Apollon Wealth Management LLC Acquires Shares of 14,535 Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Apollon Wealth Management LLC acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,535 shares of the investment management company’s stock, valued at approximately $109,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. SeaCrest Wealth Management LLC boosted its holdings in Neuberger Berman High Yield Strategies Fund by 5.3% in 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. J.W. Cole Advisors Inc. raised its stake in shares of Neuberger Berman High Yield Strategies Fund by 210.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock worth $770,000 after buying an additional 60,262 shares in the last quarter. PFG Investments LLC boosted its stake 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 valued at $343,000 after buying an additional 10,044 shares in the last quarter. Finally, MRA Advisory Group boosted its stake in shares of Neuberger Berman High Yield Strategies Fund by 16.1% in the fourth quarter. MRA Advisory Group now owns 14,624 shares of the investment management company’s stock valued at $110,000 after buying an additional 2,030 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Trading Up 0.6 %

NYSEAMERICAN:NHS opened at $7.87 on Friday. Neuberger Berman High Yield Strategies Fund Inc. has a 1 year low of $7.47 and a 1 year high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0905 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.09 dividend on an annualized basis and a yield of 13.80%.

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.