Quarry LP Cuts Stake in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Quarry LP cut its stake in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 90.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,579 shares of the investment management company’s stock after selling 93,502 shares during the quarter. Quarry LP’s holdings in Neuberger Berman High Yield Strategies Fund were worth $75,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. SeaCrest Wealth Management LLC grew its holdings in shares of Neuberger Berman High Yield Strategies Fund by 4.2% during the second quarter. SeaCrest Wealth Management LLC now owns 35,688 shares of the investment management company’s stock worth $279,000 after buying an additional 1,448 shares in the last quarter. Harbour Investments Inc. grew its stake in Neuberger Berman High Yield Strategies Fund by 7.5% during the 2nd quarter. Harbour Investments Inc. now owns 64,132 shares of the investment management company’s stock valued at $502,000 after acquiring an additional 4,475 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in Neuberger Berman High Yield Strategies Fund in the 2nd quarter valued at about $224,000. Finally, Cetera Advisors LLC acquired a new position in shares of Neuberger Berman High Yield Strategies Fund during the 1st quarter worth approximately $263,000.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN:NHS opened at $8.41 on Thursday. Neuberger Berman High Yield Strategies Fund Inc. has a one year low of $6.95 and a one year high of $8.67.

Neuberger Berman High Yield Strategies Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.0905 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 12.91%. The ex-dividend date is Tuesday, October 15th.

Neuberger Berman High Yield Strategies Fund Company 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.