BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On July 26, 2022, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0185 per share from net investment income. The dividend is payable on August 23, 2022 to shareholders on record by August 9, 2022, with the ex-dividend date set for August 8, 2022. This dividend remains unchanged from the previous month's declaration. BNY Mellon Investment Management manages assets worth $1.9 trillion as of June 30, 2022.

Positive

• Monthly cash dividend of $0.0185 per share declared, maintaining the previous level.
• Assets under management of BNY Mellon Investment Management are approximately $1.9 trillion, indicating strong management capacity.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- On July 26, 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 August 23, 2022 to shareholders of record at the close of business on August 9, 2022. The ex-dividend date is August 8, 2022. The previous dividend declared in June 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 $1.9 trillion in assets under management as of June 30, 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 $43 trillion in assets under custody and/or administration as of June 30, 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/20220726006105/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 declared by BNY Mellon High Yield Strategies Fund (DHF) for August 2022?

The dividend amount declared is $0.0185 per share.

When is the ex-dividend date for BNY Mellon High Yield Strategies Fund's August 2022 dividend?

The ex-dividend date is August 8, 2022.

What is the payment date for the August 2022 dividend of DHF?

The payment date for the August 2022 dividend is August 23, 2022.

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

BNY Mellon High Yield Strategies Fund pays dividends monthly.

What were the assets under management for BNY Mellon Investment Management as of June 30, 2022?

The assets under management were approximately $1.9 trillion.