The Neuberger High Yield Strategies Fund offers a headline 16.66% yield, the highest among closed-end junk bond peers. NHS is not covering its distribution with investment income, as net asset value has declined 10.22% over two years, signaling unsustainable payouts. The fund's portfolio is concentrated in BB and B-rated high-yield bonds, balancing risk and income but sacrificing some yield versus lower-rated debt.
Novo Nordisk stock surged on Wednesday after a major policy win, which is seen as a turning point for the drugmaker. England's cost-effectiveness watchdog has backed broader use of Wegovy to cut the risk of heart attacks and strokes in overweight or obese adults.
Eli Lilly wants the UK to regularly raise NHS drug prices and phase out a multi-billion-pound rebate scheme if it is to resume investment, its international businesses president Patrik Jonsson told the Financial Times.
Neuberger High Yield Strategies remains rated Hold due to persistent NAV declines and inadequate dividend coverage. NHS's 14.9% yield is attractive, but net investment income consistently falls short of distributions, increasing reliance on volatile realized gains. Leverage at 30% of assets amplifies both yield and risk, especially amid high interest rates and a predominantly below-investment-grade portfolio.
Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) told investors it has been shortlisted for the 2026 HSJ Partnership Awards. The nomination follows the use of its Steriwave nasal decolonisation technology by Mid Yorkshire Teaching NHS Trust to reduce post-surgical infections.
Britain could face higher drug costs as part of a deal to stave off future tariffs from Donald Trump, according to a report in the Daily Telegraph. Documents released after a recent trade agreement show the NHS is expected to review its approach to drug pricing in response to US demands.