BNY Mellon High Yield Strategies Fund (DHF) Stock Forecast, Price & News

BNY Mellon High Yield Strategies Fund's stock was trading at $2.16 on January 1st, 2023. Since then, DHF shares have increased by 0.0% and is now trading at $2.16.
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BNY Mellon High Yield Strategies Fund saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 256,100 shares, an increase of 5.7% from the April 30th total of 242,200 shares. Based on an average daily trading volume, of 359,800 shares, the days-to-cover ratio is presently 0.7 days.
View BNY Mellon High Yield Strategies Fund's Short Interest.

BNY Mellon High Yield Strategies Fund declared a monthly dividend on Wednesday, May 24th. Investors of record on Thursday, June 8th will be given a dividend of $0.015 per share on Friday, June 23rd. This represents a $0.18 annualized dividend and a yield of 8.33%. The ex-dividend date of this dividend is Wednesday, June 7th.
Read our dividend analysis for DHF.

Invesco CEF Income Composite ETF holds 974,329 shares of DHF stock, representing 0.32% of its portfolio.

BNY Mellon High Yield Strategies Fund (NYSE:DHF) pays an annual dividend of $0.20 per share and currently has a dividend yield of 9.38%. DHF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for DHF.

Based on aggregate information from My MarketBeat watchlists, some companies that other BNY Mellon High Yield Strategies Fund investors own include Western Asset High Income Fund II (HIX), BlackRock Corporate High Yield Fund (HYT), Medallion Financial (MFIN), Pfizer (PFE), Apollo Investment (AINV), Hecla Mining (HL), MFS Intermediate Income Trust (MIN), Altria Group (MO), Northern Dynasty Minerals (NAK) and Virtus Convertible & Income Fund (NCV).

BNY Mellon High Yield Strategies Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHF."

BNY Mellon High Yield Strategies Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of America Corp DE (1.25%), Shaker Financial Services LLC (0.81%), Wolverine Asset Management LLC (0.66%), Envestnet Asset Management Inc. (0.61%), Park Avenue Securities LLC (0.58%) and Fiera Capital Corp (0.45%). Insiders that own company stock include Bradley J Skapyak, Joseph S Dimartino and Kevin L Cronk.
View institutional ownership trends.

Shares of DHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DHF stock can currently be purchased for approximately $2.16.

BNY Mellon High Yield Strategies Fund (NYSE:DHF) has a market capitalization of $157.11 million and generates $-20,341,859.00 in revenue each year.

BNY Mellon High Yield Strategies Fund's mailing address is 200 Park Ave Fl 7EAST, NEW YORK, NY 10166-0099, United States. The official website for the company is www.dreyfus.com. The investment management company can be reached via phone at (212) 922-6400.