Melfa Wealth Management Inc. Sells 10,405 Shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Melfa Wealth Management Inc. decreased its holdings in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 11.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,787 shares of the investment management company’s stock after selling 10,405 shares during the period. Melfa Wealth Management Inc.’s holdings in Neuberger Berman High Yield Strategies Fund were worth $613,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. MRA Advisory Group bought a new position in shares of Neuberger Berman High Yield Strategies Fund during the 3rd quarter worth approximately $109,000. B. Riley Wealth Advisors Inc. increased its position in shares of Neuberger Berman High Yield Strategies Fund by 20.5% during the second quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock worth $116,000 after purchasing an additional 2,534 shares in the last quarter. SeaCrest Wealth Management LLC lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 5.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 44,281 shares of the investment management company’s stock valued at $332,000 after purchasing an additional 2,247 shares during the last quarter. PFG Investments LLC boosted its position in shares of Neuberger Berman High Yield Strategies Fund by 34.1% in the 3rd quarter. PFG Investments LLC now owns 39,541 shares of the investment management company’s stock worth $343,000 after purchasing an additional 10,044 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in Neuberger Berman High Yield Strategies Fund by 210.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock valued at $770,000 after buying an additional 60,262 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Performance

Shares of NYSEAMERICAN NHS opened at $7.58 on Wednesday. Neuberger Berman High Yield Strategies Fund Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.0905 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.09 dividend on an annualized basis and a yield of 14.33%.

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.