STOCK TITAN

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.

Rhea-AI Summary

On August 24, 2022, the BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly cash dividend of $0.0185 per share, to shareholders of record by September 8, 2022. This dividend will be payable on September 22, 2022, maintaining the previous month's dividend amount. BNY Mellon Investment Management, managing $1.9 trillion in assets, emphasizes an investor-first approach, supporting the fund's commitment to stability and growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
dividends
-
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
dividends
-
Rhea-AI Summary

On June 22, 2022, the BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly cash dividend of $0.0185 per share, to be paid on July 21, 2022, to shareholders of record as of July 7, 2022. The ex-dividend date is set for July 6, 2022. This marks the same dividend amount as the previous month. BNY Mellon Investment Management, which oversees the fund, manages approximately $2.3 trillion in assets, underscoring the strength and stability of the firm.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
dividends
Rhea-AI Summary

BNY Mellon has announced the sale of its indirect equity interest in Alcentra to Franklin Templeton, with expected completion in Q4 2022. Following the transaction, the portfolio managers of BNY Mellon High Yield Strategies Fund will exclusively manage the fund under Alcentra. A sub-advisory agreement will be submitted for shareholder approval. Importantly, there will be no increase in advisory fees as a result of this transaction. Alcentra currently manages over $39 billion in assets, indicating strong expertise in investment strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

On May 24, 2022, the Board of Trustees for BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0185 per share, payable on June 23, 2022. Shareholders of record on June 8, 2022 will receive this dividend. The ex-dividend date is set for June 7, 2022. This dividend amount matches the previous month's dividend of $0.0185. BNY Mellon Investment Management oversees the fund, managing $2.3 trillion in assets as of March 31, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
dividends
-
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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
dividends
Rhea-AI Summary

On March 24, 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 April 22, 2022. Shareholders of record as of April 7, 2022 will receive this dividend, with the ex-dividend date set for April 6, 2022. This marks the same dividend amount as declared in February 2022. BNY Mellon Investment Management oversees the Fund, which had $2.4 trillion in assets under management as of December 31, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
dividends
-
Rhea-AI Summary

On February 23, 2022, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0185 per share, payable on April 1, 2022, to shareholders of record as of March 9, 2022. The ex-dividend date is set for March 8, 2022. This marks the same dividend amount declared in January 2022. The Fund is managed by BNY Mellon Investment Adviser, Inc., which oversees $2.4 trillion in assets under management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary

On January 26, 2022, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0185 per share from net investment income. This dividend is payable on February 24, 2022, to shareholders of record by February 9, 2022. The ex-dividend date is February 8, 2022. The fund's previous dividend was the same amount. BNY Mellon Investment Management manages the fund, part of a firm with $2.4 trillion in assets as of December 31, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary

On December 7, 2021, the Board of Trustees of BNY Mellon High Yield Strategies Fund (DHF) declared a monthly cash dividend of $0.0185 per share, payable on January 6, 2022. Shareholders of record on December 21, 2021 will receive this dividend, with an ex-dividend date of December 20, 2021. This dividend remains unchanged from the previous month. BNY Mellon Investment Management oversees the fund, which is part of a large asset management firm managing $2.3 trillion as of September 30, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
dividends

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

DHF Rankings

DHF Stock Data

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