NEUBERGER HIGH YIELD STRATEGIES FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger High Yield Strategies Fund (NYSE American: NHS) declared a monthly distribution of $0.0905 per share, payable February 27, 2026, with record and ex-date of February 17, 2026. Under its level distribution policy, the Fund expects regular monthly distributions of $0.0905 per share, subject to market conditions and potential adjustments.

The Fund warned distributions may include net investment income, net realized capital gains, or return of capital and that final tax characterizations for 2026 will be determined after year-end.

Positive

• Monthly distribution declared at $0.0905 per share
• Payable date set for February 27, 2026

Negative

• Distributions may include return of capital, reducing taxable income basis
• No guarantee Fund can maintain $0.0905 monthly rate

Key Figures

Monthly distribution: $0.0905 per share Payable date: February 27, 2026 Record date: February 17, 2026 +1 more

4 metrics

Monthly distribution $0.0905 per share Declared regular monthly common stock distribution

Payable date February 27, 2026 Payment date for announced distribution

Record date February 17, 2026 Shareholders of record eligible for February distribution

Ex-date February 17, 2026 Ex-dividend date for monthly distribution

Market Reality Check

Price: $7.60 Vol: Volume 171,283 is 1.26x t...

normal vol

$7.60 Last Close

Volume Volume 171,283 is 1.26x the 20-day average of 136,265 shares. normal

Technical Trading above 200-day MA of $7.44 at a price of $7.60, modestly below 52-week high of $7.94.

Peers on Argus

While NHS was flat, several income-oriented peers like GLO, NRO, SABA, and TSI s...

While NHS was flat, several income-oriented peers like GLO, NRO, SABA, and TSI showed small declines and ERC gained, indicating mixed, stock-specific moves rather than a clear sector trend.

Common Catalyst Closed-end income funds continue to issue distribution and Section 19(a) notices, reflecting ongoing focus on payout policies across the group.

Historical Context

5 past events · Latest: Dec 31 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 31	Monthly distribution	Neutral	-0.4%	Reaffirmed $0.0905 monthly payout with January 30, 2026 payment date.
Dec 15	Mgmt team change	Neutral	-0.8%	Announced portfolio management transition and added co-portfolio manager.
Nov 28	Monthly distribution	Neutral	+0.3%	Declared $0.0905 December distribution under level distribution policy.
Oct 31	Monthly distribution	Neutral	-1.7%	Announced November $0.0905 payout and reiterated distribution policy.
Sep 30	Monthly distribution	Neutral	+0.0%	Declared October $0.0905 distribution with mid-October record date.

Pattern Detected

Recent distribution and management news has typically led to small, often divergent price moves, with one instance of no reaction.

Recent Company History

Over the past few months, NHS has repeatedly declared monthly distributions of $0.0905 per share under a level distribution policy, with payments scheduled at month-end and mid-month record dates. Management also announced a portfolio leadership transition effective December 31, 2025, setting a clear handoff timeline. Price reactions to these updates have been modest, sometimes negative even on neutral news. Today’s announcement continues the established pattern of reaffirming the same $0.0905 monthly payout while reiterating caveats on sustainability and tax character.

Market Pulse Summary

This announcement extends NHS’s established pattern of monthly distributions at $0.0905 per share un...

Analysis

This announcement extends NHS’s established pattern of monthly distributions at $0.0905 per share under a level distribution policy, with the next payment scheduled for February 27, 2026. The fund reiterates that its ability to maintain this rate depends on investment income, leverage costs, and expenses, and that payouts may include return of capital. Investors watching this strategy often track coverage of the distribution, leverage levels, and any shifts in policy language or regulatory disclosures over time.

Key Terms

return of capital, record date, ex-date, 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.

record date financial

"...payable on February 27, 2026, has a record date of February 17, 2026..."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

ex-date financial

"...has a record date of February 17, 2026, and has an ex-date of February 17, 2026."

The ex-date is the specific day when a stock stops trading with the right to receive an upcoming dividend or other benefit. If you buy the stock on or after this date, you won't get the upcoming payout; instead, the seller will. It’s like a cut-off point that determines who is entitled to receive the benefits of a company’s distribution to shareholders.

Investment Company Act of 1940 regulatory

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

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 30, 2026 /PRNewswire/ -- Neuberger 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 February 27, 2026, has a record date of February 17, 2026, and has an ex-date of February 17, 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 February 2026?

The Fund declared a monthly distribution of $0.0905 per share payable February 27, 2026. According to the company, the record and ex-date are both February 17, 2026 and the payment follows its level distribution policy.

When is the record date and ex-date for the NHS February 2026 distribution?

Both the record date and ex-date are February 17, 2026. According to the company, shareholders of record by that date are eligible for the February 27, 2026 payment.

Will NHS distributions always be composed only of net investment income?

No — distributions may include net investment income, capital gains, or return of capital. According to the company, the mix may change as it seeks to maintain a stable distribution amount.

How will shareholders know the tax character of NHS distributions for 2026?

Final tax characterizations will be determined after year-end 2026 and disclosed then. According to the company, a Section 19 notice will be issued if a distribution is not solely net investment income.

What could affect NHS's ability to maintain the $0.0905 monthly distribution?

The Fund cited income stability, leverage costs, and fees as determinants of distribution sustainability. According to the company, market conditions and investment income levels could prompt adjustments to the distribution rate.