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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Book Value per Share : $7.50 (As of Oct. 2023)


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What is Neuberger Berman High Yield Strategies Fund Book Value per Share?

Neuberger Berman High Yield Strategies Fund's book value per share for the quarter that ended in Oct. 2023 was $7.50.

During the past 12 months, Neuberger Berman High Yield Strategies Fund's average Book Value Per Share Growth Rate was -13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Neuberger Berman High Yield Strategies Fund was -0.30% per year. The lowest was -13.90% per year. And the median was -4.40% per year.

Neuberger Berman High Yield Strategies Fund's current price is $7.93. Its book value per share for the quarter that ended in Oct. 2023 was $7.50. Hence, today's PB Ratio of Neuberger Berman High Yield Strategies Fund is 1.06.

During the past 8 years, the highest P/B Ratio of Neuberger Berman High Yield Strategies Fund was 1.15. The lowest was 0.60. And the median was 0.91.


Neuberger Berman High Yield Strategies Fund Book Value per Share Historical Data

The historical data trend for Neuberger Berman High Yield Strategies Fund's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Neuberger Berman High Yield Strategies Fund Book Value per Share Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Book Value per Share
Get a 7-Day Free Trial 12.67 11.74 12.35 8.66 7.50

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.35 10.48 8.66 8.55 7.50

Competitive Comparison of Neuberger Berman High Yield Strategies Fund's Book Value per Share

For the Asset Management subindustry, Neuberger Berman High Yield Strategies Fund's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neuberger Berman High Yield Strategies Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman High Yield Strategies Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neuberger Berman High Yield Strategies Fund's PB Ratio falls into.



Neuberger Berman High Yield Strategies Fund Book Value per Share Calculation

Neuberger Berman High Yield Strategies Fund's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(194.43-0.00)/25.93
=7.50

Neuberger Berman High Yield Strategies Fund's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(194.43-0.00)/25.93
=7.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Neuberger Berman High Yield Strategies Fund  (AMEX:NHS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Neuberger Berman High Yield Strategies Fund Book Value per Share Related Terms

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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman High Yield Strategies Fund is closed-end management investment company. It seeks to achieve its investment objective by investing, under normal market conditions, a majority of its total assets in high yield debt securities of U.S. and foreign issuers.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph Lind other: Portfolio Manager 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Chris Kocinski other: Co-Portfolio Manager 190 SOUTH LASALLE STREET, NEUBERGER BERMAN INVESTMENT ADVISERS, CHICAGO IL 60603
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bradley Tank other: CIO of Adviser C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Thomas P Oreilly other: Portfolio Manager 200 S WACKER DRIVE STE 2100, C/O LINCOLN CAPITAL FIXED INCOME, CHICAGO IL 60606
Patrick Houlihan Flynn other: Portfolio Manager C/O NEUBERGERF BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180