MRA Advisory Group Increases Stock Holdings in Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS)

MRA Advisory Group boosted its position in shares of Neuberger Berman High Yield Strategies Fund Inc. (NYSEAMERICAN:NHS) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,624 shares of the investment management company’s stock after purchasing an additional 2,030 shares during the period. MRA Advisory Group owned approximately 0.05% of Neuberger Berman High Yield Strategies Fund worth $110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased its position in shares of Neuberger Berman High Yield Strategies Fund by 20.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 14,871 shares of the investment management company’s stock worth $116,000 after purchasing an additional 2,534 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of Neuberger Berman High Yield Strategies Fund during the second quarter valued at about $224,000. PFG Investments LLC raised its stake in shares of 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 during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in shares of Neuberger Berman High Yield Strategies Fund by 17.8% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 42,034 shares of the investment management company’s stock worth $364,000 after acquiring an additional 6,346 shares during the last quarter.

Neuberger Berman High Yield Strategies Fund Stock Performance

NYSEAMERICAN NHS opened at $7.61 on Tuesday. Neuberger Berman High Yield Strategies Fund Inc. has a 1-year low of $7.47 and a 1-year high of $8.67.

Neuberger Berman High Yield Strategies Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a $0.0905 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.09 annualized dividend and a dividend yield of 14.27%.

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.