Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) Declares $0.09 Monthly Dividend

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) declared a monthly dividend on Friday, January 30th. Stockholders of record on Tuesday, February 17th will be given a dividend of 0.0905 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Tuesday, February 17th.

Neuberger Berman High Yield Strategies Fund Trading Up 1.4%

Shares of NYSEAMERICAN NHS opened at $7.73 on Friday. Neuberger Berman High Yield Strategies Fund has a fifty-two week low of $6.62 and a fifty-two week high of $7.94. The stock has a fifty day moving average of $7.39 and a 200-day moving average of $7.41.

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.