NEW YORK, July 31, 2017 /PRNewswire/ -- Neuberger Berman High
Yield Strategies Fund Inc. (NYSE MKT: NHS) has announced a distribution declaration of $0.0725 per
share of common stock. The distribution announced today is payable on August 31, 2017, has a record
date of August 15, 2017 and has an ex-date of August 11, 2017.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market
conditions, of $0.0725 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 approximately 1,900 professionals, as of May 1, 2017. The company was
named the #1 firm in Pensions & Investments 2016 Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and
long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages
$271 billion in client assets as of June 30, 2017. 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. 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