Dreyfus High Yield Strategies:DHF

    Overview

    As of 12/18/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$3.57$3.76-5.05%
    52 Wk Avg$4.09$4.031.55%
    52 Wk High$4.35$4.145.68%
    52 Wk Low$3.44$3.66-6.78%
    Regular Distribution TypeIncome Only
    Distribution Rate9.75%
    Distribution Amount$0.0290
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income with capital appreciation through investment in US and foreign issued non investment grade debt securities and defaulted securities

    Capital Structure

    As of 12/18/2014

    Total Net Assets:$393.072M
    Total Common Assets:$273.071M
    Common Shares Outstanding:72,625,437
    Leverage

    As of 9/30/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $120.000M
    Structural Leverage (USD): $120.000M
    Structural Leverage (%): 29.65%
    Effective Leverage (USD): $120.000M
    Effective Leverage (%): 29.65%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 3/31/2014

      Per Common Share
    Management Fees1.27%
    Other Expenses:0.13%
    Baseline Expense: 1.40%
    Interest Expense:0.51%
    Total: 1.91%

    Fund Management

    Fund Sponsor
    Dreyfus

    Portfolio Managers
    Chris Barris (25 Jul 2007) / Kevin Cronk (14 Sep 2012) / Josephine Shin (28 Jul 2014) / Stephen Sylvester (28 Oct 2010)

    Basics
    Category:Taxable Income-High Yield
    Ticker:DHF
    NAV Ticker:XDHFX
    Average Daily Volume (shares):223,000
    Average Daily Volume (USD):$0.896M
    Inception Date:4/29/1998
    Inception Share Price:$15.00
    Inception NAV:$14.98
    Tender Offer:No
    Term:No
    Fiscal Year End:March 31
    Third Party Links & Reports

    Distributions

    As of 12/18/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 9/30/2014
    $0.0268
    Annualized Distribution Rate on NAV:
    As of 12/18/2014
    9.26%
    Total Return on NAV (12 months):
    As of 12/18/2014
    1.75%
    Avg. UNII Per Share:
    As of 9/30/2014
    -$0.0156
    Total % Portfolio Effectively Leveraged:
    As of 12/18/2014
    29.65%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/18/2014

    PeriodAvg Discount
    6 Month0.35%
    1 Year1.55%
    3 Year6.66%
    5 Year8.06%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/18/2014
    Category: High Yield Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-4.63%1.19%-0.80%0.93%
    20139.04%11.86%4.71%9.12%
    20123.50%22.65%10.07%21.43%
    201112.37%1.33%10.79%2.77%
    201032.96%16.33%20.83%21.26%
    200990.58%63.58%96.64%72.27%
    2008-32.68%-30.39%-42.08%-43.32%
    2007-3.49%0.79%-22.69%-12.02%
    200617.49%10.25%17.61%13.57%
    2005-8.83%1.40%0.68%4.15%
    2004-2.31%13.77%13.38%15.53%
    200363.01%58.61%37.64%37.58%
    2002-15.06%-15.25%-5.77%-3.20%
    2001-2.86%-9.57%  
    2000-23.92%-26.91%  
    1999-0.90%0.21%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/18/2014
    Category: High Yield Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Maturity:
    As of 9/30/2014
    3.93 yrs
    Number of Holdings:
    As of 10/31/2014
    225
    Annual Portfolio Turnover:
    As of 3/31/2014
    48.40%
    Asset Allocation

    As of 9/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    Telecommunications 12.98%
    Consumer Discretionary 12.79%
    Materials 12.17%
    Industrial 10.63%
    Financial 10.29%
    Energy 10.06%
    Health Care 7.82%
    Information Technology 4.98%
    Casinos 2.81%
    Utilities 2.61%
    Top Holdings

    As of 10/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Sprint Nextel 11.5% 11.50 15 Nov 2021$6.87M1.69%
    Hca 7.5% 7.50 15 Feb 2022$6.37M1.56%
    Tenet Healthcare 8.125% 8.13 01 Apr 2022$6.15M1.51%
    First Data 11.75% 11.75 15 Aug 2021$5.63M1.38%
    Intelsat Luxembourg S A 7.75% 7.75 01 Jun 2021$4.98M1.22%
    Bway Hldg Company 144A 9.125% 9.13 15 Aug 2021$4.95M1.22%
    Mgm Resorts Intl 11.375% 4.00 06 Nov 2020$4.82M1.18%
    Lloyds Tsb Bk 10.75% 10.75 16 Dec 2021$4.42M1.09%
    Reynolds Grp Issuer 8.5% 8.50 15 May 2018$4.33M1.06%
    Amc Entrtnmt 9.75% 9.75 01 Dec 2020$4.14M1.02%
    Chrysler Grp Llc / Cg Co-Iss 8.25% 8.25 15 Jun 2021$4.11M1.01%
    Credit Quality

    As of 9/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

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