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NHS

Neuberger Berman High Yield Strategies Fund Inc.

https://www.nb.com/Pages/Public/en-us/Products/high-yield-strategies-fund.aspx

Industry

Asset Management

Neuberger Berman High Yield Strategies Fund Inc. is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution. It was formerly known as Neuberger Berman High Yield Strategies Fund. Neuberger Berman High Yield Strategies Fund Inc. was formed on July 28, 2003 and is domiciled in the United States.

Open

7.56

Mkt cap

210M

Volume

360K

High

7.59

P/E Ratio

5.26

52-wk high

8.67

Low

7.55

Div yield

0.14

52-wk low

7.47

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on January 31, 2025, with a record date of January 15, 2025.

Portfolio Pulse from

December 31, 2024 | 9:45 pm

The Neuberger Berman High Yield Strategies fund (NHS) offers a high yield of 14.42% but has underperformed its peers, with a recent 7.72% share price decline. Market doubts about its ability to sustain payouts suggest a potential 35% distribution cut, and a hawkish Fed could exacerbate issues.

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