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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Price-to-Tangible-Book : 1.06 (As of Apr. 29, 2024)


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What is Neuberger Berman High Yield Strategies Fund Price-to-Tangible-Book?

As of today (2024-04-29), Neuberger Berman High Yield Strategies Fund's share price is $7.95. Neuberger Berman High Yield Strategies Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $7.50. Hence, Neuberger Berman High Yield Strategies Fund's Price to Tangible Book Ratio of today is 1.06.

The historical rank and industry rank for Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book or its related term are showing as below:

NHS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 0.93   Max: 1.07
Current: 1.06

During the past 8 years, Neuberger Berman High Yield Strategies Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.83. And the median was 0.93.

NHS's Price-to-Tangible-Book is ranked worse than
69.62% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs NHS: 1.06

A closely related ratio is called PB Ratio. As of today, Neuberger Berman High Yield Strategies Fund's share price is $7.95. Neuberger Berman High Yield Strategies Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $7.50. Hence, Neuberger Berman High Yield Strategies Fund's P/B Ratio of today is 1.06.


Neuberger Berman High Yield Strategies Fund Price-to-Tangible-Book Historical Data

The historical data trend for Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.94 0.92 1.07 0.95 0.94

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
Price-to-Tangible-Book 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 1.07 0.93 0.95 1.06 0.94

Competitive Comparison of Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book falls into.



Neuberger Berman High Yield Strategies Fund Price-to-Tangible-Book Calculation

Neuberger Berman High Yield Strategies Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=7.95/7.499
=1.06

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Neuberger Berman High Yield Strategies Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Neuberger Berman High Yield Strategies Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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