Landscape Capital Management L.L.C. Invests $77,000 in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Landscape Capital Management L.L.C. acquired a new position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,315 shares of the investment management company’s stock, valued at approximately $77,000.

Other hedge funds have also recently made changes to their positions in the company. Harbour Investments Inc. boosted its stake in Neuberger Berman High Yield Strategies Fund by 16.6% during the fourth quarter. Harbour Investments Inc. now owns 70,136 shares of the investment management company’s stock valued at $525,000 after buying an additional 9,973 shares during the last quarter. Raymond James Financial Inc. bought a new position in Neuberger Berman High Yield Strategies Fund during the fourth quarter valued at approximately $375,000. Wolverine Asset Management LLC bought a new position in Neuberger Berman High Yield Strategies Fund during the fourth quarter valued at approximately $362,000. Robinson Capital Management LLC bought a new stake in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at approximately $187,000. Finally, Truist Financial Corp bought a new stake in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at approximately $152,000.

Neuberger Berman High Yield Strategies Fund Stock Up 4.4 %

NYSEAMERICAN:NHS opened at $7.31 on Thursday. Neuberger Berman High Yield Strategies Fund Inc. has a 1 year low of $6.62 and a 1 year high of $8.67. The business has a 50 day simple moving average of $7.62 and a 200-day simple moving average of $7.63.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a $0.0905 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.09 annualized dividend and a dividend yield of 14.86%.

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.