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home / news releases / JQC - Saba Loses Initial Bid For Change At 9%+ Yielding NHS: Assessing What's Next


JQC - Saba Loses Initial Bid For Change At 9%+ Yielding NHS: Assessing What's Next

(Please note, this was released to members of our service Yield Hunting on September 18)

This fund spotlight is highlighting a fund that was in the Flexible Portfolio around a 3.5% weight and sold for a nice gain of approximately 9%. We are looking at the fund in more depth and the activism surrounding it - which is why we bought shares in the first place. We sold a little early but better early than late.

Neuberger Berman High Yield Strategies (NHS)

Summary: The fund is expensive and it remains unclear whether Saba

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Stock Information

Company Name: Nuveen Credit Strategies Income Fund Shares of Beneficial Interest
Stock Symbol: JQC
Market: NYSE

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