Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.55 and traded as low as $5.93. Neuberger Berman High Yield Strategies Fund shares last traded at $5.96, with a volume of 177,062 shares trading hands.
Neuberger Berman High Yield Strategies Fund Trading Up 0.2%
The stock's fifty day moving average price is $6.10 and its 200-day moving average price is $6.55.
Neuberger Berman High Yield Strategies Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.0905 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 18.2%.
Institutional Investors Weigh In On Neuberger Berman High Yield Strategies Fund
Several institutional investors have recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in Neuberger Berman High Yield Strategies Fund in the second quarter worth $113,000. Invesco Ltd. raised its holdings in Neuberger Berman High Yield Strategies Fund by 3.5% during the second quarter. Invesco Ltd. now owns 258,944 shares of the investment management company's stock valued at $1,963,000 after buying an additional 8,676 shares in the last quarter. Balyasny Asset Management L.P. bought a new position in Neuberger Berman High Yield Strategies Fund during the second quarter valued at about $338,000. Osaic Holdings Inc. lifted its position in shares of Neuberger Berman High Yield Strategies Fund by 112.6% in the second quarter. Osaic Holdings Inc. now owns 30,819 shares of the investment management company's stock worth $234,000 after buying an additional 16,324 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in shares of Neuberger Berman High Yield Strategies Fund by 14.0% in the third quarter. SeaCrest Wealth Management LLC now owns 42,369 shares of the investment management company's stock worth $322,000 after buying an additional 5,219 shares during the last quarter.
About Neuberger Berman High Yield Strategies Fund
(
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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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