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NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND ANNOUNCES MONTHLY DISTRIBUTION

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Neuberger Berman High Yield Strategies Fund has declared a monthly distribution of $0.0905 per share of common stock. The distribution will be payable on December 31, 2024, with a record and ex-date of December 16, 2024. Under its level distribution policy, the Fund plans to maintain regular monthly distributions at this amount, subject to market conditions. The distribution may include net investment income, net realized capital gains, and return of capital. The Fund's ability to maintain this rate depends on factors including investment income stability, leverage costs, and Fund expenses.

Il Neuberger Berman High Yield Strategies Fund ha dichiarato una distribuzione mensile di $0,0905 per azione di azioni ordinarie. La distribuzione sarà pagabile il 31 dicembre 2024, con una data di registrazione e una data di stacco del 16 dicembre 2024. Sotto la sua politica di distribuzione costante, il Fondo prevede di mantenere regolari distribuzioni mensili a questo importo, soggetto alle condizioni di mercato. La distribuzione può includere reddito da investimenti netti, guadagni in conto capitale netti realizzati e restituzione di capitale. La capacità del Fondo di mantenere questo tasso dipende da fattori come la stabilità del reddito da investimenti, i costi di leva e le spese del Fondo.

El Neuberger Berman High Yield Strategies Fund ha declarado una distribución mensual de $0.0905 por acción de acciones ordinarias. La distribución se pagará el 31 de diciembre de 2024, con una fecha de corte y una fecha ex del 16 de diciembre de 2024. Bajo su política de distribución nivelada, el Fondo planea mantener distribuciones mensuales regulares de este monto, sujeto a las condiciones del mercado. La distribución puede incluir ingresos netos de inversiones, ganancias de capital netas realizadas y devolución de capital. La capacidad del Fondo para mantener esta tasa depende de factores como la estabilidad de los ingresos por inversiones, los costos de apalancamiento y los gastos del Fondo.

뉴버거 버먼 하이 일드 전략 펀드는 보통주 1주당 $0.0905의 월 배당금을 선언했습니다. 배당금은 2024년 12월 31일에 지급되며, 기록일 및 배당락일은 2024년 12월 16일입니다. 펀드는 동일한 금액의 정기 월 배당금을 유지할 계획이며, 이는 시장 상황에 따라 달라질 수 있습니다. 배당금에는 순투자 수익, 실현된 순자본 이익 및 자본 반환이 포함될 수 있습니다. 이 비율을 유지하는 펀드의 능력은 투자 수익의 안정성, 레버리지 비용 및 펀드 비용을 포함한 여러 요인에 따라 달라집니다.

Le Neuberger Berman High Yield Strategies Fund a déclaré une distribution mensuelle de $0,0905 par action d'actions ordinaires. La distribution sera payable le 31 décembre 2024, avec une date de référence et une date ex du 16 décembre 2024. Selon sa politique de distribution régulière, le Fonds prévoit de maintenir des distributions mensuelles régulières à ce montant, sous réserve des conditions du marché. La distribution peut inclure des revenus nets d'investissement, des gains en capital nets réalisés et un retour de capital. La capacité du Fonds à maintenir ce taux dépend de facteurs tels que la stabilité des revenus d'investissement, les coûts de levier et les dépenses du Fonds.

Der Neuberger Berman High Yield Strategies Fund hat eine monatliche Ausschüttung von $0.0905 pro Aktie der Stammaktien bekannt gegeben. Die Ausschüttung wird am 31. Dezember 2024 zahlbar sein, mit einem Stichtag und einem Ex-Datum am 16. Dezember 2024. Im Rahmen seiner gleichmäßigen Ausschüttungspolitik plant der Fonds, regelmäßige monatliche Ausschüttungen in dieser Höhe beizubehalten, abhängig von den Marktbedingungen. Die Ausschüttung kann Nettoanlageerträge, realisierte Netto-Kapitalgewinne und Rückzahlungen von Kapital umfassen. Die Fähigkeit des Fonds, diesen Satz aufrechtzuerhalten, hängt von Faktoren wie der Stabilität der Anlageerträge, den Kosten der Hebelwirkung und den Fondsausgaben ab.

Positive
  • Consistent monthly distribution policy maintained at $0.0905 per share
Negative
  • Distribution may include return of capital, which could indicate insufficient earnings to support the payout
  • Fund acknowledges uncertainty in maintaining current distribution rate due to market conditions and operating costs

Insights

The monthly distribution announcement of $0.0905 per share maintains NHS's consistent yield strategy. The fund's level distribution policy aims to provide steady income to investors, though there's notable risk in the sustainability of these payments. The distribution may include components beyond just net investment income, potentially incorporating capital gains and return of capital, which could impact the fund's long-term NAV.

With high-yield strategies facing challenges in the current market environment, investors should closely monitor the fund's ability to maintain this distribution rate. The combination of leverage costs and fund expenses could pressure distribution sustainability if market conditions deteriorate. The upcoming tax characterization of distributions will be important for understanding the quality of the fund's income generation.

NEW YORK, Nov. 29, 2024 /PRNewswire/ -- Neuberger Berman 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 December 31, 2024, has a record date of December 16, 2024, and has an ex-date of December 16, 2024.

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 2024 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $509 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader's Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of September 30, 2024.

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

Cision View original content:https://www.prnewswire.com/news-releases/neuberger-berman-high-yield-strategies-fund-announces-monthly-distribution-302316091.html

SOURCE Neuberger Berman

FAQ

What is the December 2024 distribution amount for Neuberger Berman High Yield Strategies Fund (NHS)?

The December 2024 distribution amount is $0.0905 per share of common stock.

When is the record date for NHS's December 2024 distribution?

The record date for the December 2024 distribution is December 16, 2024.

What are the potential sources of NHS's monthly distributions?

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

When will NHS's December 2024 distribution be paid?

The distribution will be paid on December 31, 2024.

Neuberger Berman High Yield Strategies Fund Inc.

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