4,786		4,858
10934534, 4.50%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		20,815		19,485		19,557
10083793, 4.93%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		2,751		2,559		2,635
10686294, 6.39%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		1,157		1,054		1,078
10374083, 4.50%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		7,365		6,895		7,141
10967151, 4.50%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		6,588		6,167		6,245
10165646, 4.50%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		2,705		2,532		2,613
10101215, 4.93%, 05/20/2027 (b)(c)(f)	Square		11/24/2025		13,111		12,198		12,554
10381316, 6.09%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		15,877		14,530		15,064
10963803, 5.27%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		1,546		1,432		1,513
10090887, 4.50%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		21,701		20,314		9,183
9916378, 6.55%, 04/09/2027 (b)(c)(d)(f)	Square		10/14/2025		1,187		1,079		14

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10631138, 4.50%, 09/19/2027 (b)(c)(f)	Square		3/23/2026	$	36,065	$	33,761	$	34,379
10045681, 6.23%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		518		474		373
9941284, 5.89%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		989		907		957
10618785, 4.93%, 09/18/2027 (b)(c)(f)	Square		3/20/2026		33,367		31,044		30,410
9968752, 5.09%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		6,002		5,571		5,790
10760446, 4.51%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		3,462		3,240		3,271
10170818, 4.50%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		1,357		1,271		1,338
10493076, 6.09%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		2,451		2,243		2,216
9838395, 4.67%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		3,567		3,331		3,346
10074153, 6.24%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		1,885		1,721		1,145
10215559, 6.25%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		198		181		191
10959265, 6.09%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		2,938		2,689		2,747
10514577, 4.50%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		3,352		3,138		3,237
10089539, 4.49%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		2,452		2,295		2,383
11115119, 6.03%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		5,750		5,266		5,255
10852040, 4.49%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		3,853		3,607		3,651
10523586, 6.07%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		954		873		879
9867695, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		1,799		1,680		1,736
10630949, 5.72%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		1,158		1,065		1,126
10939142, 4.50%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		1,721		1,611		1,631
9885353, 4.67%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		1,613		1,506		1,576
10491088, 5.72%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		13,576		12,489		13,260
10171877, 4.49%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		1,565		1,465		1,530
10461405, 6.37%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		333		303		322
11090345, 4.50%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		8,596		8,047		8,051
10158534, 5.48%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		5,853		5,403		5,559
10004295, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		216		202		214
10912281, 4.92%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		4,167		3,877		3,906
10154144, 4.50%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		5,242		4,907		5,053
10305933, 4.93%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		4,563		4,245		4,368
10032355, 4.93%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		25,765		23,972		24,730
10936235, 6.09%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		27,769		25,413		25,948
10900953, 4.50%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		9,038		8,461		8,550
9986447, 4.67%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		3,094		2,890		2,998
10899961, 4.50%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		9,471		8,866		8,953
10024375, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		882		825		861
11106033, 6.39%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		5,102		4,649		4,648
10318844, 4.49%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		1,427		1,336		1,389
10209284, 4.93%, 06/15/2027 (b)(c)(f)	Square		12/17/2025		19,895		18,510		18,858
9958190, 5.89%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		5,672		5,206		5,499
10909799, 4.50%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		78,096		73,107		73,808
9738948, 6.42%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		331		301		296
10855104, 6.25%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		6,399		5,843		5,757
10206975, 4.50%, 06/15/2027 (b)(c)(f)	Square		12/17/2025		3,834		3,589		3,721
9936323, 4.67%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		2,033		1,898		1,984
10207812, 5.24%, 06/15/2027 (b)(c)(f)	Square		12/17/2025		5,601		5,189		5,355
10047881, 4.50%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		6,098		5,708		5,879
10444831, 4.50%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		1,834		1,717		1,774
10905308, 5.72%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		2,634		2,423		2,459
10132982, 6.39%, 05/27/2027 (b)(c)(d)(f)	Square		12/2/2025		967		881		507
10711281, 4.92%, 10/06/2027 (b)(c)(f)	Square		4/8/2026		3,937		3,663		3,716
10664358, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		3,419		3,201		3,264
10063106, 6.40%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		622		566		597
10957563, 4.93%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		8,015		7,456		7,216
10310406, 5.26%, 07/09/2027 (b)(c)(f)	Square		1/13/2026		5,040		4,667		4,064
10937568, 4.93%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		9,818		9,135		8,803

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10073433, 4.50%, 05/14/2027 (b)(c)(f)	Square		11/18/2025	$	4,352	$	4,075	$	4,132
10959064, 6.39%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		2,494		2,273		2,348
9800906, 5.09%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		6,830		6,339		4,731
9850661, 5.09%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		22,804		21,166		19,639
11053457, 4.50%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		47,329		44,306		44,346
10379540, 5.72%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		1,665		1,532		1,622
10844692, 6.40%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		1,078		983		1,014
11008332, 4.50%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		10,924		10,227		10,250
9735963, 6.56%, 02/28/2027 (b)(c)(d)(f)	Square		9/2/2025		15,882		14,438		125
10898078, 5.26%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		3,655		3,385		3,500
9813243, 6.20%, 03/18/2027 (b)(c)(d)(f)	Square		9/22/2025		2,167		1,980		369
9781197, 4.66%, 03/10/2027 (b)(c)(f)	Square		9/12/2025		3,796		3,545		3,663
10448058, 4.50%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		30,933		28,957		29,026
9918895, 5.64%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		17,481		16,099		17,067
10369465, 5.72%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		1,039		956		953
11035093, 4.50%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		12,374		11,583		11,605
10146738, 4.50%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		1,860		1,741		1,818
10484657, 4.50%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		2,652		2,483		2,532
10417296, 4.51%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		760		711		735
10893676, 4.49%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		5,372		5,029		5,086
10470392, 4.50%, 08/14/2027 (b)(c)(f)	Square		2/19/2026		15,357		14,376		15,012
11095142, 5.23%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		7,011		6,495		6,497
10447057, 4.92%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		1,779		1,656		1,626
10853743, 4.93%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		3,524		3,279		3,090
10427194, 4.50%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		8,364		7,830		8,207
10318251, 4.51%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		1,650		1,544		1,609
10045206, 5.28%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		212		196		185
10909288, 5.72%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		9,218		8,479		8,635
10831799, 4.51%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		2,538		2,376		2,402
10202323, 4.49%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		2,356		2,206		2,277
11043273, 5.22%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		2,411		2,233		2,236
10231782, 4.50%, 06/20/2027 (b)(c)(f)	Square		12/24/2025		7,995		7,484		7,642
10428694, 4.50%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		4,445		4,161		4,335
10780066, 5.27%, 10/17/2027 (b)(c)(f)	Square		4/21/2026		8,562		7,927		5,363
10905154, 6.40%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		2,564		2,336		2,397
10319126, 4.50%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		39,352		36,839		34,500
10958884, 6.24%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		6,241		5,699		5,845
9837096, 4.66%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		32,909		30,735		31,587
10904949, 5.26%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		2,787		2,581		2,648
9767108, 5.09%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		1,423		1,320		1,299
9779985, 5.09%, 03/10/2027 (b)(c)(f)	Square		9/12/2025		114		106		114
9809515, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		1,211		1,131		1,139
10211110, 4.50%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		6,020		5,636		5,661
10146233, 4.92%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		1,478		1,375		1,403
9765286, 5.09%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		3,115		2,891		3,048
10375942, 4.50%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		3,047		2,853		2,638
10942966, 6.41%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		2,143		1,953		2,008
9838522, 5.65%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		859		791		828
11111784, 6.03%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		6,949		6,365		6,350
9978102, 5.09%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		1,973		1,832		1,784
10369076, 4.50%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		7,175		6,716		6,830
10408590, 6.10%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		1,323		1,211		1,269
10006210, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		20,157		18,869		19,114
10112459, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		1,000		936		980
9855929, 5.10%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		1,743		1,617		1,680

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10393957, 4.50%, 07/29/2027 (b)(c)(f)	Square		2/2/2026	$	8,598	$	8,048	$	8,415
9995276, 4.67%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		1,652		1,543		1,591
10316461, 4.50%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		5,041		4,719		4,881
9903542, 6.57%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		430		391		419
10377042, 5.72%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		2,493		2,293		2,388
10514741, 6.09%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		14,521		13,289		13,903
10249395, 4.50%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		5,281		4,944		4,533
9965828, 5.89%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		3,710		3,408		3,552
11107650, 6.39%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		6,749		6,150		6,145
11114805, 5.72%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		12,885		11,854		11,851
10700770, 5.23%, 10/03/2027 (b)(c)(f)	Square		4/7/2026		17,583		16,288		16,203
10162528, 4.50%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		2,907		2,722		2,817
10782035, 5.23%, 10/18/2027 (b)(c)(f)	Square		4/22/2026		8,059		7,465		7,617
9982962, 6.25%, 04/26/2027 (b)(c)(f)	Square		10/29/2025		12		11		11
9824486, 5.39%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		2,721		2,515		1,653
9826203, 5.40%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		2,624		2,425		2,581
9904296, 4.66%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		6,214		5,804		5,859
10916068, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		5,377		5,033		5,050
9930435, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		2,802		2,617		2,728
9825303, 5.09%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		11,577		10,746		11,174
10667213, 4.50%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		4,485		4,199		4,285
11050224, 6.09%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		6,606		6,045		6,037
10041294, 4.93%, 05/06/2027 (b)(c)(f)	Square		11/10/2025		13,546		12,603		13,226
11074213, 4.50%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		14,192		13,285		13,301
11107970, 5.26%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		21,677		20,071		20,033
10723965, 4.50%, 10/08/2027 (b)(c)(f)	Square		4/10/2026		13,709		12,833		12,968
10579887, 6.09%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		2,052		1,878		1,858
10495107, 6.39%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		2,305		2,100		1,883
9869142, 6.56%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		1,676		1,524		1,194
10479863, 6.11%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		809		740		775
9738674, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		656		613		650
11071421, 4.50%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		12,047		11,277		11,291
10973781, 6.24%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		3,819		3,487		3,585
9975482, 5.40%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		2,457		2,270		507
11066056, 5.26%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		1,344		1,244		1,242
10227855, 5.72%, 06/19/2027 (b)(c)(f)	Square		12/23/2025		7,051		6,487		6,798
10825109, 6.24%, 10/27/2027 (b)(c)(f)	Square		4/29/2026		24,273		22,166		22,622
10356530, 4.93%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,504		1,399		1,376
9978039, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		1,147		1,071		1,110
10219851, 4.50%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		2,155		2,017		2,081
11103233, 6.24%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		4,144		3,784		3,775
10941118, 5.48%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		10,267		9,477		9,660
10985104, 5.48%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		2,917		2,693		2,745
9945710, 6.56%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		1,221		1,110		843
9776739, 4.66%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		2,732		2,551		2,220
10343811, 5.48%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		4,719		4,356		4,545
11021623, 6.39%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		5,110		4,657		4,669
9875895, 4.66%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		16,320		15,242		13,202
10027952, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		6,499		6,084		6,325
10194913, 4.92%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		2,170		2,019		2,043
9822238, 6.26%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		7,858		7,175		7,074
9942053, 6.26%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		12,998		11,867		11,423
10835411, 5.26%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		2,498		2,313		2,226
10412953, 5.24%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		3,438		3,184		3,322
10540597, 5.23%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		1,569		1,453		1,453

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10084414, 4.50%, 05/18/2027 (b)(c)(f)	Square		11/20/2025	$	2,164	$	2,026	$	2,101
10740777, 6.08%, 10/09/2027 (b)(c)(f)	Square		4/13/2026		819		749		779
9738965, 5.40%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		1,976		1,826		1,813
10892468, 5.48%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		9,451		8,724		8,897
10460157, 4.50%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		1,921		1,798		1,887
10478324, 6.39%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		2,519		2,295		2,440
9951416, 5.65%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		1,438		1,324		1,400
9766886, 5.10%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		777		721		761
10459603, 4.49%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		2,615		2,448		2,482
10150741, 5.48%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		5,058		4,669		3,447
10967833, 5.23%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		4,601		4,262		4,337
10952974, 6.39%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		1,331		1,213		1,242
9902962, 4.67%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		1,082		1,011		1,064
10446020, 4.50%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		8,201		7,677		7,926
9932214, 4.67%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		5,608		5,238		5,438
9889976, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		1,142		1,066		1,126
10155041, 5.47%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		2,458		2,270		2,088
9949050, 5.10%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		667		619		633
10633266, 4.51%, 09/20/2027 (b)(c)(f)	Square		3/24/2026		2,939		2,751		2,809
9812869, 5.64%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		1,341		1,235		1,026
10594598, 4.50%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		12,199		11,420		11,697
10978011, 4.50%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		5,094		4,768		4,811
10180420, 4.50%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		954		894		936
10664668, 6.24%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		849		776		772
10213473, 4.49%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		1,514		1,417		1,425
10413384, 5.26%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		396		367		366
10399237, 6.39%, 07/30/2027 (b)(c)(f)	Square		2/3/2026		6,782		6,180		6,041
9982015, 4.66%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		12,759		11,916		12,244
11108569, 6.09%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		19,206		17,577		17,565
10522887, 4.50%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		6,921		6,479		6,623
10920836, 4.92%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		1,890		1,759		1,785
10175170, 5.47%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		6,412		5,919		4,274
9992387, 6.26%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		34,250		31,270		32,643
10499839, 5.24%, 08/21/2027 (b)(c)(f)	Square		2/25/2026		2,342		2,169		2,172
10470266, 5.23%, 08/14/2027 (b)(c)(f)	Square		2/19/2026		665		616		60
10697808, 5.72%, 10/02/2027 (b)(c)(f)	Square		4/6/2026		50,936		46,856		29,408
9991238, 6.57%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		704		640		564
9830706, 5.09%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		3,339		3,099		3,235
10490298, 4.50%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		2,549		2,386		2,421
10365889, 6.40%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		2,312		2,107		1,933
9793512, 6.56%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		600		546		540
9751602, 4.66%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		12,498		11,672		12,228
11075350, 4.50%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		5,337		4,996		5,000
10291772, 4.50%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		12,659		11,850		12,141
10943520, 4.50%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		8,073		7,558		7,638
10987753, 6.24%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		53,369		48,736		48,980
9832046, 6.56%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		23,909		21,736		11,059
10787801, 4.50%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		4,257		3,985		4,046
10147067, 4.50%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		2,305		2,158		2,253
10506199, 4.49%, 08/23/2027 (b)(c)(f)	Square		2/25/2026		1,695		1,587		1,631
10920663, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		5,856		5,482		5,536
10721553, 4.50%, 10/07/2027 (b)(c)(f)	Square		4/9/2026		2,877		2,693		2,732
10466288, 4.93%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		6,449		6,000		6,093
10695635, 6.40%, 10/02/2027 (b)(c)(f)	Square		4/6/2026		1,603		1,460		1,392
11035848, 6.37%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		908		828		824

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10213198, 5.71%, 06/16/2027 (b)(c)(f)	Square		12/18/2025	$	923	$	849	$	827
10217681, 4.50%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		20,161		18,873		19,013
10923509, 5.72%, 11/15/2027 (b)(c)(f)	Square		5/19/2026		31,739		29,197		29,460
10150933, 4.50%, 06/02/2027 (b)(c)(d)(f)	Square		12/4/2025		8,042		7,528		158
11084681, 4.49%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		3,870		3,623		3,626
9926349, 6.54%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		822		748		633
10481386, 6.39%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		5,105		4,652		4,941
10943206, 6.24%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		4,786		4,371		4,533
10229125, 4.50%, 06/19/2027 (b)(c)(f)	Square		12/23/2025		19,924		18,651		19,050
10127064, 4.50%, 05/26/2027 (b)(c)(f)	Square		12/1/2025		3,211		3,005		3,136
9867906, 6.56%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		550		500		530
10421379, 4.93%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		1,291		1,201		1,233
10211688, 5.48%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		2,255		2,082		2,061
10337668, 5.24%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		1,884		1,745		489
9998709, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		3,226		3,013		3,152
9964977, 6.56%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		901		819		795
9983011, 5.89%, 04/26/2027 (b)(c)(f)	Square		10/29/2025		259		237		253
9924511, 6.55%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		538		489		504
10507352, 4.94%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		2,397		2,230		2,242
11000379, 4.50%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		5,636		5,276		5,282
10341287, 5.47%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		1,331		1,229		1,283
9737379, 5.64%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		3,005		2,767		2,477
10500252, 5.47%, 08/21/2027 (b)(c)(f)	Square		2/25/2026		1,242		1,147		1,175
10479921, 6.09%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		2,707		2,478		2,536
10720663, 6.40%, 10/07/2027 (b)(c)(f)	Square		4/9/2026		3,993		3,638		3,749
10954217, 4.50%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		11,031		10,326		10,360
10375601, 5.23%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		1,525		1,413		1,451
10610558, 4.50%, 09/16/2027 (b)(c)(f)	Square		3/18/2026		10,001		9,362		8,835
9797155, 5.89%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		14,789		13,573		13,832
9830167, 4.67%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		954		891		940
9772280, 6.56%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		1,631		1,483		1,551
9952250, 6.56%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		4,017		3,651		627
10394669, 4.50%, 07/30/2027 (b)(c)(f)	Square		2/3/2026		3,752		3,513		3,636
9959629, 6.26%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		1,491		1,361		1,462
10665535, 4.50%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		6,493		6,079		6,255
10679400, 4.50%, 09/30/2027 (b)(c)(f)	Square		4/1/2026		5,469		5,119		5,145
9952285, 6.55%, 04/19/2027 (b)(c)(f)	Square		10/22/2025		898		816		764
10844354, 5.73%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		5,590		5,142		5,215
10980913, 6.10%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		2,584		2,365		2,395
10653024, 4.50%, 09/25/2027 (b)(c)(f)	Square		3/27/2026		5,864		5,489		5,617
11005753, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		8,384		7,848		7,867
10835118, 6.39%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		7,975		7,267		7,441
10538476, 5.73%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		2,765		2,543		2,692
10889266, 6.26%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		1,178		1,076		1,104
10932398, 5.29%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		619		573		595
10932417, 5.25%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		1,616		1,496		1,532
11055886, 5.26%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		4,374		4,050		4,005
9767565, 4.66%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		3,713		3,468		3,609
10053653, 6.08%, 05/10/2027 (b)(c)(d)(f)	Square		11/13/2025		2,378		2,177		46
9777241, 5.89%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		2,789		2,560		2,219
9778237, 6.56%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		11,020		10,018		1,971
10413461, 6.42%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		789		719		703
9833256, 5.64%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		1,635		1,506		1,555
11061513, 4.50%, 12/13/2027 (b)(c)(f)	Square		6/17/2026		3,523		3,298		3,302
9800282, 6.56%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		1,702		1,548		1,582

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11106120, 4.51%, 12/23/2027 (b)(c)(f)	Square		6/25/2026	$	3,909	$	3,658	$	3,659
10069244, 4.50%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		12,640		11,832		12,282
10871476, 5.23%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		61,438		56,911		57,571
10825944, 6.39%, 10/28/2027 (b)(c)(f)	Square		4/30/2026		5,054		4,605		4,574
9831442, 5.65%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		5,321		4,900		2,730
10030580, 4.93%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		2,456		2,285		2,407
10213310, 4.50%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		3,021		2,828		2,616
11028925, 5.49%, 12/07/2027 (b)(c)(f)	Square		6/10/2026		1,719		1,586		1,586
9743266, 6.57%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		1,228		1,116		220
9762704, 6.56%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		1,805		1,641		1,713
9825683, 4.66%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		7,777		7,263		7,611
10919319, 5.72%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		17,377		15,985		16,272
11000250, 5.47%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		2,389		2,206		2,203
10753816, 4.50%, 10/13/2027 (b)(c)(f)	Square		4/15/2026		42,888		40,148		40,613
9986581, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		6,141		5,736		5,966
10932515, 5.26%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		14,798		13,702		14,084
10211917, 5.73%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		1,070		984		970
10391967, 4.50%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		4,346		4,068		3,789
11098789, 4.50%, 12/21/2027 (b)(c)(f)	Square		6/24/2026		3,317		3,105		3,106
10570021, 4.50%, 09/06/2027 (b)(c)(f)	Square		3/10/2026		8,124		7,605		7,770
9867789, 5.09%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		2,670		2,478		2,464
9977998, 6.25%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		368		336		360
10327535, 5.24%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		15,849		14,681		14,258
10172495, 4.50%, 06/06/2027 (b)(c)(f)	Square		12/10/2025		3,038		2,844		2,950
10521178, 5.72%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		2,004		1,844		1,966
10534506, 6.09%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		5,447		4,985		5,218
9776568, 4.67%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		2,660		2,484		2,495
11033235, 5.48%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		11,869		10,956		10,964
10977714, 4.93%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		10,124		9,419		9,571
9815988, 5.09%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		1,343		1,247		1,266
10077996, 5.22%, 05/16/2027 (b)(c)(d)(f)	Square		11/19/2025		1,692		1,568		18
10114837, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		9,310		8,715		8,034
10346608, 4.50%, 07/19/2027 (b)(c)(f)	Square		1/22/2026		556		521		539
10460498, 4.50%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		2,480		2,322		2,433
9821735, 5.41%, 03/20/2027 (b)(c)(f)	Square		9/24/2025		1,154		1,066		194
9945011, 4.66%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		3,904		3,646		3,767
10960638, 6.03%, 11/25/2027 (b)(c)(f)	Square		5/28/2026		2,696		2,469		2,556
10394570, 4.51%, 07/30/2027 (b)(c)(f)	Square		2/3/2026		1,261		1,180		1,228
10101852, 4.50%, 05/20/2027 (b)(c)(f)	Square		11/24/2025		33,725		31,571		31,878
10512463, 6.09%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		4,553		4,167		4,362
10147316, 4.50%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		4,314		4,039		4,132
9923795, 4.67%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		1,388		1,296		1,355
10309078, 4.50%, 07/09/2027 (b)(c)(f)	Square		1/13/2026		36,134		33,826		31,488
9800041, 4.66%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		2,328		2,174		2,283
10917211, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		9,013		8,437		8,505
10761106, 4.50%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		8,968		8,395		8,473
10014918, 4.50%, 05/02/2027 (b)(c)(f)	Square		11/5/2025		6,340		5,935		6,015
10311151, 4.50%, 07/09/2027 (b)(c)(f)	Square		1/13/2026		5,494		5,143		5,262
10292547, 4.50%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		9,374		8,775		9,040
10757911, 6.09%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		1,221		1,117		1,160
10172988, 4.50%, 06/06/2027 (b)(c)(f)	Square		12/10/2025		4,614		4,320		4,439
11005727, 6.27%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		428		390		383
10916481, 4.93%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		3,745		3,484		3,536
10230278, 5.48%, 06/19/2027 (b)(c)(f)	Square		12/23/2025		36,091		33,316		25,985
10097575, 5.27%, 05/20/2027 (b)(c)(d)(f)	Square		11/24/2025		9,169		8,490		1,358

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10197448, 4.93%, 06/11/2027 (b)(c)(f)	Square		12/15/2025	$	1,661	$	1,545	$	283
10345272, 4.50%, 07/18/2027 (b)(c)(f)	Square		1/22/2026		21,925		20,524		21,182
10612380, 5.23%, 09/16/2027 (b)(c)(f)	Square		3/18/2026		23,659		21,916		22,181
9743011, 5.40%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		6,227		5,756		5,433
9975335, 6.56%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		1,212		1,101		1,165
9771492, 6.56%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		42,637		38,760		21,781
9741197, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		4,435		4,142		4,305
9985320, 6.19%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		597		547		342
10012568, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		2,498		2,338		2,445
10901464, 5.25%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		2,073		1,920		1,945
10029974, 4.50%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		8,572		8,025		8,375
9789388, 6.41%, 03/11/2027 (b)(c)(d)(f)	Square		9/15/2025		3,245		2,956		443
11058624, 4.50%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		17,452		16,337		16,358
9978248, 5.43%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		4,098		3,785		2,655
10112088, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		3,773		3,532		3,610
9976948, 4.67%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		4,581		4,278		4,342
10166928, 6.39%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		765		697		526
11046350, 6.40%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		6,684		6,090		6,083
10959653, 4.50%, 11/24/2027 (b)(c)(f)	Square		5/28/2026		18,829		17,626		17,785
9891319, 5.64%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		8,931		8,225		8,650
11037748, 6.40%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		6,942		6,325		6,317
10951548, 4.50%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		5,687		5,323		5,363
10346643, 4.50%, 07/19/2027 (b)(c)(f)	Square		1/22/2026		2,949		2,761		2,849
10578978, 5.47%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		2,966		2,738		2,832
11061825, 5.48%, 12/13/2027 (b)(c)(f)	Square		6/17/2026		31,730		29,290		29,282
10560674, 4.50%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		5,280		4,943		5,026
9934807, 5.09%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		5,255		4,877		5,159
10583539, 4.93%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		14,157		13,172		13,233
10606953, 4.50%, 09/15/2027 (b)(c)(f)	Square		3/18/2026		14,246		13,335		13,669
10983150, 5.26%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		1,651		1,528		1,572
10978184, 5.72%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		34,662		31,885		32,343
10555621, 6.39%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		3,490		3,181		3,193
10370425, 5.26%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		737		683		650
9744019, 5.09%, 03/01/2027 (b)(c)(f)	Square		9/4/2025		22,372		20,766		5,814
9770728, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		5,285		4,936		5,155
10338774, 5.48%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		2,042		1,885		1,971
10596652, 6.39%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		10,250		9,340		9,551
10507445, 4.93%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		1,971		1,833		1,892
9763375, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		2,384		2,226		2,346
10225239, 4.93%, 06/18/2027 (b)(c)(f)	Square		12/22/2025		21,782		20,266		20,886
10942060, 4.93%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		33,288		30,970		31,263
10939993, 6.39%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		6,403		5,834		6,095
9763116, 4.67%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		2,883		2,692		2,789
10155641, 5.48%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		3,698		3,413		3,594
9830095, 6.20%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		8		7		8
11050683, 6.09%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		11,755		10,758		10,759
10788297, 5.27%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		5,602		5,186		4,944
11082784, 4.50%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		49,814		46,631		46,663
10047223, 6.01%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		1,146		1,050		667
11122371, 6.38%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		1,632		1,488		1,487
10122321, 5.23%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		6,854		6,350		6,055
9826039, 6.57%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		1,826		1,659		1,079
10158387, 4.93%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		4,015		3,735		2,905
10222833, 4.50%, 06/18/2027 (b)(c)(f)	Square		12/22/2025		6,495		6,080		6,323
10481301, 4.95%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		1,046		973		960

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10377131, 4.50%, 07/27/2027 (b)(c)(f)	Square		1/29/2026	$	2,380	$	2,228	$	2,298
10109694, 4.92%, 05/23/2027 (b)(c)(f)	Square		11/26/2025		652		607		633
10484714, 6.24%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		2,778		2,537		2,555
10936089, 5.28%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		967		895		738
10323877, 4.50%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		1,412		1,322		1,351
10896398, 6.39%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		13,875		12,644		8,161
10365230, 4.93%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		5,543		5,157		5,253
9835575, 4.66%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		6,998		6,536		6,755
10005290, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		8,049		7,535		7,802
9843314, 4.66%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		1,260		1,177		1,229
10670620, 4.51%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		2,426		2,271		2,313
9946098, 6.26%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		3,547		3,238		2,543
10585108, 5.72%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		10,635		9,783		10,078
10439954, 6.25%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		233		213		227
10325880, 5.48%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		31,226		28,825		29,959
10556410, 4.50%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		15,196		14,226		14,502
10000144, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		2,167		2,024		2,055
10353958, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		5,720		5,354		5,501
10370622, 5.48%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		3,565		3,291		3,382
9931917, 6.56%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		4,981		4,529		4,789
10466697, 5.48%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		17,817		16,447		17,289
11006794, 6.39%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		1,156		1,054		1,058
9951515, 6.56%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		3,093		2,812		2,149
10155216, 4.50%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		3,433		3,214		3,253
10437866, 4.49%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		206		193		204
10490000, 4.50%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		3,877		3,629		3,719
9967846, 4.66%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		10,663		9,959		10,388
9983263, 4.66%, 04/26/2027 (b)(c)(f)	Square		10/29/2025		13,574		12,677		13,148
10997132, 6.10%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		3,635		3,326		3,326
10321168, 4.49%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		1,375		1,287		1,215
9733045, 5.09%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		13,749		12,761		12,349
9766196, 4.67%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		831		776		817
11055528, 4.50%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		8,369		7,834		7,843
10502015, 4.50%, 08/23/2027 (b)(c)(f)	Square		2/25/2026		8,404		7,867		8,136
10175673, 6.39%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		3,278		2,987		2,414
9794980, 5.09%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		1,318		1,223		1,285
11010488, 4.93%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		6,220		5,787		5,791
11040304, 4.50%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		12,630		11,823		11,847
9856792, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		14,748		13,773		11,372
10893301, 6.39%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		2,116		1,928		1,864
10549652, 4.50%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		8,907		8,338		8,474
11126366, 4.50%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		18,106		16,949		16,947
10805335, 6.25%, 10/22/2027 (b)(c)(f)	Square		4/27/2026		1,132		1,034		795
10924865, 4.50%, 11/15/2027 (b)(c)(f)	Square		5/19/2026		36,563		34,227		34,541
10937199, 4.50%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		11,901		11,140		10,982
10113022, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		5,609		5,251		5,377
10920895, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		10,110		9,464		9,539
9734024, 6.41%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		1,226		1,117		1,160
10739439, 4.50%, 10/09/2027 (b)(c)(f)	Square		4/13/2026		7,283		6,818		6,924
10369948, 6.03%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		2,638		2,416		297
9752564, 6.26%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		684		624		657
11125984, 6.39%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		16,594		15,121		15,117
9805742, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		3,799		3,548		3,754
10068928, 4.50%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		3,263		3,055		3,190
9929856, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		9,569		8,937		9,335

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11028967, 4.50%, 12/07/2027 (b)(c)(f)	Square		6/10/2026	$	8,029	$	7,516	$	7,523
10993109, 6.03%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		23,534		21,556		21,285
9825165, 4.66%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		2,169		2,026		2,039
10429125, 6.39%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		13,606		12,398		12,465
11000818, 6.24%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		1,410		1,288		1,288
10409767, 4.50%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		4,797		4,491		4,638
9974160, 4.67%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		2,607		2,435		2,544
10413403, 5.47%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		1,128		1,042		1,067
10237030, 4.50%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		1,994		1,867		1,882
10151718, 6.40%, 06/02/2027 (b)(c)(d)(f)	Square		12/4/2025		4,926		4,489		598
11098315, 6.40%, 12/21/2027 (b)(c)(f)	Square		6/24/2026		3,487		3,178		3,177
10892402, 6.10%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		2,130		1,949		1,751
10394947, 5.23%, 07/30/2027 (b)(c)(f)	Square		2/3/2026		43,494		40,289		41,781
11061620, 6.09%, 12/13/2027 (b)(c)(f)	Square		6/17/2026		3,077		2,816		2,818
10353681, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		6,491		6,076		6,281
9994393, 5.43%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		9,658		8,922		1,295
9763015, 6.41%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		1,128		1,030		754
10039713, 4.50%, 05/06/2027 (b)(c)(f)	Square		11/10/2025		4,194		3,926		4,053
10127347, 6.39%, 05/26/2027 (b)(c)(f)	Square		12/1/2025		6,091		5,550		5,742
9866449, 5.40%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		2,081		1,923		2,020
11069206, 4.50%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		5,532		5,179		5,185
11096231, 4.50%, 12/19/2027 (b)(c)(f)	Square		6/24/2026		2,240		2,097		2,098
9831558, 5.09%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		41,470		38,492		35,581
10106478, 6.39%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		5,661		5,159		3,735
10384659, 5.73%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		2,932		2,698		2,782
10537821, 4.50%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		5,069		4,745		4,876
10316723, 4.50%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		31,964		29,922		30,952
10108908, 6.39%, 05/22/2027 (b)(c)(d)(f)	Square		11/26/2025		14,899		13,576		7,023
11111650, 4.93%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		7,818		7,274		7,274
10854011, 5.48%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		3,319		3,063		2,829
10316208, 4.50%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		4,338		4,061		4,152
10955301, 4.50%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		16,658		15,594		15,759
10734928, 5.48%, 10/09/2027 (b)(c)(f)	Square		4/13/2026		3,207		2,960		2,941
9857405, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		3,199		2,988		3,130
10548770, 6.02%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		1,109		1,016		1,024
11124758, 6.38%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		2,086		1,901		1,901
10499744, 5.26%, 08/21/2027 (b)(c)(f)	Square		2/25/2026		652		604		630
9829258, 5.09%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		3,463		3,214		3,302
9816074, 4.66%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		3,218		3,006		3,181
10355660, 4.93%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		15,124		14,071		14,326
10086660, 4.50%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		3,041		2,847		2,982
11031998, 6.39%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		19,363		17,645		17,630
9757563, 4.67%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		3,259		3,044		3,183
10727623, 6.10%, 10/08/2027 (b)(c)(f)	Square		4/10/2026		2,589		2,369		2,454
10852247, 4.92%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		5,956		5,541		5,220
10168921, 4.50%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		3,604		3,374		3,489
10357156, 4.93%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,802		1,676		1,642
10183216, 5.48%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		19,447		17,951		18,847
10369362, 6.39%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		3,825		3,485		3,398
10817209, 4.50%, 10/25/2027 (b)(c)(f)	Square		4/29/2026		6,303		5,901		5,944
10555318, 5.48%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		2,427		2,241		2,351
10497736, 5.48%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		11,575		10,685		11,270
10985295, 4.50%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		35,150		32,904		33,163
10000093, 5.43%, 04/29/2027 (b)(c)(d)(f)	Square		10/31/2025		1,905		1,776		22
9950751, 5.65%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		8,389		7,725		8,163

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
9743494, 5.40%, 03/01/2027 (b)(c)(f)	Square		9/4/2025	$	2,755	$	2,552	$	2,402
9900156, 5.90%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		1,802		1,654		1,336
10195073, 4.93%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		1,090		1,014		1,035
9900061, 5.65%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		2,618		2,411		2,086
10549108, 4.93%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		3,464		3,222		3,318
10310857, 4.50%, 07/09/2027 (b)(c)(f)	Square		1/13/2026		6,956		6,512		6,671
10958744, 4.49%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		5,048		4,726		4,664
11059297, 5.25%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		2,228		2,064		2,054
9978919, 5.09%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		9,985		9,268		9,696
11091105, 4.50%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		10,693		10,009		10,016
10532852, 4.50%, 08/28/2027 (b)(c)(f)	Square		3/4/2026		3,197		2,992		3,059
10570674, 4.50%, 09/06/2027 (b)(c)(f)	Square		3/10/2026		27,812		26,035		26,936
10063830, 5.24%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		750		695		711
10901579, 6.09%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		13,801		12,630		12,337
9822222, 5.43%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		798		737		568
10758826, 4.50%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		8,719		8,162		8,254
10089933, 4.50%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		3,180		2,977		3,098
10956089, 5.24%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		21,469		19,887		20,021
10073667, 5.72%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		5,354		4,925		5,109
10606826, 6.39%, 09/15/2027 (b)(c)(f)	Square		3/18/2026		1,226		1,117		1,181
9891266, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		2,751		2,569		2,680
10493809, 5.24%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		8,074		7,478		7,302
9765106, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		746		697		734
10613628, 6.39%, 09/17/2027 (b)(c)(f)	Square		3/19/2026		5,476		4,991		5,221
10006145, 5.74%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		527		485		506
10197911, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		3,949		3,697		3,740
11027517, 4.50%, 12/06/2027 (b)(c)(f)	Square		6/10/2026		14,290		13,377		13,401
10757421, 4.51%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		1,919		1,796		1,824
11085438, 4.93%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		67,195		62,518		62,528
11094995, 5.47%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		3,823		3,529		3,530
10780683, 5.48%, 10/17/2027 (b)(c)(f)	Square		4/21/2026		30,613		28,259		28,913
9981546, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		2,195		2,050		2,118
10430977, 4.50%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		16,891		15,812		16,237
10490972, 4.50%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		1,958		1,833		1,885
11095849, 4.50%, 12/19/2027 (b)(c)(f)	Square		6/24/2026		22,358		20,930		20,940
11008775, 6.03%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		4,950		4,533		4,500
10501065, 4.93%, 08/22/2027 (b)(c)(f)	Square		2/25/2026		18,793		17,485		17,632
10939201, 6.39%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		5,485		4,998		5,217
10533026, 5.49%, 08/28/2027 (b)(c)(f)	Square		3/4/2026		1,292		1,193		1,243
10187708, 4.50%, 06/10/2027 (b)(c)(f)	Square		12/12/2025		5,096		4,771		4,980
9881992, 4.66%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		7,021		6,557		5,816
9800374, 5.43%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		5,528		5,107		2,845
11030109, 4.50%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		20,744		19,419		19,449
11065216, 5.24%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		7,722		7,152		7,157
10386085, 6.09%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		39,243		35,913		36,277
10861438, 6.40%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		3,553		3,238		3,319
10859831, 6.38%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		1,554		1,417		1,486
9772058, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		2,045		1,910		2,000
10815327, 4.93%, 10/24/2027 (b)(c)(f)	Square		4/28/2026		42,286		39,342		39,799
11094469, 5.72%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		1,513		1,392		1,393
10367603, 4.93%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		4,241		3,945		4,056
10614183, 5.48%, 09/17/2027 (b)(c)(f)	Square		3/19/2026		26,315		24,291		24,766
9752922, 4.67%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		674		629		651
10298226, 4.50%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		28,289		26,482		27,414
10259479, 4.93%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		9,101		8,467		8,576

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11016309, 6.39%, 12/04/2027 (b)(c)(f)	Square		6/8/2026	$	32,871	$	29,953	$	29,808
9763706, 5.09%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		5,657		5,251		4,795
10415032, 4.50%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		6,506		6,091		6,258
10916738, 5.23%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		2,768		2,564		2,575
10413212, 4.50%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		2,546		2,383		2,454
9986317, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		3,030		2,830		2,936
10304255, 6.24%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		712		650		657
10058483, 4.50%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		3,154		2,952		3,043
9978556, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		19,651		18,352		16,019
9951561, 4.66%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		3,615		3,376		3,502
11121162, 5.73%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		3,326		3,059		3,059
10884078, 4.93%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		8,113		7,549		7,619
10312325, 4.50%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		3,196		2,992		3,098
9827798, 4.66%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		9,344		8,727		8,767
9795798, 5.43%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		2,471		2,282		427
9884571, 4.66%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		23,461		21,911		21,959
9933011, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		10,692		9,987		10,396
9968232, 5.09%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		24,157		22,422		16,154
11073125, 5.23%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		38,278		35,458		35,467
10292467, 6.40%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		2,881		2,625		2,622
10735953, 5.24%, 10/09/2027 (b)(c)(f)	Square		4/13/2026		15,878		14,708		14,744
10417034, 6.24%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		4,708		4,300		4,275
10152571, 6.39%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		19,324		17,609		2,131
10015163, 5.23%, 05/02/2027 (b)(c)(f)	Square		11/5/2025		20,484		18,975		14,571
9833283, 5.89%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		9,804		8,998		8,005
10294801, 6.38%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		204		186		199
9956099, 4.66%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		822		768		807
10315374, 5.23%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		5,444		5,043		5,267
10219565, 4.50%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		3,129		2,930		3,020
9882375, 4.66%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		2,700		2,522		2,621
10083738, 5.72%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		1,771		1,629		1,657
9921808, 4.67%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		1,732		1,618		1,670
10987357, 4.51%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		3,632		3,399		3,420
11003147, 6.39%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		25,671		23,392		23,086
10959342, 5.24%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		10,137		9,390		9,343
10303071, 5.72%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		3,031		2,788		2,966
10367878, 5.48%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		22,279		20,566		21,467
10865499, 4.93%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		4,429		4,121		4,177
10695159, 5.72%, 10/02/2027 (b)(c)(f)	Square		4/6/2026		2,573		2,367		2,317
10021088, 5.73%, 05/03/2027 (b)(c)(d)(f)	Square		11/5/2025		2,934		2,699		34
10404193, 6.03%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		4,948		4,532		2,325
10421420, 5.48%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		1,440		1,330		1,380
11015912, 4.50%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		4,168		3,901		3,908
11059421, 4.50%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		77,676		72,714		72,762
9995356, 5.41%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		275		254		270
9788619, 5.65%, 03/11/2027 (b)(c)(f)	Square		9/15/2025		6,071		5,591		5,139
10256994, 5.23%, 06/28/2027 (b)(c)(f)	Square		12/31/2025		3,686		3,414		3,558
10970260, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		21,775		20,384		20,564
10983842, 5.72%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		19,344		17,795		18,199
10255694, 4.50%, 06/27/2027 (b)(c)(f)	Square		12/31/2025		9,515		8,908		8,981
10256374, 4.50%, 06/27/2027 (b)(c)(f)	Square		12/31/2025		1,599		1,497		1,562
9891894, 4.66%, 04/04/2027 (b)(c)(f)	Square		10/8/2025		1,647		1,538		1,589
10025865, 4.93%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		8,541		7,946		8,291
10927280, 6.09%, 11/16/2027 (b)(c)(f)	Square		5/20/2026		1,532		1,402		1,447
9814141, 5.64%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		3,653		3,364		3,540

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10106320, 5.48%, 05/21/2027 (b)(c)(f)	Square		11/25/2025	$	3,467	$	3,200	$	3,136
10384363, 4.52%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		896		839		865
9789230, 4.67%, 03/11/2027 (b)(c)(f)	Square		9/15/2025		1,328		1,240		1,298
10854935, 4.51%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		4,421		4,139		4,043
9794873, 4.66%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		3,251		3,036		3,179
10233084, 4.50%, 06/21/2027 (b)(c)(f)	Square		12/24/2025		2,745		2,569		2,657
10200694, 4.50%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		1,144		1,071		1,106
11100531, 4.50%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		27,947		26,162		26,175
10356842, 6.40%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		6,705		6,110		5,901
10844192, 6.39%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		3,180		2,898		2,980
10939694, 5.24%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		5,223		4,838		4,869
9955337, 5.40%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		4,265		3,941		4,150
10528827, 5.48%, 08/27/2027 (b)(c)(f)	Square		3/3/2026		24,485		22,603		22,676
10533101, 4.49%, 08/28/2027 (b)(c)(f)	Square		3/4/2026		2,940		2,752		2,802
10990715, 4.93%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		8,739		8,130		8,171
10177698, 4.94%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		841		782		823
10077660, 4.93%, 05/16/2027 (b)(c)(f)	Square		11/19/2025		2,964		2,758		2,881
9856428, 4.66%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		1,773		1,656		1,671
10912568, 4.93%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		10,647		9,906		10,118
11055757, 5.26%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		4,226		3,913		3,887
10046054, 4.50%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		4,715		4,413		4,461
10338035, 4.50%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		6,586		6,166		6,372
10383978, 5.23%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		2,107		1,952		1,963
9855735, 4.66%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		1,893		1,768		1,843
9808548, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		2,345		2,190		2,278
9794352, 4.67%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		743		694		735
9925360, 5.43%, 04/11/2027 (b)(c)(f)	Square		10/16/2025		1,065		984		727
9999860, 4.67%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		1,455		1,359		1,229
11043645, 5.29%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		1,016		941		934
9767084, 4.66%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		12		11		12
10705129, 4.93%, 10/03/2027 (b)(c)(f)	Square		4/7/2026		5,819		5,414		5,493
11055140, 5.24%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		6,645		6,155		6,161
10417633, 6.39%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		2,082		1,898		1,291
9750304, 5.40%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		11,110		10,268		10,231
10346804, 4.50%, 07/19/2027 (b)(c)(f)	Square		1/22/2026		2,758		2,582		2,674
9978860, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		2,727		2,547		2,629
10417387, 6.40%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		2,288		2,085		1,933
9850309, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		7,468		6,975		7,011
10392326, 6.39%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		7,997		7,287		7,778
11085227, 6.39%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		6,780		6,179		6,181
10921253, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		14,901		13,949		14,082
10568042, 6.09%, 09/06/2027 (b)(c)(f)	Square		3/10/2026		5,029		4,603		4,537
11125130, 5.48%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		6,268		5,786		5,785
10442806, 6.09%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		2,166		1,983		2,106
10515694, 5.71%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		2,071		1,905		1,492
10855428, 6.02%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		985		902		955
10670907, 5.27%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		1,162		1,076		1,108
9825993, 6.25%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		2,286		2,087		413
10118781, 6.40%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		904		824		844
10573037, 4.50%, 09/08/2027 (b)(c)(f)	Square		3/11/2026		10,349		9,688		9,937
10927126, 5.24%, 11/16/2027 (b)(c)(f)	Square		5/20/2026		4,855		4,497		4,575
10312415, 4.50%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		3,260		3,051		3,159
10336769, 5.48%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		4,348		4,014		4,283
11033828, 4.50%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		31,671		29,648		29,699
11062758, 5.72%, 12/14/2027 (b)(c)(f)	Square		6/17/2026		31,970		29,410		29,441

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10675050, 4.93%, 09/30/2027 (b)(c)(f)	Square		4/1/2026	$	15,529	$	14,448	$	12,761
9794226, 6.56%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		2,284		2,076		2,218
10909698, 6.04%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		1,011		926		960
10311537, 4.50%, 07/10/2027 (b)(c)(f)	Square		1/14/2026		9,978		9,340		9,626
10516731, 5.48%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		14,220		13,126		13,709
9766818, 4.67%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		1,454		1,358		1,413
10696894, 5.72%, 10/02/2027 (b)(c)(f)	Square		4/6/2026		4,462		4,105		4,207
10927340, 4.93%, 11/16/2027 (b)(c)(f)	Square		5/20/2026		1,720		1,600		1,535
10291373, 5.49%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		1,795		1,657		1,706
10928352, 4.93%, 11/17/2027 (b)(c)(f)	Square		5/20/2026		28,915		26,902		27,229
9760228, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		2,286		2,135		2,211
9833946, 4.66%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		23,856		22,279		19,300
9795367, 5.64%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		892		821		869
11011897, 4.50%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		9,563		8,952		8,973
10120769, 4.50%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		5,378		5,034		5,219
9974565, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		6,910		6,456		5,873
11054915, 4.51%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		2,479		2,321		2,324
10651700, 4.50%, 09/25/2027 (b)(c)(f)	Square		3/27/2026		8,017		7,505		7,641
10526301, 4.93%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		14,771		13,742		12,112
9866597, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		832		777		818
10182158, 6.41%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		576		524		547
9943799, 4.67%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		1,894		1,769		1,854
9926287, 4.66%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		2,209		2,063		2,130
10630812, 6.07%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		1,113		1,019		956
10587534, 6.39%, 09/11/2027 (b)(c)(f)	Square		3/13/2026		3,354		3,056		2,934
9865594, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		550		514		545
10406748, 4.50%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		11,859		11,101		11,407
10989686, 5.46%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		1,355		1,251		1,262
10256474, 5.72%, 06/28/2027 (b)(c)(f)	Square		12/31/2025		8,490		7,810		8,165
10541156, 4.50%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		4,499		4,212		4,299
9816037, 6.56%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		2,891		2,628		2,168
10335439, 4.50%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		7,910		7,405		7,667
9803044, 6.25%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		15,600		14,243		7,774
10977951, 5.49%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		2,099		1,937		1,975
9736174, 5.89%, 02/28/2027 (b)(c)(d)(f)	Square		9/2/2025		2,421		2,221		1,685
10870512, 5.32%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		662		612		460
10967608, 6.09%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		8,979		8,217		8,381
9964896, 4.66%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		527		492		517
9763651, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		870		812		848
10809004, 4.50%, 10/23/2027 (b)(c)(f)	Square		4/27/2026		81,751		76,529		77,427
10237606, 4.50%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		8,244		7,717		7,911
11028837, 4.50%, 12/07/2027 (b)(c)(f)	Square		6/10/2026		3,425		3,206		3,209
9979772, 5.64%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		3,409		3,140		3,255
10076353, 4.93%, 05/15/2027 (b)(c)(f)	Square		11/19/2025		24,027		22,443		21,597
11081197, 4.50%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		22,333		20,906		20,919
10084600, 4.93%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		1,428		1,329		1,406
9961057, 5.64%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		2,404		2,214		2,132
10369702, 6.09%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		5,735		5,249		3,624
10847313, 4.50%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		7,610		7,123		7,208
10997471, 4.50%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		4,526		4,236		4,242
10312830, 5.73%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		4,301		3,957		4,009
10897304, 4.50%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		11,672		10,926		11,033
10770813, 4.50%, 10/16/2027 (b)(c)(f)	Square		4/20/2026		45,773		42,849		43,454
10817976, 5.72%, 10/26/2027 (b)(c)(f)	Square		4/29/2026		9,714		8,936		9,067
9845078, 5.09%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		6,362		5,905		6,088

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11035913, 4.50%, 12/09/2027 (b)(c)(f)	Square		6/11/2026	$	23,756	$	22,239	$	22,277
10113333, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		11,200		10,485		10,728
10547046, 5.48%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		11,844		10,933		11,098
9757382, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		2,355		2,200		2,301
10938212, 4.50%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		20,629		19,311		19,034
10564392, 4.50%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		6,001		5,618		5,722
10764179, 4.50%, 10/15/2027 (b)(c)(f)	Square		4/17/2026		10,047		9,405		9,542
11041232, 4.50%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		40,341		37,764		37,823
10899595, 5.23%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		1,889		1,750		1,776
10233386, 4.50%, 06/21/2027 (b)(c)(f)	Square		12/24/2025		10,203		9,551		9,738
9941521, 5.41%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		917		847		781
10989707, 5.72%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		24,563		22,595		22,520
9890844, 4.67%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		920		859		904
10860143, 4.50%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		8,013		7,501		7,550
10445185, 5.26%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		7,064		6,541		643
9807299, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		35,191		32,866		33,682
9801650, 4.67%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		654		611		632
11074969, 6.08%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		3,333		3,050		3,053
9822396, 4.67%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		3,771		3,522		3,637
10376577, 6.08%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		1,476		1,351		1,429
10379784, 5.72%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		4,695		4,319		4,443
9974469, 6.26%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		3,114		2,843		2,871
10899839, 5.25%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		1,390		1,287		1,004
10979973, 5.23%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		5,746		5,323		5,371
9751490, 5.65%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		884		814		710
10870952, 5.72%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		9,501		8,740		8,866
10931829, 6.09%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		13,637		12,480		12,738
10786668, 6.39%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		1,349		1,229		1,162
10400239, 5.72%, 07/31/2027 (b)(c)(f)	Square		2/4/2026		2,527		2,325		2,422
10340858, 6.24%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		192		175		187
10846608, 4.50%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		8,301		7,771		7,853
10828457, 4.50%, 10/28/2027 (b)(c)(f)	Square		4/30/2026		25,713		24,071		24,415
10458026, 5.72%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		979		901		914
10880084, 4.93%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		1,850		1,721		1,743
10400684, 4.48%, 07/31/2027 (b)(c)(f)	Square		2/4/2026		496		465		475
10198152, 4.53%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		464		434		452
10603494, 6.39%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		470		428		459
11124830, 6.09%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		10,202		9,336		9,334
11115385, 6.09%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		20,023		18,325		18,325
11045976, 6.24%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		14,016		12,800		12,768
11033063, 6.08%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		2,359		2,160		2,152
10369532, 4.50%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		3,441		3,221		3,324
9774181, 4.66%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		3,094		2,889		3,043
10951534, 6.08%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		1,015		929		949
10663801, 6.03%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		2,546		2,332		2,424
9962028, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		5,976		5,581		5,811
9931802, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		1,762		1,646		1,700
10421468, 5.48%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		6,240		5,760		5,913
9991892, 5.65%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		15,286		14,078		9,915
9772125, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		1,743		1,627		1,706
10782702, 5.24%, 10/18/2027 (b)(c)(f)	Square		4/22/2026		5,761		5,336		5,398
9853874, 6.56%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		5,249		4,771		3,508
9855217, 6.56%, 03/27/2027 (b)(c)(d)(f)	Square		10/1/2025		25,597		23,270		501
11002494, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		15,638		14,640		14,673
10964666, 4.50%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		5,819		5,447		5,490

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10250324, 4.50%, 06/25/2027 (b)(c)(f)	Square		12/30/2025	$	34,849	$	32,623	$	33,472
9959082, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		4,247		3,966		4,155
10082350, 4.49%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		1,365		1,278		1,321
10344155, 4.50%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		2,470		2,312		2,337
11044815, 4.50%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		52,121		48,791		48,870
10532590, 4.50%, 08/28/2027 (b)(c)(f)	Square		3/4/2026		4,577		4,285		4,420
10344912, 4.50%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		7,352		6,883		6,958
9752463, 4.66%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		1,442		1,347		1,414
9884480, 6.26%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		2,609		2,381		2,057
9951861, 4.66%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		4,845		4,525		4,104
10546409, 6.39%, 09/03/2027 (b)(c)(f)	Square		3/5/2026		4,258		3,880		4,161
10104702, 6.03%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		937		858		897
9741691, 4.67%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		6,814		6,363		6,345
10256307, 6.09%, 06/27/2027 (b)(c)(f)	Square		12/31/2025		1,476		1,351		1,315
10029344, 4.49%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		2,080		1,947		2,033
10902881, 5.48%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		36,004		33,236		33,725
9817352, 5.09%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		6,386		5,927		6,000
10088320, 6.09%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		1,436		1,315		1,381
10971744, 6.03%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		11,637		10,659		10,343
10758316, 4.50%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		3,498		3,274		3,317
10909252, 6.04%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		999		915		728
10413535, 4.93%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		3,577		3,328		3,442
10541390, 4.50%, 09/03/2027 (b)(c)(f)	Square		3/5/2026		8,816		8,253		8,485
10174008, 4.50%, 06/07/2027 (b)(c)(f)	Square		12/10/2025		3,073		2,876		2,982
10960316, 6.06%, 11/24/2027 (b)(c)(f)	Square		5/28/2026		804		736		710
10480789, 4.93%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		2,515		2,340		2,446
9815483, 5.09%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		14,074		13,063		13,635
10128677, 6.39%, 05/26/2027 (b)(c)(d)(f)	Square		12/1/2025		25,010		22,836		123
9893009, 5.10%, 04/05/2027 (b)(c)(f)	Square		10/8/2025		5,093		4,728		4,447
11096256, 5.72%, 12/19/2027 (b)(c)(f)	Square		6/24/2026		67,432		62,032		62,015
10938749, 5.24%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		3,570		3,306		3,386
10057221, 4.50%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		11,682		10,936		11,496
10852828, 6.40%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		6,673		6,080		6,311
10164159, 4.50%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		3,787		3,545		3,662
10680436, 5.26%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		7,441		6,890		6,450
9946897, 4.66%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		1,634		1,526		1,595
10390574, 4.50%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		2,485		2,326		2,398
10173465, 4.91%, 06/07/2027 (b)(c)(f)	Square		12/10/2025		1,165		1,084		899
9971859, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		14,843		13,862		14,201
10071081, 4.50%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		2,506		2,345		2,448
10214235, 4.93%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		2,428		2,259		2,355
10785074, 6.09%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		7,847		7,181		7,364
9856937, 5.10%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		1,881		1,746		1,820
10888210, 6.22%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		1,353		1,236		1,017
11112675, 6.38%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		1,912		1,743		1,743
10587941, 6.25%, 09/11/2027 (b)(c)(f)	Square		3/13/2026		351		320		336
9799398, 6.56%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		4,478		4,071		3,726
10511589, 4.50%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		4,609		4,315		4,435
11000808, 5.26%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		948		878		870
10952785, 6.24%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		3,084		2,816		2,947
10507604, 4.50%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		1,444		1,352		1,381
10182206, 4.50%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		8,105		7,587		7,830
11103788, 5.48%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		65,045		60,043		60,044
10108671, 4.92%, 05/22/2027 (b)(c)(f)	Square		11/26/2025		3,955		3,679		3,014
9962837, 5.09%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		13,847		12,853		12,382

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10973469, 5.26%, 11/27/2027 (b)(c)(f)	Square		5/29/2026	$	8,138	$	7,535	$	7,869
10136639, 6.01%, 05/28/2027 (b)(c)(f)	Square		12/2/2025		475		435		442
10943023, 6.09%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		8,818		8,070		8,291
9907773, 5.09%, 04/08/2027 (b)(c)(f)	Square		10/10/2025		15,124		14,038		14,446
10715657, 4.93%, 10/07/2027 (b)(c)(f)	Square		4/9/2026		11,928		11,123		11,338
10219349, 4.50%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		2,156		2,019		2,105
9963572, 4.67%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		2,452		2,290		2,384
10920059, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		14,715		13,775		13,533
9875045, 4.67%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		3,156		2,947		3,071
9995371, 4.66%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		12,403		11,583		11,706
9761190, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		6,573		6,139		6,425
11040905, 6.02%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		3,802		3,483		3,461
9876227, 6.56%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		26,514		24,104		22,132
9748670, 4.66%, 03/02/2027 (b)(c)(f)	Square		9/4/2025		1,494		1,395		1,383
10240092, 4.93%, 06/23/2027 (b)(c)(f)	Square		12/26/2025		7,572		7,044		7,454
9821863, 4.66%, 03/20/2027 (b)(c)(f)	Square		9/24/2025		16,739		15,633		16,319
10422933, 4.50%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		6,612		6,190		5,587
10301893, 4.50%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		7,995		7,485		7,795
9795836, 5.40%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		663		612		653
10099062, 4.50%, 05/20/2027 (b)(c)(f)	Square		11/24/2025		22,908		21,445		22,194
9847928, 4.67%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		2,312		2,160		2,251
10026862, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		20,317		19,020		19,518
10855747, 6.39%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		1,271		1,158		1,122
10905683, 6.09%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		8,616		7,885		8,066
9764949, 6.26%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		4,689		4,281		4,288
10853194, 6.09%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		16,475		15,077		13,247
11018339, 4.50%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		81,249		76,059		76,206
10149248, 5.73%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		1,240		1,141		1,199
10139148, 4.49%, 05/28/2027 (b)(c)(f)	Square		12/2/2025		1,908		1,787		1,821
10865736, 4.50%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		2,579		2,415		2,452
9919667, 4.66%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		33,941		31,698		32,498
11006350, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		11,629		10,885		10,913
10105809, 4.50%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		11,369		10,642		10,784
10859043, 6.39%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		2,928		2,668		2,767
10214907, 5.23%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		5,289		4,899		5,145
10460810, 4.50%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		9,400		8,800		8,858
10972736, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		11,317		10,594		10,706
10196638, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		4,244		3,973		4,065
10987634, 4.51%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		2,332		2,183		2,200
9926985, 4.66%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		455		425		444
10050662, 5.23%, 05/08/2027 (b)(c)(f)	Square		11/13/2025		19,767		18,311		5,816
10539053, 6.39%, 09/02/2027 (b)(c)(d)(f)	Square		3/4/2026		11,077		10,094		952
10470209, 6.39%, 08/14/2027 (b)(c)(f)	Square		2/19/2026		1,033		941		922
10490601, 5.24%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		3,729		3,454		3,599
9849559, 5.89%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		15,024		13,789		2,866
10079934, 6.09%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		2,351		2,151		555
9748826, 4.67%, 03/02/2027 (b)(c)(f)	Square		9/4/2025		4,120		3,848		2,134
9902216, 4.66%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		2,391		2,233		2,336
11094549, 5.23%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		5,633		5,218		5,220
11016114, 4.51%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		3,219		3,013		3,019
9952088, 4.66%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		10,060		9,395		9,550
10498529, 4.50%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		5,616		5,257		5,426
10146377, 4.50%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		1,674		1,567		1,640
10933544, 4.93%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		5,911		5,499		5,542
9981501, 4.65%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		2,027		1,893		1,040
10472572, 5.24%, 08/16/2027 (b)(c)(f)	Square		2/19/2026		7,107		6,583		6,591

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10232699, 5.47%, 06/20/2027 (b)(c)(f)	Square		12/24/2025	$	4,408	$	4,070	$	4,058
10188149, 4.50%, 06/10/2027 (b)(c)(f)	Square		12/12/2025		2,405		2,252		2,342
9879960, 6.55%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		543		494		488
10375034, 4.50%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		4,244		3,973		4,114
9844337, 6.57%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		1,706		1,551		1,551
9962759, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		5,384		5,028		5,235
9893423, 5.44%, 04/05/2027 (b)(c)(f)	Square		10/8/2025		975		901		200
11074182, 6.38%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		815		742		729
9975391, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		3,532		3,298		3,419
10721864, 6.39%, 10/07/2027 (b)(c)(f)	Square		4/9/2026		16,717		15,233		15,799
10187449, 4.51%, 06/10/2027 (b)(c)(f)	Square		12/12/2025		1,551		1,451		1,508
10835491, 4.50%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		5,735		5,368		5,444
10498704, 4.50%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		10,403		9,738		9,947
9954125, 4.66%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		6,253		5,840		5,996
10991384, 4.51%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		1,760		1,647		1,666
10350756, 4.50%, 07/20/2027 (b)(c)(f)	Square		1/22/2026		2,741		2,566		2,636
9900999, 5.89%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		5,811		5,333		5,680
11031665, 6.09%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		7,616		6,970		6,970
9765528, 4.67%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		637		595		631
9838560, 6.56%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		712		647		131
10499905, 5.24%, 08/21/2027 (b)(c)(f)	Square		2/25/2026		2,561		2,372		2,418
9929495, 5.64%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		4,948		4,557		3,974
9988092, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		34,759		32,463		33,536
10006878, 4.93%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		476		442		469
10149034, 6.39%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		1,857		1,692		1,377
11116680, 6.09%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		13,427		12,287		12,291
9951546, 5.43%, 04/18/2027 (b)(c)(d)(f)	Square		10/22/2025		1,819		1,681		19
10832094, 5.23%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		13,026		12,066		12,279
10864370, 6.09%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		3,027		2,770		2,831
10361738, 6.39%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		1,266		1,154		1,156
9950162, 4.66%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		6,055		5,655		5,972
10854304, 5.23%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		2,945		2,728		2,782
10483795, 6.09%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		3,849		3,522		3,553
10600240, 5.48%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		6,902		6,372		6,582
9942688, 4.67%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		4,246		3,965		4,156
9867510, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		4,485		4,189		4,373
11005940, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		7,664		7,174		7,190
10893039, 6.39%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		2,644		2,409		2,327
10628488, 5.72%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		1,572		1,446		1,518
10088693, 4.50%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		2,009		1,881		1,938
10545359, 4.50%, 09/03/2027 (b)(c)(f)	Square		3/5/2026		13,708		12,832		13,218
10992059, 6.09%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		9,820		8,987		9,175
10919093, 5.26%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		4,940		4,574		4,514
10533819, 6.39%, 09/01/2027 (b)(c)(f)	Square		3/4/2026		3,685		3,358		3,409
10835096, 6.39%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		1,490		1,358		862
9766130, 6.56%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		5,229		4,753		1,024
10296443, 4.93%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		1,024		953		986
10667921, 6.09%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		4,591		4,202		3,982
9998776, 6.55%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		401		364		387
10890299, 4.50%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		53,794		50,358		51,036
9794104, 5.44%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		499		461		231
10461441, 6.41%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		469		428		455
9999729, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		3,320		3,101		3,214
10971325, 6.39%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		9,318		8,490		8,629
10685674, 5.48%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		2,268		2,094		2,139
10514268, 6.40%, 08/25/2027 (b)(c)(d)(f)	Square		2/27/2026		6,817		6,211		1,316

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10361649, 4.50%, 07/22/2027 (b)(c)(f)	Square		1/26/2026	$	1,801	$	1,686	$	1,739
10578688, 5.72%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		367		337		361
10869667, 4.93%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		6,234		5,799		5,876
10182875, 4.50%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		4,151		3,886		4,047
10884364, 4.50%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		6,715		6,286		6,310
10882530, 4.50%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		2,164		2,026		2,049
9976655, 5.89%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		1,900		1,744		1,774
9930864, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		1,902		1,776		1,589
10122596, 4.50%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		2,417		2,262		2,352
11044007, 6.08%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		1,931		1,768		1,770
11095474, 4.94%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		1,750		1,628		1,628
10413322, 6.24%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		1,065		972		947
10805833, 5.27%, 10/23/2027 (b)(c)(f)	Square		4/27/2026		791		732		736
9767702, 5.43%, 03/07/2027 (b)(c)(d)(f)	Square		9/10/2025		12,001		11,086		2,125
11005443, 6.24%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		1,511		1,379		1,357
10106589, 5.72%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		2,660		2,447		2,443
10960336, 4.50%, 11/24/2027 (b)(c)(f)	Square		5/28/2026		6,937		6,494		6,544
11017848, 6.39%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		7,346		6,694		6,714
10472861, 4.50%, 08/16/2027 (b)(c)(f)	Square		2/19/2026		21,844		20,448		21,083
10973306, 6.09%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		5,447		4,985		5,008
10570569, 6.40%, 09/06/2027 (b)(c)(f)	Square		3/10/2026		2,156		1,964		729
11069849, 5.72%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		2,697		2,481		2,485
10217197, 6.39%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		4,333		3,948		3,928
10659660, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		4,860		4,550		4,232
10203842, 4.50%, 06/13/2027 (b)(c)(f)	Square		12/17/2025		19,747		18,486		19,001
10990629, 6.40%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		4,606		4,196		4,304
9951916, 5.09%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		159		147		157
9926841, 5.40%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		1,220		1,128		1,185
9770697, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		165		154		157
10294879, 4.50%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		30,030		28,112		28,573
11026913, 4.50%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		4,540		4,250		4,258
9789275, 6.57%, 03/11/2027 (b)(c)(f)	Square		9/15/2025		23		21		23
11055990, 6.10%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		2,315		2,118		2,118
10289816, 4.50%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		20,221		18,929		19,694
10963032, 4.50%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		7,470		6,993		6,917
10977712, 6.03%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		106		97		95
10882777, 4.50%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		6,520		6,104		6,141
10888391, 6.03%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		674		617		639
10855547, 6.09%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		1,334		1,221		1,261
10672487, 4.50%, 09/29/2027 (b)(c)(f)	Square		4/1/2026		2,588		2,423		2,521
9801313, 4.66%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		2,157		2,014		2,105
9808514, 4.68%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		999		932		964
9835430, 4.66%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		2,441		2,280		2,399
10871432, 5.30%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		800		741		758
10854446, 4.50%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		14,971		14,015		14,104
10164555, 4.50%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		5,089		4,764		4,918
10601696, 6.38%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		1,646		1,500		1,582
10835643, 5.24%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		14,564		13,491		13,637
10082584, 6.08%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		482		442		456
11113177, 6.09%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		5,237		4,793		4,792
9742935, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		1,009		942		988
9890828, 6.26%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		793		724		134
10306142, 6.24%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		4,657		4,253		4,436
9817623, 5.43%, 03/19/2027 (b)(c)(d)(f)	Square		9/23/2025		18,220		16,830		208
10312951, 5.71%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		1,151		1,059		974
10603573, 4.50%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		45,574		42,663		43,709

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10490191, 5.49%, 08/19/2027 (b)(c)(f)	Square		2/23/2026	$	2,717	$	2,507	$	2,603
10011583, 5.48%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		834		770		788
10318791, 4.52%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		993		930		960
9853309, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		7,811		7,295		7,612
10952151, 4.50%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		28,858		27,014		27,164
10836286, 4.93%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		20,413		18,992		19,398
10501592, 4.50%, 08/22/2027 (b)(c)(f)	Square		2/25/2026		7,804		7,305		6,798
9917034, 5.09%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		8,635		8,015		8,170
10342948, 6.41%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		594		542		529
9805419, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		1,201		1,122		1,174
10706857, 6.03%, 10/04/2027 (b)(c)(f)	Square		4/8/2026		18,750		17,174		17,943
11112181, 4.50%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		6,495		6,079		6,080
10766615, 5.48%, 10/15/2027 (b)(c)(f)	Square		4/17/2026		4,252		3,925		4,028
10874728, 5.72%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		5,501		5,061		5,163
10011623, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		1,971		1,845		1,924
10575571, 6.10%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		1,400		1,281		1,351
11061814, 5.30%, 12/13/2027 (b)(c)(f)	Square		6/17/2026		504		467		462
10943296, 5.27%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		7,261		6,723		6,874
11009093, 4.50%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		51,733		48,428		48,529
10356282, 4.51%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		2,509		2,348		2,433
9742392, 4.67%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		1,546		1,444		1,522
9945585, 5.65%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		1,920		1,768		1,874
10437999, 4.50%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		9,890		9,258		9,541
9734131, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		742		693		730
9891006, 4.67%, 04/03/2027 (b)(c)(d)(f)	Square		10/7/2025		6,902		6,446		162
10808923, 6.37%, 10/23/2027 (b)(c)(f)	Square		4/27/2026		536		488		509
10841785, 6.39%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		4,116		3,750		3,596
9975530, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		8,755		8,176		8,624
10992499, 6.24%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		5,297		4,837		4,865
10981316, 5.47%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		6,280		5,798		5,846
10440165, 4.50%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		21,096		19,749		20,560
10428960, 5.27%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		725		672		699
10198549, 5.49%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		1,048		968		1,013
10860604, 5.48%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		16,194		14,949		15,277
11115350, 6.40%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		1,504		1,371		1,369
9736339, 5.65%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		10,173		9,368		8,079
9809444, 6.54%, 03/17/2027 (b)(c)(d)(f)	Square		9/19/2025		1,275		1,159		25
10908717, 6.24%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		3,409		3,113		3,176
9741382, 5.09%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		3,004		2,788		2,908
11116246, 5.23%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		9,348		8,659		8,662
9739628, 4.65%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		805		752		771
10008745, 5.48%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		38,003		35,081		33,954
10435139, 6.37%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		1,122		1,023		918
10047267, 4.50%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		8,284		7,755		8,062
10747648, 5.23%, 10/11/2027 (b)(c)(f)	Square		4/15/2026		36,920		34,201		31,063
10378737, 6.02%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		461		422		447
9871665, 5.09%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		8,938		8,296		8,657
10145470, 5.73%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		3,859		3,550		3,734
10025268, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		13,704		12,828		13,330
10873764, 6.03%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		1,406		1,288		1,360
9887414, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		972		908		948
9999206, 5.89%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		801		735		579
10129871, 4.50%, 05/26/2027 (b)(c)(f)	Square		12/1/2025		47,642		44,598		41,238
10672748, 6.42%, 09/29/2027 (b)(c)(f)	Square		4/1/2026		827		754		770
10468299, 4.50%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		4,882		4,570		4,680
9844947, 5.89%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		4,360		4,001		2,361

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10316128, 6.38%, 07/12/2027 (b)(c)(f)	Square		1/14/2026	$	1,160	$	1,057	$	1,031
9751500, 6.17%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		809		739		155
9772948, 5.09%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		2,515		2,334		2,441
11037725, 4.52%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		1,661		1,555		1,558
10907457, 4.93%, 11/13/2027 (b)(c)(f)	Square		5/15/2026		8,744		8,136		8,310
10561655, 6.24%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		3,547		3,240		2,736
10579223, 4.50%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		8,697		8,141		8,324
10404004, 6.09%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		2,218		2,030		2,155
10199971, 6.39%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		6,994		6,374		6,137
10555819, 4.50%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		4,288		4,014		1,962
9901969, 5.65%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		5,900		5,433		5,183
9770931, 5.89%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		166		152		163
10991122, 6.40%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		3,329		3,034		3,105
10821902, 5.24%, 10/27/2027 (b)(c)(f)	Square		4/29/2026		6,979		6,464		6,603
10296969, 6.08%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		1,053		963		1,021
9857624, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		430		402		422
11026754, 5.23%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		2,366		2,192		2,193
10746174, 4.50%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		1,246		1,166		1,186
10344413, 6.25%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		1,043		952		938
10058137, 4.50%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		20,226		18,934		19,557
11026878, 5.25%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		1,145		1,060		1,051
10884600, 4.50%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		28,489		26,669		26,960
9797982, 5.64%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		4,215		3,882		4,128
10385188, 5.23%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		2,522		2,337		2,441
10470287, 5.22%, 08/14/2027 (b)(c)(f)	Square		2/19/2026		1,997		1,850		1,854
10706417, 6.08%, 10/04/2027 (b)(c)(f)	Square		4/8/2026		3,738		3,421		3,431
10361959, 4.50%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		4,593		4,299		4,459
10133161, 4.50%, 05/27/2027 (b)(c)(f)	Square		12/2/2025		15,028		14,068		14,482
9855522, 6.56%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		18,073		16,429		12,739
11122533, 5.48%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		69,533		64,187		64,170
9868925, 5.09%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		8,863		8,227		8,533
9880954, 5.09%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		19,080		17,710		17,946
10409086, 6.09%, 08/03/2027 (b)(c)(d)(f)	Square		2/5/2026		3,738		3,421		1,777
9795026, 4.66%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		4,019		3,754		3,932
10412580, 6.05%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		55		50		54
9975374, 6.19%, 04/23/2027 (b)(c)(d)(f)	Square		10/27/2025		1,129		1,031		27
10668455, 6.39%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		1,970		1,796		1,904
10046625, 4.50%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		1,629		1,524		1,602
10628771, 4.50%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		16,146		15,115		15,263
9781751, 5.09%, 03/10/2027 (b)(c)(f)	Square		9/12/2025		14,710		13,654		14,165
10202485, 4.50%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		3,300		3,089		3,210
10671803, 4.49%, 09/28/2027 (b)(c)(f)	Square		4/1/2026		5,106		4,780		4,545
10806302, 6.39%, 10/23/2027 (b)(c)(f)	Square		4/27/2026		2,060		1,877		1,912
11043699, 5.23%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		11,610		10,755		10,773
9824170, 6.41%, 03/22/2027 (b)(c)(d)(f)	Square		9/24/2025		9,620		8,764		176
9787828, 4.67%, 03/11/2027 (b)(c)(f)	Square		9/15/2025		5,018		4,686		4,811
10635240, 5.23%, 09/20/2027 (b)(c)(f)	Square		3/24/2026		37,530		34,765		30,100
10859548, 4.51%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		2,854		2,671		2,703
10544505, 4.93%, 09/03/2027 (b)(c)(f)	Square		3/5/2026		10,162		9,455		9,792
9791563, 6.56%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		2,205		2,005		1,476
10380999, 5.23%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		4,727		4,379		4,572
10165801, 6.38%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		1,499		1,366		1,291
9822355, 6.26%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		4,047		3,694		3,805
9794837, 4.67%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		2,289		2,138		2,149
10953284, 6.40%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		4,113		3,748		3,682
11056068, 6.39%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		8,430		7,682		7,683

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10425449, 5.23%, 08/05/2027 (b)(c)(f)	Square		2/9/2026	$	15,327	$	14,198	$	14,272
10669994, 5.23%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		5,718		5,297		5,210
10066848, 6.39%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		2,648		2,413		2,165
10352050, 4.50%, 07/20/2027 (b)(c)(f)	Square		1/22/2026		5,091		4,766		4,875
10062108, 6.27%, 05/12/2027 (b)(c)(d)(f)	Square		11/14/2025		1,095		1,000		13
10938850, 4.50%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		11,103		10,393		10,477
9921213, 5.89%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		2,182		2,003		2,088
10224017, 4.50%, 06/18/2027 (b)(c)(f)	Square		12/22/2025		3,552		3,325		3,478
10260543, 5.30%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		8		7		8
10341426, 5.72%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		14,896		13,703		14,095
10259227, 4.50%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		6,143		5,750		5,378
10972207, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		7,501		7,022		7,064
9917287, 4.66%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		26,976		25,194		22,083
10957347, 5.49%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		3,105		2,866		2,885
10215615, 6.09%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		955		874		922
9978525, 6.19%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		1,129		1,032		832
11095595, 5.48%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		7,078		6,534		6,534
11041084, 4.51%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		3,417		3,198		3,204
10582254, 4.50%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		4,797		4,491		4,544
9923924, 4.66%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		5,318		4,967		5,209
10086841, 4.50%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		27,072		25,342		26,418
9775523, 6.56%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		1,833		1,666		489
10370390, 4.49%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		1,299		1,216		1,263
9999306, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		10,191		9,517		9,758
10861640, 4.93%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		13,400		12,467		12,745
10851007, 4.50%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		19,282		18,051		18,216
10434832, 4.51%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		2,439		2,283		2,358
10103326, 4.50%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		7,048		6,597		6,663
10091819, 4.93%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		24,185		22,501		22,648
10323575, 6.39%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		1,742		1,588		1,447
10888986, 5.23%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		3,735		3,460		3,513
9822432, 4.66%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		697		651		677
10960721, 6.39%, 11/25/2027 (b)(c)(f)	Square		5/28/2026		10,397		9,474		9,701
10639052, 4.50%, 09/22/2027 (b)(c)(f)	Square		3/25/2026		24,248		22,698		23,332
10353343, 5.48%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		7,175		6,644		6,805
10939611, 6.24%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		1,545		1,411		1,465
9985335, 6.41%, 04/27/2027 (b)(c)(d)(f)	Square		10/29/2025		4,018		3,661		62
9791901, 4.66%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		11,097		10,364		10,632
10080479, 6.09%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		715		655		694
10306427, 6.40%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		5,159		4,701		4,936
10343226, 4.50%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		14,334		13,419		13,735
10085143, 5.72%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		9,666		8,892		9,227
9883667, 4.66%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		1,263		1,179		1,250
9887536, 5.89%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		3,756		3,447		3,525
9831159, 5.40%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		3,608		3,334		3,531
10500760, 4.50%, 08/22/2027 (b)(c)(f)	Square		2/25/2026		7,283		6,818		6,993
11033713, 5.26%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		3,517		3,257		3,248
10392197, 4.49%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		2,697		2,525		2,581
10196469, 4.54%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		130		121		128
10761625, 4.93%, 10/15/2027 (b)(c)(f)	Square		4/17/2026		9,899		9,210		9,328
10072015, 4.50%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		3,549		3,322		3,398
10515951, 4.50%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		2,724		2,550		2,657
10372963, 4.93%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		4,828		4,492		4,528
10257751, 4.50%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		12,297		11,512		12,001
10315874, 4.50%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		2,027		1,897		1,970
10880330, 4.51%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		3,368		3,152		3,183

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10144316, 4.50%, 06/01/2027 (b)(c)(f)	Square		12/3/2025	$	4,694	$	4,394	$	4,486
10061631, 6.10%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		388		355		372
10050024, 4.50%, 05/08/2027 (b)(c)(f)	Square		11/13/2025		4,699		4,399		4,582
10833067, 4.50%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		40,106		37,544		37,898
9994436, 6.56%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		5,721		5,208		5,097
11038500, 5.48%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		74,551		68,819		68,821
10580068, 6.03%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		416		381		381
10151323, 4.93%, 06/02/2027 (b)(c)(f)	Square		12/4/2025		3,691		3,434		3,559
10827475, 4.93%, 10/28/2027 (b)(c)(f)	Square		4/30/2026		3,500		3,256		3,309
10668956, 5.48%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		9,907		9,145		9,567
10171752, 6.39%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		3,645		3,321		419
9931757, 5.41%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		985		911		952
9965013, 6.26%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		2,087		1,906		2,001
10690822, 4.93%, 10/01/2027 (b)(c)(f)	Square		4/3/2026		2,605		2,423		2,414
10741672, 4.50%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		11,130		10,419		10,558
9982399, 4.66%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		5,773		5,391		5,574
11121376, 5.26%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		10,747		9,951		9,951
9836443, 5.89%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		3,283		3,013		3,008
9767911, 4.66%, 03/07/2027 (b)(c)(f)	Square		9/10/2025		188		175		186
10933844, 6.09%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		2,353		2,153		2,191
11051669, 6.39%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		26,358		24,018		23,973
10106706, 5.24%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		3,072		2,845		3,020
9820913, 5.09%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		1,457		1,352		1,411
10973709, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		1,604		1,501		1,521
9874960, 6.25%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		616		563		528
10823728, 6.10%, 10/27/2027 (b)(c)(f)	Square		4/29/2026		2,676		2,449		2,487
10196840, 5.72%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		2,053		1,889		1,983
10846355, 4.50%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		7,475		6,998		6,830
9985184, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		1,144		1,068		1,113
10144194, 5.72%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		413		380		401
10445635, 4.50%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		3,161		2,959		3,055
9956502, 4.67%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		3,175		2,966		3,116
10990452, 4.50%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		8,576		8,028		8,062
10051391, 5.48%, 05/09/2027 (b)(c)(f)	Square		11/13/2025		5,850		5,401		5,602
9794557, 6.40%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		414		377		353
10873821, 6.39%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		21,445		19,542		19,954
10249922, 6.38%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		1,832		1,670		1,583
10212146, 5.23%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		19,892		18,427		15,016
10618343, 6.09%, 09/17/2027 (b)(c)(f)	Square		3/19/2026		2,972		2,719		2,820
10906497, 5.23%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		28,764		26,645		27,287
9856455, 4.66%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		1,479		1,381		1,447
9853221, 6.26%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		8,630		7,879		4,455
9965538, 4.66%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		8,693		8,119		8,412
10027840, 6.41%, 05/04/2027 (b)(c)(d)(f)	Square		11/6/2025		1,021		930		658
10204837, 4.50%, 06/14/2027 (b)(c)(f)	Square		12/17/2025		1,826		1,710		1,758
9944600, 5.09%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		1,343		1,247		1,304
10313006, 5.23%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		28,245		26,164		21,686
10089878, 4.92%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		959		892		894
10992757, 5.72%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		7,624		7,014		6,954
9856680, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		1,864		1,741		1,797
10992707, 6.05%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		748		685		683
10789290, 5.48%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		10,669		9,849		10,173
11125383, 6.39%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		8,031		7,319		7,317
10916360, 6.02%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		1,084		993		1,024
10548345, 4.50%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		3,185		2,982		3,047
9933586, 6.57%, 04/15/2027 (b)(c)(d)(f)	Square		10/17/2025		1,902		1,729		1,232

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10887012, 4.50%, 11/08/2027 (b)(c)(f)	Square		5/12/2026	$	9,297	$	8,702	$	8,776
10479099, 6.09%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		7,005		6,411		1,544
9962996, 4.67%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		7,499		7,004		7,092
11102751, 6.08%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		3,562		3,260		3,254
9855702, 4.66%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		2,853		2,666		2,355
10816979, 6.38%, 10/25/2027 (b)(c)(f)	Square		4/29/2026		1,290		1,175		1,184
9974710, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		651		608		636
9927456, 4.68%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		230		214		226
10408818, 5.48%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		1,074		991		1,028
10937921, 6.03%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		6,231		5,707		5,879
10235190, 4.50%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		759		710		746
10361795, 5.72%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		1,906		1,753		1,776
10893506, 6.39%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		3,281		2,990		3,067
10312527, 4.50%, 07/11/2027 (b)(c)(f)	Square		1/14/2026		8,470		7,929		8,220
10967939, 6.09%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		3,364		3,079		3,116
10079325, 6.08%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		1,798		1,646		1,664
11044078, 6.39%, 12/10/2027 (b)(c)(f)	Square		6/12/2026		18,539		16,894		16,935
10582926, 4.93%, 09/10/2027 (b)(c)(f)	Square		3/12/2026		3,586		3,336		3,381
10237092, 6.03%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		3,954		3,622		2,508
10353167, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		5,823		5,451		5,485
10997844, 5.48%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		49,680		45,860		45,826
10380896, 5.23%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		739		685		724
10097362, 5.73%, 05/20/2027 (b)(c)(f)	Square		11/24/2025		1,342		1,234		1,282
10482416, 4.50%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		28,673		26,845		27,158
9776790, 6.56%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		1,606		1,460		298
10196267, 4.49%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		3,277		3,068		2,834
10968067, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		9,908		9,275		9,179
10378352, 5.48%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		6,753		6,234		6,198
10370012, 5.48%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		2,153		1,987		2,074
9849258, 5.89%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		10,328		9,479		9,149
10905380, 5.25%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		1,838		1,702		1,692
10812673, 4.50%, 10/24/2027 (b)(c)(f)	Square		4/28/2026		8,925		8,354		8,434
9924752, 6.26%, 04/11/2027 (b)(c)(f)	Square		10/16/2025		886		809		850
10898953, 6.09%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		8,141		7,450		7,666
11112569, 5.29%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		1,607		1,488		1,488
11010759, 5.48%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		46,780		43,183		43,267
9801699, 5.09%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		3,927		3,645		945
10204917, 4.50%, 06/14/2027 (b)(c)(f)	Square		12/17/2025		10,066		9,423		9,634
10589634, 4.50%, 09/11/2027 (b)(c)(f)	Square		3/13/2026		27,306		25,561		25,576
10134735, 4.50%, 05/28/2027 (b)(c)(f)	Square		12/2/2025		6,786		6,353		6,613
10356462, 4.49%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		573		536		565
10800469, 6.09%, 10/22/2027 (b)(c)(f)	Square		4/24/2026		36,915		33,784		34,594
10077392, 4.50%, 05/16/2027 (b)(c)(f)	Square		11/19/2025		1,941		1,817		1,892
10987418, 6.39%, 11/29/2027 (b)(c)(f)	Square		6/2/2026		4,393		4,003		4,164
11006708, 4.51%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		2,118		1,982		1,986
10632921, 4.50%, 09/20/2027 (b)(c)(f)	Square		3/24/2026		774		725		763
10888454, 5.27%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		2,588		2,396		2,396
11116484, 4.51%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		4,116		3,853		3,853
10517466, 4.50%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		10,445		9,778		9,900
11006962, 4.49%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		2,502		2,342		2,347
10112590, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		4,976		4,658		4,836
9960925, 6.41%, 04/21/2027 (b)(c)(d)(f)	Square		10/23/2025		6,176		5,627		107
10864634, 4.50%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		981		919		925
9776447, 5.64%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		2,112		1,945		1,581
10671586, 4.50%, 09/28/2027 (b)(c)(f)	Square		4/1/2026		2,806		2,627		2,676
10214441, 4.50%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		5,159		4,830		4,992

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10350955, 4.50%, 07/20/2027 (b)(c)(f)	Square		1/22/2026	$	14,003	$	13,108	$	13,476
9960444, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		4,747		4,433		4,620
10887909, 5.48%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		4,275		3,946		4,028
10786821, 4.50%, 10/20/2027 (b)(c)(f)	Square		4/22/2026		4,750		4,446		4,510
10046956, 5.22%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		1,313		1,216		1,212
11071940, 4.93%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		31,708		29,501		29,534
10357353, 5.73%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		8,111		7,461		1,373
10296684, 4.50%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		5,415		5,069		5,215
10898450, 4.93%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		7,630		7,099		7,059
10425244, 5.48%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		5,337		4,927		5,014
10369918, 6.40%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		1,663		1,516		1,298
10534020, 4.93%, 09/01/2027 (b)(c)(f)	Square		3/4/2026		8,440		7,853		8,112
10960072, 4.50%, 11/24/2027 (b)(c)(f)	Square		5/28/2026		10,998		10,295		10,354
9817217, 4.66%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		3,518		3,285		3,311
9890248, 5.09%, 04/03/2027 (b)(c)(d)(f)	Square		10/7/2025		33,467		31,064		8,018
9774660, 5.64%, 03/09/2027 (b)(c)(d)(f)	Square		9/11/2025		2,425		2,233		555
11106466, 6.24%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		16,974		15,501		15,447
10992728, 6.06%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		851		779		779
10411233, 6.03%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		3,047		2,791		2,759
9867400, 4.67%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		8,619		8,049		7,002
10296468, 5.23%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		3,552		3,290		3,461
11001001, 5.26%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		6,140		5,686		5,613
10113849, 4.93%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		9,361		8,709		8,906
10686437, 5.48%, 10/01/2027 (b)(c)(f)	Square		4/3/2026		24,096		22,243		22,435
10122663, 6.03%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		1,946		1,782		1,698
10012871, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		1,947		1,822		1,896
11115309, 4.50%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		2,239		2,096		2,096
10164994, 6.39%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		6,753		6,153		3,574
10627260, 5.23%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		5,617		5,203		5,368
10021439, 4.50%, 05/03/2027 (b)(c)(f)	Square		11/5/2025		2,285		2,139		2,235
9985473, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		2,684		2,507		2,632
9925472, 4.66%, 04/11/2027 (b)(c)(f)	Square		10/16/2025		3,208		2,996		2,664
10484623, 4.94%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		1,536		1,429		1,433
10017507, 5.22%, 05/03/2027 (b)(c)(f)	Square		11/5/2025		545		505		528
9937403, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		7,931		7,407		7,770
10227447, 5.47%, 06/19/2027 (b)(c)(f)	Square		12/23/2025		2,156		1,991		2,065
10603197, 6.40%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		2,283		2,080		2,205
10361871, 4.51%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		2,403		2,249		2,288
10373512, 4.50%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		10,444		9,777		10,050
9932411, 5.40%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		15,186		14,034		14,667
10482224, 6.09%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		2,862		2,619		2,737
10237206, 4.50%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		5,574		5,218		5,422
10256118, 6.03%, 06/27/2027 (b)(c)(f)	Square		12/31/2025		2,424		2,220		2,292
9888830, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		1,128		1,053		1,109
10318977, 4.50%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		1,274		1,193		1,221
9997663, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		23,834		22,259		22,993
10644735, 6.09%, 09/23/2027 (b)(c)(f)	Square		3/25/2026		5,697		5,214		5,483
9765037, 4.67%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		992		926		976
10023668, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		4,191		3,923		3,965
9795788, 5.90%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		488		447		472
9855414, 4.67%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		2,367		2,211		2,266
10203593, 5.72%, 06/13/2027 (b)(c)(f)	Square		12/17/2025		752		692		707
9742043, 6.43%, 02/28/2027 (b)(c)(d)(f)	Square		9/4/2025		1,112		1,013		17
10744484, 6.25%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		1,851		1,690		1,745
10024977, 4.93%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		12,011		11,175		3,939
10304283, 6.39%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		18,569		16,921		17,903

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11027916, 4.49%, 12/06/2027 (b)(c)(f)	Square		6/10/2026	$	3,981	$	3,727	$	3,733
11114647, 4.50%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		6,447		6,035		6,037
10476984, 4.93%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		1,345		1,251		1,271
10171669, 6.38%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		610		556		589
10384600, 5.23%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		1,308		1,212		1,236
9923390, 5.09%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		2,764		2,566		2,438
10236246, 4.50%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		1,869		1,749		1,811
11112914, 5.72%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		3,846		3,538		3,539
9936408, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		21,622		20,193		21,181
10062296, 6.39%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		5,561		5,068		5,364
10375783, 4.93%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		2,690		2,503		2,574
10091377, 4.51%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		694		649		683
10376651, 4.52%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		1,030		964		995
9943914, 4.66%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		32,272		30,139		30,301
10493179, 6.09%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		13,874		12,696		8,743
10964056, 5.48%, 11/26/2027 (b)(c)(f)	Square		5/28/2026		10,113		9,335		9,481
10344839, 4.51%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		1,137		1,064		1,090
10058009, 5.23%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		5,440		5,039		4,620
11037976, 4.93%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		14,077		13,097		13,116
9798583, 4.66%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		13,308		12,428		13,015
10880790, 6.06%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		693		634		620
9771020, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		931		869		915
11007058, 5.48%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		18,987		17,526		17,551
10622806, 5.72%, 09/18/2027 (b)(c)(f)	Square		3/20/2026		7,828		7,201		6,915
10324290, 4.50%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		26,296		24,616		25,175
11069499, 6.39%, 12/15/2027 (b)(c)(f)	Square		6/17/2026		7,030		6,406		6,395
10893386, 4.92%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		2,914		2,711		2,745
9884198, 4.66%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		28,188		26,325		23,028
10053892, 4.50%, 05/10/2027 (b)(c)(f)	Square		11/13/2025		21,934		20,533		21,413
11124718, 6.39%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		1,149		1,047		1,047
10157397, 5.48%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		6,245		5,765		5,920
9759592, 6.57%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		942		858		546
10247474, 4.93%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		5,597		5,208		5,265
11031883, 6.43%, 12/08/2027 (b)(c)(f)	Square		6/10/2026		525		478		479
9822903, 4.65%, 03/21/2027 (b)(c)(f)	Square		9/24/2025		964		901		940
9851204, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		2,058		1,922		1,968
10429682, 4.50%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		6,441		6,030		5,662
10960980, 4.92%, 11/25/2027 (b)(c)(f)	Square		5/28/2026		3,543		3,297		3,324
10177073, 5.48%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		3,935		3,632		3,799
11102907, 6.03%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		11,245		10,300		10,271
10162098, 4.50%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		6,320		5,916		6,082
9892866, 6.56%, 04/05/2027 (b)(c)(f)	Square		10/8/2025		5,645		5,132		4,973
9922021, 4.67%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		1,734		1,619		1,711
10969128, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		18,425		17,248		17,384
9916633, 5.09%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		7,479		6,942		7,171
10370081, 5.48%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		9,156		8,452		8,764
10888274, 4.50%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		2,133		1,997		2,017
11116561, 5.24%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		6,919		6,409		6,409
11004279, 6.39%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		36,560		33,315		33,099
10369798, 4.93%, 07/24/2027 (b)(c)(f)	Square		1/28/2026		6,374		5,930		5,810
10926545, 5.23%, 11/15/2027 (b)(c)(f)	Square		5/19/2026		19,977		18,505		18,770
11052786, 5.71%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		1,372		1,262		1,263
10090835, 5.23%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		1,130		1,046		1,081
11001619, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		10,436		9,769		9,792
10756319, 5.23%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		3,899		3,612		3,660
10637447, 5.73%, 09/21/2027 (b)(c)(f)	Square		3/25/2026		2,199		2,023		2,110

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10422332, 6.39%, 08/05/2027 (b)(c)(f)	Square		2/9/2026	$	5,257	$	4,790	$	5,086
10941786, 4.50%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		9,062		8,483		8,561
10352913, 5.24%, 07/20/2027 (b)(c)(f)	Square		1/22/2026		3,693		3,421		3,449
9761550, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		8,590		8,022		8,030
10704851, 6.03%, 10/03/2027 (b)(c)(f)	Square		4/7/2026		2,701		2,474		2,157
10173561, 4.50%, 06/07/2027 (b)(c)(f)	Square		12/10/2025		2,453		2,296		2,394
10565050, 5.47%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		1,375		1,269		1,324
10022093, 4.93%, 05/03/2027 (b)(c)(f)	Square		11/5/2025		11,220		10,439		10,063
10110972, 4.50%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		6,232		5,834		6,073
10899737, 4.50%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		1,719		1,609		1,631
10426258, 6.24%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		6,045		5,520		4,370
10417669, 6.39%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		1,593		1,451		1,554
10478515, 5.27%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		2,597		2,404		2,493
9945120, 5.10%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		2,255		2,093		2,202
11028010, 4.93%, 12/06/2027 (b)(c)(f)	Square		6/10/2026		30,397		28,281		28,302
11021961, 5.24%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		21,525		19,939		19,946
10356600, 5.24%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		2,337		2,164		2,171
10575384, 6.21%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		775		708		609
10980186, 4.50%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		9,450		8,846		8,900
10048725, 4.93%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		966		899		938
10069967, 4.50%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		2,255		2,111		2,191
10957422, 4.51%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		3,695		3,459		3,470
10984845, 6.09%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		8,635		7,903		7,846
9828873, 4.67%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		1,738		1,623		1,694
9907234, 4.66%, 04/08/2027 (b)(c)(f)	Square		10/10/2025		11,098		10,365		10,833
10633960, 4.50%, 09/20/2027 (b)(c)(f)	Square		3/24/2026		10,177		9,527		9,610
10157714, 4.50%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		7,483		7,004		7,256
10070962, 5.49%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		3,121		2,881		2,613
9984942, 4.66%, 04/27/2027 (b)(c)(f)	Square		10/29/2025		3,166		2,957		3,077
10922164, 4.50%, 11/15/2027 (b)(c)(f)	Square		5/19/2026		22,412		20,980		20,624
9800422, 4.67%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		747		698		736
10835038, 5.23%, 10/29/2027 (b)(c)(f)	Square		5/1/2026		1,452		1,345		1,381
10961080, 4.50%, 11/25/2027 (b)(c)(f)	Square		5/28/2026		27,468		25,714		25,425
9996039, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		57,234		53,452		44,233
10342013, 4.50%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		23,897		22,370		23,150
9887872, 5.40%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		2,366		2,187		2,271
10597923, 4.50%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		5,385		5,041		5,188
10403265, 4.92%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		5,246		4,881		4,961
10683935, 4.51%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		1,760		1,647		1,671
10611320, 4.50%, 09/16/2027 (b)(c)(f)	Square		3/18/2026		6,935		6,492		6,646
10224948, 6.39%, 06/18/2027 (b)(c)(f)	Square		12/22/2025		1,548		1,411		1,500
10259763, 4.50%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		5,605		5,247		5,426
10311246, 6.39%, 07/10/2027 (b)(c)(f)	Square		1/14/2026		2,703		2,463		2,622
10507971, 5.47%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		3,788		3,497		3,622
9733955, 4.66%, 02/28/2027 (b)(c)(d)(f)	Square		9/2/2025		3,713		3,468		1,760
10000342, 6.26%, 04/29/2027 (b)(c)(d)(f)	Square		10/31/2025		8,178		7,466		1,247
10061462, 5.48%, 05/12/2027 (b)(c)(f)	Square		11/14/2025		522		482		486
10565243, 4.50%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		6,352		5,946		6,060
10936176, 6.41%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		1,589		1,447		1,480
10410033, 4.50%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		13,887		13,000		13,351
10494286, 5.72%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		1,368		1,258		1,288
10643084, 4.50%, 09/23/2027 (b)(c)(f)	Square		3/25/2026		9,700		9,080		9,298
9914178, 5.65%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		1,516		1,396		1,329
10480187, 4.92%, 08/17/2027 (b)(c)(f)	Square		2/19/2026		3,179		2,958		2,923
10252372, 4.50%, 06/26/2027 (b)(c)(f)	Square		12/30/2025		3,225		3,019		3,143

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10386010, 6.38%, 07/28/2027 (b)(c)(d)(f)	Square		1/30/2026	$	1,096	$	999	$	114
11115745, 4.50%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		4,574		4,282		4,283
10957674, 4.50%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		15,482		14,493		14,618
10011756, 5.27%, 04/30/2027 (b)(c)(d)(f)	Square		11/4/2025		2,908		2,692		389
10939442, 5.48%, 11/19/2027 (b)(c)(f)	Square		5/21/2026		2,936		2,710		2,786
9999174, 5.64%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		2,995		2,758		2,471
10918043, 4.50%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		21,834		20,439		20,629
10413682, 4.93%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		9,637		8,966		9,222
10599701, 4.50%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		5,850		5,476		5,536
10496613, 6.09%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		14,285		13,073		13,668
10021939, 5.27%, 05/03/2027 (b)(c)(d)(f)	Square		11/5/2025		4,016		3,718		529
10392274, 6.39%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		974		888		917
10173299, 6.39%, 06/07/2027 (b)(c)(f)	Square		12/10/2025		4,715		4,296		2,401
10959022, 4.51%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		2,203		2,061		2,068
9917822, 5.64%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		17,865		16,452		17,393
10982974, 5.26%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		3,682		3,409		3,561
10147813, 4.94%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		878		817		846
10188350, 4.50%, 06/10/2027 (b)(c)(f)	Square		12/12/2025		9,422		8,820		9,278
10927967, 6.03%, 11/17/2027 (b)(c)(f)	Square		5/20/2026		13,280		12,164		12,028
9904463, 5.09%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		2,280		2,116		2,155
10971680, 4.50%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		3,221		3,015		2,984
10136381, 4.92%, 05/28/2027 (b)(c)(f)	Square		12/2/2025		2,398		2,232		1,828
10880885, 4.93%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		18,635		17,338		17,667
10868561, 4.93%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		2,827		2,630		2,665
9908482, 4.66%, 04/08/2027 (b)(c)(f)	Square		10/10/2025		27,775		25,940		26,945
10645917, 4.50%, 09/24/2027 (b)(c)(f)	Square		3/26/2026		30,787		28,820		28,999
9995252, 6.54%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		835		759		145
10746335, 5.74%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		1,101		1,012		1,030
10472011, 4.50%, 08/16/2027 (b)(c)(f)	Square		2/19/2026		8,649		8,096		7,681
10492518, 5.23%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		12,898		11,948		10,177
9949723, 4.66%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		12,157		11,353		11,931
10357265, 4.49%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,646		1,541		1,600
11125652, 4.93%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		9,993		9,297		9,296
10075138, 4.50%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		7,980		7,470		7,526
9848632, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		1,333		1,245		1,309
10242050, 5.23%, 06/23/2027 (b)(c)(f)	Square		12/26/2025		19,218		17,803		18,812
9936123, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		3,681		3,438		3,589
10226765, 4.93%, 06/18/2027 (b)(c)(f)	Square		12/22/2025		13,783		12,823		13,066
10576171, 4.50%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		21,802		20,409		20,830
10892050, 5.47%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		1,809		1,670		1,660
10765982, 4.93%, 10/15/2027 (b)(c)(f)	Square		4/17/2026		4,579		4,261		4,358
9804778, 5.09%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		19,334		17,946		18,207
10088598, 5.28%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		224		207		213
11008914, 5.48%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		5,566		5,138		5,140
10883007, 4.50%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		22,340		20,913		21,152
10672150, 6.24%, 09/28/2027 (b)(c)(f)	Square		4/1/2026		1,911		1,745		1,828
10589139, 4.93%, 09/11/2027 (b)(c)(f)	Square		3/13/2026		6,955		6,470		6,666
10408559, 6.03%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		683		625		531
10015668, 4.50%, 05/02/2027 (b)(c)(f)	Square		11/5/2025		2,473		2,314		2,425
9823902, 6.56%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		696		633		673
10024465, 4.50%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		3,326		3,114		3,223
9832344, 4.66%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		7,643		7,205		7,543
9776651, 6.19%, 03/09/2027 (b)(c)(d)(f)	Square		9/11/2025		1,238		1,131		218
10156164, 4.50%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		7,909		7,404		7,718
11094759, 5.24%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		6,076		5,628		5,629
10375650, 4.93%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		3,504		3,260		3,313

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10741252, 5.27%, 10/10/2027 (b)(c)(f)	Square		4/14/2026	$	1,074	$	994	$	980
11114043, 6.39%, 12/24/2027 (b)(c)(f)	Square		6/26/2026		19,547		17,811		17,814
9833239, 5.39%, 03/23/2027 (b)(c)(d)(f)	Square		9/25/2025		2,081		1,923		32
9983151, 6.56%, 04/26/2027 (b)(c)(f)	Square		10/29/2025		8,945		8,132		6,524
10155395, 5.48%, 06/03/2027 (b)(c)(f)	Square		12/5/2025		1,729		1,596		1,655
10617274, 5.72%, 09/17/2027 (b)(c)(f)	Square		3/19/2026		12,521		11,518		11,759
10943887, 5.48%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		3,214		2,967		3,024
11006128, 4.50%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		9,157		8,571		8,595
10472197, 4.93%, 08/16/2027 (b)(c)(f)	Square		2/19/2026		12,688		11,804		9,757
10644134, 6.39%, 09/23/2027 (b)(c)(f)	Square		3/25/2026		3,192		2,908		2,923
10058540, 6.39%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		861		784		843
9789841, 4.66%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		1,489		1,391		1,425
9838039, 6.41%, 03/24/2027 (b)(c)(d)(f)	Square		9/26/2025		9,464		8,622		120
9836738, 4.66%, 03/24/2027 (b)(c)(f)	Square		9/26/2025		6,143		5,737		6,042
11023661, 4.50%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		25,597		23,961		24,000
9915723, 5.40%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		17,401		16,081		16,555
10556006, 6.09%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		3,713		3,398		3,543
10660467, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		6,046		5,659		5,735
10867291, 4.50%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		44,828		41,964		42,448
10145215, 5.47%, 06/01/2027 (b)(c)(f)	Square		12/3/2025		1,234		1,140		1,181
10921655, 4.93%, 11/15/2027 (b)(c)(f)	Square		5/19/2026		6,539		6,083		6,127
10180708, 4.50%, 06/09/2027 (b)(c)(f)	Square		12/11/2025		4,235		3,965		4,127
10865933, 4.50%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		27,680		25,912		26,081
10983573, 6.09%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		1,344		1,230		1,269
11024988, 4.50%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		5,374		5,031		5,040
10468026, 4.50%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		6,581		6,161		6,351
10246578, 4.50%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		4,789		4,483		4,711
10516573, 5.48%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		1,639		1,513		1,474
9781282, 6.25%, 03/10/2027 (b)(c)(f)	Square		9/12/2025		2,082		1,901		1,955
10376697, 6.39%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		858		782		114
10414948, 6.38%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		2,039		1,859		170
9926365, 6.18%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		278		254		244
9974752, 5.64%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		310		286		305
9946747, 4.66%, 04/17/2027 (b)(c)(f)	Square		10/21/2025		2,285		2,134		2,237
11012258, 6.38%, 12/03/2027 (b)(c)(f)	Square		6/5/2026		1,688		1,539		1,537
10426461, 6.39%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		4,724		4,305		4,398
10968906, 6.09%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		2,947		2,697		2,760
11006844, 6.03%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		1,275		1,168		1,141
10165866, 4.93%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		6,378		5,934		5,991
10389478, 5.48%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		11,252		10,387		10,976
11058307, 6.03%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		7,710		7,062		7,037
10297499, 6.39%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		20,082		18,300		10,910
10515738, 4.50%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		6,473		6,060		6,146
10447688, 5.72%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		5,441		5,005		5,220
9742332, 4.68%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		585		546		569
10889582, 4.93%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		19,209		17,872		18,145
9793216, 4.67%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		1,382		1,291		1,366
9933647, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		19,792		18,484		19,091
10415964, 4.50%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		1,498		1,402		1,461
9867853, 4.67%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		1,105		1,032		1,084
10960520, 4.50%, 11/25/2027 (b)(c)(f)	Square		5/28/2026		5,671		5,309		5,363
10445440, 4.50%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		11,675		10,929		11,157
10382138, 4.93%, 07/28/2027 (b)(c)(f)	Square		1/30/2026		20,317		18,903		19,561
10354408, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		4,081		3,820		3,872
10374524, 4.93%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		18,264		16,993		14,616
10906101, 4.50%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		6,660		6,234		6,257

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
11043363, 6.09%, 12/10/2027 (b)(c)(f)	Square		6/12/2026	$	6,382	$	5,841	$	5,836
10488331, 4.50%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		16,443		15,392		15,837
10090290, 5.72%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		4,155		3,822		4,066
9981776, 4.66%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		4,575		4,273		4,422
9903383, 4.66%, 04/07/2027 (b)(c)(f)	Square		10/9/2025		1,386		1,294		1,353
9926390, 5.64%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		16,470		15,168		3,616
10432713, 4.50%, 08/07/2027 (b)(c)(f)	Square		2/11/2026		27,482		25,727		26,286
10435340, 6.39%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		15,389		14,023		14,870
9821745, 4.66%, 03/20/2027 (b)(c)(f)	Square		9/24/2025		4,854		4,533		4,742
10376279, 4.50%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		6,392		5,983		6,147
9926883, 6.56%, 04/13/2027 (b)(c)(f)	Square		10/16/2025		3,578		3,253		2,884
10973213, 5.27%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		2,811		2,603		2,594
10892237, 5.48%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		4,206		3,882		3,923
10104440, 4.93%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		1,221		1,136		1,200
10571569, 4.50%, 09/07/2027 (b)(c)(f)	Square		3/11/2026		19,799		18,534		18,937
10681575, 6.39%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		11,227		10,231		10,563
10443028, 5.23%, 08/10/2027 (b)(c)(f)	Square		2/12/2026		10,843		10,045		10,665
10564731, 4.50%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		4,000		3,745		3,859
10509550, 4.50%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		27,822		26,045		26,776
9760334, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		1,376		1,285		1,346
10898861, 5.47%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		2,886		2,664		2,728
10521817, 5.48%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		3,619		3,341		3,466
9990388, 4.67%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		2,780		2,596		2,693
10365646, 4.50%, 07/23/2027 (b)(c)(f)	Square		1/27/2026		3,446		3,226		3,282
10953209, 6.09%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		3,172		2,903		2,995
9743169, 6.56%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		1,891		1,720		1,746
10958314, 5.72%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		3,944		3,629		3,727
10630715, 6.38%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		1,517		1,383		1,375
10991537, 5.26%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		13,303		12,318		10,996
10917964, 4.94%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		2,209		2,055		2,073
10401351, 4.50%, 08/01/2027 (b)(c)(f)	Square		2/4/2026		6,215		5,818		5,950
10344660, 6.09%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		1,839		1,683		1,789
10344499, 4.50%, 07/17/2027 (b)(c)(f)	Square		1/22/2026		3,241		3,034		3,054
10412661, 4.50%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		7,516		7,035		7,287
10854121, 5.72%, 11/02/2027 (b)(c)(f)	Square		5/6/2026		5,260		4,839		4,752
10499968, 6.09%, 08/21/2027 (b)(c)(f)	Square		2/25/2026		11,184		10,235		9,660
10216265, 4.93%, 06/17/2027 (b)(c)(f)	Square		12/19/2025		12,439		11,573		9,587
9831116, 6.55%, 03/23/2027 (b)(c)(f)	Square		9/25/2025		872		793		762
10561030, 4.93%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		4,288		3,989		4,078
10056765, 5.24%, 05/10/2027 (b)(c)(f)	Square		11/13/2025		9,583		8,876		9,287
10109716, 6.39%, 05/23/2027 (b)(c)(f)	Square		11/26/2025		2,842		2,590		2,089
11075110, 4.50%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		7,444		6,968		6,967
9973726, 5.11%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		874		811		828
9867107, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		2,009		1,876		1,921
9776554, 6.54%, 03/09/2027 (b)(c)(d)(f)	Square		9/11/2025		1,119		1,018		14
10139257, 4.93%, 05/29/2027 (b)(c)(f)	Square		12/3/2025		13,193		12,275		12,394
10611953, 6.09%, 09/16/2027 (b)(c)(f)	Square		3/18/2026		1,952		1,786		1,903
10744704, 5.23%, 10/10/2027 (b)(c)(f)	Square		4/14/2026		7,931		7,347		7,525
10239626, 4.50%, 06/23/2027 (b)(c)(f)	Square		12/26/2025		4,161		3,897		4,028
11052822, 5.23%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		23,106		21,404		21,429
10917087, 6.42%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		1,188		1,082		1,058
9916537, 4.67%, 04/09/2027 (b)(c)(f)	Square		10/14/2025		2,373		2,216		1,987
10892115, 6.24%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		3,229		2,949		3,045
9742184, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		2,875		2,685		2,814
10342793, 5.48%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		4,346		4,012		3,088
9733698, 4.65%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		1,034		966		827

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10297881, 6.09%, 07/07/2027 (b)(c)(f)	Square		1/9/2026	$	5,554	$	5,083	$	5,396
10120417, 6.24%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		1,508		1,377		1,459
10507918, 5.26%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		1,436		1,330		1,306
11102539, 6.10%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		4,064		3,719		3,721
10728282, 5.23%, 10/08/2027 (b)(c)(f)	Square		4/10/2026		48,305		44,747		44,505
10679945, 5.73%, 09/30/2027 (b)(c)(f)	Square		4/1/2026		2,454		2,257		2,391
9965467, 4.66%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		959		896		924
9958915, 6.56%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		726		660		677
9980996, 5.40%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		3,721		3,438		3,615
9851251, 4.67%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		1,034		965		848
9966054, 4.69%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		397		370		388
10863053, 5.23%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		5,378		4,982		5,111
10425173, 4.92%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		1,257		1,169		1,199
10172687, 4.93%, 06/06/2027 (b)(c)(f)	Square		12/10/2025		5,010		4,661		4,809
9819067, 6.56%, 03/19/2027 (b)(c)(d)(f)	Square		9/23/2025		57,433		52,211		1,086
9995589, 4.66%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		5,195		4,863		4,435
10503649, 6.10%, 08/23/2027 (b)(c)(f)	Square		2/25/2026		1,866		1,707		503
10055555, 4.50%, 05/10/2027 (b)(c)(f)	Square		11/13/2025		13,444		12,585		13,160
9766229, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		9,401		8,780		9,215
10051054, 4.50%, 05/09/2027 (b)(c)(f)	Square		11/13/2025		2,324		2,175		2,283
11056405, 5.72%, 12/12/2027 (b)(c)(f)	Square		6/16/2026		37,797		34,770		34,755
10004998, 5.99%, 04/30/2027 (b)(c)(d)(f)	Square		11/3/2025		842		772		14
10003739, 4.50%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		2,587		2,422		2,520
10082622, 6.40%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		4,883		4,449		3,791
10193919, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		3,340		3,127		3,256
11027250, 4.50%, 12/06/2027 (b)(c)(f)	Square		6/10/2026		9,417		8,815		8,831
10430396, 4.50%, 08/06/2027 (b)(c)(f)	Square		2/10/2026		5,756		5,388		5,410
10316340, 5.72%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		399		367		392
10179211, 5.24%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		2,379		2,204		2,337
10469642, 4.50%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		3,792		3,550		3,576
9966707, 4.66%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		43,593		40,712		41,792
9789950, 5.65%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		2,910		2,680		1,706
9973564, 6.56%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		10,656		9,687		4,976
10468553, 6.39%, 08/13/2027 (b)(c)(f)	Square		2/18/2026		1,739		1,590		1,551
10870128, 6.39%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		4,084		3,721		3,832
10996059, 4.50%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		17,272		16,168		16,212
10051217, 4.50%, 05/09/2027 (b)(c)(f)	Square		11/13/2025		3,153		2,952		3,087
11095535, 5.28%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		863		799		791
9757716, 4.66%, 03/04/2027 (b)(c)(f)	Square		9/8/2025		1,067		996		1,031
10380406, 5.48%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		11,703		10,803		11,348
10004031, 6.39%, 04/30/2027 (b)(c)(f)	Square		11/3/2025		931		849		878
10704617, 5.73%, 10/03/2027 (b)(c)(f)	Square		4/7/2026		1,404		1,292		1,309
10000427, 4.66%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		3,620		3,381		3,490
9767496, 4.66%, 03/06/2027 (b)(c)(f)	Square		9/10/2025		1,881		1,756		1,846
9766053, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		4,731		4,419		3,751
10562378, 4.93%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		20,579		19,147		19,629
10540730, 6.09%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		4,066		3,722		3,469
9805614, 4.66%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		2,365		2,209		2,298
9886629, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		10,510		9,815		8,677
10311829, 4.50%, 07/10/2027 (b)(c)(f)	Square		1/14/2026		6,668		6,242		6,497
10685941, 6.40%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		1,003		914		946
10540012, 5.27%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		8,489		7,860		4,531
9869623, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		12,886		12,034		12,143
9945822, 5.09%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		7,731		7,176		7,443
9776507, 6.56%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		3,295		2,996		654
10706677, 4.49%, 10/04/2027 (b)(c)(f)	Square		4/8/2026		3,404		3,187		3,208

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10169294, 4.49%, 06/05/2027 (b)(c)(f)	Square		12/9/2025	$	1,363	$	1,276	$	1,320
10507492, 4.50%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		4,506		4,219		4,300
9869218, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		926		865		903
9896777, 5.40%, 04/06/2027 (b)(c)(f)	Square		10/8/2025		5,016		4,635		4,141
9888085, 4.66%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		6,741		6,296		6,351
10855636, 6.08%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		2,687		2,460		2,478
10841433, 6.09%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		3,561		3,259		3,307
9771096, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		1,155		1,079		1,127
10291497, 4.50%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		2,507		2,347		2,419
11023385, 5.23%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		10,456		9,686		9,702
9764330, 5.40%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		5,353		4,947		5,228
10927391, 5.72%, 11/16/2027 (b)(c)(f)	Square		5/20/2026		19,162		17,628		17,894
10893860, 6.40%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		5,188		4,727		4,817
10931446, 4.50%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		5,948		5,568		5,644
10128411, 4.93%, 05/26/2027 (b)(c)(f)	Square		12/1/2025		1,212		1,127		1,162
9773534, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		15,177		14,174		14,807
10852569, 6.09%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		6,259		5,728		5,033
9805497, 6.56%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		2,044		1,858		1,218
10847804, 4.50%, 11/01/2027 (b)(c)(f)	Square		5/5/2026		50,189		46,982		47,548
10197530, 4.50%, 06/11/2027 (b)(c)(f)	Square		12/15/2025		5,071		4,747		4,904
10189328, 4.50%, 06/10/2027 (b)(c)(f)	Square		12/12/2025		4,155		3,890		4,075
10302706, 4.50%, 07/08/2027 (b)(c)(f)	Square		1/12/2026		3,491		3,268		3,297
10050541, 4.50%, 05/08/2027 (b)(c)(f)	Square		11/13/2025		260		243		255
10354634, 4.50%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		4,239		3,968		4,150
10378772, 4.50%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		6,394		5,985		6,116
10176483, 6.09%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		3,897		3,566		3,107
10079508, 4.49%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		3,169		2,967		2,997
9741921, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		4,987		4,658		4,819
10321919, 4.50%, 07/13/2027 (b)(c)(f)	Square		1/15/2026		37,081		34,712		36,085
9749987, 6.28%, 03/02/2027 (b)(c)(f)	Square		9/4/2025		718		656		592
10484787, 5.73%, 08/18/2027 (b)(c)(f)	Square		2/20/2026		6,230		5,731		6,057
10461570, 4.93%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		38,165		35,509		36,692
10121907, 5.48%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		14,140		13,053		12,094
10842610, 6.39%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		16,825		15,332		16,028
10335991, 6.40%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		2,363		2,153		2,277
9857143, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		3,678		3,435		3,574
9952019, 4.66%, 04/18/2027 (b)(c)(f)	Square		10/22/2025		1,376		1,286		1,340
9748684, 6.26%, 03/02/2027 (b)(c)(f)	Square		9/4/2025		4,168		3,806		3,821
10109362, 4.93%, 05/23/2027 (b)(c)(f)	Square		11/26/2025		3,730		3,470		3,578
10121130, 4.50%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		6,475		6,065		6,271
10548932, 6.23%, 09/04/2027 (b)(c)(f)	Square		3/6/2026		1,090		996		1,026
11000956, 6.22%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		837		764		764
10074320, 6.10%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		2,277		2,084		1,292
10661840, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		3,876		3,628		3,714
9778520, 5.89%, 03/10/2027 (b)(c)(f)	Square		9/12/2025		2,390		2,194		1,090
10565720, 5.23%, 09/05/2027 (b)(c)(f)	Square		3/9/2026		14,236		13,187		11,268
10214060, 4.93%, 06/16/2027 (b)(c)(f)	Square		12/18/2025		3,489		3,246		3,350
10232956, 5.72%, 06/21/2027 (b)(c)(f)	Square		12/24/2025		2,616		2,406		2,464
10618668, 4.51%, 09/17/2027 (b)(c)(f)	Square		3/19/2026		2,270		2,125		2,186
10684054, 4.50%, 09/30/2027 (b)(c)(f)	Square		4/2/2026		16,712		15,644		15,930
9795470, 5.09%, 03/14/2027 (b)(c)(f)	Square		9/17/2025		2,529		2,347		2,454
10450539, 6.10%, 08/11/2027 (b)(c)(f)	Square		2/13/2026		1,889		1,729		1,810
9977101, 5.65%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		1,060		976		1,011
10507659, 6.24%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		2,706		2,472		2,535
10799634, 6.24%, 10/22/2027 (b)(c)(f)	Square		4/24/2026		4,159		3,798		3,922
9793565, 4.66%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		18,046		16,853		16,848

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10605626, 4.50%, 09/14/2027 (b)(c)(f)	Square		3/18/2026	$	22,360	$	20,931	$	20,909
11040639, 6.03%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		9,748		8,929		8,850
10393846, 6.24%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		919		839		876
10855821, 4.50%, 11/03/2027 (b)(c)(f)	Square		5/6/2026		15,758		14,751		14,927
10338909, 4.51%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		2,446		2,290		2,302
9793397, 4.66%, 03/12/2027 (b)(c)(f)	Square		9/16/2025		1,446		1,351		1,425
9844497, 6.56%, 03/25/2027 (b)(c)(d)(f)	Square		9/29/2025		3,150		2,864		532
10959533, 4.51%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		4,483		4,197		4,239
10167309, 4.93%, 06/05/2027 (b)(c)(f)	Square		12/9/2025		23,917		22,252		17,028
10886335, 6.24%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		4,617		4,216		4,446
11026982, 4.50%, 12/06/2027 (b)(c)(f)	Square		6/10/2026		11,320		10,596		10,617
9802728, 5.64%, 03/16/2027 (b)(c)(f)	Square		9/18/2025		7,379		6,796		7,085
10537218, 4.50%, 09/02/2027 (b)(c)(f)	Square		3/4/2026		4,306		4,031		4,135
10778041, 4.50%, 10/17/2027 (b)(c)(f)	Square		4/21/2026		9,987		9,349		9,449
10513738, 5.48%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		3,418		3,155		3,290
10602229, 5.74%, 09/13/2027 (b)(c)(f)	Square		3/17/2026		952		875		889
10859370, 6.09%, 11/04/2027 (b)(c)(f)	Square		5/6/2026		2,399		2,195		2,243
10796484, 4.50%, 10/22/2027 (b)(c)(f)	Square		4/24/2026		10,289		9,632		9,727
9994796, 4.67%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		2,729		2,548		2,656
9777577, 5.09%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		27,922		25,917		23,577
9772316, 4.66%, 03/08/2027 (b)(c)(f)	Square		9/10/2025		481		449		476
9981763, 4.66%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		2,051		1,916		1,735
11061700, 6.10%, 12/13/2027 (b)(c)(f)	Square		6/17/2026		4,539		4,154		4,159
10892019, 5.27%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		401		371		387
9908260, 4.67%, 04/08/2027 (b)(c)(f)	Square		10/10/2025		2,688		2,510		2,594
10531717, 4.50%, 08/27/2027 (b)(c)(f)	Square		3/3/2026		14,875		13,925		14,251
9818708, 6.40%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		2,118		1,930		719
10384394, 6.39%, 07/28/2027 (b)(c)(d)(f)	Square		1/30/2026		3,437		3,132		1,213
10495774, 5.26%, 08/20/2027 (b)(c)(f)	Square		2/24/2026		3,364		3,115		3,251
11120787, 4.50%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		6,778		6,345		6,344
9820180, 4.66%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		1,850		1,728		1,795
9857021, 4.66%, 03/28/2027 (b)(c)(f)	Square		10/1/2025		6,150		5,744		5,053
9991695, 5.89%, 04/28/2027 (b)(c)(f)	Square		10/30/2025		6,899		6,331		6,441
9775601, 4.66%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		13,481		12,591		13,013
11122437, 4.53%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		1,015		950		949
10893118, 6.24%, 11/10/2027 (b)(c)(f)	Square		5/13/2026		5,122		4,678		4,743
10900579, 6.09%, 11/11/2027 (b)(c)(f)	Square		5/13/2026		4,503		4,121		3,725
11070271, 6.09%, 12/16/2027 (b)(c)(f)	Square		6/18/2026		16,651		15,238		15,225
9956766, 5.40%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		5,139		4,749		4,717
9957359, 4.66%, 04/20/2027 (b)(c)(f)	Square		10/22/2025		4,509		4,211		4,446
10200813, 4.51%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		1,475		1,381		1,410
10248949, 4.50%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		3,875		3,627		3,765
10668710, 6.09%, 09/27/2027 (b)(c)(f)	Square		3/31/2026		2,998		2,743		2,890
10203256, 4.50%, 06/13/2027 (b)(c)(f)	Square		12/17/2025		1,983		1,857		1,938
9844439, 5.09%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		876		813		855
10328271, 4.50%, 07/14/2027 (b)(c)(f)	Square		1/16/2026		11,015		10,312		10,700
10074197, 5.48%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		887		819		752
10398707, 4.50%, 07/30/2027 (b)(c)(f)	Square		2/3/2026		3,687		3,452		3,484
10406415, 6.40%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		2,504		2,282		2,426
10356701, 4.49%, 07/21/2027 (b)(c)(f)	Square		1/23/2026		1,522		1,425		1,439
10342964, 6.39%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		10,155		9,253		5,149
9820820, 5.09%, 03/19/2027 (b)(c)(d)(f)	Square		9/23/2025		6,577		6,104		3,193
10959135, 5.27%, 11/23/2027 (b)(c)(f)	Square		5/28/2026		5,566		5,154		5,303
10662543, 4.50%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		12,602		11,796		11,951
9937717, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		16,065		15,003		15,789
10414534, 4.50%, 08/04/2027 (b)(c)(f)	Square		2/6/2026		8,777		8,216		8,434

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10040883, 4.50%, 05/06/2027 (b)(c)(f)	Square		11/10/2025	$	9,212	$	8,624	$	8,953
9967678, 5.09%, 04/22/2027 (b)(c)(f)	Square		10/24/2025		8,380		7,778		8,181
11037385, 6.39%, 12/09/2027 (b)(c)(f)	Square		6/11/2026		1,845		1,681		1,672
10516086, 5.23%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		9,120		8,448		8,791
10885775, 6.09%, 11/07/2027 (b)(c)(f)	Square		5/11/2026		9,541		8,731		8,804
10024693, 6.09%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		6,640		6,077		5,649
10389390, 4.94%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		2,073		1,929		2,004
11087027, 4.93%, 12/18/2027 (b)(c)(f)	Square		6/23/2026		62,005		57,689		57,706
9951253, 6.25%, 04/17/2027 (b)(c)(d)(f)	Square		10/21/2025		7,246		6,616		109
9887008, 5.09%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		2,061		1,913		1,800
10048101, 6.09%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		7,505		6,954		7,080
10409226, 5.72%, 08/03/2027 (b)(c)(f)	Square		2/5/2026		4,714		4,336		4,592
10049169, 4.50%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		6,378		5,970		6,182
10376534, 5.72%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		1,147		1,055		1,069
11109347, 4.50%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		66,192		61,964		61,987
10528434, 6.40%, 08/27/2027 (b)(c)(f)	Square		3/3/2026		1,250		1,139		1,212
9815396, 5.10%, 03/18/2027 (b)(c)(f)	Square		9/22/2025		4,821		4,474		4,139
10404501, 5.48%, 08/02/2027 (b)(c)(f)	Square		2/4/2026		26,115		24,107		24,117
9972657, 4.66%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		4,284		4,002		3,589
10028690, 5.73%, 05/05/2027 (b)(c)(f)	Square		11/7/2025		708		651		641
10078084, 6.36%, 05/16/2027 (b)(c)(f)	Square		11/19/2025		344		314		320
10471663, 5.47%, 08/15/2027 (b)(c)(f)	Square		2/19/2026		1,487		1,373		1,397
10458332, 5.72%, 08/12/2027 (b)(c)(f)	Square		2/17/2026		6,781		6,238		6,504
11098415, 6.40%, 12/21/2027 (b)(c)(f)	Square		6/24/2026		2,990		2,724		2,723
10776636, 4.50%, 10/17/2027 (b)(c)(f)	Square		4/21/2026		5,946		5,566		5,635
10944009, 4.50%, 11/20/2027 (b)(c)(f)	Square		5/22/2026		8,837		8,272		8,360
10081489, 4.50%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		17,205		16,106		16,830
10260417, 4.49%, 06/29/2027 (b)(c)(f)	Square		12/31/2025		1,462		1,368		1,414
10980467, 5.48%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		12,633		11,662		11,236
10081470, 6.39%, 05/17/2027 (b)(c)(f)	Square		11/19/2025		667		608		509
10513264, 4.50%, 08/25/2027 (b)(c)(f)	Square		2/27/2026		3,795		3,552		3,614
9871555, 5.40%, 04/01/2027 (b)(c)(f)	Square		10/3/2025		433		400		426
9821535, 4.66%, 03/20/2027 (b)(c)(f)	Square		9/24/2025		5,692		5,316		5,596
10845265, 4.50%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		29,987		28,072		28,198
10248436, 5.48%, 06/24/2027 (b)(c)(f)	Square		12/29/2025		3,057		2,822		2,866
9995934, 6.26%, 04/29/2027 (b)(c)(f)	Square		10/31/2025		1,197		1,093		1,171
10664806, 4.93%, 09/26/2027 (b)(c)(f)	Square		3/30/2026		8,310		7,731		8,028
9982005, 6.56%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		600		546		532
10316641, 6.40%, 07/12/2027 (b)(c)(f)	Square		1/14/2026		1,146		1,045		1,103
9846624, 4.66%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		43,416		40,548		41,620
9944706, 5.89%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		863		792		834
10379105, 4.50%, 07/27/2027 (b)(c)(f)	Square		1/29/2026		1,465		1,372		1,398
10400711, 4.50%, 07/31/2027 (b)(c)(f)	Square		2/4/2026		11,492		10,758		11,194
10392257, 6.01%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		524		480		341
10630262, 4.49%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		2,241		2,098		2,162
10092756, 4.93%, 05/19/2027 (b)(c)(f)	Square		11/21/2025		31,160		28,991		30,020
10390830, 4.93%, 07/29/2027 (b)(c)(f)	Square		2/2/2026		14,564		13,550		14,161
9826727, 4.66%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		15,847		14,799		12,301
10759914, 4.93%, 10/14/2027 (b)(c)(f)	Square		4/16/2026		2,505		2,330		2,371
9800231, 4.66%, 03/15/2027 (b)(c)(f)	Square		9/17/2025		820		766		804
9852493, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		2,445		2,283		2,359
9794417, 4.67%, 03/13/2027 (b)(c)(f)	Square		9/17/2025		2,313		2,160		2,267
10165216, 5.23%, 06/04/2027 (b)(c)(f)	Square		12/8/2025		6,564		6,081		6,285
9931423, 4.66%, 04/14/2027 (b)(c)(f)	Square		10/16/2025		1,389		1,297		1,345
11085106, 4.50%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		5,535		5,181		5,184
9827978, 6.25%, 03/22/2027 (b)(c)(f)	Square		9/24/2025		1,444		1,318		1,356

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
9882498, 5.64%, 04/02/2027 (b)(c)(f)	Square		10/6/2025	$	1,204	$	1,109	$	1,161
11082754, 6.39%, 12/17/2027 (b)(c)(f)	Square		6/22/2026		1,140		1,039		1,039
9868835, 6.56%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		532		484		514
9768203, 6.25%, 03/07/2027 (b)(c)(f)	Square		9/10/2025		621		567		569
10807128, 4.50%, 10/23/2027 (b)(c)(f)	Square		4/27/2026		9,083		8,503		8,602
9963668, 4.66%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		4,591		4,287		4,468
10508642, 6.38%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		855		779		744
10886216, 5.26%, 11/08/2027 (b)(c)(f)	Square		5/12/2026		1,048		970		970
10235503, 4.93%, 06/22/2027 (b)(c)(f)	Square		12/24/2025		5,401		5,025		5,254
11098896, 4.51%, 12/21/2027 (b)(c)(f)	Square		6/24/2026		2,356		2,205		2,205
9776718, 6.26%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		1,088		993		1,045
10077148, 4.50%, 05/15/2027 (b)(c)(f)	Square		11/19/2025		6,868		6,429		6,698
9765677, 4.66%, 03/05/2027 (b)(c)(f)	Square		9/9/2025		11,128		10,392		10,794
10546249, 5.72%, 09/03/2027 (b)(c)(f)	Square		3/5/2026		1,024		942		992
10086346, 4.50%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		7,950		7,442		7,531
11026685, 6.39%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		2,323		2,117		2,123
10875147, 6.39%, 11/06/2027 (b)(c)(f)	Square		5/8/2026		4,330		3,945		3,787
10953007, 4.50%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		5,858		5,483		5,408
10347464, 6.23%, 07/19/2027 (b)(c)(f)	Square		1/22/2026		244		223		238
11054860, 6.05%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		1,288		1,179		1,181
10102893, 4.49%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		2,080		1,947		2,021
9733725, 4.67%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		3,598		3,360		3,519
10926713, 5.48%, 11/16/2027 (b)(c)(f)	Square		5/20/2026		14,712		13,581		13,673
10844615, 6.11%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		1,393		1,275		1,285
9740663, 4.64%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		383		358		354
10047837, 6.09%, 05/07/2027 (b)(c)(f)	Square		11/12/2025		1,566		1,434		1,324
10291632, 6.03%, 07/06/2027 (b)(c)(f)	Square		1/8/2026		5,067		4,641		2,294
10086598, 4.92%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		632		588		622
9946039, 5.09%, 04/16/2027 (b)(c)(f)	Square		10/20/2025		2,623		2,435		2,544
10842216, 4.93%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		3,272		3,044		3,024
10115423, 4.51%, 05/24/2027 (b)(c)(f)	Square		11/26/2025		3,152		2,951		2,968
10339022, 6.03%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		1,279		1,172		962
10600140, 4.50%, 09/12/2027 (b)(c)(f)	Square		3/16/2026		5,110		4,784		4,898
10050383, 4.93%, 05/08/2027 (b)(c)(f)	Square		11/13/2025		3,769		3,506		3,640
9818785, 4.66%, 03/19/2027 (b)(c)(f)	Square		9/23/2025		4,827		4,508		4,729
11018159, 6.39%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		5,443		4,960		4,958
10654566, 6.39%, 09/25/2027 (b)(c)(f)	Square		3/27/2026		38,229		34,836		36,052
10504101, 4.50%, 08/23/2027 (b)(c)(f)	Square		2/25/2026		2,947		2,759		2,517
10439188, 4.50%, 08/09/2027 (b)(c)(f)	Square		2/11/2026		9,731		9,109		9,304
10233210, 4.51%, 06/21/2027 (b)(c)(f)	Square		12/24/2025		3,122		2,923		2,950
10949244, 4.50%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		52,266		48,927		49,353
9888782, 4.67%, 04/03/2027 (b)(c)(f)	Square		10/7/2025		475		443		468
10021125, 4.93%, 05/03/2027 (b)(c)(f)	Square		11/5/2025		3,714		3,456		3,609
10790933, 6.03%, 10/21/2027 (b)(c)(f)	Square		4/23/2026		1,347		1,233		1,308
11109150, 4.50%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		7,378		6,906		6,909
9946277, 4.66%, 04/16/2027 (b)(c)(f)	Square		10/21/2025		25,533		23,845		21,075
10085755, 4.93%, 05/18/2027 (b)(c)(f)	Square		11/20/2025		2,992		2,784		2,867
9961660, 5.09%, 04/21/2027 (b)(c)(f)	Square		10/23/2025		6,702		6,221		6,468
10173249, 6.38%, 06/06/2027 (b)(c)(f)	Square		12/10/2025		516		470		496
10511517, 6.24%, 08/24/2027 (b)(c)(f)	Square		2/26/2026		1,432		1,308		1,320
10118831, 5.23%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		2,383		2,208		1,735
10879306, 4.50%, 11/06/2027 (b)(c)(f)	Square		5/11/2026		7,135		6,679		6,744
9981936, 6.38%, 04/25/2027 (b)(c)(f)	Square		10/29/2025		308		280		287
9776673, 4.67%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		917		857		897
10992410, 6.09%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		1,068		977		973
10865269, 6.24%, 11/05/2027 (b)(c)(f)	Square		5/7/2026		3,911		3,572		3,608

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
10508296, 6.09%, 08/24/2027 (b)(c)(f)	Square		2/26/2026	$	5,177	$	4,738	$	1,529
10109317, 6.41%, 05/23/2027 (b)(c)(f)	Square		11/26/2025		951		866		816
10983603, 4.51%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		4,349		4,070		4,117
9936008, 4.66%, 04/15/2027 (b)(c)(f)	Square		10/17/2025		950		887		932
10933146, 6.39%, 11/18/2027 (b)(c)(f)	Square		5/20/2026		10,914		9,945		10,167
10122732, 6.39%, 05/25/2027 (b)(c)(f)	Square		11/28/2025		12,157		11,078		10,438
10995853, 4.50%, 12/01/2027 (b)(c)(f)	Square		6/3/2026		1,635		1,531		1,530
10578541, 6.09%, 09/09/2027 (b)(c)(f)	Square		3/11/2026		1,470		1,345		1,419
9869821, 4.66%, 03/30/2027 (b)(c)(f)	Square		10/2/2025		18,974		17,720		15,570
9767651, 4.66%, 03/07/2027 (b)(c)(f)	Square		9/10/2025		385		359		381
10957209, 6.09%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		4,014		3,673		3,751
11021251, 4.50%, 12/04/2027 (b)(c)(f)	Square		6/8/2026		12,627		11,820		11,844
9976912, 6.57%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		994		903		643
11103452, 6.09%, 12/22/2027 (b)(c)(f)	Square		6/24/2026		8,765		8,021		8,021
10177513, 4.94%, 06/08/2027 (b)(c)(f)	Square		12/10/2025		928		863		900
11005500, 5.48%, 12/02/2027 (b)(c)(f)	Square		6/4/2026		4,803		4,434		4,424
10375245, 6.03%, 07/26/2027 (b)(c)(f)	Square		1/28/2026		116		106		112
10337810, 4.50%, 07/15/2027 (b)(c)(f)	Square		1/20/2026		5,010		4,690		4,367
10072253, 4.50%, 05/14/2027 (b)(c)(f)	Square		11/18/2025		14,297		13,384		13,768
10011809, 5.23%, 04/30/2027 (b)(c)(f)	Square		11/4/2025		2,345		2,173		2,304
11055852, 6.40%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		2,466		2,247		2,237
10992453, 6.40%, 11/30/2027 (b)(c)(f)	Square		6/3/2026		1,114		1,015		1,046
10341154, 5.24%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		3,974		3,681		3,822
9806169, 5.09%, 03/17/2027 (b)(c)(f)	Square		9/19/2025		18,799		17,449		18,342
10198655, 4.50%, 06/12/2027 (b)(c)(f)	Square		12/16/2025		9,365		8,766		9,104
9754414, 5.64%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		5,859		5,396		4,029
11025202, 4.50%, 12/05/2027 (b)(c)(f)	Square		6/9/2026		54,820		51,318		51,417
9855768, 6.25%, 03/27/2027 (b)(c)(f)	Square		10/1/2025		1,758		1,605		1,678
9774885, 5.41%, 03/09/2027 (b)(c)(f)	Square		9/11/2025		831		767		771
9852217, 4.66%, 03/26/2027 (b)(c)(f)	Square		9/30/2025		3,284		3,067		3,169
9738182, 6.41%, 02/28/2027 (b)(c)(f)	Square		9/3/2025		622		566		450
10892830, 6.39%, 11/09/2027 (b)(c)(f)	Square		5/13/2026		6,901		6,289		6,255
10024211, 5.24%, 05/04/2027 (b)(c)(f)	Square		11/6/2025		3,012		2,790		2,602
10340954, 5.48%, 07/16/2027 (b)(c)(f)	Square		1/21/2026		3,019		2,786		2,957
10917555, 5.48%, 11/14/2027 (b)(c)(f)	Square		5/18/2026		8,827		8,148		8,204
9741888, 5.40%, 02/28/2027 (b)(c)(f)	Square		9/4/2025		2,007		1,855		1,726
9886413, 5.43%, 04/02/2027 (b)(c)(f)	Square		10/6/2025		373		344		289
10847021, 4.50%, 10/30/2027 (b)(c)(f)	Square		5/4/2026		4,076		3,816		3,868
11055012, 4.51%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		3,782		3,540		3,545
10753428, 4.49%, 10/13/2027 (b)(c)(f)	Square		4/15/2026		2,578		2,414		2,456
10967996, 6.40%, 11/27/2027 (b)(c)(f)	Square		5/29/2026		2,186		1,992		2,023
11126277, 5.71%, 12/25/2027 (b)(c)(f)	Square		6/29/2026		2,945		2,710		2,709
10103236, 4.50%, 05/21/2027 (b)(c)(f)	Square		11/25/2025		531		497		518
10626877, 5.73%, 09/19/2027 (b)(c)(f)	Square		3/23/2026		1,800		1,655		1,724
9842834, 4.66%, 03/25/2027 (b)(c)(f)	Square		9/29/2025		3,229		3,016		3,154
9891735, 5.89%, 04/04/2027 (b)(c)(f)	Square		10/8/2025		3,948		3,623		3,280
10040079, 6.23%, 05/06/2027 (b)(c)(f)	Square		11/10/2025		235		215		226
10612252, 5.22%, 09/16/2027 (b)(c)(f)	Square		3/18/2026		1,492		1,382		1,397
9981353, 4.66%, 04/24/2027 (b)(c)(f)	Square		10/28/2025		5,946		5,553		5,036
9973404, 6.26%, 04/23/2027 (b)(c)(f)	Square		10/27/2025		2,801		2,562		2,693
10058664, 5.23%, 05/11/2027 (b)(c)(f)	Square		11/14/2025		22,683		21,012		21,839
9734481, 4.66%, 02/28/2027 (b)(c)(f)	Square		9/2/2025		30,574		28,555		28,224
10070945, 6.10%, 05/13/2027 (b)(c)(f)	Square		11/17/2025		1,369		1,253		1,173
10352493, 5.72%, 07/20/2027 (b)(c)(f)	Square		1/22/2026		6,394		5,882		5,834
10531442, 4.93%, 08/27/2027 (b)(c)(f)	Square		3/3/2026		2,706		2,518		2,533
10421245, 4.50%, 08/05/2027 (b)(c)(f)	Square		2/9/2026		4,030		3,773		3,835

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
9829461, 4.66%, 03/23/2027 (b)(c)(f)	Square		9/25/2025	$	3,359	$	3,137	$	3,302
10523652, 4.50%, 08/26/2027 (b)(c)(f)	Square		3/2/2026		22,587		21,144		21,543
10490456, 4.93%, 08/19/2027 (b)(c)(f)	Square		2/23/2026		1,878		1,747		1,773
9753238, 4.66%, 03/03/2027 (b)(c)(f)	Square		9/5/2025		21,071		19,678		20,358
10140300, 4.50%, 05/29/2027 (b)(c)(f)	Square		12/3/2025		11,092		10,383		10,829
10905452, 4.92%, 11/12/2027 (b)(c)(f)	Square		5/14/2026		6,384		5,940		4,672
9924439, 5.40%, 04/10/2027 (b)(c)(f)	Square		10/15/2025		218		201		215
10294720, 6.39%, 07/07/2027 (b)(c)(f)	Square		1/9/2026		424		386		415
10958601, 5.72%, 11/22/2027 (b)(c)(f)	Square		5/27/2026		1,763		1,621		1,657
10363654, 5.24%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		2,043		1,893		1,924
10811494, 6.03%, 10/24/2027 (b)(c)(f)	Square		4/28/2026		1,627		1,490		1,505
11051567, 5.26%, 12/11/2027 (b)(c)(f)	Square		6/15/2026		1,896		1,756		1,756
10370772, 4.50%, 07/25/2027 (b)(c)(f)	Square		1/28/2026		7,360		6,889		7,118
10637885, 4.50%, 09/21/2027 (b)(c)(f)	Square		3/25/2026		26,306		24,627		24,507
10977622, 6.04%, 11/28/2027 (b)(c)(f)	Square		6/1/2026		3,132		2,868		2,916
10363442, 4.50%, 07/22/2027 (b)(c)(f)	Square		1/26/2026		6,763		6,331		6,542
9893438, 5.09%, 04/05/2027 (b)(c)(f)	Square		10/8/2025		1,401		1,300		1,323
10952866, 6.39%, 11/21/2027 (b)(c)(f)	Square		5/26/2026		3,575		3,258		3,380
11111045, 6.39%, 12/23/2027 (b)(c)(f)	Square		6/25/2026		17,057		15,543		15,537
9808618, 6.21%, 03/17/2027 (b)(c)(d)(f)	Square		9/19/2025		792		723		17
10252938, 4.50%, 06/26/2027 (b)(c)(f)	Square		12/30/2025		64,919		60,772		57,023
11131816, 4.50%, 12/26/2027 (b)(c)(f)	Square		6/30/2026		17,593		16,469		16,469
11130044, 4.50%, 12/26/2027 (b)(c)(f)	Square		6/30/2026		57,545		53,869		53,869
11126786, 5.23%, 12/26/2027 (b)(c)(f)	Square		6/30/2026		69,269		64,165		64,165

Total Small Business Loans							15,055,743		14,394,131

Total Whole Loans							19,674,180		17,755,539

Asset-Backed Securities - 26.5%				Quantity
United States - 26.5%
BHG Owner Loan Trust Series 2026-1CON, 26.00%, 07/17/2037 (c)(i)			5/22/2026		3,083		1,726,993	$	1,722,810
CCAS 2024-1 LLC, 13.07%, 06/16/2031 (g)			11/3/2025		408,000		411,946		413,046.00
LEDN Issuer Trust 2026-1, 9.79%, 02/25/2041			2/18/2026		300,000		299,998		298,067
Monroe Capital ABS Funding II LP, 9.66%, 01/07/2036 (c)			12/19/2025		3,900,000		3,900,000		3,898,610
Pagaya Ai Debt Grantor Trust 2025-6, 8.48%, 04/15/2033 (g)			9/11/2025		4,999,539		4,999,539		5,001,819
Pagaya AI Debt Grantor Trust 2026-1, 9.23%, 09/15/2033 (g)			1/30/2026		526,657		526,657		524,485
Pagaya AI Debt Grantor Trust 2026-2, 10.28%, 11/15/2033 (g)			3/31/2026		2,500,000		2,500,000		2,512,694
Upgrade Master Pass-Thru Trust Series 2025-ST6, 15.11%, 10/15/2032 (c)(h)(g)(i)			9/3/2025		12,200,000		7,480,070		6,774,927
Upgrade Master Pass-Thru Trust Series 2026-ST1, 14.25%, 03/15/2034 (c)(h)(g)(i)			2/6/2026		1,090,000		868,762		860,137
Upstart Asset Trust II Series 2026-1-GS, 14.50%, 06/20/2032 (c)(h)(i)			5/26/2026		6,000		2,006,008		2,004,370
UPSTART Securitization Trust 2026-1, 17.00%, 03/20/2036 (c)(h)(i)			3/18/2026		2,472		1,927,852		1,933,832
Total Asset-Backed Securities							26,647,825		25,944,797

Corporate Loans - 60.5% (a)				Principal Amount
United States - 60.5%
Alloy Merchant Finance LLC, 10.12% (1 mo. SOFR US + 6.50%), 01/16/2029 (c)			8/28/2025	$	6,450,000	$	6,475,233	$	6,453,949

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026


	Platform	Original Acquisition Date		Principal Amount		Cost		Fair Value
D. Miller & Associates T/L B, 22.73% (1 mo. SOFR US + 19.11%), 12/31/2026 (c)			8/21/2025	$	5,617,763	$	5,622,855	$	5,617,763
D. Miller & Associates T/L C, 20.73% (1 mo. SOFR US + 17.11%), 12/31/2026 (c)			8/21/2025		1,700,421		1,700,421		1,700,421
D. Miller & Associates T/L D, 20.73% (1 mo. SOFR US + 17.11%), 12/31/2026 (c)			8/21/2025		1,076,027		1,076,027		1,076,027
HIDDEN ROAD REVOLVER A 4/26, (1 mo. SOFR US + 9.50%), 07/15/2028 (c)(m)			4/15/2026		-		(219,193)		(219,193)
HIDDEN ROAD REVOLVER B 4/26, (1 mo. SOFR US + 9.50%), 07/15/2028 (c)(m)			4/15/2026		-		(4,473)		(4,473)
Iru Term Loan, 10.66% (3 mo. SOFR US + 7.00%), 03/12/2031 (c)			3/12/2026		10,076,667		9,730,319		9,731,532
P.A. Addi-Victoria Delayed Draw T/L B, 12.00% (1 mo. SOFR US + 8.00%), 10/17/2027 (c)			9/8/2025		10,000,000		10,048,425		9,953,978
Perk Term Loan, 10.64% (3 mo. SOFR US + 7.00%), 05/13/2031 (c)			5/13/2026		5,000,000		4,816,322		4,816,165
SFS HOLDCO 1L REVOLVER 9/25, 10.66% (3 mo. SOFR US + 7.00%), 10/02/2028 (c)			10/1/2025		268,293		265,145		265,267
SFS HOLDCO 1L TL 9/25, 10.66% (3 mo. SOFR US + 7.00%), 10/02/2028 (c)			10/1/2025		15,000,000		14,823,999		14,830,839
Vestwell Holdings Delayed Draw T/L, 10.66% (3 mo. SOFR US + 7.00%), 01/30/2031 (c)			1/30/2026		133,336		133,336		126,985
Vestwell Holdings T/L, 10.66% (3 mo. SOFR US + 7.00%), 01/30/2031 (c)			1/30/2026		5,000,000		4,754,101		4,761,842
Total Corporate Loans							59,222,517		59,111,102

Corporate Bonds - 9.2% (a)				Face Value
United States - 9.2%
ALCAR Inc., 11.00%, 09/01/2027 (c)			8/28/2025		9,000,000		9,007,938		8,968,183
Total Corporate Bonds							9,007,938		8,968,183
Warrants - 0.7%
Financial Services - 0.7%					Quantity
United States - 0.7%
Iru Warrant (c)(j)			3/12/2026		30,767		262,976		396,430
Perk Warrant (c)(j)			5/13/2026		4,169		140,364		138,247
Vestwell Warrant (c)(j)			1/30/2026		5,493		163,746		163,745
Total Warrants							567,086		698,422
Preferred Stock - 3.2%
Financial Services - 3.2%					Shares
United States - 3.2%
UPGRADE, Inc. (c)(j)			9/30/2025		340,275		2,081,531		2,240,934
Vestwell Preferred Equity (c)(j)			1/30/2026		27,833		857,093		875,964
Total Preferred Stock							2,938,624		3,116,898
Private Funds - 13.4%
United States - 13.4%
PAYJOY, Inc. (j)(l)			5/21/2026		4,900,000		4,900,000		4,900,000
Concora 2022 Backbook (c)(j)			2/6/2026		8,333,881		8,333,881		8,237,018
Total Private Funds							13,233,881		13,137,018

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026

Platform

Original

Acquisition

Date

Shares

Cost

Fair Value

Short-Term Investments - 3.4%

Cash and Cash Equivalents - 3.4%

Money Market Funds - 3.4%

United States - 3.4%

First American Government Obligations Fund Class V, 3.41% (k)

3,280,277

Total Money Market Funds

3,280,277

Total Investments - 135.0%

134,572,328

132,012,236

Liabilities in Excess of Other Assets - (35.0)%

(34,251,964)

Total Net Assets - 100.0%

97,760,272

Percentages are stated as a percent of total net assets. Principal amounts are stated in U.S. Dollars unless otherwise stated. SOFR: Secured Overnight Financing Rate.

(a)	Securities are pledged as collateral for the Fund’s line of credit facility.

(b)	Security may be deemed restricted to resale to institutional investors. The aggregate value of these securities is $17,755,539 which represents 18.2% of net assets.

(c)	Security is fair valued by the Adviser pursuant to procedures approved by the Board of Trustees. Value is determined using significant unobservable inputs. The aggregate value of these securities is $115,081,848 which represents 117.7% of net assets.

(d)	Non-income producing security due to default or delinquency. The aggregate value of these securities is $168,769 which represents 0.2% of net assets.

(e)	Delinquent or defaulted loans that have matured but are still in repayment process. The aggregate value of these securities is $7,130 which represents 0.0% of net assets.

(f)	Rate shown is an effective rate based on an 18-month maturity date.

(g)	Security is pledged as collateral for the Fund’s reverse repurchase agreements.

(h)	Underlying holdings are consumer loans.

(i)	Represents residual tranche; rate shown represents estimated effective yield.

(j)	Security is restricted to resale to institutional investors. The aggregate value of these securities is $16,952,338 which represents 17.3% of net assets.

(k)	Rate shown is 7-day effective yield. $2,595,542 of this security is pledged as collateral for the Fund’s line of credit facility.

(l)	Investment measured at net asset value.

(m)	The negative cost and fair value results from unamortized fees, which are capitalized to the investment cost of unfunded commitments.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Consolidated Schedule of Investments

(expressed in U.S. Dollars)

As of June 30, 2026

Reverse Repurchase Agreements


Reverse Repurchase Agreements Sold	PRINCIPAL VALUE
Repurchase Agreement with Goldman Sachs Bank USA, dated 05/19/2026, 5.94%, collateralized by $860,137 of Asset Backed Securities, due 08/19/2026	$	982,368
Repurchase Agreement with Goldman Sachs Bank USA, dated 05/19/2026, 5.94%, collateralized by $524,485 of Asset Backed Securities, due 08/19/2026		484,840
Repurchase Agreement with Goldman Sachs Bank USA, dated 06/10/2026, 5.16%, collateralized by $5,001,820 of Asset Backed Securities, due 09/10/2026		3,503,177
Repurchase Agreement with Goldman Sachs Bank USA, dated 05/19/2026, 5.14%, collateralized by $413,046 of Asset Backed Securities, due 08/19/2026		309,703
Repurchase Agreement with Goldman Sachs Bank USA, dated 06/10/2026, 6.12%, collateralized by $2,512,694 of Asset Backed Securities, due 07/10/2026		903,000
Repurchase Agreement with Goldman Sachs Bank USA, dated 06/10/2026, 5.91%, collateralized by $6,774,927 of Asset Backed Securities, due 09/10/2026		5,871,250

Total Reverse Repurchase Agreements Sold	$	12,054,338

Open Risk Share Contracts

Description: Asset-Backed Securities - United States

Type: Receive/Pay (two-way protection)

Strike: Actual return (net annualized return) greater than or less than expected return


Reference Entity Investment	Counterparty		Reference Entity Vintage		Original Notional		Maximum Payment Cap %			Payment Cap		Termination Date		Notional Value		Average Notional Outstanding in Period		Unrealized Appreciation/ (Depreciation)
Contract 1⁽¹⁾⁽²⁾		A		2025-08	$	15,118,500		5.00	%	$	755,925		August 26, 2030	$	10,927,142	$	12,108,614	$	(82,519)
Contract 4⁽¹⁾⁽²⁾		A		2026-01		2,126,565		9.00	%		191,391		June 20, 2032		2,042,334		2,086,826		-

Total Open Risk Share Contracts, two-way protection																		$	(82,519)


Type: Receive (downside protection)
Strike: Actual losses (cumulative net defaults) greater than expected losses
Contract 2⁽¹⁾⁽²⁾		B		2025-06	$	12,200,000		4.00	%	$	1,626,641		October 15, 2032	$	7,979,450	$	9,212,656	$	283,343
Contract 3⁽¹⁾⁽²⁾		B		2026-01		1,090,000		6.00	%		217,998		March 15, 2034		899,073		1,000,007		3,331

Total Open Risk Share Contracts, downside protection																			286,674

Total Open Risk Share Contracts																		$	204,155

(1) Contract is non-income producing and is fair valued by a third-party valuation specialist pursuant to procedures approved by the Board of Trustees. Value is determined using significant unobservable inputs.

(2) Contract is restricted to resale. The aggregate value of these contracts is $204,155 which represents 0.2% of net assets.

(3) Reported as a realized gain in the Consolidated Statement of Operations.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

Consolidated Financial Highlights

(expressed in U.S. Dollars)

For the Six Months ended June 30, 2026

The following represents per Share data, ratios to average Net Assets and other financial highlights information for Shareholders for the period from commencement of operations through June 30, 2026


	Period Ended June 30, 2026 (Unaudited)				Year Ended December 31, 2025
Per Share Data:
Net asset value, beginning of period		$9.95				$10.00
Income from investment operations
Net investment income⁽¹⁾		0.66				0.55
Net realized and unrealized gains (losses)		(0.14)				(0.20)

Total from investment operations		0.52				0.35

Less distributions to shareholders
Distributions from net investment income		(0.34)				(0.40)

Total distributions		(0.34)				(0.40)

Net asset value, end of period		$10.13				$9.95

Total return⁽²⁾⁽³⁾		5.25%				3.54%

Supplemental Data and Ratios:
Net assets, end of period (000s)		$97,760			$	72,635
Ratio of expenses to average net assets (before expense reimbursement/recoupment)⁽⁴⁾		7.99%	⁽⁶⁾			11.42%	⁽⁵⁾
Ratio of expenses to average net assets (after expense reimbursement/recoupment)⁽⁴⁾		6.23%	⁽⁶⁾			7.65%	⁽⁵⁾
Ratio of net investment income to average net assets (before expense reimbursement/recoupment)⁽⁴⁾		11.37%	⁽⁶⁾			10.97%	⁽⁵⁾
Ratio of net investment income to average net assets (after expense reimbursement/recoupment)⁽⁴⁾		13.13%	⁽⁶⁾			14.75%	⁽⁵⁾
Portfolio turnover rate⁽³⁾		32.49%				24.26%

Senior security, end of period (000’s)	$	23,700		$		28,500
Asset coverage, per $1,000 of senior security principal amount⁽⁷⁾	$	5,125		$		3,549
Asset coverage ratio of senior security⁽⁷⁾		512%				355%

(1)	Net investment income per share has been calculated based on average shares outstanding during the period.

(2)	Total return represents the rate that an investor would have earned (or lost) on an investment in the Fund during the period (assuming the reinvestment of all distributions).

(3)	Non-annualized.

(4)	Annualized.

(5)	Includes incentive fee expense of 1.63%.

(6)	Includes incentive fee expense of 1.47%.

(7)	Represents value of total assets less all liabilities not represented by senior securities at the end of the period.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

Notes to Consolidated Financial Statements (Unaudited)

Organization

Neuberger Asset-Based Credit Fund (the “Fund”) (formerly known as NB Asset-Based Credit Fund) was organized as a Delaware statutory trust on September 5, 2024 and commenced operations on August 20, 2025. The Fund is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a continuously-offered, non-diversified, closed-end management investment company. The Fund is an interval fund, pursuant to which it, subject to applicable law, conducts quarterly repurchase offers for between 5% and 25% of the Fund’s outstanding common shares of beneficial interest (“Shares”) at net asset value (“NAV”). In connection with any given repurchase offer, the Fund currently expects to offer to repurchase 5% of its outstanding Shares but from time to time may offer to repurchase more Shares in order to provide limited liquidity to the Fund’s shareholders.

The Fund’s investment objective is to seek to provide a high level of current income. The Fund will pursue its investment objective primarily by investing in asset-based credit investments to build a portfolio of short duration, income producing assets (e.g., various forms of consumer, small business, trade and receivables finance, real estate and other asset-backed securities). This will include directly originated debt assets, including loans and other debt securities, that are privately negotiated with borrowers.

The Fund may invest directly or through subsidiaries of the Fund (“Subsidiaries”). Certain investments may be held by these Subsidiaries to help effectuate the investment program of the Fund and while such Subsidiaries will not be registered under the 1940 Act, the Fund will wholly own and control any Subsidiaries. The Fund has consolidated the following Subsidiaries: NB Asset-Based Credit Holdings A LLC (“Holdings A”), formed on January 17, 2025, and NB Asset-Based Credit Holdings B LLC (“Holdings B”), formed on January 17, 2025. Holdings A holds certain loan investments including term loans and revolvers. Holdings B holds asset-backed securities (including bonds and equities), as well as repurchase agreements on those asset-backed securities. Holdings A wholly owns NB Asset-Based Credit Trust 2025-1, formed on February 4, 2025, which holds the Fund’s whole loan platform investments. Neuberger Berman Investment Advisers LLC serves as the Fund’s investment adviser (“Investment Adviser”). The Investment Adviser has engaged NB Alternatives Advisers LLC as sub-adviser (“Sub-Adviser” and, together with the Investment Adviser, the “Adviser”) to assist with investment decisions. The Investment Adviser and the Sub-Adviser are indirect wholly-owned subsidiaries of Neuberger Berman Group LLC, and are each registered as an investment adviser under the Investment Advisers Act of 1940, as amended.

Significant Accounting Policies

(a)

Basis of presentation

The consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The Fund applies specific accounting and financial reporting requirements under the Financial Accounting Standards Board (“FASB”) Accounting Standards Topic 946, Financial Services-Investment Companies. All adjustments considered necessary for the fair presentation of the financial statements, for the period presented, have been included. The books and records of the Fund are maintained in U.S. dollars.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

(b)

Consolidation

The consolidated financial statements include the accounts of the Fund and the Subsidiaries which all have the same fiscal year-end. All intercompany accounts and transactions have been eliminated in consolidation. Each Subsidiary acts as an investment vehicle in order to invest in asset-based credit investments consistent with the Fund’s investment objective and policies.

(c)

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates.

(d)

Cash

Cash held on deposit excludes any investments in money market funds, which are presented within the Investments, at fair value on the Consolidated Statement of Assets and Liabilities. As of June 30, 2026, the Fund had $0 in cash balances held at its custodian, U.S. Bank National Association.

(e)

Expense Allocations

Certain expenses are applicable to multiple funds within the Fund’s complex of related investment companies. Expenses directly attributable to the Fund are charged to the Fund. Expenses borne by the complex of related investment companies, which includes closed-end investment companies for which the Investment Adviser or the Sub-Adviser serve as investment manager, that are not directly attributable to a particular investment company (e.g., the Fund) are allocated among the Fund and the other investment companies in the complex on the basis of relative net assets, except where a more appropriate allocation of expenses to each of the investment companies in the complex can otherwise be made fairly.

(f)

Investment transactions

For the period ended June 30, 2026, aggregate purchases and sales (including paydowns) of securities (excluding U.S. government obligations and short-term securities) by the Fund were $61,831,019 and $38,238,815, respectively. The Fund did not have any purchases or sales of long-term U.S. government securities during the period ended June 30, 2026.

(g)

Income Recognition and Expenses

The Fund recognizes income and records expenses on an accrual basis. Interest income is recognized when earned and is not accrued when collection appears unlikely. Specifically regarding whole loans, the Fund ceases to accrue additional interest on loans that are more than thirty days past due. If a borrower makes a payment on a late loan, the Fund will capture any unaccrued income at the time of the payment. The Fund will write-off the accrued interest when such loans are no longer deemed collectible. Payment-in-kind (“PIK”) interest is computed at the contractual rate specified in the loan

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

agreement for any portion of the interest which may be added to the principal balance of a loan rather than paid in cash by the obligor on the scheduled interest payment date. PIK interest is periodically added to the principal balance of the loan and recorded as interest income. Changes in cost arising from amortization of purchase premiums and accretion of unearned discounts are recognized as a component of interest income. Interest income from investments in asset-backed securities is recognized and accrued for using the estimated effective yield method over the life of such beneficial interest in the security. The Fund updates the effective yield based on a periodic analysis of the underlying expected cashflows to be collected. Dividend income is accrued for on preferred equities based on the contractual rate.

Investments are carried at their estimated fair values as discussed in Note 2(n). Changes in the estimated fair value of Investments are recognized in current period income. All changes in fair value are recognized as a component of net change in unrealized appreciation (depreciation) on investments.

Purchases and sales of securities are recorded on the purchase or sale trade date with realized gains and losses included as a component of net realized gain (loss) on securities in the Consolidated Statement of Operations. Realized gains and losses from sales of investments are determined on a specific identification basis.

(h)

Income Taxes

The Fund intends to elect to be treated for federal income tax purposes, and intends to qualify annually, as a regulated investment company (a “RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”) and will distribute substantially all of its net investment income and net realized capital gains to its shareholders. To the extent the Fund distributes substantially all of its net investment income and net realized capital gains to shareholders, no federal income or excise tax provision is required.

ASC 740 “Income Taxes” sets forth a minimum threshold for financial statement recognition of a tax position taken, or expected to be taken, in a tax return. The Fund recognizes interest and penalties, if any, related to unrecognized tax positions as an income tax expense in the Consolidated Statement of Operations. The Fund is subject to examination by U.S. federal and state tax authorities for returns filed for the tax years for which the applicable statutes of limitations have not yet expired. Fund management has analyzed the Fund’s tax positions taken or expected to be taken on federal and state income tax returns for the current year and all open years and has concluded that no provision for income tax is required in the Fund’s financial statements.

The Fund has adopted the FASB Accounting Standards Update 2023-09, “Income Taxes (Topic 740) Improvements to Income Tax Disclosures” (“ASU 2023-09”) for the period ended June 30, 2026. The adoption of this standard affected only the financial statement disclosures and had no impact on the Fund’s financial position or operating results. A breakdown of income taxes paid by jurisdiction is provided when material payments are made. For the period ended June 30, 2026, Fund management determined that the income taxes paid by the Fund were not significant.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

which it holds at the close of any taxable year, other than any securities identified as held for investment. As a result, the Fund will be required to take into account gain or loss (treated as ordinary income or loss) each year based on the appreciation or depreciation in the value of such loans and other securities, and any gain or loss recognized on the sale of any such loan or security would be treated as ordinary income or loss. In addition, the Fund expects to invest in loans and other debt instruments that will be treated as having “market discount” and/or original issue discount (such as debt instruments with PIK interest or, in certain cases, increasing interest rates or issued with equity or warrants) for U.S. federal income tax purposes if not subject to the mark to market rules. The Fund may also have to include in its taxable income other amounts that it has not yet received in cash but has been allocated to it as a result of its investments in entities treated as partnerships for U.S. federal income tax purposes.

For federal income tax purposes, the estimated cost of investments held at June 30, 2026 was $132,313,254. There was no estimated gross unrealized appreciation, and estimated gross unrealized depreciation was $96,863, resulting in net unrealized depreciation value of investments of $96,863 based on cost for U.S. federal income tax purposes.

Income distributions and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. These differences are primarily due to differing treatments of income and gains on various investment securities held by the Fund, timing differences and differing characterization of distributions made by the Fund.

Any permanent differences resulting from different book and tax treatment are reclassified at year-end and have no impact on net income, NAV or NAV per share of common Shares of the Fund. For the period ended December 31, 2025, the Fund recorded permanent reclassifications primarily related to non-deductible offering costs paid by the Fund. For the period ended December 31, 2025, the Fund recorded the following permanent reclassifications:

Paid-in Capital

Total distributable

loss

$(389)

$389

The tax character of distributions paid during the period ended December 31, 2025, was as follows:

Ordinary

Income

Long-Term

Capital Gains

Total

2025

$ 2,940,883

$ -

$ 2,940,883

As of December 31, 2025, the components of distributable losses on a U.S. federal income tax basis were as follows:


Undistributed Ordinary Income	Undistributed Long-Term Capital Gain	Unrealized Appreciation/ (Depreciation)	Loss Carryforwards and Deferrals	Other Temporary Differences	Total
$ -	$ -	$ -	$ (725,075)	$ -	$ (725,075)

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

The temporary differences between the book basis and tax basis distributable earnings are primarily due to the Fund’s IRC 475 mark to market adjustment.

Under current tax regulations, capital losses realized on investment transactions after October 31 may be deferred and treated as occurring on the first day of the following fiscal year. Under current tax rules, the Fund may also defer any realized late-year specified losses as occurring on the first day of the following fiscal year. Late-year specified losses (ordinary losses from the sale, exchange, or other disposition of property, net foreign currency losses and net Section 475 mark to market closes) represent realized losses on investment transactions after October 31. For the period ended December 31, 2025, the Fund elected to defer the following late-year ordinary losses and post October capital losses:


				Late-Year Specified Loss Deferral		Post October Capital Loss Deferral
				$ (725,075)		$ 0

(i)

Segment Reporting

The Fund is subject to FASB Accounting Standards Update No. 2023-07, “Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). An operating segment is a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the entity’s chief operating decision maker (“CODM”) in making resource allocation decisions and assessing segment performance, and for which discrete financial information is available. The Investment Adviser acts as the Fund’s CODM through its Management, Investment and Operating Committees, which are responsible for assessing performance and making decisions about resource allocation. The CODM has determined that the Fund has a single operating segment because the CODM monitors the operating results of the Fund as a whole and evaluates performance in accordance with the Fund’s principal investment strategies as disclosed in its prospectus and/or annual report. The CODM uses these measures to assess Fund performance and allocate resources effectively. The Fund’s total returns, expense ratios, and changes in net assets, which are used by the CODM to assess Fund performance and to make resource allocation decisions for the Fund’s single segment, are consistent with that presented within the Fund’s financial statements.

(j)

Organization and Offering Costs

The Adviser agreed that the aggregate organizational and offering expenses of the Fund shall be borne by the Adviser until, and only if, the Fund has reached the following thresholds in net assets: $200 million, $300 million, and $400 million; at each threshold, 1/3 of the total amount of the aggregate organizational and offering expenses of the Fund shall become an expense obligation of the Fund and the Fund agrees to repay the Adviser such amount (the “O&O Limitation”). If the Fund does not reach such thresholds in net assets, the organizational and offering expenses borne by the Adviser are not subject to recoupment from the Fund.

Organization costs consist of costs incurred to establish the Fund and enable it legally to do business. Organization costs paid by the Adviser subject to potential recoupment amount to $179,828. Offering

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

costs include state registration fees and legal fees regarding the preparation of the initial registration statement. Offering costs paid by the Adviser subject to potential recoupment amount to $581,045. The Fund did not record any of the organization or offering costs as the Fund has not met the required thresholds to record such costs. The total organization and offering costs subject to potential recoupment are $760,873.

(k)

Distributions to Shareholders

The Fund intends to make quarterly distributions of net investment income, after payment of interest on outstanding borrowings, if any. Distributions to shareholders cannot be assured, and the amount of each quarterly distribution is likely to vary. It is possible, although not intended, that distributions could exceed net investment income and net short-term and long-term capital gain, resulting in a return of capital. Nevertheless, there can be no assurance that the Fund will pay distributions to shareholders at any particular rate. Each year, a statement on Internal Revenue Service Form 1099-DIV identifying the amount and character of the Fund’s distributions will be mailed to shareholders.

The Fund intends to be treated as a “dealer in securities” within the meaning of Section 475(c)(1) of the Code. Section 475 of the Code requires that a dealer must generally “mark to market” all the securities which it holds at the close of any taxable year. Any gain or loss realized or deemed realized with respect to a security held by a dealer, regardless of whether such gain or loss is realized as a result of an actual disposition or a deemed disposition under the mark-to-market rule, is generally treated as ordinary income or loss. The mark-to-market rule does not apply to any security held for investment that the dealer properly identifies as such.

In the years in which the Fund incurs net mark to market losses as a result of Section 475(a)(2), the Fund may be required to make distributions. To the extent that any portion of the Fund’s distributions are considered a return of capital to shareholders, such portion would not be considered dividends for U.S. federal income tax purposes and would represent a return of the amounts that such shareholders invested. Although such return of capital distributions are not currently taxable to shareholders, such distributions will have the effect of lowering a shareholder’s tax basis in such Shares and could result in a higher tax liability when the Shares are sold, even if they have not increased in value, or in fact, have lost value. The Fund’s final distribution for each tax year is expected to include any remaining investment company taxable income and net tax-exempt income undistributed during the tax year, if any, as well as any undistributed net capital gain realized during the tax year, if any. This distribution policy may, under certain circumstances, have adverse consequences to the Fund and its shareholders because it may result in a return of capital resulting in less of a shareholder’s assets being invested in the Fund and, over time, increase the Fund’s expense ratios. The distribution policy also may cause the Fund to sell securities at a time it would not otherwise do so to manage the distribution of income and gain.

(l)

Dividend reinvestment plan

The Fund has adopted an “opt out” dividend reinvestment plan (the “DRIP”). Shareholders that wish to participate in the DRIP will not be required to take any action. A participating Shareholder’s distribution amount will purchase Shares at the NAV of the Fund. Shareholders that wish to receive their distributions in cash may do so by making a written election to not participate in the DRIP by contacting the plan administrator, SS&C GIDS, Inc., who serves as the Fund’s transfer agent.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

(m)

Indemnifications

Like many other companies, the Fund’s organizational documents provide that its officers, directors, and other personnel are indemnified against certain liabilities arising out of the performance of their duties to the Fund. In the normal course of business, the Fund enters into contracts that contain a variety of representations which provide general indemnifications. The Fund’s maximum exposure under these arrangements cannot be known; however, the Fund expects any risk of loss to be remote.

(n)

Investment Valuation and Fair Value Measurement

The Fund’s Board of Trustees (the “Board”) has approved procedures pursuant to which the Fund will value its investments. In accordance with Rule 2a-5 under the 1940 Act, the Board has designated the Fund’s Investment Adviser as the Fund’s valuation designee (the “Valuation Designee”), to determine, in accordance with such procedures, fair value in good faith for any or all Fund investments. The Valuation Designee may seek the assistance of the Sub-Adviser as it deems appropriate. The Valuation Designee uses the best information it has reasonably available to determine or estimate fair value. The Valuation Designee generally will value the Fund’s investments in accordance with Codification Topic ASC 820 of the Financial Accounting Standards Board (“ASC 820”). The Investment Adviser, as Valuation Designee, may face a conflict of interest in valuing the Fund’s investments, as the investments’ value may affect the Investment Adviser’s compensation or its ability to raise additional funds.

Listed below is a summary of certain methods generally used currently to value the Fund’s investments under the approved procedures:

Publicly traded equity securities are valued using the last sale prices at the official close as reported on the exchanges where those securities are primarily traded. If no sales of a security are reported on a particular day, the security will be valued based on its bid price for a security held long, or its ask price for a security held short, as reported by those exchanges. In the absence of such sales or quotations, other publicly offered securities will be valued at their bid prices (or asked prices in the case of securities held short) as obtained from one or more dealers making markets for those securities. The valuations of money market funds are based on the daily closing NAV of that money market fund. The fair values of investments in common stock and preferred equities for which market prices are not readily available, such as investments in privately held companies, may be determined using market-based approaches, including precedent transactions, public market comparables, book values or other relevant metrics, or using income-based approaches, including discounted anticipated future cash flows of the company.

Exchange-traded derivatives, such as futures, interest rate swaps, and options, are valued at the settlement price on the exchange on which they trade or the mean of the bid and asked price. Financial

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

futures will generally be valued at the settlement price. Interest rate swaps will generally be valued at the settlement price or the mean of the bid and asked price. Exchange-traded options will generally be valued at the latest reported sale price on the exchange on which they trade, or if there is no reported sale, the option will generally be valued at the mean between the latest bid and asked prices.

Non-exchange traded derivatives are generally valued on the basis of valuations provided by independent third-party pricing vendors or, if vendor prices are unavailable, quoted by an active broker-dealer.

Whole loans are fair valued by the Valuation Designee using a discounted cash flow (DCF) method which projects contractual cash flows for each loan for its remaining term. Contractual cash flows are adjusted for expected charge-off (defaults), recovery (given default), and early prepayments. This method calculates expected loss and prepayment by employing loan-level statistical models that take into account both contractual features of loans and credit characteristics of borrowers. The models also take into account the delinquency of loans as a predictor of default. Delinquent loans are marked down according to estimates of “roll rate” probabilities from transition models. The models are calibrated (on a regular basis) using actual loan performance of similar loans in the market. As a final step in valuation, projected risk-adjusted cash flows are discounted at the required market rate of return – which is calculated as par purchase (yield) for new issuance in each credit segment. The Valuation Designee has engaged a third-party valuation agent to calculate the fair values using the DCF method. The valuation agent receives the underlying data related to their valuation work directly from lender/originating platforms. The data includes the historical performance of all loans on each platform (for calibrating their credit model) as well as the Fund’s investments (which includes loan tapes with loan and borrower attributes, and the latest performance for each loan).

The Fund accounts for loans purchased from lending platforms at the individual loan level for valuation purposes, and such loans are fair valued using inputs that take into account borrower-level data that is updated as often as the NAV is calculated to reflect new information regarding the borrower and loan. Such borrower-level data will include the borrower’s payment history, including the payment, principal and interest amounts of each loan and the current status of each loan, which will allow the Valuation Designee to determine, among other things, the historical prepayment rate, charge-off rate, delinquency and performance with respect to such borrower/loan.

The Fund, in accordance with its investment strategy, will limit its investments in such loans to those originated by platforms that will provide the Fund with individual loan-level data on an ongoing basis throughout the life of each individual loan that is updated periodically as often as the NAV is calculated to reflect new information regarding the borrower or loan. The Fund will not invest through platforms where it cannot evaluate the completeness and accuracy of the individual loan data provided by the platforms relevant to the existence and valuation of the loans purchased and utilized in the accounting of the loans.

The Fund is permitted to invest in funded and unfunded revolving credit facilities (“Revolvers”). Revolvers are fair valued by the Valuation Designee using DCF models to compute loan-level cash flow projections for the underlying collateral. Valuation of the given tranche is performed primarily by analyzing the underlying loan collateral performance, delinquency rate, and pre-payment rates. The collateral cash flow is then allocated to various tranches (if more than one) of the complete revolving

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

loan structure per the waterfall priority of payments. The models also takes into account the excess spread and interest coverage as well as the remaining first loss protection to determine a valuation for the given loan/tranche.

For assets owned through a loan participation arrangement with another manager, the Valuation Designee could utilize that manager’s valuation.

Other fixed income and credit securities, including certain asset-backed securities (“ABS”), corporate and government debt securities, mortgage-backed securities, and loans are valued by an independent pricing service on the basis of market quotations. The Valuation Designee will monitor the reasonableness of valuations provided by the pricing service.

Certain ABS are fair valued by the Valuation Designee using DCF models to compute loan-level cash flow projections for the underlying collateral. The collateral cash flow is then allocated to various tranches of securitization structure per the waterfall priority of payments. Valuation of various tranches is then performed by discounting projected cash flows at the appropriate market required rate of return. Given the sensitivity of residuals’ expected cash flows to estimates of default and prepayments rates, the model computes the value of residuals over a set of scenarios to capture alternative views. As for whole loans, proprietary models (to project collateral cash flows) get recalibrated with most recent performance data on a regular basis.

To determine fair value of preferred equity securities, the Valuation Designee estimates the enterprise value of each portfolio company and compares such amount to the total amount of the company’s debt and equity as well as the level of debt senior to the Fund. Estimates of enterprise value are based on a specific measure (such as EBITDA, free cash flow, net income, book value or NAV) believed to be most relevant for the given company and compares this metric in relation to comparable company valuations (market trading and transactions) based on the same metric. In determining the enterprise value, the Valuation Designee will further consider the company’s acquisition prices, credit metrics, historical and projected operational and financial performance, liquidity as well as industry trends, general economic conditions, scale and competitive advantages along with other factors deemed relevant.

Warrants are fair valued by the Valuation Designee based on a combination of primary factors including the underlying terms of the warrant, last round valuation of the company, and timing. Additionally, secondary factors such as comparable company pricing, overall health of the underlying company, and potential private vs public discount may be considered.

With respect to the Fund’s private fund investments valued using the practical expedient, the methodology relies on the reported net asset value reported by a manager or general partner of the private fund plus financial adjustments when needed. The last reported value will generally follow the practical expedient in accordance with ASC 820. Financial adjustments include adjustments made to incorporate known developments since the last reported net asset value reported by a manager or general partner of a private fund, capital calls and distributions, and the nature of such cash flows, fees and expenses during the reporting period. The Valuation Designee also continuously assesses information received from its ongoing monitoring of portfolio holdings and makes valuation changes

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

accordingly for idiosyncratic events when such idiosyncratic events are supported by documentation deemed reliable by the Valuation Designee.

The valuation of private funds with participations in certain term loans and/or receivables that have been issued by the underlying entities is fair valued by the Valuation Designee using a DCF approach by using models to compute loan-level cashflow projections for the underlying collateral, where applicable. Valuation of the given tranche is performed primarily by analyzing the underlying loan collateral performance, if any, delinquency rate, discount rate, loss rate and pre-payment rates. The cash flow is then allocated to various tranches (if more than one) of the complete revolving loan structure per the waterfall priority of payments. The methodology further looks at the excess spread and interest coverage as well as the remaining first loss protection (if applicable) to determine a final valuation for the given loan/tranche.

Under the provisions of the Accounting Standards Update 2015-07, investments in private funds are not categorized within the fair value hierarchy.

The value of risk share contracts held by the Fund are determined using a discounted cash flow framework that takes into account the underlying loans pertaining to each contract’s actual losses and estimated loss forecasts through each contract’s maturity date. The loss forecasts are based on industry and platform historical loan performance. Higher expectations of losses relative to initial expected losses (subject to a cap), due to factors such as rising delinquencies within each contract vintage or a deteriorating macroeconomic environment, would result in an increase in a contract’s unrealized gain. For a subset of risk share contracts, lower expectations of losses relative to initial expected losses (subject to a cap), due to factors such as lower delinquencies within each contract vintage would result in an increase in a contract’s unrealized depreciation.

A substantial portion of the Fund’s investments are U.S. dollar denominated investments. All assets and liabilities initially expressed in foreign currencies will be converted into U.S. dollars using foreign exchange rates obtained from pricing services. Trading in foreign securities generally is completed, and the values of foreign securities are determined, prior to the close of the securities markets in the U.S. Foreign exchange rates are also determined prior to such close.

If a valuation for a security is not available from an independent pricing service or if the Valuation Designee believes in good faith that the valuation does not reflect the amount the Fund would receive on a current sale of that security, the Fund seeks to obtain quotations from brokers or dealers. If such quotations are not readily available, the Fund may use a fair value estimate made according to methods utilized by the Valuation Designee. Prospective Investors should be aware that situations involving uncertainties as to the value of portfolio positions could have an adverse effect on the Fund’s net asset value if the judgments of the Valuation Designee should prove incorrect.

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

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.

Level 1 – unadjusted quoted prices in active markets for identical investments

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

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 following is a summary of consolidated financial statement items by level that are measured at estimated fair value on a recurring basis as of June 30, 2026:



DESCRIPTION	LEVEL 1		LEVEL 2		LEVEL 3		Net Asset Value (“NAV”)⁽²⁾’		TOTAL
Assets
Whole Loans
Consumer Loans⁽¹⁾		-		-		3,361,408		-		3,361,408
Small Business Loans⁽¹⁾		-		-		14,394,131		-		14,394,131

Total Whole Loans		-		-		17,755,539		-		17,755,539
Asset-Backed Securities⁽¹⁾		-		8,750, 111		17,194,686		-		25,944,797
Corporate Loans⁽¹⁾		-		-		59,111,102		-		59,111,102
Corporate Bonds⁽¹⁾		-		-		8,968,183		-		8,968,183
Preferred Stock⁽¹⁾		-		-		3,116,898		-		3,116,898
Warrants⁽¹⁾		-		-		698,422		-		698,422
Private Funds⁽¹⁾		-		-		8,237,018		4,900,000		13,137,018
Money Market Funds		3,280,277		-		-		-		3,280,277

Total investments, at fair value	$	3,280,277	$	8,750,111	$	115,081,848	$	4,900,000	$	132,012,236

Other Financial Instruments⁽³⁾
Unrealized appreciation on risk share contracts		-		-		204,155		-		204,155

Total	$	-	$	-	$	204,155	$	-	$	204,155

(1)

For further security characteristics, see the Fund’s Consolidated Schedule of Investments

(2)

Includes equity investments categorized as private funds, which are measured at fair value using the NAV practical expedient, and has not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Fund’s Consolidated Schedule of Investments.

(3)

These instruments are reflected as unrealized appreciation (depreciation) on the instrument on the Fund’s Consolidated Schedule of Investments.

When a determination is made to classify an investment within Level 3 of the fair value hierarchy, the determination is based upon the significance of the unobservable inputs in the overall fair value

100

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Notes to Consolidated Financial Statements

June 30, 2026

measurement. However, Level 3 investments typically include, in addition to the unobservable or Level 3 inputs, observable components that are actively quoted or can be validated to market-based sources. The reported gains and losses may include changes in fair value due in part to observable inputs that are a component of the valuation methodology.

Below is a reconciliation that details the activity of securities in Level 3 during the period ended June 30, 2026:


	Whole Loans
	Consumer Loans			Small Business Loans			Asset- Backed Securities			Corporate Loans			Corporate Bonds			Preferred Stocks		Warrants		Private Funds			Risk Share Contracts
Beginning Balance - December 31, 2025		17,413,935			18,667,729			13,824,101			39,988,968			9,021,546			2,004,364		-		-			200,357
Acquisitions		-			15,440,802			6,842,263			19,809,162			-			958,624		567,086		9,986,084			-
Sales/Paydowns		(13,496,811	)		(19,238,240	)		(2,945,324	)		(597,406	)		-			-		-		(1,652,203	)		(308,026	)
Realized gains (losses), net		(308,010	)		(8,305	)		-			(1,045	)		-			-		-		(687	)		308,026
Change in unrealized appreciation/(depreciation)		(194,474	)		(467,855	)		(526,354	)		(88,903	)		(38,597	)		153,910		131,336		(96,863	)		3,798
(Amortization of premium) accretion of discount		(53.232	)		-			-			326			(14,766	)		-		-		687			-
Transfers in/(out) of Level 3		-			-			-			-			-			-		-		-			-
Ending Balance - June 30, 2026	$	3,361,408		$	14,394,131		$	17,194,686		$	59,111,102		$	8,968,183		$	3,116,898	$	698,422	$	8,237,018		$	204,155
Change in unrealized appreciation/depreciation on investments still held as of June 30, 2026		(552,205	)		(388,366	)		(526,354	)		(88,904	)		(38,597	)		153,910		131,336		(96,863	)		3,798

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Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

The following table summarizes the quantitative inputs used for investments categorized as Level 3 of the fair value hierarchy as of June 30, 2026:

Asset Category

Fair
Value ($)

Valuation
Technique

Input

Range

Weighted
Average⁽¹⁾

Impact to
valuation
from
increase
in input⁽²⁾

Consumer Loans

3,361,408

Discounted Cash Flow

Discount Rate

Net Loss Rate (% Current Balance)

Prepay Rate (% Current Balance)

11.00% - 11.51%

13.00% - 43.88%

13.53% - 17.63%

11.39%

36.47%

16.65%

Decrease

Small Business Loans

14,394,131

Discounted Cash Flow

Discount Rate

Net Loss Rate (% Current Balance)

10.60%

7.42%

10.60%

7.42%

Decrease

Corporate Loans

59,111,102

Discounted Cash Flow

Discount Rate

10.32% - 25.96%

13.51%

Decrease

Asset-Backed Securities

17,194,686

Discounted Cash Flow

Discount Rate

Net Loss Rate (% Current Balance)

Prepay Rate (% Current Balance)

9.99% - 17.00%

0.00% - 23.67%

0.00% - 25.78%

13.84%

13.26%

15.71%

Decrease

Corporate Bonds

8,968,183

Discounted Cash Flow

Discount Rate

11.68%

Decrease

Preferred Stocks

3,116,898

Discounted Cash Flow

Dividend Accrual Rate

Anticipated Exit Date

Discount Rate

10.00% - 13.25%

7/31/2027 - 7/31/2030

13.75% - 18.00%

10.91%

6/3/2028

16.81%

Increase

Decrease

Warrants

698,422

Factor Change Calibration Approach

Last Round of Financing

Change in Revenue

Change in Shareholder’s Equity

0.00% - 100.00%

0.00% - 62.22%

-100.00% - 31.26%

29.22%

43.22%

-50.57%

Decrease

Increase

Decrease

Private Funds

8,237,018

Discounted Cash Flow

Discount Rate

Net Loss Rate
(% Current Balance)

Prepay Rate
(% Current Balance)

12.00%

19.76%

0.00%

12.00%

19.76%

0.00%

Decrease

Risk Share Contracts

204,155

Discounted Cash Flow

Downside Protection Cap
(% of Originations)

Upside Protection Cap
(% of Originations)

Discount Rate

Net Loss Rate

4.00% - 9.00%

5.00% - 9.00%

14.50% - 20.00%

15.65% - 43.88%

5.05%

5.63%

17.45%

32.02%

Increase⁽³⁾

Decrease⁽³⁾

Decrease

(1)

Weighted by relative fair value except for Risk Share Contracts, which are weighted by outstanding notional.

(2)

Represents the expected directional change in the fair value of the Level 3 investments that would result from an increase in the corresponding input. Significant changes in these inputs could result in significantly higher or lower fair value measurements.

(3)

For Risk Share Contracts, the valuation is impacted based on the spread between expected performance and the base case assumptions. Therefore, changes to the upside or downside caps do not necessarily require an update to the valuation.

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Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

Investments

(a)

Loans

The Fund invests in loans, including whole loans, fractional loans, term loans, senior secured loans, junior secured loans, mezzanine loans, distressed loans and unsecured loans.

(b)

Whole Loans

When the Fund invests directly or indirectly in whole loans, it typically purchases all rights, title and interest in the loans pursuant to a loan purchase agreement directly from the platform or its affiliate. The platform or a third-party servicer typically continues to service the loans, collecting payments and distributing them to investors, less any servicing fees assessed against the Fund, and the servicing entity typically will make all decisions regarding any modification, forbearance or other form of relief that may be provided to a borrower experiencing financial hardship and acceleration or enforcement of the loans following any default by a borrower. Where a platform or its affiliate acts as the loan servicer, there is typically a backup servicer in place in case that platform or affiliate ceases or fails to perform these servicing functions. The Fund, as an investor in a whole loan, would be entitled to receive payment only from the borrower and/or any guarantor, and would not be able to recover any deficiency from the platform, except under very narrow circumstances, which may include fraud by the borrower in some cases. The whole loans in which the Fund may invest may be secured or unsecured.

(c)

Asset-Backed Securities

Asset-backed securities (“ABS”) are typically publicly traded and rated securities but may include below investment grade and unrated tranches. ABS are primarily exposed to the performance and credit risk of the underlying collateral, such as consumer receivables and commercial loans. Such ABS, including mortgage-backed securities, may be issued in different tranches of debt and residual equity interests with different rights and preferences. The Fund may hold any tranche of such ABS. The volume and frequency of the Fund’s sales of pools of loans to securitization vehicles may increase as a more active and reliable secondary market develops over time.

(d)

Participations

When the Fund invests in participation interests, the Fund will typically purchase a fractional or full economic interest in the underlying loan and the lender retains the legal title to such loans with the Fund having a contractual relationship only with the lender and not with the borrower. As a result, the Fund may have the right to receive payments of principal, interest and any fees to which it is entitled only from the lender selling the participation and only upon receipt by such lender of such payments from the borrower.

(e)

Pass-Through (Residual) Certificates

The Fund invests in pass-through certificates, which are a form of asset-backed security that is backed by a pool of whole loans originated or sourced by one or more third party lenders/originators and that

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June 30, 2026

represents the right of the holder to receive specified distributions in respect of such whole loans; specifically, holders are entitled to receive payments on account of principal and interest payments made by borrowers on the underlying loans, as well as proceeds from the sale or liquidation of any loan underlying the pass-through certificate, net of fees, expenses and other amounts payable to the issuer, trustee, originating platform(s) or other third parties as required. Unlike many other asset-backed securities, pass-through certificates are generally not issued with multiple tranches; instead, all holders of a particular certificate share a pro rata interest in the underlying pool of whole loans and distributions with respect thereto. The Fund may sell certain of its loan investments to securitization vehicles formed by third party lenders/originators for the purpose of acquiring such pass-through residual certificates.

(f)

Reverse Repurchase Agreements

The Fund enters into reverse repurchase agreements with banks and brokers, with the Fund as the initial seller of securities to the banks or brokers. A reverse repurchase agreement involves a sale by the Fund of portfolio securities concurrently with an agreement by the Fund to repurchase the same securities at a later date at a fixed price. During the reverse repurchase agreement period, the Fund continues to receive principal and interest payments on the securities. If the buyer in a reverse repurchase agreement files for bankruptcy or becomes insolvent, the Fund’s use of proceeds from the sale of its securities may be restricted while the other party or its trustee or receiver determines whether to honor the Fund’s right to repurchase the securities. Furthermore, in that situation, the Fund may be unable to recover the securities it sold in connection with a reverse repurchase agreement and as a result would realize a loss equal to the difference between the value of the securities and the payment it received for them. This loss would be greater to the extent the buyer paid less than the value of the securities the Fund sold to it (e.g., a buyer may only be willing to pay $95 for a security with a market value of $100). The Fund’s use of reverse repurchase agreements also subjects the Fund to interest costs based on the difference between the sale and repurchase price of a security involved in such a transaction. Additionally, reverse repurchase agreements entail the same risks as over-the-counter derivatives. These include the risk that the counterparty to the reverse repurchase agreement may not be able to fulfill its obligations, that the parties may disagree as to the meaning or application of contractual terms, or that the instrument may not perform as expected. The Fund has elected to treat reverse repurchase agreements as derivatives pursuant to Rule 18f-4 under the 1940 Act (“Rule 18f-4”). As required by Rule 18f-4, the Fund’s derivatives exposure (including its use of reverse repurchase agreements) will be limited through a value-at-risk (“VaR”) test. Very generally, VaR is an estimate of an instrument’s or portfolio’s losses over a given time horizon at a specified confidence level. Under Rule 18f-4, the Fund will be required to limit the VaR of the Fund’s portfolio to less than 200% of the VaR of a “designated reference portfolio,” which is, in general, either an unleveraged index approved by the Fund’s derivatives risk manager or the Fund’s own portfolio of securities or other investments, excluding any derivatives transaction. The Fund expects that its use of reverse repurchase agreements and other similar derivatives transactions to obtain leverage will enable the Fund to obtain substantially more leverage than would be possible if the Fund obtained leverage only through senior securities subject to the 300% asset coverage requirement contained in Section 18 of the 1940 Act. For the period ended June 30, 2026, the average daily reverse repurchase agreement balance was $12,112,891 and the weighted average interest rate was 5.54%.

104

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

For the period ended June 30, 2026, the gross obligations for reverse repurchase agreements by the type of collateral pledged and remaining time to maturity were as follows:

Reverse
Repurchase
Agreements

Overnight

and

Continuous

Up to 30 Days

30-90 Days

Greater than
90 Days

Total

Asset-Backed Securities

903,000

11,151,338

12,054,338

For the period ended June 30, 2026, the gross amounts not offset in the Consolidated Statements of Assets and Liabilities were as follows:

Liabilities:

Gross Amount of
Recognized
Liabilities

Gross Amount
Offset In The
Consolidated
Statements of
Assets and
Liabilities

Presented In
The
Net Amounts
Consolidated
Statements of
Assets and
Liabilities

Financial
Instruments

Collateral

Pledged⁽¹⁾

Net Amount

Reverse Repurchase Agreements

12,054,338

(12,054,338

)

(1)

Collateral received (or pledged) is limited to an amount not to exceed 100% of the net amount of assets (or liabilities) in the tables presented above, for each respective counterparty. The fair value of collateral pledged is $16,087,109.

(g)

Equity Securities

The Fund invests in public or private equity securities issued by specialty finance originators and companies that own and operate lending platforms and financial technology companies, including common stock, preferred stock, convertible stock and/or warrants. Equity investments may afford the Fund voting rights as well as the opportunity to receive dividends and/or capital appreciation, although warrants, which are options to purchase equity securities at specific prices valid for a specific period of time, typically have no voting rights, receive no dividends and have no rights with respect to the securities of the issuer unless and until they are exercised for the underlying securities.

(h)

Risk Share Contracts

The Fund has entered into risk share contracts with a lending platform under program agreements. These contracts track performance of select consumer whole-loan vintages (groups of loans originated in the same month) purchased under the programs and compare actual or current expected net annualized returns (“NAR”) versus initial expected (underwritten) net annualized returns for those vintages. If, for an eligible vintage, performance is below the initial expectation, the platform must pay the Fund a downside protection amount (subject to a cap per vintage). Conversely, if performance exceeds the initial expectation, the Fund must pay an upside protection amount to the lending platform (subject to a cap per vintage). Accordingly, the Fund recognizes an unrealized gain (subject to the applicable cap) when current actual performance of a vintage is below the initial expectation, and recognizes a realized gain when, at maturity and each monthly clean-up for the vintage, cumulative

105

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

actual performance is below the initial expectation. For these contracts, the Fund recognizes an unrealized depreciation (subject to the applicable cap) when cumulative current expected performance is above the initial expectation and recognizes a realized loss when, at maturity and each monthly clean-up for the vintage, cumulative actual performance is above the initial expectation. Caps are set as a percentage of purchased notional per vintage; downside and upside amounts are each limited to a maximum percentage of the original principal balance of loans in the eligible vintage. These contracts are shared amongst several affiliated funds managed by the Sub-Adviser and call for several liability on each funds’ behalf. The Fund’s fair value measurement incorporates these caps, expected-versus-initial performance assessments, escrow funding and release mechanics, and program-level collateralization features at each reporting date. For more information regarding these risk share contracts, please refer to the Consolidated Schedule of Investments.

The Fund has also entered into risk protection contracts with another lending platform. These risk protection contracts contain a one-way loss (downside) protection for the Fund related to the performance of the asset-based security pass-through certificates held by the Fund. On each testing date, the paying agent will calculate the cumulative net default ratio. If cumulative net defaults exceed scheduled charge-off triggers, the lending platform must make protection payments to the Fund, capped at a percentage of the cutoff-date loan balance. If however, cumulative net defaults result in a rebate, the paying agent will withhold an amount equal to such rebate out of the residual interest waterfall before paying the Fund, and remit such amounts back to the lending platform, provided that such rebate payments do not exceed the aggregate protection payment amounts paid to the Fund during prior testing dates. No such liabilities are borne out of the rebate. Accordingly, the Fund recognizes an unrealized gain (subject to the applicable cap) when current actual cumulative defaults are above the initial expectation, and recognizes a realized gain when, at maturity and each monthly clean-up, cumulative actual defaults are above the initial expectation. For more information regarding these risk share contracts, please refer to the Consolidated Schedule of Investments.

(i)

Derivative Contracts

The Fund records derivative contracts as assets or liabilities at fair value in its consolidated financial statements. Gains and losses from derivative contracts are included in net unrealized and realized gains (losses) in the Consolidated Statement of Operations.

Derivatives may include, without limitation, options, futures contracts, options on futures contracts, forward foreign currency exchange contracts, “spot” transactions, derivatives and swap arrangements involving securities indices or other indices, financial instruments, interest rates, currencies, commodities, risk share contracts and credit default swaps.

In the normal course of business, the Fund enters into derivative contracts for trading and hedging purposes in order to meet the investment objectives of the Fund. Derivatives are valued at fair value by using independent prices from major exchanges or, if not available, independent broker quotations or pricing models that consider the time value of money, volatility, and the current market and contractual prices of the underlying instrument. The resulting changes in fair value are reflected in the net realized gain (loss) and change in unrealized gain (loss) on investments in the Consolidated Statement of Operations.

106

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

As of June 30, 2026, the Fund held the following derivative instruments:


Derivative Type	Consolidated Statement of Assets and Liabilities	Fair Value
Risk share contracts (Asset)	Unrealized appreciation on risk share contracts	$	204,155

The effect of transactions in derivative instruments for the period ended June 30, 2026 were as follows:


Derivative Type	Consolidated Statement of Operations	Amount of Gain (Loss) Recognized in Income on Derivatives
Risk share contracts	Net change in unrealized appreciation on risk share contracts		$3,798
Risk share contracts	Net realized gain on risk share contracts	$	308,026

Agreements & Related Party Transactions

(a)

Investment Advisory Agreement and Investment Sub-Advisory Agreement

The Investment Adviser provides investment advisory services to the Fund pursuant to an investment advisory agreement and incurs research, travel and other expenses related to the selection and monitoring of underlying investments. Further, the Investment Adviser provides certain management and administrative services including providing office space and other support services, maintaining files and records, and preparing and filing various regulatory materials.

In consideration for services provided under an investment sub-advisory agreement, the Investment Adviser pays the Sub-Adviser a monthly fee equal to 90% of the Management Fee (as defined below) and pays quarterly 100% of the Incentive Fee (as defined below) received from the Fund.

(b)

Management Fee

In consideration of the investment advisory and management services provided by the Investment Adviser pursuant to the investment advisory agreement, the Fund pays the Investment Adviser a monthly management fee (the “Management Fee”) at an annual rate of 1.00% of the average daily net assets. The Management Fee is calculated and payable monthly in arrears. The Management Fee amounted to $436,720 for the period ended June 30, 2026.

The Investment Adviser has agreed, that for the period beginning on the date of commencement of operations (the “Commencement Date”) of the Fund through the date that is one year from the Commencement Date, to reduce its Management Fee to 0.50% per annum of the average daily Net Assets of the Fund (the “Fee Waiver”). The Investment Adviser has subsequently extended this Fee Waiver through April 30, 2027. Amounts waived by the Investment Adviser pursuant to this agreement are not subject to recoupment by the Investment Adviser. The amount waived under the Fee Waiver was $218,360 for the period ended June 30, 2026.

107

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

(c)

Incentive Fee

In addition to the annual management fee, the Fund will pay the Investment Adviser an income based incentive fee (“Incentive Fee”). The Incentive Fee is based on income, whereby the Fund will calculate and pay quarterly in arrears 10% of its Pre-Incentive Fee Net Investment Income (as defined below) for the immediately preceding quarter, and is subject to a hurdle rate, expressed as a rate of return on the Fund’s “adjusted capital,” equal to 1.25% per quarter (or an annualized hurdle rate of 5.00%), subject to a “catch-up” feature. For this purpose, “Pre-Incentive Fee Net Investment Income” means interest income, dividend income and any other income accrued during the calendar quarter, minus the Fund’s operating expenses for the quarter. Pre Incentive Fee Net Investment Income does not include any realized capital gains or losses or unrealized capital appreciation or depreciation.

The “catch-up” provision is intended to provide the Investment Adviser with an incentive fee of 10% on all of the Fund’s Pre-Incentive Fee Net Investment Income when the Fund’s Pre-Incentive Fee Net Investment Income reaches 1.3889% of Net Assets in any calendar quarter. Thus, each calendar quarter the Fund will compare its Pre-Incentive Fee Net Investment Income, expressed as a percentage of the Fund’s Net Assets in respect of the relevant calendar quarter, to a hurdle rate of 1.25%. If the Fund’s Pre-Incentive Fee Net Investment Income is less than the hurdle rate, then the Investment Adviser will not be paid the Incentive Fee in respect of that quarter. If the Fund’s Pre-Incentive Fee Net Investment Income is between 1.25% and 1.3889% (the “Catch-up Range”), then the Investment Adviser will be paid the Incentive Fee in respect of that quarter in an amount equal to 100% of the Fund’s Pre-Incentive Fee Net Investment Income within the Catch-up Range (the “Catch-up Amount”). If the Fund’s Pre-Incentive Fee Net Investment Income exceeds 1.3889%, then the Investment Adviser will be paid the Incentive Fee in respect of that quarter in an amount equal to the Catch-up Amount plus 10% of net investment income above 1.3889%. For the period ended June 30, 2026, the Incentive Fee amounted to $643,024.

(d)

Expense Limitation Agreement

The Investment Adviser has entered into an expense limitation agreement (the “Expense Limitation Agreement”) with the Fund, whereby the Investment Adviser has agreed to waive fees that it would otherwise be paid, and/or to assume expenses of the Fund, if required to ensure certain annual operating expenses, exclusive of certain “Excluded Expenses” listed below, do not exceed 0.75% of the average daily Net Assets of Institutional Class Shares (which may be referred to herein as “Class I”), Class A-1 Shares, and Class A-2 Shares (the “Expense Limitation”). “Excluded Expenses” include: (i) the Management Fee; (ii) the Incentive Fee; (iii) any Distribution and Servicing Fee (as defined below); (iv) all fees and expenses of special purpose entities and securitization vehicles in which the Fund or a subsidiary invests (including management fees, performance based incentive fees, and administrative service fees); (v) fees payable to third parties in connection with the sourcing or identification of portfolio investments; (vi) acquired fund fees and expenses of the Fund or a subsidiary; (vii) interest payments incurred by the Fund or a subsidiary; (viii) fees and expenses incurred in connection with any credit facilities obtained by the Fund or a subsidiary; (ix) taxes of the Fund or a subsidiary; (x) transactional costs associated with consummated and unconsummated transactions, including legal costs, sourcing fees, servicing fees and brokerage commissions, associated with the acquisition, disposition and maintenance of investments; (xi) fees payable to data

108

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

management and financial operations platforms used in connection with the Fund’s investments; (xii) valuation service providers; and (xiii) extraordinary expenses (expenses resulting from events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence).

With respect to each class of Shares, the Fund has agreed to repay the Investment Adviser any fees waived or any expenses the Investment Adviser reimburses pursuant to the Expense Limitation Agreement for such class of Shares, provided the repayments do not cause the annual operating expenses for that class of Shares to exceed the expense limitation in place at the time the fees were waived and/or the expenses were reimbursed, or the expense limitation in place at the time the Fund repays the Investment Adviser, whichever is lower. Any such repayments must be made within three years after the month in which the Investment Adviser incurred the expense. For the avoidance of doubt, this provision applies to both the Expense Limitation and the O&O Limitation.

The Expense Limitation Agreement has an initial term ending one year from the date of commencement of operations of the Fund, and the Investment Adviser may extend the term for a period of one year on an annual basis. The Investment Adviser may not terminate the O&O Limitation without prior approval of the Board and, before the date that is one year from the commencement of operations, the Investment Adviser may not terminate the Expense Limitation without prior approval of the Board. During the period ended June 30, 2026, the Investment Adviser reimbursed the Fund in the amount of $551,647 for expenses accrued above the Expense Limitation. This is shown as part of the Consolidated Statement of Operations.

(e)

Distributor

Class A-1 Shares and Class A-2 Shares are subject to a distribution and servicing fee (“Distribution and Servicing Fee”) at an annual rate of 0.75% based on the aggregate Net Assets of the Fund attributable to such class payable to Neuberger Berman BD LLC, an affiliate of the Adviser (the “Distributor”). For purposes of determining the Distribution and Servicing Fee, net asset value will be calculated prior to any reduction for any fees and expenses, including, without limitation, the Distribution and Servicing Fee payable. Institutional Class Shares are not subject to a Distribution and Servicing Fee.

(f)

Related Parties

During the period ended June 30, 2026, Neuberger Berman Group LLC, the parent of the Adviser, made several purchases of Institutional Class Shares, which amounted to $23,100,000.

(g)

Trustees Compensation

The Board consists of six Trustees, all of which are not “interested persons” of the Fund as defined by Section 2(a)(19) of the 1940 Act. Compensation to the Board is paid and expensed by the Fund on a quarterly basis. The Trustees are also reimbursed for out of pocket expenses in connection with providing their services to the Fund. For the period ended June 30, 2026, the Fund incurred $163,994 in Trustees fees and expenses.

109

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

Custody and Fund Administration

(a)

Custodian

U.S. Bank National Association (“U.S. Bank”) serves as the Fund’s custodian. The Fund pays U.S. Bank a monthly fee based on the average daily market value of all securities and cash held by the Fund, plus certain transaction fees.

(b)

Fund Administration

U.S. Bancorp Fund Services, LLC (“USBFS”), an affiliate of U.S. Bank, serves as the Fund’s administrator and provides certain administrative services necessary for the operation of the Fund, including maintaining certain Fund books and records, providing accounting and tax services and preparing certain regulatory filings. The Fund pays USBFS a monthly fee for these services on a tiered schedule at an annual rate based on its average daily Net Assets, subject to a minimum annual fee.

(c)

Transfer Agent

SS&C GIDS, Inc. (“SS&C”) serves as the Fund’s distribution paying agent, transfer agent and registrar. The Fund pays SS&C a monthly base fee, an asset-based tiered fee, and annual per shareholder account charges for these services.

Capital Shares

(a)

Share Classes

The Fund offers three separate classes of Shares designated as Class I, Class A-1, and Class A-2. Each class of Shares has differing characteristics, particularly in terms of the sales charges that Shareholders in that class may bear, and the distribution and service fees that each class may be charged. The Fund may offer additional classes of Shares in the future.

(b)

Minimum Investment

The minimum initial investment in the Fund by any investor in Class I, Class A-1 or Class A-2 Shares is $2,500, and the minimum additional investment in each class of Shares is $2,500. The Fund, in its sole discretion, may accept investments below these minimums.

(c)

Purchasing Shares

The Shares are offered on a continuous basis at an offering price equal to the Fund’s then-current NAV per Share, plus any applicable sales load. Shares generally are offered for purchase on any day the New York Stock Exchange is open for business (each, a “Business Day”), except that Shares may be offered more or less frequently as determined by the Board in its sole discretion. The price of the Shares during the Fund’s continuous offering will fluctuate over time with the NAV of the Shares.

110

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

(d)

Periodic Repurchase Offers

The Fund is an “interval fund” and has adopted a fundamental investment policy to make quarterly offers to repurchase between 5% and 25% of its outstanding Shares at NAV pursuant to Rule 23c-3 under the 1940 Act, unless such offer is suspended or postponed in accordance with regulatory requirements. The Fund intends to provide written notice of quarterly repurchase offers in the months of January, April, July and October. The offer to purchase Shares is a fundamental policy that may not be changed without the vote of the holders of a majority of the Fund’s outstanding voting securities (as defined in the 1940 Act). Written notification of each quarterly repurchase offer (the “Repurchase Offer Notice”) is sent to shareholders at least 21 calendar days before the repurchase request deadline (i.e., the date by which shareholders can tender their Shares in response to a repurchase offer) (the “Repurchase Request Deadline”); however, the Fund will seek to provide such written notification earlier but no more than 42 calendar days before the Repurchase Request Deadline. Shareholders may withdraw or modify their requests to tender their Shares for repurchase at any time prior to the Repurchase Request Deadline. The NAV at which a repurchase is effected will be calculated no later than the 14th calendar day (or the next business day if the 14th calendar day is not a business day) after the Repurchase Request Deadline (the “Repurchase Pricing Date”). The Fund will distribute payment to shareholders within seven calendar days after the Repurchase Pricing Date.

If a repurchase offer is oversubscribed and the Fund determines not to repurchase additional Shares beyond the repurchase offer amount, or if shareholders tender an amount of Shares greater than that which the Fund is entitled to purchase, the Fund will repurchase the Shares tendered on a pro rata basis, and shareholders will have to wait until the next repurchase offer to make another repurchase request. If the repurchase offer is oversubscribed, the Fund may, in its sole discretion, repurchase an additional number of Shares not to exceed 2% of the Shares outstanding on the repurchase request deadline.

The following table is a reconciliation of Shares sold, issued, and repurchased for the period ended June 30, 2026:


	Class I
	Period Ended June 30, 2026		Period Ended December 31, 2025
Shares Sold		2,349,537		7,286,427
Shares issued to holders in reinvestment of distributions		54		-
Shares repurchased		-		-

Net increase in shares outstanding		2,349,591		7,286,427
Shares outstanding, beginning of period		7,296,427		10,000

Shares outstanding, ending of period		9,646,018		7,296,427

(e)

Additional Shares Program

Under the terms of the Fund’s additional share program (“Additional Share Program”), the Investment Adviser or its affiliate will contribute cash to the Fund pursuant to which eligible investors will receive additional shares of the Fund (“Additional Shares”) issued by the Fund to investors that purchase Shares during the Additional Share Period, as described below, at no additional cost. At the end of the

111

Neuberger Asset-Based Credit Fund

Notes to Consolidated Financial Statements

June 30, 2026

Additional Share Period, investors will receive Additional Shares in an amount equal to 3.00% of the number of Fund shares held by such investor on the Additional Share Period End Date (as defined below). Such Additional Shares will have the same rights as other Shares of the same Share class and all Share classes are eligible to participate in the Additional Share Program. The Additional Share Program will continue until the earlier of (i) December 31, 2026 or (ii) the date that the Fund receives $300 million of subscriptions (exclusive of affiliated seed investments) (such date, the “Additional Share Period End Date”). In order to be eligible for Additional Shares, an investor must hold Shares on the Additional Share Period End Date as Additional Shares will be issued based on the number of Shares held by such investor on the Additional Share Period End Date. The payments from the Investment Adviser or its affiliate will be made from their own assets (and not the Fund’s assets).

Line of Credit and Financing Facility

The Fund has a secured, revolving line of credit facility with Sun Life Assurance Company of Canada and Sun Life Financial Trust Inc. (the “Sun Life Facility”). The breakdown of commitments by the lenders is as follows:


Sun Life Assurance Company of Canada	$	42,500,000
Sun Life Financial Trust Inc	$	7,500,000

Both Holdings A and NB Asset-Based Credit Trust 2025-1 are named as borrowers of the Sun Life Facility, and as such, have pledged a first-priority security interest in all assets held within each entity. Interest for each billing period is computed by applying a daily periodic rate of (i) SOFR plus 2.125% (“SOFR Rate Loan”) on funded amounts. As of June 30, 2026, the interest rate on the outstanding balance was approximately 5.75% per annum. The Sun Life Facility has a scheduled maturity date of August 21, 2027, subject to a 2-year extension with an applicable extension fee, at which time the Fund will repay the principal balance in full. The Fund paid an upfront fee of 0.25% for the Sun Life Facility and pays fees on unused balances of 0.35% per annum pending certain conditions. The unused fee was waived for the initial 6-month period (the “Ramp-Up Period”), and subsequently extended for another 6-month period, which expired on 8/21/2026.

As of June 30, 2026, the Fund had $23,700,000 of borrowing against the Sun Life Facility. During the period ended June 30, 2026, the Fund incurred interest expense of $748,319. In connection with this facility, the Fund also paid an upfront fee of $125,000 to the lender, and incurred $443,847 in legal fees, both of which are being amortized over a 4-year period. During the period ended June 30, 2026, this amortization amounted to $84,995. The remaining unamortized balance is reflected in the Consolidated Statement of Assets and Liabilities as deferred debt issuance costs. This interest expense and amortization are combined into Interest expense and debt issuance costs on the Fund’s Consolidated Statement of Operations. Detailed below is summary information concerning the borrowing:


# of Days Outstanding	Average Daily Balance		Annualized Weighted Average Rate
181	$	25,711,050		5.79	%

As of June 30, 2026, the Fund was in compliance with the covenants as detailed within the Sun Life Facility agreement.

112

(b)

Not applicable.

Item 2. Code of Ethics.

Not applicable for semi-annual reports.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual reports.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual reports.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Investments.

(a) A Consolidated Schedule of Investments is included as part of the Report to Shareholders filed under Item 1(a) of this Form N-CSR.

(b) Not applicable.

Item 7. Financial Statements and Financial Highlights for Open-End Investment Companies.

Not applicable.

Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.

Not applicable.

Item 9. Proxy Disclosure for Open-End Investment Companies.

Not applicable.

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.

Not applicable.

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

Not applicable.

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable for semi-annual reports.

Item 13. Portfolio Managers of Closed-End Management Investment Companies.

(a) Not applicable for semi-annual reports.

(b) Not applicable.

Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

None.

Item 15. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which members may recommend nominees to the registrant’s Board of Trustees.

Item 16. Controls and Procedures.

(a) The Registrant’s President (Principal Executive Officer) and Treasurer (Principal Financial Officer) have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) were effective as of a date within 90 days prior to the filing date of this report, based on their evaluation of the effectiveness of the Registrant’s disclosure controls and procedures, as required by Rule 30a-3(b) under the 1940 Act.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

(a) Not applicable.

(b) Not applicable.

Item 18. Recovery of Erroneously Awarded Compensation.

Not applicable.

Item 19. Exhibits.

(a)(1) Not applicable.

(2) Not applicable.

(3) Separate certifications for the Registrant’s Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(a) under the 1940 Act, are filed herewith.

(4) Not applicable.

(5) Not applicable.

(b) Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are furnished herewith.


Consolidated Statement of Assets and Liabilities			2

Consolidated Statement of Operations			3

Consolidated Statement of Changes in Net Assets			4

Consolidated Statement of Cashflows			5

Consolidated Schedule of Investments			6

Consolidated Financial Highlights			89

Notes to Consolidated Financial Statements (Unaudited)			90

1. Organization			90

2. Significant Accounting Policies			90

3. Investments			103

4. Agreements & Related Party Transactions			107

5. Custody and Fund Administration			110

6. Capital Shares			110

7. Line of Credit and Financing Facility			112

8. Commitments and Contingencies			113

9. Subsequent Events Evaluation			113

Availability of Quarterly Portfolio Holdings Schedules (Unaudited)			114

Proxy Voting Policies and Procedures and Proxy Voting Record (Unaudited)			114