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

Chris Kocinski, a Portfolio Manager at Neuberger Berman High Yield Strategies Fund Inc. (NHS), has increased his direct ownership in the company by purchasing 15,000 shares of common stock.

Summary

• Chris Kocinski, identified as a Portfolio Manager for Neuberger Berman High Yield Strategies Fund Inc. (NHS), acquired 15,000 shares of common stock.
• The transaction occurred on May 29, 2025, with the shares purchased at an average price of $7.4403 per share.
• The total value of the shares purchased is approximately $111,604.50.
• The purchase price range for the transactions was between $7.425 and $7.445 per share.
• Following this transaction, Chris Kocinski directly beneficially owns 15,000 shares of Neuberger Berman High Yield Strategies Fund Inc. common stock.
• The filing indicates the transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.

Sentiment

Score: 7

Explanation: The sentiment is positive due to an insider purchase, indicating confidence from a key management figure in the company's value. However, it's a single transaction and not a broader company performance report.

Positives

• The purchase of 15,000 shares by a Portfolio Manager signals confidence in the company's future prospects and valuation.
• Insider buying can often be interpreted as a positive indicator by the market, suggesting that those with intimate knowledge of the company believe the stock is undervalued or poised for growth.

Future Outlook

This Form 4 filing reports a past transaction and does not contain explicit forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

Insider purchases, particularly by portfolio managers, are often viewed within the investment fund industry as a sign of management's conviction in the fund's strategy and underlying assets. This transaction suggests that a key individual responsible for the fund's performance sees value in its current share price.

Related Party Transactions

• The reported transaction involves Chris Kocinski, a Portfolio Manager, purchasing shares from the open market, which is a related party transaction by definition of an insider.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive signal, potentially increasing confidence in the company's stock.
• Employees might interpret this as a sign of stability and positive outlook from leadership.

Key Dates

Recommendation

Keywords

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