Neuberger Berman High Yield Strategies Fund Inc. Plans Monthly Dividend of $0.09 (NYSEAMERICAN:NHS)

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Monday, July 15th will be given a dividend of 0.0905 per share by the investment management company on Wednesday, July 31st. This represents a $1.09 annualized dividend and a yield of 13.75%. The ex-dividend date is Monday, July 15th.

Neuberger Berman High Yield Strategies Fund Trading Up 1.0 %

Shares of NHS stock traded up $0.08 on Monday, reaching $7.90. 122,912 shares of the company’s stock traded hands, compared to its average volume of 97,648. Neuberger Berman High Yield Strategies Fund has a 12-month low of $6.95 and a 12-month high of $8.40.

Neuberger Berman High Yield Strategies Fund Company Profile

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.