BNY Mellon High Yield Strategies Fund (DHF)

NYSE: DHF · Real-Time Price · USD
2.560
+0.020 (0.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.79%
Market Value 186.21M
Revenue (ttm) 23.11M
Net Income (ttm) 33.05M
Shares Out 72.74M
EPS (ttm) 0.45
PE Ratio 5.63
Forward PE n/a
Dividend $0.22 (8.44%)
Ex-Dividend Date Dec 6, 2024
Volume 174,867
Open 2.540
Previous Close 2.540
Day's Range 2.535 - 2.582
52-Week Range 2.270 - 2.690
Beta 0.88
Analysts n/a
Price Target n/a
Earnings Date n/a

About DHF

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was ... [Read more]

Sector Financials
Founded 1998
Country United States
Stock Exchange NYSE
Ticker Symbol DHF
Full Company Profile

News

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK--(BUSINESS WIRE)--On December 12, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per s...

9 days ago - Business Wire

5 Closed-End Fund Buys In The Month Of September 2024

The broader market indexes continue to hit all-time highs, with broader participation continuing into September. Every month, I add to my positions in my closed-end fund portfolio to grow my cash flow...

Other symbols: FLCHTDHYBNEENUWTEAFXLU
2 months ago - Seeking Alpha

DHF: Relatively Attractive And Fully Covered ~8% Yield

BNY Mellon High Yield Strategies Fund offers a diversified portfolio of below-investment-grade debt, with geographic diversification in U.S. and European markets. The fund's discount has narrowed, boo...

2 months ago - Seeking Alpha

BNY Mellon High Yield Strategies Fund Permitted to Invest Up to 20% of Total Assets in Floating Rate Loans

NEW YORK--(BUSINESS WIRE)--On Thursday, August 8, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) approved a proposal, effective August 15, 2024, to permit BNY Mellon ...

4 months ago - Business Wire

Building A 10% Income Portfolio Today

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up...

7 months ago - Seeking Alpha

DHF: Remains A Fair Choice In The High-Yield Space

BNY Mellon High Yield Strategies Fund has increased its distribution thanks to strong distribution coverage. DHF also trades at an attractive valuation, making it a potential option for investors in t...

9 months ago - Seeking Alpha

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Other symbols: BKTCBHCCIFCMUCXECXHEOD
10 months ago - Seeking Alpha

BNY Mellon High Yield Strategies Fund Declares Distribution and Announces Increase in Monthly Distribution Amount

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) today announced a monthly cash distribution of $0.0175 per share of beneficial interest, payable on April 1, 2024 to shareh...

10 months ago - Business Wire

DHF Vs. DHY: High Yield Plays At Attractive Discounts

Credit Suisse High Yield Bond Fund and BNY Mellon High Yield Strategies Fund offer high monthly distributions and are trading at attractive discounts. Both funds utilize leverage to increase their pot...

Other symbols: DHY
11 months ago - Seeking Alpha

DHF: Sell This Low-Yielding Junk Bond Fund Before The Market Corrects

BNY Mellon High Yield Strategies Fund offers a 7.76% yield, but other junk bond funds have considerably higher yields. The DHF closed-end fund has delivered impressive performance in recent months, bu...

1 year ago - Seeking Alpha

DHF: Decent Junk Bond Fund At A Good Price, But Distribution History Problematic

BNY Mellon High Yield Strategies Fund offers a high yield of 8.18%, higher than many other investments in the market. The DHF closed-end fund's recent price performance has been decent, only down 0.90...

1 year ago - Seeking Alpha

BNY Mellon High Yield Strategies Fund Declares Distribution and Announces Reduction in Monthly Distribution Amount

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) today announced a monthly cash distribution of $0.015 per share of beneficial interest, payable on January 13, 2023 to sh...

2 years ago - Business Wire

The Quality Closed-End Fund Report, October 2022

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: HFROPHD
2 years ago - Seeking Alpha

DHF: High Yield CEF, Long Track Record

BNY Mellon High Yield Strategies Fund is a fixed income closed end fund. The vehicle has a long track record, having IPO-ed in 1998.

2 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, August 2022

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: BGBBGXBSLDCFDFPDLYDSL
2 years ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, July 2022

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: BGBBGHBGXBSLDCFDFPDSL
2 years ago - Seeking Alpha

'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ARDCBGHBGXBLWBWGCIKDBL
3 years ago - Seeking Alpha

Quality Closed-End Fund Report, February 2022

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.

Other symbols: BANXBFZBGBBGHBGXCEVCMU
3 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: November 28, 2021

4 out of 24 CEF sectors positive on price and 2 out of 24 sectors positive on NAV last week. Date for PIMCO merger of PCI and PKO into PDI announced.

Other symbols: ASGBCVBHVBTACBHCEVCIF
3 years ago - Seeking Alpha

BNY Mellon High Yield Strategies Fund, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. and BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Appoint Bradley J. Skapyak as Board Member

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF), BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) and BNY Mellon Alcentra Global Multi-Stra...

Other symbols: DCF
3 years ago - Business Wire

The 'High-High-Low' Closed-End Fund Report, August 2021

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ACPAODBGHBGXBTZCIKDBL
3 years ago - Seeking Alpha

Some Relative CEF Value Trades And Opportunities

These are some options that I think you can buy today if you own the selling candidate. Some of the buy candidates on here I would even buy outright if I didn't own the "sell."

Other symbols: BGBBGXBITBLWBSLCIFEVG
3 years ago - Seeking Alpha

'High-High-Low' Closed-End Fund Report, (Belated) January 2021

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.

Other symbols: ARDCCIKDHYDSLEMDHNWHPF
4 years ago - Seeking Alpha

BNY Mellon High Yield Strategies Fund Announces Change in Leverage Providers

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) (the “Fund”) today announced entry into a new credit facility of up to $125 million with BNP Paribas Prime Brokerage Intern...

4 years ago - Business Wire

The Month In Closed-End Funds: July 2020

For the fourth month in a row, equity CEFs on average posted positive returns, rising 3.42% on a NAV basis for July.

Other symbols: ASACHNEMFFTHYTNHSTDF
4 years ago - Seeking Alpha