#United States #New York #Neuberger Berman #NHS #High Yield

Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution

Neuberger Berman High Yield Strategies Fund, traded under the ticker NHS on the NYSE American, has recently declared its monthly distribution amount for its common stock. The distribution for shareholders has been set at $0.0905 per share. This distribution marks the Fund's ongoing efforts to provide consistent returns to its investors, a crucial aspect of its investment strategy.

Key Details of the Distribution

The distribution announcement comes with important dates to keep in mind. The payment will be made on June 30, 2025, with a record date that has also been set for June 16, 2025. Investors should note that the ex-dividend date is aligned with the record date, meaning that anyone purchasing shares after this date will not receive the upcoming distribution.

Consistent Monthly Distributions

Neuberger Berman operates under a level distribution policy, which aims to maintain regular monthly distributions to its shareholders, assuming market conditions allow it. The Fund’s management anticipates continuing such distributions at the rate of $0.0905, barring any unforeseen changes that may necessitate a review of this amount. Factors influencing the Fund’s ability to sustain this level of distribution include income stability from investments, leverage costs, and management expenses.

Importance of Source Transparency

It is noteworthy that the consistency of these distributions could encompass various elements including net investment income, realized capital gains, and potentially a return of capital. Under the Investment Company Act of 1940, if a future distribution deviates from the net investment income, a notification will be provided to shareholders, clarifying the makeup of the distribution and its tax implications. The ultimate classification of all distributions for the year 2025 will be finalized by the Fund's management after the end of the fiscal year.

About Neuberger Berman

Founded in 1939, Neuberger Berman is an independent, employee-owned investment manager known for its commitment to active management and fundamental research. With over 2,800 employees across 26 countries, the firm manages more than $515 billion in assets that include equities, fixed income, private equity, real estate, and hedge fund portfolios. Neuberger Berman's investment philosophy emphasizes engaged ownership, ensuring that the firm's interests are closely aligned with those of its clients. For over a decade, it has been recognized by Pensions & Investments as one of the best workplaces in money management.

Looking Ahead

While the consistent distribution is a positive aspect for shareholders, potential investors should remain aware of market conditions and the risks related to investment returns, including fluctuations in securities markets, economic downturns, and operational challenges that could affect the Fund’s performance. The management team remains committed to navigating these complexities while maximizing value for investors.

For more information about Neuberger Berman and its investment strategies, visit www.nb.com.