Imagine locking in steady income from high-yield investments even when markets get rocky—Neuberger Berman’s latest move could be a game-changer for income-focused investors!
Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS), affectionately known as the “Fund,” just revealed its newest monthly payout: a solid $0.0905 per share for common stock holders. This upcoming distribution hits your account on December 31, 2025, with both the record date and ex-date set for December 15, 2025. For beginners dipping their toes into closed-end funds, think of these dates as key milestones—the record date determines if you’re eligible, and the ex-date is when the stock starts trading without the dividend attached, kind of like missing the train if you buy after it leaves the station.
But here’s where it gets interesting under their level distribution policy… The Fund plans to dish out these $0.0905 per share payments every month, come rain or shine in the markets, unless they decide to tweak the amount later. Of course, sustaining this rate isn’t a sure thing—it hinges on factors like how much steady income pours in from their high-yield bond portfolio, the expenses tied to any leverage they use (which amplifies both gains and risks), and overall fund costs. No guarantees here; distributions might dip or vary if investments underperform, highlighting why savvy investors always diversify beyond just yield promises.
And this is the part most people miss—and it sparks real debate… To keep payouts consistent and appealing, this distribution (and likely future ones) could blend net investment income, realized capital gains from sold assets, or even a return of your own capital—essentially giving back part of your principal. Picture it like a fruit tree: sometimes you get fresh fruit (income/gains), sometimes you trim branches (selling assets), and occasionally you hand back some soil (return of capital) to keep the harvest steady. Per Section 19 of the Investment Company Act of 1940, they’ll send a heads-up notice if it’s not purely from net investment income—this is just for info, not your tax forms—and it’ll break down estimates of each component. The real tax scoop for all 2025 payouts? That gets finalized post-year-end, so hold off on crunching those numbers just yet.
Meet the powerhouse behind it all: Neuberger Berman. This employee-owned, independent investment giant kicked off in 1939 and now boasts over 2,900 team members across 26 countries, steering $558 billion in assets through equities, fixed income, private equity, real estate, and hedge funds for big institutions, advisors, and everyday folks like you. Their secret sauce? A commitment to hands-on active management, deep-dive fundamental research, and proactive ownership in their picks. They’ve snagged the #1 Best Place to Work in Money Management spot from Pensions & Investments for over a decade running (among firms with 1,000+ employees)—talk about a workplace that breeds top-tier results! Dive deeper at www.nb.com, and check www.nb.com/disclosure-global-communications for the fine print on those awards. All figures snapshot as of September 30, 2025.
A quick reality check on the risks ahead… Forward-looking chats like this come with caveats—think market slumps tanking security values or the Fund’s returns, economic slowdowns, stiff competition from rival closed-end funds, shifts in government rules, talent drain at the investment adviser, hiccups in executing their strategy, scaling pains from growth, surprise legal headaches, or regulatory probes. It’s a reminder that high yield often dances with higher risk.
Ready to weigh in? Do you trust level distribution policies like this to deliver reliable income, or does the potential return of capital feel like a hidden gotcha that could erode your principal over time? Drop your thoughts in the comments—love hearing if you’re bullish on NHS or eyeing alternatives! For investor queries, reach Neuberger Berman Investment Advisers LLC at (877) 461-1899.
SOURCE: Neuberger Berman