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0 0 0.00215982721382304 0.00215982721382304 0.00215982721382304 0.00215982721382304 -0.00215982721382285 -0.00215982721382285
Stock impact report

BNY Mellon High Yield Strategies Fund Declares Distribution and Announces Increase in Monthly Distribution Amount

BNY Mellon High Yield Strategies Fund (DHF) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) today announced a monthly cash distribution of $0.0175 per share of beneficial interest, payable on April 1, 2024 to shareholders of record at the close of business on March 12, 2024. The ex-dividend date is March 11, 2024. The $0.0175 per share investment income dividend represents an increase of $0.0025 from the previously declared monthly net investment income dividend of $0.015 per share.The dividend increase primarily reflects: (i) a higher yield environment during the past year for the reinvestment of the proceeds from coupon payments and from called, sold and/or matured securities, (ii) modestly and selectively increasing DHF’s weighting to higher-yielding issuers, and (iii) accumulated undistributed investment income-net, which was approximately $1.72 million, as of January 31, 2024.*Important InformationBNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mello Show less Read more
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