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

Key Points

• Neuberger Berman High Yield Strategies Fund (NHS) announced a monthly dividend of $0.0905 per share, payable March 31 to holders of record on March 16, with an annualized yield of 15.6% (ex-dividend date March 16).
• Shares fell about 3.7% and opened at $6.96; the fund's 50-day and 200-day moving averages are $7.52 and $7.44, respectively, with a 12‑month range of $6.62–$7.80.
• NHS is a closed-end, fixed-income fund that primarily invests in below-investment-grade (high-yield) corporate debt issued by U.S. and select non-U.S. issuers across sectors like communications, energy, consumer goods, and industrials.

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS - Get Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Monday, March 16th will be given a dividend of 0.0905 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 15.6%. The ex-dividend date is Monday, March 16th.

Neuberger Berman High Yield Strategies Fund Stock Down 3.7%

Shares of NHS stock opened at $6.96 on Friday. The firm's 50-day moving average is $7.52 and its two-hundred day moving average is $7.44. Neuberger Berman High Yield Strategies Fund has a 12 month low of $6.62 and a 12 month high of $7.80.

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.

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