DHF (BNY Mellon High Yield Strategies Fund) Shareholder Yield % : 8.96% (As of Mar. 2026) — 11% Below Median


DHF BNY Mellon High Yield Strategies Fund DHF
41 GF Score
Price $2.42
GF Value $1.33
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BNY Mellon High Yield Strategies Fund Shareholder Yield %?

BNY Mellon High Yield Strategies Fund DHF 41 Shareholder Yield % is 8.96% as of Mar. 2026, which is 11% below its 10-year median of 10.09. GuruFocus rates DHF with a GF Score™ of 41/100 and a GF Value™ of $1.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,472 Asset Management companies, BNY Mellon High Yield Strategies Fund ranks better than 73.78% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, BNY Mellon High Yield Strategies Fund's Shareholder Yield % was 8.96%.


BNY Mellon High Yield Strategies Fund  (NYSE:DHF) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


BNY Mellon High Yield Strategies Fund Shareholder Yield % Related Terms


BNY Mellon High Yield Strategies Fund Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for BNY Mellon High Yield Strategies Fund's Shareholder Yield % 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 Shareholder Yield % Chart

BNY Mellon High Yield Strategies Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only 8.17 20.26 7.82 10.67 8.89

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
Shareholder Yield % 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 7.82 8.37 10.67 9.70 8.89

DHF vs ECF, HGLB, FLC: Shareholder Yield % Comparison

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

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

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's Shareholder Yield % falls into.


DHF
41GF Score
BNY Mellon High Yield Strategies Fund DHF
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon High Yield Strategies Fund Shareholder Yield % Calculation

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

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=8.61 %+0.00 %+0.28 %
=8.89 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 8.96% mean?
BNY Mellon High Yield Strategies Fund (DHF) has a Shareholder Yield % of 8.96% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. This is 11% below median its historical median of 10.09. Over the past decade, BNY Mellon High Yield Strategies Fund's Shareholder Yield % has ranged from 4.49 to 21.70. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #386 out of 1472 companies in the Asset Management industry, placing it in the top 26.2%.
Is BNY Mellon High Yield Strategies Fund's Shareholder Yield % too high?
BNY Mellon High Yield Strategies Fund's current Shareholder Yield % of 8.96% is 11% below median its 10-year median of 10.09. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 21.70. The Asset Management industry median Shareholder Yield % is 4.23. BNY Mellon High Yield Strategies Fund's value of 8.96% is 112.1% above this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #386 out of 1472 companies in the Asset Management industry, which is above the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's Shareholder Yield % compare to ECF and HGLB?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #386 out of 1472 companies for Shareholder Yield %. This puts BNY Mellon High Yield Strategies Fund in the upper half of its industry. The industry median Shareholder Yield % is 4.23. BNY Mellon High Yield Strategies Fund's value of 8.96% is 112.1% above this benchmark. Historically, BNY Mellon High Yield Strategies Fund's own Shareholder Yield % has ranged from 4.49 to 21.70 over the past decade. While the company's 10-year median is 10.09 vs. the industry median of 4.23, 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 Shareholder Yield % for an Asset Management company?
The median Shareholder Yield % among Asset Management companies is 4.23, based on 1,472 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % 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 Shareholder Yield % of 8.96% is 112.1% 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median Shareholder Yield % is 4.23 — 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 Shareholder Yield % is 8.96%, which is 11% below median its own 10-year median of 10.09. 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 $2.42 — trading 82% above its estimated fair value. The current Shareholder Yield % is 8.96%, which is 11% below median its 10-year median of 10.09 and 112.1% above the Asset Management industry median of 4.23. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current Shareholder Yield % is 8.96% 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 $2.42 is trading 82% 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:

  • Shareholder Yield %: 8.96% (11% below median its 10-year median of 10.09)
  • GF Value™: $1.33 vs. price of $2.42 (82% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 112.1% above the Asset Management median (#386 of 1472)

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.
41GF Score

Get the complete analysis for DHF

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

$2.42
Price
$1.33
GF Value