BNY Mellon High Yield Strategies Fund

DHF

Market cap $178M

NEW YORK--(BUSINESS WIRE)--On May 21, 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 June 22, 2026, to shareholders of record at the close of business on June 5, 2026. The ex-dividend date is June 5, 2026. The previous dividend declared in April was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.

The BNY Mellon High Yield Strategies Fund offers an 8.64% yield, outperforming most bond indices but best suited for tax-advantaged accounts. DHF's leveraged junk bond portfolio faces after-tax real yield compression, especially amid persistent inflation and elevated market risk perceptions. Recent performance lagged benchmarks, with a 5.45% share price decline over six months, amplified by leverage and macro volatility.

NEW YORK--(BUSINESS WIRE)--On April 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 May 21, 2026, to shareholders of record at the close of business on May 7, 2026. The ex-dividend date is May 7, 2026. The previous dividend declared in March was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.,.

NEW YORK--(BUSINESS WIRE)--On March 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 April 22, 2026, to shareholders of record at the close of business on April 8, 2026. The ex-dividend date is April 8, 2026. The previous dividend declared in February was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Advis.

February started to show some cracks in the broader major market indexes; however, the equal-weighted S&P 500 Index actually did well. This was the result of more value-oriented sectors performing while tech companies started to show some pause. The space that saw the most panic was in private credit, which has been reflected in the BDC space, taking a significant hit.

NEW YORK--(BUSINESS WIRE)--On February 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 April 1, 2026, to shareholders of record at the close of business on March 10, 2026. The ex-dividend date is March 10, 2026. The previous dividend declared in January was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Ad.

NEW YORK--(BUSINESS WIRE)--The sub-adviser of BNY Mellon High Yield Strategies Fund (NYSE: DHF), Alcentra NY, LLC, has changed its name to BSP NY LLC. Accordingly, effective immediately, all references to Alcentra NY, LLC and Alcentra in the fund's documentation are replaced with BSP NY LLC and BSP, respectively. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world's largest asset managers.

Closed-end funds can provide monthly distributions from a diversified portfolio to help generate cash flow for paying bills or compounding to snowball that cash flow.

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

BNY Mellon High Yield Strategies Fund maintains a hold rating due to limited growth potential and earnings variability. DHF trades at a 9% discount to NAV, but aggressive leverage and high sensitivity to interest rates constrain upside. Dividend yield stands at 8.3%, yet payout sustainability is challenged by inconsistent net realized gains and declining NAV.