NEUBERGER HIGH YIELD STRATEGIES FUND ANNOUNCES EARLY DECLARATION OF REGULAR MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger High Yield Strategies Fund (NYSE American: NHS) declared an early regular monthly distribution of $0.0905 per share payable April 30, 2026, with record and ex-date of April 7, 2026.

The Fund reiterated its level distribution policy and warned distributions may include net investment income, net realized gains and return of capital; final tax characterization will be determined after year-end 2026.

Positive

• Monthly distribution maintained at $0.0905 per share
• Distribution payable April 30, 2026 with record/ex-date April 7, 2026
• Level distribution policy signals intent to keep stable payouts

Negative

• Distributions may include return of capital, reducing tax-preferred income
• No assurance Fund can maintain distribution; dependent on income and leverage costs
• Final source and tax characterization unknown until after 2026 year-end

Key Figures

Monthly distribution: $0.0905 per share Payment date: April 30, 2026 Record date: April 7, 2026 +1 more

4 metrics

Monthly distribution $0.0905 per share Regular April 2026 monthly distribution under level policy

Payment date April 30, 2026 Payable date for declared monthly distribution

Record date April 7, 2026 Shareholders of record eligible for April 30, 2026 payout

Ex-date April 7, 2026 Ex-dividend date for April 2026 distribution

Market Reality Check

Price: $6.96 Vol: Volume 258,343 is 1.6x th...

high vol

$6.96 Last Close

Volume Volume 258,343 is 1.6x the 20-day average of 161,104 shares. high

Technical Trading below the 200-day MA of 7.45 with a pre-news price of 7.23.

Peers on Argus

NHS was down 1.07% pre-news, while peers showed mixed moves: GLO (-0.87%), NRO (...

NHS was down 1.07% pre-news, while peers showed mixed moves: GLO (-0.87%), NRO (-0.34%), ERC (-0.33%), and modest gains in SABA (+0.29%) and TSI (+0.22%). This points to stock-specific trading rather than a unified sector move.

Historical Context

5 past events · Latest: Feb 27 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 27	Monthly distribution	Neutral	+0.1%	Declared March 2026 monthly distribution of $0.0905 per share.
Jan 30	Monthly distribution	Neutral	-0.4%	Declared February 2026 monthly distribution of $0.0905 per share.
Dec 31	Monthly distribution	Neutral	-0.4%	Declared January 2026 monthly distribution of $0.0905 per share.
Dec 15	Management changes	Neutral	-0.8%	Announced portfolio management transition and expanded roles.
Nov 28	Monthly distribution	Neutral	+0.3%	Declared December 2025 monthly distribution of $0.0905 per share.

Pattern Detected

Recent distribution declarations at the same $0.0905 rate have led to small, mixed price reactions, suggesting these announcements are largely expected by the market.

Recent Company History

Over the past several months, NHS has repeatedly declared a regular monthly distribution of $0.0905 per share, with announcements on Nov 28, 2025, Dec 31, 2025, Jan 30, 2026, and Feb 27, 2026. Price reactions around these dates ranged from slightly negative to modestly positive within one day, indicating limited surprise. A December 2025 portfolio management transition announcement also produced only a small price move, reinforcing a pattern of muted responses to fund communications.

Market Pulse Summary

This announcement reiterates the fund’s regular monthly distribution of $0.0905 per share with an Ap...

Analysis

This announcement reiterates the fund’s regular monthly distribution of $0.0905 per share with an April 30, 2026 payment date and April 7, 2026 record and ex-dates. It continues a level distribution policy, while cautioning that payouts may include net investment income, capital gains, or return of capital. In context of prior similar notices, key factors to monitor include portfolio income generation, leverage costs, and any future adjustments to the stated distribution rate.

Key Terms

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

4 terms

return of capital financial

"may consist of 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.

net investment income financial

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

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 of capital."

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.

Section 19 of the Investment Company Act of 1940 regulatory

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

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, March 12, 2026 /PRNewswire/ -- Neuberger High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced an early declaration of the Fund's regular monthly distribution payable in April. The $0.0905 per share of common stock distribution announced today is payable on April 30, 2026, has a record date of April 7, 2026, and has an ex-date of April 7, 2026.

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 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 27 countries. The firm manages $563 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of December 31, 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 High Yield Strategies Fund (NHS) declare for April 2026?

The Fund declared a regular monthly distribution of $0.0905 per share. According to the company, the distribution is payable on April 30, 2026, with a record and ex-date of April 7, 2026.

Will the NHS April 2026 distribution include return of capital?

The distribution may include return of capital in addition to income and gains. According to the company, distributions may consist of net investment income, net realized capital gains and return of capital to maintain stability.

When are the record and ex-dividend dates for NHS April 2026 distribution?

The record date and ex-date are both April 7, 2026. According to the company, shareholders of record by that date will be eligible for the $0.0905 per share distribution payable April 30, 2026.

Does NHS guarantee it will continue paying $0.0905 monthly distributions?

There is no guarantee the Fund will always pay that amount. According to the company, the ability to maintain the rate depends on investment income, leverage costs and Fund fees and expenses.

When will NHS disclose the tax characterization of 2026 distributions?

The Fund will determine final tax character after 2026 year-end. According to the company, a Section 19 notice would inform investors if a distribution is not solely net investment income.