Neuberger Berman High Yield Strategies Fund (NHS) NPORT-P Neuberger Berman High Yield Strategies Fund Inc. (Jan 2022 report)

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) January 31, 2022

PRINCIPAL AMOUNT			VALUE
Loan Assignments(a) 3.8%
Automotive 0.4%
$	666,934	Tenneco, Inc., Term Loan B, (1M USD LIBOR + 3.00%), 3.11%, due 10/1/2025	$	658,704
Containers & Glass Products 0.3%
	546,405	BWAY Holding Company, Term Loan B, (1M USD LIBOR + 3.25%), 3.35%, due 4/3/2024		540,854
Diversified Insurance 0.4%
	658,279	Gainwell Acquisition Corp., Term Loan B, (3M USD LIBOR + 4.00%), 4.75%, due 10/1/2027		658,483
Electronics - Electrical 0.4%
	748,125	Redstone Holdco 2 LP, Term Loan, (3M USD LIBOR + 4.75%), 5.50%, due 4/27/2028		692,764
Financial Intermediaries 0.2%
	370,000	Asurion LLC, Second Lien Term Loan B4, (1M USD LIBOR + 5.25%), 5.36%, due 1/20/2029		370,233
Health Care 1.0%
	1,798,449	Team Health Holdings, Inc., First Lien Term Loan, (1M USD LIBOR + 2.75%), 3.75%, due 2/6/2024		1,732,806
Oil & Gas 0.2%
	375,000	Ascent Resources - Utica, Second Lien Term Loan, (3M USD LIBOR + 9.00%), 10.00%, due 11/1/2025		403,125
Retailers (except food & drug) 0.6%
	1,010,629	Great Outdoors Group, LLC, Term Loan B1, (3M USD LIBOR + 3.75%), 4.50%, due 3/6/2028		1,009,578
Utilities 0.3%
	547,279	Granite Generation LLC, Term Loan B, (1M USD LIBOR + 3.75%, 3M USD LIBOR + 3.75%), 4.75%, due 11/9/2026		541,319	(b)
		Total Loan Assignments (Cost $6,595,278)		6,607,866
Corporate Bonds 142.9%
Advertising 1.0%
	1,620,000	Cars.com, Inc., 6.38%, due 11/1/2028		1,684,800	(c)
Aerospace & Defense 2.9%
		TransDigm, Inc.
	1,535,000	6.38%, due 6/15/2026		1,561,862
	2,265,000	7.50%, due 3/15/2027		2,350,368
	980,000	5.50%, due 11/15/2027		984,900
				4,897,130
Air Transportation 2.0%
	515,000	Air Canada, 3.88%, due 8/15/2026		502,326	(c)(d)
	300,000	American Airlines Group, Inc., 3.75%, due 3/1/2025		277,599	(c)(e)
		American Airlines, Inc./AAdvantage Loyalty IP Ltd.
	810,000	5.50%, due 4/20/2026		829,237	(c)
	1,085,000	5.75%, due 4/20/2029		1,110,769	(c)
	665,000	VistaJet Malta Finance PLC/XO Management Holding, Inc., 6.38%, due 2/1/2030		660,844	(c)
				3,380,775
Auto Parts & Equipment 2.2%
	540,000	Dana, Inc., 4.50%, due 2/15/2032		515,700
	1,115,000	Dealer Tire LLC/DT Issuer LLC, 8.00%, due 2/1/2028		1,140,087	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		Goodyear Tire & Rubber Co.
$	985,000	9.50%, due 5/31/2025	$	1,049,025
	455,000	5.00%, due 7/15/2029		455,228	(c)
	167,000	Panther BF Aggregator 2 L.P./Panther Finance Co., Inc., 6.25%, due 5/15/2026		172,636	(c)
	475,000	Tenneco, Inc., 7.88%, due 1/15/2029		504,764	(c)
				3,837,440
Automakers 2.5%
		Ford Motor Co.
	600,000	9.63%, due 4/22/2030		843,000
	760,000	4.75%, due 1/15/2043		776,750
	1,860,000	7.40%, due 11/1/2046		2,459,850
	225,000	Jaguar Land Rover Automotive PLC, 5.88%, due 1/15/2028		222,795	(c)
				4,302,395
Building & Construction 0.3%
		Shea Homes L.P./Shea Homes Funding Corp.
	300,000	4.75%, due 2/15/2028		295,125	(c)
	280,000	4.75%, due 4/1/2029		274,979	(c)
				570,104
Building Materials 2.4%
	975,000	Cornerstone Building Brands, Inc., 6.13%, due 1/15/2029		1,006,931	(c)
	1,775,000	Jeld-Wen, Inc., 4.88%, due 12/15/2027		1,770,563	(c)(e)
	1,370,000	Masonite Int'l Corp., 5.38%, due 2/1/2028		1,407,168	(c)
				4,184,662
Cable & Satellite Television 5.0%
		CSC Holdings LLC
	430,000	7.50%, due 4/1/2028		444,508	(c)
	535,000	6.50%, due 2/1/2029		556,988	(c)
	4,720,000	5.75%, due 1/15/2030		4,447,562	(c)
	880,000	4.63%, due 12/1/2030		783,200	(c)
		DISH DBS Corp.
	595,000	7.75%, due 7/1/2026		612,320
	90,000	5.25%, due 12/1/2026		87,300	(c)
	505,000	7.38%, due 7/1/2028		488,007
	710,000	5.13%, due 6/1/2029		619,475
	540,000	Radiate Holdco LLC/Radiate Finance, Inc., 6.50%, due 9/15/2028		521,100	(c)
				8,560,460
Chemicals 4.4%
	640,000	Hexion, Inc., 7.88%, due 7/15/2027		678,400	(c)
	325,000	Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, due 7/1/2028		342,875	(c)
		NOVA Chemicals Corp.
	65,000	5.00%, due 5/1/2025		65,520	(c)
	1,171,000	5.25%, due 6/1/2027		1,182,394	(c)
		Olympus Water U.S. Holding Corp.
	700,000	4.25%, due 10/1/2028		668,472	(c)
	285,000	6.25%, due 10/1/2029		271,400	(c)
		SCIH Salt Holdings, Inc.
	730,000	4.88%, due 5/1/2028		684,375	(c)
	1,065,000	6.63%, due 5/1/2029		995,083	(c)(e)
	400,000	SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, due 11/1/2026		401,000	(c)
	635,000	Tronox, Inc., 4.63%, due 3/15/2029		610,531	(c)
	1,655,000	WR Grace Holdings LLC, 5.63%, due 8/15/2029		1,597,075	(c)
				7,497,125
Consumer - Commercial Lease Financing 2.2%
	715,000	AerCap Global Aviation Trust, 6.50%, due 6/15/2045		765,386	(c)(f)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
$	2,732,508	Global Aircraft Leasing Co. Ltd., 6.50% Cash/7.25% PIK, due 9/15/2024	$	2,563,912	(c)(g)
	530,000	World Acceptance Corp., 7.00%, due 11/1/2026		508,906	(c)
				3,838,204
Electric - Generation 4.1%
		Calpine Corp.
	420,000	5.13%, due 3/15/2028		409,723	(c)
	1,365,000	4.63%, due 2/1/2029		1,292,478	(c)
	2,695,000	5.00%, due 2/1/2031		2,553,512	(c)
	450,000	Leeward Renewable Energy Operations LLC, 4.25%, due 7/1/2029		439,875	(c)
	515,000	NRG Energy, Inc., 5.25%, due 6/15/2029		529,935	(c)
	545,000	Vistra Corp., 7.00%, due 12/15/2026		542,275	(c)(f)(h)
	1,240,000	Vistra Operations Co. LLC, 4.38%, due 5/1/2029		1,196,600	(c)
				6,964,398
Electric - Integrated 1.0%
		Talen Energy Supply LLC
	370,000	10.50%, due 1/15/2026		171,939	(c)
	670,000	7.25%, due 5/15/2027		600,092	(c)(e)
	835,000	6.63%, due 1/15/2028		734,800	(c)
	130,000	7.63%, due 6/1/2028		116,350	(c)
				1,623,181
Energy - Exploration & Production 6.1%
	525,000	Antero Resources Corp., 5.38%, due 3/1/2030		543,270	(c)
		Ascent Resources Utica Holdings LLC/ARU Finance Corp.
	810,000	7.00%, due 11/1/2026		808,987	(c)
	365,000	9.00%, due 11/1/2027		485,450	(c)
	455,000	8.25%, due 12/31/2028		476,613	(c)
	600,000	5.88%, due 6/30/2029		579,000	(c)
	635,000	Colgate Energy Partners III LLC, 5.88%, due 7/1/2029		645,319	(c)
		Comstock Resources, Inc.
	662,000	6.75%, due 3/1/2029		681,059	(c)
	505,000	5.88%, due 1/15/2030		501,894	(c)
		Hilcorp Energy I L.P./Hilcorp Finance Co.
	520,000	6.25%, due 11/1/2028		539,500	(c)
	338,000	5.75%, due 2/1/2029		344,760	(c)
	373,000	6.00%, due 2/1/2031		378,595	(c)
	335,000	Northern Oil and Gas, Inc., 8.13%, due 3/1/2028		349,238	(c)
		Occidental Petroleum Corp.
	560,000	6.13%, due 1/1/2031		646,380	(e)
	225,000	7.50%, due 5/1/2031		277,965
	565,000	7.88%, due 9/15/2031		713,312
	1,040,000	PDC Energy, Inc., 5.75%, due 5/15/2026		1,058,824
	310,000	Rockcliff Energy II LLC, 5.50%, due 10/15/2029		313,875	(c)
	515,000	Southwestern Energy Co., 4.75%, due 2/1/2032		514,130
	605,000	Tap Rock Resources LLC, 7.00%, due 10/1/2026		620,125	(c)
				10,478,296
Environmental 0.2%
	405,000	GFL Environmental, Inc., 4.38%, due 8/15/2029		386,487	(c)
Food & Drug Retailers 0.5%
	945,000	Arko Corp., 5.13%, due 11/15/2029		899,026	(c)
Food - Wholesale 3.4%
	450,000	Kraft Heinz Foods Co., 4.88%, due 10/1/2049		510,962

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		Performance Food Group, Inc.
$	1,390,000	5.50%, due 10/15/2027	$	1,422,053	(c)
	525,000	4.25%, due 8/1/2029		492,613	(c)
		Post Holdings, Inc.
	65,000	5.50%, due 12/15/2029		66,804	(c)
	865,000	4.63%, due 4/15/2030		833,644	(c)
	745,000	4.50%, due 9/15/2031		709,024	(c)
		U.S. Foods, Inc.
	1,365,000	4.75%, due 2/15/2029		1,339,679	(c)
	520,000	4.63%, due 6/1/2030		505,700	(c)
				5,880,479
Forestry & Paper 0.3%
	605,000	Ahlstrom-Munksjo Holding 3 Oy, 4.88%, due 2/4/2028		583,099	(c)
Gaming 3.1%
	1,225,000	Boyd Gaming Corp., 4.75%, due 12/1/2027		1,218,789
		Caesars Entertainment, Inc.
	1,185,000	8.13%, due 7/1/2027		1,275,356	(c)
	460,000	4.63%, due 10/15/2029		440,405	(c)
	120,000	Everi Holdings, Inc., 5.00%, due 7/15/2029		119,400	(c)
		Scientific Games Int'l, Inc.
	190,000	8.25%, due 3/15/2026		198,313	(c)
	1,240,000	7.00%, due 5/15/2028		1,302,310	(c)
	730,000	Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.50%, due 3/1/2025		733,862	(c)
				5,288,435
Gas Distribution 13.6%
	1,800,000	Antero Midstream Partners L.P./Antero Midstream Finance Corp., 7.88%, due 5/15/2026		1,935,000	(c)
		Buckeye Partners L.P.
	910,000	4.13%, due 12/1/2027		890,954
	460,000	5.85%, due 11/15/2043		420,831
	785,000	Cheniere Energy Partners L.P., 4.50%, due 10/1/2029		802,443
	2,455,000	CQP Holdco L.P./BIP-V Chinook Holdco LLC, 5.50%, due 6/15/2031		2,446,727	(c)
	920,000	DCP Midstream LLC, 5.85%, due 5/21/2043		876,583	(c)(f)
	305,000	DCP Midstream Operating L.P., 5.60%, due 4/1/2044		353,800
		EQM Midstream Partners L.P.
	250,000	6.50%, due 7/1/2027		261,250	(c)
	320,000	4.50%, due 1/15/2029		305,606	(c)
	320,000	4.75%, due 1/15/2031		306,294	(c)
		EQT Midstream Partners L.P.
	450,000	4.13%, due 12/1/2026		445,275
	1,095,000	5.50%, due 7/15/2028		1,108,260
		Genesis Energy L.P./Genesis Energy Finance Corp.
	165,000	6.50%, due 10/1/2025		161,449
	270,000	6.25%, due 5/15/2026		259,200
	275,000	8.00%, due 1/15/2027		276,755
		Global Partners L.P./GLP Finance Corp.
	160,000	7.00%, due 8/1/2027		165,200
	270,000	6.88%, due 1/15/2029		278,918
	625,000	Harvest Midstream I L.P., 7.50%, due 9/1/2028		650,919	(c)
	610,000	Howard Midstream Energy Partners LLC, 6.75%, due 1/15/2027		625,823	(c)
	685,000	ITT Holdings LLC, 6.50%, due 8/1/2029		657,210	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		New Fortress Energy, Inc.
$	1,435,000	6.75%, due 9/15/2025	$	1,359,662	(c)
	1,770,000	6.50%, due 9/30/2026		1,654,950	(c)
		NuStar Logistics L.P.
	400,000	5.75%, due 10/1/2025		417,500
	355,000	6.00%, due 6/1/2026		372,349	(d)
	435,000	5.63%, due 4/28/2027		445,331	(d)
	550,000	Solaris Midstream Holdings LLC, 7.63%, due 4/1/2026		567,946	(c)
		Summit Midstream Holdings LLC/Summit Midstream Finance Corp.
	585,000	5.75%, due 4/15/2025		522,423
	345,000	8.50%, due 10/15/2026		353,522	(c)
		Tallgrass Energy Partners L.P./Tallgrass Energy Finance Corp.
	375,000	7.50%, due 10/1/2025		394,406	(c)
	500,000	6.00%, due 3/1/2027		508,710	(c)
	525,000	5.50%, due 1/15/2028		501,900	(c)
	405,000	6.00%, due 12/31/2030		386,775	(c)
	350,000	6.00%, due 9/1/2031		333,445	(c)
		Venture Global Calcasieu Pass LLC
	525,000	3.88%, due 8/15/2029		524,076	(c)
	525,000	4.13%, due 8/15/2031		528,408	(c)
	1,270,000	Western Midstream Operating L.P., 4.55%, due 2/1/2030		1,323,975	(i)
				23,423,875
Health Facilities 3.2%
		Acadia Healthcare Co., Inc.
	470,000	5.50%, due 7/1/2028		474,404	(c)
	270,000	5.00%, due 4/15/2029		265,950	(c)
		CHS/Community Health Systems, Inc.
	227,000	8.00%, due 12/15/2027		240,620	(c)
	530,000	6.88%, due 4/15/2029		524,037	(c)
	1,115,000	6.13%, due 4/1/2030		1,061,709	(c)
	455,000	5.25%, due 5/15/2030		453,043	(c)(j)
	480,000	4.75%, due 2/15/2031		459,000	(c)
	2,025,000	Tenet Healthcare Corp., 6.13%, due 10/1/2028		2,031,622	(c)
				5,510,385
Health Services 2.1%
	925,000	DaVita, Inc., 4.63%, due 6/1/2030		899,923	(c)
	745,000	Envision Healthcare Corp., 8.75%, due 10/15/2026		387,400	(c)
	819,000	Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA, 7.25%, due 2/1/2028		874,283	(c)
	700,000	Team Health Holdings, Inc., 6.38%, due 2/1/2025		630,000	(c)(e)
	320,000	U.S. Acute Care Solutions LLC, 6.38%, due 3/1/2026		321,600	(c)
	550,000	Vizient, Inc., 6.25%, due 5/15/2027		563,750	(c)
				3,676,956
Hotels 1.1%
	1,895,000	Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, 5.88%, due 10/1/2028		1,939,362	(c)
Insurance Brokerage 6.4%
		Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer
	2,215,000	6.75%, due 10/15/2027		2,189,262	(c)
	365,000	5.88%, due 11/1/2029		357,700	(c)
	780,000	AmWINS Group, Inc., 4.88%, due 6/30/2029		763,425	(c)
		AssuredPartners, Inc.
	1,515,000	7.00%, due 8/15/2025		1,512,727	(c)
	815,000	5.63%, due 1/15/2029		757,657	(c)
	550,000	BroadStreet Partners, Inc., 5.88%, due 4/15/2029		524,425	(c)
	2,605,000	GTCR AP Finance, Inc., 8.00%, due 5/15/2027		2,644,075	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		HUB Int'l Ltd.
$	1,740,000	7.00%, due 5/1/2026	$	1,786,110	(c)
	480,000	5.63%, due 12/1/2029		471,600	(c)
				11,006,981
Investments & Misc. Financial Services 0.9%
	1,275,000	Minerva Merger Sub, Inc., 6.50%, due 2/15/2030		1,271,812	(c)(j)
	280,000	MoneyGram Int'l, Inc., 5.38%, due 8/1/2026		288,375	(c)
				1,560,187
Machinery 1.8%
	630,000	Harsco Corp., 5.75%, due 7/31/2027		637,932	(c)
	730,000	Terex Corp., 5.00%, due 5/15/2029		724,087	(c)
	1,332,000	TK Elevator Holdco GmbH, 7.63%, due 7/15/2028		1,401,930	(c)
	360,000	Vertical U.S. Newco, Inc., 5.25%, due 7/15/2027		364,500	(c)
				3,128,449
Managed Care 2.1%
	880,000	Molina Healthcare, Inc., 3.88%, due 5/15/2032		849,200	(c)
		MPH Acquisition Holdings LLC
	620,000	5.50%, due 9/1/2028		595,355	(c)
	2,345,000	5.75%, due 11/1/2028		2,109,867	(c)(e)
				3,554,422
Media Content 2.1%
	1,070,000	Lions Gate Capital Holdings LLC, 5.50%, due 4/15/2029		1,063,441	(c)
		Sirius XM Radio, Inc.
	1,855,000	5.50%, due 7/1/2029		1,925,091	(c)
	690,000	3.88%, due 9/1/2031		638,250	(c)
				3,626,782
Medical Products 0.9%
		Mozart Debt Merger Sub, Inc.
	625,000	3.88%, due 4/1/2029		602,313	(c)
	955,000	5.25%, due 10/1/2029		928,737	(c)
				1,531,050
Metals - Mining Excluding Steel 3.4%
	2,080,000	Century Aluminum Co., 7.50%, due 4/1/2028		2,204,800	(c)(e)
		First Quantum Minerals Ltd.
	1,585,000	6.88%, due 3/1/2026		1,636,513	(c)
	1,020,000	6.88%, due 10/15/2027		1,083,750	(c)
		Hudbay Minerals, Inc.
	415,000	4.50%, due 4/1/2026		408,534	(c)
	560,000	6.13%, due 4/1/2029		582,400	(c)
				5,915,997
Oil Field Equipment & Services 1.6%
	840,000	Archrock Partners L.P./Archrock Partners Finance Corp., 6.25%, due 4/1/2028		843,327	(c)
	635,000	Nabors Industries, Inc., 7.38%, due 5/15/2027		651,599	(c)
	347,000	TechnipFMC PLC, 6.50%, due 2/1/2026		363,138	(c)
	890,000	USA Compression Partners L.P./USA Compression Finance Corp., 6.88%, due 4/1/2026		903,688
				2,761,752
Packaging 1.7%
	525,000	Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, due 9/15/2028		522,375	(c)
	410,000	Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc., 4.38%, due 10/15/2028		392,575	(c)
	1,270,000	Trident TPI Holdings, Inc., 9.25%, due 8/1/2024		1,311,275	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
$	690,000	Trivium Packaging Finance BV, 8.50%, due 8/15/2027	$	711,666	(c)
				2,937,891
Personal & Household Products 0.5%
	335,000	Diamond BC BV, 4.63%, due 10/1/2029		314,076	(c)
	575,000	Energizer Holdings, Inc., 4.75%, due 6/15/2028		560,625	(c)
				874,701
Pharmaceuticals 1.2%
	305,000	Bausch Health Cos., Inc., 5.25%, due 2/15/2031		242,782	(c)
	335,000	Grifols Escrow Issuer SA, 4.75%, due 10/15/2028		332,970	(c)
	590,000	Organon & Co./Organon Foreign Debt Co-Issuer BV, 5.13%, due 4/30/2031		590,000	(c)
	858,000	Valeant Pharmaceuticals Int'l, Inc., 6.13%, due 4/15/2025		874,516	(c)
				2,040,268
Rail 0.3%
	525,000	Watco Cos. LLC/Watco Finance Corp., 6.50%, due 6/15/2027		543,375	(c)
Real Estate Development & Management 2.4%
		Realogy Group LLC/Realogy Co-Issuer Corp.
	505,000	7.63%, due 6/15/2025		535,704	(c)
	675,000	9.38%, due 4/1/2027		730,823	(c)
	1,646,000	5.75%, due 1/15/2029		1,616,866	(c)
	1,225,000	5.25%, due 4/15/2030		1,172,937	(c)
				4,056,330
Real Estate Investment Trusts 9.4%
	1,250,000	American Finance Trust, Inc./American Finance Operating Partner L.P., 4.50%, due 9/30/2028		1,212,500	(c)
		EPR Properties
	430,000	4.50%, due 6/1/2027		443,598
	535,000	4.95%, due 4/15/2028		562,805
	305,000	3.75%, due 8/15/2029		298,258
		Hospitality Properties Trust
	142,000	4.65%, due 3/15/2024		138,095
	683,000	4.35%, due 10/1/2024		652,402
	300,000	4.95%, due 2/15/2027		279,000	(e)
	115,000	3.95%, due 1/15/2028		101,200
	325,000	4.38%, due 2/15/2030		279,500
		Iron Mountain, Inc.
	2,605,000	5.25%, due 3/15/2028		2,642,929	(c)
	245,000	5.00%, due 7/15/2028		244,632	(c)
	2,120,000	4.88%, due 9/15/2029		2,092,758	(c)
	905,000	5.63%, due 7/15/2032		914,887	(c)
	1,345,000	RHP Hotel Properties L.P./RHP Finance Corp., 4.75%, due 10/15/2027		1,324,559
	650,000	RLJ Lodging Trust L.P., 4.00%, due 9/15/2029		612,625	(c)
	1,285,000	Uniti Group L.P./Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.88%, due 2/15/2025		1,338,327	(c)
	2,740,000	Uniti Group L.P./Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, due 2/15/2029		2,592,013	(c)
	361,000	VICI Properties L.P./VICI Note Co., Inc., 4.25%, due 12/1/2026		365,061	(c)
				16,095,149
Recreation & Travel 5.7%
		Carnival Corp.
	205,000	7.63%, due 3/1/2026		209,100	(c)
	1,485,000	5.75%, due 3/1/2027		1,424,412	(c)
	1,095,000	9.88%, due 8/1/2027		1,227,769	(c)
	1,005,000	Cedar Fair L.P./Canada's Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, due 5/1/2025		1,035,150	(c)
	900,000	Motion Bondco Designated Activity Co., 6.63%, due 11/15/2027		897,750	(c)(e)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
$	740,000	NCL Corp. Ltd., 5.88%, due 3/15/2026	$	704,850	(c)
	1,085,000	NCL Finance Ltd., 6.13%, due 3/15/2028		1,026,084	(c)
	1,195,000	Royal Caribbean Cruises Ltd., 5.50%, due 4/1/2028		1,159,497	(c)
	1,175,000	SeaWorld Parks & Entertainment, Inc., 5.25%, due 8/15/2029		1,144,814	(c)
	925,000	Six Flags Theme Parks, Inc., 7.00%, due 7/1/2025		964,312	(c)
				9,793,738
Software - Services 2.4%
	530,000	Ahead DB Holdings LLC, 6.63%, due 5/1/2028		513,125	(c)
	975,000	Endurance Acquisition Merger Sub, 6.00%, due 2/15/2029		867,750	(c)
	645,000	Open Text Corp., 3.88%, due 12/1/2029		619,445	(c)
	435,000	Open Text Holdings, Inc., 4.13%, due 12/1/2031		419,775	(c)
	925,000	Presidio Holdings, Inc., 8.25%, due 2/1/2028		976,615	(c)
	820,000	Rackspace Technology Global, Inc., 5.38%, due 12/1/2028		764,650	(c)(e)
				4,161,360
Specialty Retail 4.1%
		Asbury Automotive Group, Inc.
	275,000	4.63%, due 11/15/2029		270,605	(c)
	185,000	5.00%, due 2/15/2032		183,551	(c)
		Carvana Co.
	1,045,000	5.63%, due 10/1/2025		991,423	(c)
	2,110,000	5.50%, due 4/15/2027		1,965,254	(c)
	865,000	4.88%, due 9/1/2029		768,890	(c)
	640,000	Crocs, Inc., 4.13%, due 8/15/2031		571,200	(c)
		Gap, Inc.
	265,000	3.63%, due 10/1/2029		246,503	(c)
	310,000	3.88%, due 10/1/2031		287,686	(c)
	645,000	L Brands, Inc., 6.63%, due 10/1/2030		692,208	(c)
	720,000	LCM Investments Holdings II LLC, 4.88%, due 5/1/2029		693,454	(c)
	365,000	Petsmart, Inc./Petsmart Finance Corp., 4.75%, due 2/15/2028		363,987	(c)
				7,034,761
Steel Producers - Products 1.0%
		Allegheny Technologies, Inc.
	420,000	4.88%, due 10/1/2029		412,369	(e)
	190,000	5.13%, due 10/1/2031		186,038	(e)
	409,000	Joseph T Ryerson & Son, Inc., 8.50%, due 8/1/2028		440,697	(c)
	670,000	TMS Int'l Corp., 6.25%, due 4/15/2029		646,550	(c)
				1,685,654
Support - Services 14.4%
	830,000	Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.00%, due 6/1/2029		786,761	(c)(e)
		Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l.
	565,000	4.63%, due 6/1/2028		542,507	(c)
	415,000	4.63%, due 6/1/2028		392,270	(c)
		APX Group, Inc.
	2,090,000	6.75%, due 2/15/2027		2,146,284	(c)
	855,000	5.75%, due 7/15/2029		804,204	(c)
		Aramark Services, Inc.
	1,660,000	6.38%, due 5/1/2025		1,720,175	(c)
	630,000	5.00%, due 2/1/2028		625,275	(c)
	1,405,000	BCPE Empire Holdings, Inc., 7.63%, due 5/1/2027		1,405,000	(c)
	530,000	Clarivate Science Holdings Corp., 4.88%, due 7/1/2029		504,825	(c)
	880,000	Garda World Security Corp., 6.00%, due 6/1/2029		826,153	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		Hertz Corp.
$	335,000	4.63%, due 12/1/2026	$	325,017	(c)
	585,000	5.00%, due 12/1/2029		563,297	(c)
	785,000	IAA Spinco, Inc., 5.50%, due 6/15/2027		805,614	(c)
	2,260,000	KAR Auction Services, Inc., 5.13%, due 6/1/2025		2,260,000	(c)
	530,000	Korn/Ferry Int'l, 4.63%, due 12/15/2027		539,938	(c)
		McGraw-Hill Ed., Inc.
	675,000	5.75%, due 8/1/2028		641,250	(c)
	445,000	8.00%, due 8/1/2029		416,075	(c)
		Nielsen Finance LLC/Nielsen Finance Co.
	1,755,000	5.63%, due 10/1/2028		1,752,192	(c)
	970,000	5.88%, due 10/1/2030		971,775	(c)
	320,000	PECF USS Intermediate Holding III Corp., 8.00%, due 11/15/2029		323,200	(c)
		Prime Security Services Borrower LLC/Prime Finance, Inc.
	345,000	5.75%, due 4/15/2026		357,558	(c)
	990,000	6.25%, due 1/15/2028		986,104	(c)
	270,000	Ritchie Bros Holdings, Inc., 4.75%, due 12/15/2031		271,944	(c)
		SRS Distribution, Inc.
	475,000	4.63%, due 7/1/2028		459,118	(c)
	265,000	6.13%, due 7/1/2029		259,700	(c)(e)
	505,000	Summer BC Bidco B LLC, 5.50%, due 10/31/2026		494,395	(c)
	1,630,000	United Rentals N.A., Inc., 3.75%, due 1/15/2032		1,572,339
	735,000	Univar Solutions USA, Inc., 5.13%, due 12/1/2027		747,863	(c)
	860,000	White Cap Buyer LLC, 6.88%, due 10/15/2028		882,377	(c)
	380,000	ZipRecruiter, Inc., 5.00%, due 1/15/2030		375,843	(c)
				24,759,053
Technology Hardware & Equipment 2.8%
	925,000	CommScope Finance LLC, 8.25%, due 3/1/2027		905,001	(c)
		CommScope Technologies LLC
	1,354,000	6.00%, due 6/15/2025		1,318,811	(c)
	1,375,000	5.00%, due 3/15/2027		1,224,479	(c)(e)
		CommScope, Inc.
	660,000	7.13%, due 7/1/2028		615,450	(c)
	305,000	4.75%, due 9/1/2029		292,169	(c)
	545,000	Imola Merger Corp., 4.75%, due 5/15/2029		530,269	(c)
				4,886,179
Telecom - Wireline Integrated & Services 12.5%
	2,355,000	Altice France Holding SA, 6.00%, due 2/15/2028		2,149,291	(c)
		Altice France SA
	1,960,000	8.13%, due 2/1/2027		2,072,916	(c)
	675,000	5.50%, due 1/15/2028		643,882	(c)
		Consolidated Communications, Inc.
	540,000	5.00%, due 10/1/2028		523,233	(c)(e)
	500,000	6.50%, due 10/1/2028		514,850	(c)
		Frontier Communications Corp.
	3,215,000	5.88%, due 10/15/2027		3,310,485	(c)
	235,000	6.75%, due 5/1/2029		235,588	(c)
	1,145,000	5.88%, due 11/1/2029		1,102,417
	650,000	6.00%, due 1/15/2030		627,380	(c)
		Iliad Holding SASU
	250,000	6.50%, due 10/15/2026		253,158	(c)
	225,000	7.00%, due 10/15/2028		228,737	(c)

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

PRINCIPAL AMOUNT			VALUE
		Level 3 Financing, Inc.
$	1,845,000	4.63%, due 9/15/2027	$	1,835,959	(c)
	1,395,000	3.75%, due 7/15/2029		1,272,937	(c)
		Lumen Technologies, Inc.
	1,340,000	4.50%, due 1/15/2029		1,227,949	(c)
	1,275,000	5.38%, due 6/15/2029		1,208,815	(c)
		Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.
	615,000	6.00%, due 2/15/2028		578,285	(c)(e)
	375,000	10.75%, due 6/1/2028		407,198	(c)
	800,000	Virgin Media Finance PLC, 5.00%, due 7/15/2030		754,080	(c)
	2,115,000	Virgin Media Vendor Financing Notes IV Designated Activity Co., 5.00%, due 7/15/2028		1,993,387	(c)
	645,000	Zayo Group Holdings, Inc., 6.13%, due 3/1/2028		608,493	(c)
				21,549,040
Theaters & Entertainment 1.7%
	230,000	Lindblad Expeditions LLC, 6.75%, due 2/15/2027		231,849	(c)(j)
		Live Nation Entertainment, Inc.
	655,000	6.50%, due 5/15/2027		704,990	(c)
	1,930,000	4.75%, due 10/15/2027		1,901,542	(c)
				2,838,381
		Total Corporate Bonds (Cost $249,903,149)		245,748,574
Convertible Bonds 1.2%
Media 1.2%
	2,242,000	DISH Network Corp., 3.38%, due 8/15/2026 (Cost $2,071,157)		2,086,830
Asset-Backed Securities 4.2%
	500,000	AIG CLO Ltd., Ser. 2019-2A, Class ER, (3M USD LIBOR + 6.40%), 6.66%, due 10/25/2033		495,126	(a)(c)
	500,000	Ares LIV CLO Ltd., Ser. 2019-54A, Class E, (3M USD LIBOR + 7.34%), 7.58%, due 10/15/2032		501,170	(a)(c)
	500,000	Balboa Bay Loan Funding Ltd., Ser. 2021-2A, Class E, (3M USD LIBOR + 6.60%), 6.81%, due 1/20/2035		492,730	(a)(c)
	250,000	Barings CLO Ltd., Ser. 2017-1A, Class E, (3M USD LIBOR + 6.00%), 6.24%, due 7/18/2029		248,072	(a)(c)
	500,000	Carlyle U.S. CLO Ltd., Ser. 2020-2A, Class DR, (3M USD LIBOR + 6.70%), 6.96%, due 1/25/2035		495,105	(a)(c)
	500,000	Catskill Park CLO Ltd., Ser. 2017-1A, Class D, (3M USD LIBOR + 6.00%), 6.25%, due 4/20/2029		495,151	(a)(c)
	350,000	Cedar Funding X CLO Ltd., Ser. 2019-10A, Class ER, (3M USD LIBOR + 6.50%), 6.75%, due 10/20/2032		349,989	(a)(c)
	250,000	Crown City CLO II, Ser. 2020-2A, Class D, (3M USD LIBOR + 7.17%), 7.42%, due 1/20/2032		250,634	(a)(c)
	250,000	Galaxy XXIV CLO Ltd., Ser. 2017-24A, Class E, (3M USD LIBOR + 5.50%), 5.74%, due 1/15/2031		238,525	(a)(c)
	1,000,000	Magnetite XV Ltd., Ser. 2015-15A, Class ER, (3M USD LIBOR + 5.20%), 5.46%, due 7/25/2031		956,237	(a)(c)
	500,000	OCP CLO Ltd., Ser. 2019-17A, Class ER, (3M USD LIBOR + 6.50%), 6.75%, due 7/20/2032		499,004	(a)(c)
	1,000,000	Octagon Investment Partners 48 Ltd., Ser. 2020-3A, Class ER, (3M USD LIBOR + 6.70%), 6.83%, due 10/20/2034		990,253	(a)(c)
	1,000,000	Parallel 2021-2 Ltd., Ser. 2021-2A, Class D, (3M USD LIBOR + 7.20%), 7.32%, due 10/20/2034		968,266	(a)(c)
	250,000	Voya CLO Ltd., Ser. 2019-2A, Class E, (3M USD LIBOR + 6.60%), 6.85%, due 7/20/2032		248,718	(a)(c)
		Total Asset-Backed Securities (Cost $7,100,705)		7,228,980

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

NUMBER OF SHARES			VALUE
Short-Term Investments 6.2%
Investment Companies 6.2%
	710,015	State Street Institutional U.S. Government Money Market Fund Premier Class, 0.03%(k)	$	710,015	(d)
	9,871,495	State Street Navigator Securities Lending Government Money Market Portfolio, 0.04%(k)		9,871,495	(l)
		Total Short-Term Investments (Cost $10,581,510)		10,581,510
		Total Investments 158.3% (Cost $276,251,799)		272,253,760
		Liabilities Less Other Assets (14.1)%		(24,229,293	)(m)
		Liquidation Preference of Mandatory Redeemable Preferred Shares (44.2)%		(76,000,000	)
		Net Assets Applicable to Common Stockholders 100.0%	$	172,024,467

(a)	Variable or floating rate security. The interest rate shown was the current rate as of January 31, 2022 and changes periodically.
(b)	The stated interest rates represent the range of rates at January 31, 2022 of the underlying contracts within the Loan Assignment.
(c)	Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and, unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At January 31, 2022, these securities amounted to $219,275,004, which represents 127.5% of net assets applicable to common stockholders of the Fund.
(d)	All or a portion of this security is segregated in connection with obligations for swap contracts and/or when-issued securities with a total value of $2,030,021.
(e)	The security or a portion of this security is on loan at January 31, 2022. Total value of all such securities at January 31, 2022 amounted to $9,690,530 for the Fund.
(f)	Security issued at a fixed coupon rate, which converts to a variable rate at a future date. Rate shown is the rate in effect as of period end.
(g)	Payment-in-kind (PIK) security.
(h)	Perpetual security. Perpetual securities have no stated maturity date, but they may be called/redeemed by the issuer. The date shown reflects the next call date.
(i)	Step Bond. Coupon rate is a fixed rate for an initial period that either resets at a specific date or may reset in the future contingent upon a predetermined trigger. The interest rate shown was the current rate as of January 31, 2022.
(j)	When-issued security. Total value of all such securities at January 31, 2022 amounted to $1,956,704, which represents 1.1% of net assets applicable to common stockholders of the Fund.
(k)	Represents 7-day effective yield as of January 31, 2022.
(l)	Represents investment of cash collateral received from securities lending.
(m)	Includes the impact of the Fund's open positions in derivatives at January 31, 2022.

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

POSITIONS BY COUNTRY

Country	Investments at Value			Percentage of Net Assets
United States	$	228,972,213			133.1	%
Cayman Islands		9,792,892			5.7	%
Canada		5,787,353			3.4	%
United Kingdom		4,231,150			2.5	%
France		3,198,693			1.9	%
Zambia		2,720,263			1.6	%
Luxembourg		2,149,291			1.2	%
Germany		1,766,430			1.0	%
Ireland		765,386			0.4	%
Netherlands		711,666			0.4	%
Switzerland		660,844			0.4	%
Finland		583,099			0.3	%
Spain		332,970			0.2	%
Liquidation Preference of Mandatory Redeemable Preferred Shares		(76,000,000	)		(44.2	)%
Short-Term Investments and Other Liabilities-Net		(13,647,783	)		(7.9	)%
	$	172,024,467			100.0	%

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

Derivative Instruments

Interest rate swap contracts ("interest rate swaps")

At January 31, 2022, the Fund had outstanding interest rate swaps as follows:

Centrally cleared interest rate swaps

Clearinghouse	Notional Amount		Fund Receives/Pays Floating Rate	Floating Rate Index	Annual Fixed-Rate			Frequency of Fund Receipt/ Payment	Maturity Date	Unrealized Appreciation/ (Depreciation)		Accrued Net Interest Receivable/ (Payable)			Value
CME	USD	25,000,000	Receive	3M LIBOR		0.29	%	3M/6M	6/21/2023	$	267,626	$	(1,812	)	$	265,814
CME	USD	20,000,000	Receive	3M LIBOR		0.33	%	3M/6M	7/3/2023		208,512		(1,675	)		206,837
Total										$	476,138	$	(3,487	)	$	472,651

At January 31, 2022, the Fund had $341,000 deposited in a segregated account to cover margin requirements for centrally cleared swaps.

See Notes to Schedule of Investments

Schedule of Investments High Yield Strategies Fund Inc.^

(Unaudited) (cont’d)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of January 31, 2022:

Asset Valuation Inputs	Level 1		Level 2		Level 3		Total
Investments:
Loan Assignments(a)	$	—	$	6,607,866	$	—	$	6,607,866
Corporate Bonds(a)		—		245,748,574		—		245,748,574
Convertible Bonds(a)		—		2,086,830		—		2,086,830
Asset-Backed Securities		—		7,228,980		—		7,228,980
Short-Term Investments		—		10,581,510		—		10,581,510
Total Investments	$	—	$	272,253,760	$	—	$	272,253,760

^(a) The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's derivatives as of January 31, 2022:

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Swaps
Assets	$	—	$	472,651	$	—	$	472,651
Total	$	—	$	472,651	$	—	$	472,651

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

January 31, 2022

Notes to Schedule of Investments High Yield Strategies Fund Inc.

(Unaudited)

In accordance with Accounting Standards Codification 820 “Fair Value Measurement” (“ASC 820”), all investments held by Neuberger Berman High Yield Strategies Fund Inc. (the “Fund”) are carried at the value that Neuberger Berman Investment Advisers LLC ("Management") believes the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Fund's investments, some of which are discussed below. Significant Management judgment may be necessary to value investments in accordance with ASC 820.

ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

• Level 1 – unadjusted quoted prices in active markets for identical investments

• Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)

• Level 3 – unobservable inputs (including a Fund's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.

The value of the Fund’s investments in debt securities is determined by Management primarily by obtaining valuations from independent pricing services based on readily available bid quotations, or if quotations are not available, by methods which include various considerations based on security type (generally Level 2 inputs). In addition to the consideration of yields or prices of securities of comparable quality, coupon, maturity and type, indications as to values from dealers, and general market conditions, the following is a description of other Level 2 inputs and related valuation techniques used by independent pricing services to value certain types of debt securities held by the Fund:

Corporate Bonds. Inputs used to value corporate debt securities generally include relative credit information, observed market movements, sector news, U.S. Treasury yield curve or relevant benchmark curve, and other market information, which may include benchmark yield curves, reported trades, broker-dealer quotes, issuer spreads, comparable securities, and reference data, such as market research publications, when available ("Other Market Information").

Asset-Backed Securities. Inputs used to value asset-backed securities generally include models that consider a number of factors, which may include the following: prepayment speeds, cash flows, spread adjustments and Other Market Information.

Convertible Bonds. Inputs used to value convertible bonds generally include underlying stock data, conversion rates, credit specific details, relative listed bond and preferred stock prices and Other Market Information, which may include benchmark yield curves, reported trades, broker-dealer quotes, issuer spreads, comparable securities, and reference data, such as market research publications, when available.

High Yield Securities. Inputs used to value high yield securities generally include a number of observations of equity and credit default swap curves related to the issuer and Other Market Information.

The value of loan assignments is determined by Management primarily by obtaining valuations from independent pricing services based on broker quotes (generally Level 2 or Level 3 inputs depending on the number of quotes available).

The value of interest rate swaps is determined by Management primarily by obtaining valuations from independent pricing services based on references to the underlying rates including the local overnight index swap rate and the respective interbank offered forward rate to produce the daily price. The present value is calculated based off of expected cash flows based on swap parameters along with reference to the underlying yield curve and reference rate (Level 2 inputs).

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

Investments in non-exchange traded investment companies with a readily determinable fair value are valued using the respective fund's daily calculated net asset value per share (Level 2 inputs).

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount the Fund might reasonably expect to receive on a current sale in an orderly transaction, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not readily available, the security is valued using methods the Fund's Board of Directors has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Inputs and assumptions considered in determining the fair value of a security based on Level 2 or Level 3 inputs may include, but are not limited to, the type of the security; the initial cost of the security; the existence of any contractual restrictions on the security's disposition; the price and extent of public trading in similar securities of the issuer or of comparable companies; quotations or evaluated prices from broker-dealers and/or pricing services; information obtained from the issuer and/or analysts; an analysis of the company's or issuer's financial statements; an evaluation of the inputs that influence the issuer and the market(s) in which the security is purchased and sold.

For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent stockholder reports.

Notes to Schedule of Investments High Yield Strategies Fund Inc.

(Unaudited) (cont’d)

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or next trades.

In December 2020, the Securities and Exchange Commission ("SEC") adopted Rule 2a-5 under the Investment Company Act of 1940, as amended (the "1940 Act") Act, which establishes requirements for determining fair value in good faith for purposes of the 1940 Act, including related oversight and reporting requirements. The rule also defines when market quotations are "readily available" for purposes of the 1940 Act, the threshold for determining whether a fund must fair value a security. The rule became effective on March 8, 2021, however, the SEC adopted an eighteen-month transition period beginning from the effective date. Management is currently evaluating the rule.

The Fund may enter into certain credit agreements all or a portion of which may be unfunded. The Fund is obligated to fund these commitments at the borrower’s discretion. As of January 31, 2022, the Fund had no outstanding unfunded loan commitments.

Other matters:

Russia’s Invasion of Ukraine: Russia’s invasion of the Ukraine, and corresponding events in late February 2022, have had, and could continue to have, severe adverse effects on regional and global economic markets for securities and commodities. Following Russia’s actions, various governments, including the United States, have issued broad-ranging economic sanctions against Russia. The current events have, and could continue to have, an adverse effect on global markets performance and liquidity, thereby negatively affecting the value of a Fund’s investments beyond any direct exposure to Russian or Ukrainian issuers. The duration of ongoing hostilities and the vast array of sanctions and related events cannot be predicted. Those events present material uncertainty and risk with respect to markets globally and the performance of a Fund and its investments or operations could be negatively impacted.

Coronavirus: The outbreak of the novel coronavirus in many countries has, among other things, disrupted global travel and supply chains, and adversely impacted global commercial activity, the transportation industry and commodity prices in the energy sector. The impact of this virus has negatively affected and may continue to affect the economies of many nations, individual companies and the global securities and commodities markets, including liquidity and volatility. The development and fluidity of this situation precludes any prediction as to its ultimate impact, which may have a continued adverse effect on global economic and market conditions. Such conditions (which may be across industries, sectors or geographies) have impacted and may continue to impact certain issuers of the securities held by the Fund and in turn, may impact the financial performance of the Fund.

For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent stockholder reports.

Notes to Schedule of Investments High Yield Strategies Fund Inc.

(Unaudited) (cont’d)

Legend

Benchmarks

LIBOR =  London Interbank Offered Rate

Currency Abbreviations:

USD = United States Dollar

Clearinghouses:

CME =  CME Group, Inc.

Index Periods/Payment Frequencies:

1M = 1 Month

3M = 3 Months

6M = 6 Months

For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent stockholder reports.