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BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Median PS Value : $0.00 (As of Apr. 30, 2024)


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What is BNY Mellon High Yield Strategies Fund Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. BNY Mellon High Yield Strategies Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.323. BNY Mellon High Yield Strategies Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-04-30), BNY Mellon High Yield Strategies Fund's share price is $2.3199. BNY Mellon High Yield Strategies Fund's Median PS Value is $0.00. Therefore, BNY Mellon High Yield Strategies Fund's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for BNY Mellon High Yield Strategies Fund's Median PS Value or its related term are showing as below:

DHF's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

BNY Mellon High Yield Strategies Fund Median PS Value Historical Data

The historical data trend for BNY Mellon High Yield Strategies Fund's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BNY Mellon High Yield Strategies Fund Median PS Value Chart

BNY Mellon High Yield Strategies Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Median PS Value
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BNY Mellon High Yield Strategies Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of BNY Mellon High Yield Strategies Fund's Median PS Value

For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BNY Mellon High Yield Strategies Fund's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Price-to-Median-PS-Value falls into.



BNY Mellon High Yield Strategies Fund Median PS Value Calculation

BNY Mellon High Yield Strategies Fund's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.323*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BNY Mellon High Yield Strategies Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.323.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BNY Mellon High Yield Strategies Fund  (NYSE:DHF) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

BNY Mellon High Yield Strategies Fund's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=2.3199/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BNY Mellon High Yield Strategies Fund Median PS Value Related Terms

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BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. It invests primarily in fixed-income securities of below-investment-grade credit quality.
Executives
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bradley J Skapyak director 200 PARK AVENUE, NEW YORK NY 10166
Kevin L. Cronk other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Leland Hart other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10116
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Chris E Barris other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166

BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Headlines