Neuberger Berman High Yield Strateges Fd (A:NHS)
Business Focus: Closed End Funds
| Sector: Financials | Industry: Closed End Funds |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 605 Third Avenue, 2Nd Floor NEW YORK NY 10158 |
| Tel: | N/A |
| Website: | https://www.nb.com |
| IR: | See website |
| Key People | ||
| John M. Mcgovern Principal Financial Officer, Principal Accounting Officer, Treasurer | Sheila R. James Assistant Secretary | Chamaine Williams Chief Compliance Officer |
| Brian J. Gaffney Vice President | Frederic B. Soule Vice President | Michael J. Bradler Assistant Treasurer |
| Frank Rosato Assistant Treasurer | Andrew B. Allard Anti-Money Laundering Compliance Officer | Maxine L. Gerson Chief Legal Officer | Claudia A. Brandon Secretary |
| Business Overview |
| Neuberger Berman High Yield Strategies Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high total return (income plus capital appreciation). The Fund will normally invest at least 80% of its total assets in high yield debt securities of 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 invests in various sectors, including agriculture, airlines, auto manufacturers, biotechnology, building materials, chemicals, commercial services, electric, energy-alternate sources, engineering and construction, entertainment, healthcare-products, healthcare, insurance, iron-steel, machinery-construction and mining and others. The Fund's investment manager and administrator is Neuberger Berman Investment Advisers LLC. |
| Financial Overview |
| For the six months ended 30 June 2010, Neuberger Berman High Yield Strateges Fd revenues increased 11% to $9.6M. Net income applicable to common stockholders decreased 85% to $5.7M. Revenues reflect Income from securities loaned increase from $1K to $16K. Net income was offset by Appreciation of Unaffiliated investment decrease from $43.4M (income) to $9.3M (expense), Management Fees increase of 22% to $589K (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $20.50M as of Jun 30, 2010 |
| EBITDA (TTM): | $18.51M as of Jun 30, 2010 |
| Net annual income (TTM): | $40.54M as of Jun 30, 2010 |
| Free cash flow (TTM): | -$0.05M as of Jun 30, 2010 |
| Net Debt Last Fiscal Year: | $61.69M as of Jun 30, 2010 |
| Shares outstanding: | 25,932,641 as of Feb 2, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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