STOCK TITAN

Neuberger Berman High Yield Strategies Fund Inc. - NHS STOCK NEWS

Welcome to our dedicated page for Neuberger Berman High Yield Strategies Fund news (Ticker: NHS), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman High Yield Strategies Fund stock.

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) is a closed-end management investment company managed by Neuberger Berman, a prominent, employee-owned, private investment firm established in 1939. With a presence in 26 countries, the firm boasts over 2,800 professionals dedicated to delivering long-term investment results through active management, fundamental research, and engaged ownership.

The primary objective of the Fund is to invest the majority of its total assets in high yield debt securities, also known as junk bonds, from both U.S. and foreign issuers. This strategy aims to generate high income for its investors while managing the associated risks through diversified holdings.

The Fund has recently announced a series of monthly distributions of $0.0905 per share, adhering to a level distribution policy. These payments, expected to continue subject to market conditions, may consist of net investment income, realized capital gains, and return of capital. The Fund's ability to maintain these distributions depends on various factors, such as income stability from investments, leverage costs, and overall expenses.

Neuberger Berman, the investment manager for the Fund, manages a broad spectrum of strategies, including equity, fixed income, private equity, real estate, and hedge funds, catering to global institutions, advisors, and individual investors. The firm's commitment to environmental, social, and governance (ESG) factors has earned it the distinction of being a PRI Leader, an honor awarded to fewer than 1% of investment firms.

Highlighted for its exemplary workplace culture, Neuberger Berman has been named the top firm in Pensions & Investments' Best Places to Work in Money Management survey for ten consecutive years among firms with over 1,000 employees. As of March 31, 2024, the firm manages $474 billion in client assets.

For more detailed information, investors are encouraged to refer to the official notices and announcements distributed by the Fund, which include estimates of distribution sources and tax characteristics, ensuring transparency and compliance with regulatory requirements.

Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) announced a monthly distribution of $0.0905 per share of common stock, payable on July 31, 2024. The record and ex-date for the distribution is July 15, 2024. This distribution is part of the Fund's level distribution policy, aiming to make regular monthly distributions of $0.0905 per share, subject to market conditions.

The ability to maintain the current distribution rate depends on factors such as income stability from investments, leverage costs, and other fund expenses. The distribution may include net investment income, net realized capital gains, and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, any distribution not solely from net investment income will include a notice with estimated portions of the distribution.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) announced a monthly distribution of $0.0905 per share, payable on June 28, 2024, with a record date of June 17, 2024, and an ex-date of June 17, 2024.

The Fund aims to maintain regular monthly distributions of $0.0905 per share, contingent on market conditions, income stability from investments, leverage costs, and other expenses. Distributions may include net investment income, capital gains, and return of capital.

The Fund will provide notices for distributions that do not solely consist of net investment income, adhering to Section 19 of the Investment Company Act of 1940. These notices are informational and not for tax reporting, with final determinations made at year-end.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share of common stock, payable on May 31, 2024. The Fund aims to maintain regular monthly distributions, subject to market conditions. The distribution may include net investment income, net realized capital gains, and return of capital. However, there is no guarantee of a particular distribution amount being maintained.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
none
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NHS) declares a distribution of $0.0905 per share of common stock payable on April 30, 2024. The Fund aims to maintain regular monthly distributions, subject to market conditions and various factors affecting income stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
none
-
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NHS) declares a distribution of $0.0905 per share of common stock payable on March 28, 2024. The Fund aims to maintain regular monthly distributions under its level distribution policy, subject to market conditions. The ability to sustain the distribution rate depends on various factors, including income from investments, leverage costs, and Fund fees. Distributions may include net investment income, capital gains, and return of capital, with appropriate disclosures as per regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
none
-
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NHS) has declared a distribution of $0.0905 per share of common stock, payable on February 29, 2024, with a record date of February 15, 2024, and an ex-date of February 14, 2024. The Fund anticipates maintaining a monthly distribution of $0.0905 per share, subject to market conditions. The ability to sustain this distribution rate depends on factors such as income from investments, leverage costs, and Fund fees. The distribution may consist of net investment income, capital gains, and return of capital. Compliance with the Investment Company Act of 1940 will be ensured, and the tax characteristics of distributions paid in 2024 will be determined at the end of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NHS) has declared a distribution of $0.0905 per share of common stock, payable on January 31, 2024. The Fund anticipates making regular monthly distributions, subject to market conditions. The ability to maintain this distribution rate depends on various factors, including income from investments, leverage costs, and Fund fees. The distribution may consist of net investment income, net realized capital gains, and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2024 will be made after the end of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NHS) has declared a distribution of $0.0905 per share of common stock, payable on December 29, 2023, with a record date of December 15, 2023, and an ex-date of December 14, 2023. The Fund anticipates maintaining this distribution rate, subject to market conditions and factors such as income from investments, leverage costs, and Fund fees. However, there is no guarantee of a consistent distribution amount, and future distributions may include net investment income, net realized capital gains, and return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
none
-
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has announced a distribution declaration of $0.0905 per share of common stock. The distribution is payable on November 30, 2023, with a record date of November 15, 2023, and an ex-date of November 14, 2023. The Fund plans to make regular monthly distributions of $0.0905 per share, subject to market conditions. The ability to maintain the current distribution rate depends on factors such as income from investments, leverage costs, and Fund fees and expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
Rhea-AI Summary
Neuberger Berman High Yield Strategies Fund Inc. declares a distribution of $0.0905 per share of common stock, payable on October 31, 2023. Monthly distributions subject to market conditions. No assurance of distribution amount or composition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the primary investment objective of Neuberger Berman High Yield Strategies Fund Inc.?

The Fund aims to invest a majority of its total assets in high yield debt securities from U.S. and foreign issuers to generate high income.

How often does the Fund pay distributions?

The Fund pays monthly distributions of $0.0905 per share of common stock, subject to market conditions.

What factors influence the Fund's ability to maintain its distribution rate?

Factors include income stability from investments, leverage costs, and overall Fund fees and expenses.

Who manages Neuberger Berman High Yield Strategies Fund Inc.?

The Fund is managed by Neuberger Berman, an employee-owned, private investment manager founded in 1939.

What types of strategies does Neuberger Berman manage?

Neuberger Berman manages strategies across equity, fixed income, private equity, real estate, and hedge funds.

What is Neuberger Berman's approach to investment management?

The firm's approach is based on active management, fundamental research, and engaged ownership, with a strong focus on ESG factors.

How many professionals are part of Neuberger Berman?

As of the latest data, Neuberger Berman has over 2,800 professionals.

What recognition has Neuberger Berman received for its workplace culture?

The firm has been named the top firm in Pensions & Investments' Best Places to Work in Money Management survey for ten consecutive years among firms with over 1,000 employees.

What is the total client assets managed by Neuberger Berman?

As of March 31, 2024, Neuberger Berman manages $474 billion in client assets.

How does the Fund ensure transparency in its distributions?

The Fund issues notices with estimated distribution sources and tax characteristics, ensuring transparency and regulatory compliance.

Neuberger Berman High Yield Strategies Fund Inc.

NYSE:NHS

NHS Rankings

NHS Stock Data

207.45M
25.93M
36.4%
0.64%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
New York