NHS

Neuberger Berman High Yield Strategies Fund is a mutual fund that invests primarily in high-yield corporate bonds, which are debt securities issued by companies with lower credit ratings. The fund pools money from individual and institutional investors to build a diversified portfolio of these bonds, aiming to generate income through regular interest payments and potential capital appreciation. Investors use this fund to access the high-yield bond market without having to research and purchase individual bonds themselves, while the fund earns management fees based on the assets it oversees.