Neuberger Berman High Yield Strategies Fund (NHS) To Go Ex-Dividend on June 15th

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) announced a monthly dividend on Friday, May 29th. Investors of record on Monday, June 15th will be given a dividend of 0.0905 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 17.2%. The ex-dividend date of this dividend is Monday, June 15th.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN:NHS remained flat at $6.33 during mid-day trading on Friday. The company’s stock had a trading volume of 97,500 shares, compared to its average volume of 205,776. The stock’s fifty day moving average price is $6.41 and its two-hundred day moving average price is $6.99. Neuberger Berman High Yield Strategies Fund has a 12-month low of $6.13 and a 12-month high of $7.75.

Neuberger Berman High Yield Strategies Fund Company Profile

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.