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BNY Mellon High Yield Strategies Fund Declares Dividend
Business Wire (Tue, 9-Dec 5:32 PM ET)
The fund’s primary investment objective is to seek high current income. Under normal market conditions, the fund invests at least 65% of its total assets in income securities of U.S. issuers rated below investment grade quality or unrated income securities that The Dreyfus Corporation (the “Manager” or “Dreyfus”), a wholly-owned subsidiary of The Bank of NewYork Mellon Corporation (“BNY Mellon”), serving as the fund’s investment manager and administrator, determines to be of comparable quality.
Dreyfus High Yield Strategies trades on the NYSE stock market under the symbol DHF.
As of December 26, 2025, DHF stock price climbed to $2.48 with 1,061,000 million shares trading.
DHF has a beta of 0.55, meaning it tends to be less sensitive to market movements. DHF has a correlation of 0.67 to the broad based SPY ETF.
DHF has a market cap of $180.39 million. This is considered a Micro Cap stock.
In the last 3 years, DHF traded as high as $2.69 and as low as $2.06.
DHF has underperformed the market in the last year with a price return of +4.8% while the SPY ETF gained +16.0%. DHF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.9% and -0.5%, respectively, while the SPY returned +4.6% and +1.5%, respectively.
DHF support price is $2.44 and resistance is $2.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DHF shares will trade within this expected range on the day.
