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Neuberger Berman High Yield Strategies Fund (NHS)

Taxable Bond Funds - High Yield Bond Funds

Data as of March 24, 2023
Market Price $7.99 (+ $0.08)
NAV (March 24, 2023) $8.35 (- $0.05)
Fund Listed NYSE MKT
Premium / Discount -4.31% (+1.52%)
Fund Info
Inception July 28, 2003
Sponsor Neuberger Berman Management
Website https://www.nb.com/en/...
Phone 800.877.9700
Location New York
Incorporated Maryland
Staggered Board Yes
Objective: Income plus capital appreciation; US and foreign below investment grade high yield debt securities
Related Indexes
High Income Index
High Yield Bond Index
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 19,434,181
Total Assets (Reported: Oct. 31, 2022) $295M
Estimated Total Assets $281M
Net Assets $162M
Market Cap $155M
Portfolio Turnover 52.00%
Total Leverage 42.30%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.37%
Non Lev Exp Ratio 1.39%
Rel Lev Cost 2.67%
Discount Data
Average Discount (3 Yr) -2.75%
Discount Low(3 Yr) -12.33%
Discount High(3 Yr) 7.31%
Discount Rel Range (3 Yr) 40.83%
Comp Discount 5.99
Discount St Dev (1Yr) 3.70
Z-Stat (6mo) -0.47
Z-Stat (1Yr) -0.24
Z-Stat (3Yr) -0.36
Comp Z-Stat (6mo) 0.38
Comp Z-Stat (3Yr) 0.52
Distribution Data
Market Yield 13.59%
Income Yield 10.51%
Lev Adj NAV Yield 9.14%
Distribution Frequency M
Current Distribution $0.091
Current Income $0.070
Ex-Date 3/14/23
Payable Date 3/31/23
Div Growth (3yr) 0.00%
Dividend Change 37.5% on 4/11/19
Expected Div 3/31/23
RoC (1yr) 31.02%
RoC (3yr) 38.96%
Tax Dividend Data 2021 2019 - 2021
Income 69.6% 76.8%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 30.4% 23.2%
Volume & Liquidity
Average Daily $ (K) $821
Avg Volume 30 day 66,172
Avg Volume 90 day 102,777
Volume Trend -35.62%
Comp Volume Trend -34.18%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): EHI 76.0%
NAV - Price Correlation (30 d) 92.2%
NAV - Price Correlation (90 d) 87.1%
NAV - Price Correlation (1 Yr) 91.6%
Price St Dev (1Yr) 23.5%
NAV St Dev (1Yr) 17.7%
Earnings / Share (10/31/22) $0.077
Earn Coverage 85.41%
Earnings Trend Up
UNII / Share (10/31/22) $-0.055
Rel UNII -6.58
UNII Trend Down
Bond Specific Data
Maturity 5.78
Duration 4.06
Credit Rating (rbo) B
Investment Grade 1.29%
Non Investment Grade 89.79%
Unrated Bonds 8.92%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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