Uncommon Cents Investing LLC Reduces Stock Position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Uncommon Cents Investing LLC cut its stake in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 179,578 shares of the investment management company’s stock after selling 2,000 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Neuberger Berman High Yield Strategies Fund were worth $1,345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MRA Advisory Group bought a new stake in Neuberger Berman High Yield Strategies Fund during the 3rd quarter worth approximately $109,000. B. Riley Wealth Advisors Inc. grew its position in shares of Neuberger Berman High Yield Strategies Fund by 20.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock valued at $116,000 after purchasing an additional 2,534 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in shares of Neuberger Berman High Yield Strategies Fund by 5.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 44,281 shares of the investment management company’s stock valued at $332,000 after purchasing an additional 2,247 shares in the last quarter. PFG Investments LLC raised its position in shares of Neuberger Berman High Yield Strategies Fund by 34.1% in the third quarter. PFG Investments LLC now owns 39,541 shares of the investment management company’s stock worth $343,000 after buying an additional 10,044 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Neuberger Berman High Yield Strategies Fund by 210.8% during the third quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock valued at $770,000 after buying an additional 60,262 shares during the period.

Neuberger Berman High Yield Strategies Fund Trading Up 0.3 %

Neuberger Berman High Yield Strategies Fund stock opened at $7.57 on Monday. Neuberger Berman High Yield Strategies Fund Inc. has a 52 week low of $7.47 and a 52 week high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.0905 dividend. This represents a $1.09 annualized dividend and a dividend yield of 14.35%. The ex-dividend date of this dividend is Wednesday, January 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.