Neuberger Berman High Yield Strategies Fund (NHS) to Issue Monthly Dividend of $0.09 on September 30th

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0905 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 18.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN:NHS opened at $5.85 on Friday. Neuberger Berman High Yield Strategies Fund has a 12 month low of $5.85 and a 12 month high of $7.75. The company’s 50-day moving average price is $6.04 and its two-hundred day moving average price is $6.39.

About Neuberger Berman High Yield Strategies Fund

The Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) is a closed-end, fixed-income management investment company focused on delivering high current income with the potential for capital appreciation. The fund primarily invests in below-investment-grade corporate debt—often referred to as high-yield bonds—issued by U.S. and select non-U.S. issuers. Through a diversified portfolio of high-yield instruments, NHS aims to provide enhanced yield relative to investment-grade alternatives.

Under its investment policy, NHS allocates the majority of its assets to corporate securities spanning sectors such as communications, energy, consumer goods, and industrials.