Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.61 and traded as low as $7.47. Neuberger Berman High Yield Strategies Fund shares last traded at $7.51, with a volume of 91,304 shares traded.
Neuberger Berman High Yield Strategies Fund Trading Down 0.1%
The company has a fifty day moving average of $7.48 and a two-hundred day moving average of $7.61.
Neuberger Berman High Yield Strategies Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.0905 per share. This represents a $1.09 annualized dividend and a dividend yield of 14.80%. The ex-dividend date is Thursday, May 15th.
Institutional Trading of Neuberger Berman High Yield Strategies Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NHS. Guggenheim Capital LLC boosted its position in Neuberger Berman High Yield Strategies Fund by 2.2% during the 4th quarter. Guggenheim Capital LLC now owns 706,201 shares of the investment management company's stock worth $5,289,000 after acquiring an additional 15,184 shares during the period. Invesco Ltd. lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 2.3% during the first quarter. Invesco Ltd. now owns 250,268 shares of the investment management company's stock valued at $1,912,000 after purchasing an additional 5,529 shares during the last quarter. Wells Fargo & Company MN raised its position in Neuberger Berman High Yield Strategies Fund by 1.9% during the fourth quarter. Wells Fargo & Company MN now owns 204,481 shares of the investment management company's stock valued at $1,532,000 after buying an additional 3,719 shares during the period. J.W. Cole Advisors Inc. raised its position in Neuberger Berman High Yield Strategies Fund by 43.5% during the first quarter. J.W. Cole Advisors Inc. now owns 199,955 shares of the investment management company's stock valued at $1,528,000 after buying an additional 60,586 shares during the period. Finally, Shaker Financial Services LLC acquired a new position in Neuberger Berman High Yield Strategies Fund during the fourth quarter valued at $1,082,000.
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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