Invesco Ltd. boosted its holdings in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Free Report) by 35.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 244,739 shares of the investment management company's stock after acquiring an additional 64,119 shares during the period. Invesco Ltd. owned about 0.88% of Neuberger Berman High Yield Strategies Fund worth $1,833,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of NHS. Aristides Capital LLC purchased a new stake in Neuberger Berman High Yield Strategies Fund during the 4th quarter worth about $80,000. Wells Fargo & Company MN lifted its stake in shares of Neuberger Berman High Yield Strategies Fund by 1.9% during the 4th quarter. Wells Fargo & Company MN now owns 204,481 shares of the investment management company's stock worth $1,532,000 after purchasing an additional 3,719 shares during the period. Landscape Capital Management L.L.C. purchased a new position in Neuberger Berman High Yield Strategies Fund during the fourth quarter worth about $77,000. Harbour Investments Inc. boosted its stake in Neuberger Berman High Yield Strategies Fund by 16.6% in the 4th quarter. Harbour Investments Inc. now owns 70,136 shares of the investment management company's stock worth $525,000 after buying an additional 9,973 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at about $375,000.
Neuberger Berman High Yield Strategies Fund Trading Down 0.8 %
Shares of NHS stock traded down $0.06 during trading hours on Friday, hitting $7.62. 156,797 shares of the company were exchanged, compared to its average volume of 147,616. Neuberger Berman High Yield Strategies Fund Inc. has a 1 year low of $6.62 and a 1 year high of $8.67. The firm has a fifty day moving average of $7.54 and a 200 day moving average of $7.61.
Neuberger Berman High Yield Strategies Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.0905 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 14.25%.
Neuberger Berman High Yield Strategies Fund Company Profile
(
Free Report)
Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.
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