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

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0905 per share by the investment management company on Monday, March 31st. This represents a $1.09 annualized dividend and a dividend yield of 14.12%. The ex-dividend date of this dividend is Monday, March 17th.

Neuberger Berman High Yield Strategies Fund Price Performance

Shares of Neuberger Berman High Yield Strategies Fund stock opened at $7.69 on Friday. The stock has a 50-day simple moving average of $7.60. Neuberger Berman High Yield Strategies Fund has a 1 year low of $7.47 and a 1 year high of $8.67.

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.