Neuberger Berman High Yield Strategies Stock Price, News & Analysis

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) declared a monthly distribution of $0.0905 per share, payable on January 29, 2021. The record date is January 15, 2021, with an ex-date of January 14, 2021. The Fund aims for stable monthly distributions, which may include net investment income, capital gains, and return of capital, contingent on market conditions. Neuberger Berman manages $374 billion in assets as of September 30, 2020, and has received high recognition for its ESG practices.

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) announced the final results of its oversubscribed tender offer, purchasing 25% of its outstanding shares at 96% of the net asset value (NAV) of $12.53, priced at $12.03 per share. A total of 6,666,834 shares were tendered, with 4,885,146 shares accepted, resulting in a pro-ration factor of 73.28%. Additionally, the Fund reduced its leverage from $125 million to $95.5 million by redeeming Preferred Shares and prepaying Senior Notes.

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) announced the preliminary results of its oversubscribed tender offer, which expired on December 10, 2020. Approximately 6,666,834 shares were tendered. The Fund will purchase shares pro-rata based on the number tendered, adhering to the terms stated in the Offer to Purchase. Final results will be disclosed later. For inquiries, stockholders can contact AST Fund Solutions. Neuberger Berman manages $374 billion in assets as of September 30, 2020, and has achieved high marks in ESG practices.

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on December 31, 2020. The record date is December 15, 2020, with an ex-date of December 14, 2020. The Fund aims to maintain stable distributions, which may include net investment income, realized capital gains, and returns of capital. The Fund's distribution capability depends on various factors including income stability and expenses. Final tax characterizations of 2020 distributions will be determined post-year-end.

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) announced a tender offer to purchase up to 25% of its outstanding common stock for cash at 96% of its net asset value, effective December 10, 2020. The tender offer will expire at 5:00 p.m. NY time on the same day unless extended. If valid tenders exceed 25%, purchases will be made on a pro rata basis. Stockholders are advised to review detailed tender offer materials filed with the SEC for important information.

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) declared a monthly distribution of $0.0905 per share of common stock, payable on November 30, 2020. The record date is November 16, 2020 and the ex-date is November 13, 2020. This distribution is part of the Fund's level distribution policy, subject to market conditions and the stability of income from investments. Distributions may consist of net investment income, realized capital gains, and return of capital, with final tax character determinations made post-year-end.

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) announced a planned tender offer to repurchase up to 25% of its outstanding shares at 96% of its net asset value per share. The offer is expected to be completed before December 31, 2020. This move follows an agreement with Saba Capital Management, which includes Saba halting its proxy solicitation efforts. Further details will be provided in future announcements, and the fund manages $374 billion in assets as of September 30, 2020.

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on October 30, 2020. The record date for this distribution is October 15, 2020, with an ex-date of October 14, 2020. The Fund aims to maintain stable monthly distributions, contingent on income stability and other financial factors. Future distributions may include net investment income, capital gains, and return of capital. The source and tax characteristics of 2020 distributions will be finalized at year-end.

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on September 30, 2020. The record date is September 15, 2020, and the ex-date is September 14, 2020. The fund aims to maintain this distribution level, which may derive from net investment income, realized capital gains, or return of capital, depending on market conditions and fund performance. The firm manages $357 billion in client assets as of June 30, 2020.