Neuberger Berman High Yield Strategies Fund (NHS) to Distribute Monthly Dividend of $0.09 on July 31st

Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) declared 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 of this dividend is Wednesday, July 15th.

Neuberger Berman High Yield Strategies Fund Price Performance

NHS stock opened at $6.23 on Monday. Neuberger Berman High Yield Strategies Fund has a 12-month low of $6.06 and a 12-month high of $7.75. The stock’s 50 day simple moving average is $6.29 and its 200 day simple moving average is $6.84.

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.