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

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) declared a monthly dividend on Friday, July 31st. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0905 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 17.8%. The ex-dividend date of this dividend is Monday, August 17th.

Neuberger Berman High Yield Strategies Fund Stock Performance

NHS opened at $6.09 on Friday. Neuberger Berman High Yield Strategies Fund has a 1 year low of $5.97 and a 1 year high of $7.75. The stock’s 50 day simple moving average is $6.14 and its 200 day simple moving average is $6.62.

Neuberger Berman High Yield Strategies Fund Company Profile

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.