BNY Mellon High Yield Strategies Fund (DHF)
Market Value | 192.02M |
Revenue (ttm) | 23.21M |
Net Income (ttm) | 24.31M |
Shares Out | 72.74M |
EPS (ttm) | 0.33 |
PE Ratio | 7.90 |
Forward PE | n/a |
Dividend | $0.22 (8.18%) |
Ex-Dividend Date | Nov 6, 2024 |
Volume | 470,393 |
Open | 2.620 |
Previous Close | 2.620 |
Day's Range | 2.610 - 2.640 |
52-Week Range | 2.200 - 2.690 |
Beta | 0.89 |
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]
News
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On October 23, 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 sh...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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.
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.
'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.
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...
'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.
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...