Neuberger Berman High Yield Strategies Fund (NHS) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NHS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NHS
NHS charges 4.14% annually. There are 188 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | NHS vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | NHS vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | NHS vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | NHS vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | NHS vs CRDOX |
Best Risk-Adjusted Alternatives to NHS
NHS has a PortfoliosLab risk / return rank of 2. There are 187 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | NHS vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | NHS vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | NHS vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | NHS vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | NHS vs PSHNX |
Top Performing NHS Alternatives (YTD)
NHS is at -9.34% YTD. There are 189 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | NHS vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | NHS vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | NHS vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | NHS vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.70% | — | Jul 1995 | NHS vs FAHCX |
Lowest Volatility Alternatives to NHS
NHS has 12.77% 1-year volatility. There are 189 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | NHS vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | NHS vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | NHS vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | NHS vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | NHS vs OSTIX |
Lowest Drawdown Alternatives to NHS
NHS has a 1-year max drawdown of -17.01%. There are 189 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | NHS vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | NHS vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | NHS vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | NHS vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | NHS vs SCFIX |
Other Mutual Funds from Neuberger Berman
The 10 most viewed Neuberger Berman mutual funds shown here include NBGNX, NML, NLSIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Genesis Fund | Small Cap Growth Equities | 10 | 11.83% | — | Sep 1988 | NHS vs NBGNX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 57 | 27.36% | — | Mar 2013 | NHS vs NML | |
| Neuberger Berman Long Short Fund | Long-Short | 20 | 2.09% | — | Dec 2011 | NHS vs NLSIX | |
| Neuberger Berman Strategic Income Fund | Multisector Bonds | 36 | 0.54% | — | Jul 2003 | NHS vs NSTLX | |
| Neuberger Berman Guardian Fund | Large Cap Growth Equities | 18 | 6.33% | — | Jun 1950 | NHS vs NGUAX | |
| Neuberger Berman Large Cap Value Fund | Large Cap Value Equities | 93 | 19.63% | — | Jan 1975 | NHS vs NPRTX | |
| Neuberger Berman Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 6.34% | — | Mar 1979 | NHS vs NMANX | |
| Neuberger Berman Next Generation Connectivity Fund | Technology Equities | 20 | 14.31% | — | May 2021 | NHS vs NBXG | |
| Neuberger Berman Intrinsic Value Fund | Small Cap Blend Equities | 85 | 23.29% | — | May 2010 | NHS vs NINLX | |
| Neuberger Berman Sustainable Equity Fund | Large Cap Blend Equities | 79 | 16.20% | — | Mar 1994 | NHS vs NBSRX |
Often Compared With NHS
Investors most often compare NHS with MGHYX, VLT, CPMPX. These 18 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare NHS with Any Fund or Stock
Compare NHS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NHS with funds that move differently
Neuberger Berman High Yield Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NHS.
Explore NHS Diversifiers