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What is BNY Mellon High Yield Strategies Fund Debt-to-Equity?
BNY Mellon High Yield Strategies FundDHF 40 Debt-to-Equity is 0.38 as of Mar. 2026, which is 12% below its 10-year median of 0.43. GuruFocus rates DHF with a GF Scoreâ„¢ of 40/100 and a GF Valueâ„¢ of $1.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 957 Asset Management companies, BNY Mellon High Yield Strategies Fund ranks worse than 64.47% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
DHF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.43 Max: 0.47
Current: 0.38
During the past 9 years, the highest Debt-to-Equity Ratio of BNY Mellon High Yield Strategies Fund was 0.47. The lowest was 0.38. And the median was 0.43.
DHF's Debt-to-Equity is ranked worse than 64.47% of 957
companies
in the Asset Management industry
Industry Median: 0.21
vs DHF: 0.38
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
BNY Mellon High Yield Strategies Fund Debt-to-Equity Related Terms
BNY Mellon High Yield Strategies Fund Debt-to-Equity Historical Data
* 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 Debt-to-Equity Chart
For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Debt-to-Equity falls into.
* 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 (DHF) has a Debt-to-Equity of 0.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. This is 12% below median its historical median of 0.43. Over the past decade, BNY Mellon High Yield Strategies Fund's Debt-to-Equity has ranged from 0.38 to 0.47. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #617 out of 957 companies in the Asset Management industry, placing it in the top 64.5%.
Is BNY Mellon High Yield Strategies Fund's Debt-to-Equity too high?
BNY Mellon High Yield Strategies Fund's current Debt-to-Equity of 0.38 is 12% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.47. The Asset Management industry median Debt-to-Equity is 0.21. BNY Mellon High Yield Strategies Fund's value of 0.38 is 81% above this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #617 out of 957 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Scoreâ„¢ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's Debt-to-Equity compare to ECF and GGT?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #617 out of 957 companies for Debt-to-Equity. This places BNY Mellon High Yield Strategies Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. BNY Mellon High Yield Strategies Fund's value of 0.38 is 81% above this benchmark. Historically, BNY Mellon High Yield Strategies Fund's own Debt-to-Equity has ranged from 0.38 to 0.47 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.21, BNY Mellon High Yield Strategies Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon High Yield Strategies Fund's current Debt-to-Equity of 0.38 is 81% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon High Yield Strategies Fund's current Debt-to-Equity is 0.38, which is 12% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund (DHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $2.37 — trading 78.2% above its estimated fair value. The current Debt-to-Equity is 0.38, which is 12% below median its 10-year median of 0.43 and 81% above the Asset Management industry median of 0.21. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current Debt-to-Equity is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BNY Mellon High Yield Strategies Fund (DHF) Overvalued in 2026?
Based on GuruFocus' analysis, BNY Mellon High Yield Strategies Fund stock appears to be overvalued.
The current stock price of $2.37 is trading 78.2% above its estimated GF Value™ of $1.33.
GuruFocus considers BNY Mellon High Yield Strategies Fund to be Significantly Overvalued.
Key valuation signals for DHF:
Debt-to-Equity: 0.38 (12% below median its 10-year median of 0.43)
GF Value™: $1.33 vs. price of $2.37 (78.2% above fair value)
Industry Position: 81% above the Asset Management median (#617 of 957)
No single metric tells the full story. See the DHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.
40GF Score
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