BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On May 24, 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 June 22, 2021, to shareholders of record by June 8, 2021. The dividend matches the previous month's amount. BNY Mellon Investment Management, managing $2.2 trillion in assets, supports the fund's investor-focused approach. Investors should note that closed-end fund shares may trade at a premium or discount to net asset value, with no guarantee of achieving investment objectives.

Positive

• Consistent monthly dividend of $0.0215 per share, indicating stability for shareholders.

Negative

• Closed-end fund shares may fluctuate in value, posing a risk to investors.

On May 24, 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 June 22, 2021 to shareholders of record at the close of business on June 8, 2021. The ex-dividend date is June 7, 2021. The previous dividend declared in April 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 $2.2 trillion in assets under management as of March 31, 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 $41.7 trillion in assets under custody and/or administration as of March 31, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210524005819/en/

FAQ

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

The declared dividend amount is $0.0215 per share.

When is the dividend payment date for DHF?

The dividend payment date is June 22, 2021.

What is the ex-dividend date for DHF?

The ex-dividend date is June 7, 2021.

Who manages the BNY Mellon High Yield Strategies Fund (DHF)?

The fund is managed by BNY Mellon Investment Adviser, Inc.

How does the market value of DHF shares fluctuate?

DHF shares may trade at a premium or discount to their net asset value.