Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS - Get Free Report) declared a monthly dividend on Tuesday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0905 per share by the investment management company on Thursday, July 31st. This represents a $1.09 annualized dividend and a yield of 14.33%. The ex-dividend date is Tuesday, July 15th.
Neuberger Berman High Yield Strategies Fund Stock Down 0.1%
Shares of NYSEAMERICAN NHS traded down $0.01 during midday trading on Friday, hitting $7.58. The stock had a trading volume of 95,152 shares, compared to its average volume of 160,509. Neuberger Berman High Yield Strategies Fund has a fifty-two week low of $6.62 and a fifty-two week high of $8.67. The company's 50-day simple moving average is $7.55 and its 200 day simple moving average is $7.55.
Insider Buying and Selling
In other news, Portfolio Manager Chris Kocinski acquired 15,000 shares of Neuberger Berman High Yield Strategies Fund stock in a transaction that occurred on Thursday, May 29th. The shares were acquired at an average price of $7.44 per share, with a total value of $111,600.00. Following the purchase, the portfolio manager directly owned 15,000 shares of the company's stock, valued at $111,600. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Neuberger Berman High Yield Strategies Fund Company Profile
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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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