Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its stake in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,163 shares of the investment management company’s stock after selling 3,969 shares during the period. Harbour Investments Inc. owned approximately 0.22% of Neuberger Berman High Yield Strategies Fund worth $522,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. J.W. Cole Advisors Inc. increased its position in shares of Neuberger Berman High Yield Strategies Fund by 210.8% in the third quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock worth $770,000 after acquiring an additional 60,262 shares in the last quarter. Cetera Advisors LLC acquired a new position in Neuberger Berman High Yield Strategies Fund in the 1st quarter worth approximately $263,000. MRA Advisory Group purchased a new position in Neuberger Berman High Yield Strategies Fund during the 3rd quarter worth approximately $109,000. PFG Investments LLC raised its stake in Neuberger Berman High Yield Strategies Fund by 34.1% during the 3rd quarter. PFG Investments LLC now owns 39,541 shares of the investment management company’s stock valued at $343,000 after purchasing an additional 10,044 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 17.8% in the third quarter. SeaCrest Wealth Management LLC now owns 42,034 shares of the investment management company’s stock valued at $364,000 after purchasing an additional 6,346 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Price Performance

Shares of NHS stock opened at $7.71 on Friday. Neuberger Berman High Yield Strategies Fund Inc. has a 1-year low of $7.30 and a 1-year high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.0905 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 14.09%. The ex-dividend date is Friday, November 15th.

Neuberger Berman High Yield Strategies Fund Profile

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.