Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) to Issue Monthly Dividend of $0.09

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 15th will be given 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 18.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

Neuberger Berman High Yield Strategies Fund Stock Down 0.3%

NHS opened at $5.95 on Tuesday. The business’s 50 day moving average is $6.08 and its 200-day moving average is $6.49. Neuberger Berman High Yield Strategies Fund has a twelve month low of $5.91 and a twelve month high of $7.75.

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.