Harbour Investments Inc. Has $522,000 Stock Position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Harbour Investments Inc. cut its position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 6.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 60,163 shares of the investment management company’s stock after selling 3,969 shares during the quarter. Harbour Investments Inc.’s holdings in Neuberger Berman High Yield Strategies Fund were worth $522,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Cetera Advisors LLC acquired a new stake in Neuberger Berman High Yield Strategies Fund in the 1st quarter valued at approximately $263,000. SeaCrest Wealth Management LLC lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 4.2% during the second quarter. SeaCrest Wealth Management LLC now owns 35,688 shares of the investment management company’s stock worth $279,000 after buying an additional 1,448 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in shares of Neuberger Berman High Yield Strategies Fund in the second quarter valued at approximately $224,000. B. Riley Wealth Advisors Inc. grew its stake in shares of Neuberger Berman High Yield Strategies Fund by 20.5% in the second quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock worth $116,000 after acquiring an additional 2,534 shares during the last quarter. Finally, MRA Advisory Group bought a new position in Neuberger Berman High Yield Strategies Fund during the third quarter worth $109,000.

Neuberger Berman High Yield Strategies Fund Trading Down 1.6 %

NYSEAMERICAN:NHS opened at $7.71 on Friday. Neuberger Berman High Yield Strategies Fund Inc. has a one year low of $7.30 and a one year high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.0905 dividend. This represents a $1.09 annualized dividend and a dividend yield of 14.09%. The ex-dividend date is Friday, November 15th.

About Neuberger Berman High Yield Strategies Fund

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.