NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) declared a monthly distribution of $0.0905 per share. The distribution is payable December 31, 2025 with a record date and ex-date of December 15, 2025.

Under its level distribution policy, the Fund expects to target monthly payments of $0.0905 subject to market conditions. The Fund warned distributions may include net investment income, net realized capital gains and return of capital. Final tax characterization of 2025 distributions will be determined after year-end.

Positive

• Monthly distribution declared at $0.0905 per share
• Payable on December 31, 2025; record/ex-date Dec 15, 2025
• Level distribution policy aims to provide stable monthly payouts

Negative

• Distributions may include return of capital, reducing tax efficiency
• No assurance the Fund can maintain the current distribution rate
• Final distribution tax characterization determined only after year-end

News Market Reaction

+0.27%

1 alert

+0.27% News Effect

On the day this news was published, NHS gained 0.27%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.0905 per share Payable date: December 31, 2025 Record & ex-date: December 15, 2025 +5 more

8 metrics

Monthly distribution $0.0905 per share Declared Nov 28, 2025; level distribution policy

Payable date December 31, 2025 Distribution payment date

Record & ex-date December 15, 2025 Record and ex-date for distribution

Beneficial ownership 5,463,038 shares (21.07%) Schedule 13G/A as of 09/30/2025

Shared dispositive power 5,463,038 shares Schedule 13G/A disclosure

Sole/shared voting power 0 shares Schedule 13G/A voting power

Insider purchase 6,000 shares at $7.3995 Form 4 on 07/17/2025, open-market buy

Insider ownership 21,000 shares Post-transaction holding for portfolio manager

Market Reality Check

Price: $7.40 Vol: Volume 77,155 is 0.43x th...

low vol

$7.40 Last Close

Volume Volume 77,155 is 0.43x the 20-day average of 178,216, indicating subdued trading interest pre-announcement. low

Technical Shares at $7.30 are trading below the 200-day MA of $7.49, and about 8.06% under the 52-week high of $7.94.

Peers on Argus

Among peers, price moves were mixed: GLO up 0.53%, ERC up 0.32%, while NRO and S...

Among peers, price moves were mixed: GLO up 0.53%, ERC up 0.32%, while NRO and SABA were down 0.67% and 0.69% respectively. NHS was up 0.34%, suggesting a stock-specific, modest reaction around a routine distribution update rather than a unified sector move.

Common Catalyst Several closed-end income funds issued distribution-related updates and Section 19(a)/source-of-distribution notices on the same day.

Historical Context

5 past events · Latest: Nov 28 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 28	Monthly distribution	Neutral	+0.3%	Reaffirmed monthly <b>$0.0905</b> distribution with Dec 31, 2025 pay date.
Oct 31	Monthly distribution	Neutral	-1.7%	Declared Nov 28, 2025 payout of <b>$0.0905</b> under level policy.
Sep 30	Monthly distribution	Neutral	+0.0%	Announced Oct 31, 2025 distribution of <b>$0.0905</b> per share.
Aug 29	Monthly distribution	Neutral	-0.5%	Declared Sep 30, 2025 monthly payout of <b>$0.0905</b> per share.
Jul 31	Monthly distribution	Neutral	-0.4%	Set Aug 29, 2025 monthly distribution at <b>$0.0905</b> per share.

Pattern Detected

Repeated monthly distribution declarations at the same $0.0905 level have generally produced small price moves, with no consistent positive or negative pattern.

Recent Company History

Over the last five months, Neuberger Berman High Yield Strategies Fund has repeatedly declared a level monthly distribution of $0.0905 per share, with payment dates at the end of each month and mid-month record/ex-dates. Each release reiterated that distributions may include net investment income, capital gains, and return of capital, with final 2025 tax characterization set after year-end. Price reactions to these routine announcements ranged from modest declines to slight gains, highlighting largely incremental impact.

Market Pulse Summary

This announcement reaffirmed Neuberger Berman High Yield Strategies Fund’s level monthly distributio...

Analysis

This announcement reaffirmed Neuberger Berman High Yield Strategies Fund’s level monthly distribution of $0.0905 per share, payable on December 31, 2025 with a December 15 record date. The fund again noted distributions may include net investment income, capital gains, and return of capital, with final 2025 tax character set after year-end. Investors may watch future notices under Section 19, ongoing income generation, and leverage costs to assess how durable this payout level remains.

Key Terms

net investment income, net realized capital gains, return of capital, Section 19 of the Investment Company Act of 1940

4 terms

net investment income financial

"may consist of net investment income, net realized capital gains and return..."

Net investment income is the money an investor or fund actually keeps from its investments after subtracting the costs of running those investments (like management fees, interest, and losses). Think of it as your paycheck from owning assets: gross returns minus the bills needed to earn them. Investors watch it because it shows how profitable the investment activities are, influences dividend payouts and cash available for growth, and helps compare true performance across funds or companies.

net realized capital gains financial

"may consist of net investment income, net realized capital gains and return..."

Net realized capital gains are the total profits an investor or fund actually locks in by selling investments at a higher price than they were bought, after subtracting any losses and transaction costs. Think of it like a garage sale where you tally the money made from items sold for more than you paid, minus the losses on items that sold for less; these net gains affect taxable income, dividend distributions and reported earnings, so they directly influence investor returns and tax bills.

return of capital financial

"net investment income, net realized capital gains and return of capital."

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

Section 19 of the Investment Company Act of 1940 regulatory

"In compliance with Section 19 of the Investment Company Act of 1940, as amended..."

Section 19 of the Investment Company Act of 1940 bars the resale or distribution of mutual fund or other investment company shares that were originally acquired in violation of the Act, and gives the fund certain remedies such as reclaiming profits or undoing the sale. For investors and intermediaries this matters because it can make otherwise tradable shares illiquid or subject to forced recovery, creating legal and financial risk similar to buying a product that can later be recalled and refunded.

AI-generated analysis. Not financial advice.

NEW YORK, Nov. 28, 2025 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on December 31, 2025, has a record date of December 15, 2025, and has an ex-date of December 15, 2025.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, the cost of leverage and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist only of net investment income.

Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:                                                                                  
Neuberger Berman Investment Advisers LLC                                                   
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

FAQ

What distribution did Neuberger Berman High Yield Strategies Fund (NHS) declare for December 2025?

The Fund declared a monthly distribution of $0.0905 per share payable December 31, 2025.

What are the record date and ex-date for NHS December 2025 distribution?

Both the record date and the ex-date are December 15, 2025.

Will NHS maintain $0.0905 monthly distributions indefinitely?

The Fund follows a level distribution policy but cannot guarantee it will maintain this amount.

Could NHS distributions in 2025 include return of capital?

Yes, distributions may consist of net investment income, net realized capital gains and return of capital.

When will NHS finalize the tax characterization of 2025 distributions?

The Fund will make the final determination of distribution sources and tax characteristics after the end of 2025.