BNY MELLON HGH YLD ST.SBI

BNY Mellon High Yield Strategies Fund is a leveraged CEF providing exposure to the high-yield debt space. Recent market volatility and widening high-yield spreads have pressured DHF's portfolio, causing the NAV to dip lower. On top of that, the fund's discount has also been widening, but this makes it a more interesting time to consider adding to this fund overall.» Mehr auf seekingalpha.com

NEW YORK--(BUSINESS WIRE)--On April 24, 2025, 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 22, 2025, to shareholders of record at the close of business on May 8, 2025. The ex-dividend date is May 8, 2025. The previous dividend declared in March was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc.,.» Mehr auf businesswire.com

The BNY Mellon High Yield Strategies Fund offers an 8.82% yield, but underperforms compared to other junk bond funds and faces risks from potential economic recession and inflation. Current economic conditions, including recession fears and inflation expectations, make junk bonds risky, with the fund's share price down 6.67% year-to-date. Economists and banks think that there is a high probability of a recession, but businesses are not acting like a recession is a near-term probability.» Mehr auf seekingalpha.com