Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Holdings Increased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. increased its holdings in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Free Report) by 56.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 139,369 shares of the investment management company's stock after buying an additional 50,519 shares during the period. J.W. Cole Advisors Inc. owned about 0.50% of Neuberger Berman High Yield Strategies Fund worth $1,044,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of NHS. Apollon Wealth Management LLC acquired a new position in shares of Neuberger Berman High Yield Strategies Fund in the 4th quarter valued at about $109,000. PFG Investments LLC boosted its holdings 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 valued at $343,000 after buying an additional 10,044 shares during the period. SeaCrest Wealth Management LLC lifted its position in Neuberger Berman High Yield Strategies Fund by 5.3% in 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. Finally, MRA Advisory Group lifted its position in Neuberger Berman High Yield Strategies Fund by 16.1% in the 4th quarter. MRA Advisory Group now owns 14,624 shares of the investment management company's stock valued at $110,000 after purchasing an additional 2,030 shares during the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN:NHS remained flat at $7.79 during mid-day trading on Friday. 115,636 shares of the company traded hands, compared to its average volume of 211,529. Neuberger Berman High Yield Strategies Fund Inc. has a 12-month low of $7.47 and a 12-month high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.0905 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.09 annualized dividend and a yield of 13.94%.

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.