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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Total Assets : $303.91 Mil (As of Oct. 2023)


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What is Neuberger Berman High Yield Strategies Fund Total Assets?

Neuberger Berman High Yield Strategies Fund's Total Assets for the quarter that ended in Oct. 2023 was $303.91 Mil.

During the past 12 months, Neuberger Berman High Yield Strategies Fund's average Total Assets Growth Rate was 2.90% per year. During the past 3 years, the average Total Assets Growth Rate was -5.50% per year. During the past 5 years, the average Total Assets Growth Rate was -5.80% per year.

During the past 8 years, Neuberger Berman High Yield Strategies Fund's highest 3-Year average Total Assets Growth Rate was -0.20%. The lowest was -8.30%. And the median was -5.50%.

Total Assets is connected with ROA %. Neuberger Berman High Yield Strategies Fund's annualized ROA % for the quarter that ended in Oct. 2023 was -3.11%. Total Assets is also linked to Revenue through Asset Turnover. Neuberger Berman High Yield Strategies Fund's Asset Turnover for the quarter that ended in Oct. 2023 was -0.01.

Neuberger Berman High Yield Strategies Fund Total Assets Historical Data

The historical data trend for Neuberger Berman High Yield Strategies Fund's Total Assets 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 Total Assets Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial 383.28 360.06 292.63 295.32 303.91

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
Total Assets 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 292.63 253.23 295.32 299.06 303.91

Neuberger Berman High Yield Strategies Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Neuberger Berman High Yield Strategies Fund's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=194.429+109.479
=303.91

Neuberger Berman High Yield Strategies Fund's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=194.429+109.479
=303.91

* 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  (AMEX:NHS) Total Assets Explanation

Total Assets is connected with ROA %.

Neuberger Berman High Yield Strategies Fund's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-9.38/( (299.056+303.908)/ 2 )
=-9.38/301.482
=-3.11 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Neuberger Berman High Yield Strategies Fund's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-1.591/( (299.056+303.908)/ 2 )
=-1.591/301.482
=-0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Neuberger Berman High Yield Strategies Fund Total Assets Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neuberger Berman High Yield Strategies Fund (AMEX:NHS) » Definitions » Total Assets
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MFM GLO AIF ETX WIA ACV HIE DHY NTG EVM BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Website
https://www.nb.com
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