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BNY Mellon High Yield Strategies Fund

DHF

Market cap $164M

2.26 USD

+0.01

0.44%

At close Updated Oct 30, 4:00 PM EDT

1 day

0.44%

5 days

3.2%

1 month

1.8%

3 months

-3.42%

6 months

-7.76%

Year to date

-9.24%

1 year

-12.06%

5 years

-31.72%

10 years

-31.52%

About: BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.

Financials Asset Management

News

Positive

Neutral

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Sentiment 3-Months

Positive 28.6%

Neutral 71.4%

Negative 0%

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK--(BUSINESS WIRE)--On October 22, 2026, 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 share of beneficial interest, payable on November 20, 2026, to shareholders of record at the close of business on November 5, 2026. The ex-dividend date is November 5, 2026. The previous dividend declared in September was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inve.

BNY Mellon High Yield Strategies Fund Declares Dividend

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK--(BUSINESS WIRE)--On September 24, 2026, 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 share of beneficial interest, payable on October 23, 2026, to shareholders of record at the close of business on October 8, 2026. The ex-dividend date is October 8, 2026. The previous dividend declared in August was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investme.

BNY Mellon High Yield Strategies Fund Declares Dividend

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK--(BUSINESS WIRE)--On August 26, 2026, 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 share of beneficial interest, payable on September 24, 2026, to shareholders of record at the close of business on September 10, 2026. The ex-dividend date is September 10, 2026. The previous dividend declared in July was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inves.

BNY Mellon High Yield Strategies Fund Declares Dividend

Triple-Factor Closed-End Fund Report, July 2026

The Triple-Factor CEF screen identifies funds with yields >6.5%, coverage >90%, and discounts to NAV, balancing income, sustainability, and value. Top candidates like BGX, DHF, and VVR offer deep discounts, strong coverage, and substantial yields, presenting both income and capital appreciation potential. Negative z-scores highlight CEFs trading well below historical valuation ranges, suggesting tactical buying opportunities for income-focused investors.

Triple-Factor Closed-End Fund Report, July 2026

BNY Mellon High Yield Strategies Fund Declares Dividend

NEW YORK--(BUSINESS WIRE)--On July 23, 2026, 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 share of beneficial interest, payable on August 20, 2026, to shareholders of record at the close of business on August 6, 2026. The ex-dividend date is August 6, 2026. The previous dividend declared in June was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser.

BNY Mellon High Yield Strategies Fund Declares Dividend

The Triple-Factor Closed-End Fund Report, June 2026

The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities.

The Triple-Factor Closed-End Fund Report, June 2026

DHF: Deeply Discounted High Yield Exposure

BNY Mellon High Yield Strategies Fund trades at an attractively deep discount, wider than its historical and peer averages. DHF offers an 8.75% distribution yield, with NII coverage at 95.2%, and maintains a relatively low effective duration of 3.11 years. Despite leverage and economic sensitivity, DHF's diversification across 316 holdings and some slight increased BBB exposure helps mitigate risk.

DHF: Deeply Discounted High Yield Exposure

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