CEF Advisors

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BNY Mellon High Yield Strategies Fund (DHF)

Taxable Bond Funds - High Yield Bond Funds

Data as of Feb. 21, 2020
Market Price $3.18 ( $0.00)
NAV (Feb. 21, 2020) $3.38 (- $0.01)
Premium / Discount -5.92% (+0.28%)
Fund Info
Inception April 29, 1998
Sponsor BNY Mellon Investment Adviser
Website https://im.bnymellon.c...
Phone 1-800-373-9387
Objective: High current income with capital appreciation through investment in US and foreign issued non investment grade debt securities and defaulted securities.
Related Indexes
High Yield Bond Index
US Bond Index
Capital & Leverage
Outstanding Shares 72,707,688
Total Assets (Reported: Sept. 30, 2019) $358M
Estimated Total Assets $358M
Net Assets $246M
Market Cap $231M
Purchases Turnover 47.03%
Sales Turnover 47.59%
Total Leverage 31.26%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.94%
Non Lev Exp Ratio 1.32%
Rel Lev Cost 3.52%
Discount Data
Average Discount (3 Yr) -6.49%
Discount Low(3 Yr) -16.01%
Discount High(3 Yr) -0.56%
Discount Rel Range 65.33%
Comp Discount -3.90
Discount St Dev (1Yr) 0.73
Z-Stat (6mo) 2.61
Z-Stat (1Yr) 2.46
Z-Stat (3Yr) 0.22
Comp Z-Stat (6mo) 1.32
Comp Z-Stat (3Yr) -1.28
Distribution Data
Market Yield 8.11%
Income Yield 8.11%
Lev Adj NAV Yield 5.82%
Distribution Frequency M
Current Distribution $0.022
Current Income $0.022
Ex-Date 2/5/20
Payable Date 2/21/20
Div Growth (3yr) -18.87%
Dividend Change -8.5% on 4/24/19
Expected Div 2/25/20
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $2,007
Avg Volume 30 day 1,105,419
Avg Volume 90 day 631,088
Volume Trend 75.16%
Comp Volume Trend 74.16%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): EHI 74.0%
NAV - Price Correlation (30 d) 39.4%
NAV - Price Correlation (90 d) 79.4%
NAV - Price Correlation (1 Yr) 76.3%
Price St Dev (1Yr) 8.5%
NAV St Dev (1Yr) 4.7%
Earnings / Share (9/30/19) $0.021
Earn Coverage 97.21%
Earnings Trend Down
UNII / Share (9/30/19) $-0.031
Rel UNII -11.90
UNII Trend Down
Bond Specific Data
Maturity 3.05
Duration 2.30
Credit Rating (rbo) B
Investment Grade 1.15%
Non Investment Grade 40.22%
Unrated Bonds 58.63%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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