Neuberger Berman Fund Announces Leadership Change with Joseph Lind as Co-Head of Special Situations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
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Source: PRnewswire
- Leadership Change: Joseph Lind will become Co-Head of Special Situations effective December 31, 2025, while ceasing his portfolio management duties by December 31, 2026, indicating the firm's strategic focus on special situations.
- New Portfolio Manager: Steve Ruh has been appointed as Co-Portfolio Manager of the Fund, which is expected to introduce new investment strategies and management styles, enhancing the Fund's investment capabilities.
- Company Background: Founded in 1939, Neuberger Berman manages $558 billion in assets across equities, fixed income, private equity, and more, showcasing its strong position in the investment management industry.
- Industry Recognition: Neuberger Berman has been named the #1 Best Place to Work in Money Management for eleven consecutive years, reflecting its excellence in employee satisfaction and company culture, which may attract more top talent to the firm.
Analyst Views on NHS
Wall Street analysts forecast NHS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NHS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About NHS
Neuberger Berman High Yield Strategies Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high total return (income plus capital appreciation). The Fund will normally invest at least 80% of its total assets in high yield debt securities of United States 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. It invests in various sectors, including agriculture, airlines, auto manufacturers, biotechnology, building materials, chemicals, commercial services, electric, energy-alternate sources, engineering and construction, entertainment, healthcare-products, healthcare, insurance, iron-steel, machinery-construction and mining and others. The Fund’s investment manager and administrator is Neuberger Berman Investment Advisers LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
