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BNY Mellon High Yield Strategies Fund Declares Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
On October 25, 2021, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly cash dividend of $0.0215 per share, payable on November 23, 2021 to shareholders of record by November 8, 2021. The ex-dividend date is set for November 5, 2021. This dividend remains consistent with the previous month's announcement. BNY Mellon Investment Management, with $2.3 trillion in assets under management, oversees the fund.
Positive
Consistent monthly cash dividend of $0.0215 per share indicates stable income for shareholders.
Managed by BNY Mellon Investment Management, a major player with $2.3 trillion in assets, enhancing investor confidence.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
On October 25, 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 November 23, 2021 to shareholders of record at the close of business on November 8, 2021. The ex-dividend date is November 5, 2021. The previous dividend declared in September 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 largest asset managers, with $2.3 trillion in assets under management as of September 30, 2021. Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from eight investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon. Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com.
BNY Mellon Investment Management is a division of BNY Mellon, which has $45.3 trillion in assets under custody and/or administration as of September 30, 2021. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
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.
