Neuberger High Yield Strategies Fund Inc. (NHS)
Neuberger High Yield Strategies Fund Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $6.07, down 0.49% on the session, giving a market capitalisation of $190.5M. On trailing twelve-month figures it carries a trailing P/E of 10.12, a net margin of 80.8%. Its beta of 0.76 implies it has historically moved less than the broad market.
The Neuberger High Yield Strategies Fund Inc., identified by its symbol NHS, is a closed-end investment vehicle focused on fixed income. Established by Neuberger Berman LLC and overseen by Neuberger Berman Investment Advisers LLC, it allocates capital to debt instruments in global markets. The fund primarily targets high-yield bonds issued by companies across numerous sectors, such as automotive components and equipment, airlines, the broader automotive industry, electronics, healthcare services, packaging, integrated and service-based telecommunications, gaming, and natural gas distribution. Formed on July 28, 2003, and based in the United States, it was previously known as the Neuberger Berman High Yield Strategies Fund.
Neuberger High Yield Strategies Fund Inc. is most often compared with the following Financial Services names: