Capital Investment Advisors LLC Trims Position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Capital Investment Advisors LLC decreased its position in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHSGet Rating) by 4.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 34,055 shares of the investment management company’s stock after selling 1,623 shares during the quarter. Capital Investment Advisors LLC’s holdings in Neuberger Berman High Yield Strategies Fund were worth $285,000 at the end of the most recent quarter.

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

Neuberger Berman High Yield Strategies Fund Stock Performance

Shares of NHS stock opened at $8.39 on Monday. 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 firm also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a $0.0905 dividend. This represents a $1.09 annualized dividend and a dividend yield of 12.94%. The ex-dividend date is Wednesday, September 14th.

Neuberger Berman High Yield Strategies Fund Company Profile

(Get Rating)

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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