DHF

BNY Mellon High Yield Strategies Fund

2.57 USD
+0.01
0.39%
At close Aug 1, 4:00 PM EDT
After hours
2.60
+0.03
1.17%
1 day
0.39%
5 days
0.00%
1 month
-0.39%
3 months
4.47%
6 months
-1.15%
Year to date
-0.39%
1 year
0.78%
5 years
-6.55%
10 years
-22.82%
 

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.

0
Funds holding %
of 7,327 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

5% more funds holding

Funds holding: 61 [Q4 2024] → 64 (+3) [Q1 2025]

0.16% less ownership

Funds ownership: 23.59% [Q4 2024] → 23.44% (-0.16%) [Q1 2025]

1% less capital invested

Capital invested by funds: $43.8M [Q4 2024] → $43.5M (-$261K) [Q1 2025]

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

Research analyst outlook

We haven’t received any recent analyst ratings for DHF.

Financial journalist opinion

Based on 3 articles about DHF published over the past 30 days

Neutral
Business Wire
1 week ago
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On July 23, 2025, 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, 2025, to shareholders of record at the close of business on August 6, 2025. The ex-dividend date is August 6, 2025. 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
Neutral
Seeking Alpha
1 week ago
DHF: Weak Performance Due To Higher Interest Rates
BNY Mellon High Yield Strategies Fund offers an 8.1% yield and monthly payouts, but its dividend sustainability is questionable due to inconsistent earnings and poor dividend coverage. The fund is highly sensitive to interest rates, with performance and NAV pressured by the current high-rate environment and aggressive leverage use. DHF's discount to NAV is less attractive than historical averages, and its high allocation to below-investment-grade credit increases risk if defaults rise.
DHF: Weak Performance Due To Higher Interest Rates
Positive
Seeking Alpha
2 weeks ago
4 Closed-End Fund Buys In The Month Of June 2025
June saw strong tech-led gains, which helped to drive the broader equity indexes to new all-time highs. This was a continuation of what we saw last month, further bouncing off those lows we saw in April. With that said, I still do some buying every month to help compound and generate a growing stream of cash flow going forward.
4 Closed-End Fund Buys In The Month Of June 2025
Neutral
Business Wire
1 month ago
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On June 25, 2025, 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 July 24, 2025, to shareholders of record at the close of business on July 10, 2025. The ex-dividend date is July 10, 2025. The previous dividend declared in May was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.
BNY Mellon High Yield Strategies Fund Declares Dividend
Neutral
Business Wire
2 months ago
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On May 22, 2025, 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 June 23, 2025, to shareholders of record at the close of business on June 6, 2025. The ex-dividend date is June 6, 2025. The previous dividend declared in April was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.
BNY Mellon High Yield Strategies Fund Declares Dividend
Negative
Seeking Alpha
3 months ago
DHF: Discount Widening As Uncertainty Increases
BNY Mellon High Yield Strategies Fund is a leveraged CEF providing exposure to the high-yield debt space. Recent market volatility and widening high-yield spreads have pressured DHF's portfolio, causing the NAV to dip lower. On top of that, the fund's discount has also been widening, but this makes it a more interesting time to consider adding to this fund overall.
DHF: Discount Widening As Uncertainty Increases
Neutral
Business Wire
3 months ago
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On April 24, 2025, 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 May 22, 2025, to shareholders of record at the close of business on May 8, 2025. The ex-dividend date is May 8, 2025. The previous dividend declared in March was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.,.
BNY Mellon High Yield Strategies Fund Declares Dividend
Negative
Seeking Alpha
3 months ago
DHF: Risks Are Too Great For A Contrarian Purchase
The BNY Mellon High Yield Strategies Fund offers an 8.82% yield, but underperforms compared to other junk bond funds and faces risks from potential economic recession and inflation. Current economic conditions, including recession fears and inflation expectations, make junk bonds risky, with the fund's share price down 6.67% year-to-date. Economists and banks think that there is a high probability of a recession, but businesses are not acting like a recession is a near-term probability.
DHF: Risks Are Too Great For A Contrarian Purchase
Neutral
Seeking Alpha
4 months ago
Triple-Factor Closed-End Fund Report, March 2025
The Triple-Factor screen identifies CEFs with yields >8%, coverage >90%, and trading at a discount to NAV, balancing yield, sustainability, and value. Coverage is calculated using trailing estimates from fund houses like PIMCO, BlackRock, Nuveen, and Eaton Vance, or from semi-annual reports. The report ranks funds by widest discounts, best z-scores, highest yields, and best combined metrics, providing fertile grounds for further exploration.
Triple-Factor Closed-End Fund Report, March 2025
Neutral
Business Wire
4 months ago
BNY Mellon High Yield Strategies Fund Declares Dividend
NEW YORK--(BUSINESS WIRE)--On March 26, 2025, 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 April 24, 2025, to shareholders of record at the close of business on April 9, 2025. The ex-dividend date is April 9, 2025. The previous dividend declared in February was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Advis.
BNY Mellon High Yield Strategies Fund Declares Dividend
Charts implemented using Lightweight Charts™