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Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution

The Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has publicly shared its latest distribution announcement, declaring a monthly distribution of $0.0905 per share of common stock. This amount is set to be paid on March 31, 2025, with the record and ex-dates designated as March 17, 2025. This regular monthly distribution highlights the firm’s commitment to providing returns to its investors, consistent with its established level distribution policy.

Distribution Background and Implications

With this announcement, the Fund reaffirms its intention to maintain regular monthly payouts, although it cautions investors that these distributions are subject to market conditions. Such fluctuations in market performance, as well as shifts in income derived from the Fund's investments, could impact future distributions. It’s essential for investors to consider that the Fund's ability to sustain its current payout rate will hinge on several factors, including investment income stability, leverage costs, and the costs associated with various operational fees.

Under its current framework, the announced distribution may include not just net investment income but also realized capital gains and potential returns of capital. In compliance with the Investment Company Act of 1940, any distribution that is not solely derived from net investment income will be communicated to shareholders through a notice. This will serve informational purposes, detailing the estimated components of each distribution, such as the proportions coming from net investment income as well as capital returns.

About Neuberger Berman

Founded in 1939, Neuberger Berman is a privately held, employee-owned investment management firm with a significant global presence, employing over 2,800 professionals across 26 countries. The firm manages a diverse portfolio totaling $508 billion, encompassing equities, fixed income, private equity, real estate, and hedge funds. Neuberger Berman is particularly noted for its investment philosophy, which emphasizes active management, rigorous research, and active ownership.

In recent years, the firm has garnered accolades for its commitment to sustainable investing, as recognized by the Principles for Responsible Investment (PRI). Additionally, it has earned commendations as one of the best workplaces in the money management sector, according to Pensions & Investments, reflecting its dedication to fostering an exceptional working environment.

Conclusion

As investors await the March distribution, it's crucial to monitor the broader economic landscape and the Fund's performance. Neuberger Berman continues to navigate the complexities of investment markets, aiming to provide competitive distributions while balancing investment risk and stability. The company’s historical performance and ongoing commitment to creating value for its stakeholders underscore its standing as a reputable player in investment management. For detailed information on the Fund’s recent and future distributions, investors can refer to Neuberger Berman’s official website.

For further inquiries, investors can contact Neuberger Berman Investment Advisers LLC at (877) 461-1899.