BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On April 25, 2022, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0185 per share, payable on May 23, 2022 to shareholders recorded by May 9, 2022. The ex-dividend date is May 6, 2022. This dividend remains consistent with the previous month's amount. BNY Mellon Investment Management, managing $2.3 trillion in assets, emphasizes its investor-first approach to ensure strong returns.

Positive

• Consistent monthly cash dividend of $0.0185 per share supports shareholder income.
• Strong management with $2.3 trillion in assets under management reflects stability.

Negative

• None.

NEW YORK--(BUSINESS WIRE)--

On April 25, 2022, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0185 per share of beneficial interest, payable on May 23, 2022 to shareholders of record at the close of business on May 9, 2022. The ex-dividend date is May 6, 2022. The previous dividend declared in March was $0.0185 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 March 31, 2022. 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 $45.5 trillion in assets under custody and/or administration as of March 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/20220425005933/en/

For Press Inquiries:

BNY Mellon Investment Adviser, Inc.

Jessica Rutledge

(917) 683-6820

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 Investment Adviser, Inc.

FAQ

What is the dividend amount for DHF in May 2022?

The dividend amount for BNY Mellon High Yield Strategies Fund (NYSE: DHF) in May 2022 is $0.0185 per share.

When is the ex-dividend date for DHF?

The ex-dividend date for BNY Mellon High Yield Strategies Fund (NYSE: DHF) is May 6, 2022.

When will the dividend for DHF be paid?

The dividend for BNY Mellon High Yield Strategies Fund (NYSE: DHF) will be paid on May 23, 2022.

What is the dividend frequency for DHF?

The BNY Mellon High Yield Strategies Fund (NYSE: DHF) pays dividends monthly.

How much assets does BNY Mellon Investment Management manage?

BNY Mellon Investment Management manages approximately $2.3 trillion in assets.