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DHF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.68 Max: 0.7
Current: 0.68
During the past 9 years, the highest Equity to Asset Ratio of BNY Mellon High Yield Strategies Fund was 0.70. The lowest was 0.66. And the median was 0.68.
DHF's Equity-to-Asset is ranked worse than 64.8% of 1628
companies
in the Asset Management industry
Industry Median: 0.83
vs DHF: 0.68
BNY Mellon High Yield Strategies Fund (NYSE:DHF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
BNY Mellon High Yield Strategies Fund Equity-to-Asset Related Terms
BNY Mellon High Yield Strategies Fund Equity-to-Asset 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 Equity-to-Asset Chart
For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Equity-to-Asset falls into.
BNY Mellon High Yield Strategies Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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 Equity-to-Asset of 0.68 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. This is near median its historical median of 0.68. Over the past decade, BNY Mellon High Yield Strategies Fund's Equity-to-Asset has ranged from 0.66 to 0.70. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #1055 out of 1628 companies in the Asset Management industry, placing it in the top 64.8%.
Is BNY Mellon High Yield Strategies Fund's Equity-to-Asset too high?
BNY Mellon High Yield Strategies Fund's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 0.70. The Asset Management industry median Equity-to-Asset is 0.83. BNY Mellon High Yield Strategies Fund's value of 0.68 is 18.1% below this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #1055 out of 1628 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's Equity-to-Asset compare to GGT and BSL?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #1055 out of 1628 companies for Equity-to-Asset. This places BNY Mellon High Yield Strategies Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. BNY Mellon High Yield Strategies Fund's value of 0.68 is 18.1% below this benchmark. Historically, BNY Mellon High Yield Strategies Fund's own Equity-to-Asset has ranged from 0.66 to 0.70 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.83, BNY Mellon High Yield Strategies Fund has consistently been below 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,628 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset of 0.68 is 18.1% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — 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 Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.68. 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 Equity-to-Asset is 0.68, which is near median its 10-year median of 0.68 and 18.1% below the Asset Management industry median of 0.83. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current Equity-to-Asset is 0.68 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:
Equity-to-Asset: 0.68 (near median its 10-year median of 0.68)
GF Value™: $1.33 vs. price of $2.37 (78.2% above fair value)
Industry Position: 18.1% below the Asset Management median (#1055 of 1628)
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.
38GF Score
Get the complete analysis for DHF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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