Guggenheim Capital LLC Has $989,000 Stock Position in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Guggenheim Capital LLC reduced its stake in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 34.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,075 shares of the investment management company’s stock after selling 61,318 shares during the quarter. Guggenheim Capital LLC owned 0.79% of Neuberger Berman High Yield Strategies Fund worth $989,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NHS. GPS Wealth Strategies Group LLC bought a new position in Neuberger Berman High Yield Strategies Fund in the first quarter valued at about $36,000. Worth Asset Management LLC bought a new position in Neuberger Berman High Yield Strategies Fund in the first quarter valued at about $50,000. Brown Advisory Inc. bought a new position in Neuberger Berman High Yield Strategies Fund in the fourth quarter valued at about $85,000. Neuberger Berman Group LLC bought a new position in Neuberger Berman High Yield Strategies Fund in the third quarter valued at about $95,000. Finally, Susquehanna International Group LLP bought a new position in shares of Neuberger Berman High Yield Strategies Fund during the fourth quarter worth about $98,000. 16.92% of the stock is owned by institutional investors and hedge funds.

Neuberger Berman High Yield Strategies Fund Stock Up 0.1 %

Shares of NHS opened at $7.80 on Monday. Neuberger Berman High Yield Strategies Fund Inc. has a 1 year low of $7.41 and a 1 year high of $9.40.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.0905 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.09 dividend on an annualized basis and a yield of 13.92%.

Neuberger Berman High Yield Strategies Fund Profile

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.