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) reports recurring closed-end fund developments, including monthly cash dividends declared from net investment income on shares of beneficial interest. The diversified closed-end management investment company seeks high current income, with capital appreciation as a secondary objective, and invests predominantly in below-investment-grade fixed-income securities.
Company updates also cover fund-adviser documentation, including BNY Mellon Investment Adviser, Inc. and the sub-adviser name change to BSP NY LLC. The fund’s exchange-traded structure adds recurring context around net asset value, market-price premiums or discounts, and shareholder distribution mechanics.
On December 11, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0215 per share, payable on January 12, 2021. Shareholders of record by the close of business on December 29, 2020 will receive this dividend, with an ex-dividend date of December 28, 2020. This marks no change from the prior dividend in November. BNY Mellon Investment Management oversees the fund, managing $2.0 trillion in assets as of September 30, 2020.
BNY Mellon High Yield Strategies Fund (NYSE: DHF) has secured a new credit facility of up to $125 million with BNP Paribas Prime Brokerage International Limited. This facility replaces the previous one and is secured by the Fund's investments. Borrowings will incur an interest rate of 1-month LIBOR + 90 basis points. The credit facility features evergreen terms and can be terminated with standard notice. Investors can find further details in upcoming shareholder reports.
On November 20, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0215 per share, payable on December 18, 2020. Shareholders of record as of December 4, 2020 will receive this dividend. The ex-dividend date is set for December 3, 2020. This announcement mirrors the previous dividend amount, reflecting consistent returns for investors. BNY Mellon Investment Management oversees the fund, managing $2.0 trillion in assets as of September 30, 2020.
On October 23, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0215 per share from net investment income. This dividend is payable on November 23, 2020, to shareholders of record by close of business on November 6, 2020. The ex-dividend date is November 5, 2020. This dividend remains unchanged from the previous month.
On September 25, 2020, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.0215 per share, payable on October 26, 2020. Shareholders of record as of October 9, 2020 will receive this dividend, with the ex-dividend date set for October 8, 2020. This dividend amount remains unchanged from the previous month's declaration. BNY Mellon Investment Management controls $2.0 trillion in assets, highlighting its significant presence in the investment management sector.