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 of common stock. The distribution is payable on May 29, 2026, with a record date and ex-date of June 15, 2026.

The Fund expects, subject to market conditions, to continue regular monthly distributions at this rate under its level distribution policy. Distributions may include net investment income, net realized capital gains and return of capital, with final 2026 tax character determined after year-end.

Positive

• Declared monthly distribution of $0.0905 per share
• Level distribution policy targeting regular monthly payouts

Negative

• No assurance distribution rate can be maintained at current level
• Distributions may include return of capital, not only net investment income

News Market Reaction – NHS

-0.63%

-0.63% Session close to close

In the Jun 1 session, NHS declined 0.63%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reiterates a monthly distribution of $0.0905 per share and maintains the fund’s le...

Analysis

This announcement reiterates a monthly distribution of $0.0905 per share and maintains the fund’s level distribution policy, while explicitly noting that payments may include income, capital gains, or return of capital. Recent months featured a sizeable rights offering and earlier distribution declarations, so investors may watch how leverage costs, fee levels, and portfolio income evolve relative to this payout level, as well as any future changes in distribution composition or policy language.

Key Figures

Monthly distribution: $0.0905 per share Payable date: May 29, 2026 Record date: June 15, 2026 +1 more

4 metrics

Monthly distribution $0.0905 per share Declared regular monthly distribution under level distribution policy

Payable date May 29, 2026 Distribution payable date for declared monthly payout

Record date June 15, 2026 Shareholders of record eligible for the distribution

Ex-date June 15, 2026 Ex-dividend date for the monthly distribution

Historical Context

5 past events · Latest: Apr 30 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 30	Monthly distribution	Neutral	+0.5%	Declared regular monthly distribution of $0.0905 per share for May.
Apr 20	Rights offering final	Negative	-1.8%	Announced over-subscribed rights offering final terms and share issuance.
Apr 16	Rights offering prelim	Neutral	+0.1%	Reported preliminary results of over-subscribed transferable rights offering.
Mar 12	Rights offering launch	Negative	-3.7%	Launched discounted transferable rights offering with detailed subscription terms.
Mar 12	Early distribution	Neutral	-3.7%	Declared early regular monthly distribution of $0.0905 per share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news shows the stock generally tracking offering and distribution announcements, with a notable negative reaction to the early April distribution declaration.

Recent Company History

Over the last few months, NHS focused on income stability and capital-raising. Multiple announcements reaffirmed a monthly distribution of $0.0905 per share, including early and regular declarations in March and April 2026. In parallel, the fund launched and completed an over-subscribed transferable rights offering, issuing 10,463,948 shares for roughly $68 million gross proceeds. Today’s distribution notice continues this level-payment pattern following the completion of the rights offering.

Key Terms

net investment income, net realized capital gains, return of capital, record date, +2 more

6 terms

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.

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

"has a record date of June 15, 2026, and has an ex-date of June 15, 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 June 15, 2026, and has an ex-date of June 15, 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.

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. How Rhea-AI works. Not financial advice.

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NEW YORK, May 29, 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 May 29, 2026, has a record date of June 15, 2026, and has an ex-date of June 15, 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 26 countries. The firm manages $567 billion of equities, fixed income, private markets, 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 March 31, 2026.

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 monthly distribution did Neuberger High Yield Strategies Fund (NHS) declare on May 29, 2026?

Neuberger High Yield Strategies Fund declared a monthly distribution of $0.0905 per share. According to the Fund, this payout follows its level distribution policy and reflects anticipated regular monthly distributions, subject to market conditions and the Fund’s income, leverage costs, fees, and expenses.

When are the payable date, record date, and ex-date for the May 2026 NHS distribution?

The distribution is payable on May 29, 2026, with a record date and ex-date of June 15, 2026. According to the Fund, shareholders of record on June 15, 2026 will be entitled to receive the $0.0905 per share distribution.

Will Neuberger High Yield Strategies Fund (NHS) continue paying a $0.0905 monthly distribution?

The Fund currently anticipates regular monthly distributions of $0.0905 per share. According to the Fund, maintaining this level depends on portfolio income stability, leverage costs, and overall expenses, so there is no assurance that this distribution rate can always be sustained.

What can the NHS May 2026 distribution consist of for shareholders?

The distribution may consist of net investment income, net realized capital gains, and return of capital. According to the Fund, this mix reflects its effort to maintain a stable distribution amount and may vary over time based on portfolio performance and realized gains.

How will Neuberger High Yield Strategies Fund report the tax character of its 2026 distributions?

The final tax character of 2026 distributions will be determined after year-end. According to the Fund, Section 19 notices will be provided when distributions are not solely net investment income, but these notices are informational only and not used for actual tax reporting.

What is a Section 19 notice and how does it apply to NHS distributions?

A Section 19 notice informs investors when a distribution includes amounts beyond net investment income. According to the Fund, such notices for NHS will disclose estimated portions of income, capital gains, and return of capital, but will not serve as official tax reporting documents.