NHS (Neuberger Berman High Yield Strategies Fund) E10: $0.65 (As of Apr. 2026)

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NHS Neuberger Berman High Yield Strategies Fund Inc NHS
44 GF Score
Price $6.20
GF Value $7.23
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Neuberger Berman High Yield Strategies Fund E10?

Neuberger Berman High Yield Strategies Fund NHS -0.48% 44 E10 is $0.65 as of Apr. 2026. GuruFocus rates NHS with a GF Score™ of 44/100 and a GF Value™ of $7.23 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Neuberger Berman High Yield Strategies Fund's adjusted earnings per share data for the fiscal year that ended in Oct. 2025 was $. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Oct. 2025.

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 E10 growth rate using E10 data.

As of today (2026-07-14), Neuberger Berman High Yield Strategies Fund's current stock price is $ 6.20. Neuberger Berman High Yield Strategies Fund's E10 for the fiscal year that ended in Oct. 2025 was $0.65. Neuberger Berman High Yield Strategies Fund's Shiller PE Ratio of today is 9.54.

During the past 10 years, the highest Shiller PE Ratio of Neuberger Berman High Yield Strategies Fund was 11.83. The lowest was 9.42. And the median was 10.77.


Neuberger Berman High Yield Strategies Fund  (AMEX:NHS) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Neuberger Berman High Yield Strategies Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.20/0.65
=9.54

* 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.

During the past 10 years, the highest Shiller P/E Ratio of Neuberger Berman High Yield Strategies Fund was 11.83. The lowest was 9.42. And the median was 10.77.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Neuberger Berman High Yield Strategies Fund E10 Related Terms


Neuberger Berman High Yield Strategies Fund E10 Historical Data

* Premium members only.

The historical data trend for Neuberger Berman High Yield Strategies Fund's E10 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.

Neuberger Berman High Yield Strategies Fund E10 Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.65

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
E10 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.65 0.00

NHS vs NRO, TPVG, OPP: E10 Comparison

For the Asset Management subindustry, Neuberger Berman High Yield Strategies Fund's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Asset Management Industry

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

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


NHS
44GF Score
Neuberger Berman High Yield Strategies Fund Inc NHS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman High Yield Strategies Fund E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Neuberger Berman High Yield Strategies Fund's adjusted earnings per share data for the fiscal year that ended in Oct. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=0.656/*
=

Current CPI (Oct. 2025) = .

Neuberger Berman High Yield Strategies Fund Annual Data

per_share_eps CPI Adj_EPS
201610 1.392 241.729 0.000
201710 1.213 246.663 0.000
201810 -0.159 252.885 0.000
201910 1.153 257.346 0.000
202010 0.159 260.388 0.000
202110 1.521 276.589 0.000
202210 -2.277 298.012 0.000
202310 0.159 307.671 0.000
202410 1.432 315.664 0.000
202510 0.656 0.000

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.65 mean?
Neuberger Berman High Yield Strategies Fund (NHS) has a E10 of $0.65 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Neuberger Berman High Yield Strategies Fund and its competitors.
Is Neuberger Berman High Yield Strategies Fund's E10 too high?
Neuberger Berman High Yield Strategies Fund's current E10 is $0.65. Overall, Neuberger Berman High Yield Strategies Fund has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman High Yield Strategies Fund's E10 compare to NRO and TPVG?
Neuberger Berman High Yield Strategies Fund's E10 of $0.65 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Asset Management company?
A good E10 depends on the Asset Management industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Neuberger Berman High Yield Strategies Fund and its competitors. Neuberger Berman High Yield Strategies Fund's current E10 is $0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund (NHS) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.23, compared to a current price of $6.20 — trading 14.2% below its estimated fair value. The current E10 is $0.65. Neuberger Berman High Yield Strategies Fund's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Neuberger Berman High Yield Strategies Fund (NHS), the current E10 is $0.65 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Neuberger Berman High Yield Strategies Fund (NHS) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund stock appears to be undervalued. The current stock price of $6.20 is trading 14.2% below its estimated GF Value™ of $7.23. GuruFocus considers Neuberger Berman High Yield Strategies Fund to be Modestly Undervalued.

Key valuation signals for NHS:

  • E10: $0.65
  • GF Value™: $7.23 vs. price of $6.20 (14.2% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the NHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman High Yield Strategies Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman High Yield Strategies Fund Inc is a diversified, closed-end management investment company. The company invests in high yield debt securities market. The Fund uses leverage to pursue its investment objective. The Fund may invest in a variety of direct debt instruments, including bank loans, notes and other interests in amounts owed to financial institutions by borrowers, such as companies and governments. Corporate loans in which the Fund may invest will consist of direct obligations of borrowers. The Fund may invest in corporate loans at origination as a co-lender or may acquire loans in the secondary market by purchasing participations in, assignments of or novations of corporate loans.
44GF Score

Get the complete analysis for NHS

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.20
Price
$7.23
GF Value