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

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0905 per share by the investment management company on Thursday, October 31st. This represents a $1.09 annualized dividend and a dividend yield of 12.91%. The ex-dividend date of this dividend is Tuesday, October 15th.

Neuberger Berman High Yield Strategies Fund Price Performance

NHS stock traded up $0.07 during midday trading on Wednesday, reaching $8.41. 122,013 shares of the company’s stock traded hands, compared to its average volume of 110,154. Neuberger Berman High Yield Strategies Fund has a 52 week low of $6.95 and a 52 week 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.