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BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Scaled Net Operating Assets : 0.96 (As of Sep. 2023)


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What is BNY Mellon High Yield Strategies Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BNY Mellon High Yield Strategies Fund's operating assets for the quarter that ended in Sep. 2023 was $270.48 Mil. BNY Mellon High Yield Strategies Fund's operating liabilities for the quarter that ended in Sep. 2023 was $8.15 Mil. BNY Mellon High Yield Strategies Fund's Total Assets for the quarter that ended in Mar. 2023 was $272.39 Mil. Therefore, BNY Mellon High Yield Strategies Fund's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.96.

BNY Mellon High Yield Strategies Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BNY Mellon High Yield Strategies Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(270.81-7.936)/324.39
=0.81

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=272.393 - 1.583
=270.81

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=86.936 - 79 - 0
=7.936

BNY Mellon High Yield Strategies Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(270.48-8.154)/272.393
=0.96

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=271.606 - 1.126
=270.48

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=87.154 - 79 - 0
=8.154

* 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.

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon High Yield Strategies Fund (NYSE:DHF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
Website
https://www.bnymellonim.com
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