BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On June 25, 2024, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0175 per share, payable on July 24, 2024, to shareholders of record by July 10, 2024, with the same ex-dividend date.

BNY Mellon, the fund advisor, manages $2.0 trillion in assets as of March 31, 2024, and has $48.8 trillion in assets under custody or administration.

BNY Mellon is America's oldest bank, founded in 1784, and is known for its comprehensive financial solutions.

Positive

• Monthly cash dividend of $0.0175 per share declared, payable on July 24, 2024.
• BNY Mellon manages $2.0 trillion in assets, showcasing financial robustness.

Negative

• No assurance that the Fund will achieve its investment objective.

NEW YORK--(BUSINESS WIRE)-- On June 25, 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 July 24, 2024, to shareholders of record at the close of business on July 10, 2024. The ex-dividend date is July 10, 2024. The previous dividend declared in May 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 Investments. BNY Investments is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of March 31, 2024. Through a client-first approach, BNY Investments 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. Additional information on BNY Investments is available on www.bnymellonim.com. Follow us on LinkedIn for the latest company news and activity.

BNY Investments is a division of BNY, which has $48.8 trillion in assets under custody and/or administration as of March 31, 2024. Established in 1784, BNY is America's oldest bank. Today, BNY powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY 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/20240625676991/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

When is the next dividend payment date for DHF?

The next dividend payment date for DHF is July 24, 2024.

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

The declared dividend amount is $0.0175 per share.

What is the record date for the DHF dividend?

The record date for the DHF dividend is July 10, 2024.

When is the ex-dividend date for the DHF dividend?

The ex-dividend date for the DHF dividend is July 10, 2024.

How much in assets does BNY Mellon manage?

BNY Mellon manages $2.0 trillion in assets as of March 31, 2024.

What are the assets under custody or administration by BNY Mellon?

BNY Mellon has $48.8 trillion in assets under custody or administration.