Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution
- Editor
- Jan 31
- 2 min read
What's Happening: Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) has declared a monthly distribution of $0.0905 per share of common stock. The distribution is payable on February 28, 2025, with a record date and ex-date of February 18, 2025.
The Key Moves:
The Fund maintains a level distribution policy, aiming to make regular monthly distributions of $0.0905 per share, subject to market conditions.
Distributions may consist of net investment income, net realized capital gains, and return of capital to maintain a stable amount.
Final determination of the distribution's source and tax characteristics will be made after the end of 2025.
By The Numbers :
Distribution amount: $0.0905 per share
Payable date: February 28, 2025
Record date and ex-date: February 18, 2025
Key Quotes:
There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist only of net investment income.
The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, the cost of leverage and the level of other Fund fees and expenses.
A notice would be provided for any distribution that does not consist solely of net investment income, disclosing estimated portions of the distribution consisting of net investment income, capital gains and return of capital.
The Bottom Line: Neuberger Berman High Yield Strategies Fund Inc. continues its commitment to providing regular monthly distributions to shareholders. While the Fund aims to maintain a stable distribution amount, investors should be aware that the composition of these distributions may vary and could include elements of net investment income, capital gains, and return of capital.
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