0000898432-13-000041.txt : 20130111 0000898432-13-000041.hdr.sgml : 20130111 20130110184113 ACCESSION NUMBER: 0000898432-13-000041 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20130111 DATE AS OF CHANGE: 20130110 EFFECTIVENESS DATE: 20130111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEUBERGER BERMAN ALTERNATIVE FUNDS CENTRAL INDEX KEY: 0001317474 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-122847 FILM NUMBER: 13523947 BUSINESS ADDRESS: STREET 1: 605 THIRD AVENUE STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10158 BUSINESS PHONE: (212) 476-8800 MAIL ADDRESS: STREET 1: 605 THIRD AVENUE STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10158 FORMER COMPANY: FORMER CONFORMED NAME: NEUBERGER BERMAN INSTITUTIONAL LIQUIDITY FUNDS DATE OF NAME CHANGE: 20090601 FORMER COMPANY: FORMER CONFORMED NAME: LEHMAN BROTHERS INSTITUTIONAL LIQUIDITY FUNDS DATE OF NAME CHANGE: 20061023 FORMER COMPANY: FORMER CONFORMED NAME: LEHMAN BROTHERS INVESTOR LIQUIDITY SERIES DATE OF NAME CHANGE: 20050211 0001317474 S000038903 Neuberger Berman Dynamic Real Return Fund C000119683 Class A NDRAX C000119684 Class C NDRCX C000119685 Institutional Class NDRIX 497 1 a497.htm a497.htm
EXPLANATORY NOTE

Attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the prospectus dated December 19, 2012, for Neuberger Berman Dynamic Real Return Fund, a series of Neuberger Berman Alternative Funds, which was filed with the Securities and Exchange Commission on December 19, 2012 (Accession No. 0000898432-12-001448) in definitive form.
EX-101.INS 2 nbaf-20121219.xml 0001317474 2012-12-19 2012-12-19 0001317474 nbaf:S000038903Member 2012-12-19 2012-12-19 0001317474 nbaf:S000038903Member nbaf:C000119683Member 2012-12-19 2012-12-19 0001317474 nbaf:S000038903Member nbaf:C000119684Member 2012-12-19 2012-12-19 0001317474 nbaf:S000038903Member nbaf:C000119685Member 2012-12-19 2012-12-19 iso4217:USD xbrli:pure For Class A shares, a CDSC of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. For Class C shares, the CDSC is eliminated one year after purchase. "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary. Neuberger Berman Management LLC (NBM) has contractually undertaken to forgo current payment of fees and/or reimburse certain expenses of Class A, Class C and Institutional Class so that the total annual operating expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, dividend and interest expenses on short sales, and extraordinary expenses, if any) of each class are limited to 1.26%, 2.01% and 0.90% of average net assets, respectively. Each of these undertakings lasts until 10/31/2015. These undertakings may not be terminated during their term without the consent of the Board. The Fund has agreed that each of Class A, Class C and Institutional Class will repay NBM for fees and expenses forgone or reimbursed for the class provided that repayment does not cause annual operating expenses to exceed 1.26%, 2.01% and 0.90% of the class' average net assets, respectively. Any such repayment must be made within three years after the year in which NBM incurred the expense. In addition, for any assets that the Fund invests in an affiliated Underlying Fund (as defined below), NBM has undertaken to waive a portion of the Fund's advisory fee equal to the advisory fee it receives from such affiliated Underlying Fund on those assets. This undertaking lasts until 2/28/2014. This undertaking may not be terminated during its term without the consent of the Board. Neuberger Berman Alternative Funds Other false 0001317474 2012-12-19 2012-12-19 2012-12-19 2012-12-19 Neuberger Berman Dynamic Real Return Fund Expense Example <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The expense example can help you compare costs among mutual funds. The example assumes that you invested $10,000 for the periods shown, that the Fund earned a hypothetical 5% total return each year, and that the Fund&#8217;s expenses were those in the table. For Class A and Institutional Class shares, your costs would be the same whether you sold your shares or continued to hold them at the end of each period. Actual performance and expenses may be higher or lower.</font> </div> 706 706 984 984 315 664 215 664 103 103 322 322 ~ http://nb.com/20121219/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact nbaf_S000038903Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://nb.com/20121219/role/ScheduleExpenseExampleNoRedemptionTransposed20004 column dei_LegalEntityAxis compact nbaf_S000038903Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ FEES AND EXPENSES <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">These tables describe the fees and expenses that you may pay if you buy, hold or sell shares of the Fund. You may qualify for initial sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Neuberger Berman funds. More information about these and other discounts is available from your investment provider and in &#8220;Sales Charge Reductions and Waivers&#8221; on page 38 in the Fund&#8217;s prospectus and in &#8220;Additional Purchase Information &#8211; Sales Charge Reductions and Waivers&#8221; on page 107 in the Fund&#8217;s SAI.</font> </div> 0.0575 0.0000 0.0000 0.0000 0.0100 0.0000 0.0091 0.0091 0.0080 0.0025 0.0100 0.0000 0.0055 0.0055 0.0055 0.0034 0.0034 0.0034 0.0205 0.0280 0.0169 -0.0068 -0.0068 -0.0068 0.0137 0.0212 0.0101 ~ http://nb.com/20121219/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact nbaf_S000038903Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://nb.com/20121219/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact nbaf_S000038903Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 2015-10-31 You may qualify for initial sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Neuberger Berman funds. Annual Fund Operating Expenses (expenses that you pay each year as a % of the value of your investment) 50000 "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary. "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary. Shareholder Fees (fees paid directly from your investment) Portfolio Turnover <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the Fund&#8217;s performance.</font> </div> PERFORMANCE <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Performance history will be available for the Fund after the Fund has been in operation for one calendar year.</font> </div> Performance history will be available for the Fund after the Fund has been in operation for one calendar year. GOAL <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund seeks to provide long-term attractive risk-adjusted real returns in stable to rising inflationary environments, with a secondary objective to preserve investor capital.</font> </div> PRINCIPAL INVESTMENT RISKS <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Most of the Fund&#8217;s performance depends on the Portfolio Managers&#8217; success in evaluating the factors that determine the rates and sources of inflation as well as what happens in the equity, fixed income, real estate and commodities markets. The Fund&#8217;s use of derivative instruments will result in leverage, which can amplify or alter the risks that are associated with these markets. The markets&#8217; behavior is unpredictable, particularly in the short term. There can be no guarantee that the Fund will achieve its goal.</font><br /> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The actual risk exposure taken by the Fund in its investment program will vary over time, depending on various factors including, but not limited to, the Portfolio Managers&#8217; allocation decisions among asset classes and their correlation with inflation, as well as the accuracy of the investment model used. There can be no guarantee that the Portfolio Managers will be successful in their attempts to manage the risk exposure of the Fund.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund is intended primarily to provide long-term attractive risk-adjusted real returns in stable to rising inflationary environments; however, there is no assurance that it will do so. The Fund will not necessarily protect against a loss, and may underperform against the broader equity markets.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Inflationary periods may differ from one another in their effect on the various asset classes the Fund invests in, depending on, among other reasons, the root causes of the inflation, whether it is accompanied by other macroeconomic phenomena, and the nature and extent of any governmental programs to curtail the inflation. If the Portfolio Managers are incorrect in their efforts to forecast or evaluate these factors or optimally allocate assets, Fund performance could be affected negatively.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund is a mutual fund, not a bank deposit, and is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. The value of your investment may fall, sometimes sharply, and you could lose money by investing in the Fund.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The following factors can significantly affect the Fund&#8217;s performance, which, unless otherwise noted, include those that may directly or indirectly affect the Fund through its investments in Underlying Funds:</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Market Volatility.</font> Markets are volatile and values of individual securities and other investments can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value. To the extent that the Fund sells a portfolio position before it reaches its market peak, it may miss out on opportunities for higher performance.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Issuer-Specific Risk.</font> The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Inflation/Deflation Risk.</font> Although the Fund is intended to provide a measure of protection against inflation, it is possible that it will not do so to the extent intended. The Fund&#8217;s investments may be adversely affected to a greater extent than other investments during deflationary periods.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Market Capitalization Risk.</font> To the extent the Fund emphasizes small-, mid-, or large-cap stocks, it takes on the associated risks. Compared to small- and mid-cap companies, large-cap companies may be less responsive to changes and opportunities. At times, the stocks of larger companies may lag other types of stocks in performance. The stocks of small- and mid-cap companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of stocks by the underperformance of a sector or during market downturns. Compared to large-cap companies, small- and mid-cap companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Sector Risk.</font> To the extent the Fund invests more heavily in particular sectors, its performance will be especially sensitive to developments that significantly affect those sectors. Individual sectors may move up and down more than the broader market. The instruments or industries that constitute a sector may all react in the same way to economic, political or regulatory events. Alternatively, the lack of exposure to one or more sectors may adversely affect performance. Because the Fund is focused on inflation and not broad market performance, it may hold a limited number of securities and may at times be substantially over- and under-weighted in certain economic sectors. As such, the Fund&#8217;s performance is likely to be disproportionately affected by the factors influencing those sectors.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">If the Fund emphasizes the real estate sector, energy sector, materials sector, or a combination of those sectors, your investment in the Fund will be linked to the performance of one or multiple sectors and the value of the Fund&#8217;s shares may change at different rates compared to the value of shares of a fund with investments in a mix of different sectors or industries.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Risks of Investing in Underlying Funds.</font> The Fund may invest in Underlying Funds, including funds in the Neuberger Berman fund family. The investment performance of the Fund is directly related to the investment performance of the Underlying Funds in which it invests and the allocations among those Underlying Funds. The Fund is exposed to the same principal risks as the Underlying Funds as well as to the Underlying Funds&#8217; expenses in direct proportion to the allocation of its assets to the Underlying Funds, which could result in the duplication of certain fees, including the management and administration fees. Neuberger Berman Management LLC is the investment manager for both the Fund and the funds in the Neuberger Berman fund family and may be deemed to have a conflict of interest in determining the allocation of the Fund to the funds in the Neuberger Berman fund family.</font> </div> <br/><div> <br /> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund may invest in an Underlying Fund that invests in a wholly owned subsidiary (&#8220;Subsidiary&#8221;) and is subject to the following additional risks, in addition to other risks, such as Commodity Risk<font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">.&#160;&#160;The following risks would also apply to the Fund if it invests in its own wholly owned subsidiary.</font></font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Tax Risk.</font> To qualify as a regulated investment company (&#8220;RIC&#8221;), the Underlying Fund must derive at least 90% of its gross income for each taxable year from sources treated as &#8220;qualifying income&#8221; under the Internal Revenue Code of 1986, as amended. Although qualifying income does not include income derived directly from commodities, including certain commodity-linked derivative instruments, the Internal Revenue Service (&#8220;Service&#8221;) has issued a large number of private letter rulings (which the Underlying Fund may not cite as precedent) in recent years that income a RIC derives from a wholly owned foreign subsidiary (such as the Subsidiary) that earns income derived from commodities is qualifying income. The Service suspended the issuance of those rulings in July 2011. The Underlying Fund nevertheless has received an opinion of counsel, which is not binding on the Service or the courts, that income the Underlying Fund derives from the Subsidiary should constitute qualifying income.</font></font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The tax treatment of income from commodity-related investments and the Underlying Fund&#8217;s income from the Subsidiary may be adversely affected by future legislation, Treasury Regulations, and/or guidance issued by the Service that could affect the character, timing, and/or amount of the Underlying Fund&#8217;s taxable income or capital gains and distributions it makes. If the Service were to change its ruling position, such that the Underlying Fund&#8217;s income from the Subsidiary was not qualifying income, the Underlying Fund could be unable to qualify as a RIC for one or more years. If the Underlying Fund failed to so qualify for any taxable year but was eligible to and did cure the failure, it would incur potentially significant additional federal income tax expense. If, on the other hand, the Underlying Fund failed to so qualify for any taxable year, and was ineligible to or otherwise did not cure the failure, it would be subject to federal income tax on its taxable income at corporate rates, with the consequence that its income available for distribution to shareholders would be reduced and all such distributions from earnings and profits would be taxable to them as dividend income. In that event, the Underlying Fund&#8217;s Board of Trustees may authorize a significant change in investment strategy or the Underlying Fund&#8217;s liquidation.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Subsidiary Risk.</font> By investing in the Subsidiary, the Underlying Fund is indirectly exposed to the risks associated with the Subsidiary&#8217;s investments. The commodity-linked derivative instruments and other investments held by the Subsidiary are similar to those that are permitted to be held by the Underlying Fund, and thus, are subject to the same risks whether or not they are held by the Underlying Fund or the Subsidiary. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;), and, unless otherwise noted in this prospectus, is not subject to all the investor protections of the 1940 Act, including, for example, those related to transactions with affiliates. However, the Underlying Fund wholly owns and controls the Subsidiary, and the Underlying Fund and Subsidiary are both managed by Neuberger Berman Management LLC and subadvised by Neuberger Berman Fixed Income LLC, making it unlikely that the Subsidiary will take action contrary to the interests of the Underlying</font> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Fund and its shareholders. In addition, in adhering to the Underlying Fund&#8217;s investment restrictions and limitations, Neuberger Berman Management LLC will treat the assets of the Subsidiary in the same manner as assets that are held directly by the Underlying Fund. Changes in the laws of the United States and/or the Cayman Islands, under which the Underlying Fund and the Subsidiary, respectively, are organized, could result in the</font></font> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">inability of the Underlying Fund and/or the Subsidiary to operate as described in this prospectus and the Statement of Additional Information and could adversely affect the Underlying Fund and its shareholders.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Regulatory Risk.</font> Governments, agencies, or other regulatory bodies may adopt or change laws or regulations that could adversely affect the issuer, the market value of the security, or the Underlying Fund&#8217;s performance. Under recent Commodity Futures Trading Commission (&#8220;CFTC&#8221;) rule amendments, the Underlying Fund will need to comply with certain disclosure and operational regulations governing commodity pools, which will increase the Underlying Fund&#8217;s regulatory compliance costs. To the extent additional regulations are adopted, the Underlying Fund may be compelled to consider significant changes, which could include substantially altering its principal investment strategies or, if deemed necessary, liquidating the Underlying Fund.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In addition, if the Underlying Fund did not qualify for treatment as a RIC, that could cause the Fund to be unable to qualify as a RIC, which would adversely affect the Fund&#8217;s shareholders.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Commodity Risk.</font> The Fund&#8217;s investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the Fund to greater volatility than investments in traditional securities. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities in commodities. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. To the extent the Fund or an Underlying Fund focuses its investments in a particular commodity in the commodities market, it will be more susceptible to risks associated with the particular commodity. No active trading market may exist for certain commodities investments. Because the Fund&#8217;s performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of significant fluctuations in the value of the Fund&#8217;s shares.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Value Stock Risk.</font> Value stocks may remain undervalued during a given period or may not ever realize their full value. This may happen, among other reasons, because of a failure to anticipate which stocks or industries would benefit from changing market or economic conditions.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Growth Stock Risk.</font> Because the prices of most growth stocks are based on future expectations, these stocks tend to be more sensitive than value stocks to bad economic news and negative earnings surprises. Bad economic news or changing investor perceptions can negatively affect growth stocks across several industries and sectors simultaneously.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Distressed Securities Risk.</font> In certain periods, there may be little or no liquidity in the markets for distressed securities or other instruments. The prices of such securities may be subject to periods of abrupt and erratic market movements and above-average price volatility and it may be more difficult to value such securities. The Fund may lose a substantial portion or all of its investment in distressed securities or it may be required to accept cash or securities with a value less than the Fund&#8217;s original investment.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Restricted Securities Risk.</font> Restricted securities are subject to legal restrictions on their sale. Difficulty in selling securities may result in a loss or be costly to the Fund.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Dividend Risk.</font> There is no guarantee that the companies in which the Fund invests will declare dividends in the future or that dividends, if declared, will remain at current levels or increase over time.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Interest Rate Risk.</font> The Fund&#8217;s total return and share price will fluctuate in response to changes in interest rates. In general, the value of investments with interest rate risk, such as fixed income securities, will move inversely to movements in interest rates. Generally, the longer the maturity or duration of a fixed income security, the greater the effect a change in interest rates could have on the security&#8217;s price. Thus, the Fund&#8217;s sensitivity to interest rate risk will increase with any increase in the Fund&#8217;s overall duration. <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">An increase in interest rates can also impact other markets. For example,</font> because many investors buy stocks</font> and derivatives with borrowed money, an increase in interest rates may cause a decline in those markets. <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">A rate increase can also have a positive impact on other markets if, for example, it is taken by investors as a sign that the economy is improving.</font> Interest rates have been unusually low in recent years. Floating rate securities (including loans) can be less sensitive to interest rate changes. </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Prepayment and Extension Risk.</font> The Fund&#8217;s performance could be affected if unexpected interest rate trends cause the Fund&#8217;s mortgage- or asset-backed securities to be paid off earlier or later than expected, shortening or lengthening their duration. An increase in market interest rates would likely extend the effective duration of mortgage-backed securities, thereby magnifying the effect of the rate increase on the securities&#8217; price. Floating rate securities can be less sensitive to prepayment risk.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Call Risk.</font> When interest rates are low, issuers will often repay the obligation underlying a &#8220;callable security&#8221; early, in which case the Fund may have to reinvest the proceeds in an investment offering a lower yield and may not benefit from any increase in value that might otherwise result from declining interest rates.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Credit Risk.</font> A downgrade or default affecting any of the Fund&#8217;s securities could affect the Fund&#8217;s performance.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">U.S. Government Securities Risk.</font> Although the Fund may hold securities that carry U.S. government guarantees, these guarantees do not extend to shares of the Fund itself and do not guarantee the market price of the securities. Furthermore, not all securities issued by the U.S. government and its agencies and instrumentalities are backed by the full faith and credit of the U.S. Treasury.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund may invest in separately traded principal and interest components of securities issued or guaranteed by the U.S. Treasury under the STRIPS program. Under the STRIPS program, the principal and interest components are separately issued by the U.S. Treasury at the request of depository financial institutions, which then trade the component parts independently. The market prices of STRIPS generally are more volatile than those of U.S. Treasury bills with comparable maturities.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Inflation-Linked Debt Securities Risk.</font> Inflation-indexed debt securities are debt securities that are structured to provide protection against inflation. The value of the debt securities&#8217; principal or the interest income paid on the security is adjusted to track changes in an official inflation measure. Repayment of the original principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed debt securities. For securities that do not provide a similar guarantee, the adjusted principal value of the securities repaid at maturity may be less than the original principal value. The value of inflation-linked debt securities is expected to change in response to changes in real interest rates. Real interest rates are tied to the relationship between nominal interest rates and the rate of inflation. In general, the price of an inflation-linked debt security falls when real interest rates rise, and rises when real interest rates fall. Interest payments on inflation-linked debt securities will vary as the principal and/or interest is adjusted for inflation and can be unpredictable. In periods of deflation, the Fund may have no income at all from such investments. The principal value of an investment in the Fund is not protected or otherwise guaranteed by virtue of the Fund&#8217;s investments in inflation-linked debt securities.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Sovereign Debt Risk.</font> Sovereign debt securities are subject to the risk that a governmental entity may delay or refuse to pay interest or repay principal on its sovereign debt, due, for example, to cash flow problems, insufficient foreign currency reserves, political considerations, the relative size of the governmental entity&#8217;s debt position in relation to the economy, its policy toward international lenders or the failure to put in place economic reforms required by multilateral agencies. If a governmental entity defaults, it may ask for more time in which to pay or for further loans. There is no legal process for collecting sovereign debt that a government does not pay nor are there bankruptcy proceedings through which all or part of the sovereign debt that a governmental entity has not repaid may be collected.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Lower-Rated Debt Securities Risk.</font> Lower-rated debt securities, commonly referred to as &#8220;junk bonds,&#8221; involve greater risks than investment grade debt securities. Lower-rated debt securities may fluctuate more widely in price and yield than investment grade debt securities and may fall in price during times when the economy is weak or is expected to become weak. Lower-rated debt securities carry a greater risk that the issuer of such securities will default in the timely payment of principal and interest. Issuers of securities that are in default may fail to resume principal or interest payments, in which case the Fund may&#160;</font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">lose its entire investment. Historically, lower-rated debt securities have shown less sensitivity to changes in market interest rates than higher-rated debt securities, which has made them useful as a hedge against inflation. There can be no assurance that such a pattern will repeat itself in the future.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Risks of Interests in Loans.</font> Loans generally are subject to restrictions on transfer, and the Fund may be unable to sell loans at a time when it may otherwise be desirable to do so or may be able to sell them only at prices that are less than their fair market value. The Fund may find it difficult to establish a fair value for loans held by it. There is a risk that the value of the collateral securing a loan may decline after the Fund invests and that the collateral may not be sufficient to cover the amount owed to the Fund. In the event the borrower defaults, the Fund&#8217;s access to the collateral may be limited or delayed by bankruptcy or other insolvency laws. Further, in the event of a default, second lien secured loans will generally be paid only if the value of the</font></font> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">collateral is sufficient to satisfy the borrower&#8217;s obligations to the first lien secured lenders and even then, the remaining collateral may not be sufficient to cover the amount owed to the Fund. If the Fund acquires a participation interest in a loan, the Fund may not be able to control the exercise of any remedies that the lender would have under the loan and likely would not have any rights against the borrower directly. Loans made to finance highly leveraged corporate acquisitions may be especially vulnerable to adverse changes in economic or market conditions.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Foreign and Emerging Market Risk.</font> Foreign securities, including the securities issued by foreign governments, involve risks in addition to those associated with comparable U.S. securities. Additional risks include exposure to less developed or less efficient trading markets; social, political or economic instability; fluctuations in foreign currencies or currency redenomination; potential for default on sovereign debt, nationalization or expropriation of assets; settlement, custodial or other operational risks; and less stringent auditing and legal standards. As a result, foreign securities can fluctuate more widely in price, and may also be less liquid, than comparable U.S. securities. World markets, or those in a particular region, may all react in similar fashion to important economic or political developments. In addition, foreign markets can perform differently than the U.S. market. Following the market turmoil of 2008-2009, some national economies continue to show profound instability, which may in turn affect their international trading partners.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Investing in emerging market countries involves risks in addition to those generally associated with investing in developed foreign countries. Securities of issuers in emerging market countries may be more volatile and less liquid than securities of issuers in foreign countries with more developed economies or markets.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Currency Risk.</font> Currency fluctuations could negatively impact investment gains or add to investment losses.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Currency Transaction Risk.</font> Non-U.S. currency forward contracts, options, swaps, or other derivatives contracts on non-U.S. currencies involve a risk of loss if currency exchange rates move against the Fund. Forward contracts are not guaranteed by an exchange or clearinghouse and a default by the counterparty may result in a loss to the Fund. Governmental authorities may impose credit controls to limit the level of forward trading to the detriment of the Fund. Neither the U.S. Commodities Future Trading Commission nor the U.S. banking authorities regulate forward currency transactions through banks. In respect of such trading, the Fund is subject to the risk of bank failure or the inability of or refusal by a bank to perform with respect to such contracts.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">REITs and Other Real Estate Companies Risk.</font> REIT and other real estate company securities are subject to, among other risks: declines in property values; defaults by mortgagors or other borrowers and tenants; increases in property taxes and other operating expenses; overbuilding; fluctuations in rental income; changes in interest rates; lack of availability of mortgage funds or financing; extended vacancies of properties; changes in tax and regulatory requirements; losses due to environmental liabilities; or casualty or condemnation losses. REITs also are dependent upon management skills and are subject to heavy cash flow dependency, self-liquidation and the possibility of failing to qualify for tax-free &#8220;pass-through&#8221; of income under the federal tax law. REIT and other real estate company securities tend to be small- to mid-cap stocks and are subject to the risks of investing in small- to mid-cap stocks.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Master Limited Partnerships Risk.</font> Investing in MLPs involves certain risks related to investing in the underlying assets of the MLPs and risks associated with pooled investment vehicles. MLPs holding credit-related investments are subject to interest</font> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">rate risk and the risk of default on payment obligations by debt issuers. MLPs that concentrate in a particular industry or a particular geographic region are subject to risks associated with such industry or region. Investments held by MLPs may be relatively illiquid, limiting the MLPs&#8217; ability to vary their portfolios promptly in response to changes in economic or other conditions. MLPs may have limited financial resources, their securities may trade infrequently and in limited volume, and they may be subject to more abrupt or erratic price movements than securities of larger or more broadly based companies. Distributions from an MLP may consist in part of a return of the amount originally invested, which would not be taxable to the extent the distributions do not exceed the investor&#8217;s adjusted basis in its MLP interest.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Energy Sector Risk</font>. Investment risks associated with investing in securities of companies in the energy sector, in addition to other risks, include price fluctuation caused by real and perceived inflationary trends and political developments, the cost assumed in complying with environmental safety regulations, supply and demand of energy fuels, energy conservation efforts, capital expenditures on and the success of exploration and production projects, increased competition and technological advances, and tax and other government regulations.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Materials Sector Risk</font>. Companies in the materials sector could be affected by, among other things, commodity price volatility, exchange rates, government regulation, mandated expenditures for safety and pollution control devices, inflation expectations, resource availability, import controls, increased competition, technical progress, labor relations, and economic cycles.</font> </div> <br/><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Asset Allocation Risk.</font> If the Fund favors exposure to an asset class during a period when that asset class underperforms other asset classes, performance may suffer.</font> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Management Risk.</font> Fund performance is dependent upon the success of the Portfolio Managers in implementing the Fund&#8217;s investment strategies in pursuit of its objective. To a significant extent, the Fund&#8217;s performance will depend on the success of implementing and managing the investment models that seek to allocate the Fund&#8217;s assets. Models that have been formulated on the basis of past market data may not be predictive of future price movements or inflation trends. Models may not be reliable if unusual or disruptive events cause market moves the nature or size of which are inconsistent with the historic correlation and volatility structure of the market or patterns in inflation. Models also may have hidden biases or exposure to broad structural or sentiment shifts. In the event that actual events fail to conform to the assumptions underlying such models, losses could be incurred.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Derivatives Risk.</font> Derivatives involve risks different from, or greater than, those associated with more traditional investments. Derivatives can be highly complex, can create investment leverage and may be highly volatile, and the Fund could lose more than the amount it invests. Derivatives may be difficult to value and may at times be highly illiquid, and the Fund may not be able to close out or sell a derivative position at a particular time or at an anticipated price. Recent legislation calls for new regulation of the derivatives markets and could limit the Fund&#8217;s ability to pursue its investment strategies. The extent and impact of the regulation are not yet fully known and may not be for some time. New regulation of derivatives may make them more costly, may limit their availability, or may otherwise adversely affect their value or performance.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Counterparty Risk.</font> The Fund&#8217;s investments in derivatives involve, in addition to the risks posed by the markets and individual issuers, the risks associated with the Fund&#8217;s exposure to its counterparties. The Fund&#8217;s investments in the OTC derivatives market introduce counterparty risk due to the possibility that the dealer providing the derivative or other product will fail to timely perform its payment and other obligations. The Fund&#8217;s investments in the futures markets also introduce the risk that its futures commission merchant (&#8220;FCM&#8221;) could default on an obligation set forth in an agreement between the Fund and the FCM, including the FCM&#8217;s obligation to return margin posted in connection with the Fund&#8217;s futures contracts.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Leverage Risk.</font> Leverage amplifies changes in the Fund&#8217;s net asset value (&#8220;NAV&#8221;). Derivative instruments that the Fund may use create leverage and can result in losses to the Fund that exceed the amount originally invested. There can be no assurance that the Fund&#8217;s use of leverage will be successful. It is currently expected that the Fund&#8217;s investment program will have the effect of leveraging the Fund, sometimes by a significant amount.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Options Risk.</font> The use of options involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. If the Fund&#8217;s Portfolio Managers apply a strategy at an inappropriate time or judge market conditions or trends incorrectly, options may lower the Fund&#8217;s return. There can be no guarantee that the use of options will increase the Fund&#8217;s return or income.</font></font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Writing (selling) a call option obligates the Fund to sell the underlying security to a purchaser at a specified price if the purchaser decides to exercise the option. The Fund receives a premium when it writes a call option. A call option is &#8220;covered&#8221; if the Fund simultaneously holds an equivalent position in the security underlying the option.When the Fund writes a covered call option, it assumes the risk that it must sell the underlying security at a price that may be lower than the market price of the security, and it gives up the opportunity to profit from a price increase in the underlying security above the exercise price.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Writing (selling) a put option obligates the Fund to acquire the underlying security from a purchaser of the option at a specified price if the purchaser decides to exercise the option. The Fund receives a premium when it writes a put option.When</font> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">the Fund writes a put option, it assumes the risk that it must purchase the underlying security at a price that may be higher than the market price of the security.</font> </div> <br/><div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In addition, there may be an imperfect correlation between the movement in prices of options and the securities underlying them and there may at times not be a liquid secondary market for various options.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">ETF Risk.</font> ETFs may trade in the secondary market at prices below the value of their underlying portfolios and may not be liquid. An actively managed ETF&#8217;s performance will reflect its adviser&#8217;s ability to make investment decisions that are suited to achieving the ETF&#8217;s investment objectives. Passively managed ETFs are subject to the risk that they may not replicate the performance of the index tracked by the ETF.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Other Investment Company Risk.</font> Through its investment in ETFs and other investment companies, the Fund is subject to the risks of the investment companies&#8217; investments, as well as to the investment companies&#8217; expenses.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Also, an investor in the Fund may receive taxable gains from portfolio transactions by an investment company, as well as taxable gains from transactions in shares of the investment company by the Fund.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Illiquid Investments Risk.</font> Illiquid investments may be more difficult to purchase or sell at an advantageous price or time, and there is a greater risk that the investments may not be sold for the price at which the Fund is carrying them.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">High Portfolio Turnover.</font> The Fund may engage in frequent and active trading and may have a high portfolio turnover rate, which may increase its transaction costs, may adversely affect its performance and/or may generate a greater amount of capital gain distributions to shareholders than if the Fund had a low portfolio turnover rate.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Recent Market Conditions.</font> The financial crisis in the U.S. and global economies over the past several years, including the European sovereign debt and banking crises, has resulted, and may continue to result, in an unusually high degree of volatility in the financial markets, both domestic and foreign, and in the net asset values of many mutual funds, including to some extent the Fund, and the economy at large. It is uncertain how long these conditions will continue. These market conditions have resulted, and may continue to result, in fixed income instruments experiencing unusual liquidity issues, increased price volatility and, in some cases, credit downgrades and increased likelihood of default. These events have reduced the willingness and ability of some lenders to extend credit, and have made it more difficult for borrowers to obtain financing on attractive terms, if at all. As a result, the values of many types of securities have been reduced, including, but not limited to, mortgage-backed, asset-backed and corporate debt securities. In addition, global economies and financial markets are becoming increasingly interconnected, which increases the possibilities that conditions in one country or region might adversely impact issuers in a different country or region. Because the situation in the markets is widespread, it may be difficult to identify both risks and opportunities using past models of the interplay of market forces, or to predict the duration of these market conditions. The severity or duration of these conditions may also be affected by policy changes made by governments or quasi-governmental organizations.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">A decline in the Fund&#8217;s average net assets during the current fiscal year due to market volatility or other factors could cause the Fund&#8217;s expense ratios for the current fiscal year (prior to application of the expense cap) to be higher than the expense information presented in &#8220;Fees and Expenses.&#8221;</font> </div> The value of your investment may fall, sometimes sharply, and you could lose money by investing in the Fund. The Fund is a mutual fund, not a bank deposit, and is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. PRINCIPAL INVESTMENT STRATEGIES <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">To pursue its goal, the Fund currently intends to allocate its assets primarily among the following general asset classes:</font> </div> <br/><table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">inflation-linked debt securities issued by domestic and foreign governments or corporate entities;</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">debt securities rated below investment grade (commonly called &#8220;junk bonds&#8221;), including fixed rate and floating rate senior secured loans, second lien loans and unsecured loans;</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">master limited partnerships (&#8220;MLPs&#8221;);</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">real estate investment trusts (&#8220;REITs&#8221;);</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">commodities; and</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="5%"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#160;</font> </td> <td align="left" valign="top" width="4%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#9679;</font> </div> </td> <td align="left" valign="top" width="91%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">equity securities</font> </div> </td> </tr> </table> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Under normal circumstances, the Fund invests mainly in investments that fall into these asset categories, which may include investments in funds in the Neuberger Berman fund family and unaffiliated investment companies, including exchanged-traded funds (&#8220;ETFs&#8221;, and collectively, &#8220;Underlying Funds&#8221;), investing in these asset categories. The Fund&#8217;s investments may include equity and debt securities issued by domestic and foreign governments and corporate entities, including those in emerging markets. The Fund may also invest in investment grade debt securities, debt securities issued by the U.S. government, including separately traded principal and interest components of securities issued or guaranteed by the U.S. Treasury under the Separate Trading of Registered Interest and Principal of Securities (&#8220;STRIPS&#8221;) program, and distressed securities. The Fund may invest in debt securities of any maturity and does not have a target average duration.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund also may use derivatives, without limitation, and primarily may use four types of derivatives: (i) futures contracts based on debt securities and currencies; (ii) swaps, such as total return, inflation and interest rate swaps; (iii) call and put options on securities and indices including writing (selling) calls against positions in the portfolio (&#8220;covered calls&#8221;) or writing (selling) puts on securities and indices; and (iv) forward foreign currency contracts. Any of these derivatives may be used in an effort to: adjust the Fund&#8217;s sensitivity to inflation; enhance returns; manage or adjust the risk profile of the Fund or the risk of individual positions; or replace more traditional direct investments.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">While the Portfolio Managers invest for the long term, they will also seek to take advantage of shorter term opportunities, subject to the investment adviser&#8217;s risk management framework.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers utilize a three step approach in allocating assets and selecting investments for the Fund.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Asset Class Inclusion</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers begin by identifying and evaluating asset class correlation with inflation. While high correlation with inflation is desirable, correlations between asset classes, and portfolio level risk and return analysis, are also factors in asset class selection.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Strategic Asset Allocation</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Strategic asset allocation seeks to allocate assets so that the predicted contribution from each asset class to the Fund&#8217;s overall sensitivity to changes in expected inflation is approximately the same. For example, if the Portfolio Managers believed that MLPs were twice as sensitive to changes in expected inflation as inflation-linked debt securities, the allocation to MLPs would be approximately half of the allocation to inflation-linked debt securities. The Portfolio Managers will oversee, review and adjust this framework periodically.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers anticipate rebalancing across asset classes periodically. The Fund is not required to allocate its investments among asset classes in any fixed proportion or to invest in an asset class, nor is it limited by the issuer&#8217;s geographic location, size or market capitalization. The Fund may have none, some or all of its assets invested in each asset class in relative proportions that change over time based upon the Portfolio Managers&#8217; evaluation of market and economic conditions. The Portfolio Managers may emphasize various sectors of the market at any given time, including, but not limited to, the energy sector and materials sector.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Tactical Asset Allocation</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers will also employ a tactical overlay intended to adjust the Fund&#8217;s sensitivity to expected inflation based on shorter term market views. The tactical overlay uses a variety of proprietary analyses designed to forecast movements in the expected U.S. inflation rate. Based on the output provided by the analyses, the Portfolio Managers will attempt to adjust the Fund&#8217;s sensitivity to inflation by either using derivatives or investing in debt securities issued by the U.S. government. For example, if the Portfolio Managers wanted to decrease the sensitivity of the Fund to inflation, it could purchase STRIPs.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">* * * * *</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">To the extent the Portfolio Managers invest in securities and other instruments directly to gain exposure to an asset class, the strategy for each asset class is shown below. When this occurs, the Portfolio Managers may choose to use one or more other portfolio managers employed by the investment adviser to make investment decisions within an asset class; however, the Portfolio Managers also may choose to manage investments directly for an asset class.</font> </div> <br/><table cellpadding="2" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr> <td valign="bottom" width="23%" style="TEXT-ALIGN: left"> <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Asset Class</font> </div> </td> <td valign="bottom" width="77%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Strategy</font> </div> </td> </tr> <tr> <td valign="bottom" width="23%"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font> </td> <td valign="bottom" width="77%"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Inflation-Linked Debt Securities</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers utilize a research and valuation framework based on a comparison of market expectations to their outlook for real interest rates and rates of inflation.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Below Investment Grade Debt Securities</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers seek to manage risk through credit analysis, credit diversity and an emphasis primarily on intermediate-term maturities while opportunistically rotating credit quality and sector exposures depending on market conditions.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Floating Rate Loans</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers utilize analysis of companies and economic and market conditions, while seeking to manage risk through an in-depth credit research process.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">MLPs</font> </div> </td> <td align="left" valign="top" width="77%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers seek to invest in MLPs that they believe have the ability to create long term value and with a history of increasing income distributions.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">REITs</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers use fundamental analysis as well as economic and market conditions to select REITS and may at times emphasize certain sub-sectors of the real estate business&#8212;for example, apartments, retail, hotels, offices, industrial, and health care.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Commodities</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers use various quantitative models employing strategies designed to capture investment opportunities and determine portfolio weighting in different commodity sectors and markets while seeking to manage risk.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Emerging Market Equity Securities</font> </div> </td> <td valign="top" width="77%" style="TEXT-ALIGN: justify"> <div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers utilize a bottom-up, research-driven securities selection approach focusing on businesses with a recent history of high returns while factoring economic, legislative and business developments to identify countries and sectors for investment.</font> </div> </td> </tr> <tr> <td align="left" valign="top" width="23%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Equity Securities</font> </div> </td> <td align="left" valign="top" width="77%"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Portfolio Managers utilize an integrated fundamental and systematic approach with an emphasis on risk management.</font> </div> </td> </tr> </table> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Currently, the Portfolio Managers intend to obtain any exposure they believe is appropriate to below investment grade debt securities, floating rate loans, commodities and emerging market equity securities by investing in Underlying Funds with strategies similar to those described in the table above; however, the Portfolio Managers may also choose to invest directly in&#160;any of these asset classes at any time rather than investing in an Underlying Fund, except with respect to commodities. For commodities, if the Portfolio Managers want to have exposure to commodities but&#160;choose not to invest in an Underlying Fund, they would invest, directly or indirectly, in commodity-linked derivative instruments, which may include futures contracts on individual commodities.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Although the Fund may make investments in commodity-linked derivative instruments directly, the Fund would gain exposure to these investments primarily by investing in a wholly-owned subsidiary of the Fund formed in the Cayman Islands.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The subsidiary would be managed by Neuberger Berman Management LLC and would be able to invest without limitation in commodity-linked derivative instruments. The Fund would not invest more than 25% of the value of its total assets in the subsidiary at the end of any quarter of its taxable year.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In an effort to achieve its goal, the Fund may engage in active and frequent trading.</font> </div> <br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund may change its goal without shareholder approval, although it does not currently intend to do so.</font> </div> EX-101.SCH 3 nbaf-20121219.xsd 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - Neuberger Berman Dynamic Real Return Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Expense Example No Redemption {Transposed} link:presentationLink link:definitionLink link:calculationLink 020005 - Disclosure - Risk/Return Detail Data {Elements} - Neuberger Berman Dynamic Real Return Fund link:presentationLink link:definitionLink link:calculationLink EX-101.DEF 4 nbaf-20121219_def.xml EX-101.LAB 5 nbaf-20121219_lab.xml EX-101.PRE 6 nbaf-20121219_pre.xml XML 7 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 8 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\T9F8S.&4S95\P,S)A7S0U9CA?.&$P85\S,30U M-3,T8S5F-F8B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O M=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D M/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D M('=I=&@@36EC'1087)T7S1F9C,X93-E7S`S M,F%?-#5F.%\X83!A7S,Q-#4U,S1C-68V9@T*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B\T9F8S.&4S95\P,S)A7S0U9CA?.&$P85\S,30U-3,T8S5F M-F8O5V]R:W-H965T'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,3,Q-S0W-#QS<&%N/CPO'0^1&5C(#$Y+`T* M"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO M=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\T9F8S.&4S95\P,S)A7S0U9CA?.&$P85\S,30U-3,T8S5F-F8-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-&9F,SAE,V5?,#,R85\T-68X7SAA M,&%?,S$T-34S-&,U9C9F+U=O'0O:'1M;#L@8VAA'0^1T]!3#QS<&%N/CPO M6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S M(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@1G5N9"!S965K2!O8FIE8W1I=F4@=&\@ M<')E'0^/&1I=B!S M='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%2 M1TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G(&%L:6=N/3-$:G5S M=&EF>3X@/&9O;G0@2!I9B!Y;W4@8G5Y+"!H;VQD(&]R('-E;&P@6YA;6EC(%)E86P@4F5T=7)N($9U;F0\8G(^ M/"]S=')O;F<^/"]T:#X-"B`@("`@("`@("`@("`@/'1H(&-L87-S/3-$=&@^ M0VQA&EM=6T@:6YI M=&EA;"!S86QE6]U('!A>2!E86-H('EE87(@87,@82`E(&]F('1H92!V86QU M92!O9B!Y;W5R(&EN=F5S=&UE;G0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@ M("`@("`@("`@("`\=&0@8VQA'!E;G-E'!E;G-E2!E>'!E;G-E6EN9R!&=6YD("AA2!N;W0@ M8F4@=&5R;6EN871E9"!D=7)I;F<@:71S('1E'!E;G-E($5X86UP;&4\6QE/3-$)U1%6%0M04Q)1TXZ(&IU&%M<&QE(&-A;B!H M96QP('EO=2!C;VUP87)E(&-O7!O=&AE=&EC86P@-24@=&]T86P@65A'!E;G-E6]U('-O;&0@>6]U'!E;G-E($5X86UP;&4-"@T*#0H-"DYE=6)E'!E;G-E($5X86UP M;&4@3F\@4F5D96UP=&EO;@T*#0H-"@T*3F5U8F5R9V5R($)E6YA M;6EC(%)E86P@4F5T=7)N($9U;F0-"@T**%531"`D*3QB3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U! M4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@7,@=')A;G-A M8W1I;VX@8V]S=',L('-U8V@@87,@8V]M;6ES'!E;G-E'0^/&1I=B!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9 M.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G M(&%L:6=N/3-$;&5F=#X@/&9O;G0@6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('-Y;6)O;"P@6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-0 M3$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('-Y;6)O;"P@6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I M;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE6QE/3-$)T1)4U!, M05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('-Y;6)O;"P@6QE/3-$)U1% M6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@ M,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S M='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!, M05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P M="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI M;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SXF(SDV M-SD[/"]F;VYT/B`\+V1I=CX@/"]T9#X@/'1D(&%L:6=N/3-$;&5F="!V86QI M9VX],T1T;W`@=VED=&@],T0Y,24^(#QD:78@6QE/3-$ M)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA M;CL@1D].5"U325I%.B`Q,'!T)SYR96%L(&5S=&%T92!I;G9E6UB;VPL('-E6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('-Y;6)O;"P@ M6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!- M05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L M969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4 M.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)' M24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q! M63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T M)SX@/&9O;G0@2!I M;B!I;G9E2!A;F0@=6YA M9F9I;&EA=&5D(&EN=F5S=&UE;G0@8V]M<&%N:65S+"!I;F-L=61I;F<@97AC M:&%N9V5D+71R861E9"!F=6YD6EN9R!&=6YD2!T:&4@52Y3+B!G;W9E2!T3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U! M4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@2!U7!E2!C;VYT2!O9B!T:&5S92!D97)I=F%T:79E6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-0 M3$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L M;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI M9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M1D%-24Q9.B!T:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T.R!&3TY4+5=%24=( M5#H@8F]L9"<^4W1R871E9VEC($%S3L@ M5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494 M.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@'!E8W1E9"!I;F9L871I;VX@:7,@87!P2!T:&4@&EM871E;'D@:&%L9B!O9B!T:&4@86QL;V-A=&EO;B!T;R!I M;F9L871I;VXM;&EN:V5D(&1E8G0@2X\+V9O;G0^(#PO9&EV/B`\8G(O M/CQD:78@3L@5$585"U)3D1% M3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U! M4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@2!E;7!H87-I>F4@=F%R:6]U6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;CL@1D].5"U325I%.B`Q,'!T.R!&3TY4+5=%24=(5#H@8F]L9"<^5&%C M=&EC86P@07-S970@06QL;V-A=&EO;CPO9F]N=#X@/"]D:78^(#QB2!T;R!E>'!E8W1E9"!I;F9L871I;VX@8F%S M960@;VX@'!E M8W1E9"!5+E,N(&EN9FQA=&EO;B!R871E+B!"87-E9"!O;B!T:&4@;W5T<'5T M('!R;W9I9&5D(&)Y('1H92!A;F%L>7-E6QE/3-$)U1%6%0M04Q)1TXZ M(&IU2!C:&]O6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SXF(S$V,#L\+V9O;G0^(#PO=&0^(#QT9"!V86QI9VX],T1B;W1T;VT@=VED M=&@],T0W-R4^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D]. M5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SXF M(S$V,#L\+V9O;G0^(#PO=&0^(#PO='(^(#QT6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY);F9L871I;VXM3&EN:V5D($1E M8G0@4V5C=7)I=&EE2<^(#QD:78@3L@5$585"U) M3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[ M($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE6QE/3-$)U1%6%0M M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU M6QE/3-$)U1%6%0M M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T M.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2<^(#QD:78@3L@5$585"U)3D1%3E0Z(#!P=#L@1$E3 M4$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@ M,'!T)SX@/&9O;G0@7-I6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SY-3%!S/"]F;VYT/B`\+V1I=CX@/"]T9#X@/'1D(&%L:6=N/3-$;&5F M="!V86QI9VX],T1T;W`@=VED=&@],T0W-R4^(#QD:78@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@4&]R=&9O;&EO($UA;F%G M97)S('-E96L@=&\@:6YV97-T(&EN($U,4',@=&AA="!T:&5Y(&)E;&EE=F4@ M:&%V92!T:&4@86)I;&ET>2!T;R!C2!O9B!I;F-R96%S:6YG(&EN8V]M92!D:7-T6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY214E42<^(#QD:78@3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q! M63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T M)SX@/&9O;G0@6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-0 M3$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@4&]R=&9O;&EO($UA;F%G97)S M('5S92!V87)I;W5S('%U86YT:71A=&EV92!M;V1E;',@96UP;&]Y:6YG('-T M6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`Q,'!T)SY%;65R9VEN9R!-87)K970@17%U:71Y(%-E8W5R:71I97,\+V9O M;G0^(#PO9&EV/B`\+W1D/B`\=&0@=F%L:6=N/3-$=&]P('=I9'1H/3-$-S6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$ M)U1%6%0M04Q)1TXZ(&IUF4@82!B;W1T;VTM=7`L(')E2!O9B!H:6=H M(')E='5R;G,@=VAI;&4@9F%C=&]R:6YG(&5C;VYO;6EC+"!L96=I6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-0 M3$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE7-T96UA=&EC(&%P<')O86-H('=I=&@@ M86X@96UP:&%S:7,@;VX@2!A;'-O(&-H;V]S92!T;R!I;G9E6EN9R!&=6YD+"!E M>&-E<'0@=VET:"!R97-P96-T('1O(&-O;6UO9&ET:65S+B!&;W(@8V]M;6]D M:71I97,L(&EF('1H92!0;W)T9F]L:6\@36%N86=E2!W;W5L9"!I M;G9E2UL M:6YK960@9&5R:79A=&EV92!I;G-T6QE/3-$ M)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA M;CL@1D].5"U325I%.B`Q,'!T)SY!;'1H;W5G:"!T:&4@1G5N9"!M87D@;6%K M92!I;G9E2UO=VYE9"!S=6)S:61I87)Y(&]F('1H92!&=6YD M(&9O6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@ M86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[ M($9/3E0M1D%-24Q9.B!T:6UE2!.975B97)G M97(@0F5R;6%N($UA;F%G96UE;G0@3$Q#(&%N9"!W;W5L9"!B92!A8FQE('1O M(&EN=F5S="!W:71H;W5T(&QI;6ET871I;VX@:6X@8V]M;6]D:71Y+6QI;FME M9"!D97)I=F%T:79E(&EN'0^4%))3D-)4$%,($E.5D535$U%3E0@4DE32U,\6QE/3-$)U1%6%0M04Q) M1TXZ(&IU2!O6QE/3-$)U1%6%0M04Q)1TXZ(&IU'!O3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q! M63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T M)SX@/&9O;G0@2!T;R!P2!U;F1E3L@5$585"U)3D1%3E0Z(#!P M=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU2 M24=(5#H@,'!T)SX@/&9O;G0@2!P97)I;V1S(&UA>2!D:69F97(@9G)O;2!O;F4@86YO M=&AE2!G;W9E2!A;&QO8V%T92!A2X\+V9O;G0^(#PO9&EV/B`\8G(O/CQD:78@3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[ M($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@ M6]U2!F86QL+"!S M;VUE=&EM97,@2P@86YD('EO=2!C;W5L9"!L;W-E(&UO;F5Y(&)Y M(&EN=F5S=&EN9R!I;B!T:&4@1G5N9"X\+V9O;G0^(#PO9&EV/B`\8G(O/CQD M:78@3L@5$585"U)3D1%3E0Z M(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=) M3BU224=(5#H@,'!T)SX@/&9O;G0@2!A M9F9E8W0@=&AE($9U;F0F(S@R,3<[2!A9F9E8W0@=&AE($9U;F0@=&AR;W5G M:"!I=',@:6YV97-T;65N=',@:6X@56YD97)L>6EN9R!&=6YD3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU, M1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/DUA2P@;6%R:V5T+"!E8V]N;VUI M8R!O'1E;G0@=&AA="!T M:&4@1G5N9"!S96QL2!M:7-S(&]U="!O;B!O M<'!O6QE/3-$)U1%6%0M04Q)1TXZ(&IU2!B92!A9'9E6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`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`Q,'!T)SY) M9B!T:&4@1G5N9"!E;7!H87-I>F5S('1H92!R96%L(&5S=&%T92!S96-T;W(L M(&5N97)G>2!S96-T;W(L(&UA=&5R:6%L6]U2!C:&%N9V4@870@9&EF9F5R96YT(')A M=&5S(&-O;7!A6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U) M3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S M='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY2 M:7-K6EN9R!&=6YD2!I;G9E6EN9R!&=6YD2!R96QA=&5D('1O('1H92!I;G9E'!O6EN9R!&=6YD'!E;G-E2!A;F0@;6%Y(&)E M(&1E96UE9"!T;R!H879E(&$@8V]N9FQI8W0@;V8@:6YT97)E6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SY4:&4@1G5N9"!M87D@:6YV97-T(&EN(&%N(%5N M9&5R;'EI;F<@1G5N9"!T:&%T(&EN=F5S=',@:6X@82!W:&]L;'D@;W=N960@ M2`H)B,X,C(P.U-U8G-I9&EA2!2 M:7-K/&9O;G0@2!O=VYE M9"!S=6)S:61I87)Y+CPO9F]N=#X\+V9O;G0^(#PO9&EV/B`\8G(O/CQD:78@ M3L@5$585"U)3D1%3E0Z(#!P M=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`S-G!T.R!-05)'24XM M4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE2`H)B,X,C(P.U))0R8C.#(R,3LI+"!T:&4@56YD97)L M>6EN9R!&=6YD(&UU&%B;&4@>65A6EN9R!I;F-O;64@9&]E2!F6EN9R!I;F-O;64N(%1H92!397)V:6-E('-U M3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO M8VL[($U!4D=)3BU,1494.B`S-G!T.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF M;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I M;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@=&%X('1R96%T M;65N="!O9B!I;F-O;64@9G)O;2!C;VUM;V1I='DM2!B92!A9'9E2!296=U;&%T:6]N2!T:&4@4V5R=FEC92!T:&%T(&-O M=6QD(&%F9F5C="!T:&4@8VAA&%B;&4@:6YC M;VUE(&]R(&-A<&ET86P@9V%I;G,@86YD(&1I6EN9R!&=6YD)B,X,C$W M.W,@:6YC;VUE(&9R;VT@=&AE(%-U8G-I9&EA2!A65A2!T87AA8FQE('EE87(@8G5T('=A2!F;W(@86YY('1A>&%B;&4@ M>65A&%B M;&4@=&\@=&AE;2!A6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S M(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY3=6)S:61I87)Y M(%)I2!I;G9E2!E>'!O2UL:6YK960@9&5R:79A M=&EV92!I;G-T2!T:&4@4W5B2!A2!T:&4@56YD97)L>6EN9R!&=6YD M+"!A;F0@=&AU2!A2!T:&4@56YD97)L>6EN9R!& M=6YD(&]R('1H92!3=6)S:61I87)Y+B!4:&4@4W5B2!I&%M M<&QE+"!T:&]S92!R96QA=&5D('1O('1R86YS86-T:6]N2!A2!W:6QL('1A:V4@ M86-T:6]N(&-O;G1R87)Y('1O('1H92!I;G1E6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SY&=6YD(&%N9"!I=',@2P@87)E(&]R9V%N:7IE9"P@8V]U;&0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SYI;F%B M:6QI='D@;V8@=&AE(%5N9&5R;'EI;F<@1G5N9"!A;F0O;W(@=&AE(%-U8G-I M9&EA3L@5$585"U)3D1% M3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`S-G!T.R!- M05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M M5T5)1TA4.B!B;VQD)SY296=U;&%T;W)Y(%)I2!A9&]P="!O2!A9F9E8W0@=&AE(&ES2!& M=71U2!W:71H(&-E2!P;V]L M6EN9R!&=6YD)B,X M,C$W.W,@2!C;VUP;&EA;F-E(&-O6QE/3-$)U1%6%0M04Q)1TXZ(&IU2!A3L@5$585"U)3D1%3E0Z(#!P=#L@ M1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`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`Q M,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5) M1TA4.B!B;VQD)SY'6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!B92!L:71T;&4@;W(@;F\@;&EQ=6ED:71Y(&EN('1H92!M87)K971S M(&9O2!A M;F0@:70@;6%Y(&)E(&UO6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@ M86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI M;F4[($9/3E0M1D%-24Q9.B!T:6UE2!T;R!T:&4@1G5N9"X\+V9O;G0^(#PO9&EV/B`\8G(O/CQD:78@3L@5$585"U)3D1%3E0Z(#!P=#L@ M1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=( M5#H@,'!T)SX@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O M;&0G/D1I=FED96YD(%)I3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D]. M5"U714E'2%0Z(&)O;&0G/DEN=&5R97-T(%)A=&4@4FES:RX\+V9O;G0^(%1H M92!&=6YD)B,X,C$W.W,@=&]T86P@2P@86X@:6YC2!I6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I M;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY0'1E;G-I;VX@4FES:RX\+V9O;G0^(%1H92!&=6YD)B,X,C$W M.W,@<&5R9F]R;6%N8V4@8V]U;&0@8F4@869F96-T960@:68@=6YE>'!E8W1E M9"!I;G1E6EN9R!T:&4@969F96-T(&]F M('1H92!R871E(&EN8W)E87-E(&]N('1H92!S96-U6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L M;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI M9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[ M($9/3E0M1D%-24Q9.B!T:6UE6EN9R!A("8C.#(R,#MC86QL86)L92!S96-U28C M.#(R,3L@96%R;'DL(&EN('=H:6-H(&-A6QE/3-$)T1)4U!,05DZ M(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U3 M25I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M5T5)1TA4.B!B;VQD)SY#2!O9B!T:&4@1G5N9"8C.#(Q M-SMS('-E8W5R:71I97,@8V]U;&0@869F96-T('1H92!&=6YD)B,X,C$W.W,@ M<&5R9F]R;6%N8V4N/"]F;VYT/B`\+V1I=CX@/&)R+SX\9&EV('-T>6QE/3-$ M)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5& M5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE2!H;VQD('-E8W5R:71I97,@=&AA="!C87)R>2!5+E,N(&=O M=F5R;FUE;G0@9W5A6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@ M86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI M;F4[($9/3E0M1D%-24Q9.B!T:6UE2!T:&4@52Y3+B!42!U;F1E2!I2!F:6YA;F-I86P@:6YS=&ET M=71I;VYS+"!W:&EC:"!T:&5N('1R861E('1H92!C;VUP;VYE;G0@<&%R=',@ M:6YD97!E;F1E;G1L>2X@5&AE(&UA2!A6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE&5D(&1E M8G0@2`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`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M M1D%-24Q9.B!T:6UE2!B92!U;F%B;&4@=&\@2!A M="!P2!I="X@5&AE M2!N;W0@8F4@2!B92!L:6UI M=&5D(&]R(&1E;&%Y960@8GD@8F%N:W)U<'1C>2!O2X@3&]A;G,@;6%D92!T;R!F:6YA;F-E(&AI9VAL M>2!L979E2!V=6QN97)A8FQE('1O(&%D=F5R3L@5$585"U)3D1% M3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`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`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)' M24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!E>&-H86YG92!R871E2!A;B!E>&-H86YG92!O2!M87D@2!I;7!O3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D]. M5"U714E'2%0Z(&)O;&0G/E)%251S(&%N9"!/=&AE2!O9B!M;W)T9V%G92!F=6YD"!A;F0@2!R97%U:7)E;65N=',[(&QO M2!S96-U6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S M(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY-87-T97(@3&EM M:71E9"!087)T;F5R2!O2!I;B!R M97-P;VYS92!T;R!C:&%N9V5S(&EN(&5C;VYO;6EC(&]R(&]T:&5R(&-O;F1I M=&EO;G,N($U,4',@;6%Y(&AA=F4@;&EM:71E9"!F:6YA;F-I86P@2!T2!M87D@8F4@2!B87-E M9"!C;VUP86YI97,N($1I'1E;G0@=&AE(&1I2!A;F0@9&5M86YD(&]F(&5N97)G>2!F=65L"!A;F0@;W1H97(@9V]V97)N;65N="!R M96=U;&%T:6]N3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q! M63H@8FQO8VL[($U!4D=)3BU,1494.B`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`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T M:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE"P@8V%N(&-R96%T M92!I;G9E3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G M/D-O=6YT97)P87)T>2!2:7-K+CPO9F]N=#X@5&AE($9U;F0F(S@R,3<[2!T:&%T('1H92!D96%L97(@<')O=FED:6YG M('1H92!D97)I=F%T:79E(&]R(&]T:&5R('!R;V1U8W0@=VEL;"!F86EL('1O M('1I;65L>2!P97)F;W)M(&ET6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4 M.B!B;VQD)SY,979E2!U2!E>'!E M8W1E9"!T:&%T('1H92!&=6YD)B,X,C$W.W,@:6YV97-T;65N="!P2!A('-I9VYI9FEC86YT(&%M;W5N="X\+V9O;G0^(#PO M9&EV/B`\8G(O/CQD:78@6QE/3-$)T1)4U!,05DZ M(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U3 M25I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M1D%-24Q9.B!T:6UE2!A M="!A;B!I;F%P<')O<')I871E('1I;64@;W(@:G5D9V4@;6%R:V5T(&-O;F1I M=&EO;G,@;W(@=')E;F1S(&EN8V]R2!L;W=E M6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM M4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6EN M9R!S96-U2!T;R!A('!U2!B92!L;W=E3X@/&9O;G0@6EN9R!S M96-U2!F6QE M/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%1%6%0M24Y$14Y4.B`P<'0[($1)4U!, M05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P M="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U) M3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY);B!A9&1I M=&EO;BP@=&AE2!M87)K970@9F]R M('9A6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U) M3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S M='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY% M5$8@4FES:RX\+V9O;G0^($541G,@;6%Y('1R861E(&EN('1H92!S96-O;F1A M6EN9R!P;W)T9F]L:6]S(&%N9"!M87D@;F]T(&)E(&QI<75I9"X@ M06X@86-T:79E;'D@;6%N86=E9"!%5$8F(S@R,3<[2!M87D@;F]T(')E<&QI8V%T92!T:&4@<&5R9F]R;6%N M8V4@;V8@=&AE(&EN9&5X('1R86-K960@8GD@=&AE($541BX\+V9O;G0^(#PO M9&EV/B`\8G(O/CQD:78@6QE/3-$)T1)4U!,05DZ M(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U3 M25I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M5T5)1TA4.B!B;VQD)SY/=&AE6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SY!;'-O+"!A;B!I;G9E2!A;B!I;G9E2!B>2!T:&4@1G5N9"X\+V9O;G0^(#PO9&EV/B`\8G(O M/CQD:78@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4 M.B!B;VQD)SY);&QI<75I9"!);G9E6EN9R!T:&5M+CPO9F]N=#X@/"]D:78^(#QB M3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E' M2%0Z(&)O;&0G/DAI9V@@4&]R=&9O;&EO(%1U2!H879E(&$@:&EG:"!P;W)T9F]L:6\@='5R;F]V97(@2!A9F9E8W0@:71S('!E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!M=71U86P@9G5N9',L(&EN8VQU9&EN9R!T;R!S;VUE(&5X=&5N="!T M:&4@1G5N9"P@86YD('1H92!E8V]N;VUY(&%T(&QA'1E M;F0@8W)E9&ET+"!A;F0@:&%V92!M861E(&ET(&UO2!O2!O2!A;'-O(&)E(&%F9F5C=&5D(&)Y('!O;&EC>2!C:&%N9V5S M(&UA9&4@8GD@9V]V97)N;65N=',@;W(@<75A6QE/3-$ M)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5& M5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE65A'0^/&1I=B!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B M;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G(&%L M:6=N/3-$:G5S=&EF>3X@/&9O;G0@'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA2!;5&5X="!";&]C:UT\+W1D/@T* M("`@("`@("`\=&0@8VQA6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T M:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE'!E;G-E($YA'!E;G-E3F%R6QE/3-$ M)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5& M5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE'!E;G-E2!F;W(@:6YI=&EA;"!S86QE6]U6]U2!F'!E;G-E'0^06YN=6%L($9U;F0@3W!E'!E M;G-E6]U'1";&]C:SPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/&1I=B!S='EL93TS1"=415A4+4%,24=. M.B!J=7-T:69Y.R!415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@ M34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S M='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!I;F1I8V%T92!H:6=H97(@=')A;G-A8W1I;VX@ M8V]S=',@86YD(&UA>2!R97-U;'0@:6X@:&EG:&5R('1A>&5S('=H96X@1G5N M9"!S:&%R97,@87)E(&AE;&0@:6X@82!T87AA8FQE(&%C8V]U;G0N(%1H97-E M(&-O&%M<&QE+"!A9F9E8W0@=&AE M($9U;F0F(S@R,3<['!E;G-E0G)E86MP;VEN=$1I'0^66]U(&UA>2!Q=6%L:69Y(&9O'!E;G-E($)R96%K<&]I M;G0L($UI;FEM=6T@26YV97-T;65N="!297%U:7)E9"!;06UO=6YT73PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^(D]T:&5R(&5X<&5N'1=/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&@^'0^(D]T:&5R(&5X<&5N'!E;G-E($5X86UP;&4@6TAE861I;F==/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4\'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO M8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O M;G0@'!E;G-E(&5X M86UP;&4@8V%N(&AE;'`@>6]U(&-O;7!A6]U(&EN=F5S=&5D M("0Q,"PP,#`@9F]R('1H92!P97)I;V1S('-H;W=N+"!T:&%T('1H92!&=6YD M(&5A6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SY4;R!P=7)S=64@:71S(&=O86PL('1H92!&=6YD M(&-U2!I;G1E;F1S('1O(&%L;&]C871E(&ET6QE/3-$)T9/3E0M M1D%-24Q9.B!T:6UE6UB;VPL('-E2!D;VUE6UB;VPL('-E2!C86QL960@)B,X,C(P.VIU;FL@8F]N9',F(S@R,C$[*2P@ M:6YC;'5D:6YG(&9I>&5D(')A=&4@86YD(&9L;V%T:6YG(')A=&4@6UB;VPL M('-E6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('-Y;6)O;"P@6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I M;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SXF(SDV-SD[/"]F;VYT/B`\+V1I M=CX@/"]T9#X@/'1D(&%L:6=N/3-$;&5F="!V86QI9VX],T1T;W`@=VED=&@] M,T0Y,24^(#QD:78@6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SYC;VUM;V1I=&EE6UB;VPL('-E2!S96-U6QE/3-$)U1%6%0M04Q)1TXZ(&IU2P@)B,X,C(P.U5N9&5R;'EI;F<@ M1G5N9',F(S@R,C$[*2P@:6YV97-T:6YG(&EN('1H97-E(&%S6QE/3-$ M)U1%6%0M04Q)1TXZ(&IU2!U2!M87D@=7-E(&9O=7(@='EP97,@;V8@9&5R:79A M=&EV97,Z("AI*2!F=71U2!T;R!I;F9L871I;VX[(&5N M:&%N8V4@6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K)SX@/&9O;G0@3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U! M4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@7-I6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@ M86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[ M($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M04Q) M1TXZ(&IU&EM871E M;'D@=&AE('-A;64N($9O&%M<&QE+"!I9B!T:&4@4&]R=&9O;&EO($UA M;F%G97)S(&)E;&EE=F5D('1H870@34Q06QE/3-$)U1%6%0M04Q)1TXZ(&IU&5D('!R;W!O2!T:&4@:7-S=65R)B,X,C$W.W,@ M9V5O9W)A<&AI8R!L;V-A=&EO;BP@2!H879E(&YO;F4L('-O;64@;W(@86QL(&]F M(&ET2!S96-T;W(@86YD(&UA M=&5R:6%L6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE3L@ M5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494 M.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@2!A('1A8W1I8V%L(&]V97)L87D@:6YT96YD960@=&\@861J M=7-T('1H92!&=6YD)B,X,C$W.W,@2!T:&4@86YA;'ES97,L('1H92!0 M;W)T9F]L:6\@36%N86=E2!E:71H M97(@=7-I;F<@9&5R:79A=&EV97,@;W(@:6YV97-T:6YG(&EN(&1E8G0@2!O9B!T:&4@1G5N9"!T;R!I;F9L871I M;VXL(&ET(&-O=6QD('!U2!T;R!G86EN M(&5X<&]S=7)E('1O(&%N(&%S65D(&)Y('1H92!I;G9E2!F;W(@86X@87-S970@8VQA6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!- M05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1C M96YT97(^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T.R!&3TY4 M+5=%24=(5#H@8F]L9#L@5$585"U$14-/4D%424]..B!U;F1E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!- M05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L M969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE6QE/3-$)U1%6%0M M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IU MF4@82!R97-E87)C:"!A;F0@=F%L=6%T:6]N(&9R86UE=V]R:R!B M87-E9"!O;B!A(&-O;7!A2!R;W1A=&EN9R!C2!A;F0@6QE/3-$)U1%6%0M04Q)1TXZ(&IU6QE/3-$)U1%6%0M04Q)1TXZ(&IUF4@86YA;'ES M:7,@;V8@8V]M<&%N:65S(&%N9"!E8V]N;VUI8R!A;F0@;6%R:V5T(&-O;F1I M=&EO;G,L('=H:6QE('-E96MI;F<@=&\@;6%N86=E(')I6QE/3-$)U1%6%0M24Y$14Y4 M.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)' M24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!- M05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L M969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE2!B96QI979E(&AA=F4@=&AE(&%B:6QI='D@=&\@8W)E871E(&QO;F<@ M=&5R;2!V86QU92!A;F0@=VET:"!A(&AI6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@ M86QI9VX],T1L969T/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[ M($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SY4:&4@4&]R=&9O;&EO($UA;F%G97)S('5S92!F=6YD86UE;G1A;"!A M;F%L>7-I2!A="!T:6UEF4@8V5R=&%I;B!S=6(M6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!C;W5N=')I97,@86YD('-E8W1O2!396-U6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SY4:&4@4&]R=&9O;&EO($UA;F%G97)S('5T:6QI M>F4@86X@:6YT96=R871E9"!F=6YD86UE;G1A;"!A;F0@3L@5$585"U)3D1%3E0Z(#!P M=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU2 M24=(5#H@,'!T)SX@/&9O;G0@2P@=&AE(%!O2!E>'!O'!O2!O2!I;F-L=61E(&9U='5R97,@8V]N=')A8W1S(&]N(&EN9&EV:61U M86P@8V]M;6]D:71I97,N/"]F;VYT/B`\+V1I=CX@/&)R+SX\9&EV('-T>6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1L969T/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE2!B>2!I;G9E2!O9B!T:&4@1G5N9"!F;W)M960@:6X@=&AE($-A>6UA;B!)2UL:6YK960@9&5R:79A=&EV92!I;G-T&%B;&4@>65A3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=) M3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@3L@5$585"U)3D1%3E0Z(#!P=#L@ M1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=( M5#H@,'!T)SX@/&9O;G0@2!C:&%N9V4@:71S(&=O86P@=VET:&]U="!S:&%R96AO;&1E M'0^4%))3D-)4$%,($E.5D535$U%3E0@4DE32U,\3L@5$58 M5"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P M<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@&5D(&EN8V]M M92P@2!I;B!T:&4@3L@5$585"U)3D1%3E0Z(#!P M=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU2 M24=(5#H@,'!T)SX@/&9O;G0@'!O2!T:&4@1G5N9"!I M;B!I=',@:6YV97-T;65N="!P2!O=F5R('1I;64L M(&1E<&5N9&EN9R!O;B!V87)I;W5S(&9A8W1O2!O9B!T:&4@:6YV97-T;65N="!M;V1E;"!U2!M87)K M971S+CPO9F]N=#X@/"]D:78^(#QB'1E;G0@;V8@86YY(&=O=F5R;FUE M;G1A;"!P2!T:&4@1F5D97)A;"!$97!O6]U(&-O=6QD(&QO2!D:7)E8W1L>2!O2!I;B!R97-P;VYS92!T;R!A9'9E2!C875S92!B3L@5$585"U)3D1%3E0Z(#!P M=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU2 M24=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z M(&)O;&0G/DES7!E M(&]F('-E8W5R:71Y(&-A;B!B92!M;W)E('9O;&%T:6QE('1H86X@=&AE(&UA M2!F M6QE/3-$)U1%6%0M04Q)1TXZ(&IU2!P97)I;V1S+CPO9F]N=#X@/"]D:78^(#QB3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/DUA MF5S('-M86QL+2P@;6ED+2P@;W(@;&%R9V4M M8V%P('-T;V-K2!T:&4@=6YD97)P97)F;W)M86YC92!O9B!A('-E M8W1O2!O9B!O<&5R871I;VYS M+"!A;F0@;6%Y(&AA=F4@;&EM:71E9"!P6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K M.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX] M,T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M1D%-24Q9.B!T:6UE2!S96YS:71I M=F4@=&\@9&5V96QO<&UE;G1S('1H870@2!A9F9E8W0@ M=&AO2!M;W9E('5P M(&%N9"!D;W=N(&UO2!T;R!E8V]N;VUI M8RP@<&]L:71I8V%L(&]R(')E9W5L871O'!O2!A9'9E2!A="!T:6UE2!A9F9E8W1E9"!B>2!T:&4@9F%C=&]R3X@/&9O;G0@ M"!O9B!D:69F97)E;G0@3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ M(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/E)I2!I;G9E6EN9R!&=6YD('1H M870@:6YV97-T2!O=VYE9"!S=6)S:61I87)Y("@F(S@R M,C`[4W5B28C.#(R,3LI(&%N9"!I6QE/3-$ M)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA M;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I M;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY487@@4FES:RX\+V9O;G0^(%1O M('%U86QI9GD@87,@82!R96=U;&%T960@:6YV97-T;65N="!C;VUP86YY("@F M(S@R,C`[4DE#)B,X,C(Q.RDL('1H92!5;F1E2UL:6YK960@9&5R:79A=&EV92!I;G-T2!O=VYE9"!F;W)E M:6=N('-U8G-I9&EA6EN9R!I;F-O;64N/"]F;VYT/CPO9F]N=#X@/"]D M:78^(#QB2!W87,@;F]T('%U86QI9GEI;F<@:6YC;VUE+"!T:&4@ M56YD97)L>6EN9R!&=6YD(&-O=6QD(&)E('5N86)L92!T;R!Q=6%L:69Y(&%S M(&$@4DE#(&9O2!F;W(@86YY('1A>&%B;&4@ M>65A6EN9R!&=6YD(&9A:6QE9"!T M;R!S;R!Q=6%L:69Y(&9O&%B;&4@:6YC;VUE(&%T(&-O2!A=71H;W)I>F4@ M82!S:6=N:69I8V%N="!C:&%N9V4@:6X@:6YV97-T;65N="!S=')A=&5G>2!O M6EN9R!&=6YD)B,X,C$W.W,@;&EQ=6ED871I;VXN/"]F M;VYT/B`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`\8G(O/CQD:78@3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO M8VL[($U!4D=)3BU,1494.B`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`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T M:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE2!H M87!P96XL(&%M;VYG(&]T:&5R(')E87-O;G,L(&)E8V%U3X@ M/&9O;G0@6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/D=R;W=T M:"!3=&]C:R!2:7-K+CPO9F]N=#X@0F5C875S92!T:&4@<')I8V5S(&]F(&UO M2X\+V9O;G0^(#PO9&EV M/B`\8G(O/CQD:78@6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M M5T5)1TA4.B!B;VQD)SY$:7-T6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY297-T M2!I;B!S96QL:6YG('-E8W5R:71I97,@ M;6%Y(')E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T M:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE2!T;R!M;W9E;65N=',@:6X@:6YT97)E2P@=&AE(&QO;F=E2!T;R!I;G1E2!I;F-R96%S92!I;B!T:&4@ M1G5N9"8C.#(Q-SMS(&]V97)A;&P@9'5R871I;VXN(#QF;VYT('-T>6QE/3-$ M)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA M;CL@1D].5"U325I%.B`Q,'!T)SY!;B!I;F-R96%S92!I;B!I;G1E2!S=&]C:W,\ M+V9O;G0^(&%N9"!D97)I=F%T:79E3L@ M5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU,1494 M.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U714E'2%0Z(&)O;&0G/E!R97!A>6UE;G0@86YD($5X=&5N'!E8W1E9"P@2!E>'1E;F0@=&AE(&5F9F5C=&EV M92!D=7)A=&EO;B!O9B!M;W)T9V%G92UB86-K960@2!M86=N:69Y:6YG('1H92!E9F9E8W0@;V8@=&AE(')A=&4@:6YC6UE;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I M;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY#86QL(%)I M2!T:&4@;V)L:6=A=&EO;B!U;F1E2P@:6X@ M=VAI8V@@8V%S92!T:&4@1G5N9"!M87D@:&%V92!T;R!R96EN=F5S="!T:&4@ M<')O8V5E9',@:6X@86X@:6YV97-T;65N="!O9F9E3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G M/D-R961I="!2:7-K+CPO9F]N=#X@02!D;W=N9W)A9&4@;W(@9&5F875L="!A M9F9E8W1I;F<@86YY(&]F('1H92!&=6YD)B,X,C$W.W,@6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI M;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY5+E,N($=O=F5R;FUE;G0@4V5C=7)I M=&EE'1E;F0@=&\@2!T:&4@52Y3+B!G;W9E6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@1G5N9"!M M87D@:6YV97-T(&EN('-E<&%R871E;'D@=')A9&5D('!R:6YC:7!A;"!A;F0@ M:6YT97)E2!T:&4@52Y3+B!42!A="!T:&4@2!B:6QL6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4 M.B!B;VQD)SY);F9L871I;VXM3&EN:V5D($1E8G0@4V5C=7)I=&EE6UE;G0@;V8@=&AE(&]R:6=I;F%L('!R:6YC:7!A M;"!U<&]N(&UA='5R:71Y("AA2!F86QL6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM M3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE2!R97-E28C.#(Q-SMS(&1E8G0@<&]S:71I;VX@:6X@2!M=6QT:6QA=&5R86P@ M86=E;F-I97,N($EF(&$@9V]V97)N;65N=&%L(&5N=&ET>2!D969A=6QT2!O2!B92!C;VQL96-T960N/"]F;VYT/B`\+V1I=CX@/&)R+SX\ M9&EV('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K M.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX] M,T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M1D%-24Q9.B!T:6UE2!I2!P87EM96YT(&]F('!R:6YC:7!A;"!A;F0@:6YT97)E2!F86EL M('1O(')E6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SYL;W-E(&ET3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-0 M3$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY2:7-K2!O=&AE2!B92!A8FQE('1O('-E;&P@=&AE;2!O;FQY(&%T('!R:6-E2!F:6YD(&ET(&1I9F9I8W5L="!T;R!E2!B86YK2!B92!P86ED(&]N;'D@:68@=&AE M('9A;'5E(&]F('1H93PO9F]N=#X\+V9O;G0^(#QF;VYT('-T>6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SYC;VQL871E2!T:&4@8F]R2!N;W0@8F4@2!N;W0@8F4@86)L92!T;R!C;VYT&5R8VES92!O9B!A;GD@2!W;W5L9"!N;W0@ M:&%V92!A;GD@2!B92!E'!O'!R M;W!R:6%T:6]N(&]F(&%S2!A;&P@2P@=VAI8V@@;6%Y(&EN('1U3L@5$585"U)3D1%3E0Z(#!P=#L@1$E34$Q!63H@8FQO8VL[($U!4D=)3BU, M1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@2!A6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K M.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX] M,T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/ M3E0M1D%-24Q9.B!T:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5) M1TA4.B!B;VQD)SY#=7)R96YC>2!42!T:&4@ M8V]U;G1E2!R97-U;'0@:6X@82!L;W-S('1O('1H92!&=6YD M+B!';W9E2!T2!A(&)A;FL@=&\@<&5R9F]R;2!W:71H(')E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T M:69Y/B`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`\+V1I=CX@/&)R+SX\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!N;W0@ M8F4@6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY$97)I=F%T:79E2!C;VUP;&5X+"!C86X@8W)E871E(&EN=F5S=&UE;G0@;&5V M97)A9V4@86YD(&UA>2!B92!H:6=H;'D@=F]L871I;&4L(&%N9"!T:&4@1G5N M9"!C;W5L9"!L;W-E(&UO2!B92!D:69F:6-U;'0@=&\@=F%L=64@86YD(&UA M>2!A="!T:6UE'1E;G0@86YD M(&EM<&%C="!O9B!T:&4@2!K M;F]W;B!A;F0@;6%Y(&YO="!B92!F;W(@2!A9F9E8W0@=&AE:7(@=F%L=64@;W(@<&5R9F]R;6%N M8V4N/"]F;VYT/B`\+V1I=CX@/&)R+SX\9&EV('-T>6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!T:&4@;6%R:V5T3X@/&9O M;G0@6QE/3-$ M)T1)4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/DQE=F5R86=E M(%)I2!I;G9E3X@/&9O;G0@6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S M(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL93TS1"=$ M25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD)SY/<'1I;VYS(%)I M2!A('-T6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@ M1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T M)SY7&5R8VES92!T:&4@;W!T:6]N+B!4:&4@1G5N9"!R M96-E:79E6EN9R!T:&4@;W!T:6]N M+E=H96X@=&AE($9U;F0@=W)I=&5S(&$@8V]V97)E9"!C86QL(&]P=&EO;BP@ M:70@87-S=6UE6EN9R!S96-U2!A="!A('!R:6-E('1H870@;6%Y(&)E(&QO=V5R M('1H86X@=&AE(&UA6EN9R!S96-U2!A8F]V M92!T:&4@97AE6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!- M05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J M=7-T:69Y/B`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`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5& M5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<@86QI9VX],T1J=7-T:69Y/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N M="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M5T5)1TA4.B!B;VQD M)SY296-E;G0@36%R:V5T($-O;F1I=&EO;G,N/"]F;VYT/B!4:&4@9FEN86YC M:6%L(&-R:7-I65A2!I;B!T:&4@9FEN M86YC:6%L(&UA2!T>7!E2!O2!O9B!M87)K970@9F]R8V5S+"!O2!G;W9EF%T:6]N6QE/3-$)T1) M4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@ M1D].5"U325I%.B`Q,'!T)SY!(&1E8VQI;F4@:6X@=&AE($9U;F0F(S@R,3<[ M2!O'!E;G-E(&EN9F]R;6%T:6]N('!R97-E;G1E9"!I;B`F(S@R,C`[ M1F5E'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^5&AE('9A;'5E M(&]F('EO=7(@:6YV97-T;65N="!M87D@9F%L;"P@2!B>2!I;G9E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<@86QI9VX],T1J=7-T:69Y/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S&EM=6U386QE'!E;G-E'!E;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`\ M=&0@8VQA'!E;G-E'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP M=&EO;BP@,2!996%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P M,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E M9&5M<'1I;VXL(#$@665A&%M<&QE3F]2961E;7!T:6]N665A&%M<&QE3F]2961E;7!T:6]N665A&EM=6T@:6YI M=&EA;"!S86QE&EM=6U$969E'!E;G-E'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP M=&EO;BP@,R!996%R&%M<&QE665A&%M M<&QE+"!.;R!2961E;7!T:6]N+"`S(%EE87)S/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^&EM M=6T@8V]N=&EN9V5N="!D969E'!E;G-E'!E;G-E&%M<&QE+"!W:71H(%)E M9&5M<'1I;VXL(#$@665A&%M<&QE665A&%M<&QE+"!. M;R!2961E;7!T:6]N+"`Q(%EE87(\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P,3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I M;VXL(#,@665A'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P,SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'!E;G-E65A2!V87)Y+CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@ M("`@/'1D('9A;&EG;CTS1'1O<#Y;,UT\+W1D/@T*("`@("`@("`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htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Dec. 19, 2012
ZIP 10 0000898432-13-000041-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000898432-13-000041-xbrl.zip M4$L#!!0````(`"TP*T+S3=/^_TH``.RA`0`1`!P`;F)A9BTR,#$R,3(Q.2YX M;6Q55`D``P7Q[U`%\>]0=7@+``$$)0X```0Y`0``[#UK<]NVLM_OS/T/.#ZG MG>96LD39CF,[T8SB5]3X%IE698= MMTW;22,26"SVO<`"?/V/8I$=BT`H'@F/-8=,[O\4=5^P(ML/N[V&*UD]B."M M&\F^@&=!7RCX#>\[4=3;+94&@\&Z"TVU*Y708:Q#U4[5*E7-XHR4!'/'#%FFFYBV_E/=I[8M2:6FKAKK?#?@E>E!"=8MDI;CA9 M\-Y8#PO[9<0S+9(.EN5IAVDBD+15:CJ9E9I& MY0FZ##8("V=G9Z=$;].F>EH[P-8I?3X]:;@=T>7%E.E5DD7&7B.(74UO+T6+ M$K+GEM43< M\<_7(HAD-*RF#^"1]/!A2X+VT.@BAWU"E/WZ^[5J&>:PX6QO;F^^+HVZ53/P M2Z,!DD<]H63HY8:$J:OH`/2N2H3&_W9>ET9/,Q@3SMY$V^19.NYH%$.$DJ5" M2MX<59S?&S"7\L:KG?+&J>@VA5JK/A6-[YT962P M8IZ$AEJ&P9LUT/[=$]'F_B'A5[N5>JV*4K`[/I?7I:G`\CB44B3^9+RK3/#N M]WTDNK/S\E6&F7\O=BXRHE*[%RK4/>%&L6YTN!+[/M/_.<7HXTY M8K3Y78Q6(D:;?WTQVIPC1EO?Q6@E8K3UEQ2C.)!&AF*(W4;8O.X*KF,EJC:R MW?W8.'A=2AZR$3SLG_F=@NM!NYS()7TI#]G%UWEX4\%1I-D*PR@((X%A?"X@ MA7G`A(67A*0J],6<(!U?4^:0B;)R`^2`)\'Z?8`G@)(^/F\*R$Q:41#]7J;` M'!X%;<`\*'YLK%6/0L5(WEB-:10^76"<[1\T]EG88LYZN?P#XST0,Z%9&#`7 MLDLN`Z:$)[J]"`18LR[W!!O(J`//G5>L"^SM:-8*?3\9YC[T@:ZJ+=;9"-']%-&H(PRJ4C/A MRZX,*$L.`\&&@BO&6Y@*)^.OOR[E:)T5C:=C@C.%"3]^B<-H[QRFHQCH-%@& MH/M6)XUA)`&WPYWAX(BFDI4H$)'W0G5!>$YY MP-L"31\[.=EG/YV]/7W!@/L,K8XR$_2'#$B(DGPC`A:%2)1VF)*DQX?4'Z0U MH7()J*:$[#9CI46J!"F=H*75H4(JH\B;.N2V,HI138"LYHT.@?X\(B9$803/ M>1`@U<,>+O*@PJ1P?Q*WKA][^$SB*@_P$X2>WZ+L-U5X`QW:@$[8[4J-S@1U M=[Z4%,#S]-%A>O0X@9J92@#:%:K(:%_!=@;*A0KP`%G(@)(M>#U\@=,7W.TP MER:($HBZB&('M'76*R]_*+#*>MGY@:"5UW?`ID`?WC?X!P+47FL1`4A`!AVA M[`M_N,X.$2JT!%H!V1.>`3DT@Z$B#8\BZ3.G7-IP<*EB:YU=339%*0:98DT@ M.`B)-1)>K)"N`%HJ>IZ:(%(/(*:5`?SY-N3*(^#L".F*`L7;2N`4D9G"(KJP M%`S`!L)D0=082"AIY02OC%B"+FU17P?",NYY$@E;(+*`-%I\1CI&_))!7Z"\`%"P M$;S5DKXD*?B(@N(/D2+4\"=@K"=:,L#%5@$.[$6!$$"&YVW&@.."*V<]4!;R M9JUT.$,EF)'7A]@%5`98R\079$`44JO<&XE\X/=NBU`+?5!QW?R@.CT":*!Q%AA7JSYICI/1KC%EEE6(9QB\!]YHR[ M!VF^`>,6R>N78=PB<)\YX^Y!FM4RCL8_M!X<$:J1(UC*/#X(UN0,GHQ#JZ!! MRA5GC"NKY,D2EN]!L)XC3Y8Q<8_)DR6,VH-@)3RAG?9__WKZ:>,___[L]N+; MZV!KQ_NZW6]?#X./!_'@>%OM;+^O_/'Q:JC][;[[M>S_$OW\^=-Q]+GEMDLO MF_RB<\DWK_^XK`\^.)6^?[SUH=_K_]:Z^J6T_\?1QJ5\=S*XZ!SHP?M3[^CV MN-2XZA[W/VQOAJI\<14T*^?OWOUZ?GS,G>/`>]>.WQZ5A/?U[=;G]B7_ MU&]L7M?ZFVY)_/)E\/;CER_*VWA?NRZ5KG=NCX.?;P>G+R-YJYS#V].#ROO& M]MORZ84GI,O9\!5)Z),2OF$RH^!'8MD2=G]58)\SRY9Q!4_%LB76+6,7I[)L;)T` M=U/25[CQ9O;<+D5;ZDCQ(#KC75IQP.VB2Z0W5O%,+/G6_$BH@%,!'*Z/Z->E M6<"JH[$.0C?&B5X!72?&(!=AP&3;9;K7X)F'SX]\WI[HW^*^%J9_KN&4V>X+ M7)?VZX$G;M^+X02H[$[GS%ZC[:LLRA>T\W9H-N0F`&"VJNUPC;W*;JG0`G6EF*`ZFAP&Z8]T<_VO-DG^EH"););$E='7Z^*M9.ZL=GN^R/6$>R M-=QC]+!^=G!X=K7+RKUHCQW4&QM=UL2A]MAI[?*X?E8\.3Q*6M@GE_7C M=^:1@?]C&][AP"W`+C=R"E(&8'?$'CLZ/[LJ'M5.ZR?P,))=7"(7`P:6D`?V M;:/^V^$NVFX M#:/-SD'2E6L=X]"T1(W=S>JT\-B_G'(!2)HN\9NM"$\CB1MY6S_8725EI(QV)G!!W6SEY$#\"/CL_?-5Q=G>TZ,-@8&`F9CU M95JAAQ^\Z>=V8&NS=[?LSBQ,2UER#,+8]VB%&4!IM.@#0!:W.G'N.H27U-IT MQ^DX#HW8-"1 M;1P7AO!#F.8Z2DT)Q2:5H1)(+_Z8HC&3^C!'>:Z!XF6'82T!:0N6-N359Z'0 MU1.N[((O>;,&%FN[_'(*6F:D>7H<7J:;]4^'UN2HU?G$VE@M5CNO-F<1:^,^ MQ'H2M"9'O8-8?ER-7Q;,84J4RET'R&_GV2M MBG"KE:R%$H$<5DYYX_%MUJK06JW-NC]6&Y7*X]NL5:%U'\GZ54:=4>LK#"?N M$53^ETT_J&,JAO`8B1?[(C_B%61\N@'9XW#1G;@F>G:2E.GU61)C/NR'5BX-@U[ MPOQ)VRP"JVNTJZ1-!R9KGM*D"$-V+(^2+?K9C(<%DPM`]*Z%[Z?YPJCN9IU= MVXY8:P,3I$1J6CDI\Z1VPSC`DB`#'Y&@-*0%B;H_M#E9`4>C0B],1/ZO+9.]P?N)!0";!IYBO:L,*$FAJB'>M(4UVF0L(25&&>R` M/'TN?:2=*0XB)`TF5%9E"\"4K>=C25)7*>_1KC4SV]8,E"-V3<$NMC2+?CIM M[>QA65$/J[HV7B53G$@2>ZG"3AFN9FNQ@-87MN06:LEL%+J0DE7C'PNU9T_*%&H MGQVM5=SS_`TF0_\\SSG<\^@Z''F,Z_8A`XTK+`.[!&$ M=8P8\Y"L3M&V%$>\P^J=8_$MF]^$>1SQW'XCA] MS.I#\5K6*#XV7LOR]%5Y8;P.<(]--FDMN!9X#:'Z8.&<2M-Y`KY6C)-<%(>\ MKU\)Y@^T&=\0\P?J^W*8SRC`,7;N875]CR%?6T:^9B!6??#$OI7+>O2)?3-O MM/C$DD-UF$V@R((03YGF8TC5AEFN70B!G,]\.,K+RLLW1'E925@:Y:>1@DHY MMZV00V9)3)9D;L5Z^Q5BLB3/G)<[=V)R=]62,4TKJR%<->^+*)PO7]%$[T8R ML\*XRIE_$\?S+&;^33S3TC,_$]'3F"-G8YNPFSK@@Q!:UBHYE4=":%GC5'86 M0HCV,W"Y6BCT-X^S5S,V"&[+.,]@6V;NW/-Q`9U*1J=\GAQ,3JCZ.!2;,R!2 MK_(,J+L:SUM7]I@O+LC?250\4E]TRL4-9T&C-3'&M)CJK1+\ MIA?*(#I(]SGN1.69[^QD(Y8I\\OE4N-LW>>]Q=AA1,-4_Z506`(&;XL8WT3# M#;2T`I#AI04L/=#?YWXL\,?8CM(+DSO-P'+*)O]HOJ?`D6[P+H6)NVM= M),.\LH0I\\U7(6REBP[W'3:O*'-2@;>9, M#+#_7Y5&B\PU+TAC;FYA+<[T8]B1_433[7'I@?%2X#G`2$W;ZGTQS;MFU')4 M^1ZJJ!7Z,KR*51""<5ZXW"'MR9*NICA^!L#JO$&_EXTGE=I@A<$F8_D,=ZV, M:+PRQ=SSH?,7^`PZ(L`K09KQT.@`%CMH^!.$&MP=R@M(>6;;'-+%'[;M!,Z$$+940L<^.2V'DL.<]T+]L`K291H^:`+PG2=>7T- MA0'V6A@J`RK@S2G0<48!PZA"_*YB@=D"G;<#;[G"+:X(K.K%"#K%:HOKW>'E MT?GE:>UL_Y#&OAOF:"TDT^![W5%.`3.4`3'5$5ZX0Q)O`M(O`@L$('X@D6%LETL-#=%^6IKH]!`+MS$UT+9^D@BZ# M"_I2A0&&)VC!900&''U5B%(R9&'"'X,$&'O5%S:DP8,^O",BOV@)X9%+EH[O&$1DU3C\2DQ!XD-EFS)WO'(/QH<87?;-P63\S(&B$ZOI MY7])!.4+$@'AT4(,97"9`QJ2+-(69_ M9*G;%!W>EQ@VX0(IZ"2$?*3B!8A3523=V.>*EDG,@3VZ#!(I31"5.?G8Q!B- MM6..!ZMQ"25W,I'FQ]V.%#AQF'`['%=R_-%4K#2A\,R\*26-_GI*@WRQN2@R M%$/9$*\@9N9JP>8P>VTAD2]?[=M6O&M(W"<3BQ$\CEZP6H;*`A(/+V48ZU1G M0*C-5:(%2"TB"K%'MW06%E!+[M/-"JA-N#"C3;TNG76E>PC-#9%6";C50!+15"$+68VD&Q%=R&^X.TS,26;.H'/"1Y7R%A+!R5FD(9"U+*W8M^(- M.((CQ$,#Y":[U"'5M1%KLD7FLYW5WT-VC61JNCL6K[ZV*]FXM/I4D<8>ZX0# MM)HDMUA2CW>=TL%J1?Z&A`&2:&*\%X)/R%S>2@]1_@.!TF!0![PCS!IYFZ.I MABC&#[6]_Q837KHUT[JTM!'*1%.%')=RC`M)S>_?64KJ6;XE9]B1B)[$`FBS MN(7I!`_,>8=4&85)W6V8D)BPO'F9F1H M4I.4G$O'^^,U+5)T>SR0YKM;!EJ7NRK$\#;$ZQQZ'0%_$0%/#M>#3>*X=Y!< MFVQO2L5[:=MHJ$E\\:"Z,>-D=,#N19"9Y9%99_76+&O&Z0P)V58WRM$.VFI[ MG[5P<>,"W+P-H80-#Q)W@`E=#]IFO6;;*!'!N^E`@$\-9DP*G[%V!3 M`-*!Z8AW+5C3MA^J7FC3%9-/,\MW'RR!`I\20OD!',(R!_NX6$R$8?>\@43&,4K1L![(EX:^X MJK_@RJ1-!`K@='Q,A(B_`ZEI852`9)E8+KFE@YR=,:]V]X#D*?TU-BI>NAW& M[.RF:;W[=^;J/8#_>FBP:X:^ETF/*19@GT*TZ3Y$!V-*8MX;@]XW MC8SG()VU&2S=UX]&);,#,#HIF.4?RAM$YHC6F-S1!SMT#Z_N1O?`/3Q?AU&3 MCC&&ZH%_H=MC,.5M0_Z'ZX8%&\H46.KNT&>8\XD0>_EASPR;BI^Y:9[B(=R, M#]J"9,J`,7,"DQ3:Q7KRC?F\T>QT\,P6!1D_M'1-T:*CD[@O`)DE0HZ2)!Q4 MA]\4\!UB@3LI#`]5HGWL(2C<=99V=S#9!%EH&^"[B-\IXG42H6*C!QEA"R^X M@@A_C*(Y)T2?=QD7:3)8H\4'AE?=8>/TMT'%CPQF2<]5.[^_+L7JW*[^V9S07Z= M*7[COBBY6*W;ZW`MOV(\C/E1$5RA](I4,>9CC5G1Y3W`#DBJ2=YPX2Y=V\ZL MRM)Z[3I]J)DK(R$&H%E5`)@(*,DR`=8(>OHP$3@*!*T3M_LIB8^E:"#KZ=99 M+3($-UFO0155AP908]#Q`DLCH_3U8;*\IH<,<@F:S!)"Y@I'(C]1I'W>91V64;2I_0!Z%CP>TG^,]JHC7_ M7C@(:#DJS[0I;"G,GSUBV^'T?1A:0!!&.7L+1G`-"0MG"5?,@S*2O%#P#1M8]BI$C_W]ZW]KB1'-E^O\#^ M!V(!`YH%NTB'NO5RYYR@.V6H:64A(R52CQFRPAI"F%B#NUIIM#'S M#UU2U@BY49,MW4'P,A9)J)FVQ\#3V>?OG]1F09S:58YXO'T:7KC[?A_\D1&GM7W\3 M/J%L'ITA"\7G(S8Q4SX?Y/!,`B[8%9+8YG.K90E9>_;IONF*-BB>2PWQHLJ;:+_*\U1(A]*'^A2'>5/"#5# MSY]8[4X7KS7;(;N)`G-<;5?_NC_,V&60PD8YU'4OQ(*WUKEY-PYF*$Y*WO`I M%<>#4W#GGH6I,WT'=VX[5F@XJ5\S=EL6GVV?U1N_9/VG(&5EJD MTBP+Y$B?,IW6V]DR\['!SWS\`E>ZX;/!GI=4B^FTB4P:N3>7)%1. M+D^^RBG7\.0(5&VWM]5C8H:VN9!`]$ M?OS$U`Y15I\OA_G[/WPM29>\GXDUE."(7+1&26UDSR'F&=!N].3VQ M^V<^9MRY!2]`B2Z2&Z7'+W!Z=07<)<$?863!'536!CB$W*!6()8MLITK&JH9 MBCP`^Q-T*I3=$ MCB"MQKAQAQM2OJ^EK%'=%>AA_8A/Y=&7*CU\ESD`'`2S7KH5\<6X[K>D)<,M MEL5"8X*RF5\R,DW2=[AGL*GBYKW;Q'"K(:6!1,O]S4RZ8#.2*WD!_7DGJSYX MC>Q"Z00V7;.3$L"&JY31AR,'3"?%/][_Z_QPOW_\W7=\A?[T)2M&9Z2#/TFX+40)W7L_213G,X; M)0?)^)N&+'9V0JV2JV576;[(XT*;'2I/F+O!?5*/?%JO7=YH)>JL1LW*^QILQ$/"]UN_@LZ[?"6Y&5@"2;OH&I-4&SR# M"-\@BGOF;TFXQWP++*]<+F."]7B8DSRA6G-YTLC"F*&6QIE"(^O6<*KK'7GL MDO'007*G&"U$X`3AK1GJ]N)YA3+_!T[]9<8;% M`2I,8K!H<.^GC=+,DA..25_K[*X%&*8&QV\'B0-I\'.U5>S]^O>R&I^B&S\0 M5RCHB?S.-<^D6!#`DNCA<`1-/R#G/-67'WF*BGW;WO+$+F#`FW`\YH'LP+WH M_TG9R5#G#=+F2)Z`W?@M+3FDYEVY"J?=:2DG)F6]1]]0LC6>55F-ID=G-4&G)067=?XX MK/-_(1%O5HMNQ]+ZC(B]W?E>3Z^K;L>E.<:A/N@#YTNY^$35*AK(D4CBV0A0 M,_YBW"H`?1$\YEXF2U-7`]+1;!C"]V$3[)W=T+V>@+>!1J['9'QT*C0W_C`$ M<*BRD$CZRX[R-:WD!QT3?-Q$( M?8&^G$:'.!C&X:6\6'(K]C_7P9DY(0,9TW,$X`JPG("MUWN;6&O.<:5R]<6A M-SG<*#G0")]TOF5;5T4_6)E/.8+XO+>RD&7D MM"->[74Y2Q`0NX5W$O-FXA^P24D@1^MTZC%9+X@*/(0U MF05)!FH"6N]C[IM3E^K*2+YN`SW\B63TA#6A MK+0_DDW'")1?U<&^[A7Q-%((H7@=%V?,[D=3QO:7*1T+*$GV7`T,]GPPF>.; M_Y@:72@E]!K_]1U+\U\2:'VW-Y-Y1!T)Z(H*Q\V)>$?FAP-(@\:&=9<8L M6)P=FF>-'4W'$MNH)`LQQ`!.,#7Q@[5^\)ON5)J,P)`1U^;GP'2AHYJX+LCG M!7BZ@94LO+^A[O*JVH$1)?XQ;\+P;1@3&W:/O7I%S+<1,IQ4S!6Q/+^)FYU` M4_!%S=;%,L4+Y!4:[_BSL,%)D`I*THPG+\Z2]"_%X8Y=`I.Q'!R8P,0Z/G@I MJ5SL^#6`#^+L\;,(]9=T('O*G_R:CX--_(N`"5$1I-D MR;R8UX=!Y<)`:^!')H`L6P4R`P([GEZWFPA_)9=#EW=%H1-0-FBD-(RE>E51 M336G(![P]/D<;TS%=QB#Y9`MFE-M1RJ/2D3UZR;$7E)B[!\E#QF6GKH/XP>% MIB)L3B/F"S7],[<[O8<)XT!A.G44%O6TF1@'SGP91\-7SBQ(*[@3X)0IQ]$B M"%L3D!I!CY!0'6(YU["GENR[6+(('4S# M9CM*D#>+CF0D6H*4KF@%!FG$#-1IQ^Z4(/F2>E=T1\ET4R@GIQGA1>7$6/GX MQ"^Q)4R_UH(B?!,,9\4D,GJ3\V'^&WP>7R)[N!3GVM5UY/=RCJL,M M`N"BMAYQ"#,IV[D49Y]L]E*.GO1G$\./",^H%V/6!YQ$.6DA62`5J]*^@^,9 MVG?AJ92AGKZB/5?S+5N:2@2"J-02V@HL3!\;KXNJ`O#&KY0->1=%CF==OJ,# MF([,^-@43S,"D-*&XS M1DQ-MF/T,B2>&NZ0>>#\*&F@Z9JE\\./$A,3V:RQ&QW/7E4S$;'0!:([AB1V MW^=^X=%1TZ\D\_(Q>;`^!/EJS.X52$Y;*PCLBEY]F[=,HV7&!8//)>`FM8QM M%#MA\H1Q?71EZ`MO;P@//2`S[WS(_1W3_!8F8.28XS\+T875.+>TZ)`AP"M: M*;$EFYW[-5L*NVPF6'URD-P%BV,45$!HH2"Q[B`JQ#Q=BI^9F$)*61.:&@M9 MS8SIY:(/5[S\%O+N+YD5.$O*[DGX!%HR*=W:[U:NX-+98'87&7P]9$A4#F?D M88G=?8G]7%>7WN!-KC%KI^(1LB7!MW/^J;S21)-9RN#VC$8`UH3E2D1+<;&% MO!&H+^067=BE35_+C)?A)X://=4>B94X[]7Y439T.C\;_$1C?G83-%WM:IP' M<"/\G:.>B7KRO>=<`AS50*RML,N817KE<,\)6I^5SGL%=U=&.:S3)^@PYX-C M2I%&2LW(@CV-5!FATJHXE#(H\[8M'!=M),PV+H0ZUJ%:S/%0'BJ*4H&B-O`R?!3A=W*263GLLWO(N')-Y=I]9KYH.6YIP;2@ MWBEIG:92G2KJUG$\^TF7*'8@*7^0=>YMG5B;8#DV6C4+3@6F..E#3N5N-E;@ M*>,IE:"O-R*V&"G/@4D3L>N"6F<1/K=F;>CP0-JIA?B5DEX.@I@'JW`/.AZ25'E#KOQ-,VYMU09E1_:.-L!B MX.3"BXQ9AYXTDOP5@2T)]>+D:UR!WR\^L295%MY?8 M(/UZ5EI@DRS)157[:,*_>*CHS5D':7*H44TK"XI>F./*"CQ_W+GDUQ\&&69/ M*'*,\*7=(K-9IA/JK78K'"L=OP$3YZY,(4'D^\/>3 M*<.PT+B@*[NF0UJLJ"[[%`C_GHN*JVNUD+-#6Y68'_=?*9MO5'8*_F@BT9!N M$;%9QP>WXW:'R^O:[;)]2+P_IQQQ,R754S:BR!D76(@A]RM(AS`7 M*9A2LN6%*\_]K95,FM?&3/8LF82%/2O!Z3,!C"'#OC)'!RU5>_*$!QH\AL3) M"Z(X4/IWK[5G5>/E=&]J#](CQU_%,I/ES)G<:I,;:Q>71#U5ETLX&06<[KT-T7YO.^1 M$`.0=LE^'N.%96:K[T$+B6HT3OC&G(2LELYQW)#43VGK.4EV^]'[;;?/"92G M!&\PN6R.N>^ZL"/),I:DNV(`L1*`XF=\$`]+C8=%>O=%2ETHVE&%0*@6G=?9 M"B'BRJTS>B%LY/'.R_UT/Z,W>Z-^.WQX;G-XU.:6A#F30 M5K*G+2`[65WO9[B\$;P.F8E0;HB?D.(C"E[OM?80A6ABKJ+U`=]:9+)2>6X+ M]N,0-@7[(9OZHB.::4W95Q'^+A+%WI3EUQ^^(D@5RRBX!$TS9T5,LLGIK2I- M5+%;9QR0K69+WD>*H:6[*`GQL*:3A'<4LFC\P5:S!A95]KF?A6#W^#6(L:=4 MEP_>2L:S#-\M2)U!TMV^Z4`$C82.MV=O3E^_U3X`"O\<_F6N!;AK1H3\:WR2 MD>46!B$A%B7F';=O$G5ZPH]$?<%<*,G:E5)2>PQ55T\$O+0HL$Z'BX]F;$,K( M`$/A*@ZGV]$O-%?X*#-WY`;G=>E%Q6 M5EVX+QNC,,+X&&,8>+HN!0U^8J$/+\]HY6Q#C6]D9@(,)4GTZH,%_F"ZH%A^ M*\@QQ]3I1(H9,GW]I.Z;X8=8I&UNN)#2U:K9Y#O_..TE)9X(<5"._%;"<@3! M]BF&*>W@7F3EU0_+G3NDW^[(4U#T[)CH!E3$]!?I.LF.S8A M$T60Y)QBU*;NLZF5';3:@;DV[>@P.Z9:'L2R8Q8[!HME-8N$<7*]6*:&[AY/L[@1I\K"!^\41 M-G)NQ6^,G5<]!C!*(7QFI=V<"(647KCNW-#NZF[`/\A3XQ1Q(+ M'S3)4.:$P^US92N&3JPIK^U7I-\D6\`\FP['$#K>"]"9ZZ-+E-"IYVICE7>5 MZ6(`6F+1+HA+_:^PAD>>,EG2F+30HP,&57:UZNMS'E]$D`D93B6F2U(SR$L1 M^@7FG=H*.];X1%P3H82[#CMR5V1+%W%=-?4#V3817D+92Q(U1>*5#)"$4I#T M&']?DDQH@IAOYM_O6@5!:)V:HC:_1X:I^[`+T1[7"8Z3&CDC'Y"L:AA-M*R* M0I(5Z3L>KJ6H9K5#XJKF@P>7ISY2A!=:[C45!N";-O.1YNE%H;TTPG%\S3WC M?&PR9:#CU`X^\R,@,(5-P/J#J"HN8KDYM)5-3D'.N0T\QRO&U".E8!<)J8`V M,'P;]!5#>O9&]PM)7')3XE4$W,QO#JY-KVAXZ;)W,^YQ:QW"A8./0'^]^DDX MRY0E4Q2KDYP>'\/["=2%DY3B1]`HJ<%D#`;&PWEOJ23MGJ870I0$`5*^-$\) M-0VLD*-.-&:MWZ7^W%7Y=B-4V:=_?[2M!,`A'0ID>VHK\GH\^RLZ)=!)176" MXHK7!-^OV9`>9E)+$B3#L`E5S_G%&N264%/;C.>,3.-6TAY;:D5++611M]ZX M%$64ZR7\91W.`F20]E+6KHVJ))3!'EBHA*-D?00C$[@M,HS@W,6J! MXG&3U_I3[H@DU!"JH-M+8L'CG,E"&B]8I"2*)P))EBL`Q`;P8<3KG+'*"3[9 MH>]OWFR80E)+6$:N$S^/RNKDK7&ULIY-3E(0Y+.('\A[68J#62E..D-JLK6B MK1*\8J9:QKU+Q6+BS'C<8(Y?R'54AN\RI@I8`.14CJ@+I<$)(*@V7NAHU)BA M8W4DK":C6<26,2B.^=B#76'C+%K8.AW[%!20]$&H6!H^43*(F;&("=MWUOC376SWB?O(\6O MA5)W>`/KO&[:WGQ([`(@_P4[(Z5&5018966$^UE'IF:5+1'[-($<280K#L2B M9#DO^U[.1.ZN&UV$DG@1O'?U,A=*5PEJF5L%-P0H1\="-!%^&,L:V&*LR`-4 M"G^);L>P,;H@E=B;M(5VV`NBHW,L5I*/W$JJ$@Y'->&Z'',A5D8;$)/!@6B@ M79@..Q==02M5!1FE`:9Q$&R32[%@]\]@XKQ>2DP#(:^MJ\+"D2=M(U*-? MMUY8VEQ@M*ZJF8]S*PZCH0Z'.#V%>"XQ]2G`IJR$M+H-?I[V1.=GJ@1BA05P M*`H/FPTS/G%QIR<$XN;)#`,H>KV1PH*D;2+J2$\&I-Q>OD?H-R;[LW*8Y233AIZ.??=+$C';/8^)]77D/(&*9(87EA^^(6+6%DN72+_%JE?,C M\+F3J,;0K#V)3>#(U_$[D$K@'4TM`!TK2:(0%6F5U2MN=90)&&<>=:E30-G5 MD6?LM*;J+K035"/R/A7CAQ)N.C/?Y\.66%I-66?-1A9@ MOB62%7&MK?6)JR`E\R?J)SH'BK:=ZG8:2BQX(&WS]2*T(##8!A]F;*L<3*_O M'S_^TY'_?S]P;_"P&G2<`-3X=52*5L"&$Y+KJA/<@JQ7#9^XXCYC/D#`X.1U M+PFH&X.FLWSH2BE)4QZG9C,<3=X]J$5<@"Q<ZSQ=W%L54QU[BJZH\PKD0 M_`6_WU"<8671)4ZZG52)FLML9U7V+,@OLC*"G8 M&%?3X;,?9Y\FD=C/MH(B4MPA"TXG.\47C,>+0K05Q^L21_DM`H$F>20]_N0V M*^.+^AXE&5>R(J?V+ M)LOM/;49\FQ^U*P==Z6N*:KP2P0I)A]1:!8-=6!FNDC+2+Z&IA@DN^=*;RF: M)X$&D%ZTS=X[JZ\E$8P?D+;<>P)JXZ++"UKJP["L9K/`F)0GTZS6)Z&YK?0K M"`M?Z3K212ZV?J;;,939&[J+;)E)U+?6\>=T67-':JX`(%!4"9.J.0*+)W+N MJO"7*R_RNE+#5N0\)EP4O4*(6\>\5LJ/N*WT*I7#>R;K!=W,X*0)(%2A;D&* MN7D'*"=,<9H"IW[*>P-UT&LL]Y2/+-9'IC]!R(I[>]ODWW*5&_$;:1].#&/I'JXZ,\,) M48O91+:SN.Q35SD8OCL;OE\R4N&?O93\^FN)23?Y;@(!:U[++R]?F\A,96GX M%1JM^T%_!LNG2F3)<4%!\XW(UI'8;MHB[L+YP+N@#8F?$I4"66@X)./=D=(U MIW;J$Z;J(]\\0";%33")JE!&-ZGYQ9[KMA(XRC-KMW(B_PIW,4W5B(33?M:7 M^SQWA+W?;8`S.H>5Z17I1M^"P`WC1?G'QZ9[0RQF88A!(Z<(`5.A&2DXBIJB MH6];0+,>%)#WJ?>23:%LTKHJ\@K*Y]M=R_FO"?"KS3FQ]3()[S@^).ZURA3I M`?ZBW`1P+C?OX4"8)9"7:_`,N'$]DD/A6GYW=%L7ZIH!&FSF&7&^R"11!E)4 MDA@$$I491G((:*M7A^Y.Z.,>%%*#:`G)T`RZ^V38O\S!)Z`X#:5D_J"JHZ-F"AQH_DU&,RF>=;#9KN;QT4"^CYTN&*_G?3WS#;\2$2ZAT(0BWT: M3[8;0L[.;;."GJ;>O)>,FH^_;ZKRE"OL]61M4J0A&T$V5]'%ACT5-EF^Y+JF MTB!2R4P]79.P<"X%HY!/FEC*WB+-U^_ M7^XR>DJ>\^QI;,T^YJT;&,4ZNZ!4@2WA$H@!5UD6&15S%4$D*KJ".,W:Y%MP MWB4O)4VU[-\!P3>")2P83Y6ZD5D_Q&].8RLQ@D87P1\X32-IR_[COX"6&,W98P#',M M;]QR;AZZ5A6H&*8(#F+FC% M;P2J3$"DP'VA63?ZK('Z?%,EU"5+@^XE2LLE0(-SE M5337'&(X?-'/MCZ01NY#G=/4V48LG?US"G<*.!#$M:C<185!Q@2.`:"8_63Z MD20,2GL[`;<+*@]Q@7L_Q\=+W"BI[@IH+^!PXB\5'-##./-B`E.`QZ18%HFY M8!Q#3+P,<-9]M"1&5'4M;S)OC#/;R#30X0##-EDE M(+(IU=3"OP@*^2N5RWK#.G6FA_AL"98O^9-8:L'SC)QW^]BA@8U.7:@U#FUY M3"#AC')]=>=XCC&&6QMN40Y'%/]$%BP.2BNQ>V_=2)ED/WM7$C/8(>Q_KU!30YBP(?Q`` MNC\,@JVFW[Y5$W<'&IJV058DUD:X6;$4\^UFH);&%_FJ`P0<&>*Y^=E8"YC! MP.Q92QO%8`42,?6KGH8N_.O9RI60=$A4]$`+2WU*6Z]>X`AQ[Y;+"U2+; MH'Z>L4R6E23@=-UV@R2OTSYMIO_JAKZ5P8W@2D5\.#AO1^ M:-RN/UA&T,+6U12&MTFOPQ<^H!;N MC6BKSL88JS8X(M1;<@TP:]J>=_"*2J>A/I\6=CF^>OIWNQRM*S*S3(_*>(/1+/VF"/^%*F-#!=@[B6ACCZN-+1)PQ*^VA)F.F/=A]+ M0--#9-BY6;S0;"^I\.#WVV\UU^@?20.3;TBP'R(< M.PYFV$V0_)+V!%5B;9)-46$G2L-13.;/I,9QM#@#CVV=:ZBH_,KXK97_^XI/ MB4#@HV_P,`P+E[30X7EFE'G;YMTVD(0O_>WQ!_,`Q[.GR?/DB;X$^(INE6A+ MF,1ZV@L+&)0&N%P?9_MS%.>`T8XQS*Z]G1GS'+]MK+L6!\SCL".%I@L7+9N! MKSG;^E5R]5O@X!V3S<+`PK:5;9C9IE&CJJ#[N39F.L=\=SMY$+(_7:FQ=UU% M66)]N;VN"J/#HY90LX2OR4F$PXX1TZ_L)^TT5_78QT_-I M]VA\)&R*3XC2&FZ_.)8;[#J=C]ON/%;IN-G6NZA MCN7#?/*P;;7"1L%:<9DI:[*Q[D+`6T2_*3736_V*W#:D636#JJ0O5A4@;TQ> M(Z4$M9>RW.Y@RNZ.7CI[,>9K^X]3C)Z^U?2=1+V/A2,8=MM3=,AK^_H-]K"7 M[N5WCIX6W$&YV`L.?$5#N;K.6;LUJ8^Q.O;JPMO,>BJ/C2RQB17(WC;"65&= MV2YOM17A)G<7ZE[TAV&;"VC)EOI^>],V&/\U4H$!V2C*:D4>"JR]ALY55T2S:2Y.?*Z`SV6:*OR^ MF#!(B'#,,1R\@WWZIH:72RY"F-"D&<'P>FH%[J/-Y=?_)N]L!DZESIN`\L<0 M8OH]6]J8[+$;O-I0$N8B+R%(6W]2D%\CKBH7@N?&58*:U8328._F*AM$G3'6 MPI<48<5VT'Y39`S5.3LLGCLOGK_Z(,1D`<^ZNJ34PT1I$V_,E6#QD9:!,"&8 MX<60)Z7\JLLDS?4HV+%V1^X#,&JJJ:&I@C;)8:)$WH@(2;_LC1J?<3U$JIN^ MRT(1I*84UJ/6%M8!ADVVK,=6T)XJE.*AK"AK>YI4T"9;<7>FJ:+Z$*OT+M[&W([;(RE$QEQ:GP=MI M_3D\8Q#M67BG;;:JMD3(6.)NHB\R5VX24(!IL0]',UI_;CN`Y4#(31ZZ8CB+ M(?-PP4H#9A6F]38:O"2MGG6E4@-)0(>ZQ]+7J2H8:P.(@G1"D"1JQDH(,!PW MGLFD!ZTM4I++6.<.-.,`H>2#D#MB-)U+8.=CW>AQ"\P(21@\ M.;@YW2P1KXX,6\6>$F!@`V008MB/8RXJ[?1['1WG:9M*AH&I/-Y`QSG)%`VV._9& M?P-Q_RF24&8Z$UZ?_V(I MII(R420H,Q7`P>^/9\]<;//9Y$J3RFT:$9U#2#"LV?D!KX(@?!]%2)W)Z4Q@ M2R+X(0H&0U8?2;&&1:R:`+(.SCU!>]`@8&TR7V""D#-7*1J:,3RF>6<[ONTY M:0QK/-)K>F!+K/J98<>H,+^B(+`M_,=&28\N_<_.O^VC1#B^JL]]U/FO^R$_ M??U'^-.T6?,8[%(0%>&,">02^KHVM5_GS5).5X5_J:AN-+0!U[7.EFBCS#BH M*UK:2CY@AA72A/AA[*Z/O%WG%4D%[GR9@$[U.MXA_$;4#/K9>?U*#B!Y)@0\ M1Y!T1D99/)<3@_,\Y"MB07%Z3?WYV[K^D0*W5QEHP1?NS-OY9[1<_C*;S?[C M_\QF?Y9OO*P:]POUW<9YZ+_UQJW_[W\NO_O?MX_]__W^3S\\_OTO;KMP]7_^ MY0E'([]T54NWS/TA1RW3/T.O:$/T1S(QA-!3,K/LB+0I934>ZOXD/U/2UE)`LP2A")D)$,&14 M,PP2H<2)G#>B&(G>G&V/+HG&'/OX\-<\I7V7;P5D\5?'4=.U$_#ZS>FKD]/7 M3U_.3E_]_?G;LU^\@:$.=$_/GO]\^OPMQM"[Z-C]ABOL^EM_2C-'A:I/9>/. M$L#X>:6MJQBQ'^!@=-01H,62BI##9Z/GS8NW:#D%I5MQ>[T]4E%*T2M,V7,_ MWOQX0?^HV=(5Q8Y\G/)Q/`OW@=H-_+9=X\?_TX^MA-YJWF; M^F#B][V7V-;QGZN)-T[6*G[>5KN1)_F?W]UM=33[K0\U27RGSM=7A;#CC23X M7;6K^WF8_^X_S+_C+N.9_.$/?_SA.HS5O2Q3T?>(8 M8*&'$JEDW>)]?6LW^&&O'_;Z8:_?Y\3VMS9W^&$PPZ#QU*/03XM0A/Y[HWVT M+-+?I@`YH<:I<[(61<5Z@?C$1SVY]EO5]AEI9PWIV^+_LRN3KQVLR<&:'*S) M%S&Q6]8#U`3LSNH!6CZ0E6HC,W'8PHO?H)'38F8>=>=B97\+$$K&OM8+G'[@UOT4"_\:%XZ]: M-?-OT)8OJ4I:S)9YO>RVU/=LF>+(I3,I-9-D36<+#`640AID,S2<^<]4.Z'Z M556;3L8"&X1X;$^U@SL-2(7RE>L6#AK*SQP!!?%7?Y=M+E*N79FMUWF1]X3$ M+0X^YD=43G-U!,[)2NYE72Y"UAN/:RX`%C2?!^EB;E,R?XO,$YJA06(FK;>. MS,<-A$SL5,G29@W;#\X8IY@<31FG`#II*M=KJV7&&V$H` M_(LCM2-J'/7$:PEZ(^]NO'TY7GQ5J5O2#PS+I!+BFV!Z6T+^M0$!HD"=!RT9'*8W2!T2>,4( M),TAWD!::\B[B.HN*SMK!5E_MB:T1D#6F8O\.'N4?S.4V1$Q^&KX.K-0RE[" MR7R4^]]+^RONVTZ%[18J^(1BMCJ^R9;@]"_]$!?Q5P%%'>,/I%EH6??N3I)5 M2]>8;7@YX#6S-IQVR%(F?3#@$6AM]X&ERB=&D[;G\!Y^E%<,CQMY/LHOO@E- MHWK]2/=&U6CVM-Q'6%I?XVT!=8J5X'Q9^]M/\H\B<3^.:&I<24]](0S`\!:> M>-NZ`2*%7Y`?*3/VN/%651%IC(3V;L>;/QEZ7#P_\LQ6/.^QP\,D>FOL4)XDZ/_\]Q^L0D:"3TY=Q;WUZ%S/\?0OTB4D_SS%/LFIV]3+QLR M8@K8S5.5>=D1=W<)OTH[<^6F$2"FCZSZXOX/>>?$6>%EE,66!W1.IN!+,;U- M%XN5&X0S:HNB4O;7H(,&UW#0=>KX6BR9G8= M+(QS,6:"_47YIJ';2/(\FZQ8APY1R:^NNQ/'G"-/#">H`@O&48.0B]PO$1"? MU)_-F^BK2*L*Z@%2W)<>SM>Y2R:F,^IO^[E<9(4PN[)E39U^$T.?SF7,"0A6 M7IIIK@98YZ2['F#.Z641ZNP%.T1J@7Z4@IQO;7(G[48R1RM?XFQ&-I@D4Y@3 ME6Q/T\I.5^%E%7IF/2``*HHM*&%6!65&\4&ZUL. M=*`K1!P]/*4RP*1#,^BE))/(07EHT#%\V#"VKY=P,].N15_@D?])N%-7 MGOIGQ*\D2M+AT+_6G,40V2_EHMHCX2C31YNKR)23(8;JYEF5D1,S9,Z2J%LY M:OY@DMTV&$+70#&.-IECKBZKI+J6A*?85W;LAY^7/%+**"V92ZGM8/)(,L/` MD$2.HX.>P.R9CA$:>UU+"3<628\&4V\XGW(S>%K;UD]J>\MI,[/E[0OW;&=F MJ$U]54HPDV+%K=+T-_:6+K-2=*]6SJB]VA';[)<=/;BPS&D+(B=(IG^)"2T2 M0/`'X"?:BO\UD_\]:'LT:&0ZG=_+!XED5=&*"@2<."VPA:`T,MV7C7=M4%ZF MW-'0^2"&)O4@`>R;4@&0.J2^5$L_DNF=#_6$355QVUP()Y4^.-M1/XI`EX6V=T#"W:[@A]A:WV,Q3 M[+KO94-^G>RZ!,2QJ-JVVHZ,^OO?CPVZ+QIZ$ZC'UZ8Q.N*IR;A_>G[RZYNG M9Z>_^L=A04A_]=&$Y^W0-C=[(W_\X^="UGR*P^:#9UVIR_<"CKOEWOA4"*X; M8>$^=!5]]K%_#*SB\!7]^R20X]5/0XKM):?8?B*G^NV'H-+Z"VA\6L/JN@?'!BC_!((AS4+P+U3SM3+TF:'##V,[/@/AT@CO_@R$VF%3?N9-J5@*"11$ M>)2%CT6Q+18O5<(MIP*$0MP(J,.)4ZOH`7$M2@CY7_@M=R2YH5;CODM48P-$ MHVDYL>X?H^6RKMSKGUVFBG*:.M584'LYBQ;;4!?KL+$_P;IZH2SG-U3Q>$E\ MY<,N_FQ'JVQ5*+4J!#NMA7#AH;=5YK(?R1J(F.6808#4]9'?=6TP#N$HW]45 MM84[;+I/L0Q`+[[5+OOP&?U\L?47@&O3XS'F+E'PCTT=!((0VQ>:7A3:UE&! MC*;_-%!'F72.W[,_JDJ:,Y%D3=25#_OJ4ZP"9OP>CJ]/?7P1<+\K5YDHBH9C MS#11N/H`DX9ZA.^E=_AVV.0]%O=5;KGI%D>]`K_EAB^H3N=/M%#>^_[)VA;: M,A)_D+81!<=C?@`[/K+Y6[/RPH^]C MQ9U$GO!A7W^.?:U0&A_($=.-$4"BB,QU,O#+8DM76_9?9COBZ]@J6:JRS%0\ M.EQ)<#>6XBX="49K.=T(0_-JV`=D3[0FS94^\&&W?HIU]%SYCM*_X#D3+@\) MHB\@M)QQW>2HV\U#U'>TJ@&",P7]`&"/](]UM63,"\%@Y%1UC?K`-7>L,*XP M,/K"V9)-R6AYD(C%#YC/"F*""J00;27DTMX@7+BBV@DOV@BVLRZ\V@TU`>O* MZCL?-OHGV>AWV]B':/:.:2(D9\]9"S'UO/V^V#>M([GV9=S"O%=-II<0=BE% M[D,WSD/2>3A1:>Q)#`_#,TV_$4(:1_2333DH?T+[RU=3JI8#&D.J3"E2E$91 MAS.&J?;`;*#K,="T[\LQ\*HQKEV3;_,BJ[EB5X'_VRSK?.%"VQV&%:&Q]?5X MIR"!$/%.DJ<)&*>\C)7VS#*/4Q"^(+J!/?>C#5T,DL?+!D\X)TD+MVOY0?VA MN!."J9E+AF>:#ZZ#:-+OD4VRF#?[X*O'#DJBEBU6+TQ29$ARQ[EH$"?MM-SC=7XMZ2YQ:L_+4C8X-PT M[*-Y["$#FUN\CEE\A^&2_,H'.$K>"/8VL7S7W]J9?\M54>R/JDL*S9INT>2K M/*M3R#"U^8A[^23;DV3,J??1O#%XX"\:+7KBK`7&F/80]A,^$-OY)=+/7[X\ MX;QQ8)J1G8P[?BB0<8LU8\@^?'VR)G)AUC0@6_C]__Q.7W;HC8*.@]#`"!P@ MAN/&)Q6:(1UJ(I#RSRX#74!_+]U1J>7,@^:HG::B%]*=>K3%1MI34CJ006]( MVTM*3\D'/:$)A4TX9CJ98<>8EI7L3ET@5ZMV&1WK1,.GW]@$5`IJ^W?%+"?= M9:::%/WYV_>+NN!__W]02P,$%`````@`+3`K0A/:C2:.&0``X;L!`!4`'`!N M8F%F+3(P,3(Q,C$Y7V1E9BYX;6Q55`D``P7Q[U`%\>]0=7@+``$$)0X```0Y M`0``[9U;<]LXTH;OOZK]#UKOS;>5\LB4+3M.)5ME6['CB4^1E62R6UM3M`C) M3"C2`2G9RJ]?@!(HBB1`4&S$P(0S%TELJ1M\FCB\C=/KOV]OM\Z0C[`=(:=U M-V^Y)_\?3?[9VFZ=!).'VZ';.O7K7;CX^/ MOPW)1\.ABU$83/$0A?0'K>WM?[7H?W_[O]?4R0E&U,6KUN!^VNJA8:MST.I8 MK_:L5U:W]7%PTNKL6)W%E\@W/-?_=F>'J/4T\?SPS5;*V=,=]GX+\+C=V=G9 M;;,/;BT^^>J)_F#M\X^[\:>MP\/#=OS;Y*.A6_1!8M9J_W%Y<3N\1Q-[V_7# MR/:'U$'HO@KC'UX$0SMR`U^B7"WN)^B_MMG'MNF/MJW.]J[UVU/H)$4DGW&B MQ$W:0+>]^.56#*S5>HT##_71J!4_XZMH_H#>;(7NY,&C18]_=H_1Z,V6?V>/ MMBEL\O\A=?:/7C"<3I`?]=WP6Q]%4^S?3B<3&\\_^IY]ASSD7*'I'<)CA(\1 MGMA^;^[;$W?81[:W^/SIU'=(F79VMEJT&!_[YTF9_3OZ-K29PS;]?1O28_M? MB[>L%@(:;&?JH=M[&Z/[P',0/D4HI!XLR6<2FFBSN@!2RB/?G]H>17#]0&NN MZX_?/CT@/URXZU0L<:DY4,1+TV^?;/JM`;;]\"$(41S-W8HE%]N*BZVDU%=! M'SEH\D`;@76O>[6>0&2W#5#1W7#H!>$4HU7%ZZ'(=KV>'=EO/43K9"A;];JR ME1W8:P+"QD-9%IQ6F#6BM/GMQH@=J!2XRD&Y8E2". MT6Q/T(2\G17YKGUUU1BI**;M>=4*1[^P*A)Y65W?I:W.!7&^5BST%"'?00XK M&/WVS^O<60E)&;U@N%8PCP["`LS*%9M^LX7QGRN_1W=A1(>NA5!C-"$:_C8. M9FV,XX<@?\8MYO:.M1R)_:/8X*JJ5"G9#0["!S2,IN'`ON/$6KY866OM%*Q5 M0(_P>N'("\#\+M\%N9=E^9T1#B8EE*.@^&$#3(9$;[;(&''Q]KX:!D1:/$7+ M'H#4`#2F?UG]WJ.]WYNM"$_7GTX.N(/^I$;S8^>W+"<./G2`CGY M2Y9YD4'6&8$S+VPM,S'@O$\T`(4/GX]`CO`&C!<>>LL>J"[@-6O+SA,<;K[C M3),5O#@,[?HSPW.E8[<_;VD3N/OR<&?W`]\>PPE&MB)3NUC%E5KW'- M=E9(8HG=`L2^*>6P/,,2M_OZHWO"!J&@MM=`V-T$8=<0A-T,P@X0 MPH)"R`P#JK>8SS$,V+R]E!P1U!#>[Y#MN/X83'^I8"]_D4JU;\.0*^O[K MNZ\HGH>#P9LSI[3OKPP583#=!YJJ7ODZ#(/*#B/B$[8P+[.K>&1>A8.2A$E@K;\O5 M3:"#S(Q-C5]^#@2&6Z!@:_(^GG]!-E9!?=VRK@,A(0V&GR]D:_-7-?CGFSIY:V0@Z0*CLR(CI@5"Q9? M-]=ONU(KD56W8V)7FLJ-:KA8Q/CB&RY2*`6.Z`SR.MN3XA!,E97$XR<<4,J2!X*BP2@ M;K\)<#0*/#<8D&(%,P0D(KEF->T^^!@8<[YXKXT"+I'OE MF8R([H`>SV%>]*PU;=N6W&,SM@(=OBE:B+5/@FJ[+@UF,9 MD&]=>V!&5"25-R$*_C)SC.HZ0.0Q8+Q%L\P;`0M$N#X!88U'LZ(<##XD'/(S!]L\Z.] M$LH]-F,K4)F;H@7-`'.,ZCJ.X3%@N$$G@)DS\,&CP+`!38E@'+D+*3V9/^"A M)->LICTH'P.##K<`6LT@4C!RU/15+QTQ"@5J]=6@,X3M\?(DM47!8"9@!88U M;FA$.%@`1(*U[ENOQP/@JGRHT+N*`Q15+>; MXII]'M2RPH%/`_CE);YZ+BF">S>-"?C.+<(S=XBLSIT%&@EI-\^5?)"-C3RO M\EI27>S3[`8K(%AL>%:?+6\G&PLN#O!#TH^&WZI;WQZ"5Q$3*P3`MK\K05529/(?K9=FF[%?>1.[J8XC+LK,/(2 M#O3NPF4(E9Z^7CDN5R@"KP3%-I]O\;ML!#@L)$YA?Y;)`?%5ZK4:Q*5-H(D! MCM&-%DO_A28%Q*S5S0@TTP'-=$`S'=!,!S33`]'?5YNE3KJRZMX(7FC2,M[4CD:G7(SVY=DO` M6JIR;ZMV=]_D*9L\99.G;/*439ZRR5,V>,2_XIRBR7:]G1_8R MC19>(2(5\1CA8T2/YNS-?7OB#ON('>),5]73+&MWDRPK_TC0&E<*90PVIUR6 M'[S:''#9)%>;Y&J37&V2JTURM4FN-LG5)KG:)%>;Y*I(K\!=G[QN[YD$KM3M MIYDG5]`?7=]])0VV.P.ZHRIG[OFVB)8"SC\Z_.N;^+C![L3&(Z&A'!?@"R[JV)$(:$HL[-TQ9PK0H&6//TQ66(LX^LO02 MS@VX@M^KQK>K;6,B0%%ZH,)&DFUU(C',E8(BLB6(8.[W['4/]Q1 M\24^=&VV)`DQ706:8&VN9@"+WZ:W,L#N@"RYM`^>'"\6,MA-E+_V M51IU([3>.`*N,F#-D/@F&WN7E,16A\K MBS4_&U`Y?YLLR2$C6.II]8.ZF5R!95W'(T(:#+XP:5"+/R1QC3N>S#,SKH(C M%C=*QI#AAS]&T*\UWZZVW8@`!6,O2!#4``^'6N=YBK4'9D#YPG_C[OAH.`RF M\6GC@$>O\RWKVD8+:3#\?!$/P1^:^I+UZ[]O;[?^\_GRT^Y___/'\&'Z],7O M'CH_#F;C+W/_8V_Z>':`#P_>=[Y^',Q#[V`V_+'C_1Z]^./36?3':#AN[]_9 M-_=]>^_+U_[YXP>K,_/.NA]F#[-_CP:_MT^^GN[VW7<7CS?WO?#Q_:5S^G36 MOAU,SF8?#O8"O',S\.\ZU^_>?;X^.[.M,]]Y-YX>G[:1\^/XQX?+'P<'>R]V M_CUX[)Y\^#*;#UY^?_'[^R\7']Y]>?D86/;CT>5X=M4=?WIW>H:.OKT8]^U/ ML]N]+T>SO6$;_?[]\?CC]^_8Z?3FG]S9\?LOGX81^OQV=KI[_QY/7DPZ1_C% MT==Y>_SFS7];)[?][6UM^ZZ"=X'-2H)F)]93BQ"CZB*+F@Z4"Q^>8>8G#2K/ M0F8/*8:9.N":U90V'P-#SA?]]9%#31^(+.O:E0EI,/C"8Y2J=V6_PA4N$JUX MR=TM'3B%W=S=(AF4ZI>VE&P;VC1*U_C6G;B>C:\"7VF<2ASIVFQ58<5")13W M58-U$DP>`I_47DO-73OE]O5-KDBP83$17J^P>5`ZBH/"M6]`4/AL6%!$B8,: M0=E5'!2N?0."PF?#@B),)U0?!/\:%X25#W_+;@8#W).&F^O!R@-2[5ZP7>'T M_8:+)_^:]X+)KII%2_@(1&ZT+A5DD/$H@.Y17SI^1@C^]M#0!Z+'F-&5R<` M*>@BP_H'HA`'PR^2U+7Q7Q(6D^GD/%[72P?&?;1(JQQ-:#&@@U+F3OND1P5R M+'Z*KA9:5-D!MIU%#NPDF$S"#UO6`"!CA&53SI6Y\J\6(!@YUA3]+6Z9?FG4W*00I,7+J^C>=)H1#RS_VA M-TT=2UQW>JNR7]VU[08D66A!E_VONM4P(F^0,PCZ:.2A871"VFH$-9#GF]<] M3GPN['0=)3F(JR`Z"8@C;^F;]J*]*1H$V<8`*#[R_C2=']@`'`L@W%K[]:/@ M08^>RMC4>&#!@@I6Z^$QG.8 M&:"L-6U)YQZ;78C#WI?Y])?LBGH)/"'R*<_!;@$ M1FQ<^_>>!X4%0C#A7/D<8U(FN!L`#9C+7WM@!E2D@S-"ZW2[%PVX`!-2:<7\!,I68MJ3Y(#L[+?@24C[&#J`F_S+&-&Y" MBFZJA)MMI1X`4.H,<(4-[B"P8QO3XQRB(]^Y07@4X(E-5/O`OH-:+R_A0%/D M,FA80.!.[DZY`A?B8MN:AJ$$"(L`7R36B,"Y'_^-DCCWO&D8I[C"3S9V[3O7 MHF0P6<\BBYHJA,*'9YCA!/::&Z@\*,>HKJ\WCP&C#;I>..WLG'3><61[ M]4]QYMO5MD<5H&#H`??CIKU9AX=U%V;GS&G^`"L^,G[I[FW+FS$&\FT(,>L]3QL\>+.(] M@Q#OI1"+CGZJB[CNEK"<.7,0=U.(0?>H9OSLPR+>-PCQ?@JQ,OE'_!S`(CXP M"/%!"C'H`MR,GY>PB%\:A/AE"K$RO4?\',(B/C0(\6$*,>B>S[2?SLX.I+*+ MS1F">/'H"6+02;,P=Q2MU9RM0=\0.I[F)SYB!.J3M+F;HC?B#576S. M',0I=6U#U3*F3,&<>K,),M2J.XL6'5G&:3NK)2ZLQ2J.PM6W5D&J3LK MI>XZ"M6=!:ON+(/4G952=QV%ZLZ"57>60>K.2JF[CD)U9\&J.\L@=6>EU%U' MH;JS8-6=99"ZLU+JKJ-0W5FPZLXR2-U9*7774:CN+%AU9QFD[JR4NNLH5'<6 MK+JS#%)W5DK==12JNPZLNNL8I.XZ*777`55W;/4^^-%F`L,:8Q?A2`(`JOV8 M1^"CSKAF-=W1P,?`L.\"'I7#O/61'0;^+:([5I!SXMEAV'-'(T0O*CTE93^? M3)#CVA'RYC<8#1'=VW6#L!O4/50*H``&U*(Z>).P@VK45EN@JB MZ[A$?;F<.V-R+*NFQ^%-!+\L(<`)5OI"WT#MC\"!YI7!1&: M)"J`NR/%?I6&0_]Q$0]*$@C(;907P:.:UDE@6.,AD0A'PE^)7"_T#-@X\>WK M/T(2L&%!V>.+>="(J(R&[KT$!T@2`H&PKG$D$^")I()C2#6M`67'CUI[?%5< MESD]?P7Z4!HY'[J.7B4));$1"NC:\4D='DBJIS]&=7.($@XT;:%DT"11$4P] M5PU)[.$JZ"%G.J0H3@-\BE"XO'(M'-A/J&Z-D7*A\8A*#E$2'-!)Z^QK\9$X M7(ZN3Q%Q:'O]^@,L22?F]#$\2DF,^/*\;H#BX[X\-+/]:!"05Z.'1@AC\(:- MZT9;;2@/*HF2:.*\;IRN?13G[*]'1R,R%B0%N+T/'NL.CF6]&-()<2$E(1(( M^;H1(NVK9_OQV=O,>URG,7",^'XT[I,JP$IB!2KZ<]59X7G_/`>&U"+!:9Q6 M%W`&/^LW6;"QF',N/M:>S5W^G#G^GU)$8[I`-0%*7BW(,XRY15=5W8O72!D5 MU:+J+E@!4#H6U-FZ82($D4`!<+%+B$F(OCFC6'?&8.K@MX6VV!-[HTI/ZQ0UR[ MVHZQ!"@2\I!Y!9Z_VOO0N':-0Y_:E]8%/3^YV%_]'>]K)SW M=^O&NF5Y*CE\"#+V]4U&2[!A,=F'F_(O\`IZ6GZ9>5W50#F7)!C"5?65`Y*Z M=/H6S1!Q-O_B(L^!D01EUC76!:5@DH"`[A/GNH52"!(.-!VLRJ!)@B+0S%`A M@;C:3VS;L$"LW^QG[0/.__-<*L)O&OD4=$"17.!M8#^]_3YU9[:'_$A1!`I\ MZ-IM2Q)*@@.[WGYP[^)H#MMC%]O4N)_F0$B0@VYKSSB#ZI.Y9C5MAO@8$NR` M,^[KWB!ZW2*+1J#.]K`"L5R/,BA@,]BNL!X`SG8G/L![3I%E7?M+(8T$?[G" M?=U>/=8%L<]^\[I-O=W9(8H!_`]02P,$%`````@`+3`K0LR%@P!)*0``/;P" M`!4`'`!N8F%F+3(P,3(Q,C$Y7VQA8BYX;6Q55`D``P7Q[U`%\>]0=7@+``$$ M)0X```0Y`0``[5W[;]RVLO[]`O=_X.G!!5K4KBT_XCAH"SAVG+A-;'?M/G** MHI!WN;::7T3^^]__^98TRCGZ^/T[H)9]\$ MX>W6SO;V[E91\(NLY*LG\H-:^'BXE?ZV+!IYM(*)6&?KMP_OK\9W M>.YN>GX4N_Z8-!!YKZ+TA^^#L1M[@0_0"S%+D']M%L4VR8\VG9W-7>>;IVCR MQ?>9Y1#Z-@QF>(2G*%7]5?Q\C[_[(O+F]S.B4?JSNQ!/Z9K,PG"+U-_R\2TQ M/FGED+3BO""M_#O_\7OW!L^^0*3DSZ,S9J<.:[*R2EM:%;W$H1=,WOAR&C=J M;WVO3_%K'$982NE*S8JM9^0'[Q/5:DKCIQC[$SPIU"9R."Z:-I,2HA1,1`?C MFM`9\?4@+&2F+7_W11C^.?*B3R,<+T+_Z":*R0A!-5?:9H3'W]P&#UN)M0C- MDS\WR9^;VT[N\/^F"]RJ:4::KNE6##B=.IRA(.[-G[.;63I4)*7\V\2Z_N;/ M5U]\3PIN925??9M)*\:YI99'8=V(;C@NFDS^*E`S+[$U#I)AYS[>K&D\#8.Y MP/QQP.M1:M*N6%^&072/Q_$BNG9O&+R``]V45E-IE2`W&F8@O"RU!%@SN`Q[ MY\C2NE&,9F!4)]C[\R08+^;8CZ^3@2JT..ROU`5KKK!FZ+(1(*6/( M\V`H@&=V:ZO[FFPI[SAQI="=G26+P:E4%H,)>6J MRS0S3L``I.X%M-[)T/\H&4DF9#0YG;FW_;&OB].S5FNURX"Z+(-(H0K.NF&F MVKR`M]V3K?HG0^<9/@VF>(&O=H*O2=4VLM-:%TWN1=GZU*X?=AX>S;F]U3_) M(;Z0]V8ZQ6E43JT3U,4:6.75%!`Y0EFXZ0GF?(&*2],9VIV4&>FO0W?B^;=7 MS_.;8-;?!>KB](WTM789B.=E4%;((.6I-B_@;?=$9J2O?>+#V`V,MQ25N-S58CYWPV=Z^)243;%,_G>8Q9+YM34- MU7PMQ$%3E-=`OQ=U_EBBKA-S&!C$`0!=[CIZIR*OMI/_=E\>;N]^P/,;'((< MH%5)!YVI+3.P/L>+Y)>W.$2O<3AWDS7:L^_.O3$:X>2C+'>"TX4_,45VKNU+ MO*F][1Z72V4=)Z(^9&$3I"7X(1_\HHY"P42LBI M_5:_#(HKFX$PXV^SK6\DNB5OSFV9KYZZM#T9#NT9X]`>@$/'P^/0G@CT/1LX MM`?AT+$%'.IB3@4FOHP:*?T8%,]E(<_W8B_QKH@(1>-4*@I\ M=%\(1%^Z$7+1_Z%@FOP_$XSNB60S/._K&WG\0=Z64ND^>7,G.)$6XDFEV;21 M^*XY=<@Z+[<%;6E!`&4$?IEX0)R8G42D)[F4NH]6W#(1AV;!8S(S$1\-O5N/ MC)>%!V?.FOP)F$3@W`T_X1@]N+,%_LK0B-K-)^I.*S1KY]2E5+;OWN)T M3PUGKG\413B.>KLE0ZRFF"FK?:;[%<71-"EO,'HJPJ-T"4[_)$/E)R1UPKM) M%QY'_N0*AP\)@YR=&T>I:X";T39L035B[:%5JJ,ODVJ;SENB:5(Y'5>0F_RE[3RZO:<3C+DO MP0W1=2,H$:[XC0'52.*HD[ M_>IZ9$$LSPF*0B>DQKDJ%D*RBG(A16 MY9AI=H^5+R"96P@<+6B;"$VS#L>FVW+3?UW<>;#T ML14PCB)>UZ>$2!$H$<\#JVG(!I#J/@P[J(XVPME)5PC"U'4P_+94;(@R(NRJ MGRAWC4Z4N](3Y6[J)Y&IW3<>..P1?=>*67*7Q;VF36V8)Z%67<#1A]_SHG^8&[F9*+1NC:EV2]/V-[5Q&J]$1AV$5>5H=''S5W9R4`V+6N)6 M$1JS-GEZ2'BU@;*:Z#?21V45C+O$BR8FKY![:ZNA3M7 M"R[Y!%8?I-DEO_)*F5:A6A#F(&O>_X"M(BP&%\IT:U>_WQO+SMU!J\$JTZV M)2TWY7:/[*YS-R2Y!P]8U83&EJMWLH\=M,X9T]>,H1J76/2=6`0LE(8D=(H+YZY MA\%0)1^>W"\X7=6TH&1K0&,AW-H#,[?<$K(I+Y@MYC[LOMI.+%S*U3L[,O4` MDS&M0?$.T^[10HKA(?4>ZYH=N5K`>$DU_!"-+CD[YLVI9?"G703G!->"D&I%'1".2"D#7%M'FH&.: MJ)!5`@Q0>_DH?T-4OX^'JE1_A#W_`4%?/,Z MM\#[*BN876HNFRR+EJ)1*3N]'J0FG>O M\E\7D4M96)[Y.,7I2+S\0<\QD2=9[^D-MB+,5P6+`F1_@+J0.IH'"S].SUWA M.9X8G(H!"!8G$P2&T'7R@Z\&]0Q(+T`&BXCDX:NJ4)4DUKV0KC4.HJJQH!G5 MYC20]7YCMIH6D\N2@4QD0]E0TING\5W2>:QZMF/+U9VBQ]"#F:*7E1_"N"K$ MKLP?X]E`7](>1PMZTEX/*`:)A?3]`*5,=:S5?ABRTC:`FR;O?VA9NXVMYD./ MC99%;+)CS.);3_J$8_[I>#0>D]$AYYFB&]+9DDULX]$4$02C\BKL(3458D&L MB0=?/4;`M(+>;7"6&KS`CP0:@X5#[MNM)50UA0T3%TY7PQOD;018L!OE7@?& MF4XHZ691%2GF*G9V:!)U;M90VH>EDV^@M+`=VK9QHW.A@J`'+&F]8= MC'FE-@DNBLN4BTN'U1R?8HK523"6$JP#^N6]TD5YYJD>W0?$!2`5I\-Y_=7( M/9X>U(/Y<,,/T/**:*GJ2!5/LMX;--B*="`HZUR5<3]AG?$1=5O7_1E\-:`T MM>58FS+[:\]B9K^D1E_\ET_%IK\BMZUUH=#EW3$:*K4WV$AV M2RZA?(_M%)M\*DG#:VR2X?YJ$Q?AE3?W9FYX'O@K??9/T)!6_L/U@CS_%X0H M%X&^3(0@JO<9=#X8Q!3W`YA&T[S932OA8`%";$TADXL#'0?S^\!/)@UG-8\Y MBN5K3I41*L08&9;ULH!&N6HSYUA@[')_@G5=6\H-2!T:Y2%0K`46LJD[I?"= M%9.:*=\4J5D*B4B]8Q^I1=@U'8G;=?VDYJG#)34'BK7`HC>I=U=,:J9\4Z1F M*20B]:Y]I!9AUW0D;M?UDYJG#I?4'"C6`@OM1R<[`E&W/B_.]6JX#YAK!P'\ M`#8-DO(I<%(["S^26)<%#%GI6^":(\)P/"#DL.`BUJ[O;VLG!>SM9AH")-DM MJTH".2/Z(\.:K;ZBIZO5!^094S=,'>?S1L/1NCW"?)*:QHFD,&C:-@9)KT>X MI5.YQ;B>N#&^F%[C<.[YKH(4')D6=1^4D-"1\0W%(3\*R$\S<1N(""1N6!%I M*I&NAT^`1PNZ_?0=YY#4L.-L"X?XL\%8>J2Z#,)X&LR\X'H1^L2N:AX&88K5 M.9.QE&`,*F5Q5)2WX+4+$3ZYVW"[JC$9D*<'C>4PFP_0Z%)Y@"V!JMX=X0C6 MO0A@J]*!EC8\N28&B^4F[;='#)%3^/P(V/8#-;ZZ:7.4S,JJ29K*-,Y/H@68 MFAN(%#<9A^(BPW**LH\&R5CH`.-AP]!#,K(TZ?*/]-,@B/T@QI'B5[DHYV$C58\*,'FM^E8NN!>]5+H'AAVATZ9L\LOA9<2MH=O6= M:H:RQ1O9M&%IPZ=KM+P4-J]H&VV%*#9V=+AVT+21`-&%NZT&`V7X@/1Z-38: MD8M.+J:5*T^4B>UB41RNI--O:1'@)MP\^$5M%YD1!,)>X8 MT`6I]4&I[WK\=8C=3_>!Y\_=`WUX\CV-``0%%%L"A?UD!E%<,/TXGQ MJGL.J]/:6U%$;L57,P#QFS"TH.`J)1AIRM5I5CG+T*U4-WZ/ M2A=LZZXG-HOVQ8=0)=[@T1VJ-<*J[T(E&N'[!,]DV'D=Q'(:J(QHR*"1+^J0FI7 M_5JRKNB">\,EH<;2_;4"58P[FDC#N+8XRGZ-'LKAY[:8/X[Z)8F_N MQKCOQPFH"=T+$(A2K.OZ:DKA1A.A#7!5[:N4Z>9?2M M0*`JB0_<=D1KC>"27H)P#I0J'BBZM&3/`6/@J"$X90QQ1WM.'PM\LJNUM*U! M.BHF<5K^JINAKJ'$912(2U60N?T6DHD*L\6FRM[\T#^I+&59SOI>4DMRO*&7P M?Y;X]TPOPU&<#)N3ZV"$IS,\CH^3KSJL:B>:+=[(P,721ASAS>JA.$!Y3917 MM2I>R(>R%2OD&$/SF,+311#.!2,S?%3Z,?T\B(^#1-8L%T]".2<+?!TT%U>* MJ`]O3^<)Y<[:B<:&1!!:2DK]D,A"B3#R#\HRW9IIJ[-'-'RUFPTUGHF64I`[ MSJA`^;.`6>H4=KF][<[O9UC-?0ATF<9R3ZI:")--TL*48_FF$A5HL#0S$UH= M-)`VTM2!GR?"LO*@S-QW1S>7^/KY(W85W43"DVQBV4]3!$C!FV=$*E%OR##L M)U3$J-[2[KC>U3U+#0@[V0`,U?B]%O&YT',W)&\L/6#%)\'8X@WRMJT-D+QE M1=L.?@E1I'H2PPY&N$S7!4)H`2C#!T0%O[-!0\U+H3S)QF=C_H.A[:FI&%CP>VAV$P:*@D+JJ7A,5"#=R6PI#&1B)-]#KY\)_ M+'E;%`8@SX5:+XR:([/PE5$)/`8.2+\+5G+!1.SVOE(VYR)-,S0[%G0,'PH060-(5D%OQ?%%BGB+Z`T/.S:/>' M3H"@#!\0%?P^G@61Y]^NAMTMX2:W"IO*`*F=5[/0AUC043V(VGLS.X@T52!\ MYB(Q<"@D-Q:OXM"-\>VSFM,G36EZV=IHG4'/HI0-+Z\RK)^#3NN/+L)1VJ8Q MC&M,ZZW9DS/*M]XY@G6?G62K(J*599OH8K`:_L'=(-=)/?AN.-CV`S6^]#G+ M0FSY..YV0M]$V6C91JC&`:T MU7C2$QV1HWPYRA"J-;Q*UX%'%_')8P/H"Q=`G'YJ"IJR-6`2R[Y#WCUM+1K] MG*.IP.,=/[)MQA4$(6UF%W5]H[$48#+.IHV<'@;N\K"_ MT4"&'Z#EI4ZJ$($IMS^XX2<S"7!M<@0%) MQ0MH7=1,/8H*3-8!S#P8.TL3[3R(S_QH$>+)";Y/UJ%)P>?D![$7+Q1LOT%: MT/_1)M"(/T7&**^+EI51I;8%"R<@IK7Q6VP1G9]\`'TXDVE7B-8&HQY?C6I. MCU@4 MGFG.4+7BP"O=[E5PV[<(ZJ2'\(`QSY:6&U-Z^:B`'MI)P3Q>/;@_#PX,>=OWZ^?HYF!P_C M?[9G/\1?__;+V_BWZ?AVZ\6->WDW_S)V7F8O=W_Z>'^X3_3ZQ^V MCO\ZW1UY[]X_7MZ=1(\_?IBOWWXZ6`O"+/O6 M==[ZDW>WB]>G6WCRS^M_?OKPS\'!WM?;_[E^W#_^Z>/#\_7+O[_^X<>/[W]Z M]_'E8^"XCT7?Z%A]]^OIVY/[R<+7W\>AA;[R%?_C[\?7/?_\= M3G9.GG_Q'E[_^/&7\;L?[K;>39]./^[]=?]U^'#Q\+C_Z=>C[[[[`QU?C38W M30WY%`\V,0CP4UB,+_P95I)B]VLW/+YSP_C(GUSBHXMB7Q@U#+G4?<=XVL%BI#(W0G)`8-15\*G_GIW\A' M\=ELMHC29._H%S?TW!MOYL7/%],1CA>AWW?34ZY-S5D%4DH"1H.*,%21ABKB M4#!%N4#C'X>]_*/MN1U-J2WM05I%T9#3%^[/"F_9Y(Q*@Q=^>CGS1?@>1PK' MJ;I80ZN/FA*`H28IGSWX%H2(5+'*NZA`M1VHW6&0S<6;8G?>9/\),ZFM+%:\VQ%VD#X.VR7I%QD-:TBKY<(-N.Q#:%IH1\ MB"XB2L-Q60-@Y++WJY(?7&^6S_*7=X'?=WN,*]KW:PH7@LMW-(IE#$SF7(4ZT5^,U5J!U7N"OW2C^"3`49IL-O&2"OAT MD7S+*YSHV4WHSAB#*`48'$A=1"KGJ8=9=935MVIT$*+;]C>^8?1EJ$%5$HT. M7<%:([2D,^**W4:U^_YF[A]LM"[;O/564UD5I9=.9Y%`D&_[$M86F MKV"(+GQ>=P)F#9"1^^0]\OV%.\NVJ=4*L9)Z>P'PW4;-G M<`#)G8'508U[QPP5:(2$&7DP5I;:(Z[)4G6BBB%4Z^Q)UP%"-^;K@H9]@754 MB--333,B6P,A[2QYB;.GH?M/<&>I=@F33]Q8)?WJK!8"/;+,/TNZ2<:&J3.?PL.]SBBUQNF-`305`ZTY2T!+> M53&@P%YV25]@A]:\>)79-.D`;"H=K6D(<]1RR#'-(0?*(<<>#CE\O!VS''+` M''(LXA#$IJHXM*.60SNF.;0#Y="./1S:X>.]8Y9#.V`.[5C$(8A-57%H5RV' M=DUS:!?*H5U[.+3+QWO7+(=VP1S:M8A#$)NJXM">6@[MF>;0'I1#>_9P:(^/ M]YY9#NV!.;1G$8<@-E7%H7VU'-HWS:%]*(?V[>'0/A_O?;,#AWR\3XTRZ%#,(<.+>(0Q*9*.)2H MJ#)/(15GDD-$`1"'2$%+.%3%@()WV24S'"J:%W.H:=(!V%05AU3F*:3B#',( MEJ=`"MK#(=Z>>MDE8QP"YBDT33H`FZKBD,H\A52<80[!\A1(07LXQ-M3+[MD MC$/`/(6F20=@4U4<4IFGD(HSS"%8G@(I:`^'>'OJ99>,<0B8I]`TZ0!LJHI# M*O,44G&&.03+4R`%[>$0;T^][)(Q#@'S%)HF'8!-57%(99Y"*LXPAV!Y"J2@ M/1SB[:F773+&(6">0M.D`["I*@ZIS%-(Q1GF$"Q/@12TAT.\/?6R2\8X!,Q3 M:)IT`#95Q2&5>0JI.,,<@N4ID(+V<(BWIUYVR1B'@'D*39,.P*:J.*0R3R$5 M9YA#L#P%4M`>#O'VU,LN&>,0,$^A:=(!V%05AU3F*:3B#',(EJ=`"MK#(=Z> M>MDE8QP"YBDT33H`FRKBD*,V3\$QG:?@0/,4''OR%!S^GKIC-D_!`>^I.V;S%!QPGH)C49X"R*:J.*0V3\$Q MG:?@0/,4''OR%!S^GKIC-D_!`>^I.V;S%!QPGH)C49X"R*:J.*0V3\$QG:?@0/,4''OR%!S^GKIC-D_!`>^I.V;S%!QPGH)C49X"R*:J.*0V M3\$QG:?@0/,4''OR%!S^GKIC-D_!`>^I.V;S%!QPGH)C49X"R*:J.*0V3\$QG:?@0/,4''OR%!S^GKIC-D_! M`>^I.V;S%!QPGH)C49X"R*:* M.+2C-D]AQW2>P@XT3V''GCR%'?Z>^H[9/(4=<)["CD5Y"B";]GZE\S0(8C^( M<:3Z35V*8%-OZK9583!L^?IC6<6R-W79<#6>>F3T6?^;NG1%^&]O"JT_4//W M9NOQ+(@\_U8U5UMB=3ZXR5)"R-&\@FT^PL*HX2'4[FI\@Y.G!Y^=(KL/T/!2 MSW(6`D?8C0+_"I,W=?'D>.9&T8DWG>(0^_%IHN39?(XGGAOCV?-EB,?)W_W; M2QQZP401?7LH8&I*EE=9-"QLH$PV*H2C5#HJQ2/B.*C2`"I;0%D3E$=%#;ET M?]=J.']/N^M?/O13F#N0K<93_NLJ$R5+G>P[)SH-PK3I\R"^2!N?G/F781#= M)UHM(F4#**0MO0^S=M(-,BBF8M`T"',W)V_;YZ*0YZ.E,,//_$HY0,MWH4;3 M]>)K9\V$0YH6I`XW'$#L/RM"]9_NF9`4OK'-%K\`Q(),Y M31?QW$UU%\/OK4.`:XSAS,ZK7U@))F&6)H(Y%X3#@('8;M"B+XE71&`CTVK(T5P])KMY`N>J4$-Q2Y MIBO3D=K6DKJ3YQ@)-;-5Z<)B>_G;&0')V/#[X'$U"VF.8-U18K8J#+YF%81K M.XG#:1#.W43+:_=FAM]AE^2%]20I2ZKF&9>A!H.;E=(H M+8[R\N;\0X!.[AF\;FJ;4#E*T*@(,?;@K"T[7S9%G@0X&N$I2>2\A^X MD[ZID[`VM&X'@50"DY741GEUE-9'J0"+'(J+*\.]V$;1M'$$5@A&10$TH',Q+58'/!!D55%:%^65C2VPX3@R M_(IA"(U+;9A&,/;SL5D3<*06XJF0\^`$3Q;CV`O\TR`\Q3AZ\W2/_0A'U^X3 M[KL$`#6A.Y`-48I!_Q",\PP^N'U\'R=AS M@J!8R&(?@J`4;,CHAMW;0*=DN3+YN$B.[Y'NG M:"!=UX2*!PYV.[KC%6#-P`-(14+%"S,AUHP<0J`9#L@WC[[(12>]8,,'#+>U M!$Y9#./<#<.DC0>LZH8\0`,F%QMM=>"?)$55:[X_F-BQEK'TSAM<0M`U`GYP MM/!8$T"4+`S*^S2S6ZDJOS[ST[_E(5*-M^]I4=%LW&,570(/4&7CY3UMU3(5 M!2IW(`WKZC:=3LZ@[,H0-A7Y656'8(.X9I_]K[^J@U=)V$OY;>J`!DRN/\$W MJW.H8ITW0Y<[W"O6S0Y^$NO/-AYK`HB2]:?BB]>%XHTFS@)O8F_[D&TW@T-1 M9/@3ZXIV$]2&7M/>$93A`R*7#WOT@$/W%E>?5#EV[\GBH2>S.8*U/RO$5(5! MZ/RWYH*-8E2*IW#X7=/XT!!7$1I!VT8>J)7EG^^BB`UFB[E_[L[[YIOQ9>M< M*G,U81$P+6#T"2H(-ASWJ/=0XU)8J`R5BW5[#]G64JM`]E5%,7+%Y[:CGF.Y7+U;!DP] M&#QSTOM9+1IRZVBPW:#2*UVQ;:X6-)8UC#M(ZTI&8EDR]U?$LWU+>+;/X-E^ MZ@KF@GE"/`2^L&\%T_993&N9=Y#V5NN5)%%Y)S+(A7_/Y/*%"#"*FA5!9RBH^TA%C M>PVEP]J.W8'4H1&5#45IS`^5U+BV3*5K4A"6A`YZZ(6!T)QJ.LMJU.Q=I3`]I"XZX*3*.NK&?`LR;X2.W* ML$1?WB6_6!'C,]DVD#W51(;G:45S7]4@U`3.L^R[!;PNE>E,Z282@X9"*857 MQ%XKB"O!6>N&>Z!SV$)1&7;:-T)V,+HJ,EZ[3V_^7G@/[@S[\8J826E#:Z@+ MI%(WTI(S_TL!+7^RP:/8R++=BV$63:$QL$(=F,X%:IU`DHNB7=]Y8?RL-G9& MEZD[8D;5@D'RK&SU4ZR=_:W;6;C(Y,[![J.^^!=3!QI)A88>DI&EHUD-B:IB M6$RQ.M?$+"7`S*,'04S3CQ7\X'97X[J8IP>,B"R[#]#P4FOCND`5$2::1'-4 MY$636MY0CUL8]0!:J(+5,V.$XT:(!-8=C'D5T$HIHPR2"<@C>\91+L)FN0.E MC1W#D="0_5BB/!S#DZPU",-11,PF0;C%E$<(O]Y%G=846!&H(6"?*-8U5.O+ M14RN[MP0WP6S"4X?^D@O/%!UWPA?MB9GX2K!RNA=UDF?=DF^(T@U@QUQW=W/4ZFD9B)5MOX3S0XG:<9K0=QH!J!/6Y M\X#K<69=3HPKU>$$5I%9CA7OHROU+H9070,8O7F&XR2%45K:@AF1#T;C17LU MXTWS[K%57?UG8$1AJ@"XZ,^\+PB!85P>UW](N`R#Z!Z/XT64+NS3.V:/GKS> M3ZFSQ.JZ:I#1/N^3++^[^'=2SN![1`)`"D_@=;#_RQ,?L!LM0JS"$^A"#=RE M76D>,"CDI5ON8'!HH(#2'A>:O>PZ34RP]^=[?.O.WOBQ%S_#/""IE+E`\I>F M#]`$:D&?TC"+_CCT<)OY>K'F&)Z@S.J-Y.G=_+T:'%WX)UX4A][-@BPTHP]X M?M/[:2J1=.VWAO+U8<54B@>+$M<@)TFK%4U&4F#0%?$30-<5N]"1/[ER9WC% MKM1H1>LU?#"=)-P*N?X$I2+,G5GN!JO(S2@FJ;`_[^7[1%+QP^1'R;]NW`BG M??]_4$L#!!0````(`"TP*T+[R%7S'QL``*_M`0`5`!P`;F)A9BTR,#$R,3(Q M.5]P&UL550)``,%\>]0!?'O4'5X"P`!!"4.```$.0$``.U=77/;.)9] MWZK]#QK/RTYUN67*EC]225?95IRXVU^1E:334U-3M`3)3"C2(2G9RJ]?D!(H MBB1`$K@"@0YW'Z;;;1]H<%BWK_/^"Z;]: MNZUS=_IT/[1:ETZ`_^LPL.8(_\R9(P__._[OCT'P]*K=?GY^_G6(?]4?6A[R MW9DW1'[X@];N[F^M\/_^]W]>AXV<>RALXE5K\#AK]="PU3EJ=8Q7!\8KH]OZ M.#AO=?:,SO*/\%_8EO/MP?11ZV5J._Z;G41C+P^>_:OK3=J=O;W]-OG%G>5O MOGH)?[#Q^\_[T6\;)RB_QK_J6WF_B&&-]I_75_?#1S0U=RW'#TQG&#;@ M6Z_\Z(=7[M`,+-+^AOAO^V27]L-?[1K=';WC5]?_-'.;TOF6JW7GFNC M/AJW(M-?!8LG]&;'MZ9/=FA1]+-'#XW?[#@/YG@WY!#__TF(\<^>.YQ-D1.< M.J.W3F`%BTMG['K3R/*=5HC[L7\9=\%Y"%5K$X1V^-_;3(@VT1?$RK[E?^NC M8.8Y][/IU/06'QW;?$`V&MV@V0/R)L@[0[AII[=PS*DU["/37O[^Q+4<6:F'5)P M^Q1.&Y8S>?ORA!Q_V5RGHL6%<*`4KZ#?OICA7PT\T_&?7!]%:NY7M)R-%9F] M%:MOW#X:H>E3^!%NMGH@U`,6;OLW\0_=\H>VZ\\\M/[P>B@P+;MG!N9;&X7? MI%_VT^N6_=B!6ZU,Q,JX:.[WT?#7B3MO>UYD)?[?B*+=/6,U[_\SS\AL3]-@ M44]S_S0V]PDOSKBGTJM48#E>O_]Z''M[^\ M_C6:XN6A:('+_Z-:F&-\:R%UE.YEOF\.TLY#C],X.3RN0EKFC^H?;OF?54Q> MMIOI$2=`W0$/=0?:47>0HJX#0%V7A[JN=M1U4]3MY6)W>(0];T`N-V$W'"]5>4TQL?E]5^9WN8;UT<0* M6W6"&W,*0&\N:FWN8S&W^2RDOW^.X;L$/L>V>:9]BXJ_B%'X55S8YD28``OQV/4;3;`\OO)JS2\P"%B17'1YSSP,`S1Y8SN5],'UQ;G-=- M.)7G@53'5S0><\T#&]YRN0%:,N%!AJ6").9T>D7B29+$U^UTDG?+R5^(#33> M/$.F[?RT,27TH_\U7XZXR5ZKF@6NZ@?WW*EI.5#N[PJMZG)1:X*WM(EKA+*D M,4W+P/V,B=MR/SYO2\J"@6B^?4PQKP/8IR"F!1%L%3-/&7W_?-_?JJ9-X^?%UF MMV"XS,#5YM*583/;><$3(TG,.\\*O?8!>@G.\&]_@V(V@ZMJUH]-1GJ[GY_H M>S1TG=$VJ,Y!5G=J8/*QN4-8E>K5"6&8*2(%IFRR-=WIS0W`ZN-UA7=C>N'Y M]CF"&JUT7(4G!@89Z1U"OHS4^O;#N?FTO.LBGI?*@JH['=!8V-PC%.0V\O>@ M!C(;6]EYHH"2S?U"CF4N?1\&9CQ3897EF4Z$Z%XBX_(1Z``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``_E'E8]9YP:2L5A0V2&U[P0U"Z1M,F^6L!I[I M^-%V:+B[M+]3UTK-GE*SI]3L*35[2C_%GA(M-DIN*(G%6ZM*[:X]FSHWYE0TO"D`KV_M9$>9 MK/%2/?G'UX5?8U5&4??DT14:4+KTI7 M0U6Z_!L^6U#%V`-7Q:@MG.17):2!=]\G5Y6:,]0;#XYL9*L/=CC]\B9?W>2K MFWQUDZ]N\M5-OKK)5S?YZB9?W>2KZ^:\R5HF7RT_7YWSRNAV`Z\UJJ! MI?`ZZP:7$I=:CZ]9_E#V_5G'EJG@WHH,"V[9P;F6SNZ<>#?H!GV M@2?(.T-AF>W>PC&GUK"/R)L*X8V?,-O>_7MDV^D%QP7>^$L!-E6LFSQ[DV=O M\NQ-GKW)L__T>7:]5&14`'K M-2#,6Y!9O-H2"J5>44_U7;R:=.72,P]?L=K6'.@MS@Q>%08&4$^YT7'K<[K*ZY$EHY;"/[$]]VCH.J-MR).#K.Z,Q>1#O*8/9ZX: M9N9*@=7E>!1JD.XT1.T>3N+!G[NEXRH\:3'(J%R:!V+22CV/`//X,P54W:F* MQH)X.1Y1/:".C=!Q%?Y8&&2LE#F2^K&L7@DYGTUG=O3UIM\)@7\XIV1;"HM8 MD;25L,=J"0OW3$Y!&^K.D24Y6NEW(F_*;)ZU`I27\T4K0^1)*\S(ZW_L[K;^ M_?GZT_Y__OWG\&GV\L7IGHQ^',TG7Q;.Q][L^=V1=W+T1^?KQ\'"MX_FPQ][ M]N_!+W]^>A?\.1Y.VHO]U?/=8\]__N-Z=/'RKGT_F+Z;?S@Z<+V]NX'ST+E]__[S[;MWIO'.&;V? MS,XNVFCTX^S'A^L?1T<'O^S]-7CNGG_X,E\,CK__\OL?7ZX^O/]R_.P:YO/I M]61^TYU\>G_Q#IU^^V72-S_-[P^^G,X/AFWT^_?GLX_?OWNC3F_QR9J?_?'E MT[#W#7W]/#V^_O/'^.O'N^'TY(OQ5W_RYLU_6N?W_=U=SN+;S/>KX$=^J98T M&._E&".C7.CI+V!-__8OMXE*N/EH&W\N2'P]NG7ZR'+FR`_0J&?-K1%R1F&Q MXV25<1]85/[FE4UFB!-+!H-0*>GJVQ;QN3\HK`NRBNQIA0\D=>1&Z@W[^25EJ[R`WD=_H!>1,9; M[]Z:6K;IW;C.5H4L:$C=Z;$*6T1+D1Q!537/W>F3Z^`.&MMY^+`87^4D3@EV MB&@BCTKQJ];9LFI4?"U4H[-#5!,ZX<*MVOZ65:/B:Z$:G1VBFM#QE6[Y[_H$;-FCRKDZ2#T(\3.__5JH M4H5'7_?EWH?Y.1Y\+12(_=+KOL0;,,5#I6<&Z'8\0-[4/O&5J:"%,O598T$$$D'HI8K9T7KALX;H!\X-N#.;@*9]T9 M9!!I^#,/O/$1.7^[/)()+1`=7MV@MI@9HI;,HQ/$JGYXQNEVG#CM!*X9LPFE M)[YR))%KU!)+;ZP,._.0^>W)M9P@+,09'L4!RDKD`>N@5"XA1!^!-(6P/M>6 M$QZ8NHR.IX.9HF;@\ M=Z=3R_?#RP8PLK*;T.&S+"")Z">__H??1RO&SMS@\=KT`QRY1[GGD?!1PE)- MZ*!>`4E$/8D)#6(8_E_;7"96;LK?A*` M@TNBON5W\<4HM'`[:.QC8;!.5XM$%2\0H=77T@Z,T2O.K(Y-VYP[N(& M[95I(6N]&1JXZ=D&2,#R[2F[)\1!':G-)O>*S>8#,J"5"U.82KM`%!J()O*3 M/"M+EN_4;4.6363EI\9\/H@^,J_6I)Y(";6%!TH3CY)J(4KJ%=*N MS-(9&3M@7QU-O#2JCQ3KIT6[_#D-`"E@GQ)-/!^JCQ3K]T*[TH^+).P`?A\T M\2:H-E(D'@'M\F.R%@% MZ\7GP&NKU]JY/ZPO.Y&Q"M;5SX'75J]U!'`HLY8'VRK@>"`'7E>]$F'"H4@9 M#S&]MG4'@PZOBUZ,"QF'(@9A&4UB*3,<)]_*R'\0$\%P'`UCI_746(>2=+8DW78@Y\1W$<]<9XNYY M$#?2"\`U^')HM!"EY+U&&YH,]Q"S%D=1-KI,&!?(*/!0#CYO44#5=;YH+!!! M9*8,0EO`'6,*J-J*,)S@(ZFO>6!;@%W?7$B%UXI\"H@8\@XEA'9)$G(??5V.C.#2\6>XO1YZPO,E_L4% M_D%@!3.(Y[E*M*#X*E)($-%.7OP>+6X@F]E)).7#CO3&]+'$D#QJ'VKG.06F M]%25LX%\+/=`0&@%`.%JT[PF5VZ)RC/3"VOS!*?.Z`YY8]>;FLX0#V/?.C9*;_ MR?0L\\&RK6!Q.U[V3S1"X6M3Y7"2DT4BN=22#@E;;YWHA.NM=X5\0%$W877X M'E-$$%V$T@$BPIR.1E;(DFDO8[!+9X1>X`3*AU%X\D`G/T8;>GQ@#(Z(?C*+ M*"1,NS/]H.=&10'P9V_A/T`7,]PKP*^-WH32R8=R)*WD.Y&8E2`!"FRHIL$A MFDS'"?GR]OZ)">#Q%P-8Z:^$10B11^)!`6+.ZFM=5:RY-VWD7[GF2'1-*H17 M=SDJ9H;()?,8P:GCS$Q[:3A,Y28L-4Z!RWA10=;\2&@M$ M$YFW!I*V7&(O)!H>/?%W&>BX"J_]##*(-O(J'22-,4Y.1.]O9."47O&SG2<" M2'P>(V6$Z(W"#)Q."JPO#9X()`$$%>C`*M#12H'.6@&!,%Y0`=%;FADXG118 M7\0T]F0^EIDRXP!6@P.M-#A(:"!R6$!0`]';KQDXG33H)C20>>,_9<8AK`:' M6FEPF-"@KE@:FW$$J\&15AH<)320>0@_9<8QK`;'6FEPG-"@KK@9FW$"J\&) M5AJ<)#20>8,^:08&A(R0(SAM-%AV/M9`YEYZR@S(&#F"TTD#(Z&!S.<%4F9` M1LD1G$X:=!(:R-SM3ID!&2='<#IID(B3C;KB9`P(&2='<#IID(B3C;KB9`P( M&2='<#IID(B3C;KB9`P(&2='<#IID(B3C;KB9`P(&2='<#IID(B3C;KB9`P( M&2='<#IID(B3C;KB9`P(&2='<#IID(B3C?KB9.%*@!DXC31(%/LSC/KB9`,V M3C:TBI.-1)QLU!^.-F`C9,-K>)D(Q$G=^J+DPW8.-G0*DXV$G%RI[XXV8"-DPVM MXF0C$2=WZHN3#=@XV=`J3C82<7*GOCC9@(V3#:WB9",1)W?JBY,[L'%R1ZLX MN9.(DSLRXV1R@PB\["<#6&E=6(3$"LF,HHE!P&5`J;#*WJNB$Q'K(J]P&S&F MCTS?=>Y1>.\.C6B(PCNN=\BS7-%* MB0`&:/$=BA!,QL6^S&A_;7C8.__"]2*C;]S@-C)[=.G<>:[_A/LC7,*T6EL* MWP2K2%HLK$`*H:JN8=V;@1O>3EL:&34GJ%\^IM+?)86&6!&9"04R:M(V`=RG M9$*K7%B&S4DLD]PB=S2CMB22^CY,EHA8&?Y,1%55WEN31^0''V;8(.39"[AY MC86L[CUQ)A^Q/E)KT,7547)-`YSG&`TH_S&QR(EEDW>1G&W65O72P<6CT1(K M)?'&^97[O)T)D`&LM'?'(B06J([L1ZYA@/,?'5\'9X_!3JR:R*D#8-VVJ9GZ MRQ6%$B+4`7^R0J!D(&"=<$9Q<&4_I**BX,:!W$KY:7O"`E_0=<_*M:&NNUZ2 MHUA!H7+\H@(FBO#B2<"9(-'\;XD&E)T)RY`3R\:?J:BJ663`C=M#H]DP9.K" M]2X0\ES',5Z6'U$=NSBC8N$+;'M/OB#F/) M1G1:[&@\Q2(*I3R$98P*6]IH;CK!P,7CJ[>R!%A(:C,*Q]3EJ8JU%#C@(2KD MK8.B79W;\>D8N[[8OOM']UDT&BC;BC:K(96F6$/^#(FHA'B:MTUGR=S*N&CF M\(!%I+>C].)8@:Y83)G9E,Q\L<47AV@-:/,=,JI?&P?R3IJDS8H/)BU/1N2_ MJ$,VT.6<19%BHD;+\'8D(F.O*_%9`FK/MC5AY!\7U$SVG`FC*^\Y@[19P`<' M"^'UR1C13Q)VI2:+3NQ"(DEDGIM)L<@L'KZ3&QE9[\" M2F*9Y)UGR;$(8B^7"JN3-*D]W"Y_2@=`E?#TDWCI.BJNPIXB@XQ8FLH9&AQ8 M^BASN$I8(.$[LE1<#05*W)GM5DZ_;$<@\<(B5%S]!$H6&NE63JG`"W1O1='> MZDT3>*%2^"IO-Y1@)U:NP01.1>A*1T^%U,2RR:S`0;4**HXJT8"R'GL9<=6:!9M21_]I$FH(B\9D6/,P'QY^WUFS4T; M=W)+$N6TH:Z#49*C6#VI5V\&CY87+&#=BGQ,I9T)"@VQ)C(+AJ1L@7(@F0,UH?'MV@)"U-U/"ZPST4 MF);=,P-SAR_51.>.5XB+:P"DO%)@RDX>Z4Z3P4DLI@RQU^T0Y,'T M4?2O_P]02P,$%`````@`+3`K0ISYT+*K!0``.AL``!$`'`!N8F%F+3(P,3(Q M,C$Y+GAS9%54"0`#!?'O4`7Q[U!U>`L``00E#@``!#D!``#M6%MOXC@4?E]I M_X,W3[NJ4A,NI:""1*%`;W0*],*,1B.3&'";.*GM<.EH_OO:N0`!2IFJ.QII MVSZ4VN><[SO^CHU]CO[2==#`%#,DL`7Z,T"J?POG'Z"#JNMX'9.`4RKDK"G( M&,LQ.L9,_B_G1T)X10@GD\F^*4VY21CFKL],S-4`T/4R4#]__G&D0*H,*X@B MZ(Y\4,,F2.=!VBAFC:*1`S?=*DBGC'3H)#VFO,C-$780F#HVY<5IG]FDI"UA MJI%]EPUA.I7*0$*Y0-3$&A"(#;%H(0=S#YEX[D/[BA54*/*WH,6!>2+J)!/' M-.#]Y44GX!#;,C:W#=`Y-O>'[A@R%H354X:>,6)CZE+J.YLI6X)!,?,PE$:Z MM,*,F+&?SW4UQ9-0/H?QA")72&)-;4(?-^5A%`H%&,S&IFN6R754TWW$\3R+ M/AJ\O(38Q@ZFHNXRIX8'R+=%27ORD4T&!%O:DG262*83X>5@.*F5@SH!0.F. M*'4%$L2E\6@T[GF$#MQR/"9'%=MB3+F-!R!(M:B6J:1QXGBV2B08&S$L$U'I MZ#'_;S;J[TN.L0EB)G-MO'T=H<=<3VX!(H586JP@P)IWF,0DE&Q(Z^U);3D[Y%_=1+:^.$=^ M><(2WO3MS4*N2JD#)'*,07R.K2M:#CZO MUGD4(C+9[ILLI57/5X!79%GQGLL"$[JL;[ZW*=8F_+&-A<]HQW<8;8SLT+[N4RNME$D*_!X!-ZSV9KY^N3<]?]JCN8+U MG!\/>S-Z4_,GC3PKY,_3#S?=&;?S8_,Y99^)O?O;AK@?F$-XT$>?1FV4[3VT M3R?71GIL-W+78V_\>=`]@]6'>J9-FA>33Z,:GYQ?6O5I`W:Z3F-\G<^Z+/6I M2_OIJV;S[JK10$:#6LVA?UR'V'H^?KZ^?,[GLWNIS]U)KGK=&\^ZAT][9^>] MB^MF[W#B&FA2N1R.6[GA;;/>P)7'O6$;W8X[V5YEG#4A/GN:'-\\/3$K7RL)-VV7^PPO[H$U+!"Q:TB@D["; MP'>]">:BJ^4[!]VM0'+JACE'7KECAO!`X8/O,8./:^;&2CJ"B=Y.V`:":WV@ M>7M(OJM=)@!=:_!M:PJ&O<0+UPSB;7%1_^FQGZZ&=/D@5Z]Q;@5/X3?06#S& M?XY&[/WM6^ESH3KK&@A[1D&3NRC'Y*7O5&!' M;10-H,BJI`GFJXY.8"4OA\2UNH&?Y;.HET*)+1^UJM<3VG)?.A/AJ]D&I)9`Q0````(`"TP*T+S3=/^_TH``.RA`0`1`!@```````$```"D@0`` M``!N8F%F+3(P,3(Q,C$Y+GAM;%54!0`#!?'O4'5X"P`!!"4.```$.0$``%!+ M`0(>`Q0````(`"TP*T(3VHTFCAD``.&[`0`5`!@```````$```"D@4I+``!N M8F%F+3(P,3(Q,C$Y7V1E9BYX;6Q55`4``P7Q[U!U>`L``00E#@``!#D!``!0 M2P$"'@,4````"``M,"M"S(6#`$DI```]O`(`%0`8```````!````I($G90`` M;F)A9BTR,#$R,3(Q.5]L86(N>&UL550%``,%\>]0=7@+``$$)0X```0Y`0`` M4$L!`AX#%`````@`+3`K0OO(5?,?&P``K^T!`!4`&````````0```*2!OXX` M`&YB868M,C`Q,C$R,3E?<')E+GAM;%54!0`#!?'O4'5X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`"TP*T*<^="RJP4``#H;```1`!@```````$```"D@2VJ M``!N8F%F+3(P,3(Q,C$Y+GAS9%54!0`#!?'O4'5X"P`!!"4.```$.0$``%!+ 4!08`````!0`%`+\!```CL``````` ` end XML 11 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Neuberger Berman Dynamic Real Return Fund
Neuberger Berman Dynamic Real Return Fund
GOAL
The Fund seeks to provide long-term attractive risk-adjusted real returns in stable to rising inflationary environments, with a secondary objective to preserve investor capital.
FEES AND EXPENSES
These tables describe the fees and expenses that you may pay if you buy, hold or sell shares of the Fund. You may qualify for initial sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Neuberger Berman funds. More information about these and other discounts is available from your investment provider and in “Sales Charge Reductions and Waivers” on page 38 in the Fund’s prospectus and in “Additional Purchase Information – Sales Charge Reductions and Waivers” on page 107 in the Fund’s SAI.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees Neuberger Berman Dynamic Real Return Fund
Class A
Class C
Institutional Class
Maximum initial sales charge on purchases (as a % of offering price) 5.75% none none
Maximum contingent deferred sales charge (as a % of the lower of original purchase price or current market value) [1] none 1.00% none
[1] For Class A shares, a CDSC of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. For Class C shares, the CDSC is eliminated one year after purchase.
Annual Fund Operating Expenses (expenses that you pay each year as a % of the value of your investment)
Annual Fund Operating Expenses Neuberger Berman Dynamic Real Return Fund
Class A
Class C
Institutional Class
Management fees 0.91% 0.91% 0.80%
Distribution (12b-1) fees 0.25% 1.00% none
Other expenses [1] 0.55% 0.55% 0.55%
Acquired fund fees and expenses 0.34% 0.34% 0.34%
Total annual operating expenses 2.05% 2.80% 1.69%
Fee waiver and/or expense reimbursement [2] 0.68% 0.68% 0.68%
Total annual operating expenses after fee waiver and/or expense reimbursement 1.37% 2.12% 1.01%
[1] "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary.
[2] Neuberger Berman Management LLC (NBM) has contractually undertaken to forgo current payment of fees and/or reimburse certain expenses of Class A, Class C and Institutional Class so that the total annual operating expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, dividend and interest expenses on short sales, and extraordinary expenses, if any) of each class are limited to 1.26%, 2.01% and 0.90% of average net assets, respectively. Each of these undertakings lasts until 10/31/2015. These undertakings may not be terminated during their term without the consent of the Board. The Fund has agreed that each of Class A, Class C and Institutional Class will repay NBM for fees and expenses forgone or reimbursed for the class provided that repayment does not cause annual operating expenses to exceed 1.26%, 2.01% and 0.90% of the class' average net assets, respectively. Any such repayment must be made within three years after the year in which NBM incurred the expense. In addition, for any assets that the Fund invests in an affiliated Underlying Fund (as defined below), NBM has undertaken to waive a portion of the Fund's advisory fee equal to the advisory fee it receives from such affiliated Underlying Fund on those assets. This undertaking lasts until 2/28/2014. This undertaking may not be terminated during its term without the consent of the Board.
Expense Example
The expense example can help you compare costs among mutual funds. The example assumes that you invested $10,000 for the periods shown, that the Fund earned a hypothetical 5% total return each year, and that the Fund’s expenses were those in the table. For Class A and Institutional Class shares, your costs would be the same whether you sold your shares or continued to hold them at the end of each period. Actual performance and expenses may be higher or lower.
Expense Example Neuberger Berman Dynamic Real Return Fund (USD $)
1 Year
3 Years
Class A
706 984
Class C
315 664
Institutional Class
103 322
Expense Example No Redemption Neuberger Berman Dynamic Real Return Fund (USD $)
1 Year
3 Years
Class A
706 984
Class C
215 664
Institutional Class
103 322
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the Fund’s performance.
PRINCIPAL INVESTMENT STRATEGIES
To pursue its goal, the Fund currently intends to allocate its assets primarily among the following general asset classes:

 
inflation-linked debt securities issued by domestic and foreign governments or corporate entities;
 
debt securities rated below investment grade (commonly called “junk bonds”), including fixed rate and floating rate senior secured loans, second lien loans and unsecured loans;
 
master limited partnerships (“MLPs”);
 
real estate investment trusts (“REITs”);
 
commodities; and
 
equity securities

Under normal circumstances, the Fund invests mainly in investments that fall into these asset categories, which may include investments in funds in the Neuberger Berman fund family and unaffiliated investment companies, including exchanged-traded funds (“ETFs”, and collectively, “Underlying Funds”), investing in these asset categories. The Fund’s investments may include equity and debt securities issued by domestic and foreign governments and corporate entities, including those in emerging markets. The Fund may also invest in investment grade debt securities, debt securities issued by the U.S. government, including separately traded principal and interest components of securities issued or guaranteed by the U.S. Treasury under the Separate Trading of Registered Interest and Principal of Securities (“STRIPS”) program, and distressed securities. The Fund may invest in debt securities of any maturity and does not have a target average duration.

The Fund also may use derivatives, without limitation, and primarily may use four types of derivatives: (i) futures contracts based on debt securities and currencies; (ii) swaps, such as total return, inflation and interest rate swaps; (iii) call and put options on securities and indices including writing (selling) calls against positions in the portfolio (“covered calls”) or writing (selling) puts on securities and indices; and (iv) forward foreign currency contracts. Any of these derivatives may be used in an effort to: adjust the Fund’s sensitivity to inflation; enhance returns; manage or adjust the risk profile of the Fund or the risk of individual positions; or replace more traditional direct investments.

While the Portfolio Managers invest for the long term, they will also seek to take advantage of shorter term opportunities, subject to the investment adviser’s risk management framework.

The Portfolio Managers utilize a three step approach in allocating assets and selecting investments for the Fund.

Asset Class Inclusion

The Portfolio Managers begin by identifying and evaluating asset class correlation with inflation. While high correlation with inflation is desirable, correlations between asset classes, and portfolio level risk and return analysis, are also factors in asset class selection.

Strategic Asset Allocation

Strategic asset allocation seeks to allocate assets so that the predicted contribution from each asset class to the Fund’s overall sensitivity to changes in expected inflation is approximately the same. For example, if the Portfolio Managers believed that MLPs were twice as sensitive to changes in expected inflation as inflation-linked debt securities, the allocation to MLPs would be approximately half of the allocation to inflation-linked debt securities. The Portfolio Managers will oversee, review and adjust this framework periodically.

The Portfolio Managers anticipate rebalancing across asset classes periodically. The Fund is not required to allocate its investments among asset classes in any fixed proportion or to invest in an asset class, nor is it limited by the issuer’s geographic location, size or market capitalization. The Fund may have none, some or all of its assets invested in each asset class in relative proportions that change over time based upon the Portfolio Managers’ evaluation of market and economic conditions. The Portfolio Managers may emphasize various sectors of the market at any given time, including, but not limited to, the energy sector and materials sector.

Tactical Asset Allocation

The Portfolio Managers will also employ a tactical overlay intended to adjust the Fund’s sensitivity to expected inflation based on shorter term market views. The tactical overlay uses a variety of proprietary analyses designed to forecast movements in the expected U.S. inflation rate. Based on the output provided by the analyses, the Portfolio Managers will attempt to adjust the Fund’s sensitivity to inflation by either using derivatives or investing in debt securities issued by the U.S. government. For example, if the Portfolio Managers wanted to decrease the sensitivity of the Fund to inflation, it could purchase STRIPs.

* * * * *

To the extent the Portfolio Managers invest in securities and other instruments directly to gain exposure to an asset class, the strategy for each asset class is shown below. When this occurs, the Portfolio Managers may choose to use one or more other portfolio managers employed by the investment adviser to make investment decisions within an asset class; however, the Portfolio Managers also may choose to manage investments directly for an asset class.

Asset Class
Strategy
   
Inflation-Linked Debt Securities
The Portfolio Managers utilize a research and valuation framework based on a comparison of market expectations to their outlook for real interest rates and rates of inflation.
Below Investment Grade Debt Securities
The Portfolio Managers seek to manage risk through credit analysis, credit diversity and an emphasis primarily on intermediate-term maturities while opportunistically rotating credit quality and sector exposures depending on market conditions.
Floating Rate Loans
The Portfolio Managers utilize analysis of companies and economic and market conditions, while seeking to manage risk through an in-depth credit research process.
MLPs
The Portfolio Managers seek to invest in MLPs that they believe have the ability to create long term value and with a history of increasing income distributions.
REITs
The Portfolio Managers use fundamental analysis as well as economic and market conditions to select REITS and may at times emphasize certain sub-sectors of the real estate business—for example, apartments, retail, hotels, offices, industrial, and health care.
Commodities
The Portfolio Managers use various quantitative models employing strategies designed to capture investment opportunities and determine portfolio weighting in different commodity sectors and markets while seeking to manage risk.
Emerging Market Equity Securities
The Portfolio Managers utilize a bottom-up, research-driven securities selection approach focusing on businesses with a recent history of high returns while factoring economic, legislative and business developments to identify countries and sectors for investment.
Equity Securities
The Portfolio Managers utilize an integrated fundamental and systematic approach with an emphasis on risk management.

Currently, the Portfolio Managers intend to obtain any exposure they believe is appropriate to below investment grade debt securities, floating rate loans, commodities and emerging market equity securities by investing in Underlying Funds with strategies similar to those described in the table above; however, the Portfolio Managers may also choose to invest directly in any of these asset classes at any time rather than investing in an Underlying Fund, except with respect to commodities. For commodities, if the Portfolio Managers want to have exposure to commodities but choose not to invest in an Underlying Fund, they would invest, directly or indirectly, in commodity-linked derivative instruments, which may include futures contracts on individual commodities.

Although the Fund may make investments in commodity-linked derivative instruments directly, the Fund would gain exposure to these investments primarily by investing in a wholly-owned subsidiary of the Fund formed in the Cayman Islands.

The subsidiary would be managed by Neuberger Berman Management LLC and would be able to invest without limitation in commodity-linked derivative instruments. The Fund would not invest more than 25% of the value of its total assets in the subsidiary at the end of any quarter of its taxable year.

In an effort to achieve its goal, the Fund may engage in active and frequent trading.

The Fund may change its goal without shareholder approval, although it does not currently intend to do so.
PRINCIPAL INVESTMENT RISKS
Most of the Fund’s performance depends on the Portfolio Managers’ success in evaluating the factors that determine the rates and sources of inflation as well as what happens in the equity, fixed income, real estate and commodities markets. The Fund’s use of derivative instruments will result in leverage, which can amplify or alter the risks that are associated with these markets. The markets’ behavior is unpredictable, particularly in the short term. There can be no guarantee that the Fund will achieve its goal.

The actual risk exposure taken by the Fund in its investment program will vary over time, depending on various factors including, but not limited to, the Portfolio Managers’ allocation decisions among asset classes and their correlation with inflation, as well as the accuracy of the investment model used. There can be no guarantee that the Portfolio Managers will be successful in their attempts to manage the risk exposure of the Fund.

The Fund is intended primarily to provide long-term attractive risk-adjusted real returns in stable to rising inflationary environments; however, there is no assurance that it will do so. The Fund will not necessarily protect against a loss, and may underperform against the broader equity markets.

Inflationary periods may differ from one another in their effect on the various asset classes the Fund invests in, depending on, among other reasons, the root causes of the inflation, whether it is accompanied by other macroeconomic phenomena, and the nature and extent of any governmental programs to curtail the inflation. If the Portfolio Managers are incorrect in their efforts to forecast or evaluate these factors or optimally allocate assets, Fund performance could be affected negatively.

The Fund is a mutual fund, not a bank deposit, and is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. The value of your investment may fall, sometimes sharply, and you could lose money by investing in the Fund.

The following factors can significantly affect the Fund’s performance, which, unless otherwise noted, include those that may directly or indirectly affect the Fund through its investments in Underlying Funds:

Market Volatility. Markets are volatile and values of individual securities and other investments can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value. To the extent that the Fund sells a portfolio position before it reaches its market peak, it may miss out on opportunities for higher performance.

Issuer-Specific Risk. The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.

Inflation/Deflation Risk. Although the Fund is intended to provide a measure of protection against inflation, it is possible that it will not do so to the extent intended. The Fund’s investments may be adversely affected to a greater extent than other investments during deflationary periods.

Market Capitalization Risk. To the extent the Fund emphasizes small-, mid-, or large-cap stocks, it takes on the associated risks. Compared to small- and mid-cap companies, large-cap companies may be less responsive to changes and opportunities. At times, the stocks of larger companies may lag other types of stocks in performance. The stocks of small- and mid-cap companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of stocks by the underperformance of a sector or during market downturns. Compared to large-cap companies, small- and mid-cap companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.

Sector Risk. To the extent the Fund invests more heavily in particular sectors, its performance will be especially sensitive to developments that significantly affect those sectors. Individual sectors may move up and down more than the broader market. The instruments or industries that constitute a sector may all react in the same way to economic, political or regulatory events. Alternatively, the lack of exposure to one or more sectors may adversely affect performance. Because the Fund is focused on inflation and not broad market performance, it may hold a limited number of securities and may at times be substantially over- and under-weighted in certain economic sectors. As such, the Fund’s performance is likely to be disproportionately affected by the factors influencing those sectors.

If the Fund emphasizes the real estate sector, energy sector, materials sector, or a combination of those sectors, your investment in the Fund will be linked to the performance of one or multiple sectors and the value of the Fund’s shares may change at different rates compared to the value of shares of a fund with investments in a mix of different sectors or industries.

Risks of Investing in Underlying Funds. The Fund may invest in Underlying Funds, including funds in the Neuberger Berman fund family. The investment performance of the Fund is directly related to the investment performance of the Underlying Funds in which it invests and the allocations among those Underlying Funds. The Fund is exposed to the same principal risks as the Underlying Funds as well as to the Underlying Funds’ expenses in direct proportion to the allocation of its assets to the Underlying Funds, which could result in the duplication of certain fees, including the management and administration fees. Neuberger Berman Management LLC is the investment manager for both the Fund and the funds in the Neuberger Berman fund family and may be deemed to have a conflict of interest in determining the allocation of the Fund to the funds in the Neuberger Berman fund family.


The Fund may invest in an Underlying Fund that invests in a wholly owned subsidiary (“Subsidiary”) and is subject to the following additional risks, in addition to other risks, such as Commodity Risk.  The following risks would also apply to the Fund if it invests in its own wholly owned subsidiary.

Tax Risk. To qualify as a regulated investment company (“RIC”), the Underlying Fund must derive at least 90% of its gross income for each taxable year from sources treated as “qualifying income” under the Internal Revenue Code of 1986, as amended. Although qualifying income does not include income derived directly from commodities, including certain commodity-linked derivative instruments, the Internal Revenue Service (“Service”) has issued a large number of private letter rulings (which the Underlying Fund may not cite as precedent) in recent years that income a RIC derives from a wholly owned foreign subsidiary (such as the Subsidiary) that earns income derived from commodities is qualifying income. The Service suspended the issuance of those rulings in July 2011. The Underlying Fund nevertheless has received an opinion of counsel, which is not binding on the Service or the courts, that income the Underlying Fund derives from the Subsidiary should constitute qualifying income.

The tax treatment of income from commodity-related investments and the Underlying Fund’s income from the Subsidiary may be adversely affected by future legislation, Treasury Regulations, and/or guidance issued by the Service that could affect the character, timing, and/or amount of the Underlying Fund’s taxable income or capital gains and distributions it makes. If the Service were to change its ruling position, such that the Underlying Fund’s income from the Subsidiary was not qualifying income, the Underlying Fund could be unable to qualify as a RIC for one or more years. If the Underlying Fund failed to so qualify for any taxable year but was eligible to and did cure the failure, it would incur potentially significant additional federal income tax expense. If, on the other hand, the Underlying Fund failed to so qualify for any taxable year, and was ineligible to or otherwise did not cure the failure, it would be subject to federal income tax on its taxable income at corporate rates, with the consequence that its income available for distribution to shareholders would be reduced and all such distributions from earnings and profits would be taxable to them as dividend income. In that event, the Underlying Fund’s Board of Trustees may authorize a significant change in investment strategy or the Underlying Fund’s liquidation.

Subsidiary Risk. By investing in the Subsidiary, the Underlying Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The commodity-linked derivative instruments and other investments held by the Subsidiary are similar to those that are permitted to be held by the Underlying Fund, and thus, are subject to the same risks whether or not they are held by the Underlying Fund or the Subsidiary. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and, unless otherwise noted in this prospectus, is not subject to all the investor protections of the 1940 Act, including, for example, those related to transactions with affiliates. However, the Underlying Fund wholly owns and controls the Subsidiary, and the Underlying Fund and Subsidiary are both managed by Neuberger Berman Management LLC and subadvised by Neuberger Berman Fixed Income LLC, making it unlikely that the Subsidiary will take action contrary to the interests of the Underlying Fund and its shareholders. In addition, in adhering to the Underlying Fund’s investment restrictions and limitations, Neuberger Berman Management LLC will treat the assets of the Subsidiary in the same manner as assets that are held directly by the Underlying Fund. Changes in the laws of the United States and/or the Cayman Islands, under which the Underlying Fund and the Subsidiary, respectively, are organized, could result in the inability of the Underlying Fund and/or the Subsidiary to operate as described in this prospectus and the Statement of Additional Information and could adversely affect the Underlying Fund and its shareholders.

Regulatory Risk. Governments, agencies, or other regulatory bodies may adopt or change laws or regulations that could adversely affect the issuer, the market value of the security, or the Underlying Fund’s performance. Under recent Commodity Futures Trading Commission (“CFTC”) rule amendments, the Underlying Fund will need to comply with certain disclosure and operational regulations governing commodity pools, which will increase the Underlying Fund’s regulatory compliance costs. To the extent additional regulations are adopted, the Underlying Fund may be compelled to consider significant changes, which could include substantially altering its principal investment strategies or, if deemed necessary, liquidating the Underlying Fund.

In addition, if the Underlying Fund did not qualify for treatment as a RIC, that could cause the Fund to be unable to qualify as a RIC, which would adversely affect the Fund’s shareholders.

Commodity Risk. The Fund’s investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the Fund to greater volatility than investments in traditional securities. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities in commodities. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. To the extent the Fund or an Underlying Fund focuses its investments in a particular commodity in the commodities market, it will be more susceptible to risks associated with the particular commodity. No active trading market may exist for certain commodities investments. Because the Fund’s performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of significant fluctuations in the value of the Fund’s shares.

Value Stock Risk. Value stocks may remain undervalued during a given period or may not ever realize their full value. This may happen, among other reasons, because of a failure to anticipate which stocks or industries would benefit from changing market or economic conditions.

Growth Stock Risk. Because the prices of most growth stocks are based on future expectations, these stocks tend to be more sensitive than value stocks to bad economic news and negative earnings surprises. Bad economic news or changing investor perceptions can negatively affect growth stocks across several industries and sectors simultaneously.

Distressed Securities Risk. In certain periods, there may be little or no liquidity in the markets for distressed securities or other instruments. The prices of such securities may be subject to periods of abrupt and erratic market movements and above-average price volatility and it may be more difficult to value such securities. The Fund may lose a substantial portion or all of its investment in distressed securities or it may be required to accept cash or securities with a value less than the Fund’s original investment.

Restricted Securities Risk. Restricted securities are subject to legal restrictions on their sale. Difficulty in selling securities may result in a loss or be costly to the Fund.

Dividend Risk. There is no guarantee that the companies in which the Fund invests will declare dividends in the future or that dividends, if declared, will remain at current levels or increase over time.

Interest Rate Risk. The Fund’s total return and share price will fluctuate in response to changes in interest rates. In general, the value of investments with interest rate risk, such as fixed income securities, will move inversely to movements in interest rates. Generally, the longer the maturity or duration of a fixed income security, the greater the effect a change in interest rates could have on the security’s price. Thus, the Fund’s sensitivity to interest rate risk will increase with any increase in the Fund’s overall duration. An increase in interest rates can also impact other markets. For example, because many investors buy stocks and derivatives with borrowed money, an increase in interest rates may cause a decline in those markets. A rate increase can also have a positive impact on other markets if, for example, it is taken by investors as a sign that the economy is improving. Interest rates have been unusually low in recent years. Floating rate securities (including loans) can be less sensitive to interest rate changes.

Prepayment and Extension Risk. The Fund’s performance could be affected if unexpected interest rate trends cause the Fund’s mortgage- or asset-backed securities to be paid off earlier or later than expected, shortening or lengthening their duration. An increase in market interest rates would likely extend the effective duration of mortgage-backed securities, thereby magnifying the effect of the rate increase on the securities’ price. Floating rate securities can be less sensitive to prepayment risk.

Call Risk. When interest rates are low, issuers will often repay the obligation underlying a “callable security” early, in which case the Fund may have to reinvest the proceeds in an investment offering a lower yield and may not benefit from any increase in value that might otherwise result from declining interest rates.

Credit Risk. A downgrade or default affecting any of the Fund’s securities could affect the Fund’s performance.

U.S. Government Securities Risk. Although the Fund may hold securities that carry U.S. government guarantees, these guarantees do not extend to shares of the Fund itself and do not guarantee the market price of the securities. Furthermore, not all securities issued by the U.S. government and its agencies and instrumentalities are backed by the full faith and credit of the U.S. Treasury.

The Fund may invest in separately traded principal and interest components of securities issued or guaranteed by the U.S. Treasury under the STRIPS program. Under the STRIPS program, the principal and interest components are separately issued by the U.S. Treasury at the request of depository financial institutions, which then trade the component parts independently. The market prices of STRIPS generally are more volatile than those of U.S. Treasury bills with comparable maturities.

Inflation-Linked Debt Securities Risk. Inflation-indexed debt securities are debt securities that are structured to provide protection against inflation. The value of the debt securities’ principal or the interest income paid on the security is adjusted to track changes in an official inflation measure. Repayment of the original principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed debt securities. For securities that do not provide a similar guarantee, the adjusted principal value of the securities repaid at maturity may be less than the original principal value. The value of inflation-linked debt securities is expected to change in response to changes in real interest rates. Real interest rates are tied to the relationship between nominal interest rates and the rate of inflation. In general, the price of an inflation-linked debt security falls when real interest rates rise, and rises when real interest rates fall. Interest payments on inflation-linked debt securities will vary as the principal and/or interest is adjusted for inflation and can be unpredictable. In periods of deflation, the Fund may have no income at all from such investments. The principal value of an investment in the Fund is not protected or otherwise guaranteed by virtue of the Fund’s investments in inflation-linked debt securities.

Sovereign Debt Risk. Sovereign debt securities are subject to the risk that a governmental entity may delay or refuse to pay interest or repay principal on its sovereign debt, due, for example, to cash flow problems, insufficient foreign currency reserves, political considerations, the relative size of the governmental entity’s debt position in relation to the economy, its policy toward international lenders or the failure to put in place economic reforms required by multilateral agencies. If a governmental entity defaults, it may ask for more time in which to pay or for further loans. There is no legal process for collecting sovereign debt that a government does not pay nor are there bankruptcy proceedings through which all or part of the sovereign debt that a governmental entity has not repaid may be collected.

Lower-Rated Debt Securities Risk. Lower-rated debt securities, commonly referred to as “junk bonds,” involve greater risks than investment grade debt securities. Lower-rated debt securities may fluctuate more widely in price and yield than investment grade debt securities and may fall in price during times when the economy is weak or is expected to become weak. Lower-rated debt securities carry a greater risk that the issuer of such securities will default in the timely payment of principal and interest. Issuers of securities that are in default may fail to resume principal or interest payments, in which case the Fund may lose its entire investment. Historically, lower-rated debt securities have shown less sensitivity to changes in market interest rates than higher-rated debt securities, which has made them useful as a hedge against inflation. There can be no assurance that such a pattern will repeat itself in the future.

Risks of Interests in Loans. Loans generally are subject to restrictions on transfer, and the Fund may be unable to sell loans at a time when it may otherwise be desirable to do so or may be able to sell them only at prices that are less than their fair market value. The Fund may find it difficult to establish a fair value for loans held by it. There is a risk that the value of the collateral securing a loan may decline after the Fund invests and that the collateral may not be sufficient to cover the amount owed to the Fund. In the event the borrower defaults, the Fund’s access to the collateral may be limited or delayed by bankruptcy or other insolvency laws. Further, in the event of a default, second lien secured loans will generally be paid only if the value of the collateral is sufficient to satisfy the borrower’s obligations to the first lien secured lenders and even then, the remaining collateral may not be sufficient to cover the amount owed to the Fund. If the Fund acquires a participation interest in a loan, the Fund may not be able to control the exercise of any remedies that the lender would have under the loan and likely would not have any rights against the borrower directly. Loans made to finance highly leveraged corporate acquisitions may be especially vulnerable to adverse changes in economic or market conditions.

Foreign and Emerging Market Risk. Foreign securities, including the securities issued by foreign governments, involve risks in addition to those associated with comparable U.S. securities. Additional risks include exposure to less developed or less efficient trading markets; social, political or economic instability; fluctuations in foreign currencies or currency redenomination; potential for default on sovereign debt, nationalization or expropriation of assets; settlement, custodial or other operational risks; and less stringent auditing and legal standards. As a result, foreign securities can fluctuate more widely in price, and may also be less liquid, than comparable U.S. securities. World markets, or those in a particular region, may all react in similar fashion to important economic or political developments. In addition, foreign markets can perform differently than the U.S. market. Following the market turmoil of 2008-2009, some national economies continue to show profound instability, which may in turn affect their international trading partners.

Investing in emerging market countries involves risks in addition to those generally associated with investing in developed foreign countries. Securities of issuers in emerging market countries may be more volatile and less liquid than securities of issuers in foreign countries with more developed economies or markets.

Currency Risk. Currency fluctuations could negatively impact investment gains or add to investment losses.

Currency Transaction Risk. Non-U.S. currency forward contracts, options, swaps, or other derivatives contracts on non-U.S. currencies involve a risk of loss if currency exchange rates move against the Fund. Forward contracts are not guaranteed by an exchange or clearinghouse and a default by the counterparty may result in a loss to the Fund. Governmental authorities may impose credit controls to limit the level of forward trading to the detriment of the Fund. Neither the U.S. Commodities Future Trading Commission nor the U.S. banking authorities regulate forward currency transactions through banks. In respect of such trading, the Fund is subject to the risk of bank failure or the inability of or refusal by a bank to perform with respect to such contracts.

REITs and Other Real Estate Companies Risk. REIT and other real estate company securities are subject to, among other risks: declines in property values; defaults by mortgagors or other borrowers and tenants; increases in property taxes and other operating expenses; overbuilding; fluctuations in rental income; changes in interest rates; lack of availability of mortgage funds or financing; extended vacancies of properties; changes in tax and regulatory requirements; losses due to environmental liabilities; or casualty or condemnation losses. REITs also are dependent upon management skills and are subject to heavy cash flow dependency, self-liquidation and the possibility of failing to qualify for tax-free “pass-through” of income under the federal tax law. REIT and other real estate company securities tend to be small- to mid-cap stocks and are subject to the risks of investing in small- to mid-cap stocks.

Master Limited Partnerships Risk. Investing in MLPs involves certain risks related to investing in the underlying assets of the MLPs and risks associated with pooled investment vehicles. MLPs holding credit-related investments are subject to interest rate risk and the risk of default on payment obligations by debt issuers. MLPs that concentrate in a particular industry or a particular geographic region are subject to risks associated with such industry or region. Investments held by MLPs may be relatively illiquid, limiting the MLPs’ ability to vary their portfolios promptly in response to changes in economic or other conditions. MLPs may have limited financial resources, their securities may trade infrequently and in limited volume, and they may be subject to more abrupt or erratic price movements than securities of larger or more broadly based companies. Distributions from an MLP may consist in part of a return of the amount originally invested, which would not be taxable to the extent the distributions do not exceed the investor’s adjusted basis in its MLP interest.

Energy Sector Risk. Investment risks associated with investing in securities of companies in the energy sector, in addition to other risks, include price fluctuation caused by real and perceived inflationary trends and political developments, the cost assumed in complying with environmental safety regulations, supply and demand of energy fuels, energy conservation efforts, capital expenditures on and the success of exploration and production projects, increased competition and technological advances, and tax and other government regulations.

Materials Sector Risk. Companies in the materials sector could be affected by, among other things, commodity price volatility, exchange rates, government regulation, mandated expenditures for safety and pollution control devices, inflation expectations, resource availability, import controls, increased competition, technical progress, labor relations, and economic cycles.

Asset Allocation Risk. If the Fund favors exposure to an asset class during a period when that asset class underperforms other asset classes, performance may suffer.
Management Risk. Fund performance is dependent upon the success of the Portfolio Managers in implementing the Fund’s investment strategies in pursuit of its objective. To a significant extent, the Fund’s performance will depend on the success of implementing and managing the investment models that seek to allocate the Fund’s assets. Models that have been formulated on the basis of past market data may not be predictive of future price movements or inflation trends. Models may not be reliable if unusual or disruptive events cause market moves the nature or size of which are inconsistent with the historic correlation and volatility structure of the market or patterns in inflation. Models also may have hidden biases or exposure to broad structural or sentiment shifts. In the event that actual events fail to conform to the assumptions underlying such models, losses could be incurred.

Derivatives Risk. Derivatives involve risks different from, or greater than, those associated with more traditional investments. Derivatives can be highly complex, can create investment leverage and may be highly volatile, and the Fund could lose more than the amount it invests. Derivatives may be difficult to value and may at times be highly illiquid, and the Fund may not be able to close out or sell a derivative position at a particular time or at an anticipated price. Recent legislation calls for new regulation of the derivatives markets and could limit the Fund’s ability to pursue its investment strategies. The extent and impact of the regulation are not yet fully known and may not be for some time. New regulation of derivatives may make them more costly, may limit their availability, or may otherwise adversely affect their value or performance.

Counterparty Risk. The Fund’s investments in derivatives involve, in addition to the risks posed by the markets and individual issuers, the risks associated with the Fund’s exposure to its counterparties. The Fund’s investments in the OTC derivatives market introduce counterparty risk due to the possibility that the dealer providing the derivative or other product will fail to timely perform its payment and other obligations. The Fund’s investments in the futures markets also introduce the risk that its futures commission merchant (“FCM”) could default on an obligation set forth in an agreement between the Fund and the FCM, including the FCM’s obligation to return margin posted in connection with the Fund’s futures contracts.

Leverage Risk. Leverage amplifies changes in the Fund’s net asset value (“NAV”). Derivative instruments that the Fund may use create leverage and can result in losses to the Fund that exceed the amount originally invested. There can be no assurance that the Fund’s use of leverage will be successful. It is currently expected that the Fund’s investment program will have the effect of leveraging the Fund, sometimes by a significant amount.

Options Risk. The use of options involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. If the Fund’s Portfolio Managers apply a strategy at an inappropriate time or judge market conditions or trends incorrectly, options may lower the Fund’s return. There can be no guarantee that the use of options will increase the Fund’s return or income.

Writing (selling) a call option obligates the Fund to sell the underlying security to a purchaser at a specified price if the purchaser decides to exercise the option. The Fund receives a premium when it writes a call option. A call option is “covered” if the Fund simultaneously holds an equivalent position in the security underlying the option.When the Fund writes a covered call option, it assumes the risk that it must sell the underlying security at a price that may be lower than the market price of the security, and it gives up the opportunity to profit from a price increase in the underlying security above the exercise price.

Writing (selling) a put option obligates the Fund to acquire the underlying security from a purchaser of the option at a specified price if the purchaser decides to exercise the option. The Fund receives a premium when it writes a put option.When the Fund writes a put option, it assumes the risk that it must purchase the underlying security at a price that may be higher than the market price of the security.

In addition, there may be an imperfect correlation between the movement in prices of options and the securities underlying them and there may at times not be a liquid secondary market for various options.

ETF Risk. ETFs may trade in the secondary market at prices below the value of their underlying portfolios and may not be liquid. An actively managed ETF’s performance will reflect its adviser’s ability to make investment decisions that are suited to achieving the ETF’s investment objectives. Passively managed ETFs are subject to the risk that they may not replicate the performance of the index tracked by the ETF.

Other Investment Company Risk. Through its investment in ETFs and other investment companies, the Fund is subject to the risks of the investment companies’ investments, as well as to the investment companies’ expenses.

Also, an investor in the Fund may receive taxable gains from portfolio transactions by an investment company, as well as taxable gains from transactions in shares of the investment company by the Fund.

Illiquid Investments Risk. Illiquid investments may be more difficult to purchase or sell at an advantageous price or time, and there is a greater risk that the investments may not be sold for the price at which the Fund is carrying them.

High Portfolio Turnover. The Fund may engage in frequent and active trading and may have a high portfolio turnover rate, which may increase its transaction costs, may adversely affect its performance and/or may generate a greater amount of capital gain distributions to shareholders than if the Fund had a low portfolio turnover rate.

Recent Market Conditions. The financial crisis in the U.S. and global economies over the past several years, including the European sovereign debt and banking crises, has resulted, and may continue to result, in an unusually high degree of volatility in the financial markets, both domestic and foreign, and in the net asset values of many mutual funds, including to some extent the Fund, and the economy at large. It is uncertain how long these conditions will continue. These market conditions have resulted, and may continue to result, in fixed income instruments experiencing unusual liquidity issues, increased price volatility and, in some cases, credit downgrades and increased likelihood of default. These events have reduced the willingness and ability of some lenders to extend credit, and have made it more difficult for borrowers to obtain financing on attractive terms, if at all. As a result, the values of many types of securities have been reduced, including, but not limited to, mortgage-backed, asset-backed and corporate debt securities. In addition, global economies and financial markets are becoming increasingly interconnected, which increases the possibilities that conditions in one country or region might adversely impact issuers in a different country or region. Because the situation in the markets is widespread, it may be difficult to identify both risks and opportunities using past models of the interplay of market forces, or to predict the duration of these market conditions. The severity or duration of these conditions may also be affected by policy changes made by governments or quasi-governmental organizations.

A decline in the Fund’s average net assets during the current fiscal year due to market volatility or other factors could cause the Fund’s expense ratios for the current fiscal year (prior to application of the expense cap) to be higher than the expense information presented in “Fees and Expenses.”
PERFORMANCE
Performance history will be available for the Fund after the Fund has been in operation for one calendar year.
XML 12 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 13 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Neuberger Berman Dynamic Real Return Fund
Objective [Heading] rr_ObjectiveHeading GOAL
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Fund seeks to provide long-term attractive risk-adjusted real returns in stable to rising inflationary environments, with a secondary objective to preserve investor capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
These tables describe the fees and expenses that you may pay if you buy, hold or sell shares of the Fund. You may qualify for initial sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Neuberger Berman funds. More information about these and other discounts is available from your investment provider and in “Sales Charge Reductions and Waivers” on page 38 in the Fund’s prospectus and in “Additional Purchase Information – Sales Charge Reductions and Waivers” on page 107 in the Fund’s SAI.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a % of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2015-10-31
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the Fund’s performance.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for initial sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Neuberger Berman funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary.
Acquired Fund Fees and Expenses, Based on Estimates [Text] rr_AcquiredFundFeesAndExpensesBasedOnEstimates "Other expenses" and "Acquired fund fees and expenses" are based on estimated expenses for the current fiscal year; actual expenses may vary.
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
The expense example can help you compare costs among mutual funds. The example assumes that you invested $10,000 for the periods shown, that the Fund earned a hypothetical 5% total return each year, and that the Fund’s expenses were those in the table. For Class A and Institutional Class shares, your costs would be the same whether you sold your shares or continued to hold them at the end of each period. Actual performance and expenses may be higher or lower.
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
To pursue its goal, the Fund currently intends to allocate its assets primarily among the following general asset classes:

 
inflation-linked debt securities issued by domestic and foreign governments or corporate entities;
 
debt securities rated below investment grade (commonly called “junk bonds”), including fixed rate and floating rate senior secured loans, second lien loans and unsecured loans;
 
master limited partnerships (“MLPs”);
 
real estate investment trusts (“REITs”);
 
commodities; and
 
equity securities

Under normal circumstances, the Fund invests mainly in investments that fall into these asset categories, which may include investments in funds in the Neuberger Berman fund family and unaffiliated investment companies, including exchanged-traded funds (“ETFs”, and collectively, “Underlying Funds”), investing in these asset categories. The Fund’s investments may include equity and debt securities issued by domestic and foreign governments and corporate entities, including those in emerging markets. The Fund may also invest in investment grade debt securities, debt securities issued by the U.S. government, including separately traded principal and interest components of securities issued or guaranteed by the U.S. Treasury under the Separate Trading of Registered Interest and Principal of Securities (“STRIPS”) program, and distressed securities. The Fund may invest in debt securities of any maturity and does not have a target average duration.

The Fund also may use derivatives, without limitation, and primarily may use four types of derivatives: (i) futures contracts based on debt securities and currencies; (ii) swaps, such as total return, inflation and interest rate swaps; (iii) call and put options on securities and indices including writing (selling) calls against positions in the portfolio (“covered calls”) or writing (selling) puts on securities and indices; and (iv) forward foreign currency contracts. Any of these derivatives may be used in an effort to: adjust the Fund’s sensitivity to inflation; enhance returns; manage or adjust the risk profile of the Fund or the risk of individual positions; or replace more traditional direct investments.

While the Portfolio Managers invest for the long term, they will also seek to take advantage of shorter term opportunities, subject to the investment adviser’s risk management framework.

The Portfolio Managers utilize a three step approach in allocating assets and selecting investments for the Fund.

Asset Class Inclusion

The Portfolio Managers begin by identifying and evaluating asset class correlation with inflation. While high correlation with inflation is desirable, correlations between asset classes, and portfolio level risk and return analysis, are also factors in asset class selection.

Strategic Asset Allocation

Strategic asset allocation seeks to allocate assets so that the predicted contribution from each asset class to the Fund’s overall sensitivity to changes in expected inflation is approximately the same. For example, if the Portfolio Managers believed that MLPs were twice as sensitive to changes in expected inflation as inflation-linked debt securities, the allocation to MLPs would be approximately half of the allocation to inflation-linked debt securities. The Portfolio Managers will oversee, review and adjust this framework periodically.

The Portfolio Managers anticipate rebalancing across asset classes periodically. The Fund is not required to allocate its investments among asset classes in any fixed proportion or to invest in an asset class, nor is it limited by the issuer’s geographic location, size or market capitalization. The Fund may have none, some or all of its assets invested in each asset class in relative proportions that change over time based upon the Portfolio Managers’ evaluation of market and economic conditions. The Portfolio Managers may emphasize various sectors of the market at any given time, including, but not limited to, the energy sector and materials sector.

Tactical Asset Allocation