Neuberger Berman High Yield Strategies Fund Inc

Neuberger Berman High Yield Strategies Fund operates as closed-end management investment company. Its investment strategy is to seek high total return. The firm will normally invest at least 80% of its total assets in high yield debt securities of U.S. and foreign issuers, which include securities that are rated below investment grade by a rating agency or are unrated debt securities determined to be of comparable quality by the fund's investment manager. The company was founded on July 28, 2003 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. and certain associated parties (collectively “Saba”) today announced that it has reached an agreement with Neuberger Berman Investment Advisers LLC with respect to Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the “Fund”). Under the terms of the agreement, the Fund will commence a cash tender offer for up to 25% of the Fund's outstanding shares of common stock at a price per share equal to 96.0% of the Fund's net

Saba Capital Reaches Agreement to Tender 25% of Neuberger Berman High Yield Strategies Fund Inc. Shares

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