Apollon Wealth Management LLC Acquires New Shares in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

Apollon Wealth Management LLC acquired a new stake in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,535 shares of the investment management company’s stock, valued at approximately $109,000. Apollon Wealth Management LLC owned about 0.05% of Neuberger Berman High Yield Strategies Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MRA Advisory Group increased its holdings in Neuberger Berman High Yield Strategies Fund by 16.1% in the 4th 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 during the last quarter. SeaCrest Wealth Management LLC lifted its stake in Neuberger Berman High Yield Strategies Fund by 5.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 44,281 shares of the investment management company’s stock worth $332,000 after acquiring an additional 2,247 shares in the last quarter. PFG Investments LLC grew its position in Neuberger Berman High Yield Strategies Fund by 34.1% in the 3rd quarter. PFG Investments LLC now owns 39,541 shares of the investment management company’s stock valued at $343,000 after acquiring an additional 10,044 shares in the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in Neuberger Berman High Yield Strategies Fund by 210.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 88,850 shares of the investment management company’s stock valued at $770,000 after acquiring an additional 60,262 shares in the last quarter.

Neuberger Berman High Yield Strategies Fund Trading Up 0.6 %

NYSEAMERICAN:NHS opened at $7.87 on Friday. 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 Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a $0.0905 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 13.80%. The ex-dividend date is Tuesday, February 18th.

Neuberger Berman High Yield Strategies Fund Company 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.