BNY Mellon High Yield Strategies Fund:DHF

    Manage Alerts

    Overview

    As of 2/23/2024. NAV as of 2/22/2024.

     Share
    Price
    NAVPremium/
    Discount
    Current$2.36$2.68-11.94%
    52 Wk Avg$2.22$2.57-13.69%
    52 Wk High$2.37$2.70-10.67%
    52 Wk Low$2.06$2.46-16.60%
    Regular Distribution TypeIncome Only
    Distribution Rate7.73%
    Distribution Amount$0.0150
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund’s primary investment objective is to seek high current income. The fund will also seek capital growth as a secondary objective, to the extent consistent with its objective of seeking high current income.

    Capital Structure

    As of 2/23/2024

    Total Investment Exposure:$273.934M
    Total Common Assets:$194.934M
    Common Shares Outstanding:72,736,534
    Leverage

    As of 2/22/2024

    Preferred Share Assets:
    Total Debt (USD): $79.000M
    Regulatory Leverage (USD): $79.000M
    Effective Leverage (USD): $79.000M
    Effective Leverage (%): 28.84%
    Annual Expense Ratios

    As of 3/31/2023

      Per Common Share
    Management Fees1.07%
    Other Expenses:0.24%
    Baseline Expense: N/A
    Interest Expense:1.60%
    Total: 2.90%
    Fund Management

    Fund Sponsor
    BNY Mellon

    Portfolio Managers
    Chris Barris, Kevin L. Cronk

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: DHF
    NAV Ticker: XDHFX
    Average Daily Volume (shares): 402,377
    Average Daily Volume (USD): $0.895M
    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 2/23/2024

    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

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 9/30/2023
    $0.1052
    Annualized Distribution Rate on NAV:
    As of 2/23/2024
    6.72%
    Total Return on NAV (12 months):
    As of 2/23/2024
    10.97%
    Avg. Portfolio Coupon:
    As of 2/23/2024
    6.93%
    Total % Portfolio Effectively Leveraged:
    As of 2/23/2024
    28.84%

    Pricing Information

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

    As of 2/23/2024

    PeriodAvg Discount
    6 Month-13.88%
    1 Year-13.69%
    3 Year-9.10%
    5 Year-9.28%
    Z-Score

    As of 2/23/2024

    PeriodZStat
    3 Month2.16
    6 Month2.24
    1 Year1.95
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/31/2024
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD2.18%0.37%1.88%0.82%
    202314.96%16.83%15.92%11.97%
    2022-22.70%-17.82%-15.67%-10.18%
    202110.39%7.62%18.38%9.49%
    20205.60%4.90%1.13%3.11%
    201924.69%19.64%21.79%13.91%
    2018-11.09%-5.76%-5.54%-2.01%
    20178.42%10.03%9.77%9.23%
    201620.76%19.17%19.94%16.22%
    2015-5.33%-6.02%-4.93%-4.43%
    2014-2.76%2.24%2.04%2.36%
    20139.05%11.86%2.61%9.80%
    20123.51%22.65%16.41%20.47%
    201112.37%1.33%  
    201032.98%16.33%  
    200990.58%63.58%  
    2008-32.68%-30.39%  
    2007-3.49%0.79%  
    200617.49%10.25%  
    2005-9.02%1.40%  
    2004-2.14%13.77%  
    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 1/31/2024
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 12/31/2023
    0.00%
    Average Coupon:
    As of 2/22/2024
    6.93%
    Average Maturity:
    As of 12/31/2023
    4.63 yrs
    Number of Holdings:
    As of 12/31/2023
    301
    Annual Portfolio Turnover:
    As of 3/31/2023
    119.01%
    Average Bond Price:
    As of 12/31/2023
    $95.50
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Corporate (Super Sector)94.30%
    Corporate Bond83.97%
    Bank Loan8.99%
    Asset Backed3.86%
    Securitized (Super Sector)3.86%
    Cash Equivalents1.90%
    Cash Equivalents (Super Sector)1.90%
    Preferred Stock1.34%
    Communication Services0.01%
    Sensitive (Super Sector)0.01%
    Call Exposure

    As of 12/31/2023

    Top Holdings

    As of 12/31/2023

    HoldingValue% Portfolio
    DISH Network Corporation 11.75%$2.58M0.94%
    Minerva Merger Subordinated Inc. 6.5%$2.52M0.92%
    Carnival Corporation 6%$2.38M0.87%
    Verisure Midholding AB (publ) 5.25%$2.33M0.85%
    Crown Point CLO Ltd. 12.80743%$2.32M0.85%
    Venture Global LNG Inc. 8.125%$2.29M0.83%
    Royal Caribbean Group 5.5%$2.16M0.79%
    Cornerstone Building Brands Inc 8.75%$2.05M0.75%
    Rithm Capital Corp. 6.25%$2.04M0.74%
    Avis Budget Car Rental LLC/Avis Budget Finance Inc. 8%$2.01M0.73%
    Credit Quality

    As of 12/31/2023

    Maturity Breakdown

    As of 12/31/2023

    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    United States - Fixed Income71.65%
    Canada - Fixed Income3.97%
    United Kingdom - Fixed Income2.99%
    France - Fixed Income2.65%
    Germany - Fixed Income1.60%
    Sweden - Fixed Income1.30%
    Netherlands - Fixed Income1.26%
    Czech Republic - Fixed Income0.63%
    Belgium - Fixed Income0.52%
    Italy - Fixed Income0.26%
    Australia - Fixed Income0.26%
    Ireland - Fixed Income0.14%
    United States - Equity0.01%
    Others - Fixed Income0.01%
    Japan - Fixed Income0.00%
    Spain - Fixed Income0.00%
    Austria - Fixed Income0.00%
    Israel - Fixed Income0.00%
    Hong Kong - Fixed Income0.00%
    China - Fixed Income0.00%
    Norway - Fixed Income0.00%
    Switzerland - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W