Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS – Get Free Report) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 15th will be given a dividend of $0.0905 per share by the investment management company on Friday, October 30th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 20.0%. The ex-dividend date is Thursday, October 15th.
Neuberger Berman High Yield Strategies Fund Price Performance
Neuberger Berman High Yield Strategies Fund stock opened at $5.42 on Thursday. Neuberger Berman High Yield Strategies Fund has a one year low of $5.37 and a one year high of $7.75. The business has a fifty day moving average of $5.88 and a two-hundred day moving average of $6.20.
About Neuberger Berman High Yield Strategies Fund
Neuberger Berman High Yield Strategies Fund is a closed-end investment fund listed on the NYSE American under the symbol NHS. The fund is managed by Neuberger Berman, an independent investment management firm, and is designed to provide investors with exposure to the high-yield, or below-investment-grade, fixed-income market.
The fund invests primarily in high-yield corporate debt securities, commonly known as “junk bonds,” and may also invest in other income-producing debt instruments.
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