Neuberger Berman High Yield Strategies Fund Inc. (NHS)
Market Value | 214.49M |
Revenue (ttm) | 23.36M |
Net Income (ttm) | 18.06M |
Shares Out | 27.68M |
EPS (ttm) | 0.69 |
PE Ratio | 11.29 |
Forward PE | n/a |
Dividend | $1.09 (14.09%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 156,688 |
Open | 7.68 |
Previous Close | 7.68 |
Day's Range | 7.67 - 7.76 |
52-Week Range | 7.30 - 8.67 |
Beta | 0.99 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About NHS
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. Neu... [Read more]
News
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES MONTHLY DISTRIBUTION
NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced a distribution declaration of $0.0905 per share of common stoc...
NHS: High-Yield Bond CEF Yields Over 12% And May Benefit From Lower Rates
I recommend holding Neuberger Berman High Yield Strategies for its 12.8% yield, despite its current high premium to NAV. The NHS closed-end fund benefits from lower interest rates, which increase bond...
NHS: Fully Covered Its High Yield In H1, But Caution Could Be Advisable
The Neuberger Berman High Yield Strategies Fund offers a 13.15% yield, appealing to income-seeking investors but raising concerns about sustainability going forward. The fund primarily invests in junk...
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
Neuberger Berman High Yield Strategies Fund offers a very high level of income with a 13.46% current yield, higher than most other closed-end funds.
NHS: Not A Bad CEF If You're Prepared For A Distribution Cut
Neuberger Berman High Yield Strategies offers a high yield of 14.46%, higher than other closed-end funds investing in junk bonds. The NHS closed-end fund's net asset value has been declining, raising ...
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES ISSUANCE OF PREFERRED SHARES
NEW YORK , Sept. 29, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully completed a private placement of 4...
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES LEVERAGE REFINANCING
NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully refinanced its leverage by enterin...
NHS: Don't Ignore The Risk Of More Rate Hikes, Best To DCA Purchases
Neuberger Berman High Yield Strategies offers a remarkable 14.25% distribution yield but has underperformed over the past year due to rising interest rates. The fund primarily invests in junk bonds an...
NHS: 2023 Rights Offering Results
NHS's 2023 rights offering results are in. The offering was oversubscribed, despite the slim discount to the market price. The "sell and rebuy" strategy worked once again.
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES FINAL RESULTS OF RIGHTS OFFERING
NEW YORK , June 28, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today the final results of its transferable rights offering (the "...
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES PRELIMINARY RESULTS OF RIGHTS OFFERING
NEW YORK , June 22, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today the completion of its transferable rights offering (the "Off...
83 Monthly-Paying Dividend Stocks And 80 Funds For May
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ma...
NHS: 2023 Rights Offering Quick Notes
Quick notes on Neuberger Berman High Yield Strategies' rights offering this year. Our suggestion is to sell before the ex-rights date and rebuy after the offering.
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES EARLY DECLARATION OF REGULAR MONTHLY DISTRIBUTION
NEW YORK , May 11, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced an early declaration of the Fund's regular monthly distribution...
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES RIGHTS OFFERING AND SUMMARY OF TERMS
NEW YORK , May 11, 2023 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today approval of the terms of the issuance of transferable rights ...
NHS: Time To Reduce Some Exposure To This High Beta HY CEF
NHS is a fixed income closed end fund. The fund focuses on U.S. high yield bonds, which represent 88% of the portfolio.
This 10.5%-Yielding Portfolio Has The Perfect Mix For 2023
Despite last week's market pop, there are still plenty of terrific dividend buys out there.
NHS: 13% Yield From A High Duration Bond CEF
NHS is a fixed income closed end fund. Over 88% of the fund holdings are fixed rate high yield bonds.
The Month In Closed-End Funds: October 2022
For the first month in three, equity CEFs (+4.49%) on average witnessed plus-side returns, while their fixed income CEF cohorts (-5.07%) suffered a third month of declines in October. Only 17% of all ...
CEF Report July 2022: Not Safe To Tread In Taxables Just Yet
CEF NAVs took a big hit in June and continue to show downward trends as they have for most of this year. That trend is driven by wider spreads. Discounts have tightened a bit in recent weeks and are b...
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES INCREASE IN LEVERAGE
NEW YORK , June 3, 2022 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully completed a private placement of $26...
NHS: Rights Offering Quick Notes
NHS's rights offering is now live. The subscription formula has a floor of a -13% discount, at which point one should not subscribe.
NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES RETIREMENTS OF CO-PORTFOLIO MANAGERS RUSS COVODE AND DANIEL DOYLE
NEW YORK, Dec. 15, 2021 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that Russ Covode and Daniel Doyle each plan to retire from th...
Evaluating CEFs: NHS Too Expensive For Its Weak Distribution Coverage
The 8.6% yield for NHS looks very attractive if the distribution can be supported. I continue my series looking beyond the yield of a CEF.