Neuberger High Yield Strategies Fund Inc. Common Stock (NHS)

FairStock Score: 65/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what this entity is: Neuberger High Yield Strategies Fund is not an operating company with a moat; it is a closed-end fund holding high-yield debt across sectors like telecom, gaming, airlines, and packaging. Its edge is really the manager's credit selection and the fund's ability to earn a spread over its cost of leverage. The FairStock figures as of the 2026-10-13 close show price $5.41, market cap $199.7M, P/B 0.79, P/E 9.02, dividend yield 19.15%, and beta 0.76. A 0.79 P/B and FairStock Graham Number of $9.60 imply a 43.65% margin of safety, which catches the eye. But Graham would also ask about balance-sheet quality: D/E 0.47, ROCE 3.47%, ROE 8.15%, Altman Z-Score 0.64, and Piotroski F-Score 0/9 are not comforting. The 19.15% yield is either a tremendous income stream or a warning that distributions may be eroding capital. Growth is unknowable from the data: revenue and profit growth are N/A, and the Lynch category is none because there are only 0 years of filed results, needing 3. The 52-week range $5.36-$7.75 shows the price near its low. My conclusion: statistically cheap, but quality and credit-cycle risks are high. FairStock Score 65/100 suggests some merit, but this is not a sleepy bargain; it demands careful monitoring.

In plain English: This is a closed-end fund that invests in higher-risk bonds around the world. It pays a very large income stream, but its financial health scores look weak and it has little filed history for judging growth. Based on the numbers given, the shares look cheap compared with their assets and profits, though the high payout and weak health scores mean the cheapness comes with real risk.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer