BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On March 24, 2021, the Board of Trustees for BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0215 per share, payable on April 22, 2021, to shareholders of record by April 8, 2021. The ex-dividend date is April 7, 2021, consistent with the previous month's dividend. BNY Mellon Investment Adviser manages the fund, part of a significant investment management organization with $2.2 trillion in assets under management as of December 31, 2020, underscoring the fund's stability and investment capabilities.

Positive

• Monthly cash dividend maintained at $0.0215 per share, indicating stable income for shareholders.
• Managed by BNY Mellon Investment Adviser, which is part of a leading investment management organization.

Negative

• None.

On March 24, 2021, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0215 per share of beneficial interest, payable on April 22, 2021 to shareholders of record at the close of business on April 8, 2021. The ex-dividend date is April 7, 2021. The previous dividend declared in February was $0.0215 per share of beneficial interest.

Important Information

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management. BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, with US $2.2 trillion in assets under management as of December 31, 2020. BNY Mellon Investment Management encompasses BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution companies. Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from eight world-class investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of The Bank of New York Mellon Corporation (NYSE: BK), one of the world’s most trusted investment partners, which has US $41.1 trillion in assets under custody and/or administration as of December 31, 2020.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the Corporation as a whole or its various subsidiaries generally. Additional information on BNY Mellon Investment Management is available on www.im.bnymellon.com. BNY Mellon Investment Management’s website is intended to allow investors public access to information regarding the Fund and does not, and is not intended to, incorporate the website in this release.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment returns and principal values will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

This release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210324005967/en/

FAQ

What is the dividend amount declared by BNY Mellon High Yield Strategies Fund (DHF)?

The dividend declared is $0.0215 per share.

When is the dividend for DHF payable?

The dividend is payable on April 22, 2021.

What is the ex-dividend date for DHF?

The ex-dividend date is April 7, 2021.

How often does the BNY Mellon High Yield Strategies Fund (DHF) declare dividends?

DHF declares dividends monthly.

Who manages BNY Mellon High Yield Strategies Fund (DHF)?

The fund is managed by BNY Mellon Investment Adviser, Inc.