Form 4: Neuberger Berman High Yield Strategies Fund Portfolio Manager Boosts Stake with Share Purchase

Chris Kocinski, a Portfolio Manager at Neuberger Berman High Yield Strategies Fund Inc., acquired 6,000 shares of common stock, signaling confidence in the fund.

Summary

• Chris Kocinski, a Portfolio Manager for Neuberger Berman High Yield Strategies Fund Inc. (NHS), purchased 6,000 shares of the company's common stock.
• The transaction occurred on July 17, 2025.
• The shares were acquired at an average price of $7.3995 per share, with the price range for the transactions being $7.395 to $7.41.
• Following this acquisition, Chris Kocinski's beneficial ownership in Neuberger Berman High Yield Strategies Fund Inc. common stock increased to a total of 21,000 shares.

Sentiment

Score: 7

Explanation: The purchase of shares by a portfolio manager indicates confidence in the fund's prospects, which is generally a positive signal for investors.

Positives

• An insider, specifically a Portfolio Manager, purchasing shares indicates confidence in the fund's future prospects and strategy.
• The acquisition increases the Portfolio Manager's direct beneficial ownership, aligning their interests more closely with other shareholders.

Future Outlook

The document does not provide explicit forward-looking statements or guidance, as it is a report of a past transaction.

Industry Context

Insider purchases, particularly by portfolio managers, can signal internal confidence in the fund's strategy and underlying assets, potentially influencing investor sentiment within the high-yield strategies fund sector. This type of transaction is a common indicator of management's belief in the value proposition of their own investment vehicles.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal, potentially increasing confidence in the fund's management and future performance.

Key Dates

Recommendation

Keywords

Neuberger Berman High Yield Strategies Fund Inc., NHS, Chris Kocinski, Insider Trading, Form 4, Stock Purchase, Beneficial Ownership, Portfolio Manager