William “Russ” Covode was named co-portfolio manager on the Neuberger Berman High Yield Strategies Fund.
He joins co-portfolio managers Ann Benjamin and Thomas O’Reilly, according to a Neuberger Berman Group news release.
Mr. Covode is a managing director of Neuberger Berman Management and Neuberger Berman Fixed Income. He will retain his current responsibilities.
Mr. Covode could not immediately be reached for comment.
Neuberger Berman Group had $199 billion in assets under management as of March 31.