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

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) declared a monthly dividend on Friday, February 27th. Stockholders 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 dividend yield of 15.6%. The ex-dividend date of this dividend is Monday, March 16th.

Neuberger Berman High Yield Strategies Fund Stock Down 3.7%

NHS stock opened at $6.96 on Friday. The company has a 50-day simple moving average of $7.52 and a 200 day simple moving average of $7.44. Neuberger Berman High Yield Strategies Fund has a fifty-two week low of $6.62 and a fifty-two week high of $7.80.

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.