Institutional Investors Are Betting On Neuberger Berman High Yield Strategies Fund Inc (NYSEMKT:NHS)

July 26, 2017 - By Clifton Ray

 Institutional Investors Are Betting On Neuberger Berman High Yield Strategies Fund Inc (NYSEMKT:NHS)

Sentiment for Neuberger Berman High Yield Strategies Fund Inc (NYSEMKT:NHS)

Neuberger Berman High Yield Strategies Fund Inc (NYSEMKT:NHS) institutional sentiment increased to 1.57 in 2016 Q4. Its up 0.63, from 0.94 in 2016Q3. The ratio is positive, as 22 active investment managers increased and opened new stock positions, while 14 cut down and sold their equity positions in Neuberger Berman High Yield Strategies Fund Inc. The active investment managers in our partner’s database now hold: 4.46 million shares, up from 4.23 million shares in 2016Q3. Also, the number of active investment managers holding Neuberger Berman High Yield Strategies Fund Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 9 Increased: 11 New Position: 11.

Neuberger Berman High Yield Strategies Fund Inc. is a non-diversified, closed-end management investment company. The company has market cap of $232.54 million. The Fund seeks total return . It has a 3.25 P/E ratio. The Fund normally invests at least 80% of its total assets in high yield debt securities of the United States and foreign issuers, which include securities that are rated below investment grade by a rating agency or are unrated debt securities determined to be of comparable quality by the Fund’s investment manager.

It closed at $11.94 lastly. It is down 12.14% since July 26, 2016 and is uptrending. It has underperformed by 4.56% the S&P500.

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