Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $7.67. Neuberger Berman High Yield Strategies Fund shares last traded at $7.67, with a volume of 244,652 shares traded.
Neuberger Berman High Yield Strategies Fund Price Performance
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 $0.0905 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 14.27%. The ex-dividend date of this dividend is Wednesday, January 15th.
Hedge Funds Weigh In On Neuberger Berman High Yield Strategies Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MRA Advisory Group bought a new stake in shares of Neuberger Berman High Yield Strategies Fund in the third quarter worth $109,000. B. Riley Wealth Advisors Inc. lifted its position in Neuberger Berman High Yield Strategies Fund by 20.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company's stock worth $116,000 after buying an additional 2,534 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of Neuberger Berman High Yield Strategies Fund during the 2nd quarter worth about $224,000. PFG Investments LLC grew 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 acquiring an additional 10,044 shares in the last quarter. Finally, SeaCrest Wealth Management LLC raised its holdings in Neuberger Berman High Yield Strategies Fund by 17.8% during the third quarter. SeaCrest Wealth Management LLC now owns 42,034 shares of the investment management company's stock worth $364,000 after acquiring an additional 6,346 shares in the last quarter.
About Neuberger Berman High Yield Strategies Fund
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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.
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