Liquidation: NEUBERGER BERMAN EQUITY FUNDS

Form Type: 497

Filing Date: 2025-04-09

Corporate Action: Liquidation

Type: New

Accession Number: 000089843225000252

Filing Summary: The Board of Trustees of Neuberger Berman Equity Funds has approved the liquidation of the Neuberger Berman International Small Cap Fund. The Fund will cease its investment operations, liquidate its assets, and make a liquidating distribution to shareholders of record. The anticipated date of liquidation is on or about May 28, 2025. Shareholders may redeem their shares until May 14, 2025, after which no new orders will be accepted. Shareholders who purchased Class A or Class C shares post-April 1, 2025 will be reimbursed any applicable sales charge. The liquidation will lead to taxable events for shareholders, which may affect capital gains or losses. Shareholders are advised to consult tax advisors regarding potential consequences. The document serves as a supplement to the existing prospectuses and includes details on the transition to cash equivalents as part of the liquidation process and the options available for shareholders prior to that date.

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Form Type: 497K

Filing Date: 2025-04-09

Corporate Action: Liquidation

Type: New

Accession Number: 000089843225000253

Filing Summary: The Board of Trustees of Neuberger Berman Equity Funds has approved the liquidation of the Neuberger Berman International Small Cap Fund. The Fund will cease investment operations, liquidate its assets, and make liquidating distributions to shareholders of record. The anticipated liquidation date is on or about May 28, 2025. Shareholders can redeem their Fund shares until the Liquidation Date, but as of May 14, 2025, no new orders for Fund share purchases will be accepted. Shareholders who purchased Class A or Class C shares after April 1, 2025 will be reimbursed applicable sales charges. Shareholders are encouraged to consider fund exchange options. The Fund's liquidation will generate taxable events and shareholders should consult tax advisors regarding potential tax consequences, including those related to retirement accounts. All liquidating distributions will be treated as exchanges for shares, potentially resulting in capital gains or losses depending on the tax basis.

Document Link: View Document

Form Type: 497K

Filing Date: 2025-04-09

Corporate Action: Liquidation

Type: New

Accession Number: 000089843225000254

Filing Summary: The Board of Trustees of Neuberger Berman Equity Funds has approved the liquidation of Neuberger Berman International Small Cap Fund, ceasing investment operations and liquidating assets with a liquidation date anticipated around May 28, 2025. Shareholders can redeem shares until May 14, 2025, after which no new purchases will be accepted. The Fund will convert portfolio securities to cash and may declare taxable distributions before liquidation. Shareholders who purchased on or after April 1, 2025, will be reimbursed any applicable sales charge. Liquidation proceeds will result in taxable events, and shareholders should consult tax advisors regarding potential implications. The document, dated April 9, 2025, serves as a supplement to existing disclosures for the Fund.

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