Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS – Get Free Report) announced a monthly dividend on Wednesday, December 31st. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.0905 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.6%. The ex-dividend date of this dividend is Thursday, January 15th.
Neuberger Berman High Yield Strategies Fund Trading Up 0.3%
NYSEAMERICAN:NHS opened at $7.44 on Friday. The stock has a fifty day simple moving average of $7.30 and a 200 day simple moving average of $7.41. Neuberger Berman High Yield Strategies Fund has a 1-year low of $6.62 and a 1-year high of $7.94.
About Neuberger Berman High Yield Strategies Fund
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.
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