BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On March 26, 2024, BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0175 per share, payable on April 24, 2024. The ex-dividend date is April 9, 2024. BNY Mellon Investment Management, with $2.0 trillion in assets under management, is the fund's adviser. BNY Mellon, America's oldest bank, has $47.8 trillion in assets under custody/administration. Closed-end funds may trade at a premium or discount to the net asset value.

NEW YORK--(BUSINESS WIRE)-- On March 26, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on April 24, 2024, to shareholders of record at the close of business on April 10, 2024. The ex-dividend date is April 9, 2024. The previous dividend declared in February was $0.0175 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 $2.0 trillion in assets under management as of December 31, 2023. Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon. Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com. Follow us on LinkedIn for the latest company news and activity.

BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023. Established in 1784, BNY Mellon is America's oldest bank. Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. 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 LinkedIn or visit our 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/20240326680247/en/

For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Sue Watt

(212) 815-3757

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 declared by BNY Mellon High Yield Strategies Fund (DHF)?

BNY Mellon High Yield Strategies Fund declared a monthly cash dividend of $0.0175 per share.

When is the dividend payable to shareholders of BNY Mellon High Yield Strategies Fund (DHF)?

The dividend is payable on April 24, 2024, to shareholders of record at the close of business on April 10, 2024.

Who is the investment adviser for BNY Mellon High Yield Strategies Fund (DHF)?

BNY Mellon Investment Management, with $2.0 trillion in assets under management, is the investment adviser for the fund.

What is the total assets under custody/administration of BNY Mellon?

BNY Mellon has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

Where can additional information on BNY Mellon Investment Management be found?

Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com.