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 March 31, 2026, with record and ex-date of March 16, 2026. Under its level distribution policy, the Fund intends monthly distributions of $0.0905 per share, subject to market conditions.

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

Positive

• $0.0905 per share monthly distribution declared
• Payable March 31, 2026 with March 16, 2026 record/ex-date
• Level distribution policy aims for predictable monthly payouts

Negative

• Distributions may include return of capital, reducing taxable income characterization
• No assurance Fund can maintain current distribution rate given variable income and costs
• Fund income depends on leverage costs and investment income stability

Key Figures

Monthly distribution: $0.0905 per share Payable date: March 31, 2026 Record date: March 16, 2026 +1 more

4 metrics

Monthly distribution $0.0905 per share Declared regular monthly distribution rate

Payable date March 31, 2026 Payment date for declared distribution

Record date March 16, 2026 Shareholders of record eligible for distribution

Ex-date March 16, 2026 Shares trade ex-distribution on this date

Market Reality Check

Price: $7.72 Vol: Volume 166,036 is about 5...

normal vol

$7.72 Last Close

Volume Volume 166,036 is about 5% above the 20-day average of 158,532, indicating typical trading interest into this distribution update. normal

Technical Shares trade above the 200-day moving average of 7.45, reflecting a modestly constructive longer-term trend ahead of the latest monthly payout.

Peers on Argus

NHS gained 0.13% while peers showed mixed moves: GLO +0.33%, NRO +0.65%, TSI +1....

NHS gained 0.13% while peers showed mixed moves: GLO +0.33%, NRO +0.65%, TSI +1.95%, ERC +0.21%, and SABA -0.86%. This pattern points more to fund-specific income news than a unified sector move.

Common Catalyst Another closed-end fund peer, GLO, also issued a Section 19(a) notice, suggesting a shared focus on distribution composition disclosures among income-oriented funds.

Historical Context

5 past events · Latest: Jan 30 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 30	Monthly distribution	Neutral	-0.4%	Reaffirmed $0.0905 monthly distribution with standard tax and source caveats.
Dec 31	Monthly distribution	Neutral	-0.4%	Declared $0.0905 January 2026 payout under level distribution policy.
Dec 15	Management changes	Neutral	-0.8%	Announced phased portfolio management transition and new co-portfolio manager.
Nov 28	Monthly distribution	Neutral	+0.3%	Set December 2025 $0.0905 distribution with potential return-of-capital component.
Oct 31	Monthly distribution	Neutral	-1.7%	Announced November 2025 $0.0905 payout with standard composition warnings.

Pattern Detected

Recent monthly distribution announcements at $0.0905 have typically led to small, mixed price moves, suggesting these updates are largely expected and already reflected in trading.

Recent Company History

Over the past few months, NHS has repeatedly declared a monthly distribution of $0.0905 per share (Oct, Nov, Dec 2025 and Jan 2026), under a stated level distribution policy. These notices emphasized that payouts may include net investment income, capital gains and return of capital, with final 2025–2026 tax characterizations determined after year-end. A December 2025 announcement also outlined a planned portfolio management transition. Historically, price reactions to these routine distribution updates have been modest, aligning with the largely maintenance nature of today’s news.

Market Pulse Summary

This announcement continues NHS’s pattern of monthly distributions at $0.0905 per share, with clear ...

Analysis

This announcement continues NHS’s pattern of monthly distributions at $0.0905 per share, with clear dates for the March 31, 2026 payment and related record and ex-dates. As before, management notes payouts may blend net investment income, realized gains and return of capital, with final 2026 tax characterizations determined after year-end. Investors may want to track future disclosures on distribution sources, leverage costs, and income stability to gauge how maintainable this level policy remains.

Key Terms

distribution declaration, record date, ex-date, net investment income, +3 more

7 terms

distribution declaration financial

"has announced a distribution declaration of $0.0905 per share of common"

A distribution declaration is a formal announcement that a company, fund, or trust will pay cash or other assets to its shareholders or unitholders, specifying how much will be paid and when recipients must be holding the security to get it. Investors care because the declaration signals how the business is allocating profit or cash flow—similar to a landlord telling tenants they’ll receive a portion of rent—affecting expected income, valuation, and short-term share price movement.

record date financial

"payable on March 31, 2026, has a record date of March 16, 2026, and has"

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

"record date of March 16, 2026, and has an ex-date of March 16, 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.

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 realized capital gains and return of capital. In compliance with Section"

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"

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, Feb. 27, 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 March 31, 2026, has a record date of March 16, 2026, and has an ex-date of March 16, 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 did Neuberger High Yield Strategies Fund (NHS) announce on February 27, 2026 about distributions?

The Fund declared a $0.0905 per share monthly distribution payable March 31, 2026. According to Neuberger High Yield Strategies Fund, the record and ex-date are March 16, 2026 and future monthly distributions target $0.0905 subject to market conditions.

When is the ex-dividend and payable date for NHS's February 27, 2026 distribution?

The ex-dividend and record date is March 16, 2026, and the payable date is March 31, 2026. According to Neuberger High Yield Strategies Fund, shareholders of record on March 16 will be eligible for the $0.0905 distribution paid March 31.

Will NHS's $0.0905 distribution in 2026 be all net investment income?

Not necessarily; the distribution may include net investment income, capital gains, and return of capital. According to Neuberger High Yield Strategies Fund, final tax characterizations for 2026 distributions will be determined and disclosed after year-end as required by Section 19.

How long does Neuberger High Yield Strategies Fund expect to pay $0.0905 monthly distributions (NHS)?

The Fund anticipates regular monthly distributions of $0.0905 per share under its level distribution policy, subject to market conditions. According to Neuberger High Yield Strategies Fund, amounts could change if the board takes further action or market factors shift.

What risks did Neuberger High Yield Strategies Fund cite that could affect NHS distributions?

The Fund cited dependency on investment income, stability of that income, leverage costs, and fees and expenses. According to Neuberger High Yield Strategies Fund, these factors may prevent maintaining the current distribution rate or alter the composition of distributions.