NEW YORK, Dec. 30, 2016 /PRNewswire/ -- Neuberger Berman
High Yield Strategies Fund Inc. (NYSE MKT: NHS) has announced a distribution declaration of $0.08
per share of common stock. The distribution announced today is payable on January 31, 2017, has a
record date of January 17, 2017 and has an ex-date of January 12,
2017.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market
conditions, of $0.08 per share, unless the Board believes that further action is warranted to
determine another amount. The Fund's ability to maintain a stable distribution will depend on several factors, including
the stability of income received from its investments, the cost of leverage and the level of other Fund expenses. There is no
assurance that the Fund will always be able to pay a distribution of any particular rate or that a distribution will consist only
of net investment income.
Due to an effort to maintain a stable distribution amount, the distribution declared, as well as future distributions, may
consist of net investment income, realized capital gains and return of capital. In compliance with Section 19 of the Investment
Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment
income. This notice would be for informational purposes, and would disclose, among other things, estimated portions of the
distributions, if any, consisting of net investment income, capital gain and return of capital.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities,
fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries,
Neuberger Berman's team is more than 1,900 professionals and the company was named by Pensions & Investments as
a Best Place to Work in Money Management for four consecutive years. Tenured, stable and
long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages
$255 billion in client assets as of September 30, 2016. For more
information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties and are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without
limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general
downturn in the economy, competition from other closed-end investment companies, changes in government policy or regulation,
inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment
strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or
investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman High Yield Strategies Fund Inc.