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BNY Mellon High Yield Strategies Fund - DHF STOCK NEWS

Welcome to our dedicated page for BNY Mellon High Yield Strategies Fund news (Ticker: DHF), a resource for investors and traders seeking the latest updates and insights on BNY Mellon High Yield Strategies Fund stock.

BNY Mellon High Yield Strategies Fund (symbol: DHF) is a diversified, closed-end management investment company. With a primary investment objective of seeking high current income and a secondary goal of capital appreciation, the fund strategically invests in fixed-income securities of below-investment-grade credit quality.

Established to offer investors access to high-yielding investment opportunities, BNY Mellon High Yield Strategies Fund focuses on bonds and other income-generating securities. These investments are carefully selected to provide attractive returns while managing risk through diversification and professional management.

Over recent years, the fund has aimed to adapt and respond to market conditions by adjusting its portfolio composition. This proactive approach helps in maintaining a balance between income generation and capital growth potential. The fund’s experienced management team conducts thorough research and analysis to identify investment opportunities that align with its objectives.

Investors interested in BNY Mellon High Yield Strategies Fund can expect regular income distributions, which are derived from the interest payments received from the fund’s holdings. Given its focus on below-investment-grade credit quality, the fund may present higher yields compared to traditional investment-grade securities, albeit with higher risk.

The fund leverages BNY Mellon's extensive expertise in asset management, benefiting from a robust research infrastructure and a global perspective. This affiliation supports the fund’s ability to manage complex portfolios effectively and seek attractive investment opportunities in various market environments.

For those who prioritize income generation and are willing to accept increased risk, BNY Mellon High Yield Strategies Fund offers a compelling option. The fund’s ongoing commitment to achieving high current income while pursuing capital appreciation ensures it remains an attractive choice for income-focused investors.

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On April 26, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.015 per share. This dividend, derived from net investment income, is payable on May 24, 2023, to shareholders who are recorded by the close of business on May 10, 2023, with the ex-dividend date set for May 9, 2023. The amount remains consistent with the previous dividend declared in March. As of March 31, 2023, BNY Mellon Investment Management managed $1.9 trillion in assets, showcasing the firm's extensive financial capability in the asset management sector.

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On March 28, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.015 per share, payable on April 26, 2023, to shareholders of record by April 12, 2023. The ex-dividend date is April 11, 2023. This dividend remains consistent with the previous amount declared in February. BNY Mellon Investment Management, managing $1.8 trillion in assets, supports the Fund with a focus on providing specialized investment solutions.

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On February 23, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly cash dividend of $0.015 per share, payable on April 3, 2023. Shareholders of record will be those holding shares by the close of business on March 9, 2023, with the ex-dividend date set for March 8, 2023. This dividend amount remains consistent with the previous declaration in January.

BNY Mellon Investment Management, managing $1.8 trillion in assets as of December 31, 2022, provides a range of investment solutions bolstered by BNY Mellon's $44.3 trillion assets under custody.

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On January 25, 2023, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.015 per share, to be paid on February 23, 2023. Shareholders must be on record by February 8, 2023, with an ex-dividend date set for February 7, 2023. This dividend matches the previous month's amount. The investment adviser, BNY Mellon Investment Adviser, Inc., is part of a large asset manager with $1.8 trillion in assets under management as of December 31, 2022. The fund entails risks, including fluctuating returns and values.

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On November 21, 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 December 20, 2022, to shareholders of record on December 6, 2022. The ex-dividend date is December 5, 2022. This is consistent with the previous month's dividend. BNY Mellon Investment Management manages $1.8 trillion in assets, reinforcing its strong market position.

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On November 1, 2022, BNY Mellon completed the sale of Alcentra NY to Franklin Templeton. This transaction led to new sub-investment advisory agreements for the BNY Mellon High Yield Strategies Fund and BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Alcentra NY is now the sub-adviser under these agreements. While shareholder approval is pending for the BNY Mellon Alcentra Global Multi-Strategy Credit Fund, an interim advisory agreement has been approved to manage investments. BNY Mellon Investment Management oversees $1.8 trillion in assets.

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On October 24, 2022, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0185 per share, payable on November 22, 2022, to shareholders of record as of November 7, 2022. The dividend remains unchanged from the previous month. BNY Mellon Investment Management, managing $1.8 trillion in assets as of September 30, 2022, continues to focus on delivering specialized investment solutions. This dividend declaration reflects the Fund's net investment income and aims to provide steady income for shareholders.

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On September 27, 2022, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly cash dividend of $0.0185 per share. This dividend is payable on October 26, 2022 to shareholders on record by October 12, 2022, with an ex-dividend date of October 11, 2022. This marks no change from the previous dividend declared in August. BNY Mellon Investment Management manages the fund, overseeing assets totaling $1.9 trillion as of June 30, 2022.

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FAQ

What is the current stock price of BNY Mellon High Yield Strategies Fund (DHF)?

The current stock price of BNY Mellon High Yield Strategies Fund (DHF) is $2.56 as of December 20, 2024.

What is the market cap of BNY Mellon High Yield Strategies Fund (DHF)?

The market cap of BNY Mellon High Yield Strategies Fund (DHF) is approximately 186.2M.

What is the primary objective of BNY Mellon High Yield Strategies Fund?

The primary objective is to seek high current income.

What is the secondary objective of the fund?

The secondary objective is capital appreciation.

In what types of securities does the fund invest?

The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.

How does BNY Mellon High Yield Strategies Fund generate income?

Income is generated through interest payments received from the fund’s holdings.

What type of management does the fund have?

It is a diversified, closed-end management investment company.

What kind of yield can investors expect from this fund?

Investors can expect higher yields compared to traditional investment-grade securities, given its focus on below-investment-grade credit quality.

What are the key benefits of investing in BNY Mellon High Yield Strategies Fund?

Key benefits include high current income, potential capital appreciation, and professional management leveraging BNY Mellon's expertise.

How does the fund manage risk?

The fund manages risk through diversification and regular portfolio adjustments based on market conditions.

Who manages the BNY Mellon High Yield Strategies Fund?

The fund is managed by an experienced team within BNY Mellon, using extensive research and global market insights.

What makes this fund suitable for income-focused investors?

Its focus on generating high current income and potential for capital appreciation makes it attractive for income-focused investors willing to accept higher risk.

BNY Mellon High Yield Strategies Fund

NYSE:DHF

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DHF Stock Data

186.21M
72.49M
0.01%
43.38%
0.06%
Asset Management
Financial Services
United States of America
New York