BNY Mellon High Yield Strategies Fund Declares Dividend

Rhea-AI Summary

On July 27, 2021, BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0215 per share from net investment income, payable on August 24, 2021. Shareholders of record must hold shares by the close of business on August 10, 2021, with the ex-dividend date set for August 9, 2021. This dividend amount remains the same as the previous month’s declaration in June. The fund's investment returns and principal values may fluctuate, indicating potential risks for investors.

Positive

• Monthly cash dividend of $0.0215 per share confirms continued income for shareholders.

Negative

• Investment returns and principal values may fluctuate, posing risks for investors.

On July 27, 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 August 24, 2021 to shareholders of record at the close of business on August 10, 2021. The ex-dividend date is August 9, 2021. The previous dividend declared in June 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 $2.3 trillion in assets under management as of June 30, 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 $45 trillion in assets under custody and/or administration as of June 30, 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/20210727006153/en/

FAQ

What is the dividend amount declared for DHF in July 2021?

The dividend amount declared for DHF in July 2021 is $0.0215 per share.

When is the payment date for DHF's July 2021 dividend?

The payment date for DHF's July 2021 dividend is August 24, 2021.

What is the record date for DHF's July 2021 dividend?

The record date for DHF's July 2021 dividend is August 10, 2021.

What is the ex-dividend date for DHF's July 2021 dividend?

The ex-dividend date for DHF's July 2021 dividend is August 9, 2021.

Is the dividend for DHF sustainable?

The sustainability of DHF's dividends depends on the fund's investment performance and net investment income.