Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
OREILLY THOMAS P
  2. Issuer Name and Ticker or Trading Symbol
Neuberger Berman High Yield Strategies Fund Inc. [NHS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Portfolio Manager
(Last)
(First)
(Middle)
C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 605 THIRD AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2012
(Street)

NEW YORK, NY 10158
4. If Amendment, Date Original Filed(Month/Day/Year)
11/19/2012
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/15/2012   P   3,120 A $ 13.0131 3,120 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 06/06/2013   P   10,000 A $ 13.3522 13,120 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 07/17/2013   P   8,000 A $ 13.0012 21,120 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 09/19/2013   P   10,000 A $ 13.1101 31,120 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 07/13/2015   P   4,502 A $ 11.574 35,622 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 07/14/2015   P   5,000 A $ 11.5456 40,622 I (1) By Thomas P. O'Reilly Rev Trust
Common Stock 10/07/2015   P   5,457 A $ 10.2956 46,079 (2) I By Thomas P. O'Reilly Rev Trust
Common Stock 10/08/2015   P   14,543 A $ 10.4203 60,622 (2) I By Thomas P. O'Reilly

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
OREILLY THOMAS P
C/O NEUBERGER BERMAN INVESTMENT ADVISERS
605 THIRD AVENUE
NEW YORK, NY 10158
      Portfolio Manager  

Signatures

 /s/ Thomas P. O'Reilly by his attorney-in-fact Jennifer R. Gonzalez   04/04/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Due to clerical error, the Form 4s filed for these transactions incorrectly reported direct beneficial ownership rather than indirect beneficial ownership through Thomas P. O'Reilly Revocable Trust.
(2) Due to the clerical error referred to in footnote 1, the Form 4 filed for these transactions incorrectly reported the total number of securities indirectly beneficially owned following the reported transactions.
 
Remarks:
The Form 4 initially filed on November 19, 2012 was amended to correct the transaction date on November 30, 2012.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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