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NHS - Evaluating CEFs: NHS Too Expensive For Its Weak Distribution Coverage
August, 25 2021 12:43 PM
Neuberger Berman High Yield Strategies Fund
The 8.6% yield for NHS looks very attractive if the distribution can be supported. I continue my series looking beyond the yield of a CEF. The last 12 months look good, but longer-term trends make me skeptical that can continue. Trading at a premium to NAV when it has averaged a significant discount means the price isn't all that low. For further details see:
Evaluating CEFs: NHS Too Expensive For Its Weak Distribution Coverage
Stock Information
Company Name:
Neuberger Berman High Yield Strategies Fund
Stock Symbol:
NHS
Market:
NYSE
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