Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) has won support from Peel Hunt after partnering with Mela Solutions to accelerate access for its Steriwave infection-prevention technology across NHS intensive care units. Peel Hunt retained its ‘buy' rating and 29p price target, highlighting the potential for the collaboration to generate trust-specific evidence on Steriwave's clinical and economic benefits.
Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) has teamed up with Mela Solutions, whose software sits in 90% of NHS intensive care units, to help hospitals test whether its Steriwave system saves them money. Steriwave uses light to activate an antimicrobial treatment applied inside the nose, killing bacteria that can cause infections in hospital patients.
The Neuberger High Yield Strategies Fund offers a 19.15% yield but struggles to cover its distribution, risking net asset value destruction. NHS is almost entirely allocated to fixed-rate high-yield bonds, making it vulnerable in a rising rate and inflationary environment. Despite trading at an 11.13% discount to NAV, NHS has underperformed junk bond indices and is not earning enough to justify its payout.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 28,763 | $179,480 | $153,594.42 | -$25,885.58 | -14.42% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 5.61M | $35.05M | $29.91M | -$5.15M | -14.68% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 152,385 | $1.14M | $813,735.9 | -$328,499.52 | -28.76% |
| RAS Robert A. Saperstein Guggenheim Capital LLC | 533,514 | $4.27M | $2.85M | -$1.42M | -33.29% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 46,000 | $379,162.31 | $246,100 | -$133,062.31 | -35.09% |
| AMEX Exchange | US Country |
Neuberger Berman High Yield Strategies Fund Inc. is a prominent closed-ended fixed income mutual fund, established under the auspices of Neuberger Berman LLC. It's meticulously managed by Neuberger Berman Investment Advisers LLC, boasting a strategic focus on the fixed income markets worldwide. The inception of this fund was marked on July 28, 2003, providing a structured approach to investing primarily in high yield debt securities. These securities span various sectors, reflecting the fund's diverse investment portfolio. Initially named Neuberger Berman High Yield Strategies Fund, it has since evolved and is now domiciled in the United States, symbolizing its strong base and operational framework within the country.
The core of the fund's investment strategy lies in high yield debt securities. Often referred to as "junk bonds," these are bonds with lower credit ratings compared to government and corporate bonds. The promise of higher returns commensurate with higher risks makes them an attractive option for investors looking for growth in sectors that show potential for significant returns. The fund carefully selects these securities to balance the risk-reward ratio effectively.
Neuberger Berman High Yield Strategies Fund Inc. leverages the global fixed income markets to diversify its portfolio. This broad market involvement enables the fund to tap into various economies and sectors worldwide, thus spreading risk and seeking opportunities in both developed and emerging markets. It exemplifies the fund's commitment to providing investors with exposure to global growth prospects through fixed income investments.
The fund's investment portfolio is characterized by its focus on multiple sectors that have the potential for high yield returns, including but not limited to auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution. This sector diversity allows for a more balanced approach to risk management, with the fund's investment decisions grounded in extensive research and analysis of sector-specific trends and opportunities.