BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fundverified

DHF

Price:

$2.65

Market Cap:

$192.75M

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the Unite...[Read more]

Industry

Asset Management

IPO Date

1998-04-27

Stock Exchange

NYSE

Ticker

DHF

The PE Ratio as of November 2024 (TTM) for BNY Mellon High Yield Strategies Fund (DHF) is 8.03

According to BNY Mellon High Yield Strategies Fund’s latest financial reports and current stock price. The company's current PE Ratio is 8.03. This represents a change of 4.83% compared to the average of 7.66 of the last 4 quarters.

BNY Mellon High Yield Strategies Fund (DHF) Historical PE Ratio (quarterly & annually)

How has DHF PE Ratio performed in the past?

The mean historical PE Ratio of BNY Mellon High Yield Strategies Fund over the last ten years is -58.96. The current 8.03 PE Ratio has changed -1462.01% with respect to the historical average. Over the past ten years (40 quarters), DHF's PE Ratio was at its highest in in the June 2014 quarter at 673.49. The PE Ratio was at its lowest in in the December 2017 quarter at -92.93.

Quarterly (TTM)
Annual

Average

-58.96

Median

4.34

Minimum

-654.98

Maximum

36.61

BNY Mellon High Yield Strategies Fund (DHF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of BNY Mellon High Yield Strategies Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 288.51%

Maximum Annual PE Ratio = 36.61

Minimum Annual Increase = -20570.27%

Minimum Annual PE Ratio = -654.98

Quarterly (TTM)
Annual
YearPE RatioChange
20247.12-195.15%
2023-7.48-98.86%
2022-654.98-20570.27%
20213.20-165.94%
2020-4.85-127.91%
201917.39-18.23%
201821.27288.51%
20175.47-141.13%
2016-13.31-136.35%
201536.61248.81%

BNY Mellon High Yield Strategies Fund (DHF) Average PE Ratio

How has DHF PE Ratio performed in the past?

The current PE Ratio of BNY Mellon High Yield Strategies Fund (DHF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-218.45

5-year avg

-131.40

10-year avg

-58.96

BNY Mellon High Yield Strategies Fund (DHF) PE Ratio vs. Peers

How is DHF’s PE Ratio compared to its peers?

BNY Mellon High Yield Strategies Fund’s PE Ratio is greater than Credit Suisse Asset Management Income Fund, Inc. (7.67), greater than MFS Intermediate High Income Fund (6.85), greater than Eaton Vance Risk-Managed Diversified Equity Income Fund (5.61), greater than Nuveen Floating Rate Income Fund (7.72), less than MFS High Yield Municipal Trust (24.91), greater than MFS Government Markets Income Trust (-188.47), less than MFS High Income Municipal Trust (19.76), less than Credit Suisse High Yield Bond Fund, Inc. (8.58), greater than Western Asset Global High Income Fund Inc. (6.37), less than Western Asset High Income Opportunity Fund Inc. (10.00), greater than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (3.99), less than Virtus Convertible & Income Fund II (22.67), greater than Western Asset High Income Fund II Inc. (4.01), less than Western Asset High Yield Defined Opportunity Fund Inc. (8.24), greater than BlackRock Debt Strategies Fund, Inc. (4.60), greater than Western Asset Diversified Income Fund (6.14), less than Allspring Multi-Sector Income Fund (11.12), greater than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (4.84), greater than Pioneer High Income Fund, Inc. (3.84), greater than Allspring Utilities and High Income Fund (5.08),

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