BNY Mellon High Yield Strategies Fund (NYSE:DHF) Declares Monthly Dividend of $0.02

Key Points

• BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared a monthly dividend of $0.0175 per share, payable May 21 to shareholders of record on May 7 (ex-dividend date May 7), representing an annualized yield of about 8.6%.
• The fund's shares opened at $2.44 and were trading down about 0.6%, with a one-year range of $2.33–$2.63 and moving averages of $2.43 (50-day) and $2.49 (200-day).
• DHF is a diversified closed-end fund that primarily invests in below-investment-grade U.S. corporate debt (high-yield bonds), may employ leverage to boost income, and is managed by Mellon Investments Corporation under BNY Mellon.

BNY Mellon High Yield Strategies Fund (NYSE:DHF - Get Free Report) announced a monthly dividend on Thursday, April 23rd. Investors of record on Thursday, May 7th will be given a dividend of 0.0175 per share by the investment management company on Thursday, May 21st. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date is Thursday, May 7th.

BNY Mellon High Yield Strategies Fund Trading Down 0.6%

NYSE:DHF opened at $2.44 on Friday. BNY Mellon High Yield Strategies Fund has a one year low of $2.33 and a one year high of $2.63. The firm's 50 day simple moving average is $2.43 and its 200 day simple moving average is $2.49.

About BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fund NYSE: DHF is a diversified, closed-end management investment company that seeks to provide a high level of current income by primarily investing in below-investment-grade corporate debt securities. The fund allocates its portfolio across a broad range of industries and issuers, with an emphasis on high-yield bonds of U.S. companies, and may employ leverage to enhance income potential. It also maintains flexibility to invest in other fixed-income securities, including senior loans, preferred securities and selective investment-grade corporate debt.

Launched in 2011 and sponsored by The Bank of New York Mellon Corporation, the fund is managed by the global fixed-income team at Mellon Investments Corporation, a subsidiary of BNY Mellon.

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