Welcome to our dedicated page for BNY Mellon High Yield Strategies Fund news (Ticker: DHF), a resource for investors and traders seeking the latest updates and insights on BNY Mellon High Yield Strategies Fund stock.
BNY Mellon High Yield Strategies Fund (DHF) provides investors with high current income through strategic investments in below-investment-grade fixed-income securities. This news hub offers authorized updates and market analysis for tracking the fund's performance and strategic direction.
Key resources include earnings announcements, portfolio rebalancing details, dividend declarations, and management commentary. Investors gain access to verified information about credit quality assessments, sector allocation changes, and regulatory developments affecting this closed-end fund.
Regular updates cover yield curve impacts, duration management strategies, and comparative performance against high-yield benchmarks. Content is curated to help stakeholders monitor credit risk exposure and income stability while assessing long-term capital appreciation potential.
Bookmark this page for continuous access to DHF's official communications and third-party analysis. Check regularly for updates on market positioning and strategic initiatives within the evolving fixed-income landscape.
BNY High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend is payable on September 25, 2024, to shareholders of record as of September 11, 2024. This matches the previous dividend declared in July. BNY Investment Adviser, Inc., the fund's investment adviser, is part of BNY Investments, which manages $2.0 trillion in assets as of June 30, 2024. BNY, the parent company, has $49.5 trillion in assets under custody and/or administration. DHF is a closed-end fund traded on the secondary market, and its investment returns and principal values may fluctuate.
BNY Mellon High Yield Strategies Fund (NYSE: DHF) has announced a significant change in its investment strategy. Effective August 15, 2024, the Fund will be permitted to invest up to 20% of its total assets in floating rate loans. This decision, approved by the Board of Trustees on August 8, 2024, expands the Fund's investment options.
The Fund will primarily focus on senior secured loans but may also include other types of loans and floating rate securities. While mainly targeting U.S. issuers, the Fund may invest in foreign issuers from OECD countries. This new strategy introduces potential benefits and risks, including exposure to less liquid over-the-counter markets, longer settlement times, and the inherent speculative nature of below investment grade securities.
BNY Mellon High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend is payable on August 21, 2024, to shareholders of record as of August 7, 2024. This matches the previous dividend declared in June. BNY Mellon Investment Adviser, Inc., the fund's investment adviser, is part of BNY Investments, which manages $2.0 trillion in assets as of June 30, 2024. BNY, the parent company, has $49.5 trillion in assets under custody and/or administration.
On June 25, 2024, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0175 per share, payable on July 24, 2024, to shareholders of record by July 10, 2024, with the same ex-dividend date.
BNY Mellon, the fund advisor, manages $2.0 trillion in assets as of March 31, 2024, and has $48.8 trillion in assets under custody or administration.
BNY Mellon is America's oldest bank, founded in 1784, and is known for its comprehensive financial solutions.
On May 21, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0175 per share, payable on June 20, 2024, to shareholders of record as of June 5, 2024. The ex-dividend date is also June 5, 2024. This dividend amount remains unchanged from the previous month's dividend in April. BNY Mellon Investment Adviser, part of BNY Mellon Investment Management, oversees the fund. As of March 31, 2024, BNY Mellon Investment Management manages $2.0 trillion in assets, while BNY Mellon, established in 1784, holds $48.8 trillion in assets under custody and administration.
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