DHF (BNY Mellon High Yield Strategies Fund) 3-Year RORE % : -139.13% (As of Mar. 2026)


DHF BNY Mellon High Yield Strategies Fund DHF
40 GF Score
Price $2.41
GF Value $1.33
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BNY Mellon High Yield Strategies Fund 3-Year RORE %?

BNY Mellon High Yield Strategies Fund DHF -0.41% 40 3-Year RORE % is -139.13 as of Mar. 2026. GuruFocus rates DHF with a GF Score™ of 40/100 and a GF Value™ of $1.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,537 Asset Management companies, BNY Mellon High Yield Strategies Fund ranks worse than 92% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. BNY Mellon High Yield Strategies Fund's 3-Year RORE % for the quarter that ended in Mar. 2026 was -139.13%.

The industry rank for BNY Mellon High Yield Strategies Fund's 3-Year RORE % or its related term are showing as below:

DHF's 3-Year RORE % is ranked worse than
92% of 1537 companies
in the Asset Management industry
Industry Median: 12.56 vs DHF: -139.13

BNY Mellon High Yield Strategies Fund  (NYSE:DHF) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


BNY Mellon High Yield Strategies Fund 3-Year RORE % Related Terms


BNY Mellon High Yield Strategies Fund 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for BNY Mellon High Yield Strategies Fund's 3-Year RORE % 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.

BNY Mellon High Yield Strategies Fund 3-Year RORE % Chart

BNY Mellon High Yield Strategies Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only -181.10 4,655.56 -57.82 -148.27 -139.13

BNY Mellon High Yield Strategies Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -57.82 -224.21 -148.27 -28.16 -139.13

DHF vs ECF, HGLB, FLC: 3-Year RORE % Comparison

For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's 3-Year RORE % falls into.


DHF
40GF Score
BNY Mellon High Yield Strategies Fund DHF
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon High Yield Strategies Fund 3-Year RORE % Calculation

BNY Mellon High Yield Strategies Fund's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.17-0.33 )/( 0.72-0.605 )
=-0.16/0.115
=-139.13 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -139.13 mean?
BNY Mellon High Yield Strategies Fund (DHF) has a 3-Year RORE % of -139.13 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #1414 out of 1537 companies in the Asset Management industry, placing it in the top 92%.
Is BNY Mellon High Yield Strategies Fund's 3-Year RORE % too high?
BNY Mellon High Yield Strategies Fund's current 3-Year RORE % is -139.13. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #1414 out of 1537 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ 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 3-Year RORE % compare to ECF and HGLB?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #1414 out of 1537 companies for 3-Year RORE %. This places BNY Mellon High Yield Strategies Fund in the lower half of its industry. The industry median 3-Year RORE % is 12.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.56, based on 1,537 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.56 — 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 3-Year RORE % is -139.13. 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 $2.41 — trading 81.2% above its estimated fair value. The current 3-Year RORE % is -139.13. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current 3-Year RORE % is -139.13 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 $2.41 is trading 81.2% 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:

  • 3-Year RORE %: -139.13
  • GF Value™: $1.33 vs. price of $2.41 (81.2% above fair value)
  • GF Score™: 40/100 with 5 warning signs

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 Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 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. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.
40GF Score

Get the complete analysis for DHF

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.41
Price
$1.33
GF Value