BNY Mellon High Yield Strategies Fund

BNY Mellon High Yield Strategies Fundverified

DHF

Price:

$2.535

Market Cap:

$184.39M

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 ROE as of September 2024 (TTM) for BNY Mellon High Yield Strategies Fund (DHF) is 19.15%

According to BNY Mellon High Yield Strategies Fund’s latest financial reports and current stock price. The company's current ROE is 19.15%. This represents a change of 306.60% compared to the average of 4.71% of the last 4 quarters.

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

How has DHF ROE performed in the past?

The mean historical ROE of BNY Mellon High Yield Strategies Fund over the last ten years is 3.50%. The current 19.15% ROE has changed 447.29% with respect to the historical average. Over the past ten years (40 quarters), DHF's ROE was at its highest in in the March 2020 quarter at 38.62%. The ROE was at its lowest in in the September 2022 quarter at -21.64%.

Quarterly (TTM)
Annual

Average

3.50%

Median

3.62%

Minimum

-18.07%

Maximum

29.29%

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

Discovering the peaks and valleys of BNY Mellon High Yield Strategies Fund ROE, 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 = 7.94%

Maximum Annual ROE = 29.29%

Minimum Annual Increase = -440.41%

Minimum Annual ROE = -18.07%

Quarterly (TTM)
Annual
YearROEChange
202412.37%-210.42%
2023-11.21%7.94%
2022-0.14%-100.48%
202129.29%-262.13%
2020-18.07%-440.41%
20195.31%14.38%
20184.64%-73.34%
201717.40%-341.38%
2016-7.21%-378.06%
20152.59%-73.34%

BNY Mellon High Yield Strategies Fund (DHF) Average ROE

How has DHF ROE performed in the past?

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

3-year avg

0.34%

5-year avg

2.45%

10-year avg

3.50%

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

How is DHF’s ROE compared to its peers?

BNY Mellon High Yield Strategies Fund’s ROE is less than Credit Suisse Asset Management Income Fund, Inc. (25.86%), less than MFS Intermediate High Income Fund (16.56%), less than Eaton Vance Risk-Managed Diversified Equity Income Fund (18.34%), less than Nuveen Floating Rate Income Fund (11.59%), less than MFS High Yield Municipal Trust (6.05%), less than MFS Government Markets Income Trust (0.49%), less than MFS High Income Municipal Trust (6.81%), less than Credit Suisse High Yield Bond Fund, Inc. (12.40%), less than Western Asset Global High Income Fund Inc. (17.73%), less than Western Asset High Income Opportunity Fund Inc. (12.68%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (28.66%), less than Virtus Convertible & Income Fund II (2.20%), less than Western Asset High Income Fund II Inc. (48.66%), less than Western Asset High Yield Defined Opportunity Fund Inc. (16.52%), less than BlackRock Debt Strategies Fund, Inc. (25.42%), less than Western Asset Diversified Income Fund (15.92%), less than Allspring Multi-Sector Income Fund (8.46%), less than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (20.64%), less than Pioneer High Income Fund, Inc. (33.11%), greater than Allspring Utilities and High Income Fund (-0.20%),

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