Neuberger Berman appoints Covode as high-yield co-portfolio manager

By Toni Weeks

San Diego, May 11 - Neuberger Berman Group LLC has appointed William "Russ" Covode as co-portfolio manager of Neuberger Berman High-Yield Strategies Fund Inc. He joins Ann Benjamin and Thomas O'Reilly in the day-to-day management of the fund.

Covode, a managing director of Neuberger Berman Management LLC and Neuberger Berman Fixed-Income LLC, has more than 17 years of industry experience related to high-yield fixed-income securities.

New York-based Neuberger Berman is an asset management company.

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