BNY Mellon High Yield Strategies Fund (DHF) Stock

About BNY Mellon High Yield Strategies Fund

Managed by BNY Mellon Investment Adviser, Inc., the BNY Mellon High Yield Strategies Fund operates as a closed-end mutual fund focused on fixed income investments. Its strategy involves allocating capital primarily within the United States' fixed income markets. The fund predominantly invests in debt securities of below investment-grade quality, particularly those issued by nascent companies or businesses with highly leveraged financial structures. For performance evaluation, it benchmarks against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. This U.S.-domiciled fund, established on April 29, 1998, was formerly known as the Dreyfus High Yield Strategies Fund.

BNY Mellon High Yield Strategies Fund (DHF) stock trades at $2.40 with a market capitalization of $174.57M. The stock is valued at a price-to-earnings (P/E) ratio of 14.12, price-to-book of 0.90, price-to-sales of 7.93. Over the past 52 weeks the stock has ranged between $2.33 and $2.63, and currently trades 8.7% below its 52-week high. It pays a dividend yielding 8.75%.

On profitability, BNY Mellon High Yield Strategies Fund generates a return on equity (ROE) of 6.19%, return on capital employed of 6.03%, an operating margin of 72.73%, a net profit margin of 54.55%.

Official website: www.bny.com/investments/us/en/individual/products/lt/fund/bny-mellon-high-yield-strategies-fund.html