BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Total Assets : $271.61 Mil (As of Sep. 2023)

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What is BNY Mellon High Yield Strategies Fund Total Assets?

BNY Mellon High Yield Strategies Fund's Total Assets for the quarter that ended in Sep. 2023 was $271.61 Mil.

During the past 12 months, BNY Mellon High Yield Strategies Fund's average Total Assets Growth Rate was 5.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.20% per year. During the past 5 years, the average Total Assets Growth Rate was -5.00% per year.

During the past 6 years, BNY Mellon High Yield Strategies Fund's highest 3-Year average Total Assets Growth Rate was -1.20%. The lowest was -3.50%. And the median was -3.10%.

Total Assets is connected with ROA %. BNY Mellon High Yield Strategies Fund's annualized ROA % for the quarter that ended in Sep. 2023 was 4.07%. Total Assets is also linked to Revenue through Asset Turnover. BNY Mellon High Yield Strategies Fund's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

BNY Mellon High Yield Strategies Fund Total Assets Historical Data

The historical data trend for BNY Mellon High Yield Strategies Fund's Total Assets 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 Total Assets Chart

BNY Mellon High Yield Strategies Fund Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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362.62

280.84

344.76

324.39

272.39

BNY Mellon High Yield Strategies Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								358.78	324.39	258.94	272.39	271.61

BNY Mellon High Yield Strategies Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

BNY Mellon High Yield Strategies Fund's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	185.457	+	86.936
	=	272.39

BNY Mellon High Yield Strategies Fund's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	184.452	+	87.154
	=	271.61

BNY Mellon High Yield Strategies Fund (NYSE:DHF) Total Assets Explanation

Total Assets is connected with ROA %.

BNY Mellon High Yield Strategies Fund's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	11.082	/	( (272.393	+	271.606)	/ 2 )
	=	11.082	/	271.9995
	=	4.07 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

BNY Mellon High Yield Strategies Fund's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	5.779	/	( (272.393	+	271.606)	/ 2 )
=	5.779	/	271.9995
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

BNY Mellon High Yield Strategies Fund Total Assets Related Terms

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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 » Total Assets

Comparable Companies

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