BNY Mellon High Yield Strategies Fund (NYSE:DHF – Get Free Report) announced a monthly dividend on Thursday, September 24th. Stockholders of record on Thursday, October 8th will be paid a dividend of $0.0175 per share by the investment management company on Friday, October 23rd. This represents a $0.21 annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend is Thursday, October 8th.
BNY Mellon High Yield Strategies Fund Stock Performance
Shares of DHF stock opened at $2.21 on Friday. The business has a fifty day moving average of $2.35 and a 200 day moving average of $2.39. BNY Mellon High Yield Strategies Fund has a 1 year low of $2.12 and a 1 year high of $2.62.
BNY Mellon High Yield Strategies Fund Company Profile
BNY Mellon High Yield Strategies Fund (NYSE: DHF) is a closed-end investment fund that seeks to provide investors with a high level of current income and, secondarily, capital appreciation. The fund is managed by BNY Mellon Investment Adviser, LLC, and invests primarily in high-yield, below-investment-grade debt securities.
The fund’s portfolio may include corporate bonds, notes, loans and other fixed-income instruments issued by companies across a range of industries. These securities generally offer higher income potential than investment-grade debt but also carry greater credit and default risk.
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