BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On February 23, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly cash dividend of $0.015 per share, payable on April 3, 2023. Shareholders of record will be those holding shares by the close of business on March 9, 2023, with the ex-dividend date set for March 8, 2023. This dividend amount remains consistent with the previous declaration in January.

BNY Mellon Investment Management, managing $1.8 trillion in assets as of December 31, 2022, provides a range of investment solutions bolstered by BNY Mellon's $44.3 trillion assets under custody.

Positive

• Monthly cash dividend of $0.015 per share, maintaining consistent dividend payouts.
• Strong asset management representation with $1.8 trillion managed.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- On February 23, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.015 per share of beneficial interest, payable on April 3, 2023 to shareholders of record at the close of business on March 9, 2023. The ex-dividend date is March 8, 2023. The previous dividend declared in January was $0.015 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 $1.8 trillion in assets under management as of December 31, 2022. Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from seven 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 $44.3 trillion in assets under custody and/or administration as of December 31, 2022. 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 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/20230223005963/en/

For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Courtney Woolston

(212) 635-6027

For Other Inquiries:

BNY Mellon Securities Corporation

The National Marketing Desk

240 Greenwich Street

New York, New York 10286

1-800-334-6899

Source: BNY Mellon High Yield Strategies Fund

FAQ

What is the dividend amount for BNY Mellon High Yield Strategies Fund (DHF) in 2023?

The dividend amount declared is $0.015 per share.

When is the ex-dividend date for DHF shares?

The ex-dividend date is March 8, 2023.

When will the dividend for DHF be paid?

The dividend will be paid on April 3, 2023.

Who is eligible to receive the DHF dividend?

Shareholders of record as of March 9, 2023, are eligible.

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

DHF pays dividends monthly.