Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $7.60 and traded as low as $7.34. Neuberger Berman High Yield Strategies Fund shares last traded at $7.38, with a volume of 143,022 shares.
Neuberger Berman High Yield Strategies Fund Stock Up 0.1%
The business has a fifty day simple moving average of $7.46 and a 200-day simple moving average of $7.60.
Neuberger Berman High Yield Strategies Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid 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 14.58%.
Institutional Investors Weigh In On Neuberger Berman High Yield Strategies Fund
A number of institutional investors have recently modified their holdings of the stock. Landscape Capital Management L.L.C. boosted its position in shares of Neuberger Berman High Yield Strategies Fund by 356.6% during the first quarter. Landscape Capital Management L.L.C. now owns 47,100 shares of the investment management company's stock valued at $360,000 after buying an additional 36,785 shares during the last quarter. Invesco Ltd. boosted its position 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 buying an additional 5,529 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Neuberger Berman High Yield Strategies Fund during the first quarter valued at $199,000. Harbour Investments Inc. boosted its position in shares of Neuberger Berman High Yield Strategies Fund by 12.5% during the first quarter. Harbour Investments Inc. now owns 78,920 shares of the investment management company's stock valued at $603,000 after buying an additional 8,784 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in shares of 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 last quarter.
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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