BNY Mellon High Yield Strategies Fund (NYSE:DHF – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.44 and traded as high as $2.55. BNY Mellon High Yield Strategies Fund shares last traded at $2.55, with a volume of 181,437 shares trading hands.
BNY Mellon High Yield Strategies Fund Price Performance
The company’s 50-day moving average is $2.44 and its two-hundred day moving average is $2.38.
BNY Mellon High Yield Strategies Fund Cuts Dividend
The business also recently declared a monthly dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.0175 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.21 annualized dividend and a dividend yield of 8.27%.
Institutional Investors Weigh In On BNY Mellon High Yield Strategies Fund
BNY Mellon High Yield Strategies Fund Company Profile
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.
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