Company:  NEUBERGER BERMAN ALTERNAT ... (NABAX)
Form Type:  N-CSR
Filing Date:  1/5/2012 
CIK:  0001317474 
Address:  605 THIRD AVENUE 2ND FLOOR 
City, State, Zip:  NEW YORK, New York 10158 
Telephone:  (212) 476-8800 
Fiscal Year:  10/31 
Last Trade
Last Trade: 
$10.50   		Change: 
N/A  
Trade Time: 
May 17   		Market Cap: 
N/A
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  FORM N-CSR
    Item 1. Report to Shareholders.
      PORTFOLIO OF INVESTMENTS
      Report of Independent Registered Public Accounting Firm 34
      FUND PERFORMANCE
      PORTFOLIO OF INVESTMENTS
      PORTFOLIO OF INVESTMENTS
      FINANCIAL STATEMENTS
        ASSETS AND LIABILITIES
        ASSETS AND LIABILITIES
        STATEMENT OF OPERATIONS
        STATEMENT OF CHANGES IN NET ASSETS
        Notes to Financial Statements Alternative Funds
        ASSETS AND LIABILITIES
        FINANCIAL HIGHLIGHTS TABLE
        FINANCIAL HIGHLIGHTS TABLE
        Report of Independent Registered Public Accounting Firm
      Trustees and Officers
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
    Item 2. Code of Ethics.
    Item 3. Audit Committee Financial Expert.
    Item 4. Principal Accountant Fees and Services.
    Item 5. Audit Committee of Listed Registrants.
    Item 7. Disclosure of Proxy Voting Policies and Procedures ...
    Item 11. Controls and Procedures.
    SIGNATURES
  EXHIBIT 99.CERT
  EXHIBIT 99.906 CERT
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