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Neuberger-Berman-High-Yield-Strategies  on September 18, 2023


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NHS: Don't Ignore The Risk Of More Rate Hikes, Best To DCA Purchases

The Neuberger Berman High Yield Strategies Fund (NYSE:NHS) is a closed-end fund, or CEF, that aims to provide its investors with a very high level of income. It is currently doing a reasonably good job of accomplishing that task, as evidenced by its remarkable 14.25% distribution yield. Unfortunately, one of the only reasons that the fund has such a high yield is that its performance over the past year has been quite disappointing. As we can see here, the fund’s share price has declined by 7.90% over the past twelve months:

seekingalpha.com     Sep 18, 2023