BNY MELLON HGH YLD ST.SBI

NEW YORK--(BUSINESS WIRE)--On November 21, 2024, 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 December 20, 2024, to shareholders of record at the close of business on December 6, 2024. The ex-dividend date is December 6, 2024. The previous dividend declared in October was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inves.» Mehr auf businesswire.com

The broader market indexes continue to hit all-time highs, with broader participation continuing into September. Every month, I add to my positions in my closed-end fund portfolio to grow my cash flow month after month. The main theme this month, which has been most of the theme this year, was adding to funds that should benefit from a lower rate environment.» Mehr auf seekingalpha.com

BNY Mellon High Yield Strategies Fund offers a diversified portfolio of below-investment-grade debt, with geographic diversification in U.S. and European markets. The fund's discount has narrowed, boosting total returns, but it remains a relative bargain in the high-yield CEF space. DHF's distribution is fully covered even after raising the monthly payout earlier in the year, delivering an 8.05% distribution yield to investors.» Mehr auf seekingalpha.com