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

Uncommon Cents Investing LLC lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHSGet Rating) by 36.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,783 shares of the investment management company’s stock after buying an additional 41,548 shares during the quarter. Uncommon Cents Investing LLC owned about 1.06% of Neuberger Berman High Yield Strategies Fund worth $1,305,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. increased its holdings in Neuberger Berman High Yield Strategies Fund by 12.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 14,194 shares of the investment management company’s stock worth $162,000 after acquiring an additional 1,538 shares during the period. Aurora Private Wealth Inc. increased its holdings in Neuberger Berman High Yield Strategies Fund by 10.4% during the 1st quarter. Aurora Private Wealth Inc. now owns 19,785 shares of the investment management company’s stock worth $226,000 after acquiring an additional 1,866 shares during the period. UBS Group AG increased its holdings in Neuberger Berman High Yield Strategies Fund by 33.6% during the 1st quarter. UBS Group AG now owns 11,675 shares of the investment management company’s stock worth $133,000 after acquiring an additional 2,936 shares during the period. Commonwealth Equity Services LLC increased its holdings in Neuberger Berman High Yield Strategies Fund by 14.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 27,583 shares of the investment management company’s stock worth $315,000 after acquiring an additional 3,449 shares during the period. Finally, Guggenheim Capital LLC increased its holdings in shares of Neuberger Berman High Yield Strategies Fund by 1.1% in the 4th quarter. Guggenheim Capital LLC now owns 422,805 shares of the investment management company’s stock worth $5,256,000 after buying an additional 4,764 shares during the last quarter. 37.24% of the stock is currently owned by hedge funds and other institutional investors.

Neuberger Berman High Yield Strategies Fund Stock Down 0.9 %

Shares of NHS stock traded down $0.07 on Friday, hitting $8.15. 910 shares of the company’s stock traded hands, compared to its average volume of 50,154. Neuberger Berman High Yield Strategies Fund Inc. has a one year low of $7.40 and a one year high of $13.22.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.0905 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.09 annualized dividend and a yield of 13.33%.

Neuberger Berman High Yield Strategies Fund Profile

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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.

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Institutional Ownership by Quarter for Neuberger Berman High Yield Strategies Fund (NYSEAMERICAN:NHS)

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