Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS) Stock Price Down 0.1% - What's Next?

Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS - Get Free Report)'s share price fell 0.1% during mid-day trading on Monday . The company traded as low as $7.86 and last traded at $7.87. 115,809 shares traded hands during trading, a decline of 1% from the average session volume of 116,892 shares. The stock had previously closed at $7.88.

Neuberger Berman High Yield Strategies Fund Stock Up 0.3 %

Neuberger Berman High Yield Strategies Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.0905 dividend. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Investors Weigh In On Neuberger Berman High Yield Strategies Fund

Large investors have recently bought and sold shares of the company. MRA Advisory Group purchased a new stake in Neuberger Berman High Yield Strategies Fund in the third quarter valued at $109,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Neuberger Berman High Yield Strategies Fund by 20.5% in the second 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 during the last quarter. J.W. Cole Advisors Inc. purchased a new stake in shares of Neuberger Berman High Yield Strategies Fund in the second quarter worth about $224,000. Cetera Advisors LLC acquired a new stake in Neuberger Berman High Yield Strategies Fund during the first quarter worth about $263,000. Finally, SeaCrest Wealth Management LLC raised its position in Neuberger Berman High Yield Strategies Fund by 4.2% during the second quarter. SeaCrest Wealth Management LLC now owns 35,688 shares of the investment management company's stock valued at $279,000 after acquiring an additional 1,448 shares in the last quarter.

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.