Neuberger Berman High Yield Strategies Fund (NHS) to Issue Monthly Dividend of $0.09 on May 29th

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) announced a monthly dividend on Thursday, April 30th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0905 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 16.9%. The ex-dividend date of this dividend is Friday, May 15th.

Neuberger Berman High Yield Strategies Fund Price Performance

Shares of NHS opened at $6.44 on Wednesday. The firm has a 50-day moving average of $6.71 and a 200-day moving average of $7.16. Neuberger Berman High Yield Strategies Fund has a one year low of $6.26 and a one year 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.