Wolverine Asset Management LLC Takes $362,000 Position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Wolverine Asset Management LLC purchased a new position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 48,290 shares of the investment management company’s stock, valued at approximately $362,000.

Other large investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC purchased a new stake in Neuberger Berman High Yield Strategies Fund during the 4th quarter valued at about $109,000. MRA Advisory Group grew its position 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 purchasing an additional 2,030 shares in the last quarter. Truist Financial Corp acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at approximately $152,000. Robinson Capital Management LLC acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at approximately $187,000. Finally, SeaCrest Wealth Management LLC lifted its position in Neuberger Berman High Yield Strategies Fund by 5.3% during the fourth quarter. SeaCrest Wealth Management LLC now owns 44,281 shares of the investment management company’s stock worth $332,000 after buying an additional 2,247 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Performance

Shares of NYSEAMERICAN:NHS opened at $7.79 on Monday. Neuberger Berman High Yield Strategies Fund Inc. has a 52-week low of $7.47 and a 52-week high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be issued a $0.0905 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 13.94%. The ex-dividend date is Tuesday, February 18th.

About Neuberger Berman High Yield Strategies Fund

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.