NEUBERGER BERMAN High Yield Strategy Fund Announces Monthly Distribution

New York, April 30, 2024 /PRNewswire/—— Neuberger Berman High Yield Strategies Fund (NYSE US: NHS) (the “Fund”) has published a distribution statement $0.0905 per share of common stock.The allocation announced today will be May 31, 2024the recording date is May 15, 2024the ex-dividend date is May 14, 2024.

In accordance with its horizontal allocation policy, the Fund is expected to make regular monthly distributions based on market conditions $0.0905 per common share, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a variety of factors, including the amount and stability of investment income, the cost of leverage and the level of other Fund fees and expenses. There is no guarantee that a Fund will always be able to pay any specific amount of a distribution or that distributions will consist solely of net investment income.

To maintain stable distribution amounts, the distribution announced today, and future distributions, may include net investment income, net realized capital gains and returns of capital. Notice will be provided under Section 19 of the Investment Company Act of 1940, as amended, for any distribution that consists of more than net investment income. This notice is for informational purposes only, not for tax reporting purposes, and will disclose the estimated portion of the distribution, if any, including net investment income, capital gains and return of capital. Final determinations of the source and tax characteristics of all 2024 distributions will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment management firm founded in 1939 with more than 2,800 employees in 26 countries.The company manages $474 billion Providing equity, fixed income, private equity, real estate and hedge fund portfolios to institutions, advisors and individuals worldwide. Neuberger Berman's investment philosophy is based on active management, fundamental research and participatory ownership. UNPRI ranks the company as a Leader, a title earned by less than 1% of portfolio companies for excellence in environmental, social and governance practices. Neuberger Berman has been ranked either the No. 1 or No. 2 Best Place to Work (companies with more than 1,000 employees) in Money Management by Pensions & Investments each of the past ten years. Please visit for more information.Data as of March 31, 2024.

The forward-looking statements in this press release involve risks and uncertainties. Such risks and uncertainties include, but are not limited to, the adverse effects of a decline in the securities market or a decline in Fund performance, a general economic downturn, competition from other closed-end investment companies, changes in government policy or regulation, the inability of the Fund's investment adviser to attract or retain loss of key employees, the Fund's inability to implement its investment strategies, the Fund's inability to manage rapid expansion and unforeseen costs, and other impacts associated with legal proceedings or investigations by governments and self-regulatory organizations.

Loeb & Maibermann Investment Consulting Co., Ltd.
Investor information

3rd party advertising. Not an offer or recommendation by disclosures here or
Remove ads

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *