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

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) announced a monthly dividend on Tuesday, June 30th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0905 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 17.4%. The ex-dividend date is Wednesday, July 15th.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN NHS opened at $6.24 on Wednesday. Neuberger Berman High Yield Strategies Fund has a 1 year low of $6.06 and a 1 year high of $7.75. The company has a fifty day moving average of $6.32 and a two-hundred day moving average of $6.90.

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.