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.

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Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offerings or anything that involves new shares being created.

2 New Closed-End Funds In The Pipeline

Ares Dynamic Credit Allocation Fund

AllianceBernstein Global High Income Fund Inc

Barings Global Short Duration High Yield Fund

BlackRock 2022 Global Income Opportunity Trust

Credit Suisse Asset Management Income Fund

Credit Suisse High Yield Bond Fund

Allspring Income Opportunities Fund

iShares Fallen Angels USD Bond ETF

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Pioneer Diversified High Income Trust

New American High Income Fund

Western Asset High Yield Defined Opportunity Fund Inc

BlackRock Corporate High Yield Fund

Nuveen Credit Opportunities 2022 Target Term Fund

KKR Income Opportunities Fund

MFS Charter Income Trust

Pioneer High Income Trust

Brookfield Real Assets Income Fund

Invesco High Income Trust II

The high-yield CEF sector has done well though not as well as other sectors in terms of discount returns in the last month (+1.3%). The sector as a whole is near its long-term fair value with a discount of -5%. But with spreads near the pre-COVID tightest levels, there isn't much upside for NAVs.

CEF Analysis: High-Yield Sector Update

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

ASA Gold and Precious Metals Ltd

China Fund

BNY Mellon High Yield Strategies Fund 

Franklin Templeton Emerging Markets Fund

Franklin Universal

Franklin Templeton Dragon Fund

Taiwan Fund

For the fourth month in a row, equity CEFs on average posted positive returns, rising 3.42% on a NAV basis for July.

The Month In Closed-End Funds: July 2020

How Certain Closed-End Funds Earn That 8%+ Monthly Yield

News for Neuberger Berman High Yield Strategies Fund Inc ETF (NHS)