STOCK TITAN

Neuberger Berman High Yield Strategies Fund Inc. - NHS STOCK NEWS

Welcome to our dedicated page for Neuberger Berman High Yield Strategies Fund news (Ticker: NHS), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman High Yield Strategies Fund stock.

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) is a closed-end management investment company managed by Neuberger Berman, a prominent, employee-owned, private investment firm established in 1939. With a presence in 26 countries, the firm boasts over 2,800 professionals dedicated to delivering long-term investment results through active management, fundamental research, and engaged ownership.

The primary objective of the Fund is to invest the majority of its total assets in high yield debt securities, also known as junk bonds, from both U.S. and foreign issuers. This strategy aims to generate high income for its investors while managing the associated risks through diversified holdings.

The Fund has recently announced a series of monthly distributions of $0.0905 per share, adhering to a level distribution policy. These payments, expected to continue subject to market conditions, may consist of net investment income, realized capital gains, and return of capital. The Fund's ability to maintain these distributions depends on various factors, such as income stability from investments, leverage costs, and overall expenses.

Neuberger Berman, the investment manager for the Fund, manages a broad spectrum of strategies, including equity, fixed income, private equity, real estate, and hedge funds, catering to global institutions, advisors, and individual investors. The firm's commitment to environmental, social, and governance (ESG) factors has earned it the distinction of being a PRI Leader, an honor awarded to fewer than 1% of investment firms.

Highlighted for its exemplary workplace culture, Neuberger Berman has been named the top firm in Pensions & Investments' Best Places to Work in Money Management survey for ten consecutive years among firms with over 1,000 employees. As of March 31, 2024, the firm manages $474 billion in client assets.

For more detailed information, investors are encouraged to refer to the official notices and announcements distributed by the Fund, which include estimates of distribution sources and tax characteristics, ensuring transparency and compliance with regulatory requirements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a distribution of $0.0905 per share of common stock. The distribution is set for payment on April 28, 2023, with a record date of April 17, 2023, and an ex-date of April 14, 2023. The Fund aims to maintain this monthly distribution under its level distribution policy, depending on factors like income stability, leverage costs, and fees. Future distributions may include net investment income, capital gains, and return of capital. Neuberger Berman manages approximately $427 billion in client assets, highlighting their commitment to investment management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE: NHS) has declared a monthly distribution of $0.0905 per share, payable on March 31, 2023. The record date for this distribution is March 15, 2023, with an ex-date of March 14, 2023. The Fund aims to maintain regular distributions, dependent on various factors including investment income and expenses. Future distributions may include net investment income, capital gains, and return of capital. Neuberger Berman manages $427 billion in assets as of December 31, 2022, and emphasizes a commitment to ESG practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share of common stock, payable on February 28, 2023. The record date is February 15, 2023, with an ex-date of February 14, 2023. The Fund anticipates maintaining this distribution amount, contingent upon investment income stability and market conditions. Future distributions may include net investment income, net realized capital gains, or return of capital. Risks such as declines in security markets and economic downturns may affect the Fund's performance. As of December 31, 2022, Neuberger Berman manages $427 billion in client assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a distribution of $0.0905 per share, payable on December 30, 2022. The record date is December 15, 2022, with an ex-date of December 14, 2022. The Fund aims for regular monthly distributions of the same amount, contingent on market conditions and investment income stability. Distributions may include net investment income, capital gains, and return of capital. Neuberger Berman manages $408 billion in client assets as of September 30, 2022, and emphasizes its ESG commitment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on November 30, 2022, with a record date of November 15, 2022 and an ex-date of November 14, 2022. The fund aims to maintain this distribution, contingent on investment income and market conditions. Future distributions may include net investment income, realized capital gains, or return of capital. The fund managed $408 billion in assets as of September 30, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund (NYSE American: NHS) declared a monthly distribution of $0.0905 per share, payable on October 31, 2022. The record date is October 17, 2022 and the ex-date is October 14, 2022. The Fund aims to maintain this distribution level, influenced by income stability, leverage costs, and fees. Future distributions may include net investment income, capital gains, and return of capital. Risks involve market performance declines, economic downturns, and regulatory changes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
-
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share, payable on September 30, 2022. The record date is September 15, 2022, with an ex-date of September 14, 2022. This distribution is part of the Fund's level distribution policy, aiming for regular monthly distributions, contingent upon market conditions. Importantly, future distributions may include net investment income, capital gains, and returns of capital, reflecting the Fund's income stability and management fees.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
none
Rhea-AI Summary

Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share of common stock, payable on August 31, 2022. The record date is August 15, 2022, with an ex-date of August 12, 2022. The Fund aims to maintain a stable distribution, which may include net investment income, capital gains, and return of capital. Future distributions depend on various factors, such as income stability and Fund expenses. The final determination of each distribution's source will be made at the year-end.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
Tags
none

FAQ

What is the current stock price of Neuberger Berman High Yield Strategies Fund (NHS)?

The current stock price of Neuberger Berman High Yield Strategies Fund (NHS) is $8.26 as of September 20, 2024.

What is the market cap of Neuberger Berman High Yield Strategies Fund (NHS)?

The market cap of Neuberger Berman High Yield Strategies Fund (NHS) is approximately 213.7M.

What is the primary investment objective of Neuberger Berman High Yield Strategies Fund Inc.?

The Fund aims to invest a majority of its total assets in high yield debt securities from U.S. and foreign issuers to generate high income.

How often does the Fund pay distributions?

The Fund pays monthly distributions of $0.0905 per share of common stock, subject to market conditions.

What factors influence the Fund's ability to maintain its distribution rate?

Factors include income stability from investments, leverage costs, and overall Fund fees and expenses.

Who manages Neuberger Berman High Yield Strategies Fund Inc.?

The Fund is managed by Neuberger Berman, an employee-owned, private investment manager founded in 1939.

What types of strategies does Neuberger Berman manage?

Neuberger Berman manages strategies across equity, fixed income, private equity, real estate, and hedge funds.

What is Neuberger Berman's approach to investment management?

The firm's approach is based on active management, fundamental research, and engaged ownership, with a strong focus on ESG factors.

How many professionals are part of Neuberger Berman?

As of the latest data, Neuberger Berman has over 2,800 professionals.

What recognition has Neuberger Berman received for its workplace culture?

The firm has been named the top firm in Pensions & Investments' Best Places to Work in Money Management survey for ten consecutive years among firms with over 1,000 employees.

What is the total client assets managed by Neuberger Berman?

As of March 31, 2024, Neuberger Berman manages $474 billion in client assets.

How does the Fund ensure transparency in its distributions?

The Fund issues notices with estimated distribution sources and tax characteristics, ensuring transparency and regulatory compliance.

Neuberger Berman High Yield Strategies Fund Inc.

AMEX:NHS

NHS Rankings

NHS Stock Data

213.68M
25.93M
37.77%
0.29%
Asset Management
Financial Services
Link
United States of America
New York